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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted EPS Attributable to Alcoa Corporation Common Shareholders

The information used to compute basic and diluted EPS attributable to Alcoa Corporation common shareholders was as follows (shares in millions):

 

 

 

Third quarter ended

September 30,

 

 

Nine months ended

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net (loss) income attributable to Alcoa Corporation

 

$

(746

)

 

$

337

 

 

$

272

 

 

$

821

 

Average shares outstanding – basic

 

 

179

 

 

 

187

 

 

 

182

 

 

 

187

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock units

 

 

 

 

 

4

 

 

 

4

 

 

 

3

 

Average shares outstanding – diluted

 

 

179

 

 

 

191

 

 

 

186

 

 

 

190