Statement of Consolidated Cash Flows (unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
CASH FROM OPERATIONS
Net income	$ 458	$ 939
Adjustments to reconcile net income to cash from operations:
Provision for depreciation, depletion, and amortization	470	499
Deferred income taxes	93	61
Equity earnings, net of dividends	(35)	(84)
Restructuring and other charges, net (D)	702	73
Net loss (gain) from investing activities – asset sales (C)	7	(132)
Net periodic pension benefit cost (K)	39	36
Stock-based compensation	28	26
Premium paid on early redemption of debt		43
Gain on mark-to-market derivative financial contracts	(84)
Other	30	45
Changes in assets and liabilities, excluding effects of divestitures and foreign currency translation adjustments:
Decrease (Increase) in receivables	23	(408)
Increase in inventories	(580)	(373)
(Increase) Decrease in prepaid expenses and other current assets	(10)	39
(Decrease) Increase in accounts payable, trade	(10)	153
Decrease in accrued expenses	(122)
(Decrease) Increase in taxes, including income taxes	(103)	143
Pension contributions (K)	(12)	(575)
Increase in noncurrent assets	(94)	(47)
Decrease in noncurrent liabilities	(96)	(83)
CASH PROVIDED FROM OPERATIONS	704	355
FINANCING ACTIVITIES
Additions to debt (original maturities greater than three months)		495
Payments on debt (original maturities greater than three months)		(1,294)
Proceeds from the exercise of employee stock options	22	19
Repurchase of common stock	(500)	0
Dividends paid on Alcoa common stock	(55)	0
Payments related to tax withholding on stock-based compensation awards	(19)	(1)
Financial contributions for the divestiture of businesses (D)	(19)	(14)
Contributions from noncontrolling interest	150	8
Distributions to noncontrolling interest	(319)	(177)
Other	(3)	(2)
CASH USED FOR FINANCING ACTIVITIES	(743)	(966)
INVESTING ACTIVITIES
Capital expenditures	(309)	(237)
Proceeds from the sale of assets	5	715
Additions to investments	(32)	(7)
Sale of investments	10	0
Other	2	0
CASH (USED FOR) PROVIDED FROM INVESTING ACTIVITIES	(324)	471
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	(20)	(11)
Net change in cash and cash equivalents and restricted cash	(383)	(151)
Cash and cash equivalents and restricted cash at beginning of year	1,924	1,610
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (Q) AT END OF PERIOD	$ 1,541	$ 1,459