Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents (P)	$ 1,363	$ 1,814
Receivables from customers	778	757
Other receivables	131	127
Inventories (J)	2,427	1,956
Fair value of derivative instruments (P)	134	14
Prepaid expenses and other current assets	417	358
Total current assets	5,250	5,026
Properties, plants, and equipment, net (K)	6,493	6,623
Investments (H)	1,122	1,199
Deferred income taxes (Q)	296	506
Fair value of derivative instruments (P)	2	7
Other noncurrent assets (U)	1,593	1,664
Total Assets	14,756	15,025
Current liabilities:
Accounts payable, trade	1,757	1,674
Accrued compensation and retirement costs	335	383
Taxes, including income taxes	230	374
Fair value of derivative instruments (P)	200	274
Other current liabilities	481	517
Long-term debt due within one year (M & P)	1	1
Total current liabilities	3,004	3,223
Long-term debt, less amount due within one year (M & P)	1,806	1,726
Accrued pension benefits (O)	213	417
Accrued other postretirement benefits (O)	480	650
Asset retirement obligations (R)	711	622
Environmental remediation (S)	226	265
Fair value of derivative instruments (P)	1,026	1,048
Noncurrent income taxes (Q)	215	191
Other noncurrent liabilities and deferred credits (U)	486	599
Total liabilities	8,167	8,741
Contingencies and commitments (S)
Alcoa Corporation shareholders’ equity:
Common stock (N)	2	2
Additional capital	9,183	9,577
Accumulated deficit	(570)	(315)
Accumulated other comprehensive loss (G)	(3,539)	(4,592)
Total Alcoa Corporation shareholders’ equity	5,076	4,672
Noncontrolling interest (A)	1,513	1,612
Total equity	6,589	6,284
Total Liabilities and Equity	$ 14,756	$ 15,025