Restructuring and Other Charges (Tables)

9 Months Ended

Sep. 30, 2021

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Segment

The Company does not include Restructuring and other charges in the results of its reportable segments. The impact of allocating such charges to segment results would have been as follows:

	Third quarter ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Rolled Products	$	—	$	(1)	$	1	$	15
Building and Construction Systems	—		—		(1)		6
Extrusions	3		1		6		(27)
Segment total	3		—		6		(6)
Corporate	11		3		606		67
	$	14	$	3	$	612	$	61

Schedule of Restructuring Reserve

Activity and reserve balances for restructuring charges were as follows:

	Layoff costs		Other costs		Total
Reserve balances at December 31, 2019	$	20	$	1	$	21
Separation-related adjustments(1)	2		—		2
Cash payments	(24)		(3)		(27)
Restructuring charges	23		4		27
Other(2)	(8)		(1)		(9)
Reserve balances at December 31, 2020	13		1		14
Cash payments	(9)		(2)		(11)
Restructuring charges	2		5		7
Other(2)	(3)		(1)		(4)
Reserve balances at September 30, 2021(3)	$	3	$	3	$	6

_____________________

(1)Represents liabilities transferred from ParentCo on April 1, 2020 in connection with the Separation (see Note A).

(2)Other includes reversals of previously recorded restructuring charges and the effects of foreign currency translation.

(3)The remaining reserves are expected to be paid in cash during the remainder of 2021, with the exception of $2 that is expected to be paid in 2022 related to special termination benefits.