Consolidated Balance Sheet - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 349	$ 787
Receivables from customers, less allowances of $1 in both 2021 and 2020	876	631
Other receivables	198	128
Inventories	1,525	1,043
Prepaid expenses and other current assets	61	53
Total current assets	3,009	2,642
Properties, plants, and equipment	7,452	7,409
Less: accumulated depreciation and amortization	4,836	4,697
Properties, plants, and equipment, net	2,616	2,712
Goodwill	388	390
Operating lease right-of-use assets	130	144
Deferred income taxes	258	329
Other noncurrent assets	95	97
Total assets	6,496	6,314
Current liabilities:
Accounts Payable, Trade, Current	1,489	1,106
Accrued compensation and retirement costs	129	118
Taxes, including income taxes	42	33
Environmental remediation	56	90
Operating lease liabilities	35	36
Other current liabilities	163	90
Total current liabilities	1,914	1,473
Long-term debt	1,593	1,278
Accrued pension benefits	731	1,343
Accrued other postretirement benefits	424	479
Environmental remediation	47	66
Operating lease liabilities	98	111
Deferred income taxes	14	15
Other noncurrent liabilities and deferred credits	97	102
Total liabilities	4,918	4,867
Contingencies and commitments
Arconic Corporation stockholders’ equity:
Common stock	1	1
Additional capital	3,361	3,348
Accumulated deficit	(514)	(155)
Treasury stock (J)	(106)	0
Accumulated other comprehensive loss (K)	(1,178)	(1,761)
Total Arconic Corporation stockholders’ equity	1,564	1,433
Noncontrolling interest	14	14
Total equity	1,578	1,447
Total liabilities and equity	$ 6,496	$ 6,314