Segment and Geographic Area Information (Tables)

12 Months Ended

Dec. 31, 2017

The operating results and assets of Arconic’s reportable segments were as follows:



	Engineered Products and Solutions		Global Rolled Products		Transportation and Construction Solutions		Total
2017
Sales:
Third-party sales	$	5,935	$	4,992	$	1,985	$	12,912
Intersegment sales	—		148		—		148
Total sales	$	5,935	$	5,140	$	1,985	$	13,060
Profit and loss:
Depreciation and amortization	268		205		50		523
Adjusted EBITDA	1,224		599		321		2,144
2016
Sales:
Third-party sales	$	5,728	$	4,864	$	1,802	$	12,394
Intersegment sales	—		118		—		118
Total sales	$	5,728	$	4,982	$	1,802	$	12,512
Profit and loss:
Depreciation and amortization	$	255	$	201	$	48	$	504
Adjusted EBITDA	1,195		577		291		2,063
2015
Sales:
Third-party sales	$	5,342	$	5,253	$	1,882	$	12,477
Intersegment sales	—		125		—		125
Total sales	$	5,342	$	5,378	$	1,882	$	12,602
Profit and loss:
Depreciation and amortization	$	233	$	203	$	43	$	479
Adjusted EBITDA	1,111		512		271		1,894
2017
Assets:
Capital expenditures	$	308	$	178	$	57	$	543
Goodwill	3,949		193		60		4,202
Total assets	10,252		4,179		1,068		15,499
2016
Assets:
Capital expenditures	$	333	$	293	$	63	$	689
Goodwill	4,579		181		57		4,817
Total assets	10,542		3,891		982		15,415

The following tables reconcile certain segment information to consolidated totals:



	2017			2016			2015
Sales:
Total segment sales	$	13,060		$	12,512		$	12,602
Elimination of intersegment sales	(148		)	(118		)	(125		)
Corporate	48			—			(64		)
Consolidated sales	$	12,960		$	12,394		$	12,413



	2017			2016			2015
Combined segment adjusted EBITDA	$	2,144		$	2,063		$	1,894
Unallocated amounts:
Depreciation and amortization	(551		)	(535		)	(508		)
Impairment of goodwill	(719		)	—			(25		)
Restructuring and other charges	(165		)	(155		)	(214		)
Impact of LIFO	(110		)	(18		)	101
Metal price lag	72			27			(175		)
Corporate expense	(274		)	(454		)	(371		)
Other	(71		)	(109		)	(74		)
Operating income	326			819			628
Interest expense	(496		)	(499		)	(473		)
Other income, net	640			94			28
Income from continuing operations before income taxes	470			414			183
Provision for income taxes	(544		)	(1,476		)	(339		)
Discontinued operations	—			121			(165		)
Net income attributable to noncontrolling interest	—			—			(1		)
Net loss attributable to Arconic	$	(74	)	$	(941	)	$	(322	)



December 31,	2017			2016
Assets:
Total segment assets	$	15,499		$	15,415
Unallocated amounts:
Cash and cash equivalents	2,150			1,863
Deferred income taxes	743			1,234
Corporate goodwill	333			331
Corporate fixed assets, net	310			308
LIFO reserve	(481		)	(371		)
Fair value of derivative contracts	91			24
Investment in common stock of Alcoa Corporation	—			1,020
Other	73			214
Consolidated assets	$	18,718		$	20,038

Sales by major product grouping were as follows:



	2017		2016		2015
Sales:
Flat-rolled aluminum	$	4,992	$	4,864	$	5,253
Fastening systems and rings	2,102		2,060		2,168
Investment castings	1,983		1,870		1,812
Other extruded and forged products	1,565		1,495		1,332
Architectural aluminum systems	1,065		1,010		951
Aluminum wheels	805		689		790
Other	448		406		107
	$	12,960	$	12,394	$	12,413

Geographic information for sales was as follows (based upon the country where the point of sale occurred):

Geographic information for long-lived assets was as follows (based upon the physical location of the assets):