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Segment Information (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of Operating Results of Arconic's Reportable Segments
The operating results of Arconic’s reportable segments were as follows:
 
Engineered
Products and
Solutions
 
Global Rolled
Products
 
Transportation
and Construction
Solutions
 
Total
Segment
First quarter ended March 31, 2018
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
Third-party sales
$
1,541

 
$
1,366

 
$
537

 
$
3,444

Intersegment sales

 
42

 

 
42

Total sales
$
1,541

 
$
1,408

 
$
537

 
$
3,486

Profit and loss:
 
 
 
 
 
 
 
Segment operating profit
221

 
112

 
67

 
400

Restructuring and other charges
1

 
(1
)
 

 

Provision for depreciation and amortization
71

 
51

 
13

 
135

 
 
 
 
 
 
 
 
First quarter ended March 31, 2017
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
Third-party sales
$
1,487

 
$
1,248

 
$
456

 
$
3,191

Intersegment sales

 
34

 

 
34

Total sales
$
1,487

 
$
1,282

 
$
456

 
$
3,225

Profit and loss:
 
 
 
 
 
 
 
Segment operating profit
247

 
136

 
68

 
451

Restructuring and other charges
6

 
57

 
3

 
66

Provision for depreciation and amortization
64

 
50

 
12

 
126

 
 
Schedule Of Segment Reporting Information To Consolidate Net Income Loss Attributable To Parent
The following table reconciles Total segment operating profit to Consolidated income before income taxes:
 
First quarter ended
 
March 31,
 
2018
 
2017
Total segment operating profit
$
400

 
$
451

Unallocated amounts:
 
 
 
Restructuring and other charges
(7
)
 
(73
)
Corporate expense
(60
)
 
(95
)
Consolidated operating income
$
333

 
$
283

Interest expense
(114
)
 
(115
)
Other (expense) income, net
(20
)
 
316

Consolidated income before income taxes
$
199

 
$
484

Reconciliation of Assets from Segment to Consolidated
The total assets of Arconic's reportable segment were as follows:
 
March 31, 2018
 
December 31, 2017
Engineered Products and Solutions
10,561

 
10,325

Global Rolled Products
4,193

 
3,955

Transportation and Construction Solutions
1,108

 
1,041

Total segment assets
$
15,862

 
$
15,321

The following table reconciles Total segment assets to Consolidated assets:
 
March 31, 2018
 
December 31, 2017
Total segment assets
$
15,862

 
$
15,321

Unallocated amounts:
 
 
 
Cash and cash equivalents
1,205

 
2,150

Deferred income taxes
675

 
743

Corporate fixed assets, net
307

 
310

Fair value of derivative contracts
53

 
91

Other
117

 
103

Consolidated assets
$
18,219

 
$
18,718