Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

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, 2019
Sales:
Third-party sales	$	1,502	$	1,503		$	535	$	3,540
Intersegment sales	—		55			—		55
Total sales	$	1,502	$	1,558		$	535	$	3,595
Profit and loss:
Segment operating profit	$	253	$	107		$	87	$	447
Restructuring and other charges	14		6			9		29
Provision for depreciation and amortization	64		54			13		131
First quarter ended March 31, 2018
Sales:
Third-party sales	$	1,426	$	1,481		$	537	$	3,444
Intersegment sales	—		57			—		57
Total sales	$	1,426	$	1,538		$	537	$	3,501
Profit and loss:
Segment operating profit	$	209	$	124		$	67	$	400
Restructuring and other charges	1		(1		)	—		—
Provision for depreciation and amortization	65		56			13		134

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,
	2019			2018
Total segment operating profit	$	447		$	400
Unallocated amounts:
Restructuring and other charges	(12		)	(7		)
Corporate expense	(61		)	(60		)
Consolidated operating income	$	374		$	333
Interest expense	(85		)	(114		)
Other expense, net	(32		)	(20		)
Consolidated income before income taxes	$	257		$	199

Reconciliation of Assets from Segment to Consolidated

The following table reconciles Total segment assets to Consolidated assets:

	March 31, 2019		December 31, 2018
Total segment assets	$	16,127	$	15,372
Unallocated amounts:
Cash and cash equivalents	1,319		2,277
Deferred income taxes	480		573
Corporate fixed assets, net	308		305
Fair value of derivative contracts	8		37
Other	119		129
Consolidated assets	$	18,361	$	18,693

The total assets of Arconic's reportable segment were as follows:

	March 31, 2019		December 31, 2018
Engineered Products and Solutions	$	10,153	$	9,797
Global Rolled Products	4,768		4,486
Transportation and Construction Solutions	1,206		1,089
Total segment assets	$	16,127	$	15,372

Disaggregation of Revenue by Major End Market Served

The following table disaggregates revenue by major end market served. Differences between segment totals and consolidated Arconic are in Corporate:

	Engineered Products and Solutions		Global Rolled Products		Transportation and Construction Solutions			Total Segment
First quarter ended March 31, 2019
Aerospace	$	1,250	$	302	$	—		$	1,552
Transportation	87		649		255			991
Building and construction	—		49		281			330
Industrial and Other	165		503		(1		)	667
Total end-market revenue	$	1,502	$	1,503	$	535		$	3,540
First quarter ended March 31, 2018
Aerospace	$	1,141	$	248	$	—		$	1,389
Transportation	73		622		243			938
Building and construction	—		48		285			333
Industrial and Other	212		563		9			784
Total end-market revenue	$	1,426	$	1,481	$	537		$	3,444