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Statement of Consolidated Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Sales (C) $ 3,691 $ 3,573 $ 7,232 $ 7,018
Cost of goods sold (exclusive of expenses below) 2,939 2,903 5,757 5,671
Selling, general administrative, and other expenses 178 158 356 330
Research and development expenses 17 29 39 52
Provision for depreciation and amortization 139 144 276 286
Restructuring and other charges (D) 499 15 511 22
Operating (loss) income (81) 324 293 657
Interest expense 85 89 170 203
Other expense, net (E) 29 41 61 61
(Loss) income before income taxes (195) 194 62 393
(Benefit) provision for income taxes (G) (74) 74 (4) 130
Net (loss) income (121) 120 66 263
Amounts Attributable to Arconic Common Shareholders (I):        
Net (loss) income $ (121) $ 120 $ 65 $ 262
(Loss) earnings per share - basic (in usd per share) $ (0.27) $ 0.25 $ 0.14 $ 0.54
(Loss) earnings per share - diluted (in usd per share) $ (0.27) $ 0.24 $ 0.14 $ 0.53
Average Shares Outstanding (I):        
Average shares outstanding - basic (in shares) 445 483 458 483
Average shares outstanding - diluted (in shares) 445 502 462 502