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Statement of Changes in Consolidated Equity (unaudited) - USD ($)
$ in Millions
Total
Class A
Preferred stock
Common stock
Additional capital
Retained earnings
Retained earnings
Class A
Accumulated other comprehensive loss
Noncontrolling interests
Beginning balance at Dec. 31, 2019 $ 4,605   $ 55 $ 433 $ 7,319 $ 113   $ (3,329) $ 14
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 119         119      
Net income (loss) 119                
Other comprehensive income (loss) (31)             (31)  
Cash dividends declared:                  
Preferred dividends declared, value   $ (1)         $ (1)    
Common share, value (8)         (8)      
Stock-based compensation 23       23        
Common stock issued: compensation plans (3)     3 (6)        
Distributions to Arconic Corp (1,255)       (2,633)     1,392 (14)
Ending balance at Jun. 30, 2020 3,449   55 436 4,703 223   (1,968) 0
Beginning balance at Mar. 31, 2020 4,781   55 436 7,326 319   (3,369) 14
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (96)         (96)      
Net income (loss) (96)                
Other comprehensive income (loss) 9             9  
Cash dividends declared:                  
Stock-based compensation 10       10        
Distributions to Arconic Corp (1,255)       (2,633)     1,392 (14)
Ending balance at Jun. 30, 2020 3,449   55 436 4,703 223   (1,968) $ 0
Beginning balance at Dec. 31, 2020 3,577   55 433 4,668 364   (1,943)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 154         154      
Other comprehensive income (loss) 59             59  
Cash dividends declared:                  
Preferred dividends declared, value   $ (1)         $ (1)    
Repurchase and retirement of common stock (200)     (6) (194)        
Stock-based compensation 14       14        
Common stock issued: compensation plans (5)     2 (7)        
Ending balance at Jun. 30, 2021 3,598   55 429 4,481 517   (1,884)  
Beginning balance at Mar. 31, 2021 3,662   55 434 4,671 443   (1,941)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 74         74      
Other comprehensive income (loss) 57             57  
Cash dividends declared:                  
Repurchase and retirement of common stock (200)     (6) (194)        
Stock-based compensation 8       8        
Common stock issued: compensation plans (3)     1 (4)        
Ending balance at Jun. 30, 2021 $ 3,598   $ 55 $ 429 $ 4,481 $ 517   $ (1,884)