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Segment and Geographic Area Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Operating Results and Assets of Arconic's Reportable Segments The operating results and assets of the Company's reportable segments were as follows:
Year endedEngine ProductsFastening SystemsEngineered StructuresForged WheelsTotal
Segment
2021
Sales:
Third-party sales$2,282 $1,044 $725 $921 $4,972 
Inter-segment sales— — 10 
Total sales$2,286 $1,044 $731 $921 $4,982 
Profit and loss:
Segment operating profit$440 $190 $54 $255 $939 
Restructuring and other charges74 — 16 — 90 
Provision for depreciation and amortization124 49 49 39 261 
Other:
Capital expenditures$74 $42 $21 $45 $182 
Total Assets4,663 2,635 1,280 684 9,262 
2020
Sales:
Third-party sales$2,406 $1,245 $927 $679 $5,257 
Inter-segment sales— — 12 
Total sales$2,411 $1,245 $934 $679 $5,269 
Profit and loss:
Segment operating profit$417 $247 $73 $153 $890 
Restructuring and other charges36 39 28 106 
Provision for depreciation and amortization123 48 52 39 262 
Other:
Capital expenditures$77 $39 $19 $23 $158 
Total Assets4,756 2,707 1,444 628 9,535 
2019
Sales:
Third-party sales$3,320 $1,561 $1,255 $969 $7,105 
Inter-segment sales11 — 13 — 24 
Total sales$3,331 $1,561 $1,268 $969 $7,129 
Profit and loss:
Segment operating profit$621 $396 $120 $253 $1,390 
Restructuring and other charges297 199 506 
Provision for depreciation and amortization131 48 58 32 269 
Other:
Capital expenditures$211 $36 $27 $70 $344 
Total Assets5,445 2,810 1,151 629 10,035 
The following table reconciles Total segment capital expenditures, which are presented on an accrual basis, with Capital expenditures as presented on the Statement of Consolidated Cash Flows. Differences between the total segment and consolidated totals are in Corporate and discontinued operations, including the impact of changes in accrued capital expenditures during the period.
For the year ended December 31,202120202019
Total segment capital expenditures$182 $158 $344 
Corporate and discontinued operations17 109 297 
Capital expenditures$199 $267 $641 
Schedule of Reconciliation of Certain Segment Information to Consolidated Totals The following tables reconcile certain segment information to consolidated totals:
For the year ended December 31,202120202019
Sales:
Total segment sales$4,982 $5,269 $7,129 
Elimination of inter-segment sales(10)(12)(24)
Corporate— (7)
Consolidated sales$4,972 $5,259 $7,098 
Schedule of Segment ATOI to Consolidated Net (Loss) Income Attributable to Arconic
For the year ended December 31,202120202019
Total segment operating profit$939 $890 $1,390 
Unallocated amounts:
Restructuring and other charges(90)(182)(582)
Corporate expense(101)(82)(229)
Consolidated operating income$748 $626 $579 
Loss on debt redemption(146)(64)— 
Interest expense, net(259)(317)(338)
Other expense, net(19)(74)(31)
Income from continuing operations before income taxes$324 $171 $210 
Schedule of Segment Reporting Information to Consolidated Assets
December 31,20212020
Assets:
Total segment assets$9,262 $9,535 
Unallocated amounts:
Cash and cash equivalents720 1,610 
Deferred income taxes184 272 
Corporate fixed assets, net133 140 
Fair value of derivative contracts
Accounts receivable securitization(239)(241)
Other157 122 
Consolidated assets$10,219 $11,443 
Schedule of Geographic Information for Sales
Geographic information for sales was as follows (based upon the destination of the sale):
For the year ended December 31,202120202019
Sales:
United States$2,542 $2,782 $3,534 
France330 327 546 
Japan319 388 480 
Germany257 309 385 
Mexico225 185 277 
United Kingdom213 231 420 
Italy181 181 195 
Canada127 119 179 
Poland77 76 131 
China71 75 168 
Other630 586 783 
$4,972 $5,259 $7,098 
Schedule of Geographic Information for Long-Lived Assets
Geographic information for long-lived tangible assets was as follows (based upon the physical location of the assets):
December 31,20212020
Long-lived assets:
United States$1,868 $1,967 
Hungary205 213 
France127 150 
United Kingdom116 109 
Germany66 78 
Mexico61 62 
China53 59 
Canada39 44 
Japan25 25 
Other15 16 
 $2,575 $2,723 
Disaggregation of Revenue by Major End Market Served The following table disaggregates segment revenue by major market served. Differences between total segment and consolidated totals are in Corporate.
Engine ProductsFastening SystemsEngineered StructuresForged WheelsTotal
Segment
Year ended December 31, 2021
Aerospace - Commercial$1,105 $537 $387 $— $2,029 
Aerospace - Defense 523 158 270 — 951 
Commercial Transportation— 208 — 921 1,129 
Industrial and Other654 141 68 — 863 
Total end-market revenue$2,282 $1,044 $725 $921 $4,972 
Year ended December 31, 2020
Aerospace - Commercial$1,247 $808 $542 $— $2,597 
Aerospace - Defense 557 156 303 — 1,016 
Commercial Transportation— 155 — 679 834 
Industrial and Other602 126 82 — 810 
Total end-market revenue$2,406 $1,245 $927 $679 $5,257 
Year ended December 31, 2019
Aerospace - Commercial$2,229 $1,060 $897 $— $4,186 
Aerospace - Defense 475 158 256 — 889 
Commercial Transportation20 227 — 970 1,217 
Industrial and Other596 116 102 (1)813 
Total end-market revenue$3,320 $1,561 $1,255 $969 $7,105