XML 24 R8.htm IDEA: XBRL DOCUMENT v3.22.4
Statement of Changes in Consolidated Equity - USD ($)
$ in Millions
Total
Preferred Class A
Preferred stock
Common stock
Additional capital
Retained earnings (Accumulated deficit)
Retained earnings (Accumulated deficit)
Preferred 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 261         261      
Other comprehensive income (L) 16             16  
Cash dividends declared:                  
Cash dividends declared, Preferred-Class A   $ (2)         $ (2)    
Cash dividends declared, common (8)         (8)      
Repurchase and retirement of common stock (J) (73)     (3) (70)        
Stock-based compensation (J) 45       45        
Common stock issued: compensation plans (J) (6)     3 (9)        
Distributions to Arconic Corporation (C) (1,261)       (2,617)     1,370 (14)
Ending balance at Dec. 31, 2020 3,577   55 433 4,668 364   (1,943) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 258         258      
Other comprehensive income (L) 80             80  
Cash dividends declared:                  
Cash dividends declared, Preferred-Class A   (2)         (2)    
Cash dividends declared, common (17)         (17)      
Repurchase and retirement of common stock (J) (430)     (13) (417)        
Stock-based compensation (J) 40       40        
Common stock issued: compensation plans (J) 2     2          
Ending balance at Dec. 31, 2021 3,508   55 422 4,291 603   (1,863) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 469         469      
Other comprehensive income (L) 22             22  
Cash dividends declared:                  
Cash dividends declared, Preferred-Class A   $ (2)         $ (2)    
Cash dividends declared, common (42)         (42)      
Repurchase and retirement of common stock (J) (400)     (12) (388)        
Stock-based compensation (J) 54       54        
Common stock issued: compensation plans (J) (8)     2 (10)        
Ending balance at Dec. 31, 2022 $ 3,601   $ 55 $ 412 $ 3,947 $ 1,028   $ (1,841) $ 0