Earnings Per Share and Common Stock (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Reconciliation of Information Used to Compute Basic and Diluted EPS

The information used to compute basic and diluted EPS attributable to Howmet common shareholders was as follows (shares in millions in the table below):

	First quarter ended
	March 31,
	2024		2023
Net income attributable to common shareholders	$	243	$	148
Less: preferred stock dividends declared	1		1
Net income available to Howmet Aerospace common shareholders - basic and diluted	$	242	$	147
Average shares outstanding - basic	410		412
Effect of dilutive securities:
Stock and performance awards	2		6
Average shares outstanding - diluted	412		418