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Statement of Consolidated Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Sales (C) $ 1,880 $ 1,648 $ 3,704 $ 3,251
Cost of goods sold (exclusive of expenses below) 1,287 1,196 2,577 2,360
Selling, general administrative, and other expenses 97 88 185 163
Research and development expenses 7 9 17 18
Provision for depreciation and amortization 69 67 136 136
Restructuring and other charges (D) 22 3 22 4
Operating income 398 285 767 570
Loss on debt redemption (N) 0 0 0 1
Interest expense, net 49 55 98 112
Other expense (income), net (F) 15 (13) 32 (6)
Income before income taxes 334 243 637 463
Provision for income taxes (G) 68 50 128 122
Net income 266 193 509 341
Amounts Attributable to Howmet Aerospace Common Shareholders (H):        
Net income, Basic 266 193 508 340
Net income, Diluted $ 266 $ 193 $ 508 $ 340
Earnings per share:        
Basic (in usd per share) $ 0.65 $ 0.47 $ 1.24 $ 0.82
Diluted (in usd per share) $ 0.65 $ 0.46 $ 1.23 $ 0.81
Average Shares Outstanding (H):        
Basic (in shares) 408 413 409 413
Diluted (in shares) 411 417 411 417