XML 11 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Statement of Consolidated Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Sales (D) $ 2,547 $ 2,053 $ 4,860 $ 3,995
Cost of goods sold (exclusive of expenses below) 1,596 1,365 3,055 2,655
Selling, general administrative, and other expenses 148 89 259 174
Research and development expenses 8 9 17 17
Provision for depreciation and amortization 84 69 158 138
Restructuring and other credits (E) 0 0 (93) (4)
Operating income 711 521 1,464 1,015
Interest expense, net 51 38 94 77
Other expense, net (G) 11 14 13 23
Income before income taxes 649 469 1,357 915
Provision for income taxes (H) 115 62 243 164
Net income 534 407 1,114 751
Amounts Attributable to Howmet Aerospace Common Shareholders (I):        
Net income, Basic 534 407 1,114 750
Net income, Diluted $ 534 $ 407 $ 1,114 $ 750
Earnings per share:        
Basic (in usd per share) $ 1.33 $ 1.01 $ 2.78 $ 1.85
Diluted (in usd per share) $ 1.33 $ 1.00 $ 2.77 $ 1.84
Average Shares Outstanding (I):        
Basic (in shares) 400 404 400 404
Diluted (in shares) 402 406 402 407