XML 117 R98.htm IDEA: XBRL DOCUMENT v3.22.4
Financial Instruments and Risk Management - General (Details)
$ / shares in Units, shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
approach
$ / shares
shares
Dec. 31, 2021
USD ($)
Financial Instruments and Risk Management    
Collateral amount posted for derivative instruments with credit-risk-related contingent features that were in a net liability position $ 0 $ 0
Commodity    
Financial Instruments and Risk Management    
Number of methods through which entity manages commodity price risk in connection with market price fluctuations of aluminum ingot | approach 2  
Notional amount of contracts $ 1,610  
Net gain (loss) included in AOCI, after-tax (23)  
Net gain (loss) included in AOCI, after-tax, expected to be recognized in net earnings within the next 12 months $ (23)  
Commodity | Cash Flow Hedging    
Financial Instruments and Risk Management    
Longest duration of forecasted cash flow hedge transactions in years 2 years  
Currency    
Financial Instruments and Risk Management    
Notional amount of contracts $ 3,216  
Net gain (loss) included in AOCI, after-tax 5  
Net gain (loss) included in AOCI, after-tax, expected to be recognized in net earnings within the next 12 months $ 19  
Currency | Cash Flow Hedging    
Financial Instruments and Risk Management    
Longest duration of forecasted cash flow hedge transactions in years 2 years  
Interest Rate    
Financial Instruments and Risk Management    
Notional amount of contracts $ 214  
Interest Rate | Cash Flow Hedging    
Financial Instruments and Risk Management    
Longest duration of forecasted cash flow hedge transactions in years 1 year  
Equity contracts    
Financial Instruments and Risk Management    
Combined notional value (in shares) | shares 2.5  
Change in company's stock price (in dollars per share) | $ / shares $ 1