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Financial Instruments and Risk Management - General (Details)
$ / shares in Units, item in Millions, $ in Millions
9 Months Ended
Sep. 30, 2021
USD ($)
item
approach
$ / shares
Dec. 31, 2020
USD ($)
Financial Instruments and Risk Management    
Aggregate fair value of derivative instruments with credit-risk-related contingent features that were in a net liability position $ 7 $ 52
Collateral amount posted for derivative instruments with credit-risk-related contingent features that were in a net liability position $ 0 $ 0
Commodity contracts    
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 derivatives $ 1,692  
Gain (loss) on derivatives included in AOCI, net of tax 138  
Net gain (loss) expected to be recognized in net earnings within the next 12 months $ 130  
Commodity contracts | Cash Flow Hedging    
Financial Instruments and Risk Management    
Period within which derivative will expire 3 years  
Currency Exchange Rate Risk    
Financial Instruments and Risk Management    
Notional amount of derivatives $ 2,803  
Gain (loss) on derivatives included in AOCI, net of tax 27  
Net gain (loss) expected to be recognized in net earnings within the next 12 months $ 19  
Currency Exchange Rate Risk | Cash Flow Hedging    
Financial Instruments and Risk Management    
Period within which derivative will expire 3 years  
Interest rate swap and option contracts    
Financial Instruments and Risk Management    
Notional amount of derivatives $ 1,795  
Interest rate swap and option contracts | Cash Flow Hedging    
Financial Instruments and Risk Management    
Period within which derivative will expire 2 years  
Equity contracts    
Financial Instruments and Risk Management    
Combined notional value, shares | item 2.6  
Change in company's stock price (in dollars per share) | $ / shares $ 1