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Financial Instruments and Risk Management - General (Details)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
USD ($)
approach
$ / shares
shares
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 $ 1,104
Net gain (loss) included in AOCI, after-tax (2)
Net gain (loss) included in AOCI, after-tax, expected to be recognized in net earnings within the next 12 months $ (2)
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 $ 4,552
Net gain (loss) included in AOCI, after-tax (3)
Net gain (loss) included in AOCI, after-tax, expected to be recognized in net earnings within the next 12 months $ 9
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 $ 600
Net gain (loss) included in AOCI, after-tax 11
Net gain (loss) included in AOCI, after-tax, expected to be recognized in net earnings within the next 12 months $ 11
Interest Rate | Cash Flow Hedging  
Financial Instruments and Risk Management  
Longest duration of forecasted cash flow hedge transactions in years 3 years
Equity contracts  
Financial Instruments and Risk Management  
Combined notional value (in shares) | shares 1.5
Change in company's stock price (in dollars per share) | $ / shares $ 1