10-K Filing

HOWMET AEROSPACE INC. CIK: 4281 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0000004281-21-000049`
Period End Date	20201231
Filing Date	20210216
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	arnc-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 95 Cash Flow Statement 119 Stockholders Equity 31 Comprehensive Income 21

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Receivables from customers, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.00M	USD	Point-in-time
Receivables from customers, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.58B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.61B	USD	Point-in-time
Receivables from customers, less allowances of $1 in 2020 and $1 in 2019 (M)	`AccountsReceivableNetCurrent`	$583.00M	USD	Point-in-time
Receivables from customers, less allowances of $1 in 2020 and $1 in 2019 (M)	`AccountsReceivableNetCurrent`	$328.00M	USD	Point-in-time
Other receivables (M)	`OtherReceivablesNetCurrent`	$29.00M	USD	Point-in-time
Other receivables (M)	`OtherReceivablesNetCurrent`	$349.00M	USD	Point-in-time
Inventories (N)	`InventoryNet`	$1.49B	USD	Point-in-time
Inventories (N)	`InventoryNet`	$1.61B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$217.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$285.00M	USD	Point-in-time
Current assets of discontinued operations (C)	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Current assets of discontinued operations (C)	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.44B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.84B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.67B	USD	Point-in-time
Properties, plants, and equipment, net (O)	`PropertyPlantAndEquipmentNet`	$2.63B	USD	Point-in-time
Properties, plants, and equipment, net (O)	`PropertyPlantAndEquipmentNet`	$2.59B	USD	Point-in-time
Goodwill (A and P)	`Goodwill`	$4.10B	USD	Point-in-time
Goodwill (A and P)	`Goodwill`	$4.07B	USD	Point-in-time
Goodwill (A and P)	`Goodwill`	$4.19B	USD	Point-in-time
Deferred income taxes (I)	`DeferredIncomeTaxAssetsNet`	$209.00M	USD	Point-in-time
Deferred income taxes (I)	`DeferredIncomeTaxAssetsNet`	$272.00M	USD	Point-in-time
Intangibles, net (P)	`IntangibleAssetsNetExcludingGoodwill`	$599.00M	USD	Point-in-time
Intangibles, net (P)	`IntangibleAssetsNetExcludingGoodwill`	$571.00M	USD	Point-in-time
Other noncurrent assets (A and Q)	`OtherAssetsNoncurrent`	$234.00M	USD	Point-in-time
Other noncurrent assets (A and Q)	`OtherAssetsNoncurrent`	$316.00M	USD	Point-in-time
Noncurrent assets of discontinued operations (C)	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$3.90B	USD	Point-in-time
Noncurrent assets of discontinued operations (C)	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$11.44B	USD	Point-in-time
Total assets	`Assets`	$17.56B	USD	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	$976.00M	USD	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	$599.00M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$285.00M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$205.00M	USD	Point-in-time
Taxes, including income taxes	`TaxesPayableCurrent`	$65.00M	USD	Point-in-time
Taxes, including income taxes	`TaxesPayableCurrent`	$102.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$112.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$89.00M	USD	Point-in-time
Other current liabilities (A and Q)	`OtherLiabilitiesCurrent`	$229.00M	USD	Point-in-time
Other current liabilities (A and Q)	`OtherLiabilitiesCurrent`	$289.00M	USD	Point-in-time
Short-term debt (R and S)	`ShortTermBorrowings`	$1.03B	USD	Point-in-time
Short-term debt (R and S)	`ShortTermBorrowings`	$376.00M	USD	Point-in-time
Current liabilities of discontinued operations (C)	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.42B	USD	Point-in-time
Current liabilities of discontinued operations (C)	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.12B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.66B	USD	Point-in-time
Long-term debt, less amount due within one year (R and S)	`LongTermDebtAndCapitalLeaseObligations`	$4.91B	USD	Point-in-time
Long-term debt, less amount due within one year (R and S)	`LongTermDebtAndCapitalLeaseObligations`	$4.70B	USD	Point-in-time
Accrued pension benefits (H)	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$985.00M	USD	Point-in-time
Accrued pension benefits (H)	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$1.03B	USD	Point-in-time
Accrued other postretirement benefits (H)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$200.00M	USD	Point-in-time
Accrued other postretirement benefits (H)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$198.00M	USD	Point-in-time
Other noncurrent liabilities and deferred credits (A and Q)	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$438.00M	USD	Point-in-time
Other noncurrent liabilities and deferred credits (A and Q)	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$324.00M	USD	Point-in-time
Noncurrent liabilities of discontinued operations (C)	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	-	USD	Point-in-time
Noncurrent liabilities of discontinued operations (C)	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$2.26B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$12.96B	USD	Point-in-time
Contingencies and commitments (V)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies and commitments (V)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock (J)	`PreferredStockValue`	$55.00M	USD	Point-in-time
Preferred stock (J)	`PreferredStockValue`	$55.00M	USD	Point-in-time
Common stock (J)	`CommonStockValue`	$433.00M	USD	Point-in-time
Common stock (J)	`CommonStockValue`	$433.00M	USD	Point-in-time
Additional capital (J)	`AdditionalPaidInCapital`	$4.67B	USD	Point-in-time
Additional capital (J)	`AdditionalPaidInCapital`	$7.32B	USD	Point-in-time
Retained earnings (A)	`RetainedEarningsAccumulatedDeficit`	$364.00M	USD	Point-in-time
Retained earnings (A)	`RetainedEarningsAccumulatedDeficit`	$113.00M	USD	Point-in-time
Accumulated other comprehensive loss (A and L)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.33B	USD	Point-in-time
Accumulated other comprehensive loss (A and L)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.94B	USD	Point-in-time
Total Howmet Aerospace shareholders equity	`StockholdersEquity`	$3.58B	USD	Point-in-time
Total Howmet Aerospace shareholders equity	`StockholdersEquity`	$4.59B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$14.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.57B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.91B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.44B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$17.56B	USD	Point-in-time

Income Statement 95 line items

Line Item	Tag	Value	Unit	Period
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.26B	USD	Annual
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.63B	USD	1 Quarter
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.78B	USD	Annual
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.82B	USD	1 Quarter
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	1 Quarter
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.73B	USD	1 Quarter
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	1 Quarter
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.75B	USD	1 Quarter
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.10B	USD	Annual
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.13B	USD	1 Quarter
Sales (D)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.79B	USD	1 Quarter
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$5.11B	USD	Annual
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$5.21B	USD	Annual
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$3.88B	USD	Annual
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$277.00M	USD	Annual
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$371.00M	USD	Annual
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$400.00M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$17.00M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$28.00M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$41.00M	USD	Annual
Provision for depreciation and amortization	`DepreciationAndAmortization`	$314.00M	USD	Annual
Provision for depreciation and amortization	`DepreciationAndAmortization`	$295.00M	USD	Annual
Provision for depreciation and amortization	`DepreciationAndAmortization`	$279.00M	USD	Annual
Restructuring and other charges (E)	`RestructuringCharges`	$582.00M	USD	Annual
Restructuring and other charges (E)	`RestructuringCharges`	$163.00M	USD	Annual
Restructuring and other charges (E)	`RestructuringCharges`	$182.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$775.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$626.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$579.00M	USD	Annual
Interest expense (F)	`InterestExpense`	$377.00M	USD	Annual
Interest expense (F)	`InterestExpense`	$338.00M	USD	Annual
Interest expense (F)	`InterestExpense`	$381.00M	USD	Annual
Other expense (income), net (G)	`NonoperatingIncomeExpense`	$30.00M	USD	Annual
Other expense (income), net (G)	`NonoperatingIncomeExpense`	$-74.00M	USD	Annual
Other expense (income), net (G)	`NonoperatingIncomeExpense`	$-31.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$171.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$210.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$428.00M	USD	Annual
(Benefit) provision for income taxes (I)	`IncomeTaxExpenseBenefit`	$-40.00M	USD	Annual
(Benefit) provision for income taxes (I)	`IncomeTaxExpenseBenefit`	$119.00M	USD	Annual
(Benefit) provision for income taxes (I)	`IncomeTaxExpenseBenefit`	$84.00M	USD	Annual
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$309.00M	USD	Annual
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$58.00M	USD	1 Quarter
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$-136.00M	USD	1 Quarter
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$86.00M	USD	1 Quarter
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$211.00M	USD	Annual
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$-84.00M	USD	1 Quarter
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$126.00M	USD	Annual
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$118.00M	USD	1 Quarter
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$106.00M	USD	1 Quarter
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$36.00M	USD	1 Quarter
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total	`IncomeLossFromContinuingOperations`	$153.00M	USD	1 Quarter
Income from discontinued operations after income taxes (C)	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$333.00M	USD	Annual
Income from discontinued operations after income taxes (C)	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$50.00M	USD	Annual
Income from discontinued operations after income taxes (C)	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$344.00M	USD	Annual
Net income	`NetIncomeLoss`	$470.00M	USD	Annual
Net income	`NetIncomeLoss`	$642.00M	USD	Annual
Net income	`NetIncomeLoss`	$261.00M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$651.00M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$477.00M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$259.00M	USD	Annual
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.35	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.27	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.13	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.08	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.64	USD	Annual
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.18	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.28	USD	Annual
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.48	USD	Annual
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.24	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.19	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.31	USD	1 Quarter
Discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.77	USD	Annual
Discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.11	USD	Annual
Discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.69	USD	Annual
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.08	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.27	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.13	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.27	USD	Annual
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.34	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.48	USD	Annual
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.18	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.24	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.63	USD	Annual
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.19	USD	1 Quarter
Continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.31	USD	1 Quarter
Discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.11	USD	Annual
Discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.76	USD	Annual
Discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.67	USD	Annual
Average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	446.00M	shares	Annual
Average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	435.00M	shares	Annual
Average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	483.00M	shares	Annual
Average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	503.00M	shares	Annual
Average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	463.00M	shares	Annual
Average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	439.00M	shares	Annual

Cash Flow Statement 119 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$470.00M	USD	Annual
Net income	`ProfitLoss`	$261.00M	USD	Annual
Net income	`ProfitLoss`	$642.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$576.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$338.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$536.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$31.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-19.00M	USD	Annual
Restructuring and other charges	`RestructuringAndOtherCharges`	$164.00M	USD	Annual
Restructuring and other charges	`RestructuringAndOtherCharges`	$620.00M	USD	Annual
Restructuring and other charges	`RestructuringAndOtherCharges`	$9.00M	USD	Annual
Net loss from investing activities - asset sales	`GainLossOnSaleOfInvestments`	$-7.00M	USD	Annual
Net loss from investing activities - asset sales	`GainLossOnSaleOfInvestments`	$-8.00M	USD	Annual
Net loss from investing activities - asset sales	`GainLossOnSaleOfInvestments`	$-10.00M	USD	Annual
Net periodic pension benefit cost (H)	`DefinedBenefitPensionPlansNetPeriodicBenefitCost`	$51.00M	USD	Annual
Net periodic pension benefit cost (H)	`DefinedBenefitPensionPlansNetPeriodicBenefitCost`	$115.00M	USD	Annual
Net periodic pension benefit cost (H)	`DefinedBenefitPensionPlansNetPeriodicBenefitCost`	$130.00M	USD	Annual
Stock-based compensation	`IncreaseDecreaseInSharebasedCompensation`	$50.00M	USD	Annual
Stock-based compensation	`IncreaseDecreaseInSharebasedCompensation`	$60.00M	USD	Annual
Stock-based compensation	`IncreaseDecreaseInSharebasedCompensation`	$45.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-59.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-13.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-75.00M	USD	Annual
(Increase) in receivables	`IncreaseDecreaseInReceivables`	$1.14B	USD	Annual
(Increase) in receivables	`IncreaseDecreaseInReceivables`	$977.00M	USD	Annual
(Increase) in receivables	`IncreaseDecreaseInReceivables`	$238.00M	USD	Annual
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$-74.00M	USD	Annual
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$74.00M	USD	Annual
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$3.00M	USD	Annual
(Increase) decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.00M	USD	Annual
(Increase) decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.00M	USD	Annual
(Increase) decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.00M	USD	Annual
(Decrease) increase in accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$339.00M	USD	Annual
(Decrease) increase in accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$-1.00M	USD	Annual
(Decrease) increase in accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$-381.00M	USD	Annual
(Decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-217.00M	USD	Annual
(Decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-42.00M	USD	Annual
(Decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-190.00M	USD	Annual
Decrease (increase) in taxes, including income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$98.00M	USD	Annual
Decrease (increase) in taxes, including income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$104.00M	USD	Annual
Decrease (increase) in taxes, including income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-2.00M	USD	Annual
Pension contributions	`IncreaseDecreaseInPensionPlanObligations`	$-298.00M	USD	Annual
Pension contributions	`IncreaseDecreaseInPensionPlanObligations`	$-268.00M	USD	Annual
Pension contributions	`IncreaseDecreaseInPensionPlanObligations`	$-257.00M	USD	Annual
Decrease (increase) in noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$7.00M	USD	Annual
Decrease (increase) in noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$20.00M	USD	Annual
Decrease (increase) in noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-39.00M	USD	Annual
(Decrease) in noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-35.00M	USD	Annual
(Decrease) in noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-24.00M	USD	Annual
(Decrease) in noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-45.00M	USD	Annual
Cash provided from operations	`NetCashProvidedByUsedInOperatingActivities`	$9.00M	USD	Annual
Cash provided from operations	`NetCashProvidedByUsedInOperatingActivities`	$461.00M	USD	Annual
Cash provided from operations	`NetCashProvidedByUsedInOperatingActivities`	$217.00M	USD	Annual
Net change in short-term borrowings (original maturities of three months or less)	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-7.00M	USD	Annual
Net change in short-term borrowings (original maturities of three months or less)	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$2.00M	USD	Annual
Net change in short-term borrowings (original maturities of three months or less)	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-15.00M	USD	Annual
Additions to debt (original maturities greater than three months) (R)	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	USD	Annual
Additions to debt (original maturities greater than three months) (R)	`ProceedsFromIssuanceOfLongTermDebt`	$2.40B	USD	Annual
Additions to debt (original maturities greater than three months) (R)	`ProceedsFromIssuanceOfLongTermDebt`	$600.00M	USD	Annual
Payments on debt (original maturities greater than three months) (R)	`RepaymentsOfLongTermDebt`	$2.04B	USD	Annual
Payments on debt (original maturities greater than three months) (R)	`RepaymentsOfLongTermDebt`	$1.10B	USD	Annual
Payments on debt (original maturities greater than three months) (R)	`RepaymentsOfLongTermDebt`	$806.00M	USD	Annual
Debt issuance costs (C and R)	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Debt issuance costs (C and R)	`PaymentsOfDebtIssuanceCosts`	$61.00M	USD	Annual
Debt issuance costs (C and R)	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Premiums paid on early redemption of debt (R)	`PaymentsOfDebtExtinguishmentCosts`	$17.00M	USD	Annual
Premiums paid on early redemption of debt (R)	`PaymentsOfDebtExtinguishmentCosts`	-	USD	Annual
Premiums paid on early redemption of debt (R)	`PaymentsOfDebtExtinguishmentCosts`	$59.00M	USD	Annual
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$33.00M	USD	Annual
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$56.00M	USD	Annual
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$16.00M	USD	Annual
Dividends paid to shareholders	`PaymentsOfOrdinaryDividends`	$57.00M	USD	Annual
Dividends paid to shareholders	`PaymentsOfOrdinaryDividends`	$11.00M	USD	Annual
Dividends paid to shareholders	`PaymentsOfOrdinaryDividends`	$119.00M	USD	Annual
Repurchase of common stock (J)	`PaymentsForRepurchaseOfCommonStock`	$1.15B	USD	Annual
Repurchase of common stock (J)	`PaymentsForRepurchaseOfCommonStock`	$73.00M	USD	Annual
Repurchase of common stock (J)	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Net cash transferred to Arconic Corporation at separation	`NetCashTransferredInSeparationTransaction`	$500.00M	USD	Annual
Net cash transferred to Arconic Corporation at separation	`NetCashTransferredInSeparationTransaction`	-	USD	Annual
Net cash transferred to Arconic Corporation at separation	`NetCashTransferredInSeparationTransaction`	-	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.00M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-40.00M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.00M	USD	Annual
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-369.00M	USD	Annual
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.57B	USD	Annual
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-649.00M	USD	Annual
Capital expenditures (A and D)	`PaymentsToAcquirePropertyPlantAndEquipment`	$267.00M	USD	Annual
Capital expenditures (A and D)	`PaymentsToAcquirePropertyPlantAndEquipment`	$641.00M	USD	Annual
Capital expenditures (A and D)	`PaymentsToAcquirePropertyPlantAndEquipment`	$768.00M	USD	Annual
Proceeds from the sale of assets and businesses (U)	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$114.00M	USD	Annual
Proceeds from the sale of assets and businesses (U)	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$309.00M	USD	Annual
Proceeds from the sale of assets and businesses (U)	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$103.00M	USD	Annual
Sales of investments	`ProceedsFromSaleOfOtherInvestments`	$9.00M	USD	Annual
Sales of investments	`ProceedsFromSaleOfOtherInvestments`	-	USD	Annual
Sales of investments	`ProceedsFromSaleOfOtherInvestments`	$73.00M	USD	Annual
Cash receipts from sold receivables (M)	`ProceedsFromSaleOfFinanceReceivables`	$422.00M	USD	Annual
Cash receipts from sold receivables (M)	`ProceedsFromSaleOfFinanceReceivables`	$1.02B	USD	Annual
Cash receipts from sold receivables (M)	`ProceedsFromSaleOfFinanceReceivables`	$995.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	Annual
Cash provided from Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$528.00M	USD	Annual
Cash provided from Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$565.00M	USD	Annual
Cash provided from Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$271.00M	USD	Annual
Effect of exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.00M	USD	Annual
Effect of exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Annual
Effect of exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.00M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-92.00M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-579.00M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$129.00M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.70B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.28B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.70B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.28B	USD	Point-in-time

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Common stock, dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	Annual
Common stock, dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	Annual
Common stock, dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.57B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.91B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time
Net income	`ProfitLoss`	$470.00M	USD	Annual
Net income	`ProfitLoss`	$261.00M	USD	Annual
Net income	`ProfitLoss`	$642.00M	USD	Annual
Other comprehensive income (loss) (L)	`OtherComprehensiveIncomeLossNetOfTax`	$-401.00M	USD	Annual
Other comprehensive income (loss) (L)	`OtherComprehensiveIncomeLossNetOfTax`	$85.00M	USD	Annual
Other comprehensive income (loss) (L)	`OtherComprehensiveIncomeLossNetOfTax`	$16.00M	USD	Annual
Cash dividends declared, common	`DividendsCommonStockCash`	$117.00M	USD	Annual
Cash dividends declared, common	`DividendsCommonStockCash`	$8.00M	USD	Annual
Cash dividends declared, common	`DividendsCommonStockCash`	$56.00M	USD	Annual
Stock-based compensation (J)	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$57.00M	USD	Annual
Stock-based compensation (J)	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$50.00M	USD	Annual
Stock-based compensation (J)	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.00M	USD	Annual
Common stock issued: compensation plans (J)	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	Annual
Common stock issued: compensation plans (J)	`StockIssuedDuringPeriodValueShareBasedCompensation`	$41.00M	USD	Annual
Common stock issued: compensation plans (J)	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-6.00M	USD	Annual
Repurchase and retirement of common stock (J)	`StockRepurchasedDuringPeriodValue`	$73.00M	USD	Annual
Repurchase and retirement of common stock (J)	`StockRepurchasedDuringPeriodValue`	$1.15B	USD	Annual
Distribution to Arconic Corporation (C)	`SeparationAgreementStockDistribution`	$1.26B	USD	Annual
Other	`StockholdersEquityOther`	$-4.00M	USD	Annual
Other	`StockholdersEquityOther`	$2.00M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.57B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.91B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$470.00M	USD	Annual
Net income	`ProfitLoss`	$261.00M	USD	Annual
Net income	`ProfitLoss`	$642.00M	USD	Annual
Change in unrecognized net actuarial loss and prior service cost/benefit related to pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$46.00M	USD	Annual
Change in unrecognized net actuarial loss and prior service cost/benefit related to pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-255.00M	USD	Annual
Change in unrecognized net actuarial loss and prior service cost/benefit related to pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$388.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$58.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-146.00M	USD	Annual
Net change in unrealized gains on debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	Annual
Net change in unrealized gains on debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.00M	USD	Annual
Net change in unrealized gains on debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.00M	USD	Annual
Net change in unrecognized gains/losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-23.00M	USD	Annual
Net change in unrecognized gains/losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.00M	USD	Annual
Net change in unrecognized gains/losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.00M	USD	Annual
Total Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-401.00M	USD	Annual
Total Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$85.00M	USD	Annual
Total Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$16.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$727.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$277.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$69.00M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.