XML 70 R58.htm IDEA: XBRL DOCUMENT v3.20.2
Derivatives and Other Financial Instruments - Schedule of Quantitative Information for Level 3 Derivative Contracts (Detail) - Level 3 [Member] - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]    
Derivative Assets, Fair value $ 9 $ 74
Derivative Liabilities, Fair value 206 $ 615
Energy Contracts [Member]    
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]    
Derivative Assets, Fair value 2  
Derivative Liabilities, Fair value 199  
Financial Contracts [Member] | Energy Contracts [Member] | Interrelationship Of Forward Energy Price And Consumer Price Index [Member]    
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]    
Derivative Assets, Fair value 2  
Power Related Derivative [Member] | Energy Contracts [Member] | MWh of Energy Needed to Produce Forecasted Mt of Aluminum at Rate of 4 Million MWh Per Year [Member]    
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]    
Derivative Liabilities, Fair value 147  
Power Related Derivative [Member] | Energy Contracts [Member] | MWh of Energy Needed to Produce Forecasted Mt of Aluminum at Rate of 11 Million MWh Per Year [Member]    
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]    
Derivative Liabilities, Fair value 27  
Power Related Derivative [Member] | Energy Contracts [Member] | MWh Hours of Energy Needed to Produce the Forecasted Mt of Aluminum at Rate of 2 Million Mwh Hours Per Year [Member]    
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]    
Derivative Liabilities, Fair value 1  
Power Related Derivative [Member] | Energy Contracts [Member] | Estimated Spread Between The Respective 30-Year Debt Yield Of Alcoa Corporation And The Counterparty [Member]    
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]    
Derivative Liabilities, Fair value $ 24