XML 53 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill which is Included in Other Noncurrent Assets

Goodwill, which is included in Other noncurrent assets on the accompanying Consolidated Balance Sheet, was as follows:

 

December 31,

 

2020

 

 

2019

 

Bauxite

 

$

2

 

 

$

2

 

Alumina

 

 

2

 

 

 

3

 

Aluminum

 

 

 

 

 

 

Corporate(1)

 

 

141

 

 

 

145

 

 

 

$

145

 

 

$

150

 

 

(1)

The carrying value of Corporate’s goodwill is net of accumulated impairment losses of $742 as of both December 31, 2020 and 2019. As of December 31, 2020, the $141 of goodwill reflected in Corporate is allocated to two of Alcoa Corporation’s three reportable segments ($47 to Bauxite and $94 to Alumina) for purposes of impairment testing (see Note B). This goodwill is reflected in Corporate for segment reporting purposes because it is not included in management’s assessment of performance by the two reportable segments.

Other Intangible Assets

Other intangible assets, which are included in Other noncurrent assets on the accompanying Consolidated Balance Sheet, were as follows:

 

 

 

2020

 

 

2019

 

December 31,

 

Gross

carrying

amount

 

 

Accumulated

amortization

 

 

Net

carrying

amount

 

 

Gross

carrying

amount

 

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Computer software

 

$

236

 

 

$

(218

)

 

$

18

 

 

$

240

 

 

$

(216

)

 

$

24

 

Patents and licenses

 

 

25

 

 

 

(8

)

 

 

17

 

 

 

25

 

 

 

(8

)

 

 

17

 

Other intangibles

 

 

20

 

 

 

(10

)

 

 

10

 

 

 

22

 

 

 

(11

)

 

 

11

 

Total other intangible assets

 

$

281

 

 

$

(236

)

 

$

45

 

 

$

287

 

 

$

(235

)

 

$

52