XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Restructuring and Other Charges, Net (Tables)
9 Months Ended
Sep. 30, 2021
Restructuring And Related Activities [Abstract]  
Schedule of Restructuring and Other Charges, Net by Reportable Segments, Pretax

Alcoa Corporation does not include Restructuring and other charges, net in the results of its reportable segments. The impact of allocating such charges to segment results would have been as follows:

 

 

 

Third quarter ended

September 30,

 

 

Nine months ended

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Bauxite

 

$

 

 

$

1

 

 

$

 

 

$

1

 

Alumina

 

 

 

 

 

3

 

 

 

 

 

 

5

 

Aluminum

 

 

23

 

 

 

1

 

 

 

41

 

 

 

40

 

Segment total

 

 

23

 

 

 

5

 

 

 

41

 

 

 

46

 

Corporate

 

 

10

 

 

 

 

 

 

32

 

 

 

(2

)

Total Restructuring and other charges, net

 

$

33

 

 

$

5

 

 

$

73

 

 

$

44

 

Activity and Reserve Balances for Restructuring Charges

Activity and reserve balances for restructuring charges were as follows:

 

 

 

Severance

and

employee

termination

costs

 

 

Other

costs

 

 

Total

 

Balance at December 31, 2019

 

$

35

 

 

$

102

 

 

$

137

 

Restructuring and other charges, net

 

 

16

 

 

 

36

 

 

 

52

 

Cash payments

 

 

(41

)

 

 

(79

)

 

 

(120

)

Reversals and other

 

 

(4

)

 

 

(2

)

 

 

(6

)

Balance at December 31, 2020

 

 

6

 

 

 

57

 

 

 

63

 

Restructuring and other charges, net

 

 

 

 

 

12

 

 

 

12

 

Cash payments

 

 

(4

)

 

 

(23

)

 

 

(27

)

Reversals and other

 

 

 

 

 

(6

)

 

 

(6

)

Balance at September 30, 2021

 

$

2

 

 

$

40

 

 

$

42