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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Summary of Changes in Accumulated Other Comprehensive (Loss) by Component
The following table details the activity of the four components that comprise Accumulated other comprehensive loss for both Arconic’s shareholders and noncontrolling interests:
 
Arconic
 
Noncontrolling Interests    
  
2017
2016
2015
 
2017
2016
2015
Pension and other postretirement benefits (U)
 
 
 
 
 
 
 
Balance at beginning of period
$
(2,010
)
$
(3,611
)
$
(3,601
)
 
$

$
(56
)
$
(64
)
Other comprehensive (loss) income:
 
 
 
 
 
 
 
Unrecognized net actuarial loss and prior service cost/benefit
(466
)
(1,112
)
(478
)
 

(9
)
5

Tax benefit (expense)
102

380

170

 

3

(1
)
Total Other comprehensive (loss) income before reclassifications, net of tax
(364
)
(732
)
(308
)


(6
)
4

Amortization of net actuarial loss and prior service cost/benefit(1)
222

389

458

 

4

6

Tax expense(2)
(78
)
(136
)
(160
)
 

(1
)
(2
)
Total amount reclassified from Accumulated other comprehensive loss, net of tax(8)
144

253

298



3

4

Total Other comprehensive (loss) income
(220
)
(479
)
(10
)


(3
)
8

Transfer to Alcoa Corporation

2,080


 

59


Balance at end of period
$
(2,230
)
$
(2,010
)
$
(3,611
)

$

$

$
(56
)
Foreign currency translation
 
 
 
 
 
 
 
Balance at beginning of period
$
(689
)
$
(2,412
)
$
(846
)
 
$
(2
)
$
(780
)
$
(351
)
Other comprehensive income (loss)(3)
252

268

(1,566
)
 
2

182

(429
)
Transfer to Alcoa Corporation

1,455


 

596


Balance at end of period
$
(437
)
$
(689
)
$
(2,412
)
 
$

$
(2
)
$
(780
)
Available-for-sale securities
 
 
 
 
 
 
 
Balance at beginning of period
$
132

$
(5
)
$

 
$

$

$

Other comprehensive (loss) income (4)
(134
)
137

(5
)
 



Transfer to Alcoa Corporation



 



Balance at end of period
$
(2
)
$
132

$
(5
)
 
$

$

$

Cash flow hedges
 
 
 
 
 
 
 
Balance at beginning of period
$
(1
)
$
597

$
(230
)
 

$
(3
)
$
(2
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
Net change from periodic revaluations
37

(843
)
1,138

 

36

(1
)
Tax (expense) benefit
(9
)
252

(340
)
 

(10
)

Total Other comprehensive income (loss) before reclassifications, net of tax
28

(591
)
798

 

26

(1
)
Net amount reclassified to earnings:
 
 
 
 
 
 
 
Aluminum contracts(5)
(2
)
1

21

 



Energy contracts(6)

(49
)
6

 

(34
)

Foreign exchange contracts(5)


5

 



Interest rate contracts(7)

9

1

 

5


Nickel contracts(6)
(1
)
1

2

 



Sub-total
(3
)
(38
)
35

 

(29
)

Tax benefit (expense)(2)
1

12

(6
)
 

8


Total amount reclassified from Accumulated other comprehensive loss, net of tax(8)
(2
)
(26
)
29

 

(21
)

Total Other comprehensive income (loss)
26

(617
)
827

 

5

(1
)
Transfer to Alcoa Corporation

19


 

(2
)

Balance at end of period
$
25

$
(1
)
$
597

 
$

$

$
(3
)
(1) 
These amounts were included in the computation of net periodic benefit cost for pension and other postretirement benefits (see Note T).
(2) 
These amounts were included in Provision for income taxes on the accompanying Statement of Consolidated Operations.
(3) 
In all periods presented, there were no tax impacts related to rate changes and no amounts were reclassified to earnings.
(4) 
Realized gains and losses were included in Other income, net on the accompanying Statement of Consolidated Operations.
(5) 
These amounts were included in Sales on the accompanying Statement of Consolidated Operations.
(6) 
These amounts were included in Cost of goods sold on the accompanying Statement of Consolidated Operations.
(7) 
These amounts were included in Interest expense on the accompanying Statement of Consolidated Operations.
(8) 
A positive amount indicates a corresponding charge to earnings and a negative amount indicates a corresponding benefit to earnings. These amounts were reflected on the accompanying Statement of Consolidated Operations in the line items indicated in footnotes 1 through 7.