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Statement of Consolidated Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Sales (C & D) $ 3,445 $ 3,192
Cost of goods sold (exclusive of expenses below) 2,768 2,458
Selling, general administrative, and other expenses 172 217
Research and development expenses 23 28
Provision for depreciation and amortization 142 133
Restructuring and other charges (E) 7 73
Operating income 333 283
Interest expense (N) 114 115
Other expense (income), net (F) 20 (316)
Income before income taxes 199 484
Provision for income taxes (H) 56 162
Net income 143 322
Amounts Attributable to Arconic Common Shareholders (I):    
Net income $ 142 $ 305
Earnings per share - basic    
Earnings per share - basic (in usd per share) $ 0.30 $ 0.69
Earnings per share - diluted    
Earnings per share - diluted (in usd per share) 0.29 0.65
Dividends paid per share (in usd per share) $ 0.06 $ 0.06
Weighted Average Shares Outstanding (J):    
Average shares outstanding - basic (in shares) 482 440
Average shares outstanding - diluted (in shares) 503 499