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Earnings Per Share - Reconciliation of Information Used to Compute Basic and Diluted EPS (Details) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Earnings Per Share [Abstract]        
Net income $ 161 $ 119 $ 424 $ 653
Less: Preferred stock dividends declared (1) (18) (2) (53)
Net income available to Arconic common shareholders - basic 160 101 422 600
Add: Interest expense related to convertible notes 3 2 8 7
Add: Dividends related to mandatory convertible preferred stock 0 0 0 50
Net income available to Arconic common shareholders - diluted $ 163 $ 103 $ 430 $ 657
Average shares outstanding - basic (in shares) 483 442 483 441
Effect of dilutive securities:        
Stock options (in shares) 0 1 1 2
Stock and performance awards (in shares) 5 5 5 5
Mandatory convertible preferred stock (in shares) 0 0 0 39
Convertible notes (in shares) 14 14 14 14
Weighted average shares outstanding - diluted (in shares) 502 462 503 501