Segment and Geographic Area Information (Tables)

12 Months Ended

Dec. 31, 2018

The operating results and assets of Arconic’s reportable segments were as follows:



	Engineered Products and Solutions		Global Rolled Products			Transportation and Construction Solutions		Total
2018
Sales:
Third-party sales	$	6,316	$	5,604		$	2,126	$	14,046
Intersegment sales	—		160			—		160
Total sales	$	6,316	$	5,764		$	2,126	$	14,206
Profit and loss:
Segment operating profit	$	891	$	386		$	304	$	1,581
Restructuring and other charges	71		(156		)	1		(84		)
Provision for depreciation and amortization	282		212			50		544
2017
Sales:
Third-party sales	$	5,943	$	5,000		$	2,011	$	12,954
Intersegment sales	—		148			—		148
Total sales	$	5,943	$	5,148		$	2,011	$	13,102
Profit and loss:
Segment operating profit	$	964	$	424		$	290	$	1,678
Restructuring and other charges	30		72			52		154
Provision for depreciation and amortization	268		205			50		523
2016
Sales:
Third-party sales	$	5,728	$	4,865		$	1,802	$	12,395
Intersegment sales	—		118			—		118
Total sales	$	5,728	$	4,983		$	1,802	$	12,513
Profit and loss:
Segment operating profit	$	955	$	421		$	246	$	1,622
Restructuring and other charges	78		40			14		132
Provision for depreciation and amortization	255		201			48		504
2018
Assets:
Capital expenditures	$	349	$	255		$	111	$	715
Goodwill	4,179		245			76		4,500
Total assets	10,346		3,934			1,089		15,369
2017
Assets:
Capital expenditures	$	308	$	178		$	57	$	543
Goodwill	4,205		252			78		4,535
Total assets	10,325		3,955			1,041		15,321

The following tables reconcile certain segment information to consolidated totals:



For the year ended December 31,	2018			2017			2016
Sales:
Total segment sales	$	14,206		$	13,102		$	12,513
Elimination of intersegment sales	(160		)	(148		)	(118		)
Corporate	(32		)	6			(1		)
Consolidated sales	$	14,014		$	12,960		$	12,394



For the year ended December 31,	2018			2017			2016
Total segment operating profit	$	1,581		$	1,678		$	1,622
Unallocated amounts:
Impairment of goodwill	—			(719		)	—
Restructuring and other charges	(9		)	(165		)	(155		)
Corporate expense	(247		)	(314		)	(513		)
Consolidated operating income	$	1,325		$	480		$	954
Interest expense	(378		)	(496		)	(499		)
Other (expense) income, net	(79		)	486			(41		)
Consolidated income before income taxes	$	868		$	470		$	414



December 31,	2018		2017
Assets:
Total segment assets	$	15,369	$	15,321
Unallocated amounts:
Cash and cash equivalents	2,277		2,150
Deferred income taxes	573		743
Corporate fixed assets, net	305		310
Fair value of derivative contracts	37		91
Other	132		103
Consolidated assets	$	18,693	$	18,718



December 31,	2018		2017
Assets:
Total segment assets	$	15,369	$	15,321
Unallocated amounts:
Cash and cash equivalents	2,277		2,150
Deferred income taxes	573		743
Corporate fixed assets, net	305		310
Fair value of derivative contracts	37		91
Other	132		103
Consolidated assets	$	18,693	$	18,718

Sales by major product grouping were as follows:



For the year ended December 31,	2018		2017		2016
Sales:
Innovative flat-rolled products	$	5,588	$	4,992	$	4,864
Engines	2,940		2,708		2,560
Engineered structures	1,839		1,743		1,683
Fastening systems	1,531		1,484		1,463
Architectural aluminum systems	1,140		1,065		1,010
Aluminum wheels	969		805		689
Other	7		163		125
	$	14,014	$	12,960	$	12,394

Geographic information for sales was as follows (based upon the country where the point of sale occurred):

Geographic information for long-lived assets was as follows (based upon the physical location of the assets):