XML 54 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restructuring and Other Charges (Tables)
 12 Months Ended
Dec. 31, 2018
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Other Charges
Restructuring and other charges for each year in the three-year period ended December 31, 2018 were comprised of the following:
 
2018
 
2017
 
2016
Asset impairments
$
13

 
$
58

 
$
80

Layoff costs
20

 
64

 
68

Pension and Other postretirement benefits - net settlement and curtailment charges
91

 
—

 
2

Net (gain) loss on divestitures of assets and businesses (T)
(109
)
 
57

 
3

Other
13

 
(3
)
 
27

Reversals of previously recorded layoff costs
(19
)
 
(11
)
 
(25
)
Restructuring and other charges
$
9

 
$
165

 
$
155
Schedule of Restructuring and Other Charges by Reportable Segments, Pretax
Activity and reserve balances for restructuring charges were as follows: 
 
Layoff
costs
 
Other
exit costs
 
Total
Reserve balances at December 31, 2015
$
84

 
$
9

 
$
93

2016
 
 
 
 
 
Cash payments
(73
)
 
(13
)
 
(86
)
Restructuring charges
70

 
27

 
97

Other(1)
(31
)
 
(14
)
 
(45
)
Reserve balances at December 31, 2016
$
50

 
$
9

 
$
59

2017
 
 
 
 
 
Cash payments
$
(59
)
 
$
(6
)
 
$
(65
)
Restructuring charges
64

 
1

 
65

Other(2)
1

 
(2
)
 
(1
)
Reserve balances at December 31, 2017
$
56

 
$
2

 
$
58

2018
 
 
 
 
 
Cash payments
$
(47
)
 
$
(2
)
 
$
(49
)
Restructuring charges
111

 
13

 
124

Other(3)
(110
)
 
2

 
(108
)
Reserve balances at December 31, 2018
$
10

 
$
15

 
$
25

(1) 
In 2016, Other for layoff costs included reversals of previously recorded restructuring charges of $25, effects of foreign currency translation and other of $4, and a reclassification of $2 in pension costs, as the impact was reflected in Arconic’s separate liability for Accrued pension benefits. Other for other exit costs included reclassifications of $8 in asset retirement and $2 in environmental obligations, as the impacts were reflected in Arconic’s separate liabilities for asset retirement obligations and environmental remediation, and a reclassification of $4 in legal obligations, as the impact was included in Arconic’s separate liability for legal costs.
(2) 
In 2017, Other for layoff costs included a reclassification of a stock awards reversal of $13, offset by reversals of previously recorded restructuring charges of $11 and foreign currency translation of $1.
(3) 
In 2018, Other for layoff costs included reclassifications of $119 in pension costs and a $28 credit in postretirement benefits, as the impacts were reflected in Arconic's separate liabilities for Accrued pension benefits and Accrued postretirement benefits, and reversals of previously recorded restructuring charges of $19