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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2018
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
  
2018
2017
2016
 
2018
2017
2016
Pension and other postretirement benefits (G)
 
 
 
 
 
 
 
Balance at beginning of period
$
(2,230
)
$
(2,010
)
$
(3,611
)
 
$

$

$
(56
)
Adoption of accounting standard (A)
(369
)


 



Other comprehensive income (loss):
 
 
 
 
 
 
 
Unrecognized net actuarial loss and prior service cost/benefit
70

(466
)
(1,112
)
 


(9
)
Tax (expense) benefit
(19
)
102

380

 


3

Total Other comprehensive income (loss) before reclassifications, net of tax
51

(364
)
(732
)



(6
)
Amortization of net actuarial loss and prior service cost(1)
262

222

389

 


4

Tax expense(2)
(58
)
(78
)
(136
)
 


(1
)
Total amount reclassified from Accumulated other comprehensive loss, net of tax(8)
204

144

253




3

Total Other comprehensive income (loss)
255

(220
)
(479
)



(3
)
Transfer to Alcoa Corporation


2,080

 


59

Balance at end of period
$
(2,344
)
$
(2,230
)
$
(2,010
)

$

$

$

Foreign currency translation
 
 
 
 
 
 
 
Balance at beginning of period
$
(437
)
$
(689
)
$
(2,412
)
 
$

$
(2
)
$
(780
)
Other comprehensive (loss) income(3)
(146
)
252

268

 

2

182

Transfer to Alcoa Corporation


1,455

 


596

Balance at end of period
$
(583
)
$
(437
)
$
(689
)
 
$

$

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

$
(5
)
 
$

$

$

Other comprehensive (loss) income(4)
(1
)
(134
)
137

 



Balance at end of period
$
(3
)
$
(2
)
$
132

 
$

$

$

Cash flow hedges
 
 
 
 
 
 
 
Balance at beginning of period
$
25

$
(1
)
$
597

 

$

$
(3
)
Adoption of accounting standard (A)
2



 



Other comprehensive (loss) income:
 
 
 
 
 
 
 
Net change from periodic revaluations
(15
)
37

(843
)
 


36

Tax benefit (expense)
3

(9
)
252

 


(10
)
Total Other comprehensive (loss) income before reclassifications, net of tax
(12
)
28

(591
)
 


26

Net amount reclassified to earnings
 
 
 
 
 
 
 
Aluminum contracts(5)
(8
)
(2
)
1

 



Energy contracts(6)


(49
)
 


(34
)
Interest rate contracts(7)
(2
)

9

 


5

Nickel contracts(6)
(4
)
(1
)
1

 



Sub-total
(14
)
(3
)
(38
)
 


(29
)
Tax benefit(2)
3

1

12

 


8

Total amount reclassified from Accumulated other comprehensive loss, net of tax(8)
(11
)
(2
)
(26
)
 


(21
)
Total Other comprehensive (loss) income
(23
)
26

(617
)
 


5

Transfer to Alcoa Corporation


19

 


(2
)
Balance at end of period
$
4

$
25

$
(1
)
 
$

$

$

 
 
 
 
 
 
 
 
Total balance at end of period
$
(2,926
)
$
(2,644
)
$
(2,568
)

$

$

$
(2
)
(1) 
These amounts were included in the computation of net periodic benefit cost for pension and other postretirement benefits (see Note G).
(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 expense (income), net, 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