Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Operating Results of Arconic's Reportable Segments

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

	Engineered Products and Solutions		Global Rolled Products		Transportation and Construction Solutions		Total Segment
Second quarter ended June 30, 2019
Sales:
Third-party sales	$	1,565	$	1,577	$	548	$	3,690
Intersegment sales	—		55		—		55
Total sales	$	1,565	$	1,632	$	548	$	3,745
Profit and loss:
Segment operating profit	$	286	$	145	$	107	$	538
Restructuring and other charges	442		2		25		469
Provision for depreciation and amortization	62		54		13		129
Second quarter ended June 30, 2018
Sales:
Third-party sales	$	1,474	$	1,573	$	562	$	3,609
Intersegment sales	—		61		—		61
Total sales	$	1,474	$	1,634	$	562	$	3,670
Profit and loss:
Segment operating profit	$	224	$	111	$	97	$	432
Restructuring and other charges	8		2		—		10
Provision for depreciation and amortization	65		59		12		136

	Engineered Products and Solutions		Global Rolled Products		Transportation and Construction Solutions		Total Segment
Six months ended June 30, 2019
Sales:
Third-party sales	$	3,067	$	3,080	$	1,083	$	7,230
Intersegment sales	—		110		—		110
Total sales	$	3,067	$	3,190	$	1,083	$	7,340
Profit and loss:
Segment operating profit	$	539	$	252	$	194	$	985
Restructuring and other charges	456		8		34		498
Provision for depreciation and amortization	126		108		26		260
Six months ended June 30, 2018
Sales:
Third-party sales	$	2,900	$	3,054	$	1,099	$	7,053
Intersegment sales	—		118		—		118
Total sales	$	2,900	$	3,172	$	1,099	$	7,171
Profit and loss:
Segment operating profit	$	433	$	235	$	164	$	832
Restructuring and other charges	9		1		—		10
Provision for depreciation and amortization	130		115		25		270

Schedule Of Segment Reporting Information To Consolidate Net Income Loss Attributable To Parent

The following table reconciles Total segment operating profit to Consolidated (loss) income before income taxes:

	Second quarter ended						Six months ended
	June 30,						June 30,
	2019			2018			2019			2018
Total segment operating profit	$	538		$	432		$	985		$	832
Unallocated amounts:
Restructuring and other charges	(499		)	(15		)	(511		)	(22		)
Corporate expense	(120		)	(93		)	(181		)	(153		)
Consolidated operating (loss) income	$	(81	)	$	324		$	293		$	657
Interest expense	(85		)	(89		)	(170		)	(203		)
Other expense, net	(29		)	(41		)	(61		)	(61		)
Consolidated (loss) income before income taxes	$	(195	)	$	194		$	62		$	393

Reconciliation of Assets from Segment to Consolidated

The total assets of Arconic's reportable segment were as follows:

	June 30, 2019		December 31, 2018
Engineered Products and Solutions	$	9,681	$	9,797
Global Rolled Products	4,714		4,486
Transportation and Construction Solutions	1,216		1,089
Total segment assets	$	15,611	$	15,372

The following table reconciles Total segment assets to Consolidated assets:

	June 30, 2019		December 31, 2018
Total segment assets	$	15,611	$	15,372
Unallocated amounts:
Cash and cash equivalents	1,357		2,277
Deferred income taxes	568		573
Corporate fixed assets, net	302		305
Fair value of derivative contracts	5		37
Other	70		129
Consolidated assets	$	17,913	$	18,693

Disaggregation of Revenue by Major End Market Served

The following table disaggregates revenue by major end market served. Differences between segment totals and consolidated Arconic are in Corporate. For the second quarter and six months ended June 30, 2018, Corporate included $38 of costs related to settlements of certain customer claims primarily related to product introductions.

	Engineered Products and Solutions		Global Rolled Products		Transportation and Construction Solutions			Total Segment
Second quarter ended June 30, 2019
Aerospace	$	1,283	$	328	$	—		$	1,611
Transportation	85		632		258			975
Building and construction	—		54		291			345
Industrial and Other	197		563		(1		)	759
Total end-market revenue	$	1,565	$	1,577	$	548		$	3,690
Second quarter ended June 30, 2018
Aerospace	$	1,187	$	280	$	—		$	1,467
Transportation	93		638		253			984
Building and construction	—		60		297			357
Industrial and Other	194		595		12			801
Total end-market revenue	$	1,474	$	1,573	$	562		$	3,609
Six months ended June 30, 2019
Aerospace	$	2,533	$	630	$	—		$	3,163
Transportation	172		1,281		513			1,966
Building and construction	—		103		572			675
Industrial and Other	362		1,066		(2		)	1,426
Total end-market revenue	$	3,067	$	3,080	$	1,083		$	7,230
Six months ended June 30, 2018
Aerospace	$	2,328	$	528	$	—		$	2,856
Transportation	166		1,260		496			1,922
Building and construction	—		108		582			690
Industrial and Other	406		1,158		21			1,585
Total end-market revenue	$	2,900	$	3,054	$	1,099		$	7,053