Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 1,648	$ 2,277
Receivables from customers, less allowances of $3 in 2019 and $4 in 2018 (K)	967	1,047
Other receivables (K)	484	451
Inventories (L)	2,429	2,492
Prepaid expenses and other current assets	314	314
Total current assets	5,842	6,581
Properties, plants, and equipment, net	5,463	5,704
Goodwill (A and N)	4,493	4,500
Deferred income taxes (G)	608	573
Intangibles, net (N)	658	919
Other noncurrent assets (A and O)	514	416
Total assets	17,578	18,693
Current liabilities:
Accounts payable, trade	2,043	2,129
Accrued compensation and retirement costs	432	370
Taxes, including income taxes	87	118
Accrued interest payable	112	113
Other current liabilities (A and O)	418	356
Short-term debt (P and Q)	1,034	434
Total current liabilities	4,126	3,520
Long-term debt, less amount due within one year (P and Q)	4,906	5,896
Accrued pension benefits (F)	2,460	2,230
Accrued other postretirement benefits (F)	714	723
Other noncurrent liabilities and deferred credits (A and O)	751	739
Total liabilities	12,957	13,108
Contingencies and commitments (T)
Arconic shareholders’ equity:
Preferred stock (H)	55	55
Common stock (H)	433	483
Additional capital (H)	7,319	8,319
Retained earnings (accumulated deficit) (A)	129	(358)
Accumulated other comprehensive loss (A and J)	(3,329)	(2,926)
Total Arconic shareholders’ equity	4,607	5,573
Noncontrolling interests	14	12
Total equity	4,621	5,585
Total liabilities and equity	$ 17,578	$ 18,693