Consolidated Balance Sheet (unaudited) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and Cash Equivalents, at Carrying Value	$ 1,365	$ 1,577
Receivables from customers, less allowances of $1 in 2020 and $1 in 2019 (K)	310	583
Other receivables (K)	120	349
Inventories (L)	1,592	1,607
Prepaid expenses and other current assets	213	285
Current assets of discontinued operations (B)	0	1,442
Total current assets	3,600	5,843
Properties, plants, and equipment, net (M)	2,552	2,629
Goodwill (D)	4,072	4,067
Deferred income taxes (A)	262	209
Intangibles, net	584	599
Other noncurrent assets (N)	269	316
Noncurrent assets of discontinued operations (B)	0	3,899
Total assets	11,339	17,562
Current liabilities:
Accounts payable, trade	521	976
Accrued compensation and retirement costs	215	285
Taxes, including income taxes	82	65
Accrued interest payable	99	112
Other current liabilities (N)	276	229
Short-term debt (O)	384	1,034
Current liabilities of discontinued operations (B)	0	1,424
Total current liabilities	1,577	4,125
Long-term debt, less amount due within one year (O and P)	4,697	4,906
Accrued pension benefits (G)	1,002	1,030
Accrued other postretirement benefits (G)	191	200
Other noncurrent liabilities and deferred credits (N)	371	438
Noncurrent liabilities of discontinued operations (B)	0	2,258
Total liabilities	7,838	12,957
Contingencies and commitments (R)
Howmet Aerospace shareholders’ equity:
Preferred stock	55	55
Common stock	434	433
Additional capital	4,683	7,319
Retained earnings (A)	258	113
Accumulated other comprehensive loss (J)	(1,929)	(3,329)
Total Howmet Aerospace shareholders’ equity	3,501	4,591
Noncontrolling interests	0	14
Total equity	3,501	4,605
Total liabilities and equity	$ 11,339	$ 17,562