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Segment and Geographic Area Information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Operating Results and Assets of Arconic's Reportable Segments
The operating results and assets of the Company's reportable segments were as follows:
Year ended   Engine Products   Fastening Systems   Engineered Structures   Forged WheelsTotal
Segment
2020
Sales:
Third-party sales$2,406 $1,245 $927 $679 $5,257 
Inter-segment sales— — 12 
Total sales$2,411 $1,245 $934 $679 $5,269 
Profit and loss:
Segment operating profit$417 $247 $73 $153 $890 
Restructuring and other charges36 39 28 106 
Provision for depreciation and amortization123 48 52 39 262 
Other:
Capital expenditures$77 $39 $19 $23 $158 
Total Assets$4,756 $2,707 $1,444 $628 $9,535 
2019
Sales:
Third-party sales$3,320 $1,561 $1,255 $969 $7,105 
Inter-segment sales11 — 13 — 24 
Total sales$3,331 $1,561 $1,268 $969 $7,129 
Profit and loss:
Segment operating profit$621 $396 $120 $253 $1,390 
Restructuring and other charges297 199 506 
Provision for depreciation and amortization131 48 58 32 269 
Other:
Capital expenditures$211 $36 $27 $70 $344 
Total Assets$5,445 $2,810 $1,151 $629 $10,035 
2018
Sales:
Third-party sales$3,092 $1,531 $1,209 $966 $6,798 
Inter-segment sales16 — 19 — 35 
Total sales$3,108 $1,531 $1,228 $966 $6,833 
Profit and loss:
Segment operating profit$464 $357 $64 $220 $1,105 
Restructuring and other charges47 17 (5)— 59 
Provision for depreciation and amortization141 48 69 31 289 
Other:
Capital expenditures$217 $47 $53 $90 $407 
The following table reconciles Total segment capital expenditures, which are presented on an accrual basis, with Capital expenditures as presented on the statement of cash flows. Differences between segment and consolidated totals are in Corporate and discontinued operations, including the impact of changes in accrued capital expenditures during the period.
For the year ended December 31,202020192018
Total segment capital expenditures$158 $344 $407 
Corporate and discontinued operations109 297 361 
Capital expenditures$267 $641 $768 
Schedule of Reconciliation of Certain Segment Information to Consolidated Totals
The following tables reconcile certain segment information to consolidated totals:
For the year ended December 31,202020192018
Sales:
Total segment sales$5,269 $7,129 $6,833 
Elimination of inter-segment sales(12)(24)(35)
Corporate(7)(20)
Consolidated sales$5,259 $7,098 $6,778 
Schedule of Segment ATOI to Consolidated Net (Loss) Income Attributable to Arconic
For the year ended December 31,202020192018
Total segment operating profit$890 $1,390 $1,105 
Unallocated amounts:
Restructuring and other charges(182)(582)(163)
Corporate expense(82)(229)(167)
Consolidated operating income$626 $579 $775 
Interest expense(381)(338)(377)
Other (expense) income, net(74)(31)30 
Income from continuing operations before income taxes$171 $210 $428 
Schedule of Segment Reporting Information to Consolidated Assets
December 31,20202019
Assets:
Total segment assets$9,535 $10,035 
Unallocated amounts:
Cash and cash equivalents1,610 1,577 
Deferred income taxes272 209 
Corporate fixed assets, net140 135 
Fair value of derivative contracts
Discontinued operations— 5,341 
Accounts receivable securitization(241)(61)
Other122 320 
Consolidated assets$11,443 $17,562 
Schedule of Geographic Information for Sales
Geographic information for sales was as follows (based upon the destination of the sale):
For the year ended December 31,202020192018
Sales:
United States$2,782 $3,534 $3,265 
Japan388 480 462 
France327 546 523 
Germany309 385 385 
United Kingdom231 420 438 
Mexico185 277 252 
Italy181 195 196 
Canada119 179 155 
Poland76 131 112 
China75 168 165 
Other586 783 825 
 $5,259 $7,098 $6,778 
Schedule of Geographic Information for Long-Lived Assets
Geographic information for long-lived tangible assets was as follows (based upon the physical location of the assets):
December 31,20202019
Long-lived assets:
United States$1,967 $2,025 
Hungary213 202 
France150 141 
United Kingdom109 101 
Germany78 82 
Mexico62 57 
China59 61 
Canada44 43 
Japan25 25 
Other16 17 
 $2,723 $2,754 
Disaggregation of Revenue by Major End Market Served
The following table disaggregates segment revenue by major end market served. Differences between total segment and consolidated totals are in Corporate.
   Engine Products   Fastening Systems   Engineered Structures   Forged WheelsTotal
Segment
Year ended December 31, 2020
Aerospace - Commercial$1,247 $808 $542 $— $2,597 
Aerospace - Defense 557 156 303 — 1,016 
Commercial Transportation— 155 — 679 834 
Industrial and Other602 126 82 — 810 
Total end-market revenue$2,406 $1,245 $927 $679 $5,257 
Year ended December 31, 2019
Aerospace - Commercial$2,229 $1,060 $897 $— $4,186 
Aerospace - Defense 475 158 256 — 889 
Commercial Transportation20 227 — 970 1,217 
Industrial and Other596 116 102 (1)813 
Total end-market revenue$3,320 $1,561 $1,255 $969 $7,105 
Year ended December 31, 2018
Aerospace - Commercial$2,056 $1,069 $871 $— $3,996 
Aerospace - Defense 373 120 233 — 726 
Commercial Transportation48 229 — 969 1,246 
Industrial and Other615 113 105 (3)830 
Total end-market revenue$3,092 $1,531 $1,209 $966 $6,798