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Statement of Consolidated Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Sales $ 4,972 $ 5,259 $ 7,098
Cost of goods sold (exclusive of expenses below) 3,596 3,878 5,214
Selling, general administrative, and other expenses 251 277 400
Research and development expenses 17 17 28
Provision for depreciation and amortization 270 279 295
Restructuring and other charges 90 182 582
Operating income 748 626 579
Loss on debt redemption 146 64 0
Amount charged to interest expense, net 259 317 338
Other expense, net 19 74 31
Income before income taxes 324 171 210
Provision (benefit) for income taxes 66 (40) 84
Net income from continuing operations attributable to common shareholders 258 211 126
Income from discontinued operations after income taxes 0 50 344
Net income 258 261 470
Amounts Attributable to Howmet Aerospace Inc. Common Shareholders:      
Net income $ 256 $ 259 $ 477
Earnings per share - basic      
Continuing operations (in usd per share) $ 0.60 $ 0.48 $ 0.28
Discontinued operations (in usd per share) 0 0.11 0.77
Earnings per share - diluted      
Continuing operations (in usd per share) 0.59 0.48 0.27
Discontinued operations (in usd per share) $ 0 $ 0.11 $ 0.76
Average Shares Outstanding:      
Average shares outstanding - basic (in shares) 430 435 446
Average shares outstanding - diluted (in shares) 435 439 463