Statement of Consolidated Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating activities
Net income	$ 469	$ 258	$ 261
Adjustments to reconcile net income to cash provided from operations:
Depreciation and amortization	265	270	338
Deferred income taxes	79	38	2
Restructuring and other charges	56	90	164
Net realized and unrealized losses	18	9	8
Net periodic pension cost (H)	24	18	51
Stock-based compensation	54	41	45
Loss on debt redemption (R)	2	146	64
Other	12	20	(5)
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:
Increase in receivables	(161)	(337)	(238)
(Increase) decrease in inventories	(234)	60	74
(Increase) decrease in prepaid expenses and other current assets	(6)	11	(2)
Increase (decrease) in accounts payable, trade	246	144	(381)
Increase (decrease) in accrued expenses	23	(146)	(217)
(Decrease) increase in taxes, including income taxes	(12)	(41)	98
Pension contributions	(43)	(96)	(257)
Decrease (increase) in noncurrent assets	1	(13)	39
Decrease in noncurrent liabilities	(60)	(23)	(35)
Cash provided from operations	733	449	9
Financing Activities
Net change in short-term borrowings	(5)	(9)	(15)
Additions to debt (R)	0	700	2,400
Repurchases and payments on debt (R)	(69)	(1,538)	(2,043)
Debt issuance costs (C and R)	0	(11)	(61)
Premiums paid on early redemption of debt (R)	(2)	(138)	(59)
Repurchase of common stock (J)	(400)	(430)	(73)
Proceeds from exercise of employee stock options	16	22	33
Dividends paid to shareholders (J)	(44)	(19)	(11)
Net cash transferred to Arconic Corporation at separation	0	0	(500)
Other	(22)	(21)	(40)
Cash used for financing activities	(526)	(1,444)	(369)
Investing Activities
Capital expenditures (D and T)	(193)	(199)	(267)
Proceeds from the sale of assets and businesses (O and U)	58	32	114
Sales of debt securities	0	6	0
Cash receipts from sold receivables (M)	0	267	422
Other	0	1	2
Cash (used for) provided from investing activities	(135)	107	271
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(2)	(1)	(3)
Net change in cash, cash equivalents and restricted cash	70	(889)	(92)
Cash, cash equivalents and restricted cash at beginning of year	722	1,611	1,703
Cash, cash equivalents and restricted cash at end of year	$ 792	$ 722	$ 1,611