Earnings Per Share and Common Stock (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Reconciliation of Information Used to Compute Basic and Diluted EPS

The information used to compute basic and diluted EPS attributable to Howmet common shareholders was as follows (shares in millions in table below):

	First quarter ended
	March 31,
	2023		2022
Net income attributable to common shareholders	$	148	$	131
Less: preferred stock dividends declared	1		1
Net income available to Howmet Aerospace common shareholders - basic and diluted	$	147	$	130
Average shares outstanding - basic	412		419
Effect of dilutive securities:
Stock and performance awards	6		6
Average shares outstanding - diluted	418		425