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Derivatives And Other Financial Instruments (Schedule Of Fair Values Of Outstanding Derivative Contracts Recorded As Liabilities) (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives $ 781 $ 737
Derivatives Designated As Hedging Instruments [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 700 653
Derivatives Not Designated As Hedging Instruments [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 81 [1] 85 [1]
Level 1 [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 22 64
Level 1 [Member] | Other Current Liabilities [Member] | Derivatives Designated As Hedging Instruments [Member] | Aluminum Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 13 47
Level 1 [Member] | Other Current Liabilities [Member] | Derivatives Designated As Hedging Instruments [Member] | Energy Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 1  
Level 1 [Member] | Other Current Liabilities [Member] | Derivatives Not Designated As Hedging Instruments [Member] | Aluminum Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 6 [1] 12 [1]
Level 1 [Member] | Other Current Liabilities [Member] | Margin Posted [Member] | Aluminum Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives   1 [2]
Level 1 [Member] | Other Noncurrent Liabilities And Deferred Credits [Member] | Derivatives Designated As Hedging Instruments [Member] | Aluminum Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 1 4
Level 1 [Member] | Other Noncurrent Liabilities And Deferred Credits [Member] | Derivatives Designated As Hedging Instruments [Member] | Energy Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 1  
Level 1 [Member] | Other Noncurrent Liabilities And Deferred Credits [Member] | Derivatives Not Designated As Hedging Instruments [Member] | Aluminum Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives   1 [1]
Level 2 [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 47 44
Level 2 [Member] | Other Current Liabilities [Member] | Derivatives Not Designated As Hedging Instruments [Member] | Aluminum Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 24 [1] 23 [1]
Level 2 [Member] | Other Noncurrent Liabilities And Deferred Credits [Member] | Derivatives Not Designated As Hedging Instruments [Member] | Aluminum Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 23 [1] 21 [1]
Level 3 [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 712 630
Level 3 [Member] | Other Current Liabilities [Member] | Derivatives Designated As Hedging Instruments [Member] | Aluminum Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 38 32
Level 3 [Member] | Other Noncurrent Liabilities And Deferred Credits [Member] | Derivatives Designated As Hedging Instruments [Member] | Aluminum Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 636 570
Level 3 [Member] | Other Noncurrent Liabilities And Deferred Credits [Member] | Derivatives Designated As Hedging Instruments [Member] | Energy Contracts [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives 10  
Level 3 [Member] | Other Noncurrent Liabilities And Deferred Credits [Member] | Derivatives Not Designated As Hedging Instruments [Member] | Embedded Credit Derivative [Member]
   
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value liability derivatives $ 28 [1] $ 28 [1]
[1] See the "Other" section within Note L for additional information on Alcoa's purpose for entering into derivatives not designated as hedging instruments and its overall risk management strategies.
[2] All margin posted is in the form of cash and is valued under a Level 1 technique. The levels that correspond to the margin posted in the table above reference the level of the corresponding liability for which it is posted. Alcoa elected to net the margin posted against the fair value amounts recognized for derivative instruments executed with the same counterparties under master netting arrangements.