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Statement of Consolidated Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sales (I) $ 5,833 $ 6,419 $ 17,802 $ 18,962
Cost of goods sold (exclusive of expenses below) 5,266 5,290 15,518 15,252
Selling, general administrative, and other expenses 234 261 720 759
Research and development expenses 51 47 141 136
Provision for depreciation, depletion, and amortization 366 376 1,098 1,112
Restructuring and other charges (C) 2 9 27 49
Interest expense 124 125 370 399
Other (income) expenses, net (H) (2) 31 4 (47)
Total costs and expenses 6,041 6,139 17,878 17,660
(Loss) income from continuing operations before income taxes (208) 280 (76) 1,302
(Benefit) provision for income taxes (K) (33) 55 19 329
(Loss) income from continuing operations (175) 225 (95) 973
Loss from discontinued operations       (5)
Net (loss) income (175) 225 (95) 968
Less: Net (loss) income attributable to noncontrolling interests (32) 53 (44) 166
Net (loss) income (143) 172 (51) 802
AMOUNTS ATTRIBUTABLE TO ALCOA COMMON SHAREHOLDERS:        
(Loss) income from continuing operations (143) 172 (51) 807
Loss from discontinued operations       (5)
Net (loss) income $ (143) $ 172 $ (51) $ 802
Basic:        
(Loss) income from continuing operations $ (0.13) $ 0.16 $ (0.05) $ 0.76
Loss from discontinued operations       $ (0.01)
Net (loss) income $ (0.13) $ 0.16 $ (0.05) $ 0.75
Diluted:        
(Loss) income from continuing operations $ (0.13) $ 0.15 $ (0.05) $ 0.71
Loss from discontinued operations            
Net (loss) income $ (0.13) $ 0.15 $ (0.05) $ 0.71
Dividends paid per common share $ 0.03 $ 0.03 $ 0.09 $ 0.09