Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The following table details the changes in the carrying amount of goodwill:

	Alumina			Primary Metals			Global Rolled Products			Engineered Products and Solutions			Corporate*			Total
Balance at December 31, 2012:
Goodwill	$	10		$	997		$	214		$	2,705		$	1,272		$	5,198
Accumulated impairment losses		-			-			-			(28	)		-			(28	)
		10			997			214			2,677			1,272			5,170
Impairment		-			(989	)		-			-			(742	)		(1,731	)
Translation		(1	)		(8	)		4			(7	)		(12	)		(24	)
Balance at December 31, 2013:
Goodwill		9			989			218			2,698			1,260			5,174
Accumulated impairment losses		-			(989	)		-			(28	)		(742	)		(1,759	)
		9			-			218			2,670			518			3,415
Acquisitions (F)		-			-			-			1,898			-			1,898
Divestitures (F)		(3	)		-			-			-			-			(3	)
Translation		2			-			(8	)		(49	)		(8	)		(63	)
Balance at December 31, 2014:
Goodwill		8			989			210			4,547			1,252			7,006
Accumulated impairment losses		-			(989	)		-			(28	)		(742	)		(1,759	)
	$	8		$	-		$	210		$	4,519		$	510		$	5,247

* As of December 31, 2014, $485 of the amount reflected in Corporate is allocated to three of Alcoa’s four reportable segments ($152 to Alumina, $61 to Global Rolled Products, and $272 to Engineered Products and Solutions) included in the table above for purposes of impairment testing (see Note A). This goodwill is reflected in Corporate for segment reporting purposes because it is not included in management’s assessment of performance by the three reportable segments.

Other Intangible Assets

Other intangible assets, which are included in Other noncurrent assets on the accompanying Consolidated Balance Sheet, were as follows:

December 31, 2014	Gross carrying amount		Accumulated amortization
Computer software	$	973	$	(775	)
Patents and licenses		133		(98	)
Other intangibles*		493		(35	)
Total amortizable intangible assets		1,599		(908	)
Indefinite-lived trade names and trademarks		46		-
Total other intangible assets	$	1,645	$	(908	)

* As of December 31, 2014, Other intangibles include an amount related to the acquisition of an aerospace business (see Note F).

December 31, 2013	Gross carrying amount		Accumulated amortization
Computer software	$	988	$	(743	)
Patents and licenses		133		(93	)
Other intangibles		100		(32	)
Total amortizable intangible assets		1,221		(868	)
Indefinite-lived trade names and trademarks		46		-
Total other intangible assets	$	1,267	$	(868	)