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Segment Information (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Schedule of Operating Results of Alcoa's Reportable Segments

The operating results of Alcoa’s reportable segments were as follows (differences between segment totals and consolidated totals are in Corporate):

 

     Alumina     Primary
Metals
    Global
Rolled
Products
    Engineered
Products
and
Solutions
     Total  

First quarter ended March 31, 2015

           

Sales:

           

Third-party sales

   $ 887      $ 1,572      $ 1,621      $ 1,689       $ 5,769   

Intersegment sales

     501        692        36        —           1,229   
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Total sales

$ 1,388    $ 2,264    $ 1,657    $ 1,689    $ 6,998   
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Profit and loss:

Equity loss

$ (7 $ (3 $ (9 $ —      $ (19

Depreciation, depletion, and amortization

  80      109      56      60      305   

Income taxes

  92      57      26      89      264   

After-tax operating income (ATOI)

  221      187      34      191      633   

First quarter ended March 31, 2014

Sales:

Third-party sales

$ 845    $ 1,424    $ 1,677    $ 1,443    $ 5,389   

Intersegment sales

  510      734      43      —        1,287   
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Total sales

$ 1,355    $ 2,158    $ 1,720    $ 1,443    $ 6,676   
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Profit and loss:

Equity loss

$ (5 $ (28 $ (5 $ —      $ (38

Depreciation, depletion, and amortization

  97      124      58      40      319   

Income taxes

  40      (11   34      91      154   

ATOI

  92      (15   59      189      325   
Schedule of Segment ATOI to Consolidated Net Income (Loss) Attributable to Alcoa

The following table reconciles total segment ATOI to consolidated net income (loss) attributable to Alcoa:

 

     First quarter ended
March 31,
 
     2015      2014  

Total segment ATOI

   $ 633       $ 325   

Unallocated amounts (net of tax):

     

Impact of LIFO

     7         (7

Interest expense

     (80      (78

Noncontrolling interests

     (60      19   

Corporate expense

     (64      (67

Restructuring and other charges

     (161      (321

Other

     (80      (49
  

 

 

    

 

 

 

Consolidated net income (loss) attributable to Alcoa

$ 195    $ (178