Segment and Geographic Area Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Operating Results and Assets of Alcoa's Reportable Segments

The operating results and assets of Alcoa’s reportable segments were as follows:

	Alumina			Primary Metals			Global Rolled Products			Engineered Products and Solutions		Transportation and Construction Solutions		Total
2015
Sales:
Third-party sales	$	3,455		$	5,591		$	6,238		$	5,342	$	1,882	$	22,508
Intersegment sales		1,687			2,170			125			-		-		3,982
Total sales	$	5,142		$	7,761		$	6,363		$	5,342	$	1,882	$	26,490
Profit and loss:
Equity loss	$	(41	)	$	(12	)	$	(32	)	$	-	$	-	$	(85	)
Depreciation, depletion, and amortization		296			429			227			233		43		1,228
Income taxes		300			(28	)		109			282		63		726
ATOI		746			155			244			595		166		1,906
2014
Sales:
Third-party sales	$	3,509		$	6,800		$	7,351		$	4,217	$	2,021	$	23,898
Intersegment sales		1,941			2,931			185			-		-		5,057
Total sales	$	5,450		$	9,731		$	7,536		$	4,217	$	2,021	$	28,955
Profit and loss:
Equity loss	$	(29	)	$	(34	)	$	(27	)	$	-	$	-	$	(90	)
Depreciation, depletion, and amortization		387			494			235			137		42		1,295
Income taxes		153			203			89			298		69		812
ATOI		370			594			245			579		180		1,968
2013
Sales:
Third-party sales	$	3,326		$	6,596		$	7,106		$	4,054	$	1,951	$	23,033
Intersegment sales		2,235			2,621			178			-		-		5,034
Total sales	$	5,561		$	9,217		$	7,284		$	4,054	$	1,951	$	28,067
Profit and loss:
Equity loss	$	(4	)	$	(51	)	$	(13	)	$	-	$	-	$	(68	)
Depreciation, depletion, and amortization		426			526			226			124		42		1,344
Income taxes		66			(74	)		123			286		67		468
ATOI		259			(20	)		292			569		167		1,267
2015
Assets:
Capital expenditures	$	184		$	156		$	307		$	383	$	77	$	1,107
Equity investments		667			634			217			-		-		1,518
Goodwill		6			-			201			4,660		58		4,925
Total assets		6,165			7,324			4,498			10,732		947		29,666
2014
Assets:
Capital expenditures	$	246		$	176		$	389		$	249	$	72	$	1,132
Equity investments		669			890			226			-		-		1,785
Goodwill		8			-			210			4,458		86		4,762
Total assets		7,350			9,308			4,908			8,800		975		31,341

Schedule of Reconciliation of Certain Segment Information to Consolidated Totals

The following tables reconcile certain segment information to consolidated totals:

	2015			2014			2013
Sales:
Total segment sales	$	26,490		$	28,955		$	28,067
Elimination of intersegment sales		(3,982	)		(5,057	)		(5,034	)
Corporate		26			8			(1	)
Consolidated sales	$	22,534		$	23,906		$	23,032

Schedule of Segment ATOI to Consolidated Net (Loss) Income Attributable to Alcoa

	2015			2014			2013
Net (loss) income attributable to Alcoa:
Total segment ATOI	$	1,906		$	1,968		$	1,267
Unallocated amounts (net of tax):
Impact of LIFO		136			(54	)		52
Metal price lag		(133	)		78			(45	)
Interest expense		(324	)		(308	)		(294	)
Noncontrolling interests		(125	)		91			(41	)
Corporate expense		(266	)		(284	)		(274	)
Impairment of goodwill		(25	)		-			(1,731	)
Restructuring and other charges		(943	)		(894	)		(607	)
Other		(548	)		(329	)		(612	)
Consolidated net (loss) income attributable to Alcoa	$	(322	)	$	268		$	(2,285	)

Schedule of Segment Reporting Information to Consolidated Assets

December 31,	2015			2014
Assets:
Total segment assets	$	29,666		$	31,341
Elimination of intersegment receivables		(318	)		(490	)
Unallocated amounts:
Cash and cash equivalents		1,919			1,877
Deferred income taxes		2,668			3,139
Corporate goodwill		476			485
Corporate fixed assets, net		733			819
LIFO reserve		(559	)		(767	)
Fair value of derivative contracts		1,078			16
Other		865			943
Consolidated assets	$	36,528		$	37,363

Sales by Major Product Grouping

Sales by major product grouping were as follows:

	2015		2014		2013
Sales:
Alumina	$	3,333	$	3,401	$	3,151
Primary aluminum		5,085		6,011		6,194
Flat-rolled aluminum		6,238		7,351		7,106
Investment castings		1,812		1,784		1,807
Fastening systems		2,168		1,647		1,505
Architectural aluminum systems		951		1,002		977
Aluminum wheels		790		786		702
Other extruded and forged products		1,332		1,019		1,015
Other		825		905		575
	$	22,534	$	23,906	$	23,032

Schedule of Geographic Information for Sales

Geographic information for sales was as follows (based upon the country where the point of sale occurred):

	2015		2014		2013
Sales:
United States(1)	$	12,425	$	12,103	$	11,766
Spain(2) (3)		2,853		3,359		2,282
Australia		2,196		3,028		3,240
Brazil		854		1,398		1,221
France		802		915		862
United Kingdom		698		464		475
Hungary		622		630		555
China		565		415		259
Russia		455		642		683
Canada		308		143		123
Germany		264		229		230
Italy		139		150		157
Netherlands(3)		34		36		524
Norway(2)		30		31		283
Other		289		363		372
	$	22,534	$	23,906	$	23,032

⁽¹⁾  Sales of a portion of the alumina from Alcoa’s refineries in Suriname, Brazil, Australia, and Jamaica (prior to divestiture—see Note F) and most of the aluminum from Alcoa’s smelters in Canada occurred in the United States.

⁽²⁾  In 2015, 2014, and 2013, Sales of the aluminum from Alcoa’s smelters in Norway occurred in Spain.

⁽³⁾  In 2015 and 2014, Sales of the aluminum from Alcoa’s smelter in Iceland occurred in Spain. In 2013, Sales of the aluminum from Alcoa’s smelter in Iceland occurred in both Spain and the Netherlands.

Schedule of Geographic Information for Long-Lived Assets

Geographic information for long-lived assets was as follows (based upon the physical location of the assets):

December 31,	2015		2014
Long-lived assets:
United States	$	5,758	$	5,403
Australia		2,159		2,538
Brazil		2,046		3,137
Iceland		1,397		1,460
Canada		1,238		1,216
Norway		463		588
China		352		389
United Kingdom		312		333
Russia		303		443
Spain		294		339
Hungary		190		210
Other		303		370
	$	14,815	$	16,426