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Statement of Consolidated Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Sales (K) $ 5,295 $ 5,897 $ 10,242 $ 11,716
Cost of goods sold (exclusive of expenses below) 4,216 4,663 8,257 9,106
Selling, general administrative, and other expenses (P) 286 224 546 456
Research and development expenses 39 68 81 123
Provision for depreciation, depletion, and amortization 309 319 618 640
Restructuring and other charges (D) 23 217 116 394
Interest expense 129 124 256 246
Other income, net (J) (37)   (3) (12)
Total costs and expenses 4,965 5,615 9,871 10,953
Income before income taxes 330 282 371 763
Provision for income taxes 152 75 182 301
Net income 178 207 189 462
Less: Net income attributable to noncontrolling interests 43 67 38 127
Consolidated net income attributable to Alcoa 135 140 151 335
AMOUNTS ATTRIBUTABLE TO ALCOA COMMON SHAREHOLDERS (L):        
Net income $ 118 $ 123 $ 116 $ 300
Earnings per share:        
Basic $ 0.09 $ 0.10 $ 0.09 $ 0.25
Diluted 0.09 0.10 0.09 0.24
Dividends paid per share $ 0.03 $ 0.03 $ 0.06 $ 0.06