XML 19 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Statement of Consolidated Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Sales (L) $ 5,213 $ 5,573 $ 15,455 $ 17,289
Cost of goods sold (exclusive of expenses below) 4,217 4,559 12,474 13,665
Selling, general administrative, and other expenses (R) 275 261 821 717
Research and development expenses 38 55 119 178
Provision for depreciation, depletion, and amortization 316 318 934 958
Restructuring and other charges (D) 18 66 134 460
Interest expense 133 123 389 369
Other income, net (K) (117) (15) (120) (27)
Total costs and expenses 4,880 5,367 14,751 16,320
Income before income taxes 333 206 704 969
Provision for income taxes 147 100 329 401
Net income 186 106 375 568
Less: Net income attributable to noncontrolling interests 20 62 58 189
Consolidated net income attributable to Arconic 166 44 317 379
AMOUNTS ATTRIBUTABLE TO ARCONIC COMMON SHAREHOLDERS (N):        
Net income $ 148 $ 26 $ 265 $ 327
Earnings per share:        
Basic $ 0.34 $ 0.06 $ 0.60 $ 0.79
Diluted 0.33 0.06 0.60 0.78
Dividends paid per share $ 0.09 $ 0.09 $ 0.27 $ 0.27