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Statement of Consolidated Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Sales (I) $ 3,192 $ 3,055
Cost of goods sold (exclusive of expenses below) 2,492 2,400
Selling, general administrative, and other expenses 221 205
Research and development expenses 28 31
Provision for depreciation and amortization 133 133
Restructuring and other charges (D & E) 73 16
Interest expense 115 121
Other income, net (G) (354) (12)
Total costs and expenses 2,708 2,894
Income from continuing operations before income taxes 484 161
Provision for income taxes 162 51
Income from continuing operations after income taxes 322 110
Loss from discontinued operations after income taxes (G)   (99)
Net income 322 11
Less: Loss from discontinued operations attributable to noncontrolling interests (G)   (5)
Net income attributable to Arconic 322 16
Amounts Attributable to Arconic Common Shareholders (J):    
Net income (loss) $ 305 $ (2)
Earnings per share - basic    
Continuing operations $ 0.69 $ 0.21
Discontinued operations   (0.21)
Net income per share - basic 0.69 0.00
Earnings per share - diluted    
Continuing operations 0.65 0.21
Discontinued operations   (0.21)
Net income per share - diluted 0.65 0.00
Dividends paid per share $ 0.06 $ 0.09
Weighted Average Shares Outstanding (J):    
Average shares outstanding - basic 440 438
Average shares outstanding - diluted 499 438