Separation Transaction and Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2017

Alcoa Corporation [Member]

Summary of Discontinued Operations in Financial Statements

The results of operations of Alcoa Corporation are presented as discontinued operations in the Statement of Consolidated Operations as summarized below:

	First quarter ended March 31,
	2016
Sales	$	1,892
Cost of goods sold (exclusive of expenses below)		1,641
Selling, general administrative, and other expenses		55
Research and development expenses		11
Provision for depreciation, depletion and amortization		175
Restructuring and other charges		77
Interest expense		6
Other expenses, net		47
Loss from discontinued operations before income taxes		(120	)
Benefit for income taxes		(21	)
Loss from discontinued operations after income taxes		(99	)
Less: Net loss from discontinued operations attributable to noncontrolling interests		(5	)
Net loss from discontinued operations	$	(94	)

The cash flows related to Alcoa Corporation have not been segregated and are included in the Statement of Consolidated Cash Flows for all periods presented. The following table presents depreciation, depletion and amortization, restructuring and other charges, and purchases of property, plant and equipment of the discontinued operations related to Alcoa Corporation:

	First quarter ended March 31,
	2016
Depreciation, depletion and amortization	$	175
Restructuring and other charges	$	77
Capital expenditures	$	86