XML 39 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of Operating Results of Arconic's Reportable Segments

The operating results of Arconic’s reportable segments were as follows:

 

     Engineered             Transportation         
     Products and      Global Rolled      and Construction      Combined  
     Solutions      Products      Solutions      Segment  

First quarter ended

           

March 31, 2017

           

Sales:

           

Third-party sales

   $ 1,485      $ 1,249      $ 449      $ 3,183  

Intersegment sales

     —          34        —          34  

Total sales

   $ 1,485      $ 1,283      $ 449      $ 3,217  

Profit and loss:

           

Depreciation and amortization

     64        50        12        126  

Adjusted EBITDA

     306        171        72        549  

First quarter ended

           

March 31, 2016

           

Sales:

           

Third-party sales

   $ 1,449      $ 1,184      $ 429      $ 3,062  

Intersegment sales

     —          29        —          29  

Total sales

   $ 1,449      $ 1,213      $ 429      $ 3,091  

Profit and loss:

           

Depreciation and amortization

     65        50        11        126  

Adjusted EBITDA

     305        155        64        524  

Schedule of Combined Segment Adjusted EBITDA to Consolidated Net Income

The following table reconciles combined segment adjusted EBITDA to consolidated net income attributable to Arconic:

 

     First quarter ended  
     March 31,  
     2017      2016  

Combined segment adjusted EBITDA

   $ 549      $ 524  

Unallocated amounts:

     

Depreciation and amortization

     (133      (133

Interest expense

     (115      (121

Restructuring and other charges

     (73      (16

Other income, net

     354        12  

Discontinued operations

     —          (94

Income taxes

     (162      (51

Impact of LIFO

     (19      (12

Metal price lag

     22        —    

Corporate expense

     (91      (76

Other

     (10      (17
  

 

 

    

 

 

 

Consolidated net income attributable to Arconic

   $ 322      $ 16