Separation Transaction and Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 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:

	Second quarter ended June 30, 2016			Six months ended June 30, 2016
Sales	$	2,061		$	3,953
Cost of goods sold (exclusive of expenses below)		1,683			3,324
Selling, general administrative, and other expenses		47			102
Research and development expenses		7			18
Provision for depreciation, depletion and amortization		177			352
Restructuring and other charges		9			86
Interest expense		5			11
Other (income) expense, net		(21	)		26
Income from discontinued operations before income taxes		154			34
Provision for income taxes		29			8
Income from discontinued operations after income taxes		125			26
Less: Net income from discontinued operations attributable to noncontrolling interests		43			38
Net income (loss) from discontinued operations	$	82		$	(12	)

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:

	Six months ended June 30,
	2016
Depreciation, depletion and amortization	$	352
Restructuring and other charges	$	86
Capital expenditures	$	172