v3.26.1
Statement of Consolidated Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Sales (E) $ 3,966 $ 3,018 $ 7,159 $ 6,387
Cost of goods sold (exclusive of expenses below) 2,967 2,652 5,479 5,090
Selling, general administrative, and other expenses 101 82 184 153
Research and development expenses 11 12 21 24
Provision for depreciation, depletion, and amortization 173 153 335 301
Restructuring and other charges, net (D) (4) 14 14 19
Interest expense 36 56 71 109
Other expenses (income), net (O) 200 (112) 74 (138)
Total costs and expenses 3,484 2,857 6,178 5,558
Income before income taxes 482 161 981 829
Provision for income taxes 73 10 155 130
Net income 409 151 826 699
Less: Net income (loss) attributable to noncontrolling interest 2 (13) (6) (13)
Consolidated net income attributable to Alcoa Corporation $ 407 $ 164 $ 832 $ 712
EARNINGS PER SHARE ATTRIBUTABLE TO ALCOA CORPORATION COMMON SHAREHOLDERS (F):        
Basic $ 1.54 $ 0.63 $ 3.15 $ 2.71
Diluted $ 1.53 $ 0.62 $ 3.13 $ 2.69