v3.26.1
Restructuring and Other Charges, Net (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Other Charges, Net by Reportable Segments, Pretax

Alcoa Corporation does not include Restructuring and other charges, net in the results of its reportable segments. The impact of allocating such charges to segment results would have been as follows:

 

 

Second quarter ended
June 30,

 

 

Six months ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Alumina

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

Aluminum

 

 

(3

)

 

 

6

 

 

 

(3

)

 

 

9

 

Segment total

 

 

(3

)

 

 

6

 

 

 

(3

)

 

 

9

 

Corporate

 

 

(1

)

 

 

8

 

 

 

17

 

 

 

10

 

Total Restructuring and other charges, net

 

$

(4

)

 

$

14

 

 

$

14

 

 

$

19

 

Activity and Reserve Balances for Restructuring and Other Charges

Activity and reserve balances for Restructuring and other charges, net related to Severance and employee termination costs and Other costs were as follows:

 

 

Severance
and
employee
termination
costs

 

 

Other
costs

 

 

Total

 

Balance at December 31, 2024

 

$

13

 

 

$

168

 

 

$

181

 

Restructuring and other charges, net

 

 

2

 

 

 

107

 

 

 

109

 

Cash payments

 

 

(4

)

 

 

(208

)

 

 

(212

)

Reversals and other

 

 

—

 

 

 

7

 

 

 

7

 

Balance at December 31, 2025

 

 

11

 

 

 

74

 

 

 

85

 

Restructuring and other charges, net

 

 

—

 

 

 

5

 

 

 

5

 

Cash payments

 

 

(7

)

 

 

(27

)

 

 

(34

)

Reversals and other

 

 

—

 

 

 

1

 

 

 

1

 

Balance at June 30, 2026

 

$

4

 

 

$

53

 

 

$

57