Alcoa 2015 Annual Report Download - page 63

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business relationships, or to consider entering into business relationships with parties other than Alcoa. These
disruptions could have a material and adverse effect on Alcoa’s businesses, financial condition, results of operations
and prospects, or the businesses, financial condition, results of operations and prospects of the independent companies
resulting from the separation. The effect of such disruptions could be exacerbated by any delays in the completion of
the separation.
Item 1B. Unresolved Staff Comments.
None.
Item 2. Properties.
Alcoa’s principal office is located at 390 Park Avenue, New York, New York 10022-4608. Alcoa’s corporate center is
located at 201 Isabella Street, Pittsburgh, Pennsylvania 15212-5858. The Alcoa Technical Center for research and
development is located at 100 Technical Drive, Alcoa Center, Pennsylvania 15069-0001.
Alcoa leases some of its facilities; however, it is the opinion of management that the leases do not materially affect the
continued use of the properties or the properties’ values.
Alcoa believes that its facilities are suitable and adequate for its operations. Although no title examination of properties
owned by Alcoa has been made for the purpose of this report, the Company knows of no material defects in title to any
such properties. See Notes A and H to the financial statements for information on properties, plants and equipment.
Alcoa has active plants and holdings under the following segments and in the following geographic areas:
ALUMINA
Bauxite: See the tables and related text in the Bauxite Interests section on pages 3-10 of this report.
Alumina: See the table and related text in the Alumina Refining Facilities and Capacity section on pages 10-12
of this report.
PRIMARY METALS
See the table and related text in the Primary Aluminum Facilities and Capacity section on pages 12-14 of this
report.
GLOBAL ROLLED PRODUCTS
See the table and related text in the Global Rolled Products Facilities section on page 14-15 of this report.
ENGINEERED PRODUCTS AND SOLUTIONS
See the table and related text in the Engineered Products and Solutions Facilities section on pages 15-18 of this
report.
TRANSPORTATION AND CONSTRUCTION SOLUTIONS
See the table and related text in the Transportation and Construction Solutions section on pages 18-19 of this
report.
Item 3. Legal Proceedings.
In the ordinary course of its business, Alcoa is involved in a number of lawsuits and claims, both actual and potential.
Litigation
Italian Energy Matter
As previously reported, before 2002, Alcoa purchased power in Italy in the regulated energy market and received a
drawback of a portion of the price of power under a special tariff in an amount calculated in accordance with a
39