Alcoa 2015 Annual Report Download - page 74

Item 6. Selected Financial Data.
(dollars in millions, except per-share amounts and realized prices; shipments in thousands of metric tons [kmt])
For the year ended December 31, 2015 2014 2013 2012 2011
Sales $22,534 $23,906 $23,032 $23,700 $24,951
Amounts attributable to Alcoa:
(Loss) income from continuing operations $ (322) $ 268 $ (2,285) $ 191 $ 614
Loss from discontinued operations ----(3)
Net (loss) income $ (322) $ 268 $ (2,285) $ 191 $ 611
Earnings per share attributable to Alcoa common shareholders:
Basic:
(Loss) income from continuing operations $ (0.31) $ 0.21 $ (2.14) $ 0.18 $ 0.58
Loss from discontinued operations ----(0.01)
Net (loss) income $ (0.31) $ 0.21 $ (2.14) $ 0.18 $ 0.57
Diluted:
(Loss) income from continuing operations $ (0.31) $ 0.21 $ (2.14) $ 0.18 $ 0.55
Loss from discontinued operations -----
Net (loss) income $ (0.31) $ 0.21 $ (2.14) $ 0.18 $ 0.55
Shipments of alumina (kmt) 10,755 10,652 9,966 9,295 9,218
Shipments of aluminum products (kmt) 4,537 4,794 4,994 5,197 5,037
Alcoa’s average realized price per metric ton of primary
aluminum $ 2,069 $ 2,405 $ 2,243 $ 2,327 $ 2,636
Cash dividends declared per common share $ 0.12 $ 0.12 $ 0.12 $ 0.12 $ 0.12
Total assets* 36,528 37,363 35,696 40,129 40,083
Total debt 9,103 8,852 8,319 8,829 9,371
Cash provided from operations 1,582 1,674 1,578 1,497 2,193
Capital expenditures 1,180 1,219 1,193 1,261 1,287
* In November 2015, Alcoa adopted changes issued by the Financial Accounting Standards Board to the balance sheet
classification of deferred income taxes (see the Recently Adopted Accounting Guidance section of Note A to the
Consolidated Financial Statements in Part II Item 8 of this Form 10-K). Additionally, for comparative purposes,
management elected to retrospectively apply these changes to all periods presented.
The data presented in the Selected Financial Data table should be read in conjunction with the information provided in
Management’s Discussion and Analysis of Financial Condition and Results of Operations in Part II Item 7 and the
Consolidated Financial Statements in Part II Item 8 of this Form 10-K.
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
(dollars in millions, except per-share amounts and ingot prices; production and shipments in thousands of
metric tons [kmt])
Overview
Our Business
Alcoa is a global leader in lightweight metals engineering and manufacturing. Alcoa’s innovative, multi-material
products, which include aluminum, titanium, and nickel, are used worldwide in aerospace, automotive, commercial
transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial
applications.
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