Alcoa 2014 Annual Report Download - page 183

Download and view the complete annual report

Please find page 183 of the 2014 Alcoa annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 214

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214

Supplemental Financial Information (unaudited)
Quarterly Data
(in millions, except per-share amounts)
First Second Third Fourth* Year
2014
Sales $5,454 $5,836 $6,239 $ 6,377 $23,906
Net (loss) income attributable to Alcoa common shareholders $ (178) $ 138 $ 149 $ 159 $ 268
Earnings per share attributable to Alcoa common shareholders**:
Basic $ (0.16) $ 0.12 $ 0.13 $ 0.12 $ 0.21
Diluted $ (0.16) $ 0.12 $ 0.12 $ 0.11 $ 0.21
2013
Sales $5,833 $5,849 $5,765 $ 5,585 $23,032
Net income (loss) attributable to Alcoa common shareholders $ 149 $ (119) $ 24 $(2,339) $ (2,285)
Earnings per share attributable to Alcoa common shareholders**:
Basic $ 0.14 $ (0.11) $ 0.02 $ (2.19) $ (2.14)
Diluted $ 0.13 $ (0.11) $ 0.02 $ (2.19) $ (2.14)
* In the fourth quarter of 2014, Alcoa recorded a net loss of $332 (163 after-tax and noncontrolling interest) related to
the divestiture of four operations (see Note D and F). In the fourth quarter of 2013, Alcoa recorded a $1,731 ($1,719
after noncontrolling interest) impairment of goodwill (see Goodwill and Other Intangible Assets in Note A and
Note E), a $372 discrete income tax charge for valuation allowances on certain deferred tax assets in Spain and the
United States (see Note T), and a $288 ($243 after-tax and noncontrolling interest) charge related to a legal matter
(see Note D and Government Investigations under Litigation in Note N).
**Per share amounts are calculated independently for each period presented; therefore, the sum of the quarterly per
share amounts may not equal the per share amounts for the year.
161