Alcoa 2015 Annual Report Download - page 164

Download and view the complete annual report

Please find page 164 of the 2015 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 221

  • 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
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221

The following tables reconcile certain segment information to consolidated totals:
2015 2014 2013
Sales:
Total segment sales $26,490 $28,955 $28,067
Elimination of intersegment sales (3,982) (5,057) (5,034)
Corporate 26 8 (1)
Consolidated sales $ 22,534 $ 23,906 $ 23,032
2015 2014 2013
Net (loss) income attributable to Alcoa:
Total segment ATOI $1,906 $1,968 $ 1,267
Unallocated amounts (net of tax):
Impact of LIFO 136 (54) 52
Metal price lag (133) 78 (45)
Interest expense (324) (308) (294)
Noncontrolling interests (125) 91 (41)
Corporate expense (266) (284) (274)
Impairment of goodwill (25) - (1,731)
Restructuring and other charges (943) (894) (607)
Other (548) (329) (612)
Consolidated net (loss) income attributable to Alcoa $ (322) $ 268 $ (2,285)
December 31, 2015 2014
Assets:
Total segment assets $29,666 $31,341
Elimination of intersegment receivables (318) (490)
Unallocated amounts:
Cash and cash equivalents 1,919 1,877
Deferred income taxes 2,668 3,139
Corporate goodwill 476 485
Corporate fixed assets, net 733 819
LIFO reserve (559) (767)
Fair value of derivative contracts 1,078 16
Other 865 943
Consolidated assets $ 36,528 $ 37,363
Sales by major product grouping were as follows:
2015 2014 2013
Sales:
Alumina $ 3,333 $ 3,401 $ 3,151
Primary aluminum 5,085 6,011 6,194
Flat-rolled aluminum 6,238 7,351 7,106
Investment castings 1,812 1,784 1,807
Fastening systems 2,168 1,647 1,505
Architectural aluminum systems 951 1,002 977
Aluminum wheels 790 786 702
Other extruded and forged products 1,332 1,019 1,015
Other 825 905 575
$22,534 $23,906 $23,032
140