Howmet aerospace inc. (ARNC)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
Assets
Current assets:
Cash and Cash Equivalents, at Carrying Value

2,591

1,648

1,321

1,357

1,319

2,277

1,535

1,455

1,205

2,150

1,815

1,785

2,553

1,863

1,863

1,929

1,384

1,362

1,739

1,311

1,191

1,877

3,272

1,183

665

1,437

1,017

1,202

1,555

1,861

1,432

1,712

1,749

1,939

1,332

1,260

887

1,543

843

1,344

1,292

1,481

1,066

851

762

Restricted cash (I)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,337

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables from customers, less allowances of $2 in 2020 and $3 in 2019 (J)

1,290

967

1,116

1,155

1,170

1,047

1,147

1,159

1,179

1,035

1,150

1,170

1,148

974

1,675

1,595

1,556

960

1,525

1,558

1,469

1,395

1,480

1,381

1,379

1,221

1,422

1,354

1,680

1,399

1,619

1,575

1,526

1,571

1,915

2,083

2,001

1,591

1,971

1,938

1,647

1,529

1,723

1,611

1,883

Other receivables (J)

244

484

657

640

646

451

511

478

484

339

373

357

362

477

458

494

471

394

669

688

709

733

925

671

662

597

616

677

338

340

448

481

587

371

386

365

373

326

323

273

308

653

651

1,246

708

Inventories (K)

2,512

2,429

2,555

2,606

2,612

2,492

2,622

2,659

2,648

2,480

2,453

2,416

2,328

2,253

3,455

3,438

3,549

2,284

3,559

3,160

3,173

3,082

3,138

3,227

3,067

2,705

2,893

2,905

2,982

2,825

2,973

3,051

3,097

2,899

3,172

3,201

2,995

2,584

2,435

2,391

2,394

2,328

2,516

2,493

3,238

Prepaid expenses and other current assets

311

314

259

260

306

314

317

324

379

374

357

305

319

325

580

637

705

397

1,100

1,112

1,180

761

874

925

992

1,009

1,101

1,099

1,213

1,275

1,303

948

924

933

865

959

953

875

947

876

978

1,031

1,045

1,059

973

Current assets of discontinued operations (C)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,556

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of hedged aluminum

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31

199

586

Total current assets

6,948

5,842

5,908

6,018

6,053

6,581

6,132

6,075

5,895

6,378

6,148

6,033

6,710

5,892

9,368

8,093

7,665

7,953

8,592

7,829

7,722

7,848

9,689

7,387

6,765

6,969

7,049

7,237

7,768

7,700

7,775

7,767

7,883

7,713

7,670

7,868

7,209

6,919

6,519

6,822

6,619

7,022

7,032

7,459

8,150

Properties, plants, and equipment

-

-

-

-

-

-

-

-

-

-

11,791

11,738

11,633

-

34,943

34,441

34,421

-

33,237

34,277

33,864

-

36,747

37,897

37,405

-

37,326

37,261

38,378

-

37,718

37,219

38,429

-

37,343

38,939

38,120

-

36,802

35,154

35,757

-

34,932

33,844

-

Less: accumulated depreciation and amortization

-

-

-

-

-

-

-

-

-

-

6,265

6,231

6,160

-

19,821

19,424

19,405

-

18,485

19,003

18,576

-

20,031

20,286

19,792

-

19,465

19,150

19,422

-

18,860

18,483

18,813

-

17,872

18,216

17,753

-

16,888

16,016

16,090

-

15,340

14,811

-

Properties, plants, and equipment, net (L)

5,358

5,463

5,377

5,517

5,727

5,704

5,645

5,582

5,628

5,594

5,526

5,507

5,473

5,499

15,122

15,017

15,016

5,425

14,752

15,274

15,288

16,426

16,716

17,611

17,613

17,639

17,861

18,111

18,956

18,947

18,858

18,736

19,616

19,282

19,471

20,723

20,367

20,183

19,914

19,138

19,667

19,828

19,592

19,033

17,455

Goodwill (C)

4,457

4,493

4,460

4,500

4,509

4,500

4,517

4,518

4,573

4,535

5,246

5,215

5,170

5,148

5,384

5,396

5,402

5,249

5,443

5,232

5,050

5,247

3,389

3,435

3,423

3,415

5,144

5,113

5,123

5,170

5,175

5,141

5,271

5,157

5,271

5,329

5,363

5,122

5,128

5,032

5,065

5,051

5,048

5,032

4,981

Deferred income taxes

553

608

466

568

480

573

605

626

675

743

1,024

1,080

1,084

1,234

3,074

2,752

2,738

1,308

2,265

2,518

2,485

3,139

2,981

3,243

3,209

3,184

3,621

3,689

3,717

3,790

3,494

3,443

3,615

3,546

3,060

3,219

3,264

3,184

3,070

2,848

2,918

2,958

2,642

2,572

2,688

Investments (G)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,465

1,466

1,684

-

1,647

1,928

1,931

1,944

1,946

1,979

1,949

1,907

1,908

1,848

1,862

1,860

1,831

1,775

1,750

1,626

1,521

1,596

1,469

1,340

1,189

1,079

1,058

1,061

940

850

1,915

Investment in common stock of Alcoa Corporation (C and U)

-

-

-

-

-

-

-

-

-

-

0

0

446

1,020

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangibles, net

647

658

668

686

912

919

954

963

990

987

-

-

-

988

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncurrent assets (M)

502

514

605

624

680

416

474

455

458

481

1,293

1,271

1,274

257

3,035

3,415

3,635

1,944

3,888

3,806

3,218

2,759

2,401

2,654

2,646

2,628

2,646

2,553

2,680

2,712

3,058

2,636

2,568

2,796

2,527

2,625

2,561

2,545

2,449

2,298

2,388

2,419

2,666

2,526

2,386

Noncurrent assets of discontinued operations (C)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,598

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale (C)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78

106

103

-

101

95

120

133

179

176

247

Total assets

18,465

17,578

17,484

17,913

18,361

18,693

18,327

18,219

18,219

18,718

19,237

19,106

20,157

20,038

37,448

36,139

36,140

36,477

36,587

36,587

35,694

37,363

37,122

36,309

35,605

35,742

38,229

38,551

40,106

40,179

40,191

39,498

40,703

40,120

39,598

41,466

40,336

39,293

38,370

37,312

37,835

38,472

38,099

37,648

37,822

Liabilities
Current liabilities:
Commercial paper

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99

223

-

-

-

-

104

-

43

318

275

224

107

-

-

-

-

74

-

-

0

100

1,535

Accounts payable, trade

1,799

2,043

1,988

2,095

2,193

2,129

2,061

2,024

1,874

1,839

1,656

1,667

1,597

1,744

2,739

2,665

2,657

1,510

2,734

3,009

2,934

3,152

2,979

3,023

2,853

2,960

2,816

2,920

2,860

2,702

2,590

2,633

2,734

2,692

2,480

2,605

2,488

2,331

1,971

1,854

1,868

1,954

1,850

1,838

2,518

Accrued compensation and retirement costs

323

432

392

384

339

370

359

364

333

399

379

363

328

398

830

810

779

410

825

802

777

937

951

937

879

1,013

1,019

949

932

1,058

1,018

942

909

985

956

915

854

932

904

832

799

925

885

825

866

Taxes, including income taxes

88

87

115

116

114

118

84

69

83

75

74

77

81

85

217

206

274

103

421

383

357

265

275

351

310

376

398

414

438

366

405

406

479

438

510

506

475

461

397

372

371

345

363

363

378

Accrued interest payable

102

112

97

113

97

113

97

113

97

124

101

124

114

153

-

-

-

170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81

199

461

Other current liabilities (M)

453

418

434

479

481

356

371

362

370

349

412

379

420

329

909

1,000

1,033

441

981

936

890

1,021

958

1,088

1,087

1,044

1,093

1,205

1,090

1,298

1,344

1,175

1,045

1,167

1,024

1,199

1,107

1,204

1,091

1,125

1,274

1,345

832

952

987

Short-term debt (N)

1,342

1,034

1,434

434

435

434

42

45

45

38

54

48

47

40

32

33

40

38

50

50

80

54

57

133

53

57

59

55

51

53

591

559

722

62

57

65

221

92

119

134

166

176

343

663

478

Long-term debt due within one year

-

-

-

-

-

-

-

-

-

-

1

-

-

-

773

774

772

3

136

26

26

29

35

87

85

655

655

604

1,025

465

540

118

128

445

489

510

572

231

200

1,311

666

669

663

115

56

Current liabilities of discontinued operations (C)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,536

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

4,107

4,126

4,460

3,621

3,659

3,520

3,014

2,977

2,802

2,824

2,677

2,658

2,587

2,749

5,500

5,488

5,555

5,211

5,147

5,206

5,064

5,458

5,354

5,842

5,267

6,105

6,040

6,147

6,500

5,942

6,531

6,151

6,292

6,013

5,623

5,800

5,717

5,251

4,682

5,702

5,144

5,414

5,017

5,055

7,279

Long-term debt, less amount due within one year (N and O)

5,777

4,906

4,905

5,901

5,899

5,896

6,315

6,312

6,309

6,806

6,802

6,796

8,046

8,044

9,501

8,278

8,257

8,786

9,091

8,713

8,711

8,769

8,797

7,612

7,609

7,607

7,630

7,700

7,745

8,311

8,350

8,547

8,618

8,640

8,658

8,773

8,501

8,842

8,990

8,281

8,925

8,974

9,067

-

8,509

Accrued pension benefits (F)

2,389

2,460

2,001

2,079

2,172

2,230

2,120

2,184

2,249

2,564

2,110

2,202

2,293

2,345

3,700

3,122

3,251

1,925

2,968

3,182

3,163

3,291

2,840

3,020

3,082

3,183

3,407

3,558

3,626

3,722

2,754

2,899

3,059

3,261

2,081

2,217

2,309

2,923

2,677

2,679

2,547

3,163

2,797

2,792

2,941

Accrued other postretirement benefits (F)

700

714

629

641

636

723

773

815

833

841

811

822

867

889

2,177

2,070

2,077

917

2,110

2,105

2,128

2,155

2,119

2,244

2,333

2,354

2,527

2,541

2,578

2,603

2,516

2,536

2,560

2,583

2,555

2,609

2,606

2,615

2,686

2,687

2,689

2,696

2,755

2,723

2,730

Other noncurrent liabilities and deferred credits (M)

695

751

779

805

817

739

730

713

744

759

876

875

869

870

2,625

2,652

2,639

828

2,580

2,743

2,785

2,896

2,877

2,885

2,940

2,971

2,761

2,747

2,883

3,078

3,186

2,451

2,548

2,428

2,373

2,669

2,770

2,576

2,526

2,207

2,631

2,605

1,803

1,659

1,901

Noncurrent liabilities of discontinued operations (C)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,679

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, less amount due within one year (H)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,387

-

Liabilities of operations held for sale (C)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

29

29

-

31

31

49

60

76

64

130

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

366

387

-

Total liabilities

13,668

12,957

12,774

13,047

13,183

13,108

12,952

13,001

12,937

13,794

13,276

13,353

14,662

14,897

23,503

21,610

21,779

22,346

21,896

21,949

21,851

22,569

21,987

21,603

21,231

22,220

22,365

22,693

23,332

23,656

23,337

22,584

23,077

22,925

21,315

22,097

21,932

22,207

21,592

21,587

21,985

22,912

21,881

22,067

23,490

Contingencies and commitments (Q)

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

-

-

0

-

Equity
Convertible securities of subsidiary (I)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

40

-

-

0

Preferred stock

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

Mandatory convertible preferred stock (O)

-

-

-

-

-

-

-

-

-

-

3

3

3

3

3

3

3

3

3

3

3

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock

436

433

434

440

453

483

483

483

483

481

442

441

441

438

438

1,391

1,391

1,391

1,391

1,304

1,304

1,304

1,267

1,267

1,267

1,178

1,178

1,178

1,178

1,178

1,178

1,178

1,178

1,178

1,178

1,178

1,178

1,141

1,141

1,141

1,141

1,097

1,097

1,097

925

Additional capital

7,326

7,319

7,314

7,484

7,644

8,319

8,310

8,295

8,280

8,266

8,294

8,262

8,249

8,214

8,197

9,877

9,856

10,019

9,954

9,147

9,124

9,284

8,760

7,635

7,704

7,509

7,536

7,524

7,508

7,560

7,549

7,538

7,523

7,561

7,545

7,522

7,508

7,087

7,094

7,091

7,100

6,608

6,612

6,601

5,850

Retained earnings

335

129

-179

-256

-134

-358

-943

-1,073

-1,164

-1,248

-519

-567

-768

-1,027

8,940

8,871

8,753

8,834

9,553

9,605

9,520

9,379

9,276

9,163

9,061

9,272

11,611

11,653

11,805

11,689

11,447

11,655

11,690

11,629

11,820

11,714

11,424

11,149

10,922

10,892

10,787

11,020

11,297

11,281

12,400

Treasury stock, at cost (P)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,647

2,657

2,825

2,830

2,834

2,841

3,042

3,129

3,275

3,395

3,762

3,810

3,812

3,816

3,881

3,882

3,890

3,898

3,952

3,954

3,959

3,973

4,146

4,171

4,177

4,191

4,268

4,268

4,272

4,326

Accumulated other comprehensive loss (I)

-3,369

-3,329

-2,928

-2,869

-2,852

-2,926

-2,544

-2,556

-2,386

-2,644

-2,327

-2,454

-2,498

-2,568

-5,858

-5,215

-5,175

-5,431

-5,532

-4,966

-5,591

-4,677

-3,836

-3,168

-3,301

-3,659

-3,714

-3,783

-3,309

-3,402

-2,777

-2,878

-2,406

-2,627

-1,725

-858

-1,418

-1,675

-1,688

-2,393

-2,223

-2,092

-1,559

-1,945

-3,169

Total Howmet Aerospace shareholders’ equity

4,783

4,607

4,696

4,854

5,166

5,573

5,361

5,204

5,268

4,910

5,948

5,740

5,482

5,115

11,775

12,335

12,226

12,046

12,594

12,314

11,574

12,306

12,396

11,677

11,391

10,593

12,856

12,815

13,421

13,199

13,570

13,658

14,142

13,844

14,919

15,652

14,774

13,611

13,353

12,609

12,669

12,420

13,234

12,817

11,735

Noncontrolling interests

14

14

14

12

12

12

14

14

14

14

13

13

13

26

2,170

2,194

2,135

2,085

2,097

2,324

2,269

2,488

2,739

3,029

2,983

2,929

3,008

3,043

3,353

3,324

3,284

3,256

3,484

3,351

3,364

3,717

3,630

3,475

3,425

3,116

3,181

3,100

2,984

2,764

2,597

Total equity

4,797

4,621

4,710

4,866

5,178

5,585

5,375

5,218

5,282

4,924

5,961

5,753

5,495

5,141

13,945

14,529

14,361

14,131

14,691

14,638

13,843

14,794

15,135

14,706

14,374

13,522

15,864

15,858

16,774

16,523

16,854

16,914

17,626

17,195

18,283

19,369

18,404

17,086

16,778

15,725

15,850

15,520

16,218

15,581

14,332

Total liabilities and equity

18,465

17,578

17,484

17,913

18,361

18,693

18,327

18,219

18,219

18,718

19,237

19,106

20,157

20,038

37,448

36,139

36,140

36,477

36,587

36,587

35,694

37,363

37,122

36,309

35,605

35,742

38,229

38,551

40,106

40,179

40,191

39,498

40,703

40,120

39,598

41,466

40,336

39,293

38,370

37,312

37,835

38,472

38,099

37,648

37,822