$HWM
Howmet Aerospace Inc. Stock $hwm

$hwm Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000000428124000014 Filed on May 02, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q1
Revenue	$1.880B	$1.824B	$1.603B
YoY Change	14.08%	13.79%	21.07%
Cost Of Revenue	$1.287B	$1.290B	$1.164B
YoY Change	7.61%	10.82%	22.53%
Gross Profit	$593.0M	$534.0M	$439.0M
YoY Change	31.19%	21.64%	17.38%
Gross Profit Margin	31.54%	29.28%	27.39%
Selling, General & Admin	$97.00M	$88.00M	$75.00M
YoY Change	10.23%	17.33%	8.7%
% of Gross Profit	16.36%	16.48%	17.08%
Research & Development	$7.000M	$10.00M	$9.000M
YoY Change	-22.22%	11.11%	28.57%
% of Gross Profit	1.18%	1.87%	2.05%
Depreciation & Amortization	$69.00M	$67.00M	$69.00M
YoY Change	2.99%	-2.9%	4.55%
% of Gross Profit	11.64%	12.55%	15.72%
Operating Expenses	$104.0M	$98.00M	$84.00M
YoY Change	-36.59%	16.67%	10.53%
Operating Profit	$398.0M	$369.0M	$285.0M
YoY Change	38.19%	29.47%	23.91%
Interest Expense	-$53.00M	$49.00M	$57.00M
YoY Change	-7.02%	-14.04%	-1.72%
% of Operating Profit	-13.32%	13.28%	20.0%
Other Income/Expense, Net	-$15.00M	-$17.00M	-$7.000M
YoY Change	-200.0%	142.86%	600.0%
Pretax Income	$334.0M	$303.0M	$220.0M
YoY Change	37.45%	37.73%	28.65%
Income Tax	$68.00M	$60.00M	$72.00M
% Of Pretax Income	20.36%	19.8%	32.73%
Net Earnings	$266.0M	$243.0M	$148.0M
YoY Change	37.82%	64.19%	12.98%
Net Earnings / Revenue	14.15%	13.32%	9.23%
Basic Earnings Per Share	$0.65	$0.59	$0.36
Diluted Earnings Per Share	$0.65	$0.59	$0.35
COMMON SHARES
Basic Shares Outstanding	408.2M shares	410.3M shares	412.3M shares
Diluted Shares Outstanding	411.0M shares	412.0M shares	418.0M shares

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$752.0M	$533.0M	$537.0M
YoY Change	40.56%	-0.74%	3.27%
Cash & Equivalents	$752.0M	$533.0M	$537.0M
Short-Term Investments
Other Short-Term Assets	$235.0M	$221.0M	$187.0M
YoY Change	13.53%	18.18%	-25.2%
Inventory	$1.848B	$1.783B	$1.662B
Prepaid Expenses
Receivables	$749.0M	$785.0M	$655.0M
Other Receivables	$19.00M	$18.00M	$16.00M
Total Short-Term Assets	$3.603B	$3.340B	$3.057B
YoY Change	15.19%	9.26%	9.88%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.307B	$2.294B	$2.321B
YoY Change	-4.91%	-1.16%	-3.29%
Goodwill	$4.016B	$4.020B	$4.024B
YoY Change	-0.25%	-0.1%	-0.72%
Intangibles	$489.0M	$498.0M	$518.0M
YoY Change	-4.68%	-3.86%	-4.6%
Long-Term Investments
YoY Change
Other Assets	$232.0M	$220.0M	$195.0M
YoY Change	65.71%	12.82%	-3.47%
Total Long-Term Assets	$7.076B	$7.070B	$7.117B
YoY Change	-0.41%	-0.66%	-3.13%
TOTAL ASSETS
Total Short-Term Assets	$3.603B	$3.340B	$3.057B
Total Long-Term Assets	$7.076B	$7.070B	$7.117B
Total Assets	$10.68B	$10.41B	$10.17B
YoY Change	4.36%	2.32%	0.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$971.0M	$964.0M	$877.0M
YoY Change	10.22%	9.92%	12.87%
Accrued Expenses	$336.0M	$281.0M	$289.0M
YoY Change	6.33%	-2.77%	5.86%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change			-100.0%
Long-Term Debt Due	$782.0M	$206.0M
YoY Change
Total Short-Term Liabilities	$2.358B	$1.698B	$1.403B
YoY Change	67.23%	21.03%	11.79%
LONG-TERM LIABILITIES
Long-Term Debt	$2.877B	$3.486B	$3.988B
YoY Change	-27.88%	-12.59%	-5.68%
Other Long-Term Liabilities	$1.167B	$1.140B	$1.022B
YoY Change	10.2%	11.55%	-14.05%
Total Long-Term Liabilities	$2.877B	$3.486B	$3.988B
YoY Change	-43.01%	-12.59%	-5.68%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.358B	$1.698B	$1.403B
Total Long-Term Liabilities	$2.877B	$3.486B	$3.988B
Total Liabilities	$6.402B	$6.324B	$6.413B
YoY Change	-0.87%	-1.39%	-3.88%
SHAREHOLDERS EQUITY
Retained Earnings	$2.186B	$1.942B	$1.159B
YoY Change	63.87%	67.56%	59.86%
Common Stock	$408.0M	$408.0M	$412.0M
YoY Change	-0.97%	-0.97%	-1.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$4.277B	$4.086B	$3.761B
YoY Change
Total Liabilities & Shareholders Equity	$10.68B	$10.41B	$10.17B
YoY Change	4.36%	2.32%	0.44%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	$266.0M	$243.0M	$148.0M
YoY Change	37.82%	64.19%	12.98%
Depreciation, Depletion And Amortization	$69.00M	$67.00M	$69.00M
YoY Change	2.99%	-2.9%	4.55%
Cash From Operating Activities	$397.0M	$177.0M	$23.00M
YoY Change	73.36%	669.57%	-58.18%
INVESTING ACTIVITIES
Capital Expenditures	$55.00M	$82.00M	$64.00M
YoY Change	34.15%	28.13%	3.23%
Acquisitions
YoY Change
Other Investing Activities	$1.000M	$7.000M	$0.00
YoY Change
Cash From Investing Activities	-$54.00M	-$75.00M	-$64.00M
YoY Change	31.71%	17.19%	4.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$0.00	$176.0M
YoY Change		-100.0%
Cash From Financing Activities	-123.0M	-$178.0M	-$214.0M
YoY Change	-34.92%	-16.82%	10.31%
NET CHANGE
Cash From Operating Activities	397.0M	$177.0M	$23.00M
Cash From Investing Activities	-54.00M	-$75.00M	-$64.00M
Cash From Financing Activities	-123.0M	-$178.0M	-$214.0M
Net Change In Cash	220.0M	-$76.00M	-$254.0M
YoY Change	-22100.0%	-70.08%	27.0%
FREE CASH FLOW
Cash From Operating Activities	$397.0M	$177.0M	$23.00M
Capital Expenditures	$55.00M	$82.00M	$64.00M
Free Cash Flow	$342.0M	$95.00M	-$41.00M
YoY Change	81.91%	-331.71%	485.71%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2024Q1	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
CY2023Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#DeferredCreditsAndOtherLiabilitiesNoncurrent
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#DeferredCreditsAndOtherLiabilitiesNoncurrent
CY2023Q4	us-gaap	Supplier Finance Program Obligation Current Statement Of Financial Position Extensible Enumeration SupplierFinanceProgramObligationCurrentStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#AccountsPayableCurrent
CY2024Q1	us-gaap	Supplier Finance Program Obligation Current Statement Of Financial Position Extensible Enumeration SupplierFinanceProgramObligationCurrentStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#AccountsPayableCurrent
CY2024Q1	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	1290000000	usd
CY2024Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	18000000	usd
CY2023Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	17000000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	1783000000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	1765000000	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	221000000	usd
CY2023Q1	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	1164000000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	88000000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	75000000	usd
CY2024Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	10000000	usd
CY2023Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	9000000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	67000000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	69000000	usd
CY2024Q1	us-gaap	Restructuring Charges RestructuringCharges	0	usd
CY2023Q1	us-gaap	Restructuring Charges RestructuringCharges	1000000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	369000000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	285000000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1000000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	49000000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	57000000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-17000000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	303000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	220000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	60000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	72000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	243000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	148000000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	242000000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	242000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	147000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	147000000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.59
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.36
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.59
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.35
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	410000000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	412000000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	412000000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	418000000	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	243000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	148000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-3000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-5000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-37000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	34000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	3000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-4000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-31000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	35000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	212000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	183000000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	533000000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	610000000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	0	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	0	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	785000000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	675000000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	249000000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	3340000000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	3316000000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2294000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2328000000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	4020000000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	4035000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	38000000	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	46000000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	498000000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	505000000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	220000000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	198000000	usd
CY2024Q1	us-gaap	Assets Assets	10410000000	usd
CY2023Q4	us-gaap	Assets Assets	10428000000	usd
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CY2024Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	201000000	usd
CY2023Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	263000000	usd
CY2024Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	84000000	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	68000000	usd
CY2024Q1	us-gaap	Interest Payable Current InterestPayableCurrent	45000000	usd
CY2023Q4	us-gaap	Interest Payable Current InterestPayableCurrent	65000000	usd
CY2024Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	198000000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	200000000	usd
CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	206000000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	206000000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1698000000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1784000000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3486000000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3500000000	usd
CY2024Q1	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	662000000	usd
CY2023Q4	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	664000000	usd
CY2024Q1	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	91000000	usd
CY2023Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	92000000	usd
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CY2023Q4	us-gaap	Deferred Credits And Other Liabilities Noncurrent DeferredCreditsAndOtherLiabilitiesNoncurrent	351000000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	6324000000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	6391000000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Preferred Stock Value PreferredStockValue	55000000	usd
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CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1861000000	usd
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CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	10410000000	usd
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CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	148000000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	67000000	usd
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CY2024Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	32000000	usd
CY2023Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	31000000	usd
CY2024Q1	hwm	Restructuring And Other Charges RestructuringAndOtherCharges	0	usd
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CY2024Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-7000000	usd
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CY2024Q1	hwm	Increase Decrease In Sharebased Compensation IncreaseDecreaseInSharebasedCompensation	15000000	usd
CY2023Q1	hwm	Increase Decrease In Sharebased Compensation IncreaseDecreaseInSharebasedCompensation	14000000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1000000	usd
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CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-5000000	usd
CY2024Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	127000000	usd
CY2023Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	137000000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	31000000	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	45000000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-23000000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-12000000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	22000000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-67000000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-87000000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-19000000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	15000000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	16000000	usd
CY2024Q1	us-gaap	Pension Contributions PensionContributions	2000000	usd
CY2023Q1	us-gaap	Pension Contributions PensionContributions	9000000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	2000000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-2000000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-9000000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-12000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	177000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	23000000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	176000000	usd
CY2024Q1	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	0	usd
CY2023Q1	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	1000000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	150000000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	25000000	usd
CY2024Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	5000000	usd
CY2023Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	6000000	usd
CY2024Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	21000000	usd
CY2023Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	17000000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	12000000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-178000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-214000000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	82000000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	64000000	usd
CY2024Q1	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets	7000000	usd
CY2023Q1	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-75000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-64000000	usd
CY2024Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	0	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-76000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-254000000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	610000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	792000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	534000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	538000000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	3601000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	148000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	35000000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.04
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	16000000	usd
CY2023Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	25000000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	14000000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	5000000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	3761000000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	4037000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	243000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-31000000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.05
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	20000000	usd
CY2024Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	150000000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	15000000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-7000000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	4086000000	usd
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4	segment
CY2023Q4	us-gaap	Restructuring Reserve RestructuringReserve	7000000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	369000000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	285000000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1000000	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-49000000	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-57000000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-17000000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	303000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	220000000	usd
CY2024Q1	us-gaap	Segment Expenditure Addition To Long Lived Assets SegmentExpenditureAdditionToLongLivedAssets	82000000	usd
CY2023Q1	us-gaap	Segment Expenditure Addition To Long Lived Assets SegmentExpenditureAdditionToLongLivedAssets	64000000	usd
CY2024Q1	hwm	Reversal Of Previous Severance Costs ReversalOfPreviousSeveranceCosts	0	usd
CY2023Q1	hwm	Reversal Of Previous Severance Costs ReversalOfPreviousSeveranceCosts	1000000	usd
CY2024Q1	hwm	Gain Loss On Divestitures Of Assets And Business Included In Restructuring Charges GainLossOnDivestituresOfAssetsAndBusinessIncludedInRestructuringCharges	1000000	usd
CY2023Q1	hwm	Gain Loss On Divestitures Of Assets And Business Included In Restructuring Charges GainLossOnDivestituresOfAssetsAndBusinessIncludedInRestructuringCharges	0	usd
CY2024Q1	us-gaap	Other Restructuring Costs OtherRestructuringCosts	1000000	usd
CY2023Q1	us-gaap	Other Restructuring Costs OtherRestructuringCosts	2000000	usd
CY2024Q1	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	0	usd
CY2023Q1	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	1000000	usd
CY2024Q1	us-gaap	Restructuring Reserve Accelerated Depreciation RestructuringReserveAcceleratedDepreciation	1000000	usd
CY2023Q1	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	1000000	usd
CY2023Q1	us-gaap	Restructuring Reserve Accelerated Depreciation RestructuringReserveAcceleratedDepreciation	2000000	usd
CY2024Q1	us-gaap	Payments For Restructuring PaymentsForRestructuring	1000000	usd
CY2024Q1	us-gaap	Restructuring Reserve RestructuringReserve	6000000	usd
CY2024Q1	hwm	Defined Benefit Plan Benefit Obligation Contributions And Payments DefinedBenefitPlanBenefitObligationContributionsAndPayments	5000000	usd
CY2023Q1	hwm	Defined Benefit Plan Benefit Obligation Contributions And Payments DefinedBenefitPlanBenefitObligationContributionsAndPayments	12000000	usd
CY2024Q1	hwm	Net Periodic Benefit Cost Nonservice NetPeriodicBenefitCostNonservice	7000000	usd
CY2023Q1	hwm	Net Periodic Benefit Cost Nonservice NetPeriodicBenefitCostNonservice	7000000	usd
CY2024Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	5000000	usd
CY2023Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	5000000	usd
CY2024Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-3000000	usd
CY2023Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	2000000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-7000000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-4000000	usd
CY2024Q1	us-gaap	Deferred Compensation Arrangement With Individual Compensation Expense DeferredCompensationArrangementWithIndividualCompensationExpense	5000000	usd
CY2023Q1	us-gaap	Deferred Compensation Arrangement With Individual Compensation Expense DeferredCompensationArrangementWithIndividualCompensationExpense	3000000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-17000000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7000000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.217
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.234
CY2024Q1	hwm	Effective Income Tax Rate Reconciliation Including Discrete Items Percent EffectiveIncomeTaxRateReconciliationIncludingDiscreteItemsPercent	0.198
CY2023Q1	hwm	Effective Income Tax Rate Reconciliation Including Discrete Items Percent EffectiveIncomeTaxRateReconciliationIncludingDiscreteItemsPercent	0.327
CY2024Q1	hwm	Discrete Income Tax Expense Benefit DiscreteIncomeTaxExpenseBenefit	-7000000	usd
CY2024Q1	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-1000000	usd
CY2023Q1	hwm	Discrete Income Tax Expense Benefit DiscreteIncomeTaxExpenseBenefit	21000000	usd
CY2023Q1	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	1000000	usd
CY2024Q1	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	66000000	usd
CY2023Q1	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	51000000	usd
CY2024Q1	us-gaap	Income Tax Reconciliation Tax Contingencies Foreign IncomeTaxReconciliationTaxContingenciesForeign	1000000	usd
CY2023Q1	us-gaap	Income Tax Reconciliation Tax Contingencies Foreign IncomeTaxReconciliationTaxContingenciesForeign	0	usd
CY2024Q1	us-gaap	Income Tax Reconciliation Tax Contingencies IncomeTaxReconciliationTaxContingencies	0	usd
CY2023Q1	us-gaap	Income Tax Reconciliation Tax Contingencies IncomeTaxReconciliationTaxContingencies	20000000	usd
CY2024Q1	us-gaap	Income Tax Reconciliation Other Reconciling Items IncomeTaxReconciliationOtherReconcilingItems	-7000000	usd
CY2023Q1	us-gaap	Income Tax Reconciliation Other Reconciling Items IncomeTaxReconciliationOtherReconcilingItems	1000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	60000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	72000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	243000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	148000000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	1000000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	1000000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	242000000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	242000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	147000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	147000000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	410000000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	412000000	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	2000000	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	6000000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	412000000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	418000000	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	408169673	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	411810073	shares
CY2021Q3	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1500000000	usd
CY2024Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	547000000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	2200000	shares
CY2024Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	66.87
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	150000000	usd
CY2023Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	600000	shares
CY2023Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	43.36
CY2023Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	25000000	usd
CY2024Q1	hwm	Weighted Average Shares Outstanding Basic Increase Decrease WeightedAverageSharesOutstandingBasicIncreaseDecrease	-2000000	shares
CY2024	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	7000000	shares
CY2024	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod	3000000	shares
CY2024Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	458000000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	451000000	usd
CY2024Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	873000000	usd
CY2023Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	891000000	usd
CY2024Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	386000000	usd
CY2023Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	355000000	usd
CY2024Q1	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	66000000	usd
CY2023Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	68000000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	1783000000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	1765000000	usd
CY2024Q1	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	464000000	usd
CY2023Q4	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	446000000	usd
CY2024Q1	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	237000000	usd
CY2023Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	236000000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	5181000000	usd
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CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3105000000	usd
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CY2024Q1	hwm	Properties Plants And Equipment Excluding Construction Work In Progress PropertiesPlantsAndEquipmentExcludingConstructionWorkInProgress	2076000000	usd
CY2023Q4	hwm	Properties Plants And Equipment Excluding Construction Work In Progress PropertiesPlantsAndEquipmentExcludingConstructionWorkInProgress	2104000000	usd
CY2024Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	218000000	usd
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CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2294000000	usd
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CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	38000000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	32000000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	16000000	usd
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	16000000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	146000000	usd
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CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	35000000	usd
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CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	112000000	usd
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CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	147000000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	129000000	usd
CY2024Q1	hwm	Other Long Term Debt Including Unamortized Debt Discounts And Issuance Costs OtherLongTermDebtIncludingUnamortizedDebtDiscountsAndIssuanceCosts	-9000000	usd
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CY2024Q1	us-gaap	Long Term Debt LongTermDebt	3692000000	usd
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CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	206000000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	206000000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3486000000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3500000000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	0	usd
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CY2024Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	usd
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CY2024Q1	us-gaap	Restricted Cash RestrictedCash	1000000	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	1000000	usd
CY2024Q1	hwm	Number Of Cleanup Locations NumberOfCleanupLocations	30	location
CY2023Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	17000000	usd
CY2024Q1	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	17000000	usd
CY2024Q1	us-gaap	Accrued Environmental Loss Contingencies Current AccruedEnvironmentalLossContingenciesCurrent	7000000	usd
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CY2024Q1	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	1000000	usd
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CY2024Q1	us-gaap	Guarantee Obligations Current Carrying Value GuaranteeObligationsCurrentCarryingValue	25000000	usd
CY2023Q4	us-gaap	Guarantees Fair Value Disclosure GuaranteesFairValueDisclosure	6000000	usd
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CY2023Q4	hwm	Insurance Annual Coverage Limit InsuranceAnnualCoverageLimit	80000000	usd
CY2024Q1	hwm	Amount Committed Under Outstanding Surety Bonds AmountCommittedUnderOutstandingSuretyBonds	43000000	usd
CY2024Q1	hwm	Separation And Distribution Agreement Surety Bonds Amount Outstanding SeparationAndDistributionAgreementSuretyBondsAmountOutstanding	21000000	usd
CY2024Q1	hwm	Amount Committed Under Outstanding Surety Bonds AmountCommittedUnderOutstandingSuretyBonds	43000000	usd
CY2023Q1	hwm	Supplier Finance Program Agreement Termination Notice Period SupplierFinanceProgramAgreementTerminationNoticePeriod	P30D
CY2023Q1	us-gaap	Supplier Finance Program Payment Timing Period SupplierFinanceProgramPaymentTimingPeriod	P120D
CY2024Q1	us-gaap	Supplier Finance Program Obligation Current SupplierFinanceProgramObligationCurrent	269000000	usd
CY2023Q4	us-gaap	Supplier Finance Program Obligation Current SupplierFinanceProgramObligationCurrent	258000000	usd

Files In Submission

Name	View Source	Status
0000004281-24-000014-index-headers.html	Edgar Link	pending
0000004281-24-000014-index.html	Edgar Link	pending
0000004281-24-000014.txt	Edgar Link	pending
0000004281-24-000014-xbrl.zip	Edgar Link	pending
ex31_1q24.htm	Edgar Link	pending
ex32_1q24.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
hwm-20240331.htm	Edgar Link	pending
hwm-20240331.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
hwm-20240331_cal.xml	Edgar Link	unprocessable
hwm-20240331_def.xml	Edgar Link	unprocessable
hwm-20240331_lab.xml	Edgar Link	unprocessable
hwm-20240331_pre.xml	Edgar Link	unprocessable
hwm-20240331_htm.xml	Edgar Link	completed
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$HWM
Howmet Aerospace Inc. Stock $hwm

2024 Q2 Form 10-Q Financial Statement

#000000428124000014 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HWM Howmet Aerospace Inc. Stock $hwm

2024 Q2 Form 10-Q Financial Statement

#000000428124000014 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HWM
Howmet Aerospace Inc. Stock $hwm