Table of Contents The carrying amount of the major classes of assets and liabilities related to Arconic Corporation classified as assets and liabilities of discontinued operations in the Consolidated Balance Sheet consisted of the following: Howmet is a global leader in lightweight metals engineering and manufacturing. Howmet’s innovative, multi-material products, which include nickel, titanium, aluminum, and cobalt, are used worldwide in the aerospace (commercial and defense), commercial transportation, and industrial and other end markets. Segment performance under Howmet’s management reporting system is evaluated based on a number of factors; however, the primary measure of performance is Segment operating profit. Howmet’s definition of Segment operating profit is Operating income excluding Special items. Special items include Restructuring and Other charges and Impairment of Goodwill. Segment operating profit may not be comparable to similarly titled measures of other companies. Differences between segment totals and consolidated Howmet are in Corporate. Following the Arconic Inc. Separation Transaction, Howmet’s operations consist of four worldwide reportable segments as follows: Engine Products produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines and industrial gas turbines. Engine Products produces rotating parts as well as structural parts. Fastening Systems produces aerospace fastening systems, as well as commercial transportation fasteners. The business’s high-tech, multi-material fastening systems are found nose to tail on aircraft and aero engines. The business’s products are also critical components of automobiles, commercial transportation vehicles, and construction and industrial equipment. Fastening Systems Engine Products D. Segment and Geographic Area Information December 31, 2019 Total Assets of Discontinued Operations Cash and cash equivalents $ 71  Receivables from customers 385  Other receivables 135  Inventories 822  Prepaid expenses and other current assets 29  Current assets of discontinued operations 1,442  Properties, plants, and equipment, net 2,834  Goodwill 426  Intangibles, net 60  Deferred income taxes 383  Other noncurrent assets 196  Noncurrent assets of discontinued operations 3,899  Total assets of discontinued operations $ 5,341  Total Liabilities of Discontinued Operations: Accounts payable, trade $ 1,067  Accrued compensation and retirement costs 147  Taxes, including income taxes 22  Other current liabilities 188  Current liabilities of discontinued operations 1,424  Accrued pension benefits 1,429  Accrued other postretirement benefits 514  Other noncurrent liabilities and deferred credits 315  Noncurrent liabilities of discontinued operations 2,258  Total liabilities of discontinued operations $ 3,682  62