Table of Contents Item 6. Selected Financial Data. (dollars in millions, except per-share amounts) The separation of Alcoa Inc. into two standalone, publicly-traded companies, Arconic Inc. (the new name for Alcoa Inc.) and Alcoa Corporation, became effective on November 1, 2016 (the “Separation Transaction”). The financial results of Alcoa Corporation for all periods prior to the Separation Transaction have been retrospectively reflected in the Statement of Consolidated Operations as discontinued operations and, as such, have been excluded from continuing operations and segment results for 2016 and all prior periods presented prior to the Separation Transaction. The cash flows related to Alcoa Corporation have not been segregated and are included in the Statement of Consolidated Cash Flows for 2016 and all prior periods presented. For the year ended December 31, 2018 2017 2016 2015 2014 Sales $ 14,014 $ 12,960 $ 12,394 $ 12,413 $ 12,542 Amounts attributable to Arconic: Income (loss) from continuing operations (1) $ 642 $ (74 ) $ (1,062 ) $ (157 ) $ (61 ) Income (loss) from discontinued operations (2) — — 121 (165) 329 Net income (loss) $ 642 $ (74 ) $ (941 ) $ (322 ) $ 268 Earnings (loss) per share attributable to Arconic common shareholders: (3) Basic: Income (loss) from continuing operations $ 1.33 $ (0.28) $ (2.58) $ (0.54) $ (0.21) Income (loss) from discontinued operations — — 0.27 (0.39 ) 0.85 Net income (loss) $ 1.33 $ (0.28) $ (2.31) $ (0.93) $ 0.64 Diluted: Income (loss) from continuing operations $ 1.30 $ (0.28) $ (2.58) $ (0.54) $ (0.21) Income (loss) from discontinued operations — — 0.27 (0.39 ) 0.84 Net income (loss) $ 1.30 $ (0.28) $ (2.31) $ (0.93) $ 0.63 Cash dividends declared per common share (1) $ 0.24 $ 0.24 $ 0.36 $ 0.36 $ 0.36 Total assets 18,693 18,718 20,038 36,477 37,298 Total debt 6,330 6,844 8,084 8,827 8,445 Cash provided from (used for) operations (4) 217 (39) 95 764 1,674 Capital expenditures: Capital expenditures—continuing operations 768 596 827 789 775 Capital expenditures—discontinued operations — — 298 391 444 Total capital expenditures $ 768 $ 596 $ 1,125 $ 1,180 $ 1,219 $^{(1)}$  Calculated from the accompanying Statement of Consolidated Operations as Income (loss) from continuing operations after income taxes less Net income from continuing operations attributable to noncontrolling interests. $^{(2)}$  Calculated from the accompanying Statement of Consolidated Operations as Income from discontinued operations after income taxes less Net income from discontinued operations attributable to noncontrolling interests. $^{(3)}$  Per share data has been retroactively restated to reflect the 1-for-3 reverse stock split which became effective on October 6, 2016 (see Note I  to the Consolidated Financial Statements in Part II, Item 8. (Financial Statements and Supplementary Data) of this Form 10-K). $^{(4)}$  Cash provided from (used for) operations has not been restated for discontinued operations presentation for 2016 and all prior periods presented (see Basis of Presentation section of Note A to the Consolidated Financial Statements in Part II, Item 8. (Financial Statements and Supplementary Data) of this Form 10-K). Cash provided from (used for) operations in 2014 has not been recast for the impact of the new accounting pronouncements that were adopted in the first quarter of 2018 (see Recently Adopted Accounting Guidance section of Note A to the Consolidated Financial Statements in Part II, Item 8. (Financial Statements and Supplementary Data) of this Form 10-K). The data presented in the Selected Financial Data table should be read in conjunction with the information provided in Management’s Discussion and Analysis of Financial Condition and Results of Operations in Part II, Item 7. and the Consolidated Financial Statements and Notes in Part II, Item 8. (Financial Statements and Supplementary Data) of this Form 10-K. 34