Why is Arconic restating its segment information?

Arconic is restating its segment information because of the separation of Alcoa Corporation on November 1, 2016. Certain assets previously within the Global Rolled Products (GRP) segment, specifically the Warrick rolling operations and the equity investment in Ma’aden Rolling Company, are now part of Alcoa Corporation and need to be excluded from Arconic's reporting.

What is the significance of the Investor Day mentioned in the filing?

The Investor Day event, scheduled for December 14, 2016, is significant because Arconic will provide detailed financial information and present the performance of its combined segments post-Alcoa separation. This event is a key opportunity for investors to understand the company's current financial structure and future outlook.

Where can I find the detailed financial information presented at Investor Day?

The detailed financial information and presentation materials for the Investor Day are attached to this 8-K filing as Exhibit 99.1 (Global Rolled Products and Combined Segment Information) and Exhibit 99.2 (Investor Day Presentation). These exhibits are incorporated by reference into the filing.

Is the information in this 8-K filing considered 'filed' or 'furnished'?

The information in Items 2.02 and 7.01 of this 8-K filing, along with the attached exhibits, is being furnished, not filed. This means it is provided for informational purposes and is not subject to the liabilities associated with 'filed' information under Section 18 of the Exchange Act, nor will it automatically be incorporated into future SEC registration statements.

HWM 8-K: Earnings & Results & Regulation FD

Summary

This 8-K filing from Arconic Inc. (formerly Howmet Aerospace Inc.) on December 14, 2016, primarily serves to provide updated financial information to investors following the separation of Alcoa Corporation. The company is adjusting its reporting for the Global Rolled Products (GRP) segment to exclude the Warrick rolling operations and its stake in Ma’aden Rolling Company, as these were transferred to Alcoa. The filing also announces an upcoming Investor Day event where further details on the company's combined segments (Engineered Products and Solutions, Transportation and Construction Solutions, and the updated GRP) will be presented. Investors should pay close attention to these updated segment reports to understand the post-separation financial structure and performance of Arconic.

Key Highlights

1Arconic Inc. (formerly Howmet Aerospace Inc.) is providing updated segment information following the separation from Alcoa Corporation.
2The Global Rolled Products (GRP) segment reporting is being adjusted to exclude divested assets (Warrick rolling operations and Ma'aden Rolling Company stake).
3The filing references an Investor Day event scheduled for December 14, 2016, to present combined segment performance.
4Financial information on the Engineered Products and Solutions, Transportation and Construction Solutions, and the revised GRP segments will be discussed.
5The information provided is furnished, not filed, and will not be incorporated into future SEC filings unless explicitly stated.
6Exhibit 99.1 details the updated GRP and combined segment information.
7Exhibit 99.2 is the presentation material for the Investor Day.

Howmet Aerospace Inc. 8-K Report, Financial Results (Dec 14, 2016)

Summary

Key Highlights

Frequently Asked Questions