← Filings of HWM
Tables in the 10-K of Howmet Aerospace Inc.
79 tables with numbers, filed Feb 12, 2026. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
| | Page |
| Part I | | |
| Item 1. | Business | 1 |
| Item 1A. | Risk Factors | 9 |
| Item 1B. | Unresolved Staff Comments | 16 |
| Item 1C. | Cybersecurity | 16 |
| Item 2. | Properties | 18 |
| Item 3. | Legal Proceedings | 18 |
First 8 of 29 rows. The CSV has all of them.
Table 2 after “Sales by market for the years ended December 31, 2025, 2024, and 2023, were:”
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| For the Year Ended December 31, | | | | |
| 2025 | 2024 | | 2023 | |
| Aerospace - Commercial | 53% | | 52% | | 49% |
| Aerospace - Defense | 17% | | 16% | | 15% |
| Commercial Transportation | 15% | | 17% | | 21% |
| Gas Turbines | 11% | | 10% | | 10% |
| Other | 4% | | 5% | | 5% |
| Country | Facility Location | Segment | Products |
| Australia | Oakleigh | Fastening Systems | Fasteners |
| Canada | Georgetown, Ontario(2) | Engine Products | Aerospace Castings |
| Laval, Québec | Engine Products; Engineered Structures | Aerospace Castings and Machining |
| China | Suzhou(2) | Engine Products; Fastening Systems; Forged Wheels | Fasteners, Rings and Wheels Machining |
| France | Dives-sur-Mer | Engine Products | Aerospace and Gas Turbine Castings |
| Evron | Engine Products | Aerospace and Specialty Castings |
| Gennevilliers | Engine Products | Aerospace and Gas Turbine Castings |
First 8 of 29 rows. The CSV has all of them.
| Country | Facility Location | Segment | Products |
| United States | Tucson, AZ(2) | Fastening Systems | Fasteners |
| Carson, CA(2) | Fastening Systems | Fasteners |
| City of Industry, CA(2) | Fastening Systems | Fasteners |
| Fontana, CA | Engine Products | Rings |
| Fullerton, CA(2) | Fastening Systems | Fasteners and Tooling |
| Rancho Cucamonga, CA | Engine Products | Rings |
| Torrance, CA | Fastening Systems | Fasteners |
First 8 of 30 rows. The CSV has all of them.
Table 5 after “The graph assumes, in each case, an initial investment of $100 on December 31, 2020, and the reinvestment of dividends. The graph, table and”
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| As of December 31, | 2020 | 2021 | | 2022 | 2023 | 2024 | | 2025 | | |
| Howmet Aerospace Inc. | $100.00 | | $111.67 | | $138.66 | | $191.13 | | $387.42 | $728.18 |
| S&P 500® Index | 100.00 | | 128.71 | | 105.40 | | 133.10 | | 166.40 | 196.16 |
| S&P 500® Industrials Index | 100.00 | | 121.12 | | 114.48 | | 135.24 | | 158.87 | 189.72 |
| S&P 500® Aerospace & Defense Index | 100.00 | | 113.22 | | 132.89 | | 141.88 | | 162.31 | 230.45 |
Table 6 after “The following table presents information with respect to the Company’s open-market repurchases of its common stock during the quarter ended ”
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| Period | Total Number of Shares Purchased | AveragePrice PaidPer Share(1) | | Total Number of Shares Purchased as Part of Publicly Announced Repurchase Plans or Programs | | ApproximateDollar Valueof Shares thatMay Yet BePurchased Underthe Plans orPrograms (in millions)(1)(2) | | |
| October 1 - October 31, 2025 | 521,208 | | $191.86 | | | 521,208 | | $1,597 |
| November 1 - November 30, 2025 | 2,988(3) | $204.57 | | | — | | $1,597 | |
| December 1 - December 31, 2025 | 506,463 | | $197.45 | | | 506,463 | | 1,497 |
| Total for quarter ended December 31, 2025 | 1,030,659 | | $194.61 | | | 1,027,671 | | |
| 2025 | 2024 | | 2023 | |
| Third-party sales | $4,320 | | $3,735 | | $3,266 |
| Segment Adjusted EBITDA | 1,438 | | 1,150 | | 887 |
| Segment Adjusted EBITDA Margin | 33.3% | | 30.8% | | 27.2% |
| 2025 | 2024 | | 2023 | |
| Third-party sales | $1,745 | | $1,576 | | $1,349 |
| Segment Adjusted EBITDA | 530 | | 406 | | 278 |
| Segment Adjusted EBITDA Margin | 30.4% | | 25.8% | | 20.6% |
| 2025 | 2024 | | 2023 | |
| Third-party sales | $1,148 | | $1,065 | | $878 |
| Segment Adjusted EBITDA | 243 | | 166 | | 113 |
| Segment Adjusted EBITDA Margin | 21.2% | | 15.6% | | 12.9% |
| 2025 | 2024 | | 2023 | |
| Third-party sales | $1,039 | | $1,054 | | $1,147 |
| Segment Adjusted EBITDA | 296 | | 287 | | 309 |
| Segment Adjusted EBITDA Margin | 28.5% | | 27.2% | | 26.9% |
Table 11 after “Reconciliation of Total Segment Adjusted EBITDA to Income before income taxes”
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| 2025 | 2024 | | 2023 | |
| Income before income taxes | $1,840 | | $1,383 | | $975 |
| Loss on debt redemption | 15 | | 6 | | 2 |
| Interest expense, net | 151 | | 182 | | 218 |
| Other expense, net(1) | 40 | | 62 | | 8 |
| Operating income | $2,046 | | $1,633 | | $1,203 |
| Segment provision for depreciation and amortization | 277 | | 270 | | 262 |
| Unallocated amounts: | | | | | |
First 8 of 11 rows. The CSV has all of them.
Table 12 after “The three major credit rating agencies have rated Howmet’s debt with investment grade ratings. The Company’s most recent short-term and long”
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| Short-Term | Long-Term | Outlook |
| S&P Global Ratings (“S&P”) | A-2 | BBB+ | Stable |
| Moody’s Investors Service (“Moody’s”) | P-2 | Baa1 | Stable |
| Fitch Investors Service (“Fitch”) | F1 | BBB+ | Stable |
Table 13 after “In order to better understand Howmet’s outstanding contractual obligations, the table below represents a summary of these commitments as of ”
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| Total | 2026 | | 2027-2028 | 2029-2030 | Thereafter | | |
| Operating activities: | | | | | | | | |
| Raw material purchase obligations | $249 | | $129 | | $80 | | $40 | $— |
| Purchase and other payment obligations | 28 | | 25 | | 3 | | — | — |
| Operating leases | 196 | | 52 | | 71 | | 33 | 40 |
| Interest related to total debt | 1,062 | | 141 | | 264 | | 203 | 454 |
| Pension contributions | 323 | | 60 | | 140 | | 123 | — |
| Other postretirement benefit payments | 40 | | 5 | | 9 | | 8 | 18 |
First 8 of 16 rows. The CSV has all of them.
Table 14 after “Item 8. Financial Statements and Supplementary Data.”
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| Page |
| Management’s Reports to Howmet Shareholders | 39 |
| Report of Independent Registered Public Accounting Firm (PCAOB ID 238) | 40 |
| Statement of Consolidated Operations for the Years Ended December 31, 2025, 2024, and 2023 | 42 |
| Statement of Consolidated Comprehensive Income for the Years Ended December 31, 2025, 2024, and 2023 | 43 |
| Consolidated Balance Sheet as of December 31, 2025 and 2024 | 44 |
| Statement of Consolidated Cash Flows for the Years Ended December 31, 2025, 2024, and 2023 | 45 |
| Statement of Changes in Consolidated Equity for the Years Ended December 31, 2025, 2024, and 2023 | 46 |
First 8 of 9 rows. The CSV has all of them.
Table 15 after “(in millions, except per-share amounts)”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Sales (C) | $8,252 | | $7,430 | | $6,640 |
| Cost of goods sold (exclusive of expenses below) | 5,432 | | 5,119 | | 4,773 |
| Selling, general administrative, and other expenses | 370 | | 347 | | 333 |
| Research and development expenses | 37 | | 33 | | 36 |
| Provision for depreciation and amortization | 283 | | 277 | | 272 |
| Restructuring and other charges (D) | 84 | | 21 | | 23 |
| Operating income | 2,046 | | 1,633 | | 1,203 |
First 8 of 22 rows. The CSV has all of them.
| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Net income | $1,508 | | $1,155 | | $765 |
| Other comprehensive income (loss), net of tax (K): | | | | | |
| Change in unrecognized net actuarial loss and prior service cost (benefit) related to pension and other postretirement benefits | 80 | | 17 | | (36) |
| Foreign currency translation adjustments | 155 | | (71) | | 57 |
| Net change in unrecognized (losses) gains on cash flow hedges | (30) | | 6 | | (10) |
| Total Other comprehensive income (loss), net of tax | 205 | | (48) | | 11 |
| Comprehensive income | $1,713 | | $1,107 | | $776 |
| December 31, | 2025 | 2024 | |
| Assets | | | |
| Current assets: | | | |
| Cash and cash equivalents | $742 | | $564 |
| Receivables from customers, less allowances of $— in both 2025 and 2024 (L) | 779 | | 689 |
| Other receivables (L) | 17 | | 20 |
| Inventories (M) | 1,849 | | 1,840 |
| Prepaid expenses and other current assets | 392 | | 249 |
First 8 of 40 rows. The CSV has all of them.
| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Operating activities | | | | | |
| Net income | $1,508 | | $1,155 | | $765 |
| Adjustments to reconcile net income to cash provided from operations: | | | | | |
| Depreciation and amortization | 283 | | 277 | | 272 |
| Deferred income taxes | 17 | | 55 | | 108 |
| Restructuring and other charges | 84 | | 21 | | 23 |
| Net realized and unrealized losses | 22 | | 25 | | 22 |
First 8 of 47 rows. The CSV has all of them.
Table 19 after “(in millions, except per-share amounts)”
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| Preferred stock | Common stock | Additional capital | Retained earnings | | Accumulated other comprehensive loss | | Total equity | | |
| Balance at December 31, 2022 | $55 | | $412 | | $3,947 | | $1,028 | | $(1,841) | $3,601 |
| Net income | — | | — | | — | | 765 | | — | 765 |
| Other comprehensive income (K) | — | | — | | — | | — | | 11 | 11 |
| Cash dividends declared: | | | | | | | | | | |
| Preferred–Class A @ $3.75 per share | — | | — | | — | | (2) | | — | (2) |
| Common @ $0.17 per share | — | | — | | — | | (71) | | — | (71) |
| Repurchase and retirement of common stock (I) | — | | (5) | | (246) | | — | | — | (251) |
First 8 of 30 rows. The CSV has all of them.
Table 20 after “The following table details the weighted-average useful lives of structures and machinery and equipment by reporting segment (numbers in yea”
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| Structures | Machinery and equipment |
| Engine Products | 29 | 16 |
| Fastening Systems | 27 | 17 |
| Engineered Structures | 29 | 20 |
| Forged Wheels | 27 | 18 |
Table 21 after “The following table details the weighted-average useful lives of software and other intangible assets by reporting segment (numbers in years”
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| Software | Other intangible assets |
| Engine Products | 6 | 33 |
| Fastening Systems | 6 | 23 |
| Engineered Structures | 3 | 19 |
| Forged Wheels | 4 | 25 |
Table 22 after “The operating results and assets of the Company's reportable segments were as follows:”
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| Year ended | Engine Products | Fastening Systems | | Engineered Structures | Forged Wheels | Total Segment | | |
| 2025 | | | | | | | | |
| Sales: | | | | | | | | |
| Third-party sales | $4,320 | | $1,745 | | $1,148 | | $1,039 | $8,252 |
| Inter-segment sales | 7 | | 1 | | 9 | | — | 17 |
| Total sales | $4,327 | | $1,746 | | $1,157 | | $1,039 | $8,269 |
| Expenses: | | | | | | | | |
| Segment Adjusted cost of goods sold(1) | $2,776 | | $1,098 | | $880 | | $700 | $5,454 |
First 8 of 43 rows. The CSV has all of them.
| Other: | | | | | |
| Capital expenditures | $112 | $31 | $26 | $36 | $205 |
| Total assets | 4,926 | 2,749 | 1,415 | 724 | 9,814 |
Table 24 after “The following table reconciles Total segment capital expenditures, which are presented on an accrual basis, with Capital expenditures as pre”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Total segment capital expenditures | $440 | | $310 | | $205 |
| Corporate | 13 | | 11 | | 14 |
| Capital expenditures | $453 | | $321 | | $219 |
Table 25 after “The following tables reconcile certain segment information to consolidated totals.”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Total Segment Adjusted EBITDA | $2,507 | | $2,009 | | $1,587 |
| Segment provision for depreciation and amortization | (277) | | (270) | | (262) |
| Unallocated amounts: | | | | | |
| Restructuring and other charges (D) | (84) | | (21) | | (23) |
| Corporate expense(1) | (100) | | (85) | | (99) |
| Operating income | $2,046 | | $1,633 | | $1,203 |
| Loss on debt redemption | (15) | | (6) | | (2) |
First 8 of 11 rows. The CSV has all of them.
Table 26 after “Corporate expense includes selling, general administrative and other expenses, costs of corporate headquarters, plant fire reimbursements, a”
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| December 31, | 2025 | 2024 | |
| Assets: | | | |
| Total segment assets | $10,408 | | $9,912 |
| Unallocated amounts: | | | |
| Cash and cash equivalents | 742 | | 564 |
| Deferred income taxes | 40 | | 36 |
| Corporate fixed assets, net | 77 | | 83 |
| Accounts receivable securitization | (250) | | (250) |
First 8 of 10 rows. The CSV has all of them.
Table 27 after “Geographic information for sales was as follows (based upon the destination of the sale):”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Sales: | | | | | |
| United States | $4,377 | | $3,713 | | $3,273 |
| France | 625 | | 678 | | 578 |
| Japan | 513 | | 355 | | 378 |
| Germany | 439 | | 458 | | 363 |
| United Kingdom | 376 | | 350 | | 283 |
| Italy | 264 | | 287 | | 220 |
First 8 of 14 rows. The CSV has all of them.
Table 28 after “Geographic information for long-lived tangible assets was as follows (based upon the physical location of the assets):”
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| December 31, | 2025 | 2024 | |
| Long-lived assets: | | | |
| United States | $1,986 | | $1,864 |
| Hungary | 218 | | 199 |
| United Kingdom | 153 | | 121 |
| France | 130 | | 112 |
| Mexico | 63 | | 68 |
| Germany | 62 | | 54 |
First 8 of 11 rows. The CSV has all of them.
Table 29 after “The following table disaggregates segment revenue by major market served. Differences between the total segment and consolidated totals are ”
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| Engine Products | Fastening Systems | | Engineered Structures | Forged Wheels | Total Segment | | |
| Year ended December 31, 2025 | | | | | | | | |
| Aerospace - Commercial | $2,355 | | $1,202 | | $765 | | $— | $4,322 |
| Aerospace - Defense | 900 | | 176 | | 333 | | — | 1,409 |
| Commercial Transportation | — | | 209 | | — | | 1,039 | 1,248 |
| Gas Turbines | 944 | | — | | — | | — | 944 |
| Other | 121 | | 158 | | 50 | | — | 329 |
| Total end-market revenue | $4,320 | | $1,745 | | $1,148 | | $1,039 | $8,252 |
First 8 of 22 rows. The CSV has all of them.
Table 30 after “Restructuring and other charges were comprised of the following:”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Layoff costs | $3 | | $10 | | $3 |
| Net reversals of previously recorded layoff reserves | (3) | | (3) | | (1) |
| Pension and other post-retirement benefits - net settlements (G) | 89 | | — | | 5 |
| Non-cash asset impairments and accelerated depreciation | — | | 2 | | 14 |
| Net (gains) loss related to divestitures of assets and businesses | (6) | | 12 | | (1) |
| Other | 1 | | — | | 3 |
| Total restructuring and other charges | $84 | | $21 | | $23 |
Table 31 after “Activity and reserve balances for restructuring charges were as follows:”
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| Layoff costs | Other exit costs | | Total | |
| Reserve balances at December 31, 2022 | $6 | | $2 | | $8 |
| 2023 Activity | | | | | |
| Cash payments | (3) | | (3) | | (6) |
| Restructuring and other charges | 7 | | 16 | | 23 |
| Other(1) | (5) | | (13) | | (18) |
| Reserve balances at December 31, 2023 | $5 | | $2 | | $7 |
| 2024 Activity | | | | | |
First 8 of 17 rows. The CSV has all of them.
| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Amount charged to interest expense, net | $151 | | $182 | | $218 |
| Loss on debt redemption (Q) | 15 | | 6 | | 2 |
| Amount capitalized | 10 | | 7 | | 6 |
| Total interest cost | $176 | | $195 | | $226 |
| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Non-service costs - pension and other postretirement benefits (G) | $27 | | $29 | | $29 |
| Interest income | (20) | | (20) | | (23) |
| Foreign currency (gains) losses, net | (3) | | 13 | | (2) |
| Net realized and unrealized losses(1) | 22 | | 25 | | 22 |
| Deferred compensation | 15 | | 15 | | 10 |
| Legal proceeding(2) | — | | — | | (25) |
| Other, net | (1) | | — | | (3) |
First 8 of 9 rows. The CSV has all of them.
| Pension benefits | Other postretirement benefits | | | | |
| December 31, | 2025 | 2024 | | 2025 | 2024 | |
| Change in benefit obligation | | | | | | |
| Benefit obligation at beginning of year | $1,496 | | $1,592 | | $60 | $103 |
| Service cost | 2 | | 3 | | — | 1 |
| Interest cost | 75 | | 75 | | 4 | 5 |
| Amendments | — | | — | | — | (2) |
| Actuarial losses (gains)(1) | 34 | | (58) | | (12) | (36) |
First 8 of 37 rows. The CSV has all of them.
Table 35 after “Pension Plan Benefit Obligations”
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| Pension benefits | | |
| 2025 | 2024 | |
| The projected benefit obligation and accumulated benefit obligation for all defined benefit pension plans were as follows: | | | |
| Projected benefit obligation | $1,371 | | $1,496 |
| Accumulated benefit obligation | 1,369 | | 1,495 |
| The aggregate projected benefit obligation and fair value of plan assets for pension plans with projected benefit obligations in excess of plan assets were as follows: | | | |
| Projected benefit obligation | 1,370 | | 1,380 |
| Fair value of plan assets | 809 | | 739 |
First 8 of 11 rows. The CSV has all of them.
Table 36 after “Components of Net Periodic Benefit Cost”
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| Pension benefits(1) | Other postretirement benefits | | | | | | | | |
| For the year ended December 31, | 2025 | 2024 | | 2023 | 2025 | 2024 | | 2023 | | |
| Service cost | $2 | | $3 | | $3 | | $— | | $1 | $1 |
| Interest cost | 75 | | 75 | | 80 | | 4 | | 5 | 7 |
| Expected return on plan assets | (66) | | (70) | | (74) | | — | | — | — |
| Recognized net actuarial loss (gain) | 31 | | 32 | | 28 | | (8) | | (3) | (3) |
| Amortization of prior service benefit | — | | — | | — | | (9) | | (10) | (9) |
| Settlements(2) | 88 | | — | | 5 | | — | | — | — |
First 8 of 10 rows. The CSV has all of them.
Table 37 after “Weighted average assumptions used to determine benefit obligations for pension and other postretirement benefit plans were as follows:”
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| December 31, | 2025 | 2024 | |
| Discount rate | 5.30% | | 5.60% |
| Cash balance plan interest crediting rate | 3.00% | | 3.00% |
Table 38 after “Weighted average assumptions used to determine net periodic benefit cost for pension and other postretirement benefit plans were as follows:”
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| 2025 | 2024 | | 2023 | |
| Discount rate to calculate service cost(1) | 5.60% | | 5.10% | | 5.50% |
| Discount rate to calculate interest cost(1) | 5.30% | | 4.90% | | 5.30% |
| Expected long-term rate of return on plan assets | 7.00% | | 6.70% | | 6.70% |
| Cash balance plan interest crediting rate | 3.00% | | 3.00% | | 3.00% |
Table 39 after “Assumed health care cost trend rates for U.S. other postretirement benefit plans were as follows:”
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| 2025 | 2024 | | 2023 | |
| Health care cost trend rate assumed for next year | 5.50% | | 5.50% | | 5.50% |
| Rate to which the cost trend rate gradually declines | 4.50% | | 4.50% | | 4.50% |
| Year that the rate reaches the rate at which it is assumed to remain | 2028 | 2027 | | 2026 | |
Table 40 after “Howmet’s pension plans’ investment policy as of December 31, 2025 by asset class, were as follows:”
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| Asset class | Policy range(1) |
| Equities | 20–55% |
| Fixed income | 25–55% |
| Other investments | 15–35% |
Table 41 after “The following table presents the fair value of pension plan assets classified under the appropriate level of the fair value hierarchy or net”
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| December 31, 2025 | Level 1 | Level 2 | | Net Asset Value | Total | |
| Equities: | | | | | | |
| Equity securities | $2 | | $224 | | $207 | $433 |
| Long/short equity hedge funds | — | | — | | 17 | 17 |
| Private equity | — | | — | | 101 | 101 |
| $2 | | $224 | | $325 | $551 |
| Fixed income: | | | | | | |
| Intermediate and long duration government/credit | $127 | | $2 | | $— | $129 |
First 8 of 15 rows. The CSV has all of them.
Table 42 after “The following table presents the fair value of pension plan assets classified under the appropriate level of the fair value hierarchy or net”
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| December 31, 2024 | Level 1 | Level 2 | | Net Asset Value | Total | |
| Equities: | | | | | | |
| Equity securities | $1 | | $130 | | $300 | $431 |
| Long/short equity hedge funds | — | | — | | 20 | 20 |
| Private equity | — | | — | | 112 | 112 |
| $1 | | $130 | | $432 | $563 |
| Fixed income: | | | | | | |
| Intermediate and long duration government/credit | $71 | | $57 | | $— | $128 |
First 8 of 16 rows. The CSV has all of them.
Table 43 after “Benefit payments expected to be paid to pension and other postretirement benefit plans’ participants utilizing the current assumptions outli”
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| For the year ended December 31, | Pension benefits | Other post- retirement benefits | |
| 2026 | $119 | | $5 |
| 2027 | 117 | | 5 |
| 2028 | 117 | | 4 |
| 2029 | 115 | | 4 |
| 2030 | 119 | | 4 |
| 2031 - 2035 | 541 | | 18 |
| Total | $1,128 | | $40 |
Table 44 after “The components of income before income taxes were as follows:”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| United States | $1,374 | | $901 | | $538 |
| Foreign | 466 | | 482 | | 437 |
| Total | $1,840 | | $1,383 | | $975 |
Table 45 after “The provision for income taxes consisted of the following:”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Current: | | | | | |
| Federal(1) | $181 | | $70 | | $5 |
| Foreign | 116 | | 98 | | 94 |
| State and local | 18 | | 4 | | 2 |
| 315 | | 172 | | 101 |
| Deferred: | | | | | |
| Federal | 34 | | 43 | | 92 |
First 8 of 12 rows. The CSV has all of them.
Table 46 after “A reconciliation of the U.S. federal statutory rate to Howmet’s effective tax rate, with prior years recategorized based on guidance issued ”
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| For the year ended December 31, | 2025 | | 2024 | | 2023 | | | | | |
| Amount | Percent | | Amount | Percent | | Amount | Percent | | |
| U.S. federal statutory tax rate | $387 | | 21.0% | | | $290 | | 21.0% | $205 | 21.0% |
| U.S. state and local income tax, net of federal income tax effect (1) | 12 | | 0.6 | | | 1 | | 0.1 | 3 | 0.3 |
| Foreign tax effects | | | | | | | | | | |
| Hungary | | | | | | | | | | |
| Statutory tax rate difference between Hungary and United States | (19) | | (1.0) | | | (18) | | (1.3) | (17) | (1.7) |
| Other | (1) | | (0.1) | | | 1 | | 0.1 | (3) | (0.3) |
First 8 of 22 rows. The CSV has all of them.
Table 47 after “Total cash paid for income taxes (net of any income tax refunds received) was as follows:”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| U.S. Federal | $188 | | $93 | | $2 |
| U.S. State | 14 | | 7 | | 1 |
| Foreign: | | | | | |
| Germany | 33 | | 28 | | 18 |
| France | 25 | | 11 | | 34 |
| China | 18 | | 10 | | 8 |
| Japan | 9 | | (1) | | 22 |
First 8 of 11 rows. The CSV has all of them.
Table 48 after “The components of net deferred tax assets and liabilities were as follows:”
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| 2025 | 2024 | | | | |
| December 31, | Deferred tax assets | Deferred tax liabilities | | Deferred tax assets | Deferred tax liabilities | |
| Depreciation | $4 | | $550 | | $8 | $529 |
| R&D capitalization | 63 | | — | | 73 | — |
| Employee benefits | 223 | | 7 | | 232 | 9 |
| Loss provisions | 14 | | 1 | | 11 | 2 |
| Deferred income/expense | 52 | | 245 | | 46 | 293 |
| Derivatives and hedging activities | 9 | | — | | — | — |
First 8 of 14 rows. The CSV has all of them.
Table 49 after “The following table details the expiration periods of the deferred tax assets presented above:”
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| December 31, 2025 | Expires within 10 years | Expires within 11-20 years | | NoExpiration(1) | Other(2) | Total | | |
| Tax loss carryforwards | $399 | | $345 | | $1,206 | | $— | $1,950 |
| Tax credit carryforwards | 85 | | 6 | | 7 | | — | 98 |
| Other(3) | — | | — | | 325 | | 47 | 372 |
| Valuation allowance | (436) | | (337) | | (970) | | (7) | (1,750) |
| Total | $48 | | $14 | | $568 | | $40 | $670 |
Table 50 after “The following table details the changes in the valuation allowance:”
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| December 31, | 2025 | 2024 | | 2023 | |
| Balance at beginning of year | $1,705 | | $1,821 | | $1,965 |
| Increase to allowance | 5 | | 20 | | 21 |
| Release of allowance | (113) | | (127) | | (198) |
| Acquisitions, divestitures and liquidations | — | | 75 | | (16) |
| Tax apportionment, tax rate and tax law changes | (4) | | (2) | | (11) |
| Foreign currency translation | 157 | | (82) | | 60 |
| Balance at end of year | $1,750 | | $1,705 | | $1,821 |
Table 51 after “A reconciliation of the beginning and ending amount of unrecognized tax benefits (excluding interest and penalties) was as follows:”
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| December 31, | 2025 | 2024 | | 2023 | |
| Balance at beginning of year | $1 | | $16 | | $2 |
| Additions for tax positions of the current year | 1 | | — | | 1 |
| Additions for tax positions of prior years | 2 | | — | | 13 |
| Settlements with tax authorities | — | | (14) | | — |
| Foreign currency translation | — | | (1) | | — |
| Balance at end of year | $4 | | $1 | | $16 |
| Balance at December 31, 2022 | 412,155,057 |
| Issued for stock-based compensation plans | 2,993,340 |
| Repurchase and retirement of common stock | (5,233,936) |
| Balance at December 31, 2023 | 409,914,461 |
| Issued for stock-based compensation plans | 1,287,412 |
| Repurchase and retirement of common stock | (5,770,512) |
| Balance at December 31, 2024 | 405,431,361 |
| Issued for stock-based compensation plans | 549,976 |
First 8 of 10 rows. The CSV has all of them.
Table 53 after “The following table provides details for share repurchases during 2025, 2024, and 2023:”
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| Number of shares | Average price per share(1) | | Total | |
| Q1 2025 open market repurchase | 1,006,102 | | $124.24 | | $125 |
| Q2 2025 open market repurchase | 1,229,313 | | $142.36 | | $175 |
| Q3 2025 open market repurchase | 1,097,686 | | $182.20 | | $200 |
| Q4 2025 open market repurchase | 1,027,671 | | $194.61 | | $200 |
| 2025 Share repurchase total | 4,360,772 | | $160.52 | | $700 |
| Q1 2024 open market repurchase | 2,243,259 | | $66.87 | | $150 |
| Q2 2024 open market repurchase | 734,737 | | $81.66 | | $60 |
First 8 of 16 rows. The CSV has all of them.
Table 54 after “The fair value of PRSUs was estimated at the date of grant using the closing stock price for the performance component and the Monte Carlo m”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Weighted average grant date fair value | $154.72 | | $72.65 | | $47.59 |
| Volatility | 29.7% | | 27.7% | | 39.0% |
| Risk-free interest rate | 4.2% | | 4.4% | | 4.4% |
Table 55 after “The activity for RSUs, PRSUs, and options during 2025 was as follows (options and awards in millions in the tables below):”
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| RSUs | PRSUs | | | | |
| Number of awards | Weighted average FMV per award | | Number of awards | Weighted average FMV per award | |
| Outstanding, December 31, 2024 | 1.5 | | $44.57 | | 0.6 | $57.13 |
| Granted | 0.4 | | 160.52 | | 0.2 | 154.72 |
| Converted | (0.4) | | 35.22 | | (0.4) | 36.68 |
| Forfeited | — | | 69.61 | | — | 78.43 |
| Performance share adjustment | — | | — | | 0.2 | 36.68 |
| Outstanding, December 31, 2025 | 1.5 | | $81.44 | | 0.6 | $89.88 |
| Stock options | | | | | |
| Number of options | Weighted average exercise price per option | | Weighted average remaining contractual life | Total intrinsic value | |
| Outstanding, December 31, 2024 | 0.1 | | $20.98 | | | |
| Exercised | — | | 18.08 | | | |
| Outstanding, December 31, 2025 | 0.1 | | $23.27 | | 1.7 | $15 |
Table 57 after “Stock options were last granted in 2018. All of the stock options outstanding were fully vested and exercisable.”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Cash received from stock option exercises | $1 | | $8 | | $11 |
| Total tax benefit realized from stock option exercises | $2 | | $3 | | $2 |
| Intrinsic value of stock options exercised | $9 | | $16 | | $9 |
| Intrinsic value of RSUs and PRSUs converted | $126 | | $117 | | $187 |
Table 58 after “The information used to compute basic and diluted EPS attributable to Howmet common shareholders was as follows (shares in millions in the t”
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| For the year ended December 31, | 2025 | 2024 | | 2023 | |
| Net income attributable to common shareholders | $1,508 | | $1,155 | | $765 |
| Less: preferred stock dividends declared | 2 | | 2 | | 2 |
| Net income available to Howmet Aerospace common shareholders - basic and diluted | $1,506 | | $1,153 | | $763 |
| Average shares outstanding - basic | 404 | | 408 | | 412 |
| Effect of dilutive securities: | | | | | |
| Stock and performance awards | 2 | | 2 | | 4 |
| Average shares outstanding - diluted | 406 | | 410 | | 416 |
Table 59 after “The following table details the activity of the three components that comprise Accumulated other comprehensive loss:”
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| 2025 | 2024 | | 2023 | |
| Pension and other postretirement benefits (G) | | | | | |
| Balance at beginning of period | $(672) | | $(689) | | $(653) |
| Other comprehensive income (loss): | | | | | |
| Unrecognized net actuarial gain (loss) and prior service cost/benefit | 2 | | 3 | | (68) |
| Tax (expense) benefit | — | | (1) | | 15 |
| Total Other comprehensive income (loss) before reclassifications, net of tax | 2 | | 2 | | (53) |
| Amortization of net actuarial loss and prior service cost(1) | 103 | | 19 | | 21 |
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| December 31, | 2025 | 2024 | |
| Finished goods | $462 | | $458 |
| Work-in-process | 885 | | 903 |
| Purchased raw materials | 424 | | 408 |
| Operating supplies | 78 | | 71 |
| Total inventories | $1,849 | | $1,840 |
Table 61 after “Properties, Plants, and Equipment, Net”
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| December 31, 2025 | December 31, 2024 | |
| Land and land rights | $85 | | $84 |
| Structures | 1,134 | | 1,025 |
| Machinery and equipment | 4,275 | | 4,118 |
| 5,494 | | 5,227 |
| Less: accumulated depreciation and amortization | 3,236 | | 3,150 |
| 2,258 | | 2,077 |
| Construction work-in-progress | 335 | | 309 |
First 8 of 9 rows. The CSV has all of them.
Table 62 after “The following table details the changes in the carrying amount of goodwill:”
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| Engine Products | Fastening Systems | | Engineered Structures | Forged Wheels | Total | | |
| Balances at December 31, 2023 | | | | | | | | |
| Goodwill | $2,843 | | $1,604 | | $306 | | $7 | $4,760 |
| Accumulated impairment losses | (719) | | (4) | | (2) | | — | (725) |
| Goodwill, net | 2,124 | | 1,600 | | 304 | | 7 | 4,035 |
| Translation and other | (17) | | (7) | | (1) | | — | (25) |
| Balances at December 31, 2024 | | | | | | | | |
| Goodwill | 2,826 | | 1,597 | | 305 | | 7 | 4,735 |
First 8 of 16 rows. The CSV has all of them.
Table 63 after “Other intangible assets were as follows:”
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| December 31, 2025 | Gross carrying amount | Accumulated amortization | | Intangibles, net | |
| Computer software | $221 | | $(187) | | $34 |
| Patents and licenses | 66 | | (66) | | — |
| Other intangibles | 671 | | (270) | | 401 |
| Total amortizable intangible assets | 958 | | (523) | | 435 |
| Indefinite-lived trade names and trademarks | 22 | | — | | 22 |
| Total intangible assets, net | $980 | | $(523) | | $457 |
Table 64 after “Other intangible assets were as follows:”
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| December 31, 2024 | Gross carrying amount | Accumulated amortization | | Intangibles, net | |
| Computer software | $217 | | $(185) | | $32 |
| Patents and licenses | 66 | | (66) | | — |
| Other intangibles | 689 | | (268) | | 421 |
| Total amortizable intangible assets | 972 | | (519) | | 453 |
| Indefinite-lived trade names and trademarks | 22 | | — | | 22 |
| Total intangible assets, net | $994 | | $(519) | | $475 |
Table 65 after “Operating lease right-of-use assets and lease liabilities in the Consolidated Balance Sheet were as follows:”
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| December 31, | 2025 | 2024 | |
| Right-of-use assets classified in Other noncurrent assets | $162 | | $155 |
| Current portion of lease liabilities classified in Other current liabilities | $42 | | $37 |
| Long-term portion of lease liabilities classified in Other noncurrent liabilities and deferred credits | 121 | | 119 |
| Total lease liabilities | $163 | | $156 |
Table 66 after “Future minimum contractual operating lease obligations were as follows at December 31, 2025:”
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| 2026 | $52 |
| 2027 | 42 |
| 2028 | 29 |
| 2029 | 19 |
| 2030 | 14 |
| Thereafter | 40 |
| Total lease payments | $196 |
| Less: Imputed interest | (33) |
First 8 of 9 rows. The CSV has all of them.
Table 67 after “Future minimum contractual operating lease obligations were as follows at December 31, 2025:”
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| December 31, | 2025 | 2024 | | 2023 | |
| Right-of-use assets obtained in exchange for operating lease obligations | $50 | | $66 | | $68 |
| Weighted-average remaining lease term in years | 5.7 | 5.9 | | 6.4 | |
| Weighted-average discount rate | 5.4% | | 5.7% | | 5.9% |
| December 31, | 2025 | 2024 | |
| USD Term Loan Agreement, due 2026(1) | — | | 140 |
| JPY Term Loan Agreement, due 2026(2) | 191 | | 188 |
| 5.900% Notes, due 2027 | — | | 625 |
| 6.750% Bonds, due 2028 | 300 | | 300 |
| 3.000% Notes, due 2029 | 700 | | 700 |
| 4.850% Notes, due 2031(3) | 500 | | 500 |
| 4.550% Notes, due 2032 | 500 | | — |
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Table 69 after “The fair value of Long-term debt, less Long-term debt due within one year, was based on quoted market prices for public debt and on interest”
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| | 2025 | 2024 | | | | |
| December 31, | | Carrying value | Fair value | | Carrying value | Fair value | |
| Available-for-sale securities | Level 1 | $18 | | $18 | | $25 | $25 |
| Held-to-maturity investments | Level 2 | $5 | | $5 | | $— | $— |
| Long-term debt, less amount due within one year | Level 2 | $2,859 | | $2,919 | | $3,309 | $3,298 |
Table 70 after “Cash paid for interest and income taxes was as follows:”
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| 2025 | 2024 | | 2023 | |
| Interest, net of amounts capitalized | $157 | | $180 | | $221 |
| Income taxes, net of amounts refunded | $312 | | $177 | | $104 |
Table 71 after “for the years ended December 31, 2025, and 2024 are as follows:”
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| 2025 | 2024 | |
| Confirmed obligations outstanding at the beginning of the year | $268 | | $258 |
| Invoices confirmed during the year | 881 | | 877 |
| Confirmed invoices paid during the year | (883) | | (867) |
| Confirmed obligations outstanding at the end of the year | $266 | | $268 |
Table 72 after “Equity Compensation Plan Information”
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| Plan Category | Number of securities tobe issued upon exercise ofoutstanding options, warrants and rights | Weighted-averageexercise price ofoutstanding options, warrants and rights | | Number of securities remaining available for future issuance underequity compensationplans (excludingsecurities reflected in column (a)) | | |
| (a) | (b) | | (c) | | |
| Equity compensation plans approved by security holders(1) | 2,125,517(1) | $23.27 | | | 18,044,495(2) | |
| Equity compensation plans not approved by security holders | — | | — | | | — |
| Total | 2,125,517 | | $23.27 | | | 18,044,495 |
| ExhibitNumber | Description* |
| 2(a) | Separation and Distribution Agreement, dated as of October 31, 2016, by and between Arconic Inc. and Alcoa Corporation, incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K dated November 4, 2016. |
| 2(b) | Tax Matters Agreement, dated as of October 31, 2016, by and between Arconic Inc. and Alcoa Corporation, incorporated by reference to Exhibit 2.3 to the Company’s Current Report on Form 8-K dated November 4, 2016. |
| 2(c) | Employee Matters Agreement, dated as of October 31, 2016, by and between Arconic Inc. and Alcoa Corporation, incorporated by reference to Exhibit 2.4 to the Company’s Current Report on Form 8-K dated November 4, 2016. |
| 2(c)(1) | Amendment No. 1, dated December 13, 2016, to Employee Matters Agreement, dated as of October 31, 2016, by and between Arconic Inc. and Alcoa Corporation, incorporated by reference to Exhibit 2(e)(1) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. |
| 2(d) | Alcoa Corporation to Arconic Inc. Patent, Know-How, and Trade Secret License Agreement, dated as of October 31, 2016, by and between Alcoa USA Corp. and Arconic Inc., incorporated by reference to Exhibit 2.5 to the Company’s Current Report on Form 8-K dated November 4, 2016. |
| 2(d)(1) | First Amendment, effective as of November 1, 2016, to the Patent, Know-How and Trade Secret License Agreement by and between Alcoa USA Corp. and Arconic Inc., incorporated by reference to Exhibit 2(d)(1) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. |
| 2(d)(2) | Second Amendment, effective as of October 18, 2021, to the Patent, Know-How and Trade Secret License Agreement by and between Alcoa USA Corp. and Arconic Inc., incorporated by reference to Exhibit 2(d)(2) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. |
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| 2(j)(1) | First Amendment to Employee Matters Agreement, dated as of April 10, 2020, by and between Howmet Aerospace Inc. and Arconic Corporation, incorporated by reference to Exhibit 2.1 to the Company's Current Report on Form 8-K filed on April 13, 2020. |
| 2(k) | Patent, Know-How, and Trade Secret License Agreement, dated as of March 31, 2020, by and between Arconic Inc. and Arconic Rolled Products Corporation, incorporated by reference to Exhibit 2.4 to the Company's Current Report on Form 8-K filed on April 6, 2020. |
| 2(k)(1) | Amendment No. 1, effective as of August 25, 2020, to Patent, Know-How, and Trade Secret License Agreement, dated as of March 31, 2020, by and between Arconic Inc. and Arconic Rolled Products Corporation, incorporated by reference to Exhibit 2(m)(1) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. |
| 2(l) | Patent, Know-How, and Trade Secret License Agreement, dated as of March 31, 2020, by and between Arconic Rolled Products Corporation and Arconic Inc., incorporated by reference to Exhibit 2.5 to the Company's Current Report on Form 8-K filed on April 6, 2020. |
| 2(m) | Trademark License Agreement, dated as of March 31, 2020, by and between Arconic Rolled Products Corporation and Arconic Inc., incorporated by reference to Exhibit 2.6 to the Company's Current Report on Form 8-K filed on April 6, 2020. |
| 2(n) | Trademark License Agreement, dated as of March 31, 2020, by and between Arconic Inc. and Arconic Rolled Products Corporation, incorporated by reference to Exhibit 2.7 to the Company's Current Report on Form 8-K filed on April 6, 2020. |
| 2(o) | Master Agreement for Product Supply, dated as of March 31, 2020, by and between Arconic Massena LLC, Arconic Lafayette LLC, Arconic Davenport LLC and Arconic Inc., incorporated by reference to Exhibit 2.8 to the Company's Current Report on Form 8-K filed on April 6, 2020. |
| 2(p) | Second Supplemental Tax and Project Certificate and Agreement, effective as of April 1, 2020, by and among Arconic Inc., Arconic Davenport LLC and Arconic Rolled Products Corporation, incorporated by reference to Exhibit 2.9 to the Company's Current Report on Form 8-K filed on April 6, 2020. |
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| 4(c)(2) | Second Supplemental Indenture, dated as of July 15, 2008, between Alcoa Inc. and The Bank of New York Mellon Trust Company, N.A., as successor in interest to J. P. Morgan Trust Company, National Association (formerly Chase Manhattan Trust Company, National Association, as successor to PNC Bank, National Association), as Trustee, incorporated by reference to Exhibit 4(c) to the Company’s Current Report on Form 8-K dated July 15, 2008. |
| 4(c)(3) | Fourth Supplemental Indenture, dated as of December 31, 2017, between Arconic Inc., a Pennsylvania corporation, Arconic Inc., a Delaware corporation, and The Bank of New York Mellon Trust Company, N.A., as trustee, incorporated by reference to Exhibit 4.3 to the Company’s Current Report on Form 8-K dated January 4, 2018. |
| 4(c)(4) | Fifth Supplemental Indenture, dated as of April 16, 2020, between Howmet Aerospace Inc., a Delaware corporation, and The Bank of New York Mellon Trust Company, N.A., as trustee, incorporated by reference to Exhibit 4(e) to the Company’s Registration Statement on Form S-3 (Registration Statement No. 333-237705) dated April 16, 2020. |
| 4(c)(5) | Seventh Supplemental Indenture, dated as of November 12, 2025, between Howmet Aerospace Inc., a Delaware corporation, and The Bank of New York Mellon Trust Company, N.A., as trustee, incorporated by reference to Exhibit 4.6 to the Company’s Current Report on Form 8-K dated November 12, 2025. |
| 4(d) | Form of 6.75% Bonds Due 2028, incorporated by reference to Exhibit 4(d) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2017. |
| 4(e) | Form of 4.550% Notes due 2032, incorporated by reference to Exhibit 4.6 to the Company's Current Report on Form 8-K filed on November 12, 2025 |
| 4(f) | Form of 5.95% Notes Due 2037, incorporated by reference to Exhibit 4(f) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2008. |
| 4(g) | Form of 3.000% Notes due 2029, incorporated by reference to Exhibit 4.6 to the Company’s Current Report on Form 8-K dated September 1, 2021. |
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| 10(f)(1) | First Amendment to the Howmet Aerospace Hourly Retirement Savings Plan, as Amended and Restated, incorporated by reference to Exhibit 10(g)(1) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. |
| 10(f)(2) | Second Amendment to the Howmet Aerospace Hourly Retirement Savings Plan, as Amended and Restated, incorporated by reference to Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023. |
| 10(f)(3) | Third Amendment to the Howmet Aerospace Hourly Retirement Savings Plan, as Amended and Restated, incorporated by reference to Exhibit 10(f)(3) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. |
| 10(f)(4) | Fourth Amendment to the Howmet Aerospace Hourly Retirement Savings Plan, as Amended and Restated, incorporated by reference to Exhibit 10(f)(4) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. |
| 10(f)(5) | Fifth Amendment to the Howmet Aerospace Hourly Retirement Savings Plan, as Amended and Restated, incorporated by reference to Exhibit 10(f)(5) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. |
| 10(f)(6) | Sixth Amendment to the Howmet Aerospace Hourly Retirement Savings Plan, as Amended and Restated. |
| 10(g) | Howmet Aerospace Salaried Retirement Savings Plan, as Amended and Restated, effective January 1, 2021, incorporated by reference to Exhibit 10(g)(2) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. |
| 10(g)(1) | First Amendment to the Howmet Aerospace Salaried Retirement Savings Plan, as Amended and Restated, incorporated by reference to Exhibit 10.2 to the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023. |
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| 10(k) | Fee Continuation Plan for Non-Employee Directors, incorporated by reference to Exhibit 10(k) to the Company’s Annual Report on Form 10-K for the year ended December 31, 1989. |
| 10(k)(1) | Amendment to Fee Continuation Plan for Non-Employee Directors, effective November 10, 1995, incorporated by reference to Exhibit 10(i)(1) to the Company’s Annual Report on Form 10-K for the year ended December 31, 1995. |
| 10(k)(2) | Second Amendment to the Fee Continuation Plan for Non-Employee Directors, effective September 15, 2006, incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K dated September 20, 2006. |
| 10(l) | Howmet Aerospace Deferred Compensation Plan, as amended and restated February 1, 2020, incorporated by reference to Exhibit 10(m) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. |
| 10(l)(1) | First Amendment to the Howmet Aerospace Deferred Compensation Plan, as Amended and Restated, incorporated by reference to Exhibit 10(m)(1) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. |
| 10(l)(2) | Second Amendment to the Howmet Aerospace Deferred Compensation Plan, as Amended and Restated, incorporated by reference to Exhibit 10(m)(2) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 |
| 10(m) | Summary of the Executive Split Dollar Life Insurance Plan, dated November 1990, incorporated by reference to Exhibit 10(m) to the Company’s Annual Report on Form 10-K for the year ended December 31, 1990. |
| 10(n) | Amended and Restated Dividend Equivalent Compensation Plan, effective January 1, 1997, incorporated by reference to Exhibit 10(h) to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2004. |
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| 10(u) | Letter Agreement, by and between Arconic Inc. and Michael N. Chanatry, dated as of March 20, 2018, incorporated by reference to Exhibit 10(w) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. |
| 10(u)(1) | Restricted Share Unit Retention Award Agreement with Michael N. Chanatry, dated as of April 15, 2024. incorporated by reference to Exhibit 10.2 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. |
| 10(v) | Letter Agreement, by and between Arconic Inc. and John C. Plant, dated as of February 13, 2019, incorporated by reference to Exhibit 10(a) to the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2019. |
| 10(w) | Letter Agreement, by and between Arconic Inc. and John C. Plant, dated as of August 1, 2019, incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K dated August 2, 2019. |
| 10(x) | Letter Agreement, by and between Arconic Inc. and John C. Plant, dated as of February 24, 2020, incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K dated February 25, 2020. |
| 10(y) | Letter Agreement between Howmet Aerospace Inc. and John C. Plant, dated as of June 9, 2020, incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on June 12, 2020. |
| 10(z) | Letter Agreement, by and between Howmet Aerospace Inc. and John C. Plant, dated as of October 14, 2021, incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on October 14, 2021. |
| 10(aa) | Letter Agreement, by and between Howmet Aerospace Inc. and John C. Plant, dated as of December 2, 2022, incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on December 8, 2022. |
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| 10(jj) | Form of Stock Option Award Agreement, incorporated by reference to Exhibit 10(f) to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2018. |
| 10(kk) | Terms and Conditions for Restricted Share Units for Annual Director Awards under the 2013 Howmet Aerospace Stock Incentive Plan, as Amended and Restated, effective December 5, 2017, incorporated by reference to Exhibit 10(a) to the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2018. |
| 10(ll) | Terms and Conditions for Deferred Fee Restricted Share Units for Director Awards under the 2013 Howmet Aerospace Stock Incentive Plan, effective November 30, 2016, incorporated by reference to Exhibit 10(ww) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. |
| 10(mm) | Global Restricted Share Unit Award Agreement, effective September 30, 2020, incorporated by reference to Exhibit 10.4 to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. |
| 10(nn) | Global Stock Option Award Agreement, effective September 30, 2020, incorporated by reference to Exhibit 10.5 to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. |
| 10(oo) | Global Special Retention Award Agreement, effective September 30, 2020, incorporated by reference to Exhibit 10.6 to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. |
| 10(pp) | Terms and Conditions for Restricted Share Units, effective September 30, 2020, incorporated by reference to Exhibit 10.7 to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. |
| 10(qq) | Global Restricted Share Unit Award Agreement, effective December 7, 2023, incorporated by reference to Exhibit 10(ss) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. |
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