Alcoa AA Suriname Refinery And Permanent Closure — Environmental Loss Contingencies Adjustment
Discontinued — last reported Q4 '16
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Where this comes from
Reported directly by Alcoa in its filing.
Tagged under the XBRL concept aa:EnvironmentalLossContingenciesAdjustment.
The official record: Alcoa’s 10-K, filed February 26, 2019, on SEC EDGAR. View the filing →
Questions, answered.
- What does suriname refinery and permanent closure — environmental loss contingencies adjustment mean?
- A revision to the total estimated financial reserve set aside for environmental cleanup at a permanently closed refinery.
- How do you interpret suriname refinery and permanent closure — environmental loss contingencies adjustment?
- Positive adjustments indicate higher-than-expected cleanup costs, while negative adjustments indicate a downward revision of expected future liabilities.
- How does suriname refinery and permanent closure — environmental loss contingencies adjustment compare across companies?
- Similar to 'change in estimate' for environmental provisions or legacy liability adjustments found in the footnotes of industrial and extractive industry financial statements.