v3.25.2
Consolidated Interim Statement of Financial Position - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 5,514 $ 4,953
Short-term investments 182 53
Accounts receivable 2,325 2,358
Other financial assets 495 53
Inventories 5,242 4,605
Recoverable taxes 1,335 1,100
Other 493 359
Current assets excluding assets held for sale 15,586 13,481
Non-current assets held for sale 1,999
Total current assets 17,585 13,481
Non-current assets    
Judicial deposits 598 537
Other financial assets 424 231
Recoverable taxes 1,528 1,297
Deferred income taxes 8,975 8,244
Other 1,476 1,317
Total non-current assets excluding investments, intangible assets and property, plant and equipment 13,001 11,626
Investments in associates and joint ventures 4,784 4,547
Intangibles 10,720 10,514
Property, plant, and equipment 44,293 39,984
Total non current assets 72,798 55,045
Total assets 90,383 80,152
Current liabilities    
Suppliers and contractors 5,454 4,234
Loans and borrowings 685 1,020
Leases 175 147
Other financial liabilities 1,045 1,272
Taxes payable 1,020 574
Settlement program ("REFIS") 412 353
Liabilities related to Brumadinho 900 714
Liabilities related to associates and joint ventures 1,449 1,844
De-characterization of dams and asset retirement obligations 945 833
Provisions for litigation 154 119
Employee benefits 790 1,012
Dividends payable 330
Other 700 638
Current liabilities excluding assets held for sale 13,729 13,090
Liabilities associated with non-current assets held for sale 740
Total current liabilities 14,469 13,090
Non-current liabilities    
Loans and borrowings 16,461 13,772
Leases 524 566
Participative shareholders' debentures 2,454 2,217
Other financial liabilities 2,204 2,347
Settlement program ("REFIS") 971 1,007
Deferred income taxes 127 445
Liabilities related to Brumadinho 1,229 1,256
Liabilities related to associates and joint ventures 1,830 1,819
De-characterization of dams and asset retirement obligations 5,256 4,930
Provisions for litigation 896 894
Employee benefits 1,170 1,118
Streaming transactions 2,000 1,882
Other 283 281
Total non current liabilities 35,405 32,534
Total liabilities 49,874 45,624
Equity    
Equity attributable to Vale S.A.'s shareholders 39,264 33,406
Equity attributable to noncontrolling interests 1,245 1,122
Total equity 40,509 34,528
Total liabilities and equity $ 90,383 $ 80,152