v3.26.1
Cash flows from financing activities (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2025
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
IfrsStatementLineItems [Line Items]                
December 31, 2024       $ 14,792   $ 14,792 $ 12,471 $ 11,181
Additions $ 71 $ 449 $ 28 150 $ 599 5,468 4,855 1,950
Payments (i)           (1,454) (2,605) (658)
Interest paid (ii)           (1,000) (868) (743)
Cash flow from financing activities           3,005 1,382 549
Effect of exchange rate           182 (184) (25)
Interest accretion           1,140 877 766
Non-cash changes           1,082 939 741
Acquisition of Aliança Energia             246  
Transaction costs           (9)    
Transfer to held for sale (Energy Assets)           (240)    
December 31, 2025 18,879         18,879 14,792 12,471
Quoted In The Secondary Market [Member]                
IfrsStatementLineItems [Line Items]                
December 31, 2024       8,539   8,539 7,474 6,497
Additions           1,830 2,033 1,500
Payments (i)           (373) (1,037) (542)
Interest paid (ii)           (610) (527) (454)
Cash flow from financing activities           847 469 504
Effect of exchange rate           145 (121) 19
Interest accretion           732 503 454
Non-cash changes           667 596 473
Acquisition of Aliança Energia             214  
Transaction costs              
Transfer to held for sale (Energy Assets)           (210)    
December 31, 2025 10,053         10,053 8,539 7,474
Debt Contract In Brazil [Member]                
IfrsStatementLineItems [Line Items]                
December 31, 2024       337   337 250 280
Additions          
Payments (i)           (44) (46) (50)
Interest paid (ii)           (23) (20) (24)
Cash flow from financing activities           (67) (66) (74)
Effect of exchange rate           22 101 20
Interest accretion           23 20 24
Non-cash changes           15 153 44
Acquisition of Aliança Energia             32  
Transaction costs              
Transfer to held for sale (Energy Assets)           (30)    
December 31, 2025 285         285 337 250
Debt Contracts On The International Markets [Member]                
IfrsStatementLineItems [Line Items]                
December 31, 2024       5,916   5,916 4,747 4,404
Additions           2,888 2,822 450
Payments (i)           (1,037) (1,522) (66)
Interest paid (ii)           (367) (321) (265)
Cash flow from financing activities           1,484 979 119
Effect of exchange rate           15 (164) (64)
Interest accretion           381 354 288
Non-cash changes           396 190 224
Acquisition of Aliança Energia              
Transaction costs              
Transfer to held for sale (Energy Assets)              
December 31, 2025 7,796         7,796 5,916 4,747
Total Loans And Borrowings [Member]                
IfrsStatementLineItems [Line Items]                
December 31, 2024       14,792   14,792 12,471 11,181
Additions           4,718 4,855 1,950
Payments (i)           (1,454) (2,605) (658)
Interest paid (ii)           (1,000) (868) (743)
Cash flow from financing activities           2,264 1,382 549
Effect of exchange rate           182 (184) (25)
Interest accretion           1,136 877 766
Non-cash changes           1,078 939 741
Acquisition of Aliança Energia             246  
Transaction costs              
Transfer to held for sale (Energy Assets)           (240)    
December 31, 2025 18,134         18,134 14,792 12,471
Subordinated Notes [Member]                
IfrsStatementLineItems [Line Items]                
December 31, 2024        
Additions           750
Payments (i)          
Interest paid (ii)          
Cash flow from financing activities           741
Effect of exchange rate          
Interest accretion           4
Non-cash changes           4
Acquisition of Aliança Energia              
Transaction costs           (9)    
Transfer to held for sale (Energy Assets)              
December 31, 2025 $ 745         $ 745