v3.26.1
Loans and borrowings (Tables)
 6 Months Ended
Jun. 30, 2026
Notes and other explanatory information [abstract]  
Schedule of outstanding balance of loans
         
    Current liabilities Non-current liabilities
  Average interest rate (i) June 30, 2026 December 31, 2025 June 30, 2026 December 31, 2025
Quoted in the secondary market:          
US$ Bonds 6.05% – – 7,603 7,607
R$ Debentures 7.63% 44 57 2,499 2,286
Debt contracts in Brazil in (ii):          
R$, indexed to TJLP, TR, IPCA, IGP-M and CDI 10.13% 45 44 72 89
Basket of currencies and bonds in US$ indexed to SOFR   – – – 150
Debt contracts in the international market in:          
US$, with variable and fixed interest 5.14% 800 205 6,497 6,944
Other currencies, with fixed interest 5.50% 12 12 30 43
Other currencies, with variable interest 2.76% 5 5 510 497
Accrued charges   187 195 – –
Total   1,093 518 17,211 17,616

(i) In order to determine the average interest rate for debt contracts with floating rates, the Company used the rate applicable as of June 30, 2026.

(ii) The Company entered into derivatives to mitigate the exposure to cash flow variations of all floating rate debt contracted in Brazil, resulting in an average cost of 3.17% per year in US$.
Schedule of reconciliation of debt to cash flows arising from financing activities
   
  Principal

Estimated future

interest payments (i)

 

2026 202 505
2027 898 991
2028 879 950
2029 3,458 915
From 2030 to 2032 4,604 1,898
2033 onwards 8,076 3,945
Total 18,117 9,204

(i) Based on interest rate curves and foreign exchange rates applicable as of June 30, 2026 and considering that the payments of principal will be made on their contracted payments dates. The amount includes the estimated interest not yet accrued and the interest already recognized in the annual financial statements.