Financial results (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Financial income | ||||
| Short-term investments | $ 101 | $ 95 | $ 211 | $ 193 |
| Others | 21 | 17 | 39 | 35 |
| Total financial income | 122 | 112 | 250 | 228 |
| Financial expenses | ||||
| Interest on loans and borrowings | (249) | (230) | (508) | (450) |
| Expenses from bonds repurchase | (44) | |||
| Interest on working capital transactions | (54) | (43) | (118) | (82) |
| Taxes on financial income | (15) | (20) | (27) | (36) |
| Interest on other financial liabilities | (37) | (32) | (75) | (58) |
| Others | (54) | (79) | (99) | (116) |
| Total financial expenses | (409) | (404) | (827) | (786) |
| Other financial items, net | ||||
| Foreign exchange and indexation gains (losses), net | (322) | 28 | (487) | (324) |
| Participative shareholders' debentures | 198 | (117) | (38) | (79) |
| Derivative financial instruments, net | (62) | 548 | 663 | 1,313 |
| Total other financial expenses | (186) | 459 | 138 | 910 |
| Total | $ (473) | $ 167 | $ (439) | $ 352 |
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- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The gains (losses) resulting from change in the fair value of derivatives recognised in profit or loss. [Refer: Derivatives [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Classes of financial instruments [domain]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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