v3.26.3
Income taxes - Schedule of Deferred Tax Income and Social Contribution (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Tax loss and negative social contribution base    
Deferred income tax [Line Items]    
Beginning balance $ 684,003 $ 679,275
Income statement 44,819 74,199
Exchange variation 28,742 61,927
Other adjustments (4,109) (191,303)
Ending balance 753,455 624,098
Expected credit losses on trade accounts receivable    
Deferred income tax [Line Items]    
Beginning balance 40,098 42,304
Income statement (13,201) (9,833)
Exchange variation 987 3,970
Other adjustments 0 0
Ending balance 27,884 36,441
Provision for contingencies    
Deferred income tax [Line Items]    
Beginning balance 81,251 94,487
Income statement (10,121) (6,265)
Exchange variation 4,293 11,143
Other adjustments 0 0
Ending balance 75,423 99,365
Fair value adjustment    
Deferred income tax [Line Items]    
Beginning balance (171,114) (105,836)
Income statement 89,853 (14,833)
Exchange variation (4,009) (9,281)
Other adjustments 0 0
Ending balance (85,270) (129,950)
Tax credits - Foreign subsidiaries    
Deferred income tax [Line Items]    
Beginning balance 4,062 8,798
Income statement 150 (88)
Exchange variation (31) (79)
Other adjustments 0 0
Ending balance 4,181 8,631
Share-based payment    
Deferred income tax [Line Items]    
Beginning balance 0  
Income statement (329)  
Exchange variation 329  
Other adjustments 0  
Ending balance 0  
Provision for work accident insurance - Foreign subsidiaries    
Deferred income tax [Line Items]    
Beginning balance 12,805 8,964
Income statement 5,203 (4,446)
Exchange variation 0 0
Other adjustments 0 0
Ending balance 18,008 4,518
Pension plan - Foreign subsidiaries    
Deferred income tax [Line Items]    
Beginning balance 2,451 3,209
Income statement (493) 4,740
Exchange variation (14) (80)
Other adjustments (152) (3,224)
Ending balance 1,792 4,645
Trade accounts payable accrual    
Deferred income tax [Line Items]    
Beginning balance 273,051 249,853
Income statement 14,869 37,794
Exchange variation 3,104 7,270
Other adjustments 0 0
Ending balance 291,024 294,917
Interest portion to be deductible    
Deferred income tax [Line Items]    
Beginning balance 320,200 279,572
Income statement 120,828 84,158
Exchange variation 0 1
Other adjustments 0 0
Ending balance 441,028 363,731
Right of use assets    
Deferred income tax [Line Items]    
Beginning balance 31,567 25,967
Income statement 6,581 1,036
Exchange variation 1,297 3,092
Other adjustments 0 0
Ending balance 39,445 30,095
Goodwill amortization    
Deferred income tax [Line Items]    
Beginning balance (847,103) (727,377)
Income statement 2,080 (29,175)
Exchange variation (47,206) (103,271)
Other adjustments 0 0
Ending balance (892,229) (859,823)
Business combinations    
Deferred income tax [Line Items]    
Beginning balance (491,382) (465,917)
Income statement 16,996 (15,989)
Exchange variation (1,456) (5,640)
Other adjustments (549) (912)
Ending balance (476,391) (488,458)
Inventory valuation    
Deferred income tax [Line Items]    
Beginning balance (53,021) (83,507)
Income statement (73,568) (13,298)
Exchange variation 4,207 9,897
Other adjustments 0 0
Ending balance (122,382) (86,908)
Hedge operations    
Deferred income tax [Line Items]    
Beginning balance 41,705 45,961
Income statement (18,814) (6,648)
Exchange variation 2,390 6,704
Other adjustments 547 19
Ending balance 25,828 46,036
Realization of other reserves    
Deferred income tax [Line Items]    
Beginning balance (96,535) (88,113)
Income statement 2,202 1,922
Exchange variation (6,003) (14,356)
Other adjustments 0 0
Ending balance (100,336) (100,547)
Accelerated depreciation and amortization    
Deferred income tax [Line Items]    
Beginning balance (528,502) (479,922)
Income statement (57,020) (4,985)
Exchange variation (4) (2)
Other adjustments 0 0
Ending balance (585,526) (484,909)
Cut off adjustments (sales)    
Deferred income tax [Line Items]    
Beginning balance 16,891 15,274
Income statement 20,299 1,433
Exchange variation 1,135 2,644
Other adjustments 0 0
Ending balance 38,325 19,351
Other temporary differences    
Deferred income tax [Line Items]    
Beginning balance 57,287 52,895
Income statement (19,790) 25,506
Exchange variation 6,235 (21,268)
Other adjustments 0 0
Ending balance 43,732 57,133
Deferred taxes, net    
Deferred income tax [Line Items]    
Beginning balance (622,286) (444,113)
Income statement 130,544 125,228
Exchange variation (6,004) (47,329)
Other adjustments (4,263) (195,420)
Ending balance $ (502,009) $ (561,634)