Income taxes - Schedule of Income Tax and Social Contribution Expense (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
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| Major components of tax expense (income) [abstract] | ||||
| Profit (loss) before taxes | $ 196,139 | $ 815,341 | $ 282,748 | $ 2,245,943 |
| Brazilian statutory corporate tax rate | (34.00%) | (34.00%) | (34.00%) | (34.00%) |
| Expected tax expense (benefit) | $ (66,687) | $ (277,216) | $ (96,134) | $ (763,621) |
| Adjustments to reconcile taxable income tax expense (benefit): | ||||
| Share of profit of equity-accounted investees | (3,893) | 1,520 | 1,137 | 5,103 |
| Non-taxable tax benefits | 65,996 | 58,032 | 186,829 | 165,056 |
| Difference of tax rates on taxable income from foreign subsidiaries | 19,364 | 49,938 | (1,141) | 96,902 |
| Profits taxed by-foreign jurisdictions | 3,068 | 44,406 | (11,657) | (37,591) |
| Current year deferred taxes not recognized and deferred taxes recognized from prior years | (16,141) | 10,026 | (31,088) | 86,093 |
| Dividends paid abroad | 0 | (10,809) | 0 | (10,809) |
| Non-taxable interest - Foreign subsidiaries | 3,232 | 3,151 | 9,813 | 9,414 |
| Donations and social programs | 11 | 0 | (1,816) | 0 |
| SELIC interest on tax credits | 2,985 | 2,631 | 4,291 | 33,946 |
| Brazilian tax incentive law - Lei do Bem | 0 | 0 | 0 | 1,397 |
| Other permanent differences | (15,216) | (52,896) | (8,709) | (37,060) |
| Current and deferred income tax benefit (expense) | (7,281) | (171,217) | 51,525 | (451,170) |
| Current income tax | (27,148) | (185,942) | (79,019) | (576,398) |
| Deferred income tax | 19,867 | 14,725 | 130,544 | 125,228 |
| TOTAL INCOME TAXES | $ (7,281) | $ (171,217) | $ 51,525 | $ (451,170) |
| Effective Income Tax Rate | (3.71%) | (21.00%) | 18.22% | (20.09%) |
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- References Reference 1: http://www.xbrl.org/2003/role/exampleRef
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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/2003/role/exampleRef
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- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to foreign tax rates. [Refer: Accounting profit] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Represent statutory corporate tax rate. No definition available.
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- Definition Represent the value of current and deferred income tax expense. No definition available.
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- Definition Represent the value of deferred income tax. No definition available.
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- Definition Represent the value of deferred income tax not recognized. No definition available.
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- Definition Dividends Paid Abroad No definition available.
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- Definition Donations and social programs. No definition available.
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- Definition Represent the value of effective income tax rate. No definition available.
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- Definition Represent the value of expected tax expense. No definition available.
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- Definition Represent the value of SELIC interest on tax credits. No definition available.
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- Definition Represent the value of non-taxable interest – foreign subsidiaries. No definition available.
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- Definition Represent the value of non-taxable tax benefits. No definition available.
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- Definition Represent the value of other permanent differences. No definition available.
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- Definition Represent the value of profits taxed by-foreign jurisdictions. . No definition available.
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- Definition Withholding tax expense. No definition available.
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