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Schedule of net finance income (expense) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net Finance Income        
Finance income $ 619 $ 206 $ 881 $ 328
Income from investments and marketable securities (Government Bonds) 369 45 532 74
Other income, net 250 161 349 254
Finance expenses (959) (1,871) (1,716) (3,079)
Interest on finance debt (693) (904) (1,223) (1,656)
Unwinding of discount on lease liabilities (334) (297) (624) (592)
Discount and premium on repurchase of debt securities (84) (666) (110) (849)
Capitalized borrowing costs 297 266 535 478
Unwinding of discount on the provision for decommissioning costs (137) (195) (267) (384)
Other finance expenses , net (8) (75) (27) (76)
Foreign exchange gains (losses) and indexation charges (2,858) 3,684 (1,767) (869)
Foreign exchange gains (losses) [1] (1,640) 4,443 781 1,001
Reclassification of hedge accounting to the Statement of Income [1] (1,108) (1,194) (2,488) (2,307)
Recoverable taxes inflation indexation income   [2] 24 461 45 474
Other foreign exchange gains (losses) and indexation charges, net (134) (26) (105) (37)
Total $ (3,198) $ 2,019 $ (2,602) $ (3,620)
[1] For more information, see notes 27.3a and 27.3c.
[2] In 2021, includes PIS and Cofins inflation indexation income related to the exclusion of ICMS (VAT tax) from the basis of calculation.