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Summary of Outstanding Amount of Settlement Year (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Taxes        
Net income before income taxes $ 16,350 $ 11,940 $ 29,564 $ 12,459
Nominal income taxes computed based on Brazilian statutory corporate tax rates (34%) (5,559) (4,060) (10,051) (4,236)
Tax benefits from the deduction of interest on capital distribution 383 383
Different jurisdictional tax rates for companies abroad 203 (93) 394 (70)
Brazilian income taxes on income of companies incorporated outside Brazil [1] (329) 6 (628) (199)
Tax loss carryforwards (unrecognized tax losses) (10) 9 (1) (21)
Non-taxable income (non-deductible expenses), net [2] 44 195 68 234
Post-employment benefits (44) (46) (186) (90)
Results of equity-accounted investments in Brazil and abroad (3) 205 120 279
Others (6) (26)
Income taxes (5,309) (3,784) (9,875) (4,103)
Deferred income taxes (28) (3,683) (1,989) (3,883)
Current income taxes $ (5,281) $ (101) $ (7,886) $ (220)
Effective tax rate of income taxes 32.50% 31.70% 33.40% 32.90%
[1] It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.
[2] It includes balance of accounts receivable arising from the Term of Financial Commitment - TFC signed with Petrobras, which Petros recognizes as equity.