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Taxes (Details 1) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net income (loss) before income taxes $ 53,525 $ 28,225 $ (226)
Nominal income taxes computed based on Brazilian statutory corporate tax rates (34%) (18,197) (9,597) 77
Tax benefits from the deduction of interest on capital distribution 1,234 843 (16)
Different jurisdictional tax rates for companies abroad (822) (296) (1,874)
Brazilian income taxes on income of companies incorporated outside Brazil [1] (763) (546) (743)
Tax incentives 187 50 (9)
Tax loss carryforwards (unrecognized tax losses) 221 59 (428)
Post-employment benefits (394) (802) 559
Results of equity-accounted investments in Brazil and abroad 87 318 49
Non-incidence of income taxes on indexation (SELIC interest rate) of undue paid taxes 33 903
Others 237 (189)
Income taxes (16,770) (8,239) 1,174
Deferred income taxes (906) (4,058) 1,743
Current income taxes $ (15,864) $ (4,181) $ (569)
Effective tax rate of income taxes 31.30% 29.20% (519.50%)
[1] It relates to Brazilian income taxes on earnings of offshore investees, as established by Law No. 12,973/2014.