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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income for the year $ 36,755 $ 19,986 $ 948
Adjustments for:      
Pension and medical benefits - actuarial gains (expense) 1,228 2,098 (1,001)
Results of equity-accounted investments (251) (1,607) 659
Depreciation, depletion and amortization 13,218 11,695 11,445
Impairment of assets (reversals) 1,315 (3,190) 7,339
Inventory write-down (write-back) to net realizable value 11 (1) 375
Allowance (reversals) for credit loss on trade and other receivables 65 (30) 144
Exploratory expenditure write-offs 691 248 456
Disposal/write-offs of assets, remeasurement of investment retained with loss of control and reclassification of CTA (1,144) (1,900) (456)
Foreign exchange, indexation and finance charges   4,557 10,795 11,094
Income taxes 16,770 8,239 (1,174)
Revision and unwinding of discount on the provision for decommissioning costs 745 661 981
PIS and COFINS recovery - exclusion of ICMS (VAT tax) from the basis of calculation (1) (986) (3,173)
Results from co-participation agreements in bid areas (4,286) (631)
Assumption of interest in concessions 164
Early termination and cash outflows revision of lease agreements (629) (545) (276)
(Gains) losses with legal, administrative and arbitration proceedings, net 1,362 740 493
Decrease (Increase) in assets      
Trade and other receivables 355 (2,075) 1
Inventories (1,217) (2,334) 724
Judicial deposits (1,709) (1,141) (945)
Other assets (413) (289) 159
Increase (Decrease) in liabilities      
Trade payables (359) 1,073 216
Other taxes payable (2,441) 2,835 2,677
Pension and medical benefits (2,130) (2,239) (1,048)
Provisions for legal proceedings (380) (643) (668)
Short-term benefits (182) (312) 781
Provision for decommissioning costs (602) (730) (482)
Other liabilities (95) 376 (47)
Income taxes paid (11,516) (2,138) (332)
Net cash provided by operating activities 49,717 37,791 28,890
Cash flows from investing activities      
Acquisition of PP&E and intangible assets (9,581) (6,325) (5,874)
Investments in investees (27) (24) (942)
Proceeds from disposal of assets - Divestment 4,846 4,783 1,997
Financial compensation from co-participation agreements 7,284 2,938
Divestment (Investment) in marketable securities (3,328) 4 66
Dividends received 374 781 243
Net cash provided by (used in) investing activities (432) 2,157 (4,510)
Cash flows from financing activities      
Changes in non-controlling interest 63 (24) (67)
Proceeds from finance debt   2,880 1,885 17,023
Repayment of principal - finance debt (9,334) (21,413) (25,727)
Repayment of interest - finance debt (1,850) (2,229) (3,157)
Repayment of lease liability (5,430) (5,827) (5,880)
Dividends paid to Shareholders of Petrobras (37,701) (13,078) (1,367)
Dividends paid to non-controlling interests (81) (105) (84)
Net cash used in financing activities (51,453) (40,791) (19,259)
Effect of exchange rate changes on cash and cash equivalents (316) (402) (773)
Net change in cash and cash equivalents (2,484) (1,245) 4,348
Cash and cash equivalents at the beginning of the period 10,480 11,725 7,377
Cash and cash equivalents at the end of the period $ 7,996 $ 10,480 $ 11,725