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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net income for the period $ 13,229 $ 19,689
Adjustments for:    
Pension and medical benefits - actuarial losses 759 633
Results of equity-accounted investments (13) (341)
Depreciation, depletion and amortization 6,173 6,630
Impairment of assets (reversals) 404 167
Inventory write-back to net realizable value 6 3
Allowance for credit loss on trade and other receivables 34 39
Exploratory expenditure write-offs 38 94
Disposal/write-offs of assets, remeasurement of investment retained with loss of control and reclassification of CTA (1,187) (846)
Foreign exchange, indexation and finance charges   847 2,882
Income taxes 6,172 9,875
Revision and unwinding of discount on the provision for decommissioning costs 443 295
PIS and COFINS recovery - exclusion of ICMS (VAT tax) from the basis of calculation (4)
Results from co-participation agreements in bid areas (28) (2,872)
Early termination and cash outflows revision of lease agreements (258) (401)
Losses with legal, administrative and arbitration proceedings, net 531 557
Decrease (Increase) in assets    
Trade and other receivables 1,175 57
Inventories 1,080 (2,034)
Judicial deposits (782) (859)
Other assets 275 (652)
Increase (Decrease) in liabilities    
Trade payables (291) (141)
Other taxes payable (964) (981)
Pension and medical benefits (451) (1,689)
Provisions for legal proceedings (219) (178)
Other employee benefits (216) (366)
Provision for decommissioning costs (338) (278)
Other liabilities (128) 627
Income taxes paid (6,302) (5,102)
Net cash provided by operating activities 19,989 24,804
Cash flows from investing activities    
Acquisition of PP&E and intangible assets (5,335) (4,073)
Acquisition of equity interests (17) (19)
Proceeds from disposal of assets - Divestment 3,461 3,378
Financial compensation from co-participation agreements 391 5,213
Investment in marketable securities (468) (2,108)
Dividends received 69 242
Net cash (used in) provided by investing activities (1,899) 2,633
Cash flows from financing activities    
Changes in non-controlling interest (50) (17)
Proceeds from finance debt   62 330
Repayment of principal - finance debt (1,482) (5,477)
Repayment of interest - finance debt (1,004) (916)
Repayment of lease liability (2,862) (2,682)
Dividends paid to Shareholders of Petrobras (10,397) (12,429)
Dividends paid to non-controlling interests (48) (58)
Net cash used in financing activities (15,781) (21,249)
Effect of exchange rate changes on cash and cash equivalents 46 (374)
Net change in cash and cash equivalents 2,355 5,814
Cash and cash equivalents at the beginning of the period 7,996 10,480
Cash and cash equivalents at the end of the period $ 10,351 $ 16,294