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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Profit or loss [abstract]      
Sales revenues $ 102,409 $ 124,474 $ 83,966
Cost of sales (48,435) (59,486) (43,164)
Gross profit 53,974 64,988 40,802
Income (expenses)      
Selling expenses (5,038) (4,931) (4,229)
General and administrative expenses (1,594) (1,332) (1,176)
Exploration costs (982) (887) (687)
Research and development expenses (726) (792) (563)
Other taxes (890) (439) (406)
Impairment (losses) reversals, net (2,680) (1,315) 3,190
Other income and expenses, net (4,031) 1,822 653
Total Income (expenses) (15,941) (7,874) (3,218)
Income before net finance expense, results of equity-accounted investments and income taxes 38,033 57,114 37,584
Finance income 2,169 1,832 821
Finance expenses (3,922) (3,500) (5,150)
Foreign exchange gains (losses) and inflation indexation charges (580) (2,172) (6,637)
Net finance expense (2,333) (3,840) (10,966)
Results of equity-accounted investments (304) 251 1,607
Net income before income taxes 35,396 53,525 28,225
Income taxes (10,401) (16,770) (8,239)
Net income for the year 24,995 36,755 19,986
Net income attributable to shareholders of Petrobras 24,884 36,623 19,875
Net income attributable to non-controlling interests $ 111 $ 132 $ 111