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v3.25.1

Other income and expenses, net (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Notes and other explanatory information [abstract] |  |  |
Stoppages for asset maintenance and pre-operating expenses | $ (2,617) | $ (2,205) | $ (1,834)
Losses on decommissioning of returned/abandoned areas | (2,584) | (1,195) | (225)
Pension and medical benefits - retirees | (2,196) | (1,172) | (1,015)
Losses with legal, administrative and arbitration proceedings | (996) | (797) | (1,362)
Variable compensation programs (1) | (932) | (1,011) | (678)
Allowance (reversals) for credit loss on trade and other receivables, net | (260) | (18) | 3
Institutional relations and cultural projects | (224) | (156) | (103)
Operating expenses with thermoelectric power plants | (221) | (189) | (150)
Expenses with contractual fines received | (136) | (199) | (91)
Compensation for the termination of vessel charter agreements | (19) | (331) | (13)
Collective bargaining agreement | (8) | (217) |
Gains (losses) with commodities derivatives | 42 | 11 | (256)
Amounts recovered from Lava Jato investigation | 60 | 109 | 96
Government grants | 161 | 315 | 471
Ship/take or pay agreements | 219 | 238 | 105
Results on disposal/write-offs of assets | 228 | 1,295 | 1,144
Fines imposed on suppliers | 249 | 239 | 228
Results from co-participation agreements in bid areas | 259 | 284 | 4,286
Results of non-core activities | 261 | 170 | 168
Early termination and changes to cash flow estimates of leases | 349 | 415 | 629
Reimbursements from E&P partnership operations | 493 | 571 | 683
Others | (21) | (188) | (264)
Total | $ (7,893) | $ (4,031) | $ 1,822

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