XML 157 R130.htm IDEA: XBRL DOCUMENT
v3.21.1

Financial assets and liabilities (Details) - USD ($) $ in Millions | Dec. 31, 2020 | Dec. 31, 2019
--- | --- | ---
Financial instruments classification |  |
Total current financial assets | $ 19,580 | $ 11,312
Total noncurrent financial assets | 3,052 | 5,794
Total of financial assets | 22,632 | 17,106
Total current financial liabilities | 7,629 | 8,510
Total noncurrent financial liabilities | 21,916 | 17,780
Total of financial liabilities | 29,545 | 26,290
Amortized cost |  |
Financial instruments classification |  |
Total current financial liabilities | 7,301 | 8,416
Total noncurrent financial liabilities | 16,937 | 14,364
Total of financial liabilities | 24,238 | 22,780
At fair value through profit or loss |  |
Financial instruments classification |  |
Total current financial liabilities | 328 | 94
Total noncurrent financial liabilities | 4,979 | 3,416
Total of financial liabilities | 5,307 | 3,510
Amortized cost |  |
Financial instruments classification |  |
Total current financial assets | 18,181 | 10,121
Total noncurrent financial assets | 2,229 | 4,884
Total of financial assets | 20,410 | 15,005
At fair value through OCI |  |
Financial instruments classification |  |
Total noncurrent financial assets | 757 | 726
Total of financial assets | 757 | 726
At fair value through profit or loss |  |
Financial instruments classification |  |
Total current financial assets | 1,399 | 1,191
Total noncurrent financial assets | 66 | 184
Total of financial assets | 1,465 | 1,375
Cash and cash equivalents |  |
Financial instruments classification |  |
Total current financial assets | 13,487 | 7,350
Total of financial assets | 13,487 | 7,350
Cash and cash equivalents | Amortized cost |  |
Financial instruments classification |  |
Total current financial assets | 13,487 | 7,350
Short-term investments |  |
Financial instruments classification |  |
Total current financial assets | 771 | 826
Total of financial assets | 771 | 826
Short-term investments | At fair value through profit or loss |  |
Financial instruments classification |  |
Total current financial assets | 771 | 826
Accounts receivable |  |
Financial instruments classification |  |
Total current financial assets | 4,993 | 2,529
Accounts receivable | Amortized cost |  |
Financial instruments classification |  |
Total current financial assets | 4,499 | 2,452
Accounts receivable | At fair value through profit or loss |  |
Financial instruments classification |  |
Total current financial assets | 494 | 77
Related parties |  |
Financial instruments classification |  |
Total current financial assets | 195 | 319
Related parties | Amortized cost |  |
Financial instruments classification |  |
Total current financial assets | 195 | 319
Judicial deposits |  |
Financial instruments classification |  |
Total noncurrent financial assets | 1,268 | 3,133
Total of financial assets | 1,268 | 3,133
Derivative financial instruments (note 19) |  |
Financial instruments classification |  |
Total current financial assets | 134 | 288
Total noncurrent financial assets | 66 | 184
Total of financial assets | 200 | 472
Total current financial liabilities | 328 | 94
Derivative financial instruments (note 19) | At fair value through profit or loss |  |
Financial instruments classification |  |
Total current financial liabilities | 328 | 94
Derivative financial instruments (note 19) | At fair value through profit or loss |  |
Financial instruments classification |  |
Total current financial assets | 134 | 288
Total noncurrent financial assets | 66 | 184
Restricted cash |  |
Financial instruments classification |  |
Total noncurrent financial assets | 38 | 151
Total of financial assets | 38 | 151
Dividends payable |  |
Financial instruments classification |  |
Total current financial liabilities | 1,220 | 1,560
Investments in equity securities |  |
Financial instruments classification |  |
Total noncurrent financial assets | 757 | 726
Total of financial assets | 757 | 726
Investments in equity securities | At fair value through OCI |  |
Financial instruments classification |  |
Total noncurrent financial assets | 757 | 726
Related parties |  |
Financial instruments classification |  |
Total noncurrent financial assets | 923 | 1,600
Total of financial assets | 1,118 | 1,919
Related parties | Amortized cost |  |
Financial instruments classification |  |
Total noncurrent financial assets | 923 | 1,600
Suppliers and contractors |  |
Financial instruments classification |  |
Total current financial liabilities | 3,367 | 4,107
Suppliers and contractors | Amortized cost |  |
Financial instruments classification |  |
Total current financial liabilities | 3,367 | 4,107
Derivative financial instruments (note 19) |  |
Financial instruments classification |  |
Total noncurrent financial liabilities | 689 | 307
Liabilities related to the concession grant |  |
Financial instruments classification |  |
Total current financial liabilities | 209 |
Total noncurrent financial liabilities | 2,103 |
Liabilities related to the concession grant | Amortized cost |  |
Financial instruments classification |  |
Total noncurrent financial liabilities | 2,103 |
Loans and borrowings |  |
Financial instruments classification |  |
Total current financial liabilities | 1,136 | 1,439
Loans and borrowings | Amortized cost |  |
Financial instruments classification |  |
Total current financial liabilities | 1,136 | 1,439
Loans and borrowings |  |
Financial instruments classification |  |
Total noncurrent financial liabilities | 13,891 | 13,408
Loans and borrowings | Amortized cost |  |
Financial instruments classification |  |
Total noncurrent financial liabilities | 13,891 | 13,408
Related parties |  |
Financial instruments classification |  |
Total current financial liabilities | 725 | 980
Total noncurrent financial liabilities | 943 | 956
Related parties | Amortized cost |  |
Financial instruments classification |  |
Total noncurrent financial liabilities | 943 | 956
Other financial liabilities |  |
Financial instruments classification |  |
Total current financial liabilities | 644 | 330
Other financial liabilities | Amortized cost |  |
Financial instruments classification |  |
Total current financial liabilities | 644 | 330
Participative stockholders' debentures |  |
Financial instruments classification |  |
Total noncurrent financial liabilities | 3,413 | 2,584
Participative stockholders' debentures | At fair value through profit or loss |  |
Financial instruments classification |  |
Total noncurrent financial liabilities | 3,413 | 2,584
Financial guarantees |  |
Financial instruments classification |  |
Total noncurrent financial liabilities | 877 | 525
Financial guarantees | At fair value through profit or loss |  |
Financial instruments classification |  |
Total noncurrent financial liabilities | $ 877 | $ 525

X
- Definition The amount of current financial assets. [Refer: Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 25 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_25&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_CurrentFinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of current financial liabilities. [Refer: Financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 25 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_25&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_CurrentFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose the entity’s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 25 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_25&doctype=Standard -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 35H -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_35H&doctype=Standard -URIDate 2020-01-01 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 35I -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_35I&doctype=Standard -URIDate 2020-01-01 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 35M -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_35M&doctype=Standard -URIDate 2020-01-01 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 35N -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_35N&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_FinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity’s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity’s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 25 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_25&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_FinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of non-current financial assets. [Refer: Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 25 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_25&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_NoncurrentFinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of non-current financial liabilities. [Refer: Financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 25 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_25&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_NoncurrentFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | ifrs-full_CategoriesOfFinancialLiabilitiesAxis=vale_LoansAndReceivablesOrAmortizedCostMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=vale_LoansAndReceivablesOrAmortizedCostMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_CashAndCashEquivalentsCurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=us-gaap_ShortTermInvestmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_AccountsReceivableCurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_RelatedPartiesCurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_JudicialDepositsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_RestrictedCashMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_DividendsPayableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_InvestmentsInEquitySecuritiesNoncurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_RelatedPartiesNoncurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=vale_SuppliersAndContractorsCurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_DerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=vale_GovernmentGrantMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=vale_LoansAndBorrowingsCurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=vale_LoansAndBorrowingsNoncurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=vale_RelatedPartiesNoncurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=vale_OtherFinancialLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=vale_ParticipativeStockholdersDebenturesNoncurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=vale_FinancialGuaranteesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |