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Financial assets and liabilities (Tables) | 6 Months Ended
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Jun. 30, 2021
Financial assets and liabilities |
Schedule of financial instruments classification based on its recognition | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2021 | ​ | December 31, 2020
​ | ​ | ​ | ​ | ​ | ​ | At fair value | ​ | ​ | ​ | ​ | ​ | ​ | ​ | At fair value | ​ | ​
​ | ​ | Amortized | ​ | At fair value | ​ | through | ​ | ​ | ​ | Amortized | ​ | At fair value | ​ | through profit | ​ | ​
Financial assets |  | cost |  | through OCI |  | profit or loss |  | Total |  | cost |  | through OCI |  | or loss |  | Total
Current | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  |
Cash and cash equivalents (note 19) | ​ | 13,649 | ​ | — | ​ | — | ​ | 13,649 | ​ | 13,487 | ​ | — | ​ | — |  | 13,487
Short-term investments (note 19) | ​ | — | ​ | — | ​ | 951 | ​ | 951 | ​ | — | ​ | — | ​ | 771 | ​ | 771
Derivative financial instruments (note 16) | ​ | — | ​ | — | ​ | 214 | ​ | 214 | ​ | — | ​ | — | ​ | 134 |  | 134
Accounts receivable (note 9) | ​ | 2,266 | ​ | — | ​ | 2,688 | ​ | 4,954 | ​ | 1,514 | ​ | — | ​ | 3,479 |  | 4,993
Related parties (note 26) | ​ | — | ​ | — | ​ | — | ​ | — | ​ | 195 | ​ | — | ​ | — |  | 195
​ | ​ | 15,915 | ​ | — | ​ | 3,853 | ​ | 19,768 | ​ | 15,196 | ​ | — | ​ | 4,384 |  | 19,580
Non-current | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​
Judicial deposits (note 23) | ​ | 1,326 | ​ | — | ​ | — | ​ | 1,326 | ​ | 1,268 | ​ | — | ​ | — | ​ | 1,268
Restricted cash | ​ | 125 | ​ | — | ​ | — | ​ | 125 | ​ | 38 | ​ | — | ​ | — | ​ | 38
Derivative financial instruments (note 16) | ​ | — | ​ | — | ​ | 208 | ​ | 208 | ​ | — | ​ | — | ​ | 66 |  | 66
Investments in equity securities | ​ | — | ​ | 1,097 | ​ | — | ​ | 1,097 | ​ | — | ​ | 757 | ​ | — |  | 757
Related parties (note 26) | ​ | — | ​ | — | ​ | — | ​ | — | ​ | 923 | ​ | — | ​ | — |  | 923
​ | ​ | 1,451 | ​ | 1,097 | ​ | 208 | ​ | 2,756 | ​ | 2,229 | ​ | 757 | ​ | 66 |  | 3,052
Total of financial assets | ​ | 17,366 | ​ | 1,097 | ​ | 4,061 | ​ | 22,524 | ​ | 17,425 | ​ | 757 | ​ | 4,450 |  | 22,632
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​
Current | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​
Suppliers and contractors | ​ | 3,777 | ​ | — | ​ | — | ​ | 3,777 | ​ | 3,367 | ​ | — | ​ | — |  | 3,367
Derivative financial instruments (note 16) | ​ | — | ​ | — | ​ | 204 | ​ | 204 | ​ | — | ​ | — | ​ | 328 |  | 328
Loans, borrowings and leases (note 19) | ​ | 992 | ​ | — | ​ | — | ​ | 992 | ​ | 1,136 | ​ | — | ​ | — |  | 1,136
Dividends payable | ​ | 27 | ​ | — | ​ | — | ​ | 27 | ​ | 1,220 | ​ | — | ​ | — | ​ | 1,220
Liabilities related to the concession grant (note 14) | ​ | 350 | ​ | — | ​ | — | ​ | 350 | ​ | 209 | ​ | — | ​ | — | ​ | 209
Related parties (note 26) | ​ | 188 | ​ | — | ​ | — | ​ | 188 | ​ | 725 | ​ | — | ​ | — |  | 725
Other financial liabilities (note 11) | ​ | 805 | ​ | — | ​ | — | ​ | 805 | ​ | 644 | ​ | ​ | ​ | ​ | ​ | 644
​ | ​ | 6,139 | ​ | — | ​ | 204 | ​ | 6,343 | ​ | 7,301 | ​ | — | ​ | 328 |  | 7,629
Non-current | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​
Derivative financial instruments (note 16) | ​ | — | ​ | — | ​ | 521 | ​ | 521 | ​ | — | ​ | — | ​ | 689 |  | 689
Loans, borrowings and leases (note 19) | ​ | 12,870 | ​ | — | ​ | — | ​ | 12,870 | ​ | 13,891 | ​ | — | ​ | — |  | 13,891
Related parties (note 26) | ​ | — | ​ | — | ​ | — | ​ | — | ​ | 895 | ​ | — | ​ | — |  | 895
Participative stockholders' debentures (note 18) | ​ | — | ​ | — | ​ | 4,687 | ​ | 4,687 | ​ | — | ​ | — | ​ | 3,413 |  | 3,413
Liabilities related to the concession grant (note 14) | ​ | 1,956 | ​ | — | ​ | — | ​ | 1,956 | ​ | 2,103 | ​ | — | ​ | — | ​ | 2,103
Financial guarantees (note 13) | ​ | — | ​ | — | ​ | 550 | ​ | 550 | ​ | — | ​ | — | ​ | 877 | ​ | 877
​ | ​ | 14,826 | ​ | — | ​ | 5,758 | ​ | 20,584 | ​ | 16,889 | ​ | — | ​ | 4,979 | ​ | 21,868
Total of financial liabilities | ​ | 20,965 | ​ | — | ​ | 5,962 | ​ | 26,927 | ​ | 24,190 | ​ | — | ​ | 5,307 |  | 29,497
Schedule of assets and liabilities measured and recognized at fair value | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2021 | ​ | December 31, 2020
​ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial assets | ​ | ​ |  |  |  |  |  |  |  | ​ | ​ |  |  |  |  |
Short-term investments | ​ | 951 | ​ | — | ​ | — | ​ | 951 | ​ | 771 | ​ | — | ​ | — | ​ | 771
Derivative financial instruments | ​ | — |  | 407 | ​ | 15 | ​ | 422 | ​ | — | ​ | 182 | ​ | 18 | ​ | 200
Accounts receivable | ​ | — | ​ | 2,688 | ​ | — | ​ | 2,688 | ​ | — | ​ | 3,479 | ​ | — | ​ | 3,479
Investments in equity securities | ​ | 1,097 | ​ | — | ​ | — | ​ | 1,097 | ​ | 757 | ​ | — | ​ | — | ​ | 757
Total | ​ | 2,048 |  | 3,095 | ​ | 15 | ​ | 5,158 | ​ | 1,528 | ​ | 3,661 | ​ | 18 | ​ | 5,207
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial liabilities | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Derivative financial instruments | ​ | — |  | 719 | ​ | 6 | ​ | 725 | ​ | — | ​ | 998 | ​ | 19 | ​ | 1,017
Participative stockholders' debentures | ​ | — |  | 4,687 | ​ | — | ​ | 4,687 | ​ | — | ​ | 3,413 | ​ | — | ​ | 3,413
Financial guarantees | ​ | — | ​ | 550 | ​ | — | ​ | 550 | ​ | — | ​ | 877 | ​ | — | ​ | 877
Total | ​ | — |  | 5,956 | ​ | 6 | ​ | 5,962 | ​ | — | ​ | 5,288 | ​ | 19 | ​ | 5,307
Schedule of changes in Level 3 assets and liabilities | ​
​ | ​ | ​ | ​ | ​
​ | ​ | Derivative financial instruments
​ |  | Financial assets |  | Financial liabilities
Balance at December 31, 2020 |  | 18 |  | 19
Gain and losses recognized in income statement |  | (4) |  | (13)
Translation adjustments |  | 1 |  | —
Balance at June 30, 2021 |  | 15 |  | 6
Schedule of fair value and carrying amounts of loans and financing | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2021 | ​ | December 31, 2020
​ |  | Carrying amount |  | Fair value |  | Carrying amount |  | Fair value
Quoted in the secondary market: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Bonds |  | 7,448 |  | 9,277 |  | 7,448 |  | 10,025
Eurobonds |  | — |  | — |  | 920 |  | 985
Debentures |  | 428 |  | 435 |  | 496 |  | 496
Debt contracts in Brazil in: |  |  |  |  |  |  |  |
R$, indexed to TJLP, TR, IPCA, IGP-M and CDI |  | 460 |  | 679 |  | 860 |  | 857
R$, with fixed interest |  | 25 |  | 25 |  | 34 |  | 35
Basket of currencies and bonds in US$ indexed to LIBOR |  | 33 |  | 54 |  | 56 |  | 56
Debt contracts in the international market in: |  |  |  |  |  |  |  |
US$, with variable and fixed interest |  | 3,398 |  | 3,401 |  | 3,225 |  | 3,278
Other currencies, with variable interest |  | 96 |  | 96 |  | — |  | —
Other currencies, with fixed interest |  | 110 |  | 123 |  | 120 |  | 134
Total |  | 11,998 |  | 14,090 |  | 13,159 |  | 15,866

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