XML 160 R104.htm IDEA: XBRL DOCUMENT v3.22.1
Investments in subsidiaries, associates and joint ventures - Noncontrolling interest (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Summarized financial information        
Non-current assets. $ 67,082 $ 67,604    
Total assets 89,442 92,007    
Non-current liabilities 38,938 42,592    
Total liabilities 54,136 57,186    
Stockholders' equity 35,306 34,821 $ 38,993 $ 44,832
Equity attributable to non-controlling interests 834 (923)    
Net income (loss) 22,468 4,531 (2,180)  
Net income (loss) attributable to noncontrolling interests 23 (350) (497)  
Dividends paid to noncontrolling interests $ 30 14 $ 184  
Companhia Portuaria da Baia de Sepetiba        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 100.00%      
% Noncontrolling interest 0.00%      
% Voting capital 100.00%      
Mineracao Corumbaense Reunida S.A.        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 100.00%      
% Noncontrolling interest 0.00%      
% Voting capital 100.00%      
Mineracoes Brasileiras Reunidas S.A. (MBR)        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 100.00%      
% Noncontrolling interest 0.00%      
% Voting capital 100.00%      
Salobo Metais S.A.        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 100.00%      
% Noncontrolling interest 0.00%      
% Voting capital 100.00%      
PT Vale Indonesia        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 44.30%      
% Noncontrolling interest 55.70%      
% Voting capital 44.30%      
Current assets $ 771 595    
Non-current assets. 1,875 1,881    
Related parties - Stockholders 82 61    
Total assets 2,728 2,537    
Current liabilities 174 162    
Non-current liabilities 70 53    
Total liabilities 244 215    
Stockholders' equity 2,484 2,322    
Equity attributable to non-controlling interests 1,383 1,292    
Net income (loss) 198 84    
Net income (loss) attributable to noncontrolling interests 110 35    
Dividends paid to noncontrolling interests $ 18      
Vale International Holdings GmbH        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 100.00%      
% Noncontrolling interest 0.00%      
% Voting capital 100.00%      
Vale Canada Limited        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 100.00%      
% Noncontrolling interest 0.00%      
% Voting capital 100.00%      
Vale International S.A.        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 100.00%      
% Noncontrolling interest 0.00%      
% Voting capital 100.00%      
Vale Malaysia Minerals Sdn. Bhd.        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 100.00%      
% Noncontrolling interest 0.00%      
% Voting capital 100.00%      
Vale Oman Distribution Center LLC        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 100.00%      
% Noncontrolling interest 0.00%      
% Voting capital 100.00%      
VNC        
Summarized financial information        
Current assets   2    
Related parties - Stockholders   49    
Total assets   51    
Related parties - Stockholders   281    
Total liabilities   281    
Stockholders' equity   (230)    
Equity attributable to non-controlling interests   (12)    
Net income (loss)   (669)    
Net income (loss) attributable to noncontrolling interests   (33)    
Vale Mocambique S.A.        
Summarized financial information        
Current assets $ 420 352    
Non-current assets. 195 168    
Related parties - Stockholders 6 29    
Total assets 621 549    
Current liabilities 224 341    
Non-current liabilities 74 98    
Related parties - Stockholders 12,072 12,185    
Total liabilities 12,370 12,624    
Stockholders' equity (11,749) (12,075)    
Equity attributable to non-controlling interests (587) (2,330)    
Net income (loss) 326 (1,804)    
Net income (loss) attributable to noncontrolling interests (85) (348)    
Other Subsidiaries With Material Non-controlling Interest Member        
Summarized financial information        
Equity attributable to non-controlling interests (21) 68    
Net income (loss) attributable to noncontrolling interests $ (10) (9)    
Vale Oman Pelletizing Company LLC        
Summarized financial information        
Ownership interest in subsidiary (as a percent) 70.00%      
% Noncontrolling interest 30.00%      
% Voting capital 70.00%      
Current assets $ 92 58    
Non-current assets. 633 650    
Related parties - Stockholders 25 47    
Total assets 750 755    
Current liabilities 97 37    
Non-current liabilities 157 198    
Related parties - Stockholders 296 325    
Total liabilities 550 560    
Stockholders' equity 200 195    
Equity attributable to non-controlling interests 60 59    
Net income (loss) 27 20    
Net income (loss) attributable to noncontrolling interests 8 6    
Dividends paid to noncontrolling interests $ 12 $ 14