XML 153 R144.htm IDEA: XBRL DOCUMENT v3.23.1
Property, plant and equipment - Movements (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
IfrsStatementLineItems [Line Items]    
Balance at beginning of year $ 41,931 $ 41,148
Additions (i) [1] 5,573 5,501
Disposals (221) (192)
Assets retirement obligation (562) 57
Depreciation, depletion and amortization (2,669) (2,626)
Acquisition of NLC   922
Impairment 214 (130)
Transfers to non-current assets held for sale (214) (6)
Translation adjustment 886 (1,654)
Balance at end of year 44,938 41,931
Balance at end of year 44,938 41,931
Impairment loss 882  
Gross carrying amount [member]    
IfrsStatementLineItems [Line Items]    
Property, plant and equipment, cost 78,341 73,226
Accumulated depreciation, amortisation and impairment [member]    
IfrsStatementLineItems [Line Items]    
Accumulated depreciation (33,403) (31,295)
Discontinued operations [member]    
IfrsStatementLineItems [Line Items]    
Impairment [2]   (1,089)
Land and buildings [member]    
IfrsStatementLineItems [Line Items]    
Balance at beginning of year 8,137 8,591
Disposals (22) (13)
Depreciation, depletion and amortization (409) (436)
Acquisition of NLC   235
Impairment 56 (11)
Transfers to non-current assets held for sale (56) (2)
Translation adjustment 308 (412)
Transfers 899 416
Balance at end of year 8,913 8,137
Balance at end of year 8,913 8,137
Land and buildings [member] | Gross carrying amount [member]    
IfrsStatementLineItems [Line Items]    
Property, plant and equipment, cost 16,027 14,937
Land and buildings [member] | Accumulated depreciation, amortisation and impairment [member]    
IfrsStatementLineItems [Line Items]    
Accumulated depreciation (7,114) (6,800)
Land and buildings [member] | Discontinued operations [member]    
IfrsStatementLineItems [Line Items]    
Impairment [2]   (231)
Facilities [Member]    
IfrsStatementLineItems [Line Items]    
Balance at beginning of year 7,232 7,591
Disposals (24) (32)
Depreciation, depletion and amortization (478) (475)
Acquisition of NLC   140
Impairment 34 (7)
Transfers to non-current assets held for sale (34)  
Translation adjustment 340 (432)
Transfers 972 561
Balance at end of year 8,042 7,232
Balance at end of year 8,042 7,232
Facilities [Member] | Gross carrying amount [member]    
IfrsStatementLineItems [Line Items]    
Property, plant and equipment, cost 12,819 11,560
Facilities [Member] | Accumulated depreciation, amortisation and impairment [member]    
IfrsStatementLineItems [Line Items]    
Accumulated depreciation (4,777) (4,328)
Facilities [Member] | Discontinued operations [member]    
IfrsStatementLineItems [Line Items]    
Impairment [2]   (114)
Machinery [member]    
IfrsStatementLineItems [Line Items]    
Balance at beginning of year 4,743 4,933
Disposals (19) (69)
Depreciation, depletion and amortization (700) (664)
Acquisition of NLC   102
Impairment 64 (11)
Transfers to non-current assets held for sale (64) (1)
Translation adjustment 102 (130)
Transfers 858 669
Balance at end of year 4,984 4,743
Balance at end of year 4,984 4,743
Machinery [member] | Gross carrying amount [member]    
IfrsStatementLineItems [Line Items]    
Property, plant and equipment, cost 11,647 10,770
Machinery [member] | Accumulated depreciation, amortisation and impairment [member]    
IfrsStatementLineItems [Line Items]    
Accumulated depreciation (6,663) (6,027)
Machinery [member] | Discontinued operations [member]    
IfrsStatementLineItems [Line Items]    
Impairment [2]   (86)
Tangible exploration and evaluation assets [member]    
IfrsStatementLineItems [Line Items]    
Balance at beginning of year 7,742 8,054
Disposals (3) (2)
Assets retirement obligation (562) 57
Depreciation, depletion and amortization (436) (450)
Impairment 39 (21)
Transfers to non-current assets held for sale (39)  
Translation adjustment (131) (132)
Transfers 502 236
Balance at end of year 7,112 7,742
Balance at end of year 7,112 7,742
Tangible exploration and evaluation assets [member] | Gross carrying amount [member]    
IfrsStatementLineItems [Line Items]    
Property, plant and equipment, cost 16,405 17,036
Tangible exploration and evaluation assets [member] | Accumulated depreciation, amortisation and impairment [member]    
IfrsStatementLineItems [Line Items]    
Accumulated depreciation (9,293) (9,294)
Railway Equipment [Member]    
IfrsStatementLineItems [Line Items]    
Balance at beginning of year 2,334 2,523
Disposals (7) (9)
Depreciation, depletion and amortization (160) (166)
Acquisition of NLC   318
Translation adjustment 159 (167)
Transfers 149 152
Balance at end of year 2,475 2,334
Balance at end of year 2,475 2,334
Railway Equipment [Member] | Gross carrying amount [member]    
IfrsStatementLineItems [Line Items]    
Property, plant and equipment, cost 4,099 3,717
Railway Equipment [Member] | Accumulated depreciation, amortisation and impairment [member]    
IfrsStatementLineItems [Line Items]    
Accumulated depreciation (1,624) (1,383)
Railway Equipment [Member] | Discontinued operations [member]    
IfrsStatementLineItems [Line Items]    
Impairment [2]   (317)
Right-of-use assets [member]    
IfrsStatementLineItems [Line Items]    
Balance at beginning of year 1,537 1,563
Additions (i) [1] 77 185
Depreciation, depletion and amortization (185) (171)
Acquisition of NLC   33
Impairment 26 (13)
Translation adjustment   (27)
Balance at end of year 1,455 1,537
Balance at end of year 1,455 1,537
Right-of-use assets [member] | Gross carrying amount [member]    
IfrsStatementLineItems [Line Items]    
Property, plant and equipment, cost 2,120 2,014
Right-of-use assets [member] | Accumulated depreciation, amortisation and impairment [member]    
IfrsStatementLineItems [Line Items]    
Accumulated depreciation (665) (477)
Right-of-use assets [member] | Discontinued operations [member]    
IfrsStatementLineItems [Line Items]    
Impairment [2]   (33)
Other property, plant and equipment [member]    
IfrsStatementLineItems [Line Items]    
Balance at beginning of year 2,484 2,495
Disposals (2) (4)
Depreciation, depletion and amortization (301) (264)
Acquisition of NLC   2
Impairment 21 (7)
Transfers to non-current assets held for sale (21)  
Translation adjustment 43 (99)
Transfers 408 365
Balance at end of year 2,632 2,484
Balance at end of year 2,632 2,484
Other property, plant and equipment [member] | Gross carrying amount [member]    
IfrsStatementLineItems [Line Items]    
Balance at beginning of year 5,470  
Balance at end of year   5,470
Property, plant and equipment, cost 5,899  
Balance at end of year   5,470
Other property, plant and equipment [member] | Accumulated depreciation, amortisation and impairment [member]    
IfrsStatementLineItems [Line Items]    
Accumulated depreciation (3,267) (2,986)
Other property, plant and equipment [member] | Discontinued operations [member]    
IfrsStatementLineItems [Line Items]    
Impairment [2]   (4)
Construction in progress [member]    
IfrsStatementLineItems [Line Items]    
Balance at beginning of year 7,722 5,398
Additions (i) [1] 5,496 5,316
Disposals (144) (63)
Acquisition of NLC   92
Impairment   (60)
Transfers to non-current assets held for sale   (3)
Translation adjustment 39 (255)
Transfers (3,788) (2,399)
Balance at end of year 9,325 7,722
Balance at end of year 9,325 7,722
Construction in progress [member] | Gross carrying amount [member]    
IfrsStatementLineItems [Line Items]    
Property, plant and equipment, cost $ 9,325 7,722
Construction in progress [member] | Discontinued operations [member]    
IfrsStatementLineItems [Line Items]    
Impairment [2]   $ (304)
[1] The additions are mainly related to the expansion of the Voisey’s Bay mine and the Salobo III project, Sol do Cerrado (solar energy plant) and the execution of the Capanema project. It also includes capitalized interest.
[2] The Company recognized an impairment loss of US$882 related to NLC assets for the year ended December 31, 2021.