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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 4,736 $ 11,721
Short-term investments [1] 61 184
Accounts receivable 4,319 3,914
Other financial assets 342 111
Inventories 4,482 4,377
Recoverable taxes 1,272 862
Other 314 215
Current assets excluding assets held for sale 15,526 21,384
Non-current assets held for sale 976
Total current assets 15,526 22,360
Non-current assets    
Judicial deposits 1,215 1,220
Other financial assets 280 143
Recoverable taxes 1,110 935
Deferred income taxes 10,770 11,441
Other 1,019 650
Total non-current assets excluding investments, intangible assets and property, plant and equipment 14,394 14,389
Investments in associates and joint ventures 1,798 1,751
Intangibles 10,238 9,011
Property, plant, and equipment 44,938 41,931
Total non current assets 71,368 67,082
Total assets 86,894 89,442
Current liabilities    
Suppliers and contractors 4,461 3,475
Loans, borrowings, and leases 489 1,204
Other financial liabilities 1,672 2,312
Taxes payable 470 2,177
Settlement program ("REFIS") 371 324
Liabilities related to associates and joint ventures 1,911 1,785
Provisions 1,036 1,045
Liabilities related to Brumadinho 944 1,156
De-characterization of dams and asset retirement obligations 661 621
Dividends payable 1,383
Other 493 744
Current liabilities excluding assets held for sale 13,891 14,843
Liabilities associated with non-current assets held for sale   355
 Total current liabilities 13,891 15,198
Non-current liabilities    
Loans, borrowings, and leases 12,223 12,578
Participative shareholders' debentures 2,725 3,419
Other financial liabilities 2,843 2,571
Settlement program ("REFIS") 1,869 1,964
Deferred income taxes 1,413 1,881
Provisions 2,446 3,419
Liabilities related to Brumadinho 2,368 2,381
De-characterization of dams and asset retirement obligations 6,520 7,482
Liabilities related to associates and joint ventures 1,410 1,327
Streaming transactions 1,612 1,779
Other 216 137
 Total non current liabilities 35,645 38,938
Total liabilities 49,536 54,136
Equity    
Equity attributable to Vale's shareholders 35,867 34,472
Equity attributable to noncontrolling interests 1,491 834
Total equity 37,358 35,306
Total liabilities and equity $ 86,894 $ 89,442
[1] Substantially comprises investments in exclusive investment fund, whose portfolio is composed of committed transactions and Financial Treasury Bills (“LFTs”), which are floating-rate securities issued by the Brazilian government.