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Cash flows reconciliation (Tables)
12 Months Ended
Dec. 31, 2022
Cash Flows Reconciliation  
Cash flow from operating activities
               
        Year ended December 31,
    Notes   2022   2021   2020
Cash flow from operating activities:                
Income before income taxes       19,781   29,541   6,990
Adjusted for:                
Equity results and other results in associates and joint ventures   15 and 25   (305)   1,271   1,020
Impairment and disposals (impairment reversal) of non-current assets, net   19   (773)   426   1,308
Provisions related to Brumadinho   24   400   201   4,130
Provision for de-characterization of dams   26   72   1,725   617
Depreciation, depletion and amortization       3,171   3,034   3,215
Financial results, net   6   (2,268)   (3,119)   4,813
Changes in assets and liabilities:                
Accounts receivable   11   (325)   1,029   (2,544)
Inventories   12   45   (503)   (183)
Suppliers and contractors   13   495   251   (222)
Other assets and liabilities, net       (1,531)   (442)   (250)
Cash flow from operations       18,762   33,414   18,894
Cash flow from investing activities
               
        Year ended December 31,
    Notes   2022   2021   2020
Disbursement related to VNC sale   16(f)    -   (555)   -
Proceeds from sale of CSI   16(c)   437   -   -
Proceeds from sale of Midwestern System, net of cash    16(b)   140   -   -
Proceeds from disposal of Mosaic shares   16(l)   -   1,259   -
Proceeds from sale of Vale Florestar    -   9   10   10
Proceeds from disposal of VLI shares   16(h)    -   -   241
Proceeds from sale of Longyu   16(j)    -   -   156
Proceeds from disposal of investments, net       586   714   407
Reconciliation of debt to cash flows
               
    Quoted in the secondary market   Debt contracts in Brazil   Debt contracts on the international market   Total
December 31, 2020   9,046   959   3,355   1,336
Additions   -       930   930
Payments (i)   (922)   (373)   (632)   (1,927)
Interest paid (ii)   (501)   (117)   (75)   (693)
Cash flow from financing activities   (1,423)   (490)   223   (1,690)
                 
Effect of exchange rate   (118)   (199)   177   (140)
Interest accretion   469   110   71   650
Non-cash changes   351   (89)   248   510
                 
December 31, 2021   7,974   380   3,826   12,180
Additions                         -                           -     1,275   1,275
Payments (i)   (1,441)   (220)   (639)   (2,300)
Interest paid (ii)   (650)   (45)   (90)   (785)
Cash flow from financing activities   (2,091)   (265)   546   (1,810)
Effect of exchange rate   126   7   (55)   78
Interest accretion   488   158   87   733
Non-cash changes   614   165   32   811
December 31, 2022   6,497   280   4,404   11,181

 

(i)Includes bond premium repurchase.
(ii)Classified as operating activities in the statement of cash flows.
Non-cash transactions
             
      Year ended December 31,
      2022   2021   2020
Non-cash transactions:              
Additions to property, plant and equipment - capitalized loans and borrowing costs     47   59   70