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Other financial assets and liabilities (Details) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022
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Other Financial Assets And Liabilities |  |  |
Restricted cash-noncurrent |  | $ 108 | $ 77
Derivative financial instruments- current |  | 522 | 342
Derivative financial instruments - Non-Current |  | 559 | 196
Investments in equity securities -Non- Current | [1] | 31 | 7
Total other financial assets - Current |  | 522 | 342
Total other financial assets - Non-Current |  | 698 | 280
Derivative financial instruments - Current |  | 47 | 90
Derivative financial instruments - Non-Current |  | 98 | 186
Related parties - Current |  | 187 | 400
Financial guarantees provided -Non current | [2] |  | 103
Liabilities related to the concession grant-Current |  | 611 | 416
Liabilities related to the concession grant-Non current |  | 2,673 | 2,554
Contract liability | [3] | 754 | 766
Total other financial liabilities - Current |  | 1,599 | 1,672
Total other financial liabilities - Non-Current |  | $ 2,771 | $ 2,843
[1] | It mainly relates to a 2.66% noncontrolling interest in Boston Electrometallurgical Company, which aims to promote the development of a technology focused on reducing carbon dioxide emissions in steel production.
[2] | In March 2023, the Company completed the sale of its interest in CSP and derecognized the financial guarantee granted by the Company.
[3] | Includes advances received from customers that meets the definition of contract liability described in IFRS 15 – Revenue from Contracts with Customers and other financial liabilities that meets the definition of a financial liability described in IAS 32 - Financial Instruments: Presentation.

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- Definition The amount of current government grants recognised in the statement of financial position as deferred income. [Refer: Government [member]; Government grants] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_55&doctype=Standard -URIDate 2023-03-23 + Details
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