XML 63 R55.htm IDEA: XBRL DOCUMENT
v3.23.3

Financial assets and liabilities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Notes and other explanatory information [abstract] |
Schedule of financial instruments classification based on its recognition |
Schedule of financial instruments classification based on its recognition |  |  |
|  | June 30, 2023 | December 31, 2022
Financial assets | Notes | Amortized cost | At fair value through OCI | At fair value through profit or loss | Total | Amortized cost | At fair value through OCI | At fair value through profit or loss | Total
Current |  |  |  |  |  |  |  |  |
Cash and cash equivalents | 21 | 4,983 | - | - | 4,983 | 4,736 | - | - | 4,736
Short-term investments | 21 | - | - | 46 | 46 | - | - | 61 | 61
Derivative financial instruments | 18 | - | - | 522 | 522 | - | - | 342 | 342
Accounts receivable | 10 | 424 |  | 2,543 | 2,967 | 538 | - | 3,781 | 4,319
|  | 5,407 | - | 3,111 | 8,518 | 5,274 | - | 4,184 | 9,458
Non-current |  |  |  |  |  |  |  |  |
Judicial deposits | 26(c) | 1,326 | - | - | 1,326 | 1,215 | - | - | 1,215
Restricted cash |  | 108 | - | - | 108 | 77 | - | - | 77
Derivative financial instruments | 18 | - | - | 559 | 559 | - | - | 196 | 196
Investments in equity securities | 13 | - | 31 | - | 31 | - | 7 | - | 7
|  | 1,434 | 31 | 559 | 2,024 | 1,292 | 7 | 196 | 1,495
Total of financial assets |  | 6,841 | 31 | 3,670 | 10,542 | 6,566 | 7 | 4,380 | 10,953
Financial liabilities |  |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |  |
Suppliers and contractors | 12 | 5,240 | - | - | 5,240 | 4,461 | - | - | 4,461
Derivative financial instruments | 18 | - | - | 47 | 47 | - | - | 90 | 90
Loans, borrowings and leases | 21 | 912 | - | - | 912 | 489 | - | - | 489
Liabilities related to the concession grant | 13(a) | 611 | - | - | 611 | 416 | - | - | 416
Other financial liabilities - Related parties | 29 | 187 | - | - | 187 | 400 | - | - | 400
Contract liability and other financial liabilities |  | 754 | - | - | 754 | 766 | - | - | 766
|  | 7,704 | - | 47 | 7,751 | 6,532 | - | 90 | 6,622
Non-current |  |  |  |  |  |  |  |  |
Derivative financial instruments | 18 | - | - | 98 | 98 | - | - | 186 | 186
Loans, borrowings and leases | 21 | 13,025 | - | - | 13,025 | 12,223 | - | - | 12,223
Participative shareholders' debentures | 20 | - | - | 2,528 | 2,528 | - | - | 2,725 | 2,725
Liabilities related to the concession grant | 13(a) | 2,673 | - | - | 2,673 | 2,554 | - | - | 2,554
Financial guarantees |  | - | - | - | - | - | - | 103 | 103
|  | 15,698 | - | 2,626 | 18,324 | 14,777 | - | 3,014 | 17,791
Total of financial liabilities |  | 23,402 | - | 2,673 | 26,075 | 21,309 | - | 3,104 | 24,413
Schedule of assets and liabilities measured and recognized at fair value |
Schedule of assets and liabilities measured and recognized at fair value |  |  |
|  | June 30, 2023 | December 31, 2022
| Notes | Level 1 | Level 2 | Level 3 | Total | Level 1 | Level 2 | Level 3 | Total
Financial assets |  |  |  |  |  |  |  |  |
Short-term investments | 21 | 46 | - | - | 46 | 61 | - | - | 61
Derivative financial instruments | 18 | - | 1,081 | - | 1,081 | - | 538 | - | 538
Accounts receivable | 10 | - | 2,543 | - | 2,543 | - | 3,781 | - | 3,781
Investments in equity securities | 13 | - | 31 | - | 31 | - | 7 | - | 7
|  | 46 | 3,655 | - | 3,701 | 61 | 4,326 | - | 4,387
Financial liabilities |  |  |  |  |  |  |  |  |
Derivative financial instruments | 18 | - | 145 | - | 145 | - | 276 | - | 276
Participative shareholders' debentures | 20 | - | 2,528 | - | 2,528 | - | 2,725 | - | 2,725
Financial guarantees |  | - | - | - | - | - | 103 | - | 103
|  | - | 2,673 | - | 2,673 | - | 3,104 | - | 3,104
Schedule of fair value and carrying amounts of loans and financing |
Schedule of fair value and carrying amounts of loans and financing |  |
| June 30, 2023 | December 31, 2022
| Carrying amount | Fair value | Carrying amount | Fair value
Quoted in the secondary market: |  |  |  |
Bonds | 7,157 | 7,175 | 6,157 | 6,253
Debentures | 227 | 223 | 233 | 225
Debt contracts in Brazil in: |  |  |  |
R$, indexed to TJLP, TR, IPCA, IGP-M and CDI | 276 | 276 | 278 | 278
R$, with fixed interest | - | - | 2 | 2
Debt contracts in the international market in: |  |  |  |
US$, with variable and fixed interest | 4,512 | 3,587 | 4,266 | 4,391
Other currencies, with variable interest | 9 | 5 | 9 | 9
Other currencies, with fixed interest | 80 | 69 | 89 | 91
| 12,261 | 11,335 | 11,034 | 11,249

X
- Definition The disclosure of detailed information about financial instruments. [Refer: Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 31 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_31&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_7&doctype=Standard -URIDate 2023-03-23 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 35K -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_35K&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value of financial instruments. [Refer: Financial instruments, class [member]; At fair value [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_NotesAndOtherExplanatoryInformationAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | vale_DisclosureOfFairValuesAndCarryingAmountsOfNonCurrentLiabilitiesTextBlock
Namespace Prefix: | vale_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration