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Cash flows reconciliation (Tables)
 6 Months Ended
Jun. 30, 2023
Cash Flows Reconciliation  
Cash flow from operating activities
         
       
    Three-month period ended June 30, Six-month period ended June 30,
  Notes 2023 2022 2023 2022
Cash flow from operating activities:          
Income before income taxes   2,720 5,056 5,016 11,625
Adjusted for:          
Equity results and other results in associates and joint ventures 14 and 23 (5) 56 50 (155)
Impairment (impairment reversal) and results on disposal of non-current assets, net 15 and 17 66 82 70 (990)
Provisions related to Brumadinho 22 140 126 140 126
Provision for de-characterization of dams 24 - - - 37
Depreciation, depletion and amortization   779 810 1,435 1,496
Financial results, net 6 157 (821) 687 (579)
Changes in assets and liabilities:          
Accounts receivable 10 (247) 902 1,439 1,779
Inventories 11 (157) (305) (520) (609)
Suppliers and contractors 12 570 432 465 (240)
Other assets and liabilities, net   (764) (600) (1,243) (1,221)
Cash flow from operations   3,259 5,738 7,539 11,269
Cash flow from investing activities
         
   

Three-month period ended

June 30,

Six-month period ended

June 30,

  Notes 2023 2022 2023 2022
Cash received from the sale of California Steel Industries 15(d) - - - 437
Cash received from the sale of Companhia Siderúrgica do Pecém   - - 1,082 -
Cash contribution to Companhia Siderúrgica do Pecém 15(a) - - (1,149) -
Proceeds (payments) from disposal of investments, net   - - (67) 437
           
           
Reconciliation of debt to cash flows
Reconciliation of debt to cash flows        
 

Quoted in the

secondary market

 Debt contracts in Brazil

Debt contracts on the

international market

 Total
December 31, 2022 6,497 280 4,404 11,181
Additions 1,500                       -   300 1,800
Payments (517) (38) (65) (620)
Interest paid (i) (237) (16) (116) (369)
Cash flow from financing activities 746 (54) 119 811
Effect of exchange rate 7 34 3 44
Interest accretion 234 16 131 381
Non-cash changes 241 50 134 425
June 30, 2023 7,484 276 4,657 12,417
         
  Quoted in the secondary market Debt contracts in Brazil Debt contracts on the international market Total
December 31, 2021 7,974 380 3,826 12,180
Additions - - 625 625
Payments (1,317) (174) (337) (1,828)
Interest paid (i) (388) (37) (31) (456)
Cash flow from financing activities (1,705) (211) 257 (1,659)
Effect of exchange rate 71 77 (76) 72
Interest accretion 318 89 31 438
Non-cash changes 389 166 (45) 510
June 30, 2022 6,658 335 4,038 11,031

 

(i)Classified as operating activities in the statement of cash flows.
Non-cash transactions
       
     
  Three-month period ended June 30, Six-month period ended June 30,
  2023 2022 2023 2022
Non-cash transactions:        
Additions to property, plant and equipment - capitalized loans and borrowing costs 5 17 10 31