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Investments in associates and joint ventures (Details) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 USD ($)
IfrsStatementLineItems [Line Items] |
Investments in associates and joint ventures, beginning balance | $ 1,798
Investments in associates and joint ventures, ending balance | 1,872
Iron Ore Solutions [Member] |
IfrsStatementLineItems [Line Items] |
Investments in associates and joint ventures, beginning balance | 1,296
Equity results in income statement | 101
Dividends received | (143)
Translation adjustment | 94
Other | 1
Investments in associates and joint ventures, ending balance | 1,349
Energy Transition Metals [Member] |
IfrsStatementLineItems [Line Items] |
Transfer to assets held for sale | (13)
Other | 13
All other segments [member] |
IfrsStatementLineItems [Line Items] |
Investments in associates and joint ventures, beginning balance | 502
Additions and capitalizations | 1
Equity results in income statement | 43
Dividends received | (60)
Translation adjustment | 41
Other | (4)
Investments in associates and joint ventures, ending balance | $ 523
Baovale Mineracao S A [Member] | Iron Ore Solutions [Member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 50.00%
Investments in associates and joint ventures, beginning balance | $ 24
Additions and capitalizations |
Equity results in income statement | 3
Dividends received | (2)
Translation adjustment | 2
Transfer to assets held for sale |
Other | 1
Investments in associates and joint ventures, ending balance | $ 28
Companhia Coreano Brasileira De Pelotizacao [Member] | Iron Ore Solutions [Member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 50.00%
Investments in associates and joint ventures, beginning balance | $ 80
Equity results in income statement | 17
Dividends received | (30)
Translation adjustment | 6
Investments in associates and joint ventures, ending balance | $ 73
Companhia Hispano Brasileira De Pelotizacao [Member] | Iron Ore Solutions [Member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 50.89%
Investments in associates and joint ventures, beginning balance | $ 48
Equity results in income statement | 16
Dividends received | (18)
Translation adjustment | 3
Investments in associates and joint ventures, ending balance | $ 49
Companhia Italo Brasileira De Pelotizacao [Member] | Iron Ore Solutions [Member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 50.90%
Investments in associates and joint ventures, beginning balance | $ 62
Equity results in income statement | 16
Dividends received | (20)
Translation adjustment | 5
Investments in associates and joint ventures, ending balance | $ 63
Companhia Nipo Brasileira De Pelotizacao [Member] | Iron Ore Solutions [Member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 51.00%
Investments in associates and joint ventures, beginning balance | $ 145
Equity results in income statement | 39
Dividends received | (45)
Translation adjustment | 11
Investments in associates and joint ventures, ending balance | $ 150
M R S Logisticaa S A [Member] | Iron Ore Solutions [Member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 48.45%
Investments in associates and joint ventures, beginning balance | $ 509
Equity results in income statement | 118
Dividends received | (28)
Translation adjustment | 42
Other | (1)
Investments in associates and joint ventures, ending balance | $ 640
V L I S A [Member] | Iron Ore Solutions [Member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 29.60%
Investments in associates and joint ventures, beginning balance | $ 428
Equity results in income statement | (108)
Translation adjustment | 25
Other | 1
Investments in associates and joint ventures, ending balance | $ 346
Samarco Mineracao S A [Member] | Iron Ore Solutions [Member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 50.00%
P T Kolaka Nickel Indonesia [Member] | Energy Transition Metals [Member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 18.30%
Transfer to assets held for sale | $ (13)
Other | $ 13
Alianca Geracao De Energia S A [Member] | All other segments [member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 55.00%
Investments in associates and joint ventures, beginning balance | $ 340
Equity results in income statement | 48
Dividends received | (60)
Translation adjustment | 28
Investments in associates and joint ventures, ending balance | $ 356
Alianca Norte Energia Participacoes S A [Member] | All other segments [member] |
IfrsStatementLineItems [Line Items] |
Ownership interest in joint venture (as a percent) | 51.00%
Investments in associates and joint ventures, beginning balance | $ 106
Equity results in income statement | (8)
Translation adjustment | 8
Investments in associates and joint ventures, ending balance | 106
Other [Member] | All other segments [member] |
IfrsStatementLineItems [Line Items] |
Investments in associates and joint ventures, beginning balance | 56
Additions and capitalizations | 1
Equity results in income statement | 3
Translation adjustment | 5
Other | (4)
Investments in associates and joint ventures, ending balance | 61
Equity Results In Associates And Joint Ventures [Member] |
IfrsStatementLineItems [Line Items] |
Investments in associates and joint ventures, beginning balance | 1,798
Additions and capitalizations | 1
Equity results in income statement | 144
Dividends received | (203)
Translation adjustment | 135
Transfer to assets held for sale | (13)
Other | 10
Investments in associates and joint ventures, ending balance | 1,872
Other Results In Associates And Joint Ventures [Member] |
IfrsStatementLineItems [Line Items] |
Equity results in income statement | (1,252)
Equity Results And Other Results In Associates And Joint Ventures [Member] |
IfrsStatementLineItems [Line Items] |
Investments in associates and joint ventures, beginning balance | 1,798
Additions and capitalizations | 1
Equity results in income statement | (1,108)
Dividends received | (203)
Translation adjustment | 135
Transfer to assets held for sale | (13)
Other | 10
Investments in associates and joint ventures, ending balance | $ 1,872

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