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v3.24.1.u1

Taxes (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Notes and other explanatory information [abstract] |  |  |
Income before income taxes | $ 11,151 | $ 19,781 | $ 29,541
Income taxes at statutory rate (34%) | (3,791) | (6,726) | (10,044)
Adjustments that affect the taxes basis: |  |  |
Tax incentives | 1,071 | 1,247 | 2,826
Income tax benefit from interest on capital | 789 | 556 | 260
Equity results | 88 | 84 | 167
Addition of tax loss carryforward | 409 | 899 | 663
Reclassification of cumulative adjustments to the income statement |  | 547 | 1,471
Reversal of deferred income tax related to Renova Foundation | (1,078) |  |
Liabilities related to associates and joint ventures | (404) |  |
Other | (130) | 422 | (40)
Income taxes | (3,046) | (2,971) | (4,697)
Current tax | (1,375) | (2,020) | (5,663)
Deferred tax | $ (1,671) | $ (951) | $ 966

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