XML 52 R5.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of cash flows [abstract]      
Cash flow from operations $ 17,252 $ 18,762 $ 33,414
Interest on loans and borrowings paid (743) (785) (693)
Cash received (paid) on settlement of derivatives, net 567 (83) (197)
Payments related to Brumadinho event (1,330) (1,093) (1,388)
Payments related to de-characterization of dams (458) (349) (338)
Interest on participative shareholders' debentures paid (233) (371) (418)
Income taxes paid (including settlement program) (1,890) (4,637) (4,385)
Net cash generated by operating activities from continuing operations 13,165 11,444 25,995
Net cash generated (used) by operating activities from discontinued operations 41 (316)
Net cash generated by operating activities 13,165 11,485 25,679
Cash flow from investing activities:      
Capital expenditures (5,920) (5,446) (5,033)
Payments related to Samarco dam failure (553) (338) (413)
Additions to investments (19) (42)
Proceeds (payments) from disposal of investments, net (139) 577 704
Dividends received from associates and joint ventures 204 219 190
Short-term investment 127 260 582
Other investing activities, net (19) 145 (129)
Net cash used in investing activities from continuing operations (6,319) (4,583) (4,141)
Net cash used in investing activities from discontinued operations (103) (2,469)
Net cash used in investing activities (6,319) (4,686) (6,610)
Cash flow from financing activities:      
Loans and borrowings from third parties 1,950 1,275 930
Payments of loans and borrowings from third parties (658) (2,300) (1,927)
Payments of leasing (233) (224) (215)
Dividends and interest on capital paid to Vale’s shareholders (5,513) (6,603) (13,483)
Dividends and interest on capital paid to noncontrolling interest (41) (12) (30)
Shares buyback program (2,714) (6,036) (5,546)
Acquisition of stake in VOPC (130)
Net cash used in financing activities from continuing operations (7,339) (13,900) (20,271)
Net cash used in financing activities from discontinued operations (11) (13)
Net cash used in financing activities (7,339) (13,911) (20,284)
Net decrease in cash and cash equivalents (493) (7,112) (1,215)
Cash and cash equivalents in the beginning of the year 4,736 11,721 13,487
Effect of exchange rate changes on cash and cash equivalents 69 138 (551)
Effect of transfer PTVI to non-current assets held for sale (703)
Cash and cash equivalents from subsidiaries sold, net (11)
Cash and cash equivalents at end of the year $ 3,609 $ 4,736 $ 11,721