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Consolidated Interim Statement of Financial Position - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 6,479 $ 3,609
Short-term investments 61 51
Accounts receivable 2,332 4,197
Other financial assets 168 271
Inventories 4,793 4,684
Recoverable taxes 659 900
Judicial deposits 611
Other 337 444
Total current assets excluding assets held for sale 14,829 14,767
Non-current assets held for sale 3,933
Total current assets 14,829 18,700
Non-current assets    
Judicial deposits 585 798
Other financial assets 160 593
Recoverable taxes 1,329 1,374
Deferred income taxes 9,931 9,565
Other 1,289 1,257
Total non-current assets excluding investments, intangible assets and property, plant and equipment   13,294 13,587
Investments in associates and joint ventures 3,715 1,872
Intangibles 10,195 11,631
Property, plant, and equipment 44,582 48,396
Total non-current assets 71,786 75,486
Total assets 86,615 94,186
Current liabilities    
Suppliers and contractors 4,769 5,272
Loans and borrowings 910 824
Leases 177 197
Other financial liabilities 1,467 1,676
Taxes payable 1,242 1,314
Settlement program ("REFIS") 383 428
Liabilities related to Brumadinho 974 1,057
Liabilities related to associates and joint ventures 1,605 837
De-characterization of dams and asset retirement obligations 956 1,035
Provisions for litigation 115 114
Employee benefits 724 964
Other 421 376
Total current liabilities excluding assets held for sale 13,743 14,094
Liabilities associated with non-current assets held for sale 561
Total current liabilities 13,743 14,655
Non-current liabilities    
Loans and borrowings 12,860 11,647
Leases 1,183 1,255
Participative shareholders' debentures 2,451 2,874
Other financial liabilities 2,656 3,373
Settlement program ("REFIS") 1,284 1,723
Deferred income taxes 806 870
Liabilities related to Brumadinho 1,438 2,003
Liabilities related to associates and joint ventures 2,102 3,590
De-characterization of dams and asset retirement obligations 5,484 6,694
Provisions for litigation 765 885
Employee benefits 1,221 1,381
Streaming transactions 1,948 1,962
Other 287 293
Total non-current liabilities 34,485 38,550
Total liabilities 48,228 53,205
Equity    
Equity attributable to Vale's shareholders 36,974 39,461
Equity attributable to noncontrolling interests 1,413 1,520
Total equity 38,387 40,981
Total liabilities and equity $ 86,615 $ 94,186