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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 4,953 $ 3,609
Short-term investments 53 51
Accounts receivable 2,358 4,197
Other financial assets 53 271
Inventories 4,605 4,684
Recoverable taxes 1,100 900
Judicial deposits 611
Other 359 444
Current assets excluding assets held for sale 13,481 14,767
Non-current assets held for sale 3,933
Total current assets 13,481 18,700
Non-current assets    
Judicial deposits 537 798
Other financial assets 82 593
Recoverable taxes 1,297 1,374
Deferred income taxes 8,244 9,565
Other 1,466 1,257
Total non-current assets excluding investments, intangible assets and property, plant and equipment 11,626 13,587
Investments in associates and joint ventures 4,547 1,872
Intangibles 10,514 11,631
Property, plant, and equipment 39,984 48,396
Total non current assets 66,671 75,486
Total assets 80,152 94,186
Current liabilities    
Suppliers and contractors 4,234 5,272
Loans and borrowings 1,020 824
Leases 147 197
Other financial liabilities 1,543 1,676
Taxes payable 574 1,314
Settlement programs ("REFIS") 353 428
Liabilities related to Brumadinho 714 1,057
Liabilities related to associates and joint ventures 1,844 837
De-characterization of dams and asset retirement obligations 833 1,035
Provisions for litigation 119 114
Employee benefits 1,012 964
Dividends payable 330
Other 367 376
Current liabilities excluding assets held for sale 13,090 14,094
Liabilities associated with non-current assets held for sale 561
Total current liabilities 13,090 14,655
Non-current liabilities    
Loans and borrowings 13,772 11,647
Leases 566 1,255
Participative shareholders' debentures 2,217 2,874
Other financial liabilities 2,347 3,373
Settlement programs ("REFIS") 1,007 1,723
Deferred income taxes 445 870
Liabilities related to Brumadinho 1,256 2,003
Liabilities related to associates and joint ventures 1,819 3,590
De-characterization of dams and asset retirement obligations 4,930 6,694
Provisions for litigation 894 885
Employee benefits 1,118 1,381
Streaming transactions 1,882 1,962
Other 281 293
 Total non current liabilities 32,534 38,550
Total liabilities 45,624 53,205
Equity    
Equity attributable to Vale S.A.'s shareholders 33,406 39,461
Equity attributable to noncontrolling interests 1,122 1,520
Total equity 34,528 40,981
Total liabilities and equity $ 80,152 $ 94,186