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Note 12 - Income Tax and Social Contribution - Reconciliation From the Weighted Nominal to the Effective Tax Rate (Details) - BRL (R$)
R$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Statement Line Items [Line Items]      
Income before tax R$ 12,929.8 R$ 13,398.4 R$ 16,513.4
Adjustment on taxable basis      
Non-taxable income (310.9) (392.0) (999.9)
Government grants related to sales taxes (1,889.1) (1,528.6) (1,360.7)
Share of results of joint ventures 3.1 5.0 (3.1)
Non-deductible expenses 91.1 539.3 415.9
Complement of income tax of foreign subsidiaries due in Brazil 560.4 148.0 1,965.2
Results of intercompany transactions non-taxable/not deductible in Brazil (547.5) 640.7 (1,313.2)
R$ 10,836.9 R$ 12,810.8 R$ 15,217.6
Aggregated weighted nominal tax rate 29.22% 30.16% 31.59%
Taxes payable – nominal rate R$ (3,166.6) R$ (3,864.0) R$ (4,806.9)
Adjustment on tax expense      
Regional incentives - income taxes 304.6 264.5 257.8
Deductible interest on shareholders' equity 1,649.0 1,867.7 1,646.1
Tax savings from goodwill amortization on tax books 175.2 142.0 142.4
Withholding tax over undistributed profits (356.9) 153.1 (672.4)
Recognition / write-off of deferred charges on tax losses (178.9) 796.7 138.1
PERT 2017 (2,784.7)
Others with reduced taxation (721.0) 325.0 (339.3)
Income tax and social contribution expense R$ (5,079.3) R$ (315.0) R$ (3,634.2)
Effective tax rate 39.28% 2.35% 22.01%