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FINANCIAL INSTRUMENTS AND RISK MANAGEMENT - Management of Capital Risk (Details) - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
FINANCIAL INSTRUMENTS AND RISK MANAGEMENT        
Total loans, financing and debentures R$ 60,780,290 R$ 59,106,522    
Derivative financial liabilities 657,514      
Marketable securities (6,352,895) (12,605,747)    
Cash and Cash Equivalents (13,046,371) (10,739,126) R$ (192,659) R$ (286,607)
Net debt 42,038,538 35,761,649    
Total Shareholders' Equity 112,464,644 111,028,636 R$ 76,416,764 R$ 73,751,294
Total Capital R$ 154,503,182 R$ 146,790,285    
Financial Leverage index 27.00% 24.00%