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FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT - Outstanding derivatives by contract type, including embedded derivatives (Details)
R$ in Thousands, $ in Thousands
Dec. 31, 2024
BRL (R$)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
BRL (R$)
Dec. 31, 2023
USD ($)
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Derivative fair value asset (liability), net R$ (6,567,720)   R$ 1,994,382  
Derivative financial instruments 1,006,427   2,676,526  
Derivative financial instruments 2,880,673   1,753,928  
Current derivative financial liabilities (2,760,273)   (578,763)  
Non-current derivative financial liabilities (7,694,547)   (1,857,309)  
Operational Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Derivative fair value asset (liability), net (4,660,846)   2,231,475  
Fair value hedges        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Derivative fair value asset (liability), net (1,843,085)   (486,713)  
Commodity Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Derivative fair value asset (liability), net (63,789)   249,620  
NDF (R$ x US$) | Operational Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount 581,000   505,000  
Derivative fair value asset (liability), net (331,876)   162,776  
NDF (Euro x US$) | Operational Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount   262,088  
Derivative fair value asset (liability), net   100,362  
Swap US-CPI (US$) | Commodity Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount 138,439   131,510  
Derivative fair value asset (liability), net (80,759)   230,471  
Swap VLSFO/Brent | Commodity Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount 39,706   142,794  
Derivative fair value asset (liability), net 10,873   22,297  
Interest rate swap contract | ZCC | Operational Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   $ 6,852,200   $ 4,500,200
Derivative fair value asset (liability), net (4,328,970)   1,968,337  
Interest rate swap contract | ZCC | Commodity Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   163,941   163,100
Derivative fair value asset (liability), net 6,097   (3,148)  
Interest rate swap contract | NDF (R$ x US$) | Operational Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   581,000   505,000
Derivative fair value asset (liability), net (331,876)   162,776  
Interest rate swap contract | NDF (Euro x US$) | Operational Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $     262,088
Derivative fair value asset (liability), net   100,362  
Interest rate swap contract | Swap SOFR to Fixed (US$) | Fair value hedges        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   1,973,705   2,555,626
Derivative fair value asset (liability), net 394,129   741,492  
Interest rate swap contract | Swap IPCA to CDI (notional in Brazilian Reais) | Fair value hedges        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   8,128,395   4,274,397
Derivative fair value asset (liability), net (825,899)   47,645  
Interest rate swap contract | Swap CNH to Fixed (CNH) | Fair value hedges        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   165,815    
Derivative fair value asset (liability), net (6,440)      
Interest rate swap contract | Swap CDI x Fixed (US$) | Fair value hedges        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   909,612   1,025,000
Derivative fair value asset (liability), net (776,261)   (1,081,964)  
Interest rate swap contract | Pre-fixed Swap to US$ (US$) | Fair value hedges        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $     200,000
Derivative fair value asset (liability), net   (203,045)  
Interest rate swap contract | Swap CDI x SOFR (US$) | Fair value hedges        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   610,171   125,000
Derivative fair value asset (liability), net (590,764)     25,774
Interest rate swap contract | Swap SOFR to SOFR (US$) | Fair value hedges        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   150,961   150,961
Derivative fair value asset (liability), net (37,850)     (16,615)
Interest rate swap contract | Swap US-CPI (US$) | Commodity Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   138,439   131,510
Derivative fair value asset (liability), net (80,759)   230,471  
Interest rate swap contract | Swap VLSFO/Brent | Commodity Hedge        
FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT        
Principle amount | $   $ 39,706   $ 142,794
Derivative fair value asset (liability), net R$ 10,873   R$ 22,297