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Post-retirement benefits (Tables)
12 Months Ended
Dec. 31, 2024
Text Block 1 [Abstract]  
Summary of Post Retirement Benefits
    
Note
    
12.31.2024
    
12.31.2023
 
Post-employment health care benefit plans in Brazil
     25.1.1        31.6        46.1  
Other post-employment benefit plans offered abroad
     (i      2.8        1.9  
     
 
 
    
 
 
 
Post-retirement benefits
     
 
34.4
 
  
 
48.0
 
     
 
 
    
 
 
 
Summary of reconciliation
The following table shows a reconciliation from the opening balances to the closing balances:
 
    
12.31.2024
    
12.31.2023
 
Balance at beginning of year
  
 
46.1
 
  
 
34.2
 
Current service cost
     0.1        0.1  
Interest expense
     3.9        3.8  
Remeasurement losses (gains):
     
Experience loss
     1.2        3.9  
(Gain) loss due to change in financial assumptions
     (4.5      2.8  
Gain due to change in demographic assumptions
     (4.5      —   
Benefits paid
     (1.3      (1.7
Translation adjustments
     (9.4      3.0  
  
 
 
    
 
 
 
Balance at end of year
  
 
31.6
 
  
 
46.1
 
  
 
 
    
 
 
 
Summary of Retirement probability
    
12.31.2024
    
12.31.2023
 
Discount rate
     7.45% p.a.        5.47% p.a.  
Health care cost trend rate: medical inflation
     3% p.a.        5% p.a.  
Aging factor
     3% p.a.        3% p.a.  
Summary of the reasonably possible changes
As of December 31, 2024, reasonably possible changes (1%) in each of the actuarial assumptions described below, holding other assumptions constant, would have (increased) or reduced the defined benefit obligation as shown below:
 
    
Increase
    
Reduction
 
Effect on the discount rate
     3.6        (4.4
Effect on medical inflation
     (4.3      3.6