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EMPLOYEE BENEFITS - Defined benefit pension plan - Assumptions used to calculate defined benefit plans (Details) - Defined benefit pension plan | Dec. 31, 2023 | Dec. 31, 2022
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Brazilian Plans |  |
Summary of assumptions used to calculate the defined benefit plans |  |
Average discount rate | 9.03% | 9.81%
North America Plan |  |
Summary of assumptions used to calculate the defined benefit plans |  |
Rate of increase in compensation | 1.50% | 3.00%
North America Plan | Minimum |  |
Summary of assumptions used to calculate the defined benefit plans |  |
Average discount rate | 4.12% | 5.05%
North America Plan | Maximum |  |
Summary of assumptions used to calculate the defined benefit plans |  |
Average discount rate | 5.11% | 5.11%

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- Definition The discount rate used as the significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Paragraph 144 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&anchor=para_144&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The expected rate of salary increases used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Paragraph 144 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&anchor=para_144&doctype=Standard -URIDate 2023-03-23 + Details
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