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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Profit or loss [abstract]      
Revenue $ 1,732 $ 1,829 $ 1,508
Cost of sales (1,107) (1,139) (951)
Gross profit 625 690 557
Selling expenses (66) (65) (37)
Administrative expenses (185) (142) (102)
Exploration expenses (7)
Other operating income 177 131 105
Other operating expenses (88) (46) (58)
Impairment of property, plant and equipment, intangible assets and inventories (39) (38) (4)
(Impairment) Recovery of impairment of financial assets (4) 1
Share of profit from associates and joint ventures (2) 105 100
Profit from sale/acquisition of companies´ interest       9 17
Operating income  424 631 579
Financial income 5 5 10
Financial costs (364) (221) (185)
Other financial results 558 166 (14)
Financial results, net 199 (50) (189)
Profit before income tax 623 581 390
Income tax (318) (124) (77)
Profit of the year from continuing operations 305 457 313
Loss of the year from discontinued operations (75)
Total income (loss) of the year 305 457 238
Items that will not be reclassified to profit or loss      
Results related to defined benefit plans (5) (9) (3)
Income tax 2 3 1
Exchange differences on translation (78) 21 22
Items that may be reclassified to profit or loss      
Exchange differences on translation (97) 39 70
Other comprehensive (loss) income of the year from continuing operations (178) 54 90
Other comprehensive income of the year from discontinued operations 64
Other comprehensive (loss) income of the year (178) 54 154
Total comprehensive income of the year 127 511 392
Total income (loss) of the year attributable to:      
Owners of the company 302 456 273
Non-controlling interest 3 1 (35)
Total income (loss) of the year attributable to owners of the Company:      
Continuing operations  302 456 312
Discontinued operations  (39)
Total income of the year attributable to owners of the company 302 456 273
Total comprehensive income (loss) of the year attributable to:      
Owners of the Company 124 510 393
Non-controlling interest 3 1 (1)
Total comprehensive income (loss) of the year attributable to owners of the Company:      
Continuing operations  124 510 402
Discontinued operations  (9)
Total comprehensive income (loss) of the year attributable to owners of the company $ 124 $ 510 $ 393