XML 114 R81.htm IDEA: XBRL DOCUMENT
v3.19.1

Derivative instruments (Narrative) (Details) $ in Thousands, R$ in Millions | 1 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | ---
Apr. 30, 2017 BRL (R$) instrument | Apr. 30, 2017 USD ($) instrument | Dec. 31, 2018 USD ($) | Dec. 31, 2017 USD ($) | Dec. 31, 2016 USD ($) | Jul. 31, 2017 instrument | Mar. 29, 2016 BRL (R$) instrument | Mar. 29, 2016 USD ($) instrument
Derivative [Line Items] |  |  |  |  |  |  |  |
Interest paid |  |  | $ 55,400 | $ 53,206 | $ 76,605 |  |  |
Interest expense |  |  | 52,868 | 68,357 | 66,880 |  |  |
Derivatives Not Designated as Hedging Instrument | Forward Contracts |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Payments for derivative instrument |  |  | 81 | 1,156 |  |  |  |
Subsidiaries | Secured Loan Agreement |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Interest expense, debt |  |  | 0 | 2,570 | 6,519 |  |  |
Subsidiaries | Secured Loan Agreement | Cross-Currency Interest Rate Swaps |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Number of instruments held | instrument |  |  |  |  |  |  | 5 | 5
Notional amount of derivative |  |  |  |  |  |  | R$ 613.9 | $ 167,300
Accrued interest |  |  |  | 6,921 | 18,177 |  |  |
Interest expense |  |  |  | 9,491 | 24,696 |  |  |
Subsidiaries | CDI | Secured Loan Agreement | Cross-Currency Interest Rate Swaps |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Basis point spread on variable rate (as a percent) |  |  |  |  |  |  | 4.50% | 4.50%
Cash Flow Hedging | Forward Contracts |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Net collections (payments) to derivative instrument hedges |  |  | 75 | (1,236) | (1,307) |  |  |
Cash Flow Hedging | Cross-Currency Interest Rate Swaps |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Percentage of principal and interest collections hedged (as a percent) |  |  |  |  |  | 73.00% |  |
Interest paid |  |  | 10,671 | 6,163 | 2,795 |  |  |
Cash Flow Hedging | Call Spread |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Number of instruments held | instrument | 2 | 2 |  |  |  |  |  |
Cash Flow Hedging | Coupon-only Swap |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Number of instruments held | instrument | 2 | 2 |  |  |  |  |  |
Interest paid |  |  | 2,900 | 1,390 |  |  |  |
Cash Flow Hedging | Derivatives Designated As Hedging Instruments | Forward Contracts |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Notional amount outstanding |  |  | $ 24,145 |  |  |  |  |
Cash Flow Hedging | Derivatives Designated As Hedging Instruments | Cross-Currency Interest Rate Swaps |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Number of instruments held | instrument |  |  |  |  |  | 3 |  |
Cash Flow Hedging | Subsidiaries | Cross-Currency Interest Rate Swaps |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Percentage of principal and interest collections hedged (as a percent) | 50.00% | 50.00% |  |  |  |  |  |
Cash Flow Hedging | Subsidiaries | Call Spread |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Percentage of principal and interest collections hedged (as a percent) | 50.00% | 50.00% |  |  |  |  |  |
Cash Flow Hedging | Subsidiaries | Coupon-only Swap |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Percentage of principal and interest collections hedged (as a percent) | 50.00% | 50.00% |  |  |  |  |  |
Fair Value Hedging | Subsidiaries | Secured Loan Agreement |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Interest expense, debt |  |  |  | 2,570 | 6,519 |  |  |
Fair Value Hedging | Subsidiaries | Secured Loan Agreement | Cross-Currency Interest Rate Swaps |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Number of instruments held | instrument |  |  |  |  |  |  | 5 | 5
Interest paid |  | $ 900 |  |  |  |  |  |
Notional amount of derivative |  |  |  |  |  |  | R$ 613.9 | $ 167,300
Payments for derivative instrument | R$ 122.7 | $ 39,100 |  |  |  |  |  |
Accrued interest |  |  |  | 6,921 | 18,177 |  |  |
Interest expense |  |  |  | $ 9,491 | $ 24,696 |  |  |
Fair Value Hedging | Subsidiaries | CDI | Secured Loan Agreement | Cross-Currency Interest Rate Swaps |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Basis point spread on variable rate (as a percent) |  |  |  |  |  |  | 4.50% | 4.50%

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