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Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Profit or loss [abstract]      
Sales revenues $ 95,584 $ 88,827 $ 81,405
Cost of sales (61,517) (60,147) (55,417)
Gross profit 34,067 28,680 25,988
Income (expenses)      
Selling expenses (4,631) (4,538) (3,963)
General and administrative expenses (2,455) (2,918) (3,319)
Exploration costs (524) (800) (1,761)
Research and development expenses (642) (572) (523)
Other taxes (752) (1,843) (714)
Impairment of assets (2,005) (1,191) (6,193)
Other income and expenses (5,626) (5,599) (5,207)
Income (expenses) (16,635) (17,461) (21,680)
Income before finance income (expense), results in equity-accounted investments and income taxes 17,432 11,219 4,308
Finance income 3,155 1,047 1,053
Finance expenses (5,790) (7,395) (6,958)
Foreign exchange gains (losses) and inflation indexation charges (3,222) (3,547) (1,850)
Net finance income (expense) (5,857) (9,895) (7,755)
Results in equity-accounted investments 523 673 (218)
Net income before income taxes 12,098 1,997 (3,665)
Income taxes (4,684) (1,828) (684)
Net income for the period 7,414 169 (4,349)
Non-controlling interests 241 260 489
shareholders of Petrobras $ 7,173 $ (91) $ (4,838)
Basic and diluted earnings per weighted-average of common and preferred share - in U.S. dollars $ 0.55 $ (0.01) $ (0.37)