2.2.0.7 false Note 16 - Fair value Measurements 00915 - Disclosure - Note 16 - Fair value Measurements true false false false 1 USD false false Dollars Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ 2 Notes to Financial Statements [Abstract] 0 pbra_NotesToFinancialStatementsAbstract pbra false na duration No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 3 Note 16 - Fair value Measurements 1 us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div style="PADDING-RIGHT: 0%; PADDING-LEFT: 0%; WIDTH: 100%"> 16. Fair value Measurements The Companys debt including project financing obligations, resulting from Codification Topic 810 consolidation amounted to US$53,609 at September 30, 2010, and had an estimated fair value of US$54,910. The fair value hierarchy for the Companys financial assets and liabilities accounted for at fair value on a recurring basis, at September 30, 2010, was: <div align="left"> <table style="FONT-SIZE: 7pt; WIDTH: 100%; FONT-FAMILY: 'Arial'" cellspacing="0" border="0"> <tr> <td width="56%"></td> <td width="1%"></td> <td width="10%"></td> <td width="1%"></td> <td width="10%"></td> <td width="1%"></td> <td width="10%"></td> <td width="1%"></td> <td width="10%"></td> </tr> <tr valign="bottom"> <td align="left"> </td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center" colspan="7">As of September 30, 2010</td> </tr> <tr valign="bottom"> <td align="left"> </td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">Level 1</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">Level 2</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">Level 3</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">Total</td> </tr> <tr valign="bottom"> <td align="left">Assets</td> <td> </td> <td align="left"> </td> <td> </td> <td align="left"> </td> <td> </td> <td align="left"> </td> <td> </td> <td align="left"> </td> </tr> <tr valign="bottom"> <td style="TEXT-INDENT: 13px" align="left">Marketable securities</td> <td> </td> <td align="right">9,531</td> <td> </td> <td align="right">-</td> <td> </td> <td align="right">-</td> <td> </td> <td align="right">9,531</td> </tr> <tr valign="bottom"> <td style="TEXT-INDENT: 13px" align="left">Foreign exchange derivatives (Note 3)</td> <td> </td> <td align="right">-</td> <td> </td> <td align="right">95</td> <td> </td> <td align="right">-</td> <td> </td> <td align="right">95</td> </tr> <tr valign="bottom"> <td style="TEXT-INDENT: 13px" align="left">Commodity derivatives (Note 3)</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">28</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">12</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">-</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">40</td> </tr> <tr valign="bottom"> <td align="left">Total assets</td> <td> </td> <td style="BORDER-BOTTOM: #000000 3px double" align="right">9,559</td> <td> </td> <td style="BORDER-BOTTOM: #000000 3px double" align="right">107</td> <td> </td> <td style="BORDER-BOTTOM: #000000 3px double" align="right">-</td> <td> </td> <td style="BORDER-BOTTOM: #000000 3px double" align="right">9,666</td> </tr> <tr valign="bottom"> <td align="left">Liabilities</td> <td> </td> <td align="left"> </td> <td> </td> <td align="left"> </td> <td> </td> <td align="left"> </td> <td> </td> <td align="left"> </td> </tr> <tr valign="bottom"> <td style="TEXT-INDENT: 13px" align="left">Commodity derivatives (Note 3)</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">(70)</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">(10)</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">-</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">(80)</td> </tr> <tr valign="bottom"> <td align="left">Total liabilities</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">(70)</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">(10)</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">-</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">(80)</td> </tr> </table> </div>   </div> <div style="PADDING-RIGHT: 0%; PADDING-LEFT: 0%; WIDTH: 100%"> The fair value hierarchy for the Companys non financial assets and liabilities measured at fair value on a non-recurring basis at September 30, 2010, was: <div align="left"> <table style="FONT-SIZE: 7pt; WIDTH: 100%; FONT-FAMILY: 'Arial'" cellspacing="0" border="0"> <tr> <td width="56%"></td> <td width="1%"></td> <td width="10%"></td> <td width="1%"></td> <td width="10%"></td> <td width="1%"></td> <td width="10%"></td> <td width="1%"></td> <td width="10%"></td> </tr> <tr valign="bottom"> <td align="center"> </td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center" colspan="7">As of September 30, 2010</td> </tr> <tr> <td align="center" colspan="9"> </td> </tr> <tr valign="bottom"> <td align="center"> </td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">Level 1</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">Level 2</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">Level 3</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="center">Total</td> </tr> <tr> <td colspan="9"> </td> </tr> <tr valign="bottom"> <td align="left">Assets</td> <td> </td> <td align="left"> </td> <td> </td> <td align="left"> </td> <td> </td> <td align="left"> </td> <td> </td> <td align="left"> </td> </tr> <tr valign="bottom"> <td style="TEXT-INDENT: 13px" align="left">Long-lived assets held for sale</td> <td> </td> <td align="right">-</td> <td> </td> <td align="right">34</td> <td> </td> <td align="right">-</td> <td> </td> <td align="right">34</td> </tr> <tr valign="bottom"> <td style="TEXT-INDENT: 13px" align="left">Long-lived assets held and used</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">-</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">-</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">94</td> <td> </td> <td style="BORDER-BOTTOM: #000000 1px solid" align="right">94</td> </tr> </table> </div>   In accordance with ASC Topic 360, long-lived assets held for sale with a carrying amount of US$84 were written down to their fair value of US$34, resulting in an impairment charge before taxes of US$50. The fair value was obtained from bids of prospective buyers. In accordance with the provisions of ASC Topic 360, long-lived assets held and used with a carrying amount of US$138 were written down to their fair value of US$94, resulting in an impairment charge of US$44, before taxes, which was included in earnings for the period. </div> 16. Fair value Measurements The Companys debt including project financing obligations, resulting from Codification Topic 810 consolidation amounted to false false false us-types:textBlockItemType textblock Container for the investments in and advances to affiliates table. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 14 -Article 12 false 1 2 false UnKnown UnKnown UnKnown false true