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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Profit or loss [abstract]      
Sales revenues $ 83,966 $ 53,683 $ 76,589
Cost of sales (43,164) (29,195) (45,732)
Gross profit 40,802 24,488 30,857
Income (expenses)      
Selling expenses (4,229) (4,884) (4,476)
General and administrative expenses (1,176) (1,090) (2,124)
Exploration costs (687) (803) (799)
Research and development expenses (563) (355) (576)
Other taxes (406) (952) (619)
Impairment of assets 3,190 (7,339) (2,848)
Other income and expenses 653 998 1,199
 Total Income (expenses) (3,218) (14,425) (10,243)
Income before net finance expense, results of equity-accounted investments and income taxes 37,584 10,063 20,614
Finance income 821 551 1,330
Finance expenses (5,150) (6,004) (7,086)
Foreign exchange gains (losses) and inflation indexation charges (6,637) (4,177) (3,008)
Net finance expense (10,966) (9,630) (8,764)
Results of equity-accounted investments 1,607 (659) 153
Net income (loss) before income taxes 28,225 (226) 12,003
Income taxes (8,239) 1,174 (4,200)
Net income from continuing operations for the year 19,986 948 7,803
Net income from discontinued operations for the year 2,560
Net income for the year 19,986 948 10,363
Net income attributable to shareholders of Petrobras 19,875 1,141 10,151
Net income from continuing operations 19,875 1,141 7,660
Net income from discontinued operations 2,491
Net income (loss) attributable to non-controlling interests 111 (193) 212
Net income (loss) from continuing operations 111 (193) 143
Net income from discontinued operations $ 69
Basic and diluted earnings per common and preferred share - in U.S. dollars $ 1.52 $ 0.09 $ 0.78
From continuing operations 1.52 0.09 0.59
From discontinued operations $ 0.19