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Consolidated Statement of Changes in Equity - USD ($)
$ in Millions
Share capital
Results on conversion of shares
Capital reserve
Net ownership changes in subsidiaries
Profit reserves
Treasury stocks
Unrealized fair value gain (losses)
Cumulative translation adjustments
Retained earnings
Equity attributable to Vale's stockholders
Equity attributable to noncontrolling interests
Total
Balance at beginning of year at Dec. 31, 2015 $ 61,614 $ (152)   $ (702) $ 985 $ (1,477) $ (992) $ (25,687)   $ 33,589 $ 2,115 $ 35,704
Net income (loss)                 $ 3,982 3,982 (6) 3,976
Other comprehensive income:                        
Retirement benefit obligations             (70)     (70)   (70)
Cash flow hedge             7     7   7
Available-for-sale financial instruments             1     1   1
Translation adjustments         195   (93) 2,387 102 2,591 117 2,708
Transactions with stockholders:                        
Dividends and interest on capital of Vale's stockholders                 (1,061) (1,061)   (1,061)
Dividends of noncontrolling interest                     (268) (268)
Acquisitions and disposal of noncontrolling interest       3           3 (1) 2
Capitalization of noncontrolling interest advances                     25 25
Appropriation to undistributed retained earnings         3,023       (3,023)      
Balance at end of year at Dec. 31, 2016 61,614 (152)   (699) 4,203 (1,477) (1,147) (23,300)   39,042 1,982 41,024
Net income (loss)                 5,507 5,507 14 5,521
Other comprehensive income:                        
Retirement benefit obligations             (46)     (46)   (46)
Net investments hedge               (95)   (95)   (95)
Translation adjustments         (158)   10 447   299 (1) 298
Transactions with stockholders:                        
Dividends and interest on capital of Vale's stockholders         (658)       (1,475) (2,133)   (2,133)
Dividends of noncontrolling interest                     (202) (202)
Acquisitions and disposal of noncontrolling interest       (255)           (255) (512) (767)
Capitalization of noncontrolling interest advances                     33 33
Appropriation to undistributed retained earnings         4,032       (4,032)      
Merger of Valepar (Note 30)     $ 1,139             1,139   1,139
Balance at end of year at Dec. 31, 2017 61,614 (152) 1,139 (954) 7,419 (1,477) (1,183) (22,948)   43,458 1,314 44,772
Net income (loss)                 6,860 6,860 36 6,896
Other comprehensive income:                        
Retirement benefit obligations       (16)     41     25   25
Fair value adjustment to investment in equity securities             60     60   60
Net investments hedge               (543)   (543)   (543)
Translation adjustments         (1,257)   49 (1,613)   (2,821) (120) (2,941)
Transactions with stockholders:                        
Dividends and interest on capital of Vale's stockholders                 (2,054) (2,054)   (2,054)
Dividends of noncontrolling interest                     (166) (166)
Acquisitions and disposal of noncontrolling interest                     (229) (229)
Capitalization of noncontrolling interest advances                     12 12
Appropriation to undistributed retained earnings         4,806       $ (4,806)      
Share buyback program           (1,000)       (1,000)   (1,000)
Balance at end of year at Dec. 31, 2018 $ 61,614 $ (152) $ 1,139 $ (970) $ 10,968 $ (2,477) $ (1,033) $ (25,104)   $ 43,985 $ 847 $ 44,832