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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 7,350 $ 5,784
Short-term investments 826 32
Accounts receivable 2,529 2,648
Other financial assets 759 403
Inventories 4,274 4,443
Prepaid income taxes 370 543
Recoverable taxes 552 883
Others 382 556
Total current assets 17,042 15,292
Non-current assets    
Judicial deposits 3,159 1,716
Other financial assets 2,722 3,144
Prepaid income taxes 597 544
Recoverable taxes 607 751
Deferred income taxes 9,217 6,908
Others 496 263
Total non-current assets excluding investments, intangible assets and property, plant and equipment 16,798 13,326
Investments in associates and joint ventures 2,798 3,225
Intangibles 8,499 7,962
Property, plant and equipment 46,576 48,385
Total non current assets 74,671 72,898
Total assets 91,713 88,190
Current liabilities    
Suppliers and contractors 4,107 3,512
Loans and borrowings 1,214 1,003
Leases 225  
Other financial liabilities 1,074 1,604
Taxes payable 512 428
Settlement program ("REFIS") 431 432
Liabilities related to associates and joint ventures 516 289
Provisions 1,230 1,363
Liabilities related to Brumadinho 1,568  
De-characterization of dams 309  
interest on capital 1,571  
Others 1,088 480
Total current liabilities 13,845 9,111
Non-current liabilities    
Loans and borrowings 11,842 14,463
Leases 1,566  
Other financial liabilities 4,372 2,877
Settlement program ("REFIS") 3,476 3,917
Deferred income taxes 1,882 1,532
Provisions 8,493 7,095
Liabilities related to Brumadinho 1,415  
De-characterization of dams 2,180  
Liabilities related to associates and joint ventures 1,184 832
Streaming transactions 2,063 2,293
Others 402 1,238
Total non current liabilities 38,875 34,247
Total liabilities 52,720 43,358
Stockholders' equity    
Equity attributable to Vale's stockholders 40,067 43,985
Equity attributable to noncontrolling interests (1,074) 847
Total stockholders' equity 38,993 44,832
Total liabilities and stockholders' equity $ 91,713 $ 88,190