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Income taxes (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Summary of income tax expense reconciled to statutory rates            
Income before discontinued operations, income taxes, equity results and noncontrolling interests $ 5,553 $ 4,980 $ 6,882 $ 26,799 $ 20,314 $ 7,123
Exchange variation (not taxable) or not deductible 96 (188) 114 26 265 5,162
Income before income taxes, equity results and noncontrolling interests after exchange variation 5,649 4,792 6,996 26,825 20,579 12,285
Tax at Brazilian composite rate (1,921) (1,631) (2,379) (9,121) (6,997) (4,177)
Adjustments to derive effective tax rate:            
Tax benefit on interest attributed to stockholders 383 578 369 1,655 995 502
Difference on tax rates of foreign income 117 331 699 1,415 1,673 1,079
Tax incentives 274 67 198 704 642 148
Social contribution contingency payment   506   506    
Reversal/Constitution of provisions for loss of tax loss carryfoward (156)     (297)    
Other non-taxable, income/non deductible expenses 156 (202) (24) (144) (18) 348
Income taxes per consolidated statements of income (1,147) (351) (1,137) (5,282) (3,705) (2,100)
Brazil
           
Income taxes            
Applicable statutory composite enacted tax rate (as a percent)       34.00%    
Summary of income tax expense reconciled to statutory rates            
Income before discontinued operations, income taxes, equity results and noncontrolling interests 5,259 4,187 5,581 21,267 16,586 10,024
Income before income taxes, equity results and noncontrolling interests after exchange variation 5,259 4,187 5,581 21,267 16,586 10,024
Tax at Brazilian composite rate (1,788) (1,424) (1,898) (7,231) (5,639) (3,408)
Adjustments to derive effective tax rate:            
Tax benefit on interest attributed to stockholders 383 578 369 1,655 995 502
Tax incentives 274 67 198 704 642 148
Social contribution contingency payment   506   506    
Reversal/Constitution of provisions for loss of tax loss carryfoward 129     129    
Other non-taxable, income/non deductible expenses 63 36 82 48 13 100
Income taxes per consolidated statements of income (939) (237) (1,249) (4,189) (3,989) (2,658)
Foreign
           
Summary of income tax expense reconciled to statutory rates            
Income before discontinued operations, income taxes, equity results and noncontrolling interests 294 793 1,301 5,532 3,728 (2,901)
Exchange variation (not taxable) or not deductible 96 (188) 114 26 265 5,162
Income before income taxes, equity results and noncontrolling interests after exchange variation 390 605 1,415 5,558 3,993 2,261
Tax at Brazilian composite rate (133) (207) (481) (1,890) (1,358) (769)
Adjustments to derive effective tax rate:            
Difference on tax rates of foreign income 117 331 699 1,415 1,673 1,079
Reversal/Constitution of provisions for loss of tax loss carryfoward (285)     (426)    
Other non-taxable, income/non deductible expenses 93 (238) (106) (192) (31) 248
Income taxes per consolidated statements of income $ (208) $ (114) $ 112 $ (1,093) $ 284 $ 558