Total Debt Disclosure
Vale S.A., Statement of Financial Position, Debt
USD $ in millions
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | Dec 31, 2006 | ||
|---|---|---|---|---|---|---|
 |
Short-term debt | 139 | 30 | – | 167 | 723 |
|
Current portion of long-term debt | 2,823 | 2,933 | 633 | 1,249 | 711 |
|
Long-term debt | 21,591 | 19,898 | 17,535 | 17,608 | 21,122 |
|
Total debt | 24,553 | 22,861 | 18,168 | 19,024 | 22,556 |
| Item | Description | The company |
|---|---|---|
| Total debt | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Vale S.A.'s total debt increased from 2008 to 2009 and from 2009 to 2010. |