v3.25.4
FINANCIAL INSTRUMENTS - Capital management risk (Details) - Capital management risk
R$ in Billions
12 Months Ended
Dec. 31, 2025
BRL (R$)
Minimum  
FINANCIAL INSTRUMENTS  
Average maturity 6 years
Maximum  
FINANCIAL INSTRUMENTS  
Net debt/EBITDA 1.5
Gross debt limit R$ 12