
€ millions	Carrying	Contractual Cash Flows		Carrying	Contractual Cash Flows
	Amount			Amount
	12/31/2021	2022	Thereafter	12/31/2020	2021	Thereafter
Derivative financial liabilities and assets
Derivative financial liabilities
Currency derivatives not designated as hedging instruments	-62			-61
Cash outflows		-2,381	-12		-2,902	-7
Cash inflows		2,327	0		2,842	0
Currency derivatives designated as hedging instruments	-31			-1
Cash outflows		-919			-141
Cash inflows		885			139
Interest rate derivatives designated as hedging instruments	-49			0
Cash outflows		-48	-476
Cash inflows		60	421
Total of derivative financial liabilities	-142	-76	-67	-63	-62	-7
Derivative financial assets
Currency derivatives not designated as hedging instruments	45			38
Cash outflows		-2,878			-2,452
Cash inflows		2,923			2,493
Currency derivatives designated as hedging instruments	1			7
Cash outflows		-136			-291
Cash inflows		137			297
Interest rate derivatives designated as hedging instruments	7			114
Cash outflows		-4	-4		-48	-398
Cash inflows		9	6		69	495
Total of derivative financial assets	53	51	2	158	68	97
Total of derivative financial liabilities and assets	-89	-25	-65	95	6	90


€ millions, unless otherwise stated	2021
	Weighted Average Loss Rate		Gross Carrying Amount Not	Gross Carrying Amount Credit-	ECL Allowance
			Credit-Impaired	Impaired
AR not due and due	-0.5	%	4,106	6	-19
AR overdue 1 to 30 days	-1.0	%	611	57	-7
AR overdue 30 to 90 days	-1.8	%	514	48	-10
AR overdue more than 90 days	-19.3	%	482	240	-139
TOTAL	-2.9	%	5,713	351	-175


€ millions, unless otherwise stated	2020
	Weighted Average Loss Rate		Gross Carrying Amount Not	Gross Carrying Amount Credit-	ECL Allowance
			Credit-Impaired	Impaired
AR not due and due	-0.2	%	4,426	0	-10
AR overdue 1 to 30 days	-0.9	%	511	71	-5
AR overdue 30 to 90 days	-1.8	%	380	61	-8
AR overdue more than 90 days	-16.8	%	695	273	-163
TOTAL	-2.9	%	6,012	405	-186


€ millions	Forecasted License Payments
	2021
Change in value used for calculating hedge ineffectiveness		-28
Cash flow hedge		-28
Cost of hedging		-2
Balances remaining in cash flow hedge reserve for which hedge accounting is no longer applied		0


€ millions	Effects on Other Non-Operating Expense, Net			Effects on Other Comprehensive Income
	2021	2020	2019	2021	2020	2019
Derivatives held within a designated cash flow hedge relationship
All major currencies –10% (2020: all major currencies –10%; 2019: all major currencies –10%)				106	43	53
All major currencies +10% (2020: all major currencies +10%; 2019: all major currencies +10%)				-106	-43	-53
Embedded derivatives
All currencies –10%	40	40	53
All currencies +10%	-49	-49	-53


€ millions	2021
	Interest Rate	Interest Rate
	Swaps for	Swaps for
	EUR Borrowing	USD Borrowing
Notional amount	4,550	285
Carrying amount
Other financial assets	0	7
Other financial liabilities	-49	0
Change in fair value used for measuring ineffectiveness	-49	7


€ billions	2021				2020
	Year-End	Average	High	Low	Year-End	Average	High	Low
Fair value interest rate risk
From investments	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.02
Cash flow interest rate risk
From investments (including cash)	7.72	6.25	7.72	4.67	4.58	5.14	5.77	4.58
From financing	1.71	2.07	2.95	1.70	1.99	3.18	3.93	1.99
From interest rate swaps	4.83	4.82	4.83	4.81	4.81	4.78	5.10	4.30


€ millions	2021	2020	2019
Investments in equity securities
Increase in equity prices and respective unobservable inputs of 10% - increase of financial income, net	515	259	156
Decrease in equity prices and respective unobservable inputs of 10% - decrease of financial income, net	-515	-259	-156