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Note 33 - Employee Benefits - Plan Asset Allocation Level 1 (Detail) - Level 1 of Fair Value Hierarchy [Member] - EUR (€)
€ in Millions
Dec. 31, 2022
Dec. 31, 2021
Plan Asset Allocation [line items]    
Cash and cash equivalents € 476 € 1,155
Equity instruments [1] 1,091 1,535
Investment-grade bonds    
Government [2] 1,617 3,312
Non-government bonds [2] 0 0
Non-investment-grade bonds    
Government 1 0
Non-government bonds 0 0
Structured products 45 118
Insurance 0 0
Alternatives    
Real estate 0 0
Commodities 0 0
Private equity 0 0
Other 0 0
Derivatives (Market Value) [Abstract]    
Interest rate (7) (16)
Credit 0 1
Inflation 0 14
Foreign exchange 0 2
Other 3 1
Total fair value of quoted plan assets 3,226 6,122
Germany [Member]    
Plan Asset Allocation [line items]    
Cash and cash equivalents (154) 756
Equity instruments [1] 772 983
Investment-grade bonds    
Government [2] 691 902
Non-government bonds [2] 0 0
Non-investment-grade bonds    
Government 0 0
Non-government bonds 0 0
Structured products 0 0
Insurance 0 0
Alternatives    
Real estate 0 0
Commodities 0 0
Private equity 0 0
Other 0 0
Derivatives (Market Value) [Abstract]    
Interest rate 0 0
Credit 0 0
Inflation 0 0
Foreign exchange 0 0
Other 3 1
Total fair value of quoted plan assets 1,312 2,642
UK [Member]    
Plan Asset Allocation [line items]    
Cash and cash equivalents 551 317
Equity instruments [1] 173 348
Investment-grade bonds    
Government [2] 537 1,902
Non-government bonds [2] 0 0
Non-investment-grade bonds    
Government 1 0
Non-government bonds 0 0
Structured products 45 118
Insurance 0 0
Alternatives    
Real estate 0 0
Commodities 0 0
Private equity 0 0
Other 0 0
Derivatives (Market Value) [Abstract]    
Interest rate 0 0
Credit 0 1
Inflation 0 0
Foreign exchange 0 2
Other 0 0
Total fair value of quoted plan assets 1,307 2,688
US [Member]    
Plan Asset Allocation [line items]    
Cash and cash equivalents 55 48
Equity instruments [1] 108 151
Investment-grade bonds    
Government [2] 340 431
Non-government bonds [2] 0 0
Non-investment-grade bonds    
Government 0 0
Non-government bonds 0 0
Structured products 0 0
Insurance 0 0
Alternatives    
Real estate 0 0
Commodities 0 0
Private equity 0 0
Other 0 0
Derivatives (Market Value) [Abstract]    
Interest rate (7) (16)
Credit 0 0
Inflation 0 0
Foreign exchange 0 0
Other 0 0
Total fair value of quoted plan assets 496 614
Other countries [Member]    
Plan Asset Allocation [line items]    
Cash and cash equivalents 24 34
Equity instruments [1] 38 53
Investment-grade bonds    
Government [2] 49 77
Non-government bonds [2] 0 0
Non-investment-grade bonds    
Government 0 0
Non-government bonds 0 0
Structured products 0 0
Insurance 0 0
Alternatives    
Real estate 0 0
Commodities 0 0
Private equity 0 0
Other 0 0
Derivatives (Market Value) [Abstract]    
Interest rate 0 0
Credit 0 0
Inflation 0 14
Foreign exchange 0 0
Other 0 0
Total fair value of quoted plan assets € 111 € 178
[1] Allocation of equity exposure is broadly in line with the typical index in the respective market, e.g. the equity portfolio’s benchmark of the UK retirement benefit plans is the MSCI All Countries World Index.
[2] Investment-grade means BBB and above. Average credit rating exposure for the Group’s main plans is around A