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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, 2023
Dec. 31, 2022
Plan Asset Allocation [line items]    
Cash and cash equivalents € 190 € 476
Equity instruments [1] 1,081 1,091
Investment-grade bonds    
Government [2] 1,921 1,617
Non-government bonds [2] 0 0
Non-investment-grade bonds    
Government 2 1
Non-government bonds 0 0
Structured products 98 45
Insurance 0 0
Alternatives    
Real estate 0 0
Commodities 0 0
Private equity 0 0
Other 0 0
Derivatives (Market Value) [Abstract]    
Interest rate (16) (7)
Credit 0 0
Inflation 0 0
Foreign exchange 0 0
Other 2 3
Total fair value of quoted plan assets 3,278 3,226
Germany [Member]    
Plan Asset Allocation [line items]    
Cash and cash equivalents 29 (154)
Equity instruments [1] 933 772
Investment-grade bonds    
Government [2] 601 691
Non-government bonds [2] 0 0
Non-investment-grade bonds    
Government 1 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 2 3
Total fair value of quoted plan assets 1,566 1,312
UK [Member]    
Plan Asset Allocation [line items]    
Cash and cash equivalents 92 551
Equity instruments [1] 0 173
Investment-grade bonds    
Government [2] 919 537
Non-government bonds [2] 0 0
Non-investment-grade bonds    
Government 1 1
Non-government bonds 0 0
Structured products 98 45
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 0 0
Total fair value of quoted plan assets 1,110 1,307
US [Member]    
Plan Asset Allocation [line items]    
Cash and cash equivalents 50 55
Equity instruments [1] 109 108
Investment-grade bonds    
Government [2] 360 340
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 (16) (7)
Credit 0 0
Inflation 0 0
Foreign exchange 0 0
Other 0 0
Total fair value of quoted plan assets 503 496
Other countries [Member]    
Plan Asset Allocation [line items]    
Cash and cash equivalents 19 24
Equity instruments [1] 39 38
Investment-grade bonds    
Government [2] 41 49
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 0 0
Total fair value of quoted plan assets € 99 € 111
[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