PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2019

Property, plant and equipment [abstract]

Schedule of Property, Plant and Equipment

(in millions of Euros)	Notes	Land and Property Rights		Buildings		Machinery and Equipment		Construction Work in Progress		Other		Total
Net balance at December 31, 2018		18		217		1,227		194		10		1,666
IFRS 16 application		—		82		17		—		3		102
Net balance at January 1, 2019		18		299		1,244		194		13		1,768
Property, plant and equipment acquired through business combination	3	—		40		120		4		1		165
Additions		1		22		81		245		3		352
Disposals		—		—		(5	)	—		—		(5	)
Depreciation expense		—		(27	)	(208	)	—		(11	)	(246	)
Transfer during the year		—		28		203		(242	)	11		—
Effects of changes in foreign exchange rates		—		4		16		2		—		22
Net balance at December 31, 2019		19		366		1,451		203		17		2,056
Cost		35		527		2,407		213		46		3,228
Less accumulated depreciation and impairment		(16	)	(161	)	(956	)	(10	)	(29	)	(1,172	)
Net balance at December 31, 2019		19		366		1,451		203		17		2,056

(in millions of Euros)	Land and Property Rights		Buildings		Machinery and Equipment		Construction Work in Progress		Other		Total
Net balance at January 1, 2018	14		206		1,089		198		10		1,517
Additions	1		5		98		195		4		303
Disposals	—		—		(6	)	—		—		(6	)
Depreciation expense	(4	)	(13	)	(161	)	—		(6	)	(184	)
Transfer during the year	6		16		181		(202	)	2		3
Effects of changes in foreign exchange rates	1		3		26		3		—		33
Net balance at December 31, 2018	18		217		1,227		194		10		1,666
Cost	33		349		2,000		200		35		2,617
Less accumulated depreciation and impairment	(15	)	(132	)	(773	)	(6	)	(25	)	(951	)
Net balance at December 31, 2018	18		217		1,227		194		10		1,666

Schedule of Right of Use Assets Included in Property, Plant and Equipment

Right of use have been included within the same line item as that within which the corresponding underlying assets would be presented if they were owned.

(in millions of Euros)	Buildings		Machinery and Equipment		Other		Total
Net balance at December 31, 2018	24		53		—		77
IFRS 16 application (A)	82		17		3		102
Net balance at January 1, 2019	106		70		3		179
Additions	20		21		2		43
Disposals	—		—		—		—
Depreciation expense	(11	)	(18	)	(2	)	(31	)
Transfer during the period	—		(3	)	—		(3	)
Effects of changes in foreign exchange rates	1		1		—		2
Net balance at December 31, 2019	116		71		3		190
Cost	134		113		5		252
Less accumulated depreciation and impairment	(18	)	(42	)	(2	)	(62	)
Net balance at December 31, 2019	116		71		3		190

(A) The IFRS 16 application included assets acquired through finance leases reclassified as right-of-use assets of €77 million and operating leases recognized as right-of-use assets of €102 million at January 1, 2019.

Schedule of Depreciation Expense and Impairment Losses Relating to Property, Plant and Equipment

Total depreciation expense and impairment losses relating to property, plant and equipment and intangible assets are presented in the Consolidated Income Statement as follows:

(in millions of Euros)	Year ended December 31, 2019		Year ended December 31, 2018		Year ended December 31, 2017
Cost of sales	(237	)	(184	)	(160	)
Selling and administrative expenses	(13	)	(9	)	(8	)
Research and development expenses	(6	)	(4	)	(3	)
Total	(256	)	(197	)	(171	)