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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of detailed information about financial instruments [abstract]  
Schedule of Financial Assets and Liabilities by Categories
 
 
 
 
At December 31, 2019
 
At December 31, 2018
(in millions of Euros)
 
Notes
 
At amortized cost
 
At Fair Value through Profit and loss
 
At Fair Value through OCI
 
Total
 
At amortized cost
 
At Fair Value through Profit and loss
 
At Fair Value through OCI
 
Total
Cash and cash equivalents
 
14
 
184

 

 

 
184

 
164

 

 

 
164

Trade receivables
 
15
 

 

 
393

 
393

 

 

 
481

 
481

Other financial assets
 
 
 

 
29

 

 
29

 
74

 
30

 

 
104

Total
 
 
 
184

 
29

 
393

 
606

 
238

 
30

 
481

 
749

 
 
 
 
At December 31, 2019
 
At December 31, 2018
(in millions of Euros)
 
Notes
 
At amortized cost
 
At Fair Value through Profit and loss
 
At Fair Value through OCI
 
Total
 
At amortized cost
 
At Fair Value through Profit and loss
 
At Fair Value through OCI
 
Total
Trade payables and fixed assets payables
 
21
 
754

 

 

 
754

 
715

 

 

 
715

Borrowings
 
22
 
2,361

 

 

 
2,361

 
2,151

 

 

 
2,151

Other financial liabilities
 
 
 

 
44

 
14

 
58

 

 
79

 
10

 
89

Total
 
 
 
3,115

 
44

 
14

 
3,173

 
2,866

 
79

 
10

 
2,955

Schedule of Other Financial Assets and Other Financial Liabilities Positions
The table below details other financial assets and other financial liabilities positions:
 
 
At December 31, 2019
 
At December 31, 2018
(in millions of Euros)
 
Non-current
 
Current
 
Total
 
Non-current
 
Current
 
Total
Derivatives
 
7

 
22

 
29

 
7

 
23

 
30

Aluminium and premium future contracts
 
1

 
8

 
9

 
2

 
7

 
9

Energy future contracts
 

 

 

 

 

 

Other future contracts
 

 

 

 

 

 

Currency commercial contracts
 
5

 
12

 
17

 
3

 
12

 
15

Currency net debt derivatives
 
1

 
2

 
3

 
2

 
4

 
6

Loans (A)
 

 

 

 
67

 
2

 
69

Margin call
 

 

 

 

 
5

 
5

Other financial assets
 
7

 
22

 
29

 
74

 
30

 
104

Derivatives
 
23

 
35

 
58

 
29

 
60

 
89

Aluminium and premium future contracts
 
4

 
10

 
14

 
6

 
38

 
44

Energy future contracts
 

 
1

 
1

 

 

 

Other future contracts
 
2

 
4

 
6

 
5

 
3

 
8

Currency commercial contracts
 
12

 
16

 
28

 
7

 
12

 
19

Net investment hedge
 

 

 

 

 
4

 
4

Currency net debt derivatives
 
5

 
4

 
9

 
11

 
3

 
14

Other financial liabilities
 
23

 
35

 
58

 
29

 
60

 
89

(A)
At December 31, 2018, Loans corresponds to a loan facility to Constellium-UACJ ABS LLC (See NOTE 19 - Investments Accounted for under the Equity Method).
Schedule of Derivatives Measured at Fair Value
 
 
At December 31, 2019
 
At December 31, 2018
(in millions of Euros)
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
Other financial assets - derivatives
 
8

 
21

 

 
29

 
9

 
21

 

 
30

Other financial liabilities - derivatives
 
19

 
39

 

 
58

 
50

 
39

 

 
89