Trade Payables (Tables)

12 Months Ended

Dec. 31, 2024

Trade and other payables [abstract]

Disclosure of supplier finance arrangements

The following table summarizes the carrying amount of liabilities that are part of supplier finance arrangements at

December 31, 2024 and January 1, 2024:

	At December 31, 2024	At January 1, 2024
	(€ million)
Presented within trade payables	€873	€808
Of which suppliers have received payment	817	708

The following table summarizes the range of payment due dates at December 31, 2024 and January 1, 2024:

	At December 31, 2024	At January 1, 2024
	(days)
Liabilities that are part of the arrangement	45-90	45-90
Comparable trade payables that are not part of an arrangement(1)	30-60	30-60

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(1) Except for Enlarged Europe, Middle East and Africa which has 60-90 days payment terms