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Consolidated statement of comprehensive income - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Line Items]      
Net profit € 10,011 € 6,369 [1] € 7,140 [2]
Items that will not be reclassified to profit or loss, net of tax:      
Gains/(losses) on equity instruments measured at fair value through other comprehensive income (14) 60 [2] (28) [2]
Remeasurement of defined benefit pension plans 137 226 [2] (510) [2]
Items that may be reclassified subsequently to profit or loss, net of tax:      
Gains/(losses) on cash flow hedges (111) 122 [2] (29) [2]
Currency retranslation gains/(losses) (2,239) 1,113 [2] (1,316) [2]
Other comprehensive income (2,227) 1,521 [2] (1,883) [2]
Discontinued operations      
Items that may be reclassified subsequently to profit or loss, net of tax:      
Other comprehensive income 508 402 [2] (143) [2]
Aggregate continuing and discontinued operations      
Items that will not be reclassified to profit or loss, net of tax:      
Gains/(losses) on equity instruments measured at fair value through other comprehensive income (14) 60 (28)
Remeasurement of defined benefit pension plans 176 264 (510)
Items that may be reclassified subsequently to profit or loss, net of tax:      
Gains/(losses) on cash flow hedges (198) 210 (27)
Currency retranslation gains/(losses) [3] (1,683) 1,389 (1,461)
Total comprehensive income 8,292 8,292 [2] 5,114 [2]
Attributable to:      
Non-controlling interests 187 712 [2] 524 [2]
Shareholders’ equity € 8,105 € 7,580 [2] € 4,590 [2]
[1] The 2024 and 2023 comparatives have been restated from those previously published to reflect the demerger of our Ice Cream business (see note 21).
[2] The 2024 and 2023 comparatives have been restated from those previously published to reflect the demerger of our Ice Cream business (see note 21).
[3] Includes a hyperinflation adjustment of €17 million in relation to Argentina and Turkey (2024: €880 million, primarily reflects the effect of significant inflationary pressures, particularly in
Argentina, compared with 2025, 2023: €308 million).