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Consolidated statements of changes in equity - EUR (€)
€ in Millions
Total
Total shareholders' equity
Common shares
Capital in excess of par value
Cash flow hedges
Currency translation differences
Treasury shares
Share-based compensation
Fair value through OCI
Retained earnings
Non-controlling interests
Beginning balance at Dec. 31, 2022 € 13,283 € 13,249 € 178 € 5,253 € (2) € 1,866 € (275) € (228) € (376) € 6,832 € 34
Net income (463) (466)               (466) 2
Other comprehensive income (loss) (637) (635)     8 (604)     (17) (23) (1)
Total comprehensive income (loss) (1,100) (1,101)     8 (604)     (17) (488) 1
Dividend distributed (70) (68) 8 741           (816) (3)
Transfer on disposal of equity investments at FVTOCI 0               4 (4)  
Forward contracts (143) (143)         (608)     465  
Cancellation of treasury shares 0   (3)       566     (563)  
Share-based compensation plans 91 91         54 61   (24)  
Ending balance at Dec. 31, 2023 12,061 12,028 183 5,994 6 1,263 (262) (166) (390) 5,402 33
Net income (698) (702)               (702) 3
Other comprehensive income (loss) 731 729     (5) 751     (11) (6) 2
Total comprehensive income (loss) 33 27     (5) 751     (11) (707) 6
Dividend distributed (32) (31) 6 762           (799) (2)
Transfer on disposal of equity investments at FVTOCI (2) (2)             311 (313)  
Purchase of treasury shares (60) (60)         (60)        
Forward contracts (59) (59)         (310)     251  
Cancellation of treasury shares 0   (1)       167     (166)  
Share-based compensation plans 101 101   0     54 65   (18)  
Ending balance at Dec. 31, 2024 12,043 12,006 188 6,755 1 2,014 (411) (102) (90) 3,650 37
Net income 897 895               895 1
Other comprehensive income (loss) (1,653) (1,649)     32 (1,667)     (19) 4 (4)
Total comprehensive income (loss) (757) (754)     32 (1,667)     (19) 900 (2)
Dividend distributed (330) (328) 5 457           (789) (2)
Transfer on disposal of equity investments at FVTOCI 0               21 (21)  
Forward contracts (125) (125)               (125)  
Cancellation of treasury shares 0                    
Share-based compensation plans 159 159         113 85   (39)  
Ending balance at Dec. 31, 2025 € 10,990 € 10,957 € 193 € 7,212 € 33 € 347 € (298) € (17) € (89) € 3,575 € 32