XML 237 R117.htm IDEA: XBRL DOCUMENT v3.25.4
Pensions and other post-employment benefits - Investment Strategies (Details) - EUR (€)
€ in Millions
Dec. 31, 2025
Dec. 31, 2024
Defined benefit plans and post-retirement benefits plans    
Investment strategies    
Equity securities € 1,097 € 1,055
Equity securities (as a percent) 6.00% 5.00%
Fixed income securities € 2,246 € 14,863
Fixed income securities (as a percent) 13.00% 72.00%
Insurance contracts € 9,211 € 648
Insurance contracts (as a percent) 50.00% 3.00%
Real estate € 528 € 860
Real estate (as a percent) 3.00% 4.00%
Short-term investments € 4,801 € 945
Short-term investments (as a percent) 26.00% 5.00%
Private equity and other € 432 € 2,352
Private equity and other (as a percent) 2.00% 11.00%
Total € 18,315 € 20,723
Total (as a percent) 100.00% 100.00%
Defined benefit plans and post-retirement benefits plans | Quoted     
Investment strategies    
Equity securities € 1,097 € 1,055
Fixed income securities 2,101 14,721
Insurance contracts 0 0
Real estate 0 0
Short-term investments 4,801 945
Private equity and other 106 103
Total 8,105 16,824
Defined benefit plans and post-retirement benefits plans | Unquoted    
Investment strategies    
Equity securities 0 0
Fixed income securities 145 142
Insurance contracts 9,211 648
Real estate 528 860
Short-term investments 0 0
Private equity and other 326 2,249
Total 10,210 € 3,899
United States foreign defined benefit plans and post retirement benefits plan    
Investment strategies    
Insurance contracts € 8,700