XML 265 R145.htm IDEA: XBRL DOCUMENT v3.25.4
Financial assets and liabilities - Schedule of fair value of financial instruments (Details) - EUR (€)
€ in Millions
Dec. 31, 2025
Dec. 31, 2024
Fair value of financial instruments    
Financial assets, carrying amounts € 13,213 € 15,799
Financial assets, fair value 13,223 15,808
Financial liabilities, carrying amounts 7,062 9,228
Financial liabilities, fair value 7,133 9,296
Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 266 299
Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial liabilities, carrying amounts 37 533
Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial assets, carrying amounts 0 92
Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 1,662 2,841
Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial assets, carrying amounts 857 865
Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 5,029 5,313
Long-term interest-bearing liabilities    
Fair value of financial instruments    
Financial liabilities, carrying amounts 2,329 2,918
Financial liabilities, fair value 2,401 2,986
Long-term interest-bearing liabilities | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Long-term interest-bearing liabilities | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Long-term interest-bearing liabilities | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Long-term interest-bearing liabilities | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Other long-term financial liabilities    
Fair value of financial instruments    
Financial liabilities, carrying amounts 59 78
Financial liabilities, fair value 59 78
Other long-term financial liabilities | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Other long-term financial liabilities | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Other long-term financial liabilities | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial liabilities, carrying amounts 31 45
Other long-term financial liabilities | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Short-term interest-bearing liabilities    
Fair value of financial instruments    
Financial liabilities, carrying amounts 1,084 969
Financial liabilities, fair value 1,083 969
Short-term interest-bearing liabilities | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Short-term interest-bearing liabilities | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Short-term interest-bearing liabilities | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Short-term interest-bearing liabilities | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Other short-term financial liabilities(5)    
Fair value of financial instruments    
Financial liabilities, carrying amounts 52 1,371
Financial liabilities, fair value 52 1,371
Other short-term financial liabilities(5) | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Other short-term financial liabilities(5) | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Other short-term financial liabilities(5) | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial liabilities, carrying amounts 6 488
Other short-term financial liabilities(5) | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Derivative liabilities    
Fair value of financial instruments    
Financial liabilities, carrying amounts 266 299
Financial liabilities, fair value 266 299
Derivative liabilities | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Derivative liabilities | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 266 299
Derivative liabilities | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Derivative liabilities | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Discounts without performance obligations    
Fair value of financial instruments    
Financial liabilities, carrying amounts 294 380
Financial liabilities, fair value 294 380
Discounts without performance obligations | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Discounts without performance obligations | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Discounts without performance obligations | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Discounts without performance obligations | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Trade payables    
Fair value of financial instruments    
Financial liabilities, carrying amounts 2,978 3,213
Financial liabilities, fair value 2,978 3,213
Trade payables | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Trade payables | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Trade payables | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Trade payables | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Non-current interest-bearing financial investments    
Fair value of financial instruments    
Financial assets, carrying amounts 368 457
Financial assets, fair value 377 466
Non-current interest-bearing financial investments | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Non-current interest-bearing financial investments | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Non-current interest-bearing financial investments | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Non-current interest-bearing financial investments | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Venture funds and similar equity investments    
Fair value of financial instruments    
Financial assets, carrying amounts 857 865
Financial assets, fair value 857 865
Venture funds and similar equity investments | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Venture funds and similar equity investments | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Venture funds and similar equity investments | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial assets, carrying amounts 857 865
Venture funds and similar equity investments | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Other non-current financial assets    
Fair value of financial instruments    
Financial assets, carrying amounts 215 316
Financial assets, fair value 215 316
Other non-current financial assets | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Other non-current financial assets | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 82 97
Other non-current financial assets | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Other non-current financial assets | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 37 40
Other current financial assets    
Fair value of financial instruments    
Financial assets, carrying amounts 248 432
Financial assets, fair value 248 432
Other current financial assets | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial assets, carrying amounts 0 92
Other current financial assets | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Other current financial assets | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Other current financial assets | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 17 25
Derivative assets    
Fair value of financial instruments    
Financial assets, carrying amounts 127 197
Financial assets, fair value 127 197
Derivative assets | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Derivative assets | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 127 197
Derivative assets | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Derivative assets | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Trade receivables    
Fair value of financial instruments    
Financial assets, carrying amounts 4,975 5,248
Financial assets, fair value 4,975 5,248
Trade receivables | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Trade receivables | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Trade receivables | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Trade receivables | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 4,975 5,248
Current interest-bearing financial investments    
Fair value of financial instruments    
Financial assets, carrying amounts 961 1,661
Financial assets, fair value 962 1,661
Current interest-bearing financial investments | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Current interest-bearing financial investments | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 638 1,175
Current interest-bearing financial investments | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Current interest-bearing financial investments | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Cash and cash equivalents    
Fair value of financial instruments    
Financial assets, carrying amounts 5,462 6,623
Financial assets, fair value 5,462 6,623
Cash and cash equivalents | Fair value through profit or loss | Level 1    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Cash and cash equivalents | Fair value through profit or loss | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 815 1,372
Cash and cash equivalents | Fair value through profit or loss | Level 3    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Cash and cash equivalents | Fair value through other comprehensive income | Level 2    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Financial assets at amortised cost    
Fair value of financial instruments    
Financial assets, carrying amounts 5,665 6,688
Financial assets at amortised cost | Non-current interest-bearing financial investments    
Fair value of financial instruments    
Financial assets, carrying amounts 368 457
Financial assets at amortised cost | Venture funds and similar equity investments    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Financial assets at amortised cost | Other non-current financial assets    
Fair value of financial instruments    
Financial assets, carrying amounts 96 179
Financial assets at amortised cost | Other current financial assets    
Fair value of financial instruments    
Financial assets, carrying amounts 231 315
Financial assets at amortised cost | Derivative assets    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Financial assets at amortised cost | Trade receivables    
Fair value of financial instruments    
Financial assets, carrying amounts 0 0
Financial assets at amortised cost | Current interest-bearing financial investments    
Fair value of financial instruments    
Financial assets, carrying amounts 323 486
Financial assets at amortised cost | Cash and cash equivalents    
Fair value of financial instruments    
Financial assets, carrying amounts 4,647 5,251
Financial liabilities at amortised cost    
Fair value of financial instruments    
Financial liabilities, carrying amounts 6,759 8,396
Financial liabilities at amortised cost | Long-term interest-bearing liabilities    
Fair value of financial instruments    
Financial liabilities, carrying amounts 2,329 2,918
Financial liabilities at amortised cost | Other long-term financial liabilities    
Fair value of financial instruments    
Financial liabilities, carrying amounts 28 33
Financial liabilities at amortised cost | Short-term interest-bearing liabilities    
Fair value of financial instruments    
Financial liabilities, carrying amounts 1,084 969
Financial liabilities at amortised cost | Other short-term financial liabilities(5)    
Fair value of financial instruments    
Financial liabilities, carrying amounts 46 883
Financial liabilities at amortised cost | Derivative liabilities    
Fair value of financial instruments    
Financial liabilities, carrying amounts 0 0
Financial liabilities at amortised cost | Discounts without performance obligations    
Fair value of financial instruments    
Financial liabilities, carrying amounts 294 380
Financial liabilities at amortised cost | Trade payables    
Fair value of financial instruments    
Financial liabilities, carrying amounts € 2,978 € 3,213