XML 195 R151.htm IDEA: XBRL DOCUMENT v3.22.4
Debt, cash and cash equivalents and lease liabilities - Summary of Net Debt by Type Valuation of Redemption (Details) - EUR (€)
€ in Millions
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Interest rate and currency derivatives used to manage debt € 187 € (56) € 119  
Total debt 19,218 20,250 22,631 € 24,568
Cash and cash equivalents (12,736) (10,098) (13,915) [1],[2] € (9,427) [1]
Interest rate and currency derivatives used to manage cash and cash equivalents (45) (169) 74  
Net debt 6,437 9,983 8,790  
Value on redemption        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Bond issues 18,861 19,946 21,978  
Other bank borrowings 286 184 296  
Finance lease liabilities   0 0  
Other borrowings 6 40 2  
Bank credit balances 168 189 285  
Interest rate and currency derivatives used to manage debt (48) (45) 142  
Total debt 19,273 20,314 22,703  
Cash and cash equivalents (12,736) (10,098) (13,915)  
Interest rate and currency derivatives used to manage cash and cash equivalents (45) (169) 74  
Net debt 6,492 10,047 8,862  
Value on redemption | Less than 1 year        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Bond issues 3,817 2,828 2,280  
Other bank borrowings 187 163 200  
Finance lease liabilities   0 0  
Other borrowings 6 3 2  
Bank credit balances 168 189 285  
Interest rate and currency derivatives used to manage debt (48) (45) 85  
Total debt 4,130 3,138 2,852  
Cash and cash equivalents (12,736) (10,098) (13,915)  
Interest rate and currency derivatives used to manage cash and cash equivalents (45) (169) 68  
Net debt (8,651) (7,129) (10,995)  
Value on redemption | 1 to 2 years        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Bond issues 600 3,629 2,700  
Other bank borrowings 61 18 73  
Finance lease liabilities   0 0  
Other borrowings 0 0 0  
Bank credit balances 0 0 0  
Interest rate and currency derivatives used to manage debt 0 0 57  
Total debt 661 3,647 2,830  
Cash and cash equivalents 0 0 0  
Interest rate and currency derivatives used to manage cash and cash equivalents 0 0 6  
Net debt 661 3,647 2,836  
Value on redemption | 2 to 3 years        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Bond issues 2,600 600 3,569  
Other bank borrowings 0 2 6  
Finance lease liabilities   0 0  
Other borrowings 0 0 0  
Bank credit balances 0 0 0  
Interest rate and currency derivatives used to manage debt 0 0 0  
Total debt 2,600 602 3,575  
Cash and cash equivalents 0 0 0  
Interest rate and currency derivatives used to manage cash and cash equivalents 0 0 0  
Net debt 2,600 602 3,575  
Value on redemption | 3 to 4 years        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Bond issues 4,160 1,750 600  
Other bank borrowings 0 1 2  
Finance lease liabilities   0 0  
Other borrowings 0 0 0  
Bank credit balances 0 0 0  
Interest rate and currency derivatives used to manage debt 0 0 0  
Total debt 4,160 1,751 602  
Cash and cash equivalents 0 0 0  
Interest rate and currency derivatives used to manage cash and cash equivalents 0 0 0  
Net debt 4,160 1,751 602  
Value on redemption | 4 to 5 years        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Bond issues 0 4,160 1,750  
Other bank borrowings 0 0 6  
Finance lease liabilities   0 0  
Other borrowings 0 0 0  
Bank credit balances 0 0 0  
Interest rate and currency derivatives used to manage debt 0 0 0  
Total debt 0 4,160 1,756  
Cash and cash equivalents 0 0 0  
Interest rate and currency derivatives used to manage cash and cash equivalents 0 0 0  
Net debt 0 4,160 1,756  
Value on redemption | More than 5 years        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Bond issues 7,684 6,979 11,079  
Other bank borrowings 38 0 9  
Finance lease liabilities   0 0  
Other borrowings 0 37 0  
Bank credit balances 0 0 0  
Interest rate and currency derivatives used to manage debt 0 0 0  
Total debt 7,722 7,016 11,088  
Cash and cash equivalents 0 0 0  
Interest rate and currency derivatives used to manage cash and cash equivalents 0 0 0  
Net debt 7,722 7,016 11,088  
Value on redemption | Non-current        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Cash and cash equivalents 0 0 0  
Interest rate and currency derivatives used to manage cash and cash equivalents 0 0 6  
Net debt 15,143 17,176 19,857  
Value on redemption | Current        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Cash and cash equivalents (12,736) (10,098) (13,915)  
Interest rate and currency derivatives used to manage cash and cash equivalents (45) (169) 68  
Net debt (8,651) (7,129) (10,995)  
Value on redemption | Non-current        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Bond issues 15,044 17,118 19,698  
Other bank borrowings 99 21 96  
Other borrowings 0 37 0  
Bank credit balances 0 0 0  
Interest rate and currency derivatives used to manage debt 0 0 57  
Total debt 15,143 17,176 19,851  
Value on redemption | Current        
Disclosure of reconciliation of carrying amount to value on redemption [line items]        
Bond issues 3,817 2,828 2,280  
Other bank borrowings 187 163 200  
Other borrowings 6 3 2  
Bank credit balances 168 189 285  
Interest rate and currency derivatives used to manage debt (48) (45) 85  
Total debt € 4,130 € 3,138 € 2,852  
[1] (j)    Includes the impacts of the IFRIC final agenda decisions of March 2021 on the costs of configuring or customising application software used in a Software as a Service (SaaS) arrangement and of April 2021 on the attribution of benefits to periods of service, as described in Note A.2.1. to the consolidated financial statements for the year ended December 31, 2021.
[2] Includes the impacts of the IFRIC final agenda decisions of March 2021 on the costs of configuring or customising application software used in a Software as a Service (SaaS) arrangement and of April 2021 on the attribution of benefits to periods of service, as described in Note A.2.1. to the consolidated financial statements for the year ended December 31, 2021.