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Other non-current assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Subclassifications of assets, liabilities and equities [abstract] |
Summary of Other Non-current Assets | Other non-current assets comprise:
(€ million) | 2023 | 2022 | 2021
Equity instruments at fair value through other comprehensive income (D.7.1.) | 1,088 |  | 936 |  | 823 |
Debt instruments at fair value through other comprehensive income (D.7.2.) | 346 |  | 329 |  | 447 |
Other financial assets at fair value through profit or loss (D.7.3.) | 808 |  | 823 |  | 902 |
Pre-funded pension obligations (Note D.19.1.) | 271 |  | 269 |  | 408 |
Long-term prepaid expenses | 114 |  | 286 |  | 59 |
Long-term loans and advances and other non-current receivables(a) | 591 |  | 452 |  | 485 |
Derivative financial instruments (Note D.20.) | — |  | — |  | 3 |
Total | 3,218 |  | 3,095 |  | 3,127 |
(a) As of December 31, 2023, this line includes: - the renewal of a loan of €157 million to the BioAtrium joint venture which matures on December 1, 2031, of which €156 million was recognized in "Other current assets" as of December 31, 2022; and - a receivable under a sub-lease amounting to €132 million (€170 million before discounting), versus €164 million (or €201 million before discounting) as of December 31, 2022.

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