XML 90 R75.htm IDEA: XBRL DOCUMENT v3.24.2
Derivative Financial Instruments - Disclosure of Financial Currency Hedging Instruments in Place with Notional Amount Translated (Details)
€ in Millions, $ in Millions
 6 Months Ended 12 Months Ended
Jun. 30, 2024
EUR (€)
Jun. 30, 2023
EUR (€)
Dec. 31, 2023
EUR (€)
Jun. 30, 2024
USD ($)
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Change in fair value of cash flow hedges € (3) € 1 € (1)  
Forward currency sales in US dollar        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Notional amount | $       $ 3,615
Derivative financial liabilities 26      
Forward currency purchases in US dollar, US bond        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Notional amount | $       1,000
Derivative financial liabilities 2      
Change in fair value of cash flow hedges 0      
Forward currency purchases in US dollar, commercial paper        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Notional amount | $       $ 1,080
Derivative financial assets 16      
Change in fair value of cash flow hedges 0      
Notional amount        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 14,846      
Notional amount | Forward currency sales        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 7,190      
Notional amount | Forward currency sales in US dollar | 2025        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place [1] 5,797      
Notional amount | Forward currency purchases        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 7,656      
Notional amount | Forward currency purchases in US dollar | 2025        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place [2],[3] 5,242      
Notional amount | Forward currency purchases in Singapore dollar | 2024        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 1,768      
Notional amount | Forward currency sales in Chinese yuan renminbi | 2024        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 301      
Notional amount | Forward Currency Sales In Canadian Dollar | 2024        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 190      
Notional amount | Forward Currency Purchases In Hungarian florint | 2024        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 182      
Fair value        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 12      
Fair value | Forward currency sales        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place (30)      
Fair value | Forward currency sales in US dollar | 2025        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place (28)      
Fair value | Forward currency purchases        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 42      
Fair value | Forward currency purchases in US dollar | 2025        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 37      
Fair value | Forward currency purchases in Singapore dollar | 2024        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place 7      
Fair value | Forward currency sales in Chinese yuan renminbi | 2024        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place (1)      
Fair value | Forward Currency Sales In Canadian Dollar | 2024        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place (1)      
Fair value | Forward Currency Purchases In Hungarian florint | 2024        
Disclosure of Information about Terms and Conditions of Hedging Instruments and How They Affect Future Cash Flows [Line Items]        
Financial currency hedging instruments in place € (1)      
[1] Includes forward sales with a notional amount of $3,615 million expiring in 2024, designated as a hedge of Sanofi’s net investment in Bioverativ. As of June 30, 2024, the fair value of these forward contracts represented a liability of €26 million; the opposite entry was recognized in “Other comprehensive income”, with the impact on financial income and expense being immaterial.
[2] (c) Includes forward purchases with a notional amount of $1,080 million expiring in 2024 , designated as a fair value hedge of $1,080 million of commercial paper. As of June 30, 2024, the fair value of these contracts represented an asset of €16 million, with €0 million credited to “Other comprehensive income” to recognize the hedging cost.
[3] (b) Includes forward purchases with a notional amount of $1,000 million expiring in 2024, designated as a fair value hedge of the exposure of $1,000 million of bond issues to fluctuations in the EUR/USD spot rate. As of June 30, 2024, the fair value of these contracts represented an asset of €2 million, with €0 million credited to “Other comprehensive income” to recognize the hedging cost