XML 124 R67.htm IDEA: XBRL DOCUMENT v3.25.0.1
Cash and cash equivalents (Tables)
 12 Months Ended
Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract]  
Summary of Cash and Cash Equivalents
(€ million)
2024
2023
2022
Cash
1,270
1,461
1,385
Cash equivalents(a)
6,171
7,249
11,351
Cash and cash equivalents
7,441
8,710
12,736
(a)As of December 31, 2024, cash equivalents mainly comprised the following: (i) €4,161 million invested in euro and US dollar denominated money-market
mutual funds (December 31, 2023: €5,349 million; December 31, 2022: €9,537 million); (ii) €1,293 million of term deposits (December 31,
2023: €1,191 million; December 31, 2022: €1,167 million) and (iii) zero commercial paper (December 31, 2023: zero; December 31, 2022: zero). Cash
equivalents also include €446 million held by captive insurance and reinsurance companies in accordance with insurance regulations (December 31,
2023: €476 million; December 31, 2022: €439 million).