XML 188 R93.htm IDEA: XBRL DOCUMENT v3.20.1
Financial Risk Management Policy - Liquidity Risk and Interest Rate Risk (Details)
€ in Thousands, $ in Millions
1 Months Ended
Sep. 30, 2018
EUR (€)
Dec. 31, 2019
USD ($)
Dec. 31, 2019
EUR (€)
Nov. 15, 2019
USD ($)
item
Nov. 15, 2019
EUR (€)
item
Dec. 31, 2018
EUR (€)
Dec. 31, 2017
EUR (€)
Dec. 31, 2016
EUR (€)
Financial Risk Management Policy                
Cash and cash equivalents     € 741,982     € 1,033,792 € 886,521 € 895,009
Senior Debt                
Financial Risk Management Policy                
Amount of borrowings refinanced         € 5,800,000      
Senior Secured Notes                
Financial Risk Management Policy                
Principal amount     1,675,000   € 1,675,000      
Number of bonds issued | item       2 2      
Revolving Credit Facility, Maturing in 2025                
Financial Risk Management Policy                
Carrying amount | $   $ 0            
Senior notes                
Financial Risk Management Policy                
Principal amount     2,675,000     1,000,000    
EIB Loan                
Financial Risk Management Policy                
Carrying amount     233,750     244,375    
EIB Loan, Maturing in 2028                
Financial Risk Management Policy                
Principal amount € 85,000              
Debt term 10 years              
Grace period 2 years              
Liquidity risk                
Financial Risk Management Policy                
Cash and cash equivalents     741,982     1,033,792    
Unused credit facility     532,169     404,808    
Liquidity risk | Term Loan B                
Financial Risk Management Policy                
Principal amount       $ 2,500 € 1,360,000      
Liquidity risk | Senior Secured Notes                
Financial Risk Management Policy                
Principal amount         € 1,675,000      
Liquidity risk | Revolving Credit Facility, Maturing in 2025 | Maximum                
Financial Risk Management Policy                
Maximum borrowing capacity | $       $ 500        
Liquidity risk | EIB Loan                
Financial Risk Management Policy                
Carrying amount     233,750     244,375    
Liquidity risk | EIB Loan, Maturing in 2028                
Financial Risk Management Policy                
Principal amount € 85,000              
Debt term 10 years              
Grace period 2 years              
Liquidity risk | Revolving credit facility                
Financial Risk Management Policy                
Unused credit facility     € 445,434     € 262,008    
Interest rate risk | Fixed-interest                
Financial Risk Management Policy                
Percentage of fixed rate interest debt of the total debt   45.00% 45.00%     19.00%    
Interest rate risk | Senior Debt | Euros                
Financial Risk Management Policy                
Percentage of total senior debt in euros of the Group's total senior debt   38.00% 38.00%     12.00%    
Interest rate risk | Senior notes                
Financial Risk Management Policy                
Principal amount     € 2,675,000          
Interest rate risk | Senior notes | Euros                
Financial Risk Management Policy                
Percentage of fixed rate interest debt of the total debt   63.00% 63.00%          
Interest rate risk | EIB Loan                
Financial Risk Management Policy                
Carrying amount     € 233,750          
Interest rate risk | EIB Loan | Euros                
Financial Risk Management Policy                
Percentage of additional loans received from EIB of the Group's total debt   5.00% 5.00%