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Derivative Financial Instruments and Risk Management Policies - Breakdown of Financial Results (Details) - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Disclosure of financial assets [line items]      
Other financial income € 5,139 € 5,160 € 5,682
Total 39,993 39,277 43,076
Subtotal 1,012 1,573  
Financial expenses on lease liabilities (see Note 20) (365) (246)  
Subtotal (3,030) (2,028) (2,417)
Increase (reduction) to finance income due to decisions with tax authorities   90 85
Telefonica de Argentina, SA      
Disclosure of financial assets [line items]      
Impact of hyperinflation on net monetary position on financial income 39 25 43
Derivative instruments      
Disclosure of financial assets [line items]      
Interest income 384 191 185
Dividends received 25 14 12
Other financial income 894 174 159
Total 1,303 379 356
Changes in fair value of asset derivatives at fair value through profit or loss 377 132 255
Changes in fair value of liability derivatives at fair value through profit or loss (861) (24) (507)
Changes in the fair value of debt instruments and other assets at fair value to profit or loss 8 0 (3)
Transfer from equity of results of cash flow hedges - future cash flows that are no longer expected to happen (2) 0 0
(Loss)/Gain on fair value hedges (1,818) (517) 563
Gain/(loss) on adjustment to items hedged by fair value hedges 1,763 527 (525)
Subtotal (533) 118 (217)
Interest expenses (1,548) (1,290) (1,320)
Financial expenses on lease liabilities (see Note 20) (393) (274) (193)
Ineffective portion of cash flow hedges (15) (41) 45
Accretion of provisions and other liabilities 276 (169) (280)
Other financial expenses (317) (137) (131)
Subtotal (1,997) (1,911) (1,879)
Net finance costs excluding foreign exchange differences and hyperinflation adjustments (1,227) € (1,414) € (1,740)
Derivative instruments | Spain      
Disclosure of financial assets [line items]      
Other financial income 526    
Derivative instruments | Telefónica Brazil      
Disclosure of financial assets [line items]      
Other financial income € 139