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Other Current Financial Assets (Tables)

12 Months Ended

Dec. 31, 2022

Subclassifications of assets, liabilities and equities [abstract]

Schedule of Other Current Financial Assets

The breakdown of other financial assets of the Telefónica Group at December 31, 2022 and December 31, 2021 is as follows:

Millions of euros			12/31/2022			12/31/2021
Short-term credits			128			1,306
Short-term deposits and guarantees			439			760
Short-term derivative financial assets (Note 19)			712			995
Other current financial assets			1,165			774
Total			2,444			3,835

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Disclosure of other current financial assets

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