XML 233 R129.htm IDEA: XBRL DOCUMENT
v3.21.1

Financial Risk Management - Additional Information (Detail) $ in Millions | 1 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | ---
Nov. 30, 2020 USD ($) | Dec. 31, 2020 SEK (kr) RiskRating | Dec. 31, 2019 SEK (kr) | Dec. 31, 2020 USD ($) | Dec. 31, 2019 USD ($)
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Sales and operating income hedging advance period |  | 3 years |  |  |
Outstanding loan at year-end | $ |  |  |  | $ 610 | $ 440
Average balance over the year | $ |  |  |  | $ 751 |
Net gain on the hedge loan balances |  | kr 1,000,000,000 |  |  |
Realization of loan amount |  | 811,000,000 |  |  |
Revaluation of loan amount |  | kr 204,000,000 |  |  |
Percentage of probability level |  | 99.00% |  |  |
Description of Sensitivity analysis |  | The Company uses the Value at Risk (VaR) methodology to measure foreign exchange and interest rate risks managed by the treasury function. This statistical method expresses the maximum potential loss that can arise with a certain degree of probability during a certain period of time. For the VaR measurement, the Company has chosen a probability level of 99% and a one-day time horizon |  |  |
Percentage of risk at confidence level |  | 99.00% |  |  |
Maximum foreign exchange positions |  | kr 45,000,000 |  |  |
Average of value at risk calculated |  | 21,000,000 | kr 20,600,000 |  |
Sensitivity to interest rate increase of 1 basis point |  | kr 2,000,000 |  |  |
Number of risk categories | RiskRating |  | 3 |  |  |
Trade receivables and contract assets |  | kr 53,336,000,000 | 55,240,000,000 |  |
Provisions for expected credit losses on trade receivables and contract assets |  | 2,518,000,000 | 2,983,000,000 |  |
Receivables write-offs |  | 136,000,000 | 382,000,000 |  |
Receivables subject to enforcement |  | kr 0 | 0 |  |
Information about major customers |  | The ten largest customers represented 50% (49%) of the total trade receivables and contract assets in 2020. |  |  |
Customer finance credits |  | kr 5,262,000,000 | 5,924,000,000 |  |
Carrying value of customer finance credits |  | 3,137,000,000 | 3,756,000,000 |  |
Total customer finance arrangements |  | kr 72,000,000 | kr 80,000,000 |  |
Aggregate percentage of customer finance exposure |  | 75.00% | 69.00% |  |
Unutilized customer finance commitments |  | kr 26,939,000,000 | kr 25,854,000,000 |  |
Fair value revaluations for customer finance |  | 66,000,000 | 804,000,000 |  |
Customer finance credit realized losses |  | 66,000,000 | 804,000,000 |  |
Repayment of bilateral credit facility to European Investment Bank | $ | $ 684 |  |  |  |
Amount refinanced Swedish Export Credit Corporation |  | 170,000,000 |  |  |
Bond loan |  | 200,000,000 |  |  |
Net increase in funding |  | kr 30,000,000 |  |  |
Borrowings maturity |  | 2030 |  |  |
Derivatives [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Credit exposure |  | kr 300,000,000 | kr 100,000,000 |  |
Middle East and Africa [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Percentage of customer finance outstanding exposure |  | 44.00% | 49.00% |  |
South East Asia, Oceania and India [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Percentage of customer finance outstanding exposure |  | 25.00% | 29.00% |  |
Interest Bearing Assets [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Sensitivity to interest rate increase of 1 basis point |  | kr (6,000,000) |  |  |
Interest bearing liabilities [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Sensitivity to interest rate increase of 1 basis point |  | kr 7,000,000 |  |  |
Trade receivables [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Concentrations of risk |  | 50.00% |  |  |
Contract assets [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Concentrations of risk |  | 49.00% |  |  |
Exchange rate risk [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Description of objectives, policies and processes for managing risk |  | In order to spread the FX execution risk over the year, 14% of each of the next six months forecasted sales and purchases in EAB are hedged monthly. The hedged volumes are funded by internal loans from its parent company which are not hedged, therefore the FX impact on revaluation of the loan is recognized in net FX as incurred |  |  |
Bottom of range [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Sales and operating income hedging limit percentage |  | 0.00% |  |  |
Top of range [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Sales and operating income hedging limit percentage |  | 100.00% |  |  |
Top of range [member] | Interest Bearing Assets [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Sensitivity to interest rate increase of 1 basis point |  | kr 10,000,000 |  |  |
Top of range [member] | Interest bearing liabilities [member] |  |  |  |  |
Disclosure Of Financial Risk Management [Line Items] |  |  |  |  |
Sensitivity to interest rate increase of 1 basis point |  | kr 500,000 | kr 1,300,000 |  |

X
- Definition Aggregate percentage of customer finance exposure. + References No definition available. + Details
Name: | eric_AggregatePercentageOfCustomerFinanceExposure
Namespace Prefix: | eric_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Allowance ​for​ impairment​ of trade​ receivables and contract assets​ write​ off. + References No definition available. + Details
Name: | eric_AllowanceForImpairmentOfTradeReceivablesAndContractAssetsWriteOff
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount refinanced Swedish Export Credit Corporation. + References No definition available. + Details
Name: | eric_AmountRefinancedSwedishExportCreditCorporation
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Average balance over the year. + References No definition available. + Details
Name: | eric_AverageBalanceOverYear
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Bond loan. + References No definition available. + Details
Name: | eric_BondLoan
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Carrying value of customer ﬁnance credits. + References No definition available. + Details
Name: | eric_CarryingValueOfCustomerFinanceCredits
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Concentrations of risk percentage. + References No definition available. + Details
Name: | eric_ConcentrationsOfRiskPercentage
Namespace Prefix: | eric_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Customer finance arrangements. + References No definition available. + Details
Name: | eric_CustomerFinanceArrangements
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Customer finance credit realized losses + References No definition available. + Details
Name: | eric_CustomerFinanceCreditRealizedLosses
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Customer finance credits. + References No definition available. + Details
Name: | eric_CustomerFinanceCredits
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represents information about financial risk management. + References No definition available. + Details
Name: | eric_DisclosureOfFinancialRiskManagementLineItems
Namespace Prefix: | eric_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value revaluations for customer finance. + References No definition available. + Details
Name: | eric_FairValueRevaluationsForCustomerFinance
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Maximum foreign exchange and interest rate risk positions. + References No definition available. + Details
Name: | eric_MaximumForeignExchangeAndInterestRateRiskPositions
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Net gain on the hedge loan balances. + References No definition available. + Details
Name: | eric_NetGainOnHedgeLoanBalances
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Net increase in funding. + References No definition available. + Details
Name: | eric_NetIncreaseInFunding
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Number of risk categories. + References No definition available. + Details
Name: | eric_NumberOfRiskCategories
Namespace Prefix: | eric_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Outstanding loan at year-end. + References No definition available. + Details
Name: | eric_OutstandingLoanAtYearEnd
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage of customer finance outstanding exposure + References No definition available. + Details
Name: | eric_PercentageOfCustomerFinanceOutstandingExposure
Namespace Prefix: | eric_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of probability level. + References No definition available. + Details
Name: | eric_PercentageOfProbabilityLevel
Namespace Prefix: | eric_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of value at risk confidence level. + References No definition available. + Details
Name: | eric_PercentageOfValueAtRiskConfidenceLevel
Namespace Prefix: | eric_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Provisions for expected credit losses on trade receivables and contract assets. + References No definition available. + Details
Name: | eric_ProvisionsForExpectedCreditLossesOnTradeReceivablesAndContractAssets
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Realization of loans amount. + References No definition available. + Details
Name: | eric_RealizationOfLoansAmount
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Receivables subject to collectible. + References No definition available. + Details
Name: | eric_ReceivablesSubjectToCollectible
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Repayment of bilateral credit facility to European Investment Bank. + References No definition available. + Details
Name: | eric_RepaymentOfBilateralCreditFacilityToEuropeanInvestmentBank
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Revaluation of loans amount. + References No definition available. + Details
Name: | eric_RevaluationOfLoansAmount
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Sales and operating income hedging advance period. + References No definition available. + Details
Name: | eric_SalesAndOperatingIncomeHedgingAdvancePeriod
Namespace Prefix: | eric_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sales and operating income hedging limit percentage. + References No definition available. + Details
Name: | eric_SalesAndOperatingIncomeHedgingLimitPercentage
Namespace Prefix: | eric_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sensitivity to interest rate increase of 1 basis point. + References No definition available. + Details
Name: | eric_SensitivityToInterestRateIncreaseOfOneBasisPoint
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Trade receivables and contract assets. + References No definition available. + Details
Name: | eric_TradeReceivablesAndContractAssets
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Unutilized customer finance commitments. + References No definition available. + Details
Name: | eric_UnutilizedCustomerFinanceCommitments
Namespace Prefix: | eric_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The maturity of borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_7&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_BorrowingsMaturity
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of exposure to loss resulting from credit risk. [Refer: Credit risk [member]] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Note Expiry date 2021-01-01 -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph IG24 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_IG24_a&doctype=Implementation%20Guidance&book=b -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Note Expiry date 2021-01-01 -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph IG25 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_IG25_b&doctype=Implementation%20Guidance&book=b -URIDate 2020-01-01 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Note Expiry date 2021-01-01 -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 36 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_36_c&doctype=Standard&book=b -URIDate 2020-01-01 + Details
Name: | ifrs-full_CreditExposure
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The description of objectives, policies and processes for managing the risks that arise from financial instruments. [Refer: Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 33 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_33_b&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DescriptionOfObjectivesPoliciesAndProcessesForManagingRisk
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Information about the entity's major customers and the extent of the entity's reliance on them. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2020-01-01 -Paragraph 34 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2020-en-r&anchor=para_34&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_InformationAboutMajorCustomers
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The description of method, parameters and assumptions used in preparing a sensitivity analysis, such as value-at-risk, that reflects interdependencies between risk variables (for example, interest rates and exchange rates) and is used to manage financial risks. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 41 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_41_a&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_MethodsUsedInPreparingSensitivityAnalysisReflectingInterdependenciesBetweenRiskVariables
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The measure of a potential loss exposure as a result of future market movements, based on a specified confidence interval and measurement horizon. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 41 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_41&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_ValueAtRisk
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_GeographicalAreasAxis=eric_MiddleEastAndAfricaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_GeographicalAreasAxis=eric_SouthEastAsiaOceaniaAndIndiaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=eric_InterestBearingAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=eric_InterestBearingLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_ContractAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=eric_ExchangeRateRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |