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Note 27 - Accumulated Other Comprehensive Income | 6 Months Ended
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Jun. 30, 2020
Accumulated other comprehensive income abstract |
Accumulated Other Comprehensive Income Explanatory | 27. Accumulated other comprehensive income The breakdown of the balance under this heading in the accompanying consolidated balance sheet is as follows:
Accumulated other comprehensive income. Breakdown by concepts (Millions of Euros)
| Notes | June 2020 | December 2019
Items that will not be reclassified to profit or loss |  | (2,253) | (1,875)
Actuarial gains (losses) on defined benefit pension plans |  | (1,381) | (1,498)
Non-current assets and disposal groups classified as held for sale |  | 1 | 2
Fair value changes of equity instruments measured at fair value through other comprehensive income | 12.4 | (940) | (403)
Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk |  | 67 | 24
Items that may be reclassified to profit or loss |  | (10,570) | (8,351)
Hedge of net investments in foreign operations (effective portion) |  | (312) | (896)
Foreign currency translation |  | (12,351) | (9,147)
Hedging derivatives. Cash flow hedges (effective portion) |  | 308 | (44)
Fair value changes of debt instruments measured at fair value through other comprehensive income | 12.4 | 1,830 | 1,760
Non-current assets and disposal groups classified as held for sale |  | (27) | (18)
Share of other recognized income and expense of investments in subsidiaries, joint ventures and associates |  | (19) | (5)
Total |  | (12,822) | (10,226)
The balances recognized under these headings are presented net of tax.

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