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Note 43 (Tables)
 12 Months Ended
Dec. 31, 2024
Income And Expenses From Insurance And Reinsurance Contracts [Abstract]  
Insurance And Reinsurance Contracts In Income And Expense [Table Text Block]
The balances of the headings “Income and expense from insurance and reinsurance contracts” in the consolidated income statements stem from the insurance activity and include the following:
Income and expense from insurance and reinsurance contracts (Millions of Euros)
20242023
2022 ⁽¹⁾
Income from insurance and reinsurance contracts ⁽²⁾
3,7203,0812,622
Expense from insurance and reinsurance contracts(2,238)(1,821)(1,547)
Total1,4821,2611,075
(1) Balances corresponding to 2022 have been restated according to IFRS 17 (see Note 1.3).
(2) In general, the transition approach for calculating the contractual service margin has been the fair value approach for long-term contracts and the full retrospective approach for short-term contracts.
Income by type of insurance product [Table Text Block]
The table below shows the contribution of each insurance product to the Group´s income for the years ended December 31, 2024, 2023 and 2022:
Net income by type of product (Millions of Euros)
20242023
2022 ⁽¹⁾
Life insurance752617649
Individual656590573
Group insurance962776
Non-Life insurance730643426
Home insurance———
Other non-life insurance products730643426
Total1,4821,2611,075
(1) Balances corresponding to 2022 have been restated according to IFRS 17 (see Note 1.3).