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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property, plant and equipment [abstract]  
Summary of Property, Plant and Equipment
Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets, as follows:
Property, plant and equipmentUseful life (years)
Buildings
10-33
Equipment, tools and installations
7-18
(in millions €)Land and buildingsEquipment, tools and installationsConstruction in progress and advance paymentsTotal
Acquisition and production costs
As of January 1, 2022104.1198.394.3396.7
Additions100.246.7182.3329.2
Disposals(1.1)(0.5)(1.6)
Reclassifications12.028.2(40.2)
Currency differences0.70.9(0.4)1.2
As of December 31, 2022217.0273.0235.5725.5
As of January 1, 2023217.0273.0235.5725.5
Additions9.750.3189.4249.4
Acquisition of subsidiaries and businesses2.12.1
Disposals(2.4)(0.2)(2.6)
Reclassifications9.322.3(31.6)
Currency differences(0.6)(1.2)(3.6)(5.4)
As of December 31, 2023235.4344.1389.5969.0
(in millions €)Land and buildingsEquipment, tools and installationsConstruction in progress and advance paymentsTotal
Cumulative depreciation and impairment charges
As of January 1, 202214.260.074.2
Depreciation 7.834.642.4
Disposals(0.4)(0.4)
Currency differences0.10.1
As of December 31, 202222.094.3116.3
As of January 1, 202322.094.3116.3
Depreciation 14.483.397.7
Disposals(1.7)(1.7)
Currency differences(0.2)(0.3)(0.5)
As of December 31, 202336.2175.6211.8
(in millions €)Land and buildingsEquipment, tools and installationsConstruction in progress and advance paymentsTotal
Carrying amount
As of December 31, 2022195.0178.7235.5609.2
As of December 31, 2023199.2168.5389.5757.2