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Analysis of bank and bond debt - Medium-term notes and bond debt (Details)
€ in Millions, £ in Millions
Nov. 22, 2024
EUR (€)
Dec. 31, 2024
EUR (€)
Dec. 31, 2024
GBP (£)
Dec. 31, 2023
EUR (€)
Analysis of bank and bond debt        
Effective hedged rate of bonds   3.96% 3.96% 3.97%
€400m bond due November 2024        
Analysis of bank and bond debt        
Principal amount       € 400
Repayments of bonds € 400      
€400m bond due November 2024 | Fixed        
Analysis of bank and bond debt        
Bond interest coupon       0.95%
Effective hedged rate of bonds       3.60%
€500m bond due May 2026        
Analysis of bank and bond debt        
Principal amount   € 500    
€500m bond due May 2026 | Fixed        
Analysis of bank and bond debt        
Bond interest coupon   0.875% 0.875% 0.875%
Effective hedged rate of bonds   2.66% 2.66% 2.80%
€850m bond due June 2027        
Analysis of bank and bond debt        
Principal amount   € 850    
€850m bond due June 2027 | Fixed        
Analysis of bank and bond debt        
Bond interest coupon   3.875% 3.875% 3.875%
Effective hedged rate of bonds   4.95% 4.95% 5.01%
€600m bond due October 2028        
Analysis of bank and bond debt        
Principal amount   € 600    
€600m bond due October 2028 | Fixed        
Analysis of bank and bond debt        
Bond interest coupon   0.50% 0.50% 0.50%
Effective hedged rate of bonds   2.12% 2.12% 2.23%
€600m bond due June 2030        
Analysis of bank and bond debt        
Principal amount   € 600    
€600m bond due June 2030 | Fixed        
Analysis of bank and bond debt        
Bond interest coupon   4.375% 4.375% 4.375%
Effective hedged rate of bonds   4.58% 4.58% 4.48%
£400m bond due June 2032        
Analysis of bank and bond debt        
Principal amount | £     £ 400  
£400m bond due June 2032 | Fixed        
Analysis of bank and bond debt        
Bond interest coupon   5.00% 5.00% 5.00%
Effective hedged rate of bonds   5.19% 5.19% 5.20%