PROPERTY, PLANT AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2021

Property, plant and equipment [abstract]

Schedule of Property, Plant and Equipment


(in millions of Euros)	Land and Property Rights	Buildings	Machinery and Equipment	Construction Work in Progress	Other	Total



Net balance at January 1, 2021	20	379	1,361	132	14	1,906

Additions	—	4	23	54	1	82
Disposals	—	—	(1)	—	—	(1)
Depreciation expense	—	(14)	(104)	(1)	(4)	(123)

Transfer and other changes	—	1	45	(48)	3	1
Effect of changes in foreign exchange rates	1	5	23	1	—	30
Net balance at June 30, 2021	21	375	1,347	138	14	1,895

Cost	37	573	2,579	147	51	3,387


Less accumulated depreciation and impairment	(16)	(198)	(1,232)	(9)	(37)	(1,492)
Net balance at June 30, 2021	21	375	1,347	138	14	1,895

Schedule of Right of Use Assets

Right-of-use assets have been included within the same line item as that in which the corresponding underlying assets would be presented if they were owned.


(in millions of Euros)	Buildings	Machinery and Equipment	Other	Total


Net balance at January 1, 2021	112	72	2	186

Additions	4	3	—	7

Depreciation expense	(6)	(10)	—	(16)

Transfer and other changes	—	(1)	—	(1)
Effect of changes in foreign exchange rates	1	1	—	2
Net balance at June 30, 2021	111	65	2	178

Cost	147	138	4	289
Less accumulated depreciation and impairment	(36)	(73)	(2)	(111)
Net balance at June 30, 2021	111	65	2	178