XML 436 R25.htm IDEA: XBRL DOCUMENT

TRADE PAYABLES AND OTHER

12 Months Ended

Dec. 31, 2021

NOTE 18 - TRADE PAYABLES AND OTHER


	At December 31,
	2021		2020
(in millions of Euros)	Non-current	Current	Non-current	Current
Trade payables	—	1,065	—	626
Fixed assets payables	—	22	—	27
Employees' entitlements	—	185	—	143
Taxes payable other than income tax	—	16	—	15

Contract liabilities and other liabilities to customers	4	77	3	81
Other payables	28	12	29	13
Total other	32	312	32	279
Total trade payables and other	32	1,377	32	905

Contract liabilities and other liabilities to customers


	At December 31,
	2021		2020
(in millions of Euros)	Non-current	Current	Non-current	Current
Deferred tooling revenue	3	—	2	—
Advance payment from customers	—	7	—	2
Unrecognized variable consideration (A)	1	67	1	72
Other	—	3	—	7
Total contract liabilities and other liabilities to customers	4	77	3	81

(A)Unrecognized variable consideration consists of expected volume rebates, discounts, incentives, refunds penalties and price concessions.

Revenue of €33 million that related to contract liabilities at December 31, 2020 was recognized in the year ended December 31, 2021. Revenue of €36 million generated in the year ended December 31, 2021 was deferred.

Revenue of €31 million that related to contract liabilities at January 1, 2020 was recognized in the year ended December 31, 2020. Revenue of €60 million generated in the year ended December 31, 2020 was deferred.