XML 310 R76.htm IDEA: XBRL DOCUMENT v3.22.4
OPERATING SEGMENT INFORMATION - Segment Adjusted EBITDA and reconciliation of Adjusted EBITDA to Net Income (Details) - EUR (€)
€ in Millions
 1 Months Ended 12 Months Ended
Oct. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Disclosure of segment adjusted EBITDA and reconciliation of adjusted EBITDA to net income [line items]        
Adjusted EBITDA   € 673 € 581 € 465
Metal price lag   (29) 187 (8)
Start-up and development costs   0 0 (5)
Share based compensation costs   (18) (15) (15)
(Losses) / gains on pension plan amendments   47 (32) (2)
Depreciation and amortization   (287) (267) (259)
Impairment of assets   0 0 (43)
Restructuring costs   (1) (3) (13)
Unrealized (losses) / gains on derivatives   (46) 35 16
Unrealized exchange (losses) / gains from the remeasurement of monetary assets and liabilities – net   (1) 1 1
Losses on disposal   (4) (3) (4)
Other   0 0 (8)
Income from operations   334 484 125
Finance costs - net   (131) (167) (159)
Income / (loss) before tax   203 317 (34)
Income tax benefit / (expense)   105 (55) 17
Net income / (loss)   308 262 (17)
Collective bargaining agreement, period 3 years      
Losses reclassified from OCI as a result of hedge accounting discontinuation   0 0 6
OPEB        
Disclosure of segment adjusted EBITDA and reconciliation of adjusted EBITDA to net income [line items]        
(Losses) / gains on pension plan amendments   49    
Negative past service cost recorded to cancel gain originally recognized     31  
COVID-19        
Disclosure of segment adjusted EBITDA and reconciliation of adjusted EBITDA to net income [line items]        
Procurement penalties and termination fees       2
Losses reclassified from OCI as a result of hedge accounting discontinuation       6
P&ARP        
Disclosure of segment adjusted EBITDA and reconciliation of adjusted EBITDA to net income [line items]        
Adjusted EBITDA   326 344 291
A&T        
Disclosure of segment adjusted EBITDA and reconciliation of adjusted EBITDA to net income [line items]        
Adjusted EBITDA   217 111 106
AS&I        
Disclosure of segment adjusted EBITDA and reconciliation of adjusted EBITDA to net income [line items]        
Adjusted EBITDA   149 142 88
H&C        
Disclosure of segment adjusted EBITDA and reconciliation of adjusted EBITDA to net income [line items]        
Adjusted EBITDA   € (19) € (16) € (20)