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FINANCIAL RISK MANAGEMENT - Impact on Profit and Equity (Before Tax Effect) of a 10% Strengthening of US Dollar Versus Euro for Non-US Dollar Functional Currency Entities (Details) - 10% strengthening U.S. Dollar/Euro € in Millions | 12 Months Ended
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Dec. 31, 2023 EUR (€)
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Effect on income before tax | € (23)
Effect on pretax equity | (20)
Net commercial transaction exposure |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Effect on income before tax | (23)
Effect on pretax equity | (20)
Net financing transaction exposure |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Effect on income before tax | 0
Effect on pretax equity | 0
Trade receivables |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Effect on income before tax | 1
Effect on pretax equity | 0
Trade payables |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Effect on income before tax | (1)
Effect on pretax equity | 0
Derivatives on commercial transactions |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Effect on income before tax | (23)
Effect on pretax equity | (20)
Cash in Bank and intercompany loans |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Effect on income before tax | 99
Effect on pretax equity | 0
Borrowings |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Effect on income before tax | (108)
Effect on pretax equity | 0
Derivatives on financing transactions |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Effect on income before tax | 9
Effect on pretax equity | € 0

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