PROVISIONS (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure of other provisions [abstract]


(in millions of Euros)	Close down and environmental remediation costs	Restructuring costs	Legal claims and other costs	Total
At January 1, 2023	86	—	25	111

Allowance	8	—	1	9
Amounts used	(3)	—	(1)	(4)
Unused amounts reversed	(2)	—	(4)	(6)
Unwinding of discounts and change in discount rates	(4)	—	—	(4)
Effects of changes in foreign exchange rates	1	—	—	1

At December 31, 2023	86	—	21	107

Of which current	10	—	8	18
Of which non-current	76	—	13	89
Total provisions	86	—	21	107


(in millions of Euros)	Close down and environmental remediation costs	Restructuring costs	Legal claims and other costs	Total
At January 1, 2022	88	2	27	117

Allowance	3	—	3	6
Amounts used	(3)	(2)	(2)	(7)
Unused amounts reversed	—	—	(4)	(4)
Unwinding of discounts and change in discount rates	(5)	—	—	(5)
Effects of changes in foreign exchange rates	3	—	1	4

At December 31, 2022	86	—	25	111

Of which current	12	—	9	21
Of which non-current	74	—	16	90
Total provisions	86	—	25	111

Schedule of Legal Claims and Other Costs


	At December 31,
(in millions of Euros)	2023	2022

Litigation	13	15
Disease claims (A)	8	10

Total provisions for legal claims and other costs	21	25

(A)Since the early 1990s, certain activities of the Group’s businesses have been subject to claims and lawsuits in France relating to occupational diseases resulting from alleged asbestos exposure, such as mesothelioma and asbestosis. It is not uncommon for the investigation and resolution of such claims to go on over many years as the latency period for developing such diseases is typically between 25 and 40 years. For any such claim, it is up to the social security authorities in each jurisdiction to determine if a claim qualifies as an occupational illness claim. If so determined, the Group must settle the case or defend its position in court. At December 31, 2023, seven cases in which gross negligence is alleged (“faute inexcusable”) are outstanding (five at December 31, 2022), the

average amount per claim being around €0.4 million. The average settlement amount per claim over the past five years was less than €0.5 million. It is not anticipated that the resolution of such litigation and proceedings will have a material effect on the future results from continuing operations, financial position, or cash flows of the Group.