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TRADE PAYABLES AND OTHER (Tables) | 6 Months Ended
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Jun. 30, 2024
Trade and other payables [abstract] |
Schedule of Trade Payables and Other |
|  | At June 30, 2024 |  | At December 31, 2023
(in millions of Euros) |  | Non-current |  | Current |  | Non-current |  | Current
Trade payables |  | — |  | 1,099 |  | — |  | 931
Fixed assets payables |  | — |  | 41 |  | — |  | 35
Employees' entitlements |  | — |  | 195 |  | — |  | 211
Taxes payable other than income tax |  | — |  | 32 |  | — |  | 15
Contract liabilities and other liabilities to customers |  | 31 |  | 54 |  | 29 |  | 62
Other payables |  | 37 |  | 10 |  | 30 |  | 9
Total other |  | 68 |  | 332 |  | 59 |  | 332
Total trade payables and other |  | 68 |  | 1,431 |  | 59 |  | 1,263
Schedule of Contract Liabilities |
|  | At June 30, 2024 |  | At December 31, 2023
(in millions of Euros) |  | Non-current |  | Current |  | Non-current |  | Current
Deferred tooling revenue |  | 30 |  | — |  | 28 |  | —
Advance payment from customers |  | — |  | 12 |  | — |  | 7
Unrecognized variable consideration (A) |  | 1 |  | 42 |  | 1 |  | 55
Total contract liabilities and other liabilities to customers |  | 31 |  | 54 |  | 29 |  | 62
(A)Unrecognized variable consideration consists of expected volume rebates, discounts, incentives, refunds penalties and price concessions.

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