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PROPERTY, PLANT AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2024
Property, plant and equipment [abstract]  
Schedule of Property, Plant and Equipment
(in millions of Euros)Land and Property RightsBuildingsMachinery and EquipmentConstruction Work in ProgressOtherTotal
Net balance at January 1, 2024253791,381251112,047
Additions13361142156
Disposals(2)(2)
Depreciation expense(1)(17)(119)(4)(141)
Transfer and other changes1438(46)2(1)
Effect of changes in foreign exchange rates320225
Net balance at June 30, 2024263721,354321112,084
Cost476723,198333554,305
Less accumulated depreciation and impairment(21)(300)(1,844)(12)(44)(2,221)
Net balance at June 30, 2024263721,354321112,084
Schedule of Right of Use Assets
Right-of-use assets have been included in the same line item as that in which a corresponding owned asset would be presented.
(in millions of Euros)BuildingsMachinery and EquipmentOtherTotal
Net balance at January 1, 202410338141
Additions3811
Depreciation expense(6)(6)(12)
Net balance at June 30, 202410040140
Cost172107279
Less accumulated depreciation and impairment(72)(67)(139)
Net balance at June 30, 202410040140