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INVENTORIES (Details) - EUR (€) € in Millions	Jun. 30, 2024	Dec. 31, 2023
Subclassifications of assets, liabilities and equities [abstract]
Finished goods	€ 234	€ 260
Work in progress	625	537
Raw materials	203	231
Stores and supplies	128	123
Inventories write down	(56)	(53)
Total inventories	€ 1,134	€ 1,098

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Inventory write-down, Allowance

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- Definition

A classification of current inventory representing the amount of goods that have completed the production process and are held for sale in the ordinary course of business. [Refer: Inventories]

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The amount of inventories carried at net realisable value. [Refer: Inventories]

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A classification of current inventory representing the amount of supplies to be used for the production process. [Refer: Inventories]

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A classification of current inventory representing the amount of assets to be consumed in the production process or in the rendering of services. [Refer: Inventories]

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A classification of current inventory representing the amount of assets currently in production, which require further processes to be converted into finished goods or services. [Refer: Current finished goods; Inventories]

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