XML 256 R50.htm IDEA: XBRL DOCUMENT
v3.22.4

Accrued and other liabilities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Accrued Liabilities and Other Liabilities [Abstract] |
Accrued and Other Liabilities | Accrued and other liabilities consist of the following:
Year ended December 31 (€, in millions) | 2021 |  | 2022
Costs to be paid 1 | 352.0 |  |  | 511.6 |
Personnel-related items | 864.7 |  |  | 1,070.9 |
Derivative financial instruments 2 | 2.8 |  |  | 261.2 |
Operating lease liabilities 3 | 161.7 |  |  | 196.7 |
Provisions | 91.2 |  |  | 90.5 |
Standard warranty reserve | 145.3 |  |  | 143.6 |
Other | 68.9 |  |  | 56.3 |
Accrued and other liabilities | 1,686.6 |  |  | 2,330.8 |
Less: non-current portion of accrued and other liabilities | 251.1 |  |  | 454.9 |
Current portion of accrued and other liabilities | 1,435.5 |  |  | 1,875.9 |
1.Costs to be paid includes an amount payable to related parties. For further details see Note 26 Related parties and variable interest entities. 2.For further details on derivative financial instruments see Note 25 Financial risk management. 3.For further details on lease liabilities see Note 14 Right-of-use assets and lease liabilities.
Changes in Standard Warranty Reserve | Total changes in standard warranty reserve for the years 2022 and 2021, are as follows:
Year ended December 31 (€, in millions) | 2021 |  | 2022
Balance at beginning of year | 119.1 |  |  | 145.3 |
Additions for the year | 188.6 |  |  | 191.5 |
Utilization of the reserve | (162.8) |  |  | (193.5) |
Effect of exchange rates | 0.4 |  |  | 0.3 |
Balance at end of year | 145.3 |  |  | 143.6 |

X
- References No definition available. + Details
Name: | us-gaap_AccruedLiabilitiesAndOtherLiabilitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=126907703&loc=d3e12565-110249 + Details
Name: | us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration