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Other assets (Tables)
12 Months Ended
Dec. 31, 2022
Other Assets [Abstract]  
Other Assets
Other current and non-current assets consist of the following:
Year ended December 31 (€, in millions)20212022
Advance payments to Carl Zeiss SMT GmbH1
288.5 479.9 
Prepaid expenses374.3 678.6 
Derivative financial instruments2
52.2 17.3 
VAT receivable136.7 201.2 
Other assets148.8 266.4 
Other current assets 1,000.5 1,643.4 
 
Advance payments to Carl Zeiss SMT GmbH1
694.3 620.4 
Prepaid expenses41.0 32.4 
Derivative financial instruments2
47.3  
Compensation plan assets81.4 71.1 
Non-current accounts receivable8.0  
Other assets15.0 15.9 
Other non-current assets 887.0 739.8 
1.For further details on advance payments to Carl Zeiss SMT GmbH see Note 26 Related parties and variable interest entities.
2.For further details on derivative financial instruments see Note 25 Financial risk management.