XML 254 R48.htm IDEA: XBRL DOCUMENT v3.22.4
Property, plant and equipment, net (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment by Useful Life
The following table shows the respective useful lives for Property, plant and equipment:
CategoryEstimated useful life
Buildings and constructions
5–45 years
Machinery and equipment
1–7 years
Leasehold improvements
1–10 years
Furniture, fixtures and other
3–5 years
Property, Plant and Equipment
Property, plant and equipment consists of the following:
€, in millionsLand and
buildings
Machinery
and equipment
Leasehold
improvements
Furniture, fixtures
and other
Total
Cost
Balance at January 1, 20212,432.2 1,828.9 340.3 420.6 5,022.0 
Additions372.7 389.6 33.2 65.3 860.8 
Divestment(17.9)(13.4)— (4.7)(36.0)
Disposals(0.5)(199.1)(7.5)(70.3)(277.4)
Net non-cash movements to/from Inventories— 11.9 — — 11.9 
Effect of changes in exchange rates17.2 10.8 2.6 3.2 33.8 
Balance at December 31, 20212,803.7 2,028.7 368.6 414.1 5,615.1 
Additions510.9 665.4 34.4 87.6 1,298.3 
Disposals(1.3)(42.2)(1.0)(3.0)(47.5)
Net non-cash movements to/from Inventories 129.2   129.2 
Effect of changes in exchange rates0.7 (3.5)(1.2)(1.7)(5.7)
Balance at December 31, 20223,314.0 2,777.6 400.8 497.0 6,989.4 
 
Accumulated depreciation and impairment
Balance at January 1, 2021842.6 1,126.2 297.3 285.6 2,551.7 
Depreciation95.6 167.1 15.9 43.0 321.6 
Impairment charges3.1 8.2 0.2 — 11.5 
Divestment(0.6)(4.4)— (2.5)(7.5)
Disposals(0.4)(181.2)(3.9)(69.7)(255.2)
Net non-cash movements to/from Inventories— (7.9)— — (7.9)
Effect of changes in exchange rates7.4 7.6 1.5 1.7 18.2 
Balance at December 31, 2021947.7 1,115.6 311.0 258.1 2,632.4 
€, in millionsLand and
buildings
Machinery
and equipment
Leasehold
improvements
Furniture, fixtures
and other
Total
Depreciation134.8 232.6 21.9 55.9 445.2 
Impairment charges10.9 6.4 0.5  17.8 
Disposals(2.3)(29.5)(0.9)(2.4)(35.1)
Net non-cash movements to/from Inventories (10.9)  (10.9)
Effect of changes in exchange rates(0.5)(1.9)(0.6)(1.2)(4.2)
Balance at December 31, 20221,090.6 1,312.3 331.9 310.4 3,045.2 
 
Carrying amount
December 31, 20211,856.0 913.1 57.6 156.0 2,982.7 
December 31, 20222,223.4 1,465.3 68.9 186.6 3,944.2 
Depreciation Charges by Expense Classification
The Consolidated Statements of Operations include the following depreciation charges:
Year ended December 31 (€, in millions)202020212022
Cost of Sales205.9 188.6 248.2 
R&D Costs119.9 101.4 163.7 
SG&A25.9 31.6 33.3 
Total Depreciation351.7 321.6 445.2