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Related parties and variable interest entities (Tables)
12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The below table shows the outstanding balances with Carl Zeiss SMT Holding GmbH & Co. KG and its subsidiaries in our Consolidated Balance Sheets, as well as our maximum exposure to losses:
Year ended December 31 (€, in millions)20212022Maximum exposure to loss
Advance payments included in Other assets982.8 1,100.3 1,100.3 
Advance payments included in Property, plant & equipment82.1 70.0 70.0 
Loan receivable124.4 364.4 364.4 
Investment agreement for 24.9% equity
892.5 923.6 923.6 
Accounts payable482.7 269.2  
Cost to be paid included in Accrued and other liabilities— 111.2  
Our maximum exposure to loss related to our involvement in Carl Zeiss SMT Holding GmbH & Co. KG as a variable interest entity includes the carrying value of each of the assets, as well as the risk of any future operating losses of Carl Zeiss SMT Holding GmbH & Co. KG, which cannot be quantified.
The total purchases from Carl Zeiss SMT Holding GmbH & Co. KG and its subsidiaries are as follows:
Year ended December 31 (€, in millions)202020212022
Total purchases1,623.9 2,070.3 2,693.6