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Related parties and variable interest entities (Tables)
12 Months Ended
Dec. 31, 2023
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)
2022
2023
Maximum
exposure to loss
Advance payments included in Other assets
1,100.3
1,182.7
1,182.7
Advance payments included in Property, plant and equipment
70.0
Loan receivable
364.4
912.4
912.4
Investment agreement for 24.9% equity
923.6
919.6
919.6
Accounts receivable
7.8
7.8
Accounts payable
269.2
4.0
Cost to be paid included in Accrued and other liabilities
111.2
199.9
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)
2021
2022
2023
Total purchases
2,070.3
2,693.6
3,325.9