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Consolidated Statements of Operations - EUR (€)
€ in Millions, shares in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Total net sales € 28,262.9 € 27,558.5 € 21,173.4
Total cost of sales [1] (13,770.9) (13,422.4) (10,473.3)
Gross profit 14,492.0 14,136.1 10,700.1
Research and development (R&D) costs (4,303.7) (3,980.6) (3,253.5)
Selling, general and administrative (SG&A) costs (1,165.7) (1,113.2) (945.9)
Income from operations 9,022.6 9,042.3 6,500.7
Interest and other, net 19.8 41.2 (44.6)
Income before income taxes 9,042.4 9,083.5 6,456.1
Income tax expense (1,680.6) (1,435.8) (969.9)
Income after income taxes 7,361.8 7,647.7 5,486.2
Profit from equity method investments 209.8 191.3 138.0
Net income € 7,571.6 € 7,839.0 € 5,624.2
Basic net income per ordinary share (in EUR per share) € 19.25 € 19.91 € 14.14
Diluted net income per ordinary share (in EUR per share) € 19.24 € 19.89 € 14.13
Number of ordinary shares used in computing per share amounts:      
Basic (in shares) 393.3 393.8 397.7
Diluted (in shares) 393.6 394.1 398.0
Net system sales      
Total net sales € 21,768.7 € 21,938.6 € 15,430.3
Total cost of sales (10,406.9) (10,151.0) (7,582.3)
Net service and field option sales      
Total net sales 6,494.2 5,619.9 5,743.1
Total cost of sales € (3,364.0) € (3,271.4) € (2,891.0)
[1] Cost of sales includes amounts with related parties of €2,793.2 million, €2,854.5 million and €2,206.1 million in 2024, 2023 and 2022, respectively.