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Related parties and variable interest entities (Tables) | 12 Months Ended
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Dec. 31, 2025
Related Party Transactions [Abstract] |
Schedule of related party transactions | The below table shows t he 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) | 2024 |  | 2025 | Maximum exposure to loss
Advance payments included in Other assets | 1,415.7 |  | 1,191.9 | 1,191.9
Loans receivable | 1,440.8 |  | 1,907.5 | 1,907.5
Investment agreement for 24.9% equity | 903.0 |  | 822.6 | 822.6
Accounts receivable | 70.8 |  | 1.1 | 1.1
Accounts payable | 955.8 |  | 1,085.8 | —
Cost to be paid included in Accrued and other liabilities | 199.9 |  | 123.0 | —
The Advance payments included in Other assets includes €330.9 million related to amounts paid prior to the 2021 framework agreement. Our maximum exposure to loss related to our involvement in Carl Zeiss SMT Holding GmbH & Co. KG as a VIE 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) | 2023 | 2024 |  | 2025
Total purchases | 3,325.9 | 3,946.5 |  | 4,406.9

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