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Accrued and other liabilities (Tables) | 12 Months Ended
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Dec. 31, 2025
Accrued Liabilities and Other Liabilities [Abstract] |
Accrued and other liabilities | Accrued and other liabilities consist of the following:
Year ended December 31 (€, in millions) | 2024 |  | 2025
Costs to be paid 1 | 536.1 |  | 498.6
Personnel-related items | 1,599.6 |  | 1,734.0
Derivative financial instruments 2 | 113.6 |  | 93.0
Lease liabilities 3 | 306.0 |  | 251.4
Provisions | 100.8 |  | 129.4
Standard warranty reserve | 158.9 |  | 188.5
Refund liability | 309.4 |  | 76.2
Other | 21.7 |  | 28.4
Accrued and other liabilities | 3,146.1 |  | 2,999.5
Less: non-current portion of accrued and other liabilities | 459.5 |  | 432.2
Current portion of accrued and other liabilities | 2,686.6 |  | 2,567.3
1.Costs to be paid includes an amount payable to related parties. For further details, see Note 26 Related parties and variable interest entities. 2.For further details on derivative financial instruments, see Note 25 Financial risk management. 3.For further details on lease liabilities, see Note 14 Right-of-use assets and lease liabilities.
Changes in standard warranty reserve | Total movements in standard warranty reserve for the years 2025 and 2024 are as follows:
Year ended December 31 (€, in millions) | 2024 |  | 2025
Balance at beginning of year | 142.3 |  | 158.9
Additions for the year | 210.0 |  | 237.9
Utilization of the reserve | (193.5) |  | (207.9)
Effect of exchange rates | 0.1 |  | (0.4)
Balance at end of year | 158.9 |  | 188.5

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- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482425/460-10-50-8 + Details
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