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Accrued and other liabilities (Tables)
 12 Months Ended
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 paid1
536.1
498.6
Personnel-related items
1,599.6
1,734.0
Derivative financial instruments2
113.6
93.0
Lease liabilities3
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