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Fair value of financial assets and liabilities (Tables) | 12 Months Ended
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Dec. 31, 2017
Disclosure of fair value of financial assets and liabilities [Abstract] |
Fair value of financial assets and liabilities with hierarchy [Text block] | Philips Group Fair value of financial assets and liabilities in millions of EUR 2017
| carrying amount | estimated fair value | Level 1 | Level 2 | Level 3
Financial assets |  |  |  |  |
Carried at fair value: |  |  |  |  |
Available-for-sale financial assets | 446 | 446 | 49 | 29 | 368
Securities classified as assets held for sale | 1,264 | 1,264 | 1,264 |  |
Fair value through profit and loss | 27 | 27 |  | 23 | 4
Derivative financial instruments | 78 | 78 |  | 78 |
Financial assets carried at fair value | 1,815 | 1,815 | 1,313 | 130 | 372
Carried at (amortized) cost: |  |  |
Cash and cash equivalents | 1,939 |  |  |  |
Loans and receivables |  |  |  |  |
Current loans receivable | 2 |  |  |  |
Other non-current loans and receivables | 114 |  |  |  |
Receivables - current | 3,909 |  |  |  |
Receivables - non-current | 130 |  |  |  |
Held-to-maturity investments | 1 |  |  |  |
Financial assets carried at (amortized) costs | 6,095 |  |  |  |
Total financial assets | 7,909 | 1,815 | 1,313 | 130 | 372
Financial liabilities |  |  |  |  |
Carried at fair value: |  |  |  |
Derivative Financial instruments | ( 383) | ( 383) |  | ( 383) |
Financial liabilities carried at fair value | ( 383) | ( 383) |  | ( 383) |
Carried at (amortized) cost: |  |  |  |
Accounts payable | ( 2,090) |  |  |  |
Interest accrual | ( 38) |  |  |  |
Debt (Corporate bond and finance lease) | ( 3,378) | ( 3,860) | ( 3,579) | ( 281) |
Debt (other bank loans, overdraft, forward contracts etc.) | ( 1,337) |  |  |  |
Financial liabilities carried at (amortized) costs | ( 6,843) | ( 3,860) | ( 3,579) | ( 281) |
Total financial liabilities | ( 7,226) | ( 4,243) | ( 3,579) | ( 665) |
Philips Group Fair value of financial assets and liabilities in millions of EUR 2016
| carrying amount | estimated fair value | Level 1 | Level 2 | Level 3
Carried at fair value: |  |  |  |  |
Available-for-sale financial assets | 172 | 172 | 36 | 29 | 107
Securities classified as assets held for sale | 1 | 1 |  |  | 1
Fair value through profit and loss | 27 | 27 |  | 24 | 3
Derivative financial instruments | 160 | 160 |  | 160 |
Financial assets carried at fair value | 360 | 360 | 36 | 213 | 111
Carried at (amortized) cost: |  |  |  |  |
Cash and cash equivalents | 2,334 |  |  |  |
Loans and receivables |  |  |  |  |
Current loans receivable | 101 | 101 |  | 101 |
Non-current loans and receivables | 134 |  |  |  |
Loans to investment in associates |  |  |  |  |
Loans held for sale |  |  |  |  |
Receivables - current | 5,327 |  |  |  |
Receivables - non-current | 155 |  |  |  |
Held-to-maturity investments | 2 |  |  |  |
Financial assets carried at (amortized) costs | 8,053 | 101 |  | 101 |
Total financial assets | 8,413 | 461 | 36 | 314 | 111
Financial liabilities |  |  |  |  |
Carried at fair value: |  |  |  |  |
Derivative financial instruments | ( 873) | ( 873) |  | ( 873) |
Financial liabilities carried at fair value | ( 873) | ( 873) |  | ( 873) |
Carried at (amortized) cost: |  |  |  |  |
Accounts payable | ( 2,848) |  |  |  |
Interest accrual | ( 68) |  |  |  |
Debt (Corporate bond and finance lease) | ( 5,095) | ( 5,474) | ( 3,990) | ( 1,484) |
Debt (other bank loans, overdraft etc.) | ( 511) |  |  |  |
Financial liabilities carried at (amortized) costs | ( 8,522) | ( 5,474) | ( 3,990) | ( 1,484) |
Total financial liabilities | ( 9,395) | ( 6,347) | ( 3,990) | ( 2,357) |
Reconciliation of the fair value hierarchy [Text block] | Philips Group Reconciliation of the fair value hierarchy in millions of EUR 2017
| financial assets
Balance as of January 1, 2017 | 111
Gains and losses recognized in: |
in profit or loss | 2
in other comprehensive income | ( 83)
Purchase | 356
Sales | ( 10)
Transfer to assets held for sale | ( 4)
Balance as of December 31, 2017 | 372
Financial assets subject to offsetting, enforcable master netting arrangements or similar agreements [Text block] | Philips Group Financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in millions of EUR 2016 - 2017
| 2016 | 2017
Derivatives |  |
Gross amounts of recognized financial assets | 160 | 78
Gross amounts of recognized financial liabilities offset in the balance sheet |  |
Net amounts of financial assets presented in the balance sheet | 160 | 78
Related amounts not offset in the balance sheet |  |
Financial instruments | ( 92) | ( 38)
Cash collateral received |  |
Net amount | 68 | 39
Financial liabilities subject to offsetting, enforcable master netting arrangements or similar agreements [Text block] | Philips Group Financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in millions of EUR 2016 - 2017
| 2016 | 2017
Derivatives |  |
Gross amounts of recognized financial liabilities | ( 873) | ( 383)
Gross amounts of recognized financial assets offset in the balance sheet |  |
Net amounts of financial liabilities presented in the balance sheet | ( 873) | ( 383)
Related amounts not offset in the balance sheet |  |
Financial instruments | 92 | 38
Cash collateral received |  |
Net amount | ( 781) | ( 345)

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