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Debt (Tables)
 12 Months Ended
Dec. 31, 2018
Debt [Abstract]  
Debt (Tables), Long-term debt [Text Block]

Philips Group

Long-term debt

in millions of EUR unless otherwise stated

2018

amount outstanding in 2018

Current portion

Non-current portion

Between 1 and 5 years

amount due after 5 years

average remaining term (in years)

average rate of interest

USD bonds

1,303

1,303

1,303

18.1

6.3%

EUR bonds

1,988

500

1,488

497

991

5.0

0.7%

Forward contracts

807

618

188

188

0.8

Finance leases

330

94

236

190

46

3.6

2.9%

Bank borrowings

211

211

6

205

6.2

0.3%

Other long-term debt

18

18

-

-

-

1.1

1.6%

Long-term debt

4,657

1,230

3,427

882

2,545

7.9

2.3%

Philips Group

Long-term debt

in millions of EUR unless otherwise stated

2017

amount outstanding in 2017

Current portion

Non-current portion

Between 1 and 5 years

amount due after 5 years

average remaining term (in years)

average rate of interest

USD bonds

2,137

2,137

833

1,305

13.3

5.4%

EUR bonds

997

997

501

496

3.7

0.3%

Forward contracts

970

394

576

576

1.2

Finance leases

281

87

195

170

24

4.8

3.4%

Bank borrowings

190

52

138

138

2.1

1.3%

Other long-term debt

20

19

1

1

-

1.1

0.9%

Long-term debt

4,595

552

4,044

2,218

1,825

7.6

2.8%
Debt (Tables), Unsecured Bonds [Text Block]

Philips Group

Unsecured Bonds

in millions of EUR unless otherwise stated

2017 - 2018

effective rate

2017

2018

Unsecured EUR Bonds

Due 9/06/2023; 1/2%

0.634%

500

500

Due 9/06/2019; 3M Euribor +20bps

500

500

Due 5/02/2024; 3/4%

0.861%

500

Due 5/02/2028; 1 3/8%

1.523%

500

Unsecured USD Bonds

Due 5/15/25; 7 3/4%

7.429%

53

55

Due 6/01/26; 7 1/5%

6.885%

114

119

Due 5/15/25; 7 1/8%

6.794%

70

74

Due 11/03/38; 6 7/8%

7.210%

668

636

Due 3/15/22; 3 3/4% 1

3.906%

837

Due 3/15/42; 5%

5.273%

418

438

Adjustments 2

(26)

(31)

Unsecured Bonds

3,134

3,291

1 In April 2018, Philips completed the early redemption of all the 3.750% USD bonds due 2022 with an aggregate principal amount of USD 1 billion.
2 Adjustments related to both EUR and USD bonds and concern bond discounts and premium, transaction costs and fair value adjustments for interest rate derivatives.
Debt (Tables), Finance lease liabilities [Text Block]

Philips Group

Finance lease liabilities

in millions of EUR

2017 - 2018

2017

2018

future minimum lease payments

interest

present value of minimum lease payments

future minimum lease payments

interest

present value of minimum lease payments

Less than one year

93

6

87

100

6

94

Between one and five years

184

14

170

206

16

190

More than five years

29

4

24

52

6

46

Finance lease

306

24

281

357

28

330

Debt (Tables), Short-term debt [Text Block]

Philips Group

Short-term debt

in millions of EUR

2017 - 2018

2017

2018

Short-term bank borrowings

71

76

Forward contracts

49

88

Other short-term loans

Current portion of long-term debt

552

1,230

Short-term debt

672

1,394