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Post-employment benefits (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Post-employment benefits [Abstract] |
Post-employment benefits (Tables), Post-employment benefits [Text Block] | Philips Group Post-employment benefits in millions of EUR 2018-2019
| United States | Germany | Other Countries | Total
| 2018 | 2019 | 2018 | 2019 | 2018 | 2019 | 2018 | 2019
Present value of funded DBO | (1,616) | (1,738) | (564) | (630) | (208) | (317) | (2,388) | (2,684)
Present value of unfunded DBO | (132) | (148) | (330) | (351) | (149) | (166) | (610) | (666)
Total present value of DBO | (1,747) | (1,886) | (894) | (981) | (357) | (484) | (2,998) | (3,350)
Fair value of plan assets | 1,497 | 1,743 | 493 | 524 | 175 | 259 | 2,164 | 2,526
Net balance sheet position | (251) | (143) | (401) | (457) | (182) | (224) | (834) | (824)
Post-employment benefits (Tables), Pre-tax costs for post-employment benefits [Text Block] | Philips Group Pre-tax costs for post-employment benefits in millions of EUR 2017 - 2019
| 2017 | 2018 | 2019
--- | --- | --- | ---
Defined-benefit plans | 95 | 46 | 56
- included in income from operations | 32 | 23 | 34
- included in financial expense | 37 | 23 | 22
- included in Discontinued operations | 26 |  |
Defined-contribution plans | 397 | 327 | 346
- included in income from operations | 315 | 327 | 346
- included in Discontinued operations | 82 |  |
Post-employment benefits costs | 492 | 374 | 401
Post-employment benefits (Tables), Defined-benefit obligations [Text Block] | Philips Group Defined-benefit obligations in millions of EUR 2018 - 2019
| 2018 | 2019
--- | --- | ---
Balance as of January 1 | 3,109 | 2,998
Service cost | 27 | 36
Interest cost | 85 | 99
Employee contributions | 4 | 12
Actuarial (gains) / losses |  |
– demographic assumptions | 4 | (52)
– financial assumptions | (131) | 304
– experience adjustment | 5 | 29
(Negative) past service cost | (6) | -
Settlements | - | (5)
Benefits paid from plan | (152) | (159)
Benefits paid directly by employer | (42) | (41)
Translation differences and other | 94 | 130
Balance as of December 31 | 2,998 | 3,350
Post-employment benefits (Tables), Plan assets [Text Block] | Philips Group Plan assets in millions of EUR 2018 - 2019
| 2018 | 2019
--- | --- | ---
Balance as of January 1 | 2,137 | 2,164
Interest income on plan assets | 62 | 77
Admin expenses paid | (1) | (1)
Return on plan assets excluding interest income | (129) | 305
Employee contributions | 4 | 12
Employer contributions | 159 | 28
Settlements | (0) | (1)
Benefits paid from plan | (152) | (159)
Translation differences and other | 83 | 103
Balance as of December 31 | 2,164 | 2,526
Post-employment benefits (Tables), Plan assets allocation [Text Block] | Philips Group Plan assets allocation in millions of EUR 2018 - 2019
| 2018 | 2019
--- | --- | ---
Assets quoted in active markets |  |
- Debt securities | 1,294 | 1,476
- Equity securities |  |
- Other | 161 | 209
Assets not quoted in active markets |  |
- Debt securities | 12 | 9
- Equity securities | 368 | 473
- Other | 329 | 359
Total assets | 2,164 | 2,526
Post-employment benefits (Tables), Assumptions used for defined-benefit obligations in the United States, Germany and the rest of the world [Text Block] | Philips Group Assumptions used for defined-benefit obligations in the United States, Germany and the rest of the world in % 2018-2019
| US | Germany | Other | Total
--- | --- | --- | --- | ---
| 2018 | 2019 | 2018 | 2019 | 2018 | 2019 | 2018 | 2019
Discount rate | 4.2% | 3.1% | 1.5% | 0.8% | 2.7% | 2.6% | 3.2% | 2.4%
Inflation rate | 2.3% | 2.0% | 1.8% | 1.8% | 1.6% | 1.9% | 2.1% | 1.9%
Salary increase | 0.0% | 0.0% | 2.5% | 2.5% | 2.6% | 2.8% | 2.4% | 2.6%
Post-employment benefits (Tables), Sensitivity of key assumptions [Text Block] | Philips Group Sensitivity of key assumptions in millions of EUR 2018-2019
| 2018 | 2019
--- | --- | ---
Increase |  |
Discount rate (1% movement) | (298) | (340)
Inflation rate (1% movement) | 97 | 113
Salary increase (1% movement) | 21 | 23
Longevity1) | 65 | 90
Decrease |  |
Discount rate (1% movement) | 367 | 401
Inflation rate (1% movement) | (89) | (107)
Salary increase (1% movement) | (20) | (22)
1)The mortality table (i.e. longevity) also impacts the DBO. The above sensitivity table illustrates the impact on the DBO of a further 10% decrease in the assumed rates of mortality for the company’s major plans. A 10% decrease in assumed mortality rates equals improvement of life expectancy by 0.5 - 1 year.

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