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Equity (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Equity - Outstanding number of shares [Text Block]

Philips Group

Outstanding number of shares

 201820192020
Balance as of January 1926,191,723914,184,087890,973,790
Dividend distributed9,533,2239,079,53818,080,198
Purchase of treasury shares(31,993,879)(40,390,495)(8,669,622)
Re-issuance of treasury shares10,453,0208,100,6604,695,170
Issuance of new shares  48,757
Balance as of December 31914,184,087890,973,790905,128,293
Equity - Employee option and share plan transactions [Text Block]

Philips Group

Employee option and share plan transactions

 201820192020
Shares acquired8,226,1015,497,6755,351,411
Average market priceEUR 32.59EUR 34.25EUR 33.81
Amount paidEUR 268 millionEUR 188 millionEUR 181 million
Shares delivered10,453,0208,100,6604,695,170
Average price (FIFO)EUR 32.66EUR 32.87EUR 34.35
Cost of delivered sharesEUR 341 millionEUR 266 millionEUR 161 million
Total shares in treasury at year-end7,871,4525,268,4675,924,708
Total costEUR 258 millionEUR 180 millionEUR 199 million
Equity - Share capital transactions [Text Block]

Philips Group

Share capital transactions

 201820192020
Shares acquired23,767,77834,892,8203,318,211
Average market priceEUR 32.58EUR 34.29EUR 39.21
Amount paidEUR 774 millionEUR 1,196 millionEUR 130 million
Cancellation of treasury shares (shares)24,246,71138,541,3563,809,675
Cancellation of treasury shares (EUR)EUR 783 millionEUR 1,316 millionEUR 152 million
Total shares in treasury at year-end4,140,000491,464
Total costEUR 141 millionEUR 22 million
Equity - Composition of net debt and group equity [Text Block]

Philips Group

Composition of net debt and group equity1)

in millions of EUR unless otherwise stated

 201820192020
Long-term debt3,4274,9395,705
Short-term debt1,3945081,229
Total debt4,8215,4476,934
Cash and cash equivalents1,6881,4253,226
Net debt1)3,1324,0223,708
Shareholders' equity12,08812,59711,870
Non-controlling interests292831
Group equity12,11712,62511,901
Net debt and group equity ratio1)21:7924:7624:76
1)Non-IFRS financial measure. For the definition and reconciliation of the most directly comparable IFRS measure, refer to Reconciliation of non-IFRS information.
Equity - Adjusted income from continuing operations attributable to shareholders [Text Block]

Philips Group

Adjusted income from continuing operations attributable to shareholders1)

2) in millions of EUR

 20192020
Net income1,1731,195
Discontinued operations, net of income taxes1910
Income from continuing operations1,1921,205
Continuing operations non-controlling interests(5)(8)
Income from continuing operations attributable to shareholders1)2)1,1861,197
Adjustments for:  
Amortization of acquired intangible assets350381
Impairment of goodwill97144
Restructuring costs and acquisition-related charges318203
Other items153301
Net finance expenses3)13(125)
Tax impact of adjusted items(280)(285)
Adjusted Income from continuing operations attributable to shareholders1)2)1,8381,814
1)Non-IFRS financial measure. For the definition and reconciliation of the most directly comparable IFRS measure, refer to Reconciliation of non-IFRS information.2)Shareholders in this table refers to shareholders of Koninklijke Philips N.V.3)The comparative figures have been restated to conform to the revised definitions. Refer to the Reconciliation of non-IFRS information.