XML 208 R172.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Details of treasury and other financial risks - Net debt and interest rate sensitivity (Detail) - Interest rate risk [member] - EUR (€) € in Millions | Dec. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Details of treasury and other financial risks [Line Items] |  |  |
Increase in the value of the fixed rate long term debt excluding forward contracts driven by 1% interest decrease | [1],[2],[3] | € (283) | € (274)
Decrease in the value of the fixed rate long term debt excluding forward contracts driven by 1% interest increase | [1],[2],[3] | 284 | 274
Annualized net interest expense driven by 1% interest increase | [2],[4] | € 15 | € 4
[1] | Fixed-rate long-term debt is excluding forward contracts.
[2] | The definition of this non-IFRS measure and a reconciliation to the IFRS measure is included in Equity
[3] | The sensitivity analysis conducted shows that if long-term interest rates were to increase/decrease instantaneously by 1% from their level of December 31, 2023, with all other variables (including foreign exchange rates) held constant.
[4] | The impact is based on the outstanding net floating-rate position as of December 31, 2023.

X
- References No definition available. + Details
Name: | phg_AnnualizedNetInterestExpenseDrivenBy1InterestIncrease
Namespace Prefix: | phg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | phg_DecreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestIncrease
Namespace Prefix: | phg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | phg_DetailsOfTreasuryAndOtherFinancialRisksLineItems
Namespace Prefix: | phg_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | phg_IncreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestDecrease
Namespace Prefix: | phg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |