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Long-term debt and current portion of long-term debt (Tables)

12 Months Ended

Dec. 31, 2017

StatementsLineItems [Line Items]

Disclosure of detailed information about long-term and short term debt [text block]

		December 31, 2017												December 31, 2016
(€ million)		Long-term portion				Short-term portion				Total				Long-term portion				Short-term portion				Total
Banks			3,200				801				4,001				4,014				272				4,286
Ordinary bonds			16,520				1,445				17,965				16,044				2,959				19,003
Convertible bonds			387								387				383								383
Other financial institutions			72				40				112				123				48				171
			20,179				2,286				22,465				20,564				3,279				23,843

Disclosure of detailed information about borrowings [text block]

The following table reflects long-term debt and current portion of long-term debt as of December 31, 2017 by maturity:

		At December 31,						Long-term maturity
(€ million)		Maturity range		31.12.2017				2019				2020				2021				2022				After				Total				Current maturity 2018
Banks		2018 – 2032			4,001				1,290				729				341				143				697				3,200				801
Ordinary bonds		2018 – 2043			17,965				2,486				2,371				934				697				10,032				16,520				1,445
Convertible bonds		2022			387																387								387
Other financial institutions		2018 – 2032			112				45				3				3				3				18				72				40
					22,465				3,821				3,103				1,278				1,230				10,747				20,179				2,286

Disclosure of detailed information about currency wise breakdown of long-term debt [text block]

The following table provides a breakdown by currency of long-term debt, its current portion and the related weighted average interest rates.

		December 31, 2017 (€ million)				Average rate (%)				December 31, 2016 (€ million)				Average rate (%)
Euro			20,094				2.4				21,545				2.7
U.S. dollar			1,694				4.8				1,587				5.2
British pound			521				5.3				540				5.3
Japanese yen			156				2.6				171				2.6
			22,465								23,843

Disclosure of detailed information about fair value of long-term debt, including the current portion of long-term debt [text block]

Fair value of long-term debt, including the current portion of long-term debt amounted to €23,764 million (€25,358 million at December 31, 2016):

(€ million)		December 31, 2017				December 31, 2016
Ordinary bonds			19,219				20,501
Convertible bonds			410				435
Banks			4,021				4,244
Other financial institutions			114				178
			23,764				25,358

Disclosure of detailed information of net borrowings [text block]

Eni’s presentation and calculation of net borrowings and leverage may not be comparable to that of other companies.

		December 31, 2017												December 31, 2016
(€ million)		Current				Non- current				Total				Current				Non- current				Total
A. Cash and cash equivalents			7,363								7,363				5,674								5,674
B. Held-for-trading financial assets			6,012								6,012				6,166								6,166
C. Available-for-sale financial assets			207								207				238								238
D. Liquidity (A+B+C)			13,582								13,582				12,078								12,078
E. Financing receivables			209								209				385								385
F. Short-term debt towards banks			201								201				155								155
G. Long-term debt towards banks			801				3,200				4,001				272				4,014				4,286
H. Bonds			1,445				16,907				18,352				2,959				16,427				19,386
I. Short-term debt towards related parties			164								164				191								191
L. Other short-term liabilities			1,877								1,877				3,050								3,050
M. Other long-term liabilities			40				72				112				48				123				171
N. Total borrowings (F+G+H+I+L+M)			4,528				20,179				24,707				6,675				20,564				27,239
O. Net borrowings (N-D-E)			(9,263	)			20,179				10,916				(5,788	)			20,564				14,776

Disclosure of reconciliation of liabilities arising from financing activities [text block]

Changes in gross borrowings were as following:

(€ million)		Long-term debt and current portion of long-term debt				Short-term debt				Total
Carrying amount at December 31, 2016			23,843				3,396				27,239
Cash flows			(1,131	)			(581	)			(1,712	)
Currency translation differences			(236	)			(574	)			(810	)
Other non-monetary changes			(11	)			1				(10	)
Carrying amount at December 31, 2017			22,465				2,242				24,707

Ordinary Bonds [Member]

StatementsLineItems [Line Items]

Disclosure of detailed information about borrowings [text block]

The following table provides a breakdown of ordinary bonds by issuing entity, maturity date, interest rate and currency as of December 31, 2017:

						Discount on bond issue and accrued												Maturity								Rate %
(€ million)		Amount				expense				Total				Currency				from				to				from				to
Issuing entity
Euro Medium Term Notes
Eni SpA			1,500				16				1,516				EUR								2019								4.125
Eni SpA			1,200				17				1,217				EUR								2025								3.750
Eni SpA			1,000				37				1,037				EUR								2020								4.250
Eni SpA			1,000				32				1,032				EUR								2018								3.500
Eni SpA			1,000				27				1,027				EUR								2029								3.625
Eni SpA			1,000				19				1,019				EUR								2020								4.000
Eni SpA			1,000				8				1,008				EUR								2023								3.250
Eni SpA			1,000				7				1,007				EUR								2026								1.500
Eni SpA			900				(6	)			894				EUR								2024								0.625
Eni SpA			800				1				801				EUR								2021								2.625
Eni SpA			800				(2	)			798				EUR								2028								1.625
Eni SpA			750				13				763				EUR								2019								3.750
Eni SpA			750				7				757				EUR								2024								1.750
Eni SpA			750				4				754				EUR								2027								1.500
Eni SpA			700								700				EUR								2022								0.750
Eni SpA			650				(1	)			649				EUR								2025								1.000
Eni SpA			600				(6	)			594				EUR								2028								1.125
Eni Finance International SA			507				15				522				GBP				2018				2021				4.750				6.125
Eni Finance International SA			295				3				298				EUR				2028				2043				3.875				5.441
Eni Finance International SA			155				1				156				YEN				2019				2037				1.955				2.810
Eni Finance International SA			417				(3	)			414				USD								2026								variable
			16,774				189				16,963
Other bonds
Eni SpA			375				3				378				USD								2020								4.150
Eni SpA			292								292				USD								2040								5.700
Eni USA Inc			333				(1	)			332				USD								2027								7.300
			1,000				2				1,002
			17,774				191				17,965

Convertible Bonds [Member]

StatementsLineItems [Line Items]

Disclosure of detailed information about borrowings [text block]

The following table provides a breakdown of convertible bonds issued by Eni SpA as of December 31, 2017:

(€ million)		Amount				Discount on bond issue and accrued expense				Total				Currency				Maturity				Rate %
Issuing entity
Eni SpA			400				(13	)			387				EUR				2022				0.000
			400				(13	)			387