Changes in accounting policies (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure Of Changes In Accounting Policies [Abstract]

Disclosure And Detailed Information About Initial Effects And Adjustment On Financial Position Table [Text Block]

The breakdown of the abovementioned quantitative effects and reclassifications

, deriving from the initial application,

as of January 1,

2018

, of IFRS 9 and IFRS 15, is as follows:

(€ million)
Selected line items only	December 31, 2017		Adoption of IFRS 9			Adoption of IFRS 15			Reclassifications			Total effect of the first application			As restated January 1, 2018
Current assets		36,433		(427	)		(372	)					(799	)		35,634
- of which: Financial assets held for trading		6,012								207			207			6,219
- of which: Financial assets available for sale		207								(207	)		(207	)
- of which: Other current financial assets		316														316
- of which: Trade and other receivables		15,421		(427	)		(372	)		(466	)		(1,265	)		14,156
- of which: Other current assets		1,573								466			466			2,039
Non-current assets		78,172		721			247						968			79,140
- of which: Intangible assets		2,925					87						87			3,012
- of which: Equity-accounted investments		3,511		(31	)		(6	)					(37	)		3,474
- of which: Other investments		219		681									681			900
- of which: Deferred tax assets		4,078		71			166						237			4,315
Current liabilities		24,735					(113	)					(113	)		24,622
- of which: Trade and other payables		16,748					(113	)		(1,330	)		(1,443	)		15,305
- of which: Other current liabilities		1,515								1,330			1,330			2,845
Non-current liabilities		42,027					37						37			42,064
- of which: Deferred tax liabilities		5,900					37						37			5,937
Shareholders’ equity		48,079		294			(49	)					245			48,324

Disclosure Of Detailed Information of Reclassification Of Financial Assets In Accordance With IFRS 9 [Table Text Block]

For each kind of financial assets adjusted/reclassified upon the initial application of IFRS 9, the table below provides for the following information: (i) the original measurement category determined in accordance with IAS 39; (ii) the new measurement category determined in accordance with IFRS 9; (iii) the carrying amounts determined in accordance with IAS 39, recognised as of December 31, 2017, and the carrying amounts determined in accordance with IFRS 9 as of January 1, 2018:

			Carrying											Carrying
	Classification	Classification	amount								Other			amount
(€ million)	under IAS 39	under IFRS 9	under IAS 39		Adjustments			Reclassifications			changes (*)			under IFRS 9
Financial assets
Financial assets held for trading	Held for trading	FVTPL		6,012					207						6,219
Financial assets available for sale	Available-for-sale	FVTPL		207					(207	)
Trade and other receivables(**)	Financing receivables	Amortized cost		15,421		(427	)					(838	)		14,156
Other investments	Cost	FVTOCI		219		681									900
Total				21,859		254						(838	)		21,275

(*)

Other changes result from the effects related to a different classification under IFRS 15 of receivables for underlifting which have been reclassified as other assets in application of the sales method

(**)

Compared to the values presented in the balance sheet at December 31, 2017, the item no longer includes financial receivables, which have been reclassified under the new item “Other current financial assets”