Provisions for employee benefits (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure of defined benefit plans [text block]

(€ million)	December 31, 2018		December 31, 2017
Italian defined benefit plans		275		284
Foreign defined benefit plans		385		409
FISDE, foreign medical plans and other		148		135
Defined benefit plans		808		828
Other benefit plans		309		194
Provision for employee benefits		1,117		1,022

Disclosure of net defined benefit liability (asset) [text block]

Present value of employee benefits, estimated by applying actuarial techniques, consisted of the following:

	December 31, 2018																		December 31, 2017
							FISDE,																		FISDE
							foreign																		foreign
	Italian			Foreign			medical												Italian			Foreign			medical
	defined			defined			plans			Defined			Other						defined			defined			plans			Defined			Other
	benefit			benefit			and			benefit			benefit						benefit			benefit			and			benefit			benefit
(€ million)	plans			plans			other			plans			plans			Total			plans			plans			other			plans			plans			Total
Present value of benefit liabilities at beginning of year		284			997			135			1,416			194			1,610			298			895			136			1,329			158			1,487
Current cost					27			2			29			42			71						24			2			26			54			80
Interest cost		4			31			2			37			1			38			3			29			2			34			1			35
Remeasurements:		1			(25	)		13			(11	)		30			19			(6	)		54			(1	)		47			3			50
- actuarial (gains) losses due to changes in demographic assumptions																							(14	)					(14	)					(14	)
- actuarial (gains) losses due to changes in financial assumptions					(31	)		1			(30	)		29			(1	)		(5	)		71						66			3			69
- experience (gains) losses		1			6			12			19			1			20			(1	)		(3	)		(1	)		(5	)					(5	)
Past service cost and (gains) losses settlements					2			1			3			115			118						(1	)		2			1			28			29
Plan contributions:																							1						1						1
- employee contributions					1						1						1						1						1						1
Benefits paid		(15	)		(35	)		(9	)		(59	)		(74	)		(133	)		(10	)		(37	)		(6	)		(53	)		(36	)		(89	)
Reclassification to asset held for sale					(8	)					(8	)					(8	)					(12	)					(12	)		(2	)		(14	)
Changes in the scope of consolidation					(90	)					(90	)		(2	)		(92	)		(1	)		(15	)		(1	)		(17	)		(3	)		(20	)
Currency translation differences and other changes		1			26			4			31			3			34						59			1			60			(9	)		51
Present value of benefit liabilities at end of year (a)		275			925			148			1,348			309			1,657			284			997			135			1,416			194			1,610
Plan assets at beginning of year					588						588						588						619						619						619
Interest income					17						17						17						20						20						20
Return on plan assets					(21	)					(21	)					(21	)					12						12						12
Plan contributions:					25						25						25						24						24						24
- employee contributions					1						1						1						1						1						1
- employer contributions					24						24						24						23						23						23
Benefits paid					(26	)					(26	)					(26	)					(25	)					(25	)					(25	)
Changes in the scope of
consolidation					(64	)					(64	)					(64	)					(15	)					(15	)					(15	)
Currency translation differences and other changes					26						26						26						(47	)					(47	)					(47	)
Plan assets at end of year (b)					545						545						545						588						588						588
Asset ceiling at beginning of year
Change in asset ceiling					5						5						5
Asset ceiling at end of year (c)					5						5						5
Net liability recognized at end of year
(a-b+c)		275			385			148			808			309			1,117			284			409			135			828			194			1,022

Disclosure of detailed information about employee benefits costs charged to profit and loss account and other comprehensive income [text block]

Costs charged to the profit and loss account consisted of the following:

(€ million)	Italian defined benefit plans		Foreign defined benefit plans			FISDE, foreign medical plans and other		Defined benefit plans			Other benefit plans		Total
2018
Current cost				27			2		29			42		71
Past service cost and (gains) losses on settlements				2			1		3			115		118
Interest cost (income), net:
- interest cost on liabilities		4		31			2		37			1		38
- interest income on plan assets				(17	)				(17	)				(17	)
Total interest cost (income), net		4		14			2		20			1		21
- of which recognized in “Payroll and related cost”												1		1
- of which recognized in “Financial income (expense)”		4		14			2		20					20
Remeasurements for long-term plans												30		30
Total		4		43			5		52			188		240
- of which recognized in “Payroll and related cost”				29			3		32			188		220
- of which recognized in “Financial income (expense)”		4		14			2		20					20
2017
Current cost				24			2		26			54		80
Past service cost and (gains) losses on settlements				(1	)		2		1			28		29
Interest cost (income), net:
- interest cost on liabilities		3		29			2		34			1		35
- interest income on plan assets				(20	)				(20	)				(20	)
Total interest cost (income), net		3		9			2		14			1		15
- of which recognized in “Payroll and related cost”												1		1
- of which recognized in “Financial income (expense)”		3		9			2		14					14
Remeasurements for long-term plans												3		3
Total		3		32			6		41			86		127
- of which recognized in “Payroll and related cost”				23			4		27			86		113
- of which recognized in “Financial income (expense)”		3		9			2		14					14

Costs of defined benefit plans recognized in other comprehensive income consisted of the following:

	2018										2017
(€ million)	Italian defined benefit plans		Foreign defined benefit plans			FISDE, foreign medical plans and other		Total			Italian defined benefit plans			Foreign defined benefit plans			FISDE, foreign medical plans and other			Total
Remeasurements
Actuarial (gains)/losses due to changes in demographic assumptions															(14	)					(14	)
Actuarial (gains)/losses due to changes in financial assumptions				(31	)		1		(30	)		(5	)		71						66
Experience (gains) losses		1		6			12		19			(1	)		(3	)		(1	)		(5	)
Return on plan assets				21					21						(12	)					(12	)
Change in asset ceiling				5					5
		1		1			13		15			(6	)		42			(1	)		35

Disclosure of fair value of plan assets [text block]

Plan assets consisted of the following:

(€ million)	Cash and cash equivalents		Equity securities		Debt securities		Real estate		Derivatives		Investment funds		Assets held by insurance company		Other		Total
December 31, 2018
Plan assets with a quoted market price
Plan assets without a quoted market price
December 31, 2017
Plan assets with a quoted market price		16		48		329		10		9		60		13		100		585
Plan assets without a quoted market price														3				3
		16		48		329		10		9		60		16		100		588

Disclosure of information about maturity profile of defined benefit obligation [text block]

The following is an analysis by maturity date of the liabilities for employee benefit plans and their relative weighted average duration:

(€ million)	Italian defined benefit plans		Foreign defined benefit plans		FISDE, foreign medical plans and other		Other benefit plans
December 31 , 2018
2019		15		54		9		81
2020		16		56		7		72
2021		18		63		6		67
2022		14		64		6		20
2023		11		74		6		17
2024 and thereafter		201		74		114		57
Weighted average duration (years)		10.1		17.4		12.8		2.6
December 31, 2017
2018		16		47		7		64
2019		17		65		7		58
2020		18		70		6		45
2021		17		79		6		7
2022		14		84		6		5
2023 and thereafter		202		64		103		25
Weighted average duration (years)		10.1		17.5		12.8		2.8

Disclosure Of Detailed Information About Geographical Area Related To Main Actuarial Assumptions Used In Valuation Of Principal Foreign Defined Benefit Plans Table Text Block [Text Block]

The following is an analysis by geographical area related to the main actuarial assumptions used in the valuation of the principal foreign defined benefit plans:

		Euro area		Rest of Europe		Africa		Other areas		Foreign defined benefit plans
2018
Discount rate	(%)		1.5-1.9		0.8-2.9		3.7-18.0		8.0-13.3		0.8-18.0
Rate of compensation increase	(%)		1.5-3.0		2.5-3.8		5.0-16.5		10.0-13.3		1.5-16.5
Rate of price inflation	(%)		1.5-2.0		0.8-3.3		3.7-16.0		3.5-5.0		0.8-16.0
Life expectations on retirement at age 65	(years)		21-22		23-25		13-17				13-25
2017
Discount rate	(%)		1.5-1.8		0.6-2.5		3.7-15.5		4.1-8.0		0.6-15.5
Rate of compensation increase	(%)		1.5-3.0		2.5-3.7		5.0-13.5		1.5-10.0		1.5-13.5
Rate of price inflation	(%)		1.5-1.9		0.6-3.4		3.7-14.8		1.5-4.8		0.6-14.8
Life expectations on retirement at age 65	(years)		21-24		22-24		13-17				13-24