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Finance debt - Short and long term debt (Details) - EUR (€) € in Millions | Dec. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Borrowings |  |
Short-term debt | € 4,092 | € 4,446
Current portion of long-term debt | 2,921 | 3,097
Long-term debt | 21,716 | 19,374
Total borrowings | 28,729 | 26,917
Banks |  |
Borrowings |  |
Short-term debt | 2,810 | 3,645
Current portion of long-term debt | 600 | 851
Long-term debt | 1,116 | 1,999
Total borrowings | 4,526 | 6,495
Ordinary bonds |  |
Borrowings |  |
Current portion of long-term debt | 1,956 | 2,142
Long-term debt | 19,535 | 17,368
Total borrowings | 21,491 | 19,510
Sustainability-linked convertible bonds [member] |  |
Borrowings |  |
Current portion of long-term debt | 9 |
Long-term debt | 917 |
Total borrowings | 926 |
Other financial institutions |  |
Borrowings |  |
Short-term debt | 1,282 | 801
Current portion of long-term debt | 356 | 104
Long-term debt | 148 | 7
Total borrowings | € 1,786 | € 912

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- Definition The current portion of non-current borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_55&doctype=Standard -URIDate 2023-03-23 + Details
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