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Consolidated cash flow statement - EUR (€)
€ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from (used in) operating activities [abstract]    
Net profit € 4,016 € 3,882
Taxation 1,550 1,385
Share of net (profit)/loss of joint ventures/associates and other (income)/loss from non-current investments and associates (133) (108)
Net monetary (gain)/loss arising from hyperinflationary economies 157 98
Net finance costs 358 259
Operating profit 5,948 5,516
Depreciation, amortisation and impairment 794 754
Changes in working capital (2,127) (1,331)
Inventories (435) 100
Trade and other receivables (2,159) (1,229)
Trade payables and other liabilities 467 (202)
Pensions and similar obligations less payments 36 (103)
Provisions less payments 35 (122)
Elimination of (profits)/losses on disposals (135) (507)
Non-cash charge for share-based compensation 164 159
Other adjustments (36) 11
Cash flow from operating activities 4,679 4,377
Income tax paid (1,315) (1,011)
Net cash flow from operating activities 3,364 3,366
Cash flows from (used in) investing activities [abstract]    
Interest received 189 139
Purchase of intangible assets (98) (92)
Purchase of property, plant and equipment (617) (478)
Disposal of property, plant and equipment 5 22
Acquisition of businesses and investments in joint ventures and associates (797) (67)
Disposal of businesses, joint ventures and associates 489 419
Acquisition of other non-current investments (108) (202)
Disposal of other non-current investments 47 37
Dividends from joint ventures, associates and other non-current investments 94 98
(Purchase)/sale of financial assets 404 (76)
Net cash flow (used in)/from investing activities (392) (200)
Cash flows from (used in) financing activities [abstract]    
Dividends paid on ordinary share capital (2,136) (2,202)
Interest paid (691) (503)
Net change in short-term borrowings 850 158
Additional financial liabilities 3,016 3,511
Repayment of financial liabilities (2,297) (2,242)
Capital element of lease rental payments (191) (197)
Repurchase of shares (375) (753)
Other financing activities (330) (261)
Net cash flow (used in)/from financing activities (2,154) (2,489)
Net increase/(decrease) in cash and cash equivalents 818 677
Cash and cash equivalents at the beginning of the period 4,045 4,225
Effect of foreign exchange rate changes (9) (32)
Cash and cash equivalents at the end of the period € 4,854 € 4,870