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Purchase Obligations
12 Months Ended
Dec. 31, 2020
Purchase Obligations  
Purchase Obligations

(D.8) Purchase Obligations

€ millions

    

2020

    

2019

Contractual obligations for acquisition of property, plant, and equipment and intangible assets

 

106

 

342

Other purchase obligations

 

3,685

 

2,251

Purchase obligations

 

3,791

 

2,592

The contractual obligations for acquisition of property, plant, and equipment and intangible assets relate primarily to the purchase of hardware, software, patents, office equipment, and vehicles. The remaining obligations relate mainly to marketing, consulting, maintenance, license agreements, cloud services, and other third-party agreements. The increase is mainly due to new purchase obligations related to cloud services. Historically, the majority of such purchase obligations have been realized.

Maturities

€ millions

    

12/31/2020

Purchase Obligations

Due 2021

 

975

Due 2022 to 2025

 

2,371

Due thereafter

 

445

Total

 

3,791