Income-Related Government Grants

12 Months Ended

Dec. 31, 2023

Income-Related Government Grants

Income-Related Government Grants

(D.9)Income-Related Government Grants

y Recognition of Income-Related Government Grants

We recognize Income-Related Government Grants as a reduction of the related expense in the period in which the expense is incurred.

At the end of 2023, we received a grant from the German government to fund research and development expenditures related to cloud infrastructure. The grant will provide reimbursements of up to €329 million for qualifying expenditures through 2026. No material amounts were recognized or reimbursed in 2023.