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Finance income (expense) - Analysis of finance income (expense) (Details) - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Finance income (expense) related to net borrowings      
Interest and other finance expense on ordinary bonds € (667) € (507) € (475)
Net finance income (expense) on financial assets held for trading 250 (53) 11
Net expenses on other financial assets valued at fair value with effects on profit and loss 34 (2)  
Interest and other expense due to banks and other financial institutions (207) (128) (94)
Interest on lease liabilities (267) (315) (304)
Interest from banks 356 57 4
Interest and other income on financial receivables and securities held for non-operating purposes 14 9 9
Finance income (expense) related to net borrowings (487) (939) (849)
Exchange differences 255 238 476
Income (expense) from derivative financial instruments (61) 13 (306)
Other finance income (expense)      
Interest and other income on financing receivables and securities held for operating purposes 153 128 67
Capitalized finance expense 94 38 68
Finance expense due to the passage of time (accretion discount) (341) (199) (144)
Other finance income (expense) (86) (204) (100)
Other finance income (cost) (180) (237) (109)
Finance income (expense) € (473) € (925) € (788)