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Details of treasury risks (Tables)
 12 Months Ended
Dec. 31, 2017
Disclosure of details of treasury risks [Abstract]  
Contractual cash obligations [Text block]
Philips Group
Contractual cash obligations 1 , 2 )
in millions of EUR
2017

payments due by period

total

less than 1 year

1-3 years

3-5 years

after 5 years

Long-term debt 3 )

4,314

465

1,170

878

1,801

Finance lease obligations

306

93

131

53

29

Short-term debt

120

120

Operating leases

741

172

226

147

196

Derivative liabilities

370

167

109

95

Interest on debt

1,785

132

252

226

1,175

Purchase obligations 4 )

480

145

217

86

31

Trade and other payables

2,090

2,090

Contractual cash obligations

10,205

3,383

2,105

1,389

3,328

1)Obligations in this table are undiscounted
2)This table excludes pension contribution commitments and income tax liabilities in respect of tax risks because it is not possible to make a reasonably reliable estimate of the actual period of cash settlement
3)Long-term debt includes short-term portion of long-term debt and excludes finance lease obligations
4)Purchase obligations are agreements to purchase goods or services that are enforceable and legally binding for the Group. They specify all significant terms, including fixed or minimum quantities to be purchased, fixed, minimum or variable price provisions and the approximate timing of the transaction. They do not include open purchase orders or other commitments which do not specify all significant terms.
Estimated transaction exposure and related hedges [Text block]
Philips Group
Estimated transaction exposure and related hedges
in millions of EUR
2017

Receivables

Payables

exposure

hedges

exposure

hedges

Balance as of December 31, 2017

Exposure currency

USD

1,217

( 857)

( 583)

488

JPY

666

( 369)

( 6)

5

CAD

272

( 153)

( 8)

8

GBP

245

( 147)

( 20)

20

CNY

178

( 98)

( 86)

86

AUD

175

( 100)

CHF

117

( 65)

( 1)

1

PLN

122

( 73)

SEK

73

( 42)

( 1)

1

CZK

45

( 25)

RUB

41

( 41)

( 2)

1

Others

244

( 219)

( 160)

150

Total 2017

3,395

( 2,189)

( 867)

760

Total 2016

4,211

( 2,412)

( 1,764)

1,344

Credit risk with number of counterparties [Text block]
Philips Group
Credit risk with number of counterparties
for deposits above EUR 10 million
2017

10-100 million

100-500 million

AA- rated bank counterparties

2

A+ rated bank counterparties

2

A rated bank counterparties

1

3

A- rated bank counterparties

1

1

8