XML 222 R177.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair value of financial assets and liabilities - Fair value of financial assets and liabilities (Detail) - EUR (€)
€ in Millions
Dec. 31, 2018
Jan. 01, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets, at fair value, total € 817        
Investments in equity instruments designated at fair value through other comprehensive income [1] 435        
Total financial assets at fair value through other comprehensive income 664        
Derivative financial assets 36   € 78    
Cash and cash equivalents [2] 1,688   1,939 € 2,334 € 1,766
Current loans and receivables 2   2    
Non-current loans and receivables 46   114    
Trade and other current receivables 4,035 € 3,911 3,909    
Trade and other non-current receivables 162   130    
Financial assets at amortised cost, total 5,902   6,095    
Total financial assets 6,718   7,909    
Contingent Consideration 409   66    
Financial Liabilities Carried At FV through P&L 409        
Derivative financial liabilities 290   383    
Financial liabilities at fair value through profit or loss 699   449    
Trade and other current payables 2,303 [3],[4]   2,090    
Interest payable 36   38    
Debt (Corporate bond and finance lease) 3,621   3,378    
Debt (Bank loans, overdrafts etc.) 1,200   1,337    
Financial liabilities at amortised cost, total 7,159   6,843    
Total financial liabilities 7,858   7,292    
Non-current financial assets available-for-sale     446    
Securities classified as assets held for sale     1,264    
Financial assets at fair value through profit or loss, designated upon initial recognition or subsequently     27    
Held-to-maturity investments     1    
Financial assets at amortised cost, category [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Trade and other current receivables 4,004   3,909    
Trade receivables [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income 32        
At fair value [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets, at fair value, total 116 [5]   1,815 [6]    
Derivative financial assets 36 [5]   78 [6]    
Derivative financial liabilities 290 [5]   383 [6]    
Financial liabilities, at fair value, total 699 [5]   449 [6]    
Debt (Corporate bond and finance lease) 3,906 [5]   3,860 [6]    
Non-current financial assets available-for-sale [6]     446    
Securities classified as assets held for sale [6]     1,264    
Financial assets at fair value through profit or loss, designated upon initial recognition or subsequently [6]     27    
At fair value [member] | Trade receivables [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income [5] 32        
Level 1 of fair value hierarchy [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets, at fair value, total 20   1,313    
Debt (Corporate bond and finance lease) 3,576   3,579    
Non-current financial assets available-for-sale     49    
Securities classified as assets held for sale     1,264    
Level 2 of fair value hierarchy [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets, at fair value, total 22   130    
Derivative financial assets 36   78    
Derivative financial liabilities 290   383    
Financial liabilities, at fair value, total 290   383    
Debt (Corporate bond and finance lease) 330   281    
Non-current financial assets available-for-sale     29    
Financial assets at fair value through profit or loss, designated upon initial recognition or subsequently     23    
Level 3 of fair value hierarchy [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets, at fair value, total 74   372    
Total financial assets   420      
Financial liabilities, at fair value, total 409   66    
Total financial liabilities 409 € 66 66    
Non-current financial assets available-for-sale     368    
Financial assets at fair value through profit or loss, designated upon initial recognition or subsequently     4    
Level 3 of fair value hierarchy [member] | Trade receivables [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income 32        
Debt securities [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Total financial assets at fair value through profit or loss 116   € 1,815    
Financial assets measured at fair value through other comprehensive income 26        
Debt securities [member] | At fair value [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income [5] 26        
Debt securities [member] | Level 2 of fair value hierarchy [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income 26        
Debt securities [member] | Level 3 of fair value hierarchy [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income 0        
Other equity securities [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Total financial assets at fair value through profit or loss [5] 20        
Other equity securities [member] | At fair value [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income [5] 172        
Other equity securities [member] | Carrying amount [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income 172        
Other equity securities [member] | Level 1 of fair value hierarchy [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income 22        
Other equity securities [member] | Level 2 of fair value hierarchy [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income 1        
Other equity securities [member] | Level 3 of fair value hierarchy [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Financial assets measured at fair value through other comprehensive income 149        
Other Financial Assets [member]          
Fair value of financial assets and liabilities - Text Details (Detail) [Line Items]          
Total financial assets at fair value through profit or loss € 27        
[1] The majority of the balance reflects the remaining stake in Signify (formerly Philips Lighting), which relates to equity instruments.
[2] The accompanying notes are an integral part of these consolidated financial statements. For a number of reasons, principally the effects of translation differences and consolidation changes, certain items in the statements of cash flows do not correspond to the differences between the balance sheet amounts for the respective items
[3] Amounts in this table are undiscounted
[4] This table excludes post-employment benefit plan 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
[5] For Cash and cash equivalents, Loans and receivables, Accounts payable, interest accrual and Debt (excluding corporate bonds and finance leases), the carrying amounts approximate fair value because of the short maturity and the nature of these instruments, and therefore fair value information is not included in the table above.
[6] For Cash and cash equivalents, Loans and receivables, Accounts payable, interest accrual and Debt (excluding corporate bonds and finance leases), the carrying amounts approximate fair value because of the short maturity and the nature of these instruments, and therefore fair value information is not included in the table above.