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Details of treasury and other financial risks - Net debt and interest rate sensitivity (Detail) - Interest rate risk [member] - EUR (€)
€ in Millions
Dec. 31, 2022
Dec. 31, 2021
Details of treasury and other financial risks [Line Items]    
Increase in the value of the fixed rate long term debt excluding forward contracts driven by 1% interest decrease [1],[2],[3] € (274) € (297)
Decrease in the value of the fixed rate long term debt excluding forward contracts driven by 1% interest increase [1],[2],[3] 274 298
Annualized net interest expense driven by 1% interest increase [2],[4] € 4 € 20
[1] Fixed-rate long-term debt is excluding forward contracts.
[2] The definition of this non-IFRS measure and a reconciliation to the IFRS measure is included in Equity
[3] The sensitivity analysis conducted shows that if long-term interest rates were to increase/decrease instantaneously by 1% from their level of December 31, 2022, with all other variables (including foreign exchange rates) held constant.
[4] The impact is based on the outstanding net cash position (after excluding fixed-rate debt) as of December 31, 2022.