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Consolidated balance sheets - EUR (€)
€ in Millions
Dec. 31, 2023
Dec. 31, 2022
Consolidated balance sheets [Abstract]    
Property, plant and equipment € 2,483 € 2,638
Goodwill 9,876 10,238
Intangible assets excluding goodwill 3,190 3,526
Non-current receivables 193 279
Investments in associates 381 537
Other non-current financial assets 619 660
Non-current derivative financial assets 3 4
Deferred tax assets 2,627 2,449
Other non-current assets 93 98
Total non-current assets 19,466 20,429
Inventories 3,491 4,049
Other current financial assets 3 11
Other current assets 500 490
Current derivative financial assets 45 123
Income tax receivable 220 222
Current receivables 3,733 4,115
Assets classified as held for sale 79 77
Cash and cash equivalents 1,869 1,172
Total current assets 9,940 10,259
Total assets 29,406 30,688
Shareholders' equity 12,028 13,249
Equity - Common shares 183 178
Equity - Capital in excess of par value 5,827 5,025
Equity - Reserves 879 1,488
Equity - Other 5,139 6,558
Non-controlling interests 33 34
Group equity 12,061 13,283
Long-term debt 7,035 7,270
Non-current derivative financial liabilities 3 4
Long-term provisions 1,035 1,097
Deferred tax liabilities 71 91
Non-current contract liabilities 469 515
Non-current tax liabilities 390 435
Other non-current liabilities 54 60
Total non-current liabilities 9,058 9,471
Short-term debt 654 931
Current derivative financial liabilities 40 207
Income tax payable 83 40
Accounts payable 1,917 [1],[2] 1,968
Accrued liabilities 1,887 1,626
Current contract liabilities 1,809 1,696
Short-term provisions 1,463 1,018
Dividend payable 11 0
Liabilities directly associated with assets held for sale 9 0
Other current liabilities 414 448
Total current liabilities 8,287 7,934
Total liabilities and group equity € 29,406 € 30,688
[1] Amounts in this table are undiscounted
[2] 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.