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Payables and Other Current Liabilities (Tables)
12 Months Ended
Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]  
Schedule of Composition of Payables and Other Current Liabilities The composition of “Payables and other current liabilities” at December 31, 2022 and December 31, 2021 is as follows:
Millions of euros12/31/202212/31/2021
Payables12,018 11,872 
Trade payables7,545 6,982 
Payables to suppliers of property, plant and equipment2,841 2,752 
Payables for spectrum acquisition248 569 
Other payables1,088 997 
Dividends pending payment203 228 
Payables to associates and joint ventures (Note 10)93 344 
Other current liabilities1,491 1,338 
Contract liabilities (Note 23)1,038 958 
Deferred revenue 102 115 
Advances received350 265 
Other liabilities to associates and joint ventures (Note 10)— 
Total13,509 13,210 
Schedule Of Current Portion Of Long Term Debt
"Current debt for spectrum acquisition" as of December 31, 2022 and December 31, 2021, is detailed below:
Millions of euros12/31/202212/31/2021
Telefónica Germany107 107 
Telefónica Colombia 17 
Telefónica Brazil117 434 
Telefónica Spain
Others— 16 
Total248 569 
Schedule of Current Other Payables The composition of current "Other payables" at December 31, 2022 and December 31, 2021 is as follows:
Millions of euros12/31/202212/31/2021
Accrued employee benefits608 516 
Other non-financial non-trade payables480 481 
Total
1,088 997 
Schedule of Average Payment Period to Suppliers
In accordance with the aforementioned Law 15/2010, the following information corresponding to the Spanish companies of the Telefónica Group is disclosed:
 20222021
Number of days
Weighted average maturity period5354
Ratio of payments5556
Ratio of outstanding invoices4242
Millions of euros
Total payments8,362 7,671 
Outstanding invoices1,251 1,264
Schedule of Changes in Provision Law 18/2022
On October 19, 2022, Law 18/2022, of September 28, on the creation and growth of companies, came into force, which modifies the third additional provision of Law 15/2010. The new standard establishes the obligation to publish in annual accounts, in addition to the information already required, the monetary volume and number of invoices paid in a period less than the maximum established in the late payment regulations, and the percentage they represent of the total number of invoices and on the total monetary payments to your suppliers. This information for the 2022 financial year is shown below:
 2022
Monetary volume of invoices paid in a period less than the maximum established in the regulations (millions of euros)4,899
Percentage of total payments59 %
Number of invoices paid in a period less than the maximum established in the regulations157,523
Percentage of the total number of invoices paid54 %