v3.26.1
Financial Instruments - Summary of Comparison by category of carrying amounts and fair values of all the Group's financial instruments (Detail) - EUR (€)
€ in Millions
Dec. 31, 2025
Dec. 31, 2024
Disclosure of detailed information about financial instruments [abstract]    
Cash and cash equivalents– Level 2, Carried at fair value € 1,075 € 3,521
Other financial assets – Level 2, Carried at fair value 2 1
Other financial assets – Level 3, Carried at fair value 127 33
Total assets, at fair value, Carried at fair value 1,204 3,555
Derivatives: Cross-currency swap – Level 2, Carried at fair value 9  
Total liabilities, Carried at fair value 758 0
Financial receivables, Carried at amortised cost 828 726
Other financial assets – Level 3, Carried at amortised cost 15  
Total assets, Carried at amortised cost 843 726
Borrowings – Level 1, Carried at amortised cost 5,090 4,127
Borrowings – Level 2, Carried at amortised cost 1,215 393
Borrowings, Carried at amortised cost [1] 6,305 4,520
Lease liabilities, Carried at amortised cost 635 51
Fixed asset suppliers, Carried at amortised cost [2] 443 610
Other long-term liabilities, Carried at amortised cost 35 55
Contingent value rights – Level 3, Carried at fair value 749 0
Contingent value rights – Level 3, Carried at amortised cost 0 0
Financial liabilities, Carried at amortised cost 973 663
Total liabilities, Carried at amortised cost € 8,391 € 5,899
[1] Fair value of the borrowings in 2025 is EUR 4,137 million (2024: EUR 4,137 million)
[2] Fair value of the fixed asset suppliers in 2025 is EUR 592 million (2024: EUR 592 million)