v3.26.1
Tax matters - Schedule of tax recognized in equity (Details) - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Other comprehensive income      
Items not reclassified to profit or loss € 115 € 85 € 358
Actuarial gains or (-) losses on defined benefit pension plans 63 172 302
Changes in the fair value of equity instruments measured at fair value through other comprehensive income 4 (4) 20
Financial liabilities at fair value with changes in results attributable to changes in credit risk 48 (83) 36
Items that may be reclassified to profit or loss (440) 54 (919)
Cash flow hedges (207) (205) (732)
Changes in the fair value of debt instruments through other comprehensive income (204) 261 (214)
Hedging instruments (items not designated) 3 0 0
Non-current assets held for sale (32) 0 0
Other recognised income and expense of investments in subsidiaries, joint ventures and associates 0 (2) 27
Total € (325) € 139 € (561)