v3.26.1
Consolidated Statements of Recognised Income and Expense - EUR (€)
€ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of comprehensive income [abstract]      
CONSOLIDATED PROFIT/(LOSS) FOR THE YEAR € 15,500 € 13,744 € 12,183
OTHER RECOGNISED INCOME AND EXPENSE (1,858) (2,339) 614
Items that will not be reclassified to profit or loss 100 219 (964)
Actuarial gains and losses on defined benefit pension plans (73) (584) (1,038)
Non-current assets held for sale 10 0 0
Other recognised income and expense of investments in subsidiaries, joint ventures and associates 1 (3) (5)
Changes in the fair value of equity instruments measured at fair value through other comprehensive income 245 447 (162)
Gains or losses resulting from the accounting for hedges of equity instruments measured at fair value through other comprehensive income, net 0 0 0
Changes in the fair value of equity instruments measured at fair value through other comprehensive income (hedged item) (76) 20 (29)
Changes in the fair value of equity instruments measured at fair value through other comprehensive income (hedging instrument) 76 (20) 29
Changes in the fair value of financial liabilities at fair value through profit or loss attributable to changes in credit risk (160) 277 (120)
Income tax relating to items that will not be reclassified 77 82 361
Items that may be reclassified to profit or loss (1,958) (2,558) 1,578
Hedges of net investments in foreign operations (effective portion) 195 420 (1,888)
Revaluation gains (losses) 195 420 (1,888)
Amounts transferred to income statement 0 0 0
Other reclassifications 0 0 0
Exchanges differences (3,399) (3,047) 1,017
Revaluation gains (losses) (3,399) (3,047) 1,009
Amounts transferred to income statement 0 0 8
Other reclassifications 0 0 0
Cash flow hedges (effective portion) 867 558 2,592
Revaluation gains (losses) 158 (698) (30)
Amounts transferred to income statement 709 1,256 2,622
Transferred to initial carrying amount of hedged items 0 0 0
Other reclassifications 0 0 0
Hedging instruments (items not designated) (14) 0 0
Revaluation gains (losses) (1) 0 0
Amounts transferred to income statement (13) 0 0
Other reclassifications 0 0 0
Debt instruments at fair value with changes in other comprehensive income 613 (493) 858
Revaluation gains (losses) 715 (447) 852
Amounts transferred to income statement (102) (46) 6
Other reclassifications 0 0 0
Non-current assets held for sale 274 0 0
Revaluation gains (losses) 267 0 0
Amounts transferred to income statement 7 0 0
Other reclassifications 0 0 0
Share of other recognised income and expense of investments 20 (108) 19
Income tax relating to items that may be reclassified to profit or loss (514) 112 (1,020)
Total recognised income and expenses for the year 13,642 11,405 12,797
Attributable to non-controlling interests 1,452 709 1,401
Attributable to the parent € 12,190 € 10,696 € 11,396