Other non-current assets comprise: | | | | | | | | | | (€ million) | June 30, 2026 | December 31, 2025 | | Equity instruments at fair value through other comprehensive income | 2,435 | | 2,200 | | | Debt instruments at fair value through other comprehensive income | 363 | | 389 | | | Other financial assets at fair value through profit or loss | 1,099 | | 1,004 | | | Pre-funded pension obligations | 203 | | 194 | | | Long-term prepaid expenses | 185 | | 175 | | | Long-term loans and advances and other non-current receivables | 421 | | 393 | | | Derivative financial instruments | 26 | | 9 | | | Total | 4,732 | | 4,364 | |
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