The breakdown of the balance under this heading in the condensed consolidated balance sheets, based on type of provisions, is as follows:


PROVISIONS. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)

	Notes	June 2026	December 2025
Provisions for pensions and similar obligations		2,096	2,267
Other long term employee benefits		404	332
Provisions for taxes and other legal contingencies	6.1	764	805
Provisions for commitments and guarantees given	30	774	725
Other provisions ⁽¹⁾		305	293
Total		4,343	4,422

The financial sector faces an environment of increased regulatory pressure and litigation. In this environment, the various Group entities are often sued on lawsuits and are therefore involved in individual or collective legal proceedings and litigation arising from their activity and operations, including proceedings arising from their lending activity, from their labor relations and from other commercial, regulatory or tax issues, as well as in arbitration.

On the basis of the information available, the Group considers that, at June 30, 2026, the provisions made in relation to judicial proceedings and arbitration, where so required, are adequate and reasonably cover the liabilities that might arise, if any, from such proceedings. Furthermore, on the basis of the information available and with the exceptions indicated in Note 6.1 "Risk factors", BBVA considers that the liabilities that may arise from such proceedings will not have, individually, a significant adverse effect on the Group's business, financial situation or results of operations.