Half-Year Financial Report - For the Six Months Ended June 30, 2020

Chapter 2. Consolidated interim financial statements half-year ended june 30, 2020

Actuarial assumptions (weighted average rates)

The provision for pensions was discounted at June 30, 2020. Discount rates are calculated using rates of long-term investment grade corporate bonds (minimum AA rating) with maturities equivalent to the length of the plans assessed. They were determined on the basis of external indices commonly used as a reference.


Pension plans Post-employment medical cover
June 30, 2020 United States United Kingdom Euro zone Other Countries United States United Kingdom
Discount rate

Discount rate

Pension plans

2.30%

Discount rate

Post-employment medical cover

1.50% - 1.55%

0.85% 0.20%  - 5.55% 2.30% 1.50 % - 1.55%

Pension plans Post-employment medical cover
December 31, 2019 United States United Kingdom Euro zone Other Countries United States United Kingdom
Discount rate

Discount rate

Pension plans

2.84%

Discount rate

Post-employment medical cover

1.75%  -  1.85%

0.80% (0.05)%  - 6.30% 2.84% 1.75%  - 1.85%


Note 15 Borrowings and other financial liabilities

(in millions of euros) June 30, 2020 December 31, 2019
Bonds (excl. accrued interest)

Bonds (excl. accrued interest)

June 30, 2020

4,028

Bonds (excl. accrued interest)

December 31, 2019

4,027

Other debt

Other debt

June 30, 2020

2,499

Other debt

December 31, 2019

1,861

Total borrowings and other financial liabilities

Total borrowings and other financial liabilities

June 30, 2020

6,527

Total borrowings and other financial liabilities

December 31, 2019

5,888

Of which short-term

Of which short-term

June 30, 2020

253

Of which short-term

December 31, 2019

1,602

Of which long-term

Of which long-term

June 30, 2020

6,274

Of which long-term

December 31, 2019

4,286