(in millions of euros) | December 31, 2020 | December 31, 2019 |
|---|---|---|
Advances and deposits received | Advances and deposits received December 31, 2020 319 | Advances and deposits received December 31, 2019 336 |
Liabilities to employees | Liabilities to employees December 31, 2020 883 | Liabilities to employees December 31, 2019 665 |
Tax liabilities (excl. income tax) | Tax liabilities (excl. income tax) December 31, 2020 297 | Tax liabilities (excl. income tax) December 31, 2019 348 |
Derivatives hedging current assets or liabilities | Derivatives hedging current assets or liabilities December 31, 2020 14 | Derivatives hedging current assets or liabilities December 31, 2019 12 |
Derivatives hedging Eurobond | Derivatives hedging Eurobond December 31, 2020 - | Derivatives hedging Eurobond December 31, 2019 199 |
Derivatives hedging intercompany loans and borrowings | Derivatives hedging intercompany loans and borrowings December 31, 2020 90 | Derivatives hedging intercompany loans and borrowings December 31, 2019 67 |
Other current liabilities | Other current liabilities December 31, 2020 211 | Other current liabilities December 31, 2019 96 |
Total | Total December 31, 2020 1,814 | Total December 31, 2019 1,723 |
| (in millions of euros) | 2020 | 2019 |
|---|---|---|
Total contract liabilities at January 1 | Total contract liabilities at January 1 2020 353 | Total contract liabilities at January 1 2019 284 |
Amount recognized in revenue over the period | Amount recognized in revenue over the period 2020 (326) | Amount recognized in revenue over the period 2019 (284) |
Amount to be recognized in subsequent periods | Amount to be recognized in subsequent periods 2020 404 | Amount to be recognized in subsequent periods 2019 346 |
Foreign exchange | Foreign exchange 2020 (27) | Foreign exchange 2019 7 |
Total contract liabilities at December 31 | Total contract liabilities at December 31 2020 404 | Total contract liabilities at December 31 2019 353 |
