not-included | Pension plans | Post‑employment medical cover | ||||
---|---|---|---|---|---|---|
December 31, 2022 | United States | United Kingdom | Euro zone | Other Country | United States | United Kingdom |
Discount rate | 4.85% | 4.70% - 4.85% | 3.75% | 1% - 7.10% | 4.85% | 4.70% - 4.85% |
Future wage increases | n/a | n/a | 2.75% - 3.20%(1) | 1.50% - 5,00% | 5 % | n/a |
Future pension increases | n/a | 2% - 3.7% | 0% - 2.20%(1) | n/a | n/a | n/a |
The rate of increase in medical expenses used for financial year 2023 is 6% with a gradual decrease to 4%.
not-included | 0.5% increase | ||||
---|---|---|---|---|---|
Pension plans (in millions of euros) | United States | United Kingdom | Euro zone | Other countries | Total |
Change in discount rate Effect on actuarial benefit obligation at year‑end |
(6) | (8) | (6) | (13) | (33) |
Change in the increase rate of salaries Effect on actuarial benefit obligation at year‑end |
- | - | 5 | 5 | 10 |
not-included | 0.5% decrease | ||||
---|---|---|---|---|---|
Pension plans (in millions of euros) | United States | United Kingdom | Euro zone | Other countries | Total |
Change in discount rate Effect on actuarial benefit obligation at year‑end |
7 | 8 | 6 | 8 | 29 |
Change in the increase rate of salaries Effect on actuarial benefit obligation at year‑end |
- | - | (4) | (5) | (9) |
not-included | 0.5% increase | 0.5% decrease | ||||
---|---|---|---|---|---|---|
Post‑employment medical cover (in millions of euros) | United States | United Kingdom | Total | United States | United Kingdom | Total |
Change in discount rate Effect on actuarial benefit obligation at year‑end |
- | - | - | - | - | - |
Change in the increase rate of salaries Effect on actuarial benefit obligation at year‑end |
- | - | - | - | - | - |