Universal Registration Document 2025

Note 26 Trade payables, other current financial liabilities, other creditors and current liabilities

6.6 Notes to the consolidated financial statements

Note 26 Trade payables, other current financial liabilities, other creditors and current liabilities

Note 26 Trade payables, other current financial liabilities, other creditors and current liabilities

Trade payables, other current financial liabilities, other creditors and current liabilities
(in millions of euros) December 31, 2025 December 31, 2024
Trade payables

Trade payables

December 31, 2025

19,866

Trade payables

December 31, 2024

19,375

Advances and deposits received

Advances and deposits received

December 31, 2025

382

Advances and deposits received

December 31, 2024

443

Employee-related liabilities

Employee-related liabilities

December 31, 2025

1,152

Employee-related liabilities

December 31, 2024

1,164

Tax liabilities (excl. income tax)

Tax liabilities (excl. income tax)

December 31, 2025

388

Tax liabilities (excl. income tax)

December 31, 2024

382

Total other creditors and current liabilities

Total other creditors and current liabilities

December 31, 2025

1,922

Total other creditors and current liabilities

December 31, 2024

1,989

Derivatives hedging current assets or liabilities

Derivatives hedging current assets or liabilities

December 31, 2025

0

Derivatives hedging current assets or liabilities

December 31, 2024

2

Derivatives hedging Eurobond

Derivatives hedging Eurobond

December 31, 2025

7

Derivatives hedging Eurobond

December 31, 2024

209

Derivatives hedging intercompany loans and borrowings

Derivatives hedging intercompany loans and borrowings

December 31, 2025

27

Derivatives hedging intercompany loans and borrowings

December 31, 2024

0

Other current financial liabilities, excluding derivatives

Other current financial liabilities, excluding derivatives

December 31, 2025

123

Other current financial liabilities, excluding derivatives

December 31, 2024

99

Other current financial liabilities

Other current financial liabilities

December 31, 2025

157

Other current financial liabilities

December 31, 2024

310

Note 27 Contract assets and liabilities

Contract assets and liabilities
(in millions of euros) 2025 2024
Total contract assets at January 1

Total contract assets at January 1

2025

1,445

Total contract assets at January 1

2024

1,297

Amount transferred to trade receivables over the period

Amount transferred to trade receivables over the period

2025

(1,346)

Amount transferred to trade receivables over the period

2024

(1,316)

Amount to be transferred to trade receivables in subsequent periods

Amount to be transferred to trade receivables in subsequent periods

2025

1,580

Amount to be transferred to trade receivables in subsequent periods

2024

1,445

Change in scope

Change in scope

2025

18

Change in scope

2024

6

Foreign exchange and others

Foreign exchange and others

2025

(117)

Foreign exchange and others

2024

12

Total contract assets at December 31

Total contract assets at December 31

2025

1,580

Total contract assets at December 31

2024

1,445

Contract assets and liabilities
(in millions of euros) 2025 2024
Total contract liabilities at January 1

Total contract liabilities at January 1

2025

604

Total contract liabilities at January 1

2024

513

Amount recognized in revenue over the period

Amount recognized in revenue over the period

2025

(636)

Amount recognized in revenue over the period

2024

(507)

Amount to be recognized in subsequent periods

Amount to be recognized in subsequent periods

2025

656

Amount to be recognized in subsequent periods

2024

604

Change in scope

Change in scope

2025

23

Change in scope

2024

17

Foreign exchange and others

Foreign exchange and others

2025

9

Foreign exchange and others

2024

(23)

Total contract liabilities at December 31

Total contract liabilities at December 31

2025

656

Total contract liabilities at December 31

2024

604