v3.25.0.1
Accrued expenses and other liabilities
12 Months Ended
Dec. 31, 2024
Disclosure Of Accrued Expenses And Other Liabilities [Abstract]  
Accrued expenses and other liabilities Accrued expenses and other liabilities
20242023
(in € millions)
Non-current
Other accrued liabilities5 26 
Total5 26 
Current
Accrued fees to rights holders1,695 1,826 
Accrued salaries, vacation, severance, and related taxes119 273 
Accrued social costs for options and RSUs217 57 
Accrued operating liabilities154 163 
Other accrued expenses162 121 
Total2,347 2,440 
On December 4, 2023, the Company announced a reduction in force, through which our employee base was reduced by approximately 17%. As of December 31, 2023, we had accrued employee severance costs related to the reduction in force of €136 million included within current accrued expenses and other liabilities. As of December 31, 2024, we had substantially settled our obligations related to the reduction in force.