v3.25.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of Leases [Abstract]  
Summary of Roll-forward of Lease Right-of-use Assets
Below is the roll-forward of lease right-of-use assets:
Right-of-use assets
(in € millions)
Cost
At January 1, 2023675 
Increases22 
Decreases(1)
Exchange differences(12)
At December 31, 2023684 
Increases25 
Decreases(140)
Exchange differences28 
At December 31, 2024597 
Accumulated depreciation
At January 1, 2023(258)
Depreciation charge(56)
Impairment charge(74)
Decreases1 
Exchange differences3 
At December 31, 2023(384)
Depreciation charge(44)
Impairment charge(25)
Decreases99 
Exchange differences(17)
At December 31, 2024(371)
Cost, net accumulated depreciation
At December 31, 2023300 
At December 31, 2024226 
Summary of Impairment Charges for Lease Right-of-use Assets Explanatory These charges are included in the consolidated statement of operations for the years ended December 31, 2024 and 2023 as follows.
Year ended December 31, 2024Year ended December 31, 2023
(in € millions)
Cost of revenue6 4 
Research and development7 46 
Sales and marketing8 13 
General and administrative4 11 
Total25 74 
These charges are included in the consolidated statement of operations for years ended December 31, 2024 and 2023 as follows.
Year ended December 31, 2024Year ended December 31, 2023
(in € millions)
Cost of revenue11 3 
Research and development2 29 
Sales and marketing3 10 
General and administrative2 7 
Total18 49 
Summary of Roll-forward of Lease Liabilities
Below is the roll-forward of lease liabilities:
Lease liabilities20242023
(in € millions)
At January 1558 613 
Increases25 22 
Payments (1)
(105)(104)
Interest expense36 38 
Lease incentives received (2)
— 2 
Exchange differences23 (13)
At December 31537 558 
(1) €36 million and €38 million of interest paid on lease liabilities are included in operating activities and €69 million and €66 million of payments of lease liabilities included in financing activities within the consolidated statement of cash flows for the years ended December 31, 2024 and 2023, respectively.
(2) €2 million of lease incentives received are included in financing activities within the consolidated statement of cash flows for the year ended December 31, 2023. There were no lease incentives received during the year ended December 31, 2024.
Summary of Maturity Analysis of Lease Liabilities
Below is the maturity analysis of lease liabilities:
Lease liabilitiesDecember 31, 2024
Maturity Analysis(in € millions)
Less than one year113 
One to five years334 
More than five years253 
Total lease commitments700 
Impact of discounting remaining lease payments(163)
Total lease liabilities537 
Lease liabilities included in the consolidated
   statement of financial position
Current75 
Non-current462 
Total537 
Summary of Roll-forward of Finance Lease Receivable Below is the roll-forward of finance lease receivables:
Finance lease receivables2024
(in € millions)
At January 1— 
Additions69 
Interest income6 
Payments received(1)
Exchange differences2 
At December 3176 
Summery Of Maturity Analysis Of Finance Lease Receivable
Below is the maturity analysis of finance lease receivables:

Finance lease receivables2024
Maturity Analysis(in € millions)
Less than one year3 
One to five years57 
More than five years61 
Total lease payments receivable121 
Unearned finance income(45)
Total finance lease receivables76 
Finance lease receivables included in the interim condensed consolidated
   statement of financial position
Current2 
Non-current74 
Total76