v3.25.0.1
Trade and other receivables (Tables)
12 Months Ended
Dec. 31, 2024
Trade and other receivables [abstract]  
Summary of Net Trade and Other Receivables
20242023
(in € millions)
Trade receivables543 607 
Less: allowance for expected credit losses(3)(5)
Trade receivables – net540 602 
Other231 256 
Total771 858 
Aging of Trade Receivable and Movement in Expected Allowance for Credit Loss
The aging of the Group’s net trade receivables is as follows:
20242023
(in € millions)
Current388 411 
Overdue 1 – 30 days73 92 
Overdue 31 – 60 days36 53 
Overdue 60 – 90 days23 26 
Overdue more than 90 days20 20 
540 602 
The movements in the Group’s allowance for expected credit losses are as follows:
20242023
(in € millions)
At January 15 7 
Provision for expected credit losses5 4 
Reversal of unutilized provisions(3)(1)
Receivables written off(4)(5)
At December 313 5