v3.25.4
Property, plant and equipment (Tables)
12 Months Ended
Dec. 31, 2025
Property, plant and equipment [abstract]  
Disclosure of detailed information about property, plant and equipment The estimated useful lives of property, plant and equipment are:
Philips Group
Useful lives of property, plant and equipment
Buildings
from 5 to 50 years
Machinery and installations
from 3 to 20 years
Other equipment
from 1 to 10 years
Philips Group
Property, plant and equipment in millions of EUR 
2025
2024
Owned assets
1,465
1,565
Right-of-use assets
752
886
Total
2,217
2,452
Disclosure of sale and leaseback arrangements The remaining minimum payment under
sale-and-leaseback arrangements included in lease obligations above are:
Philips Group
Remaining minimum payments under sale-and-leaseback arrangements in millions of EUR
2026
30
2027
24
2028
17
2029
13
2030
5
Thereafter
-
Disclosure of reconciliation of changes in property, plant and equipment, including right-of-use assets Philips Group
Property, plant and equipment in millions of EUR
Owned assets
Right-of-use assets
Property, plant and equipment
Land and
buildings
Machinery and
installations
Other equipment
Assets under
construction
Total
Land and
buildings
Other equipment
Total
Total
Balance as of January 1, 2024
Cost
1,114
1,731
1,404
274
4,521
1,425
216
1,641
6,162
Accumulated depreciation
(638)
(1,278)
(1,041)
-
(2,957)
(619)
(104)
(722)
(3,679)
Book value
476
453
363
274
1,565
806
113
919
2,483
Additions
2
134
76
236
448
101
87
189
637
Assets available for use
12
70
140
(248)
(26)
26
-
26
-
Depreciation
(49)
(191)
(166)
-
(406)
(146)
(56)
(202)
(608)
Impairments
(14)
(23)
(28)
-
(65)
(23)
-
(23)
(89)
Reclassifications
7
(6)
8
(1)
8
(9)
(3)
(12)
(4)
Translation differences and other
20
2
9
10
41
(6)
(4)
(10)
31
Total change
(22)
(13)
38
(3)
1
(57)
24
(33)
(32)
Balance as of December 31, 2024
Cost
1,151
1,790
1,527
271
4,738
1,462
241
1,702
6,441
Accumulated depreciation
(697)
(1,350)
(1,126)
-
(3,173)
(712)
(104)
(816)
(3,989)
Book value
454
440
401
271
1,565
749
137
886
2,452
Additions
1
148
41
271
461
25
78
103
564
Assets available for use
42
69
127
(239)
(1)
1
-
1
-
Depreciation
(44)
(174)
(155)
-
(373)
(132)
(58)
(190)
(563)
Impairments
(1)
(17)
(14)
-
(33)
(7)
-
(7)
(39)
Divestments and transfers to assets classified as held for sale
(1)
-
(2)
(2)
(5)
(1)
-
(1)
(6)
Reclassifications
5
(5)
(15)
(3)
(18)
-
-
-
(18)
Translation differences and other
(28)
(52)
(28)
(23)
(132)
(28)
(13)
(41)
(173)
Total change
(26)
(31)
(46)
3
(100)
(142)
8
(134)
(235)
Balance as of December 31, 2025
Cost
1,105
1,550
1,411
274
4,340
1,328
255
1,583
5,923
Accumulated depreciation
(677)
(1,142)
(1,055)
-
(2,875)
(721)
(110)
(831)
(3,706)
Book value
428
408
355
274
1,465
607
145
752
2,217