v3.25.4
Note 7 Effect offsetting for derivatives and securities operation (Details) - EUR (€)
€ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Classes of assets [Domain]      
Effect of offsetting for derivatives and securities operation [Line Items]      
Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements € 121,468 € 110,924 € 124,869
Gross financial assets set off against financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements 32,268 27,759 8,866
Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position 89,199 83,165 116,003
Financial instruments gross amount not offset in the consolidated balance sheets 77,427 73,405 105,151
Cash collateral received pledged gross amount not offset in the consolidated balance sheets 11,075 9,566 9,532
Net amount [1] 698 194 1,320
Classes of liabilities [domain]      
Effect of offsetting for derivatives and securities operation [Line Items]      
Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements 143,626 131,818 149,456
Gross financial liabilities set off against financial assets subject to offsetting, enforceable master netting arrangements or similar agreements 32,268 27,759 8,866
Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position 111,357 104,059 140,590
Financial instruments gross amount not offset in the consolidated balance sheets 100,365 95,943 132,274
Cash collateral received pledged gross amount not offset in the consolidated balance sheets 8,931 7,658 7,013
Net amount [1] 2,061 458 1,303
Derivatives [member] | Classes of assets [Domain]      
Effect of offsetting for derivatives and securities operation [Line Items]      
Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements 40,930 45,523 44,641
Gross financial assets set off against financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements 7,809 8,362 8,866
Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position 33,122 37,161 35,775
Financial instruments gross amount not offset in the consolidated balance sheets 21,478 27,446 25,171
Cash collateral received pledged gross amount not offset in the consolidated balance sheets 11,075 9,566 9,532
Net amount [1] 569 148 1,072
Derivatives [member] | Classes of liabilities [domain]      
Effect of offsetting for derivatives and securities operation [Line Items]      
Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements 40,087 43,924 44,536
Gross financial liabilities set off against financial assets subject to offsetting, enforceable master netting arrangements or similar agreements 7,809 8,362 8,866
Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position 32,278 35,562 35,670
Financial instruments gross amount not offset in the consolidated balance sheets 21,478 27,446 27,354
Cash collateral received pledged gross amount not offset in the consolidated balance sheets 8,739 7,658 7,013
Net amount [1] 2,061 458 1,303
Reverse repurchase securities borrowing and similar agreements [Member] | Classes of assets [Domain]      
Effect of offsetting for derivatives and securities operation [Line Items]      
Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements 80,537 65,401 80,227
Gross financial assets set off against financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements 24,459 19,397 0
Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position 56,078 46,005 80,227
Financial instruments gross amount not offset in the consolidated balance sheets 55,949 45,959 79,980
Cash collateral received pledged gross amount not offset in the consolidated balance sheets 0 0 0
Net amount [1] 129 46 248
Repurchase securities lending and similar agreements [Member] | Classes of liabilities [domain]      
Effect of offsetting for derivatives and securities operation [Line Items]      
Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements 103,538 87,893 104,920
Gross financial liabilities set off against financial assets subject to offsetting, enforceable master netting arrangements or similar agreements 24,459 19,397 0
Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position 79,079 68,497 104,920
Financial instruments gross amount not offset in the consolidated balance sheets 78,887 68,497 104,920
Cash collateral received pledged gross amount not offset in the consolidated balance sheets 192 0 0
Net amount [1] € 0 € 0 € 0
[1]
(1) It corresponds to the aggregation of the net amounts presented in the balance sheet, less the gross amount which is not offset in the balance sheet, corresponding to each Group entity that records a deficit in this regard.