v3.25.4
Short-term debt (Details) - EUR (€)
€ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Debt    
Short-term debt € 17,015 € 2,099
Borrowings offset under cash management system 262,385 251,353
Cash and cash equivalents before offset 1,861,498 1,431,540
Short-term debt from unrelated parties before offset 279,400 253,452
Commercial paper program    
Debt    
Commercial paper borrowing limit 1,500,000  
Borrowings under lines of credit    
Debt    
Short-term debt € 16,852 € 1,941
Average interest rate (as a percent) 6.51% 8.57%
Other    
Debt    
Short-term debt € 163 € 158
Borrowings excluding Syndicated Credit Facility    
Debt    
Remaining borrowing capacity € 1,306,931 € 1,508,486