(€ million)

A.

Cash

3,367

B.

Cash equivalents

5,304

4,816

C.

Other current financial assets

10,700

7,881

D.

Liquidity (A+B+C)

18,800

16,064

E.

Current financial debt

7,258

6,942

F.

Current portion of non-current financial debt

2,368

3,157

G.

Current financial indebtedness (E+F)

9,626

10,099

H.

Net current financial indebtedness (G-D)

I.

Non-current financial debt

5,782

6,175

J.

Debt instruments

18,756

20,527

K.

Non‐current trade and other payables

L.

Non-current financial indebtedness (I+J+K)

24,538

26,702

M.

Total financial indebtedness (H+L)

15,364

20,737