Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment

Schedule of movement in property, plant and equipment


		Millions of Euros
								Impairment of other
						Fixed Assets under		property, plant and
		Land and Buildings		Plant and machinery		construction		equipment		Total
Cost
Balance at 31/12/2023		1,132		3,175		911		(7)		5,211
Additions		—		67		193		(1)		259
Disposals		(5)		(78)		—		1		(82)
Transfers		57		263		(323)		—		(3)
Translation differences		47		127		21		—		195
Total Cost at 31/12/2024		1,231		3,554		802		(7)		5,580

Acc. Amortization
Balance at 31/12/2023		(206)		(1,758)		—		—		(1,964)
Additions		(31)		(191)		—		—		(222)
Disposals		1		32		—		—		33
Transfers		—		—		—		—		—
Translation differences		(10)		(75)		—		—		(85)
Total Acc Amort at 31/12/2024		(246)		(1,992)		—		—		(2,238)

Carrying amount
Total at 31/12/2024		985		1,562		802		(7)		3,342

Cost
Balance at 31/12/2024		1,231		3,554		802		(7)		5,580
Additions		—		60		227		(1)		286
Disposals		(1)		(50)		—		—		(51)
Transfers		72		150		(226)		—		(4)
Translation differences		(93)		(264)		(77)		—		(434)
Total Cost at 31/12/2025		1,209		3,450		726		(8)		5,377

Acc. Amortization
Balance at 31/12/2024		(246)		(1,992)		—		—		(2,238)
Additions		(33)		(207)		—		—		(240)
Disposals		1		38		—		—		39
Transfers		—		—		—		—		—
Translation differences		21		161		—		—		182
Total Acc Amort at 31/12/2025		(257)		(2,000)		—		—		(2,257)

Carrying amount
Total at 31/12/2025		952		1,450		726		(8)		3,120