Consolidated balance sheet at 31 December

x € million	Notes	2023	2022
Assets
Goodwill and intangible assets	8	18,738	5,147
Property, plant and equipment	9	5,549	3,576
Deferred tax assets	7	228	95
Prepaid pension costs	24	44	19
Share in associates and joint ventures	10	130	61
Derivatives	23	46	82
Other non-current assets	11	691	295
Non-current assets		25,426	9,275

Inventories	12	3,390	2,339
Trade receivables	13	2,553	1,508
Income tax receivables	13	107	36
Other current receivables	13	183	78
Derivatives	23	42	42
Financial investments	14	107	125
Cash and cash equivalents	15	2,456	2,755
Assets held for sale	3	6	1,245
Current assets		8,844	8,128
Total assets		34,270	17,403

Equity and liabilities
Shareholders’ equity		22,908	10,743
Non-controlling interests	17	162	102
Equity	16	23,070	10,845

Deferred tax liabilities	7	1,751	476
Employee benefit liabilities	24	520	287
Provisions	18	142	50
Borrowings	19	4,114	2,978
Derivatives	23	8	4
Other non-current liabilities	20	146	205
Non-current liabilities		6,681	4,000

Employee benefit liabilities	24	49	5
Provisions	18	34	45
Borrowings	19	716	86
Derivatives	23	28	23
Trade payables	21	2,071	1,415
Income tax payables	21	177	64
Other current liabilities	21	1,436	490
Liabilities held for sale	3	8	430
Current liabilities		4,519	2,558
Total equity and liabilities		34,270	17,403

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