Cash and cash equivalents decreased by 389 million euros compared to December 31, 2016 and were broken down as follows:
As of December 31, | ||||||||
2017 | 2016 | |||||||
(millions of euros) | ||||||||
Liquid assets with banks, financial institutions and post offices |
2,828 | 2,491 | ||||||
Checks, cash and other receivables and deposits for cash flexibility |
2 | 1 | ||||||
Securities other than investments (due within 3 months) |
745 | 1,472 | ||||||
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Total |
3,575 | 3,964 | ||||||
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