Since the presentation of deferred tax assets and liabilities in the financial statements takes into account the offsets by legal entity when applicable, the composition of the gross amounts before offsets is presented below:
| As of December 31, | ||||||||
| 2017 | 2016 | |||||||
| (millions of euros) | ||||||||
|
Deferred tax assets |
1,429 | 1,294 | ||||||
|
Deferred tax liabilities |
(701 | ) | (710 | ) | ||||
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Total |
728 | 584 | ||||||
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