Post-employment benefits |
Long-term benefits |
2017 | 2016 | 2015 | ||||||
(in millions of euros) |
Annuity-based plans |
Capital-based plans |
Others |
French part-time for seniors plans (TPS) |
Others |
|||||
Total benefit obligations in the opening balance |
547 | 766 | 74 | 1,956 | 666 | 4,009 | 4,009 | 3,896 | ||
Service cost |
2 | 47 | 1 | 35 | 69 | 154 | 173 | 455 | ||
Net interest on the defined benefit liability |
10 | 17 | 1 | (1) | 2 | 29 | 37 | 38 | ||
Actuarial losses/(gains) arising from changes of assumptions |
5 | 13 | (3) | 52 |
- |
67 | 190 | 19 | ||
o/w arising from change in discount rate |
12 | 23 | (3) | 5 |
- |
37 | 115 | (16) | ||
Actuarial losses/(gains) arising from experience |
(15) | 4 |
- |
223 | 0 | 212 | 292 | 74 | ||
Benefits paid |
(19) | (27) | (3) | (621) | (68) | (738) | (640) | (493) | ||
Other |
(12) | 6 | (0) |
- |
0 | (6) | (52) | 20 | ||
Total benefit obligations in the closing balance (a) |
518 | 826 | 70 | 1,644 | 669 | 3,727 | 4,009 | 4,009 | ||
o/w benefit obligations in respect of employee benefit plans that are wholly or partly funded |
518 | 5 |
- |
- |
- |
523 | 559 | 541 | ||
o/w benefit obligations in respect of employee benefit plans that are wholly unfunded |
- |
821 | 70 | 1,644 | 669 | 3,204 | 3,450 | 3,468 | ||
Weighted average duration of the plans (in years) |
16 | 12 | 16 | 2 | 7 | 6 | 6 | 6 | ||
Funded annuity-based plans represent 14% of Group social commitments.