Changes in gross borrowings were as following:
| (€ million) |
Long-term debt and current portion of long-term debt |
Short-term debt |
Total | |||||||||
| Carrying amount at December 31, 2016 | 23,843 | 3,396 | 27,239 | |||||||||
| Cash flows | (1,131 | ) | (581 | ) | (1,712 | ) | ||||||
| Currency translation differences | (236 | ) | (574 | ) | (810 | ) | ||||||
| Other non-monetary changes | (11 | ) | 1 | (10 | ) | |||||||
| Carrying amount at December 31, 2017 | 22,465 | 2,242 | 24,707 | |||||||||