Contingent liabilities and other financial obligations
At December 31, 2018, the best estimate for potential obligations from contingent liabilities is €0.8 billion (2017: €0.6 billion).
In the context of its ordinary business operations, the Group has also entered into other financial obligations in addition to the liabilities shown in the consolidated balance sheet at December 31, 2018. These financial obligations result from non-cancelable long-term rental agreements and operating leases, contractual commitments to acquire intangible assets, property, plant and equipment and lease property, and irrevocable loan commitments.
Detailed information on contingent liabilities and other financial obligations are provided in Note 31 of the Notes to the Consolidated Financial Statements.