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Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2019
Text block [abstract] |
Disclosure of Exchange Rates of Local Currencies Translated to Mexican Pesos |
|  |  |  | Exchange Rates of Local Currencies Translated to Mexican Pesos (1) |
|  | Functional / Recording Currency |  | Average Exchange Rate for |  |  | Exchange Rate as of |
Country or Zone |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | December 31, 2019 |  |  | December 31, 2018 |
Guatemala |  | Quetzal |  |  | 2.50 |  |  |  | 2.56 |  |  |  | 2.57 |  |  |  | 2.45 |  |  |  | 2.54 |
Costa Rica |  | Colon |  |  | 0.03 |  |  |  | 0.03 |  |  |  | 0.03 |  |  |  | 0.03 |  |  |  | 0.03 |
Panama |  | U.S. dollar |  |  | 19.26 |  |  |  | 19.24 |  |  |  | 18.93 |  |  |  | 18.85 |  |  |  | 19.68 |
Colombia |  | Colombian peso |  |  | 0.01 |  |  |  | 0.01 |  |  |  | 0.01 |  |  |  | 0.01 |  |  |  | 0.01 |
Nicaragua |  | Cordoba |  |  | 0.58 |  |  |  | 0.62 |  |  |  | 0.63 |  |  |  | 0.56 |  |  |  | 0.61 |
Argentina |  | Argentine peso |  |  | 0.41 |  |  |  | 0.73 |  |  |  | 1.15 |  |  |  | 0.31 |  |  |  | 0.52 |
Venezuela a) |  | Bolivar |  |  | — |  |  |  | — |  |  |  | a | ) |  |  | — |  |  |  | — |
Brazil |  | Reais |  |  | 4.89 |  |  |  | 5.29 |  |  |  | 5.94 |  |  |  | 4.68 |  |  |  | 5.08 |
Chile |  | Chilean peso |  |  | 0.03 |  |  |  | 0.03 |  |  |  | 0.03 |  |  |  | 0.03 |  |  |  | 0.03 |
Euro Zone |  | Euro (€) |  |  | 21.56 |  |  |  | 22.71 |  |  |  | 21.32 |  |  |  | 21.12 |  |  |  | 22.54 |
Peru |  | Nuevo Sol |  |  | 5.77 |  |  |  | 5.85 |  |  |  | 5.78 |  |  |  | 5.68 |  |  |  | 5.83 |
Ecuador |  | U.S. dollar |  |  | 19.26 |  |  |  | 19.24 |  |  |  | 18.93 |  |  |  | 18.85 |  |  |  | 19.68 |
Philippines |  | Philippine peso |  |  | — |  |  |  | 0.37 |  |  |  | 0.38 |  |  |  | — |  |  |  | 0.37 |
Uruguay |  | Uruguayan peso |  |  | 0.55 |  |  |  | 0.63 |  |  |  | 0.66 |  |  |  | 0.51 |  |  |  | 0.61 |
(1) | Exchange rates published by the Central Bank of each country where the Company operates.
Disclosure of Recognition of Effects of Inflation in Countries with Hyperinflationary Economic Environments | As of December 31, 2019, 2018, and 2017, the operations of the Company are classified as follows:
Country |  | Cumulative Inflation 2017- 2019 |  |  | Type of Economy |  | Cumulative Inflation 2016- 2018 |  |  | Type of Economy |  | Cumulative Inflation 2015- 2017 |  |  | Type of Economy
Mexico |  |  | 13.2 | % |  | Non-hyperinflationary |  |  | 15.7 | % |  | Non-hyperinflationary |  |  | 12.7 | % |  | Non-hyperinflationary
Guatemala |  |  | 11.8 | % |  | Non-hyperinflationary |  |  | 12.2 | % |  | Non-hyperinflationary |  |  | 13.5 | % |  | Non-hyperinflationary
Costa Rica |  |  | 5.8 | % |  | Non-hyperinflationary |  |  | 5.7 | % |  | Non-hyperinflationary |  |  | 2.5 | % |  | Non-hyperinflationary
Panama |  |  | 0.5 | % |  | Non-hyperinflationary |  |  | 2.1 | % |  | Non-hyperinflationary |  |  | 2.3 | % |  | Non-hyperinflationary
Colombia |  |  | 11.0 | % |  | Non-hyperinflationary |  |  | 13.4 | % |  | Non-hyperinflationary |  |  | 17.5 | % |  | Non-hyperinflationary
Nicaragua |  |  | 15.6 | % |  | Non-hyperinflationary |  |  | 13.1 | % |  | Non-hyperinflationary |  |  | 12.3 | % |  | Non-hyperinflationary
Argentina (a) |  |  | 179.4 | % |  | Hyperinflationary |  |  | 158.4 | % |  | Hyperinflationary |  |  | 101.5 | % |  | Hyperinflationary
Venezuela |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 30,690.0 | % |  | Hyperinflationary
Brazil |  |  | 11.1 | % |  | Non-hyperinflationary |  |  | 25.0 | % |  | Non-hyperinflationary |  |  | 21.1 | % |  | Non-hyperinflationary
Philippines |  |  | — |  |  | — |  |  | 11.9 | % |  | Non-hyperinflationary |  |  | 7.5 | % |  | Non-hyperinflationary
Euro Zone |  |  | 3.6 | % |  | Non-hyperinflationary |  |  | 2.7 | % |  | Non-hyperinflationary |  |  | 2.7 | % |  | Non-hyperinflationary
Chile |  |  | 8.3 | % |  | Non-hyperinflationary |  |  | 9.7 | % |  | Non-hyperinflationary |  |  | 9.7 | % |  | Non-hyperinflationary
Peru |  |  | 5.2 | % |  | Non-hyperinflationary |  |  | 9.3 | % |  | Non-hyperinflationary |  |  | 9.3 | % |  | Non-hyperinflationary
Ecuador |  |  | 0.3 | % |  | Non-hyperinflationary |  |  | 30.3 | % |  | Non-hyperinflationary |  |  | 30.3 | % |  | Non-hyperinflationary
Uruguay |  |  | 22.0 | % |  | Non-hyperinflationary |  |  | 25.3 | % |  | Non-hyperinflationary |  |  | — |  |  | –
Disclosure of Estimated Useful Lives of Company's Assets | The estimated useful lives of the Company’s assets are as follows:
|  | Years
Buildings |  | 25-50
Machinery and equipment |  | 10-20
Distribution equipment |  | 7-15
Refrigeration equipment |  | 5-7
Returnable bottles |  | 1.5-3
Leasehold improvements |  | The shorter of lease term or 15 years
Information technology equipment |  | 3-5
Other equipment |  | 3-10

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