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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2018
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Summary of Major Components of Income Tax Expense | The major components of income tax expense for the years ended December 31, 2018, 2017 and 2016 are:
|  | 2018 |  |  | 2017 |  |  | 2016 |
Current tax expense: |  |  |  |  |  |  |  |  |  |  |  |
Current year |  | Ps. | 4,763 |  |  | Ps. | 6,108 |  |  | Ps. | 8,574 |
Deferred tax expense: |  |  |  |  |  |  |  |  |  |  |  |
Origination and reversal of temporary differences |  |  | 1,579 |  |  |  | (1,859 | ) |  |  | (2,812 | )
(Benefit) utilization of tax losses recognized |  |  | (1,082 | ) |  |  | (65 | ) |  |  | (1,834 | )
Total deferred tax expense |  |  | 497 |  |  |  | (1,924 | ) |  |  | (4,646 | )
Total income tax expense in consolidated net income |  | Ps. | 5,260 |  |  | Ps. | 4,184 |  |  | Ps. | 3,928 |
2018 |  | Mexico |  |  | Foreign |  |  | Total |
Current tax expense: |  |  |  |  |  |  |  |  |  |  |  |
Current year |  | Ps. | 3,545 |  |  | Ps. | 1,218 |  |  | Ps. | 4,763 |
Deferred tax expense: |  |  |  |  |  |  |  |  |  |  |  |
Origination and reversal of temporary differences |  |  | (283 | ) |  |  | 1,862 |  |  |  | 1,579 |
(Benefit) utilization of tax losses recognized |  |  | (679 | ) |  |  | (403 | ) |  |  | (1,082 | )
Total deferred tax (benefit) |  |  | (962 | ) |  |  | 1,459 |  |  |  | 497 |
Total income tax expense in consolidated net income |  | Ps. | 2,583 |  |  | Ps. | 2,677 |  |  | Ps. | 5,260 |
2017 |  | Mexico |  |  | Foreign |  |  | Total |
Current tax expense: |  |  |  |  |  |  |  |  |  |  |  |
Current year |  | Ps. | 3,874 |  |  | Ps. | 2,234 |  |  | Ps. | 6,108 |
Deferred tax expense: |  |  |  |  |  |  |  |  |  |  |  |
Origination and reversal of temporary differences |  |  | (1,798 | ) |  |  | (61 | ) |  |  | (1,859 | )
(Benefit) utilization of tax losses recognized |  |  | 179 |  |  |  | (244 | ) |  |  | (65 | )
Total deferred tax (benefit) |  |  | (1,619 | ) |  |  | (305 | ) |  |  | (1,924 | )
Total income tax expense in consolidated net income |  | Ps. | 2,255 |  |  | Ps. | 1,929 |  |  | Ps. | 4,184 |
2016 |  | Mexico |  |  | Foreign |  |  | Total |
Current tax expense: |  |  |  |  |  |  |  |  |  |  |  |
Current year |  | Ps. | 4,035 |  |  | Ps. | 4,539 |  |  | Ps. | 8,574 |
Deferred tax expense: |  |  |  |  |  |  |  |  |  |  |  |
Origination and reversal of temporary differences |  |  | (1,117 | ) |  |  | (1,695 | ) |  |  | (2,812 | )
(Benefit) utilization of tax losses recognized |  |  | (1,285 | ) |  |  | (549 | ) |  |  | (1,834 | )
Total deferred tax (benefit) |  |  | (2,402 | ) |  |  | (2,244 | ) |  |  | (4,646 | )
Total income tax expense in consolidated net income |  | Ps. | 1,633 |  |  | Ps. | 2,295 |  |  | Ps. | 3,928 |
Schedule of Recognized in Consolidated Statement of Other Comprehensive Income | Recognized in Consolidated Statement of Other Comprehensive Income (OCI)
Income tax related to items charged or recognized directly in OCI during the year: |  | 2018 |  |  | 2017 |  |  | 2016 |
Unrealized (gain) loss on cash flow hedges |  | Ps. | (208 | ) |  | Ps. | (160 | ) |  | Ps. | 324 |
Remeasurements of the net defined benefit liability |  |  | 152 |  |  |  | (61 | ) |  |  | 12 |
Total income tax recognized in OCI |  | Ps. | (56 | ) |  | Ps. | (221 | ) |  | Ps. | 336 |
Schedule of Deferred Tax related to Other Comprehensive Income | Balance of income tax included in Accumulated Other Comprehensive Income (AOCI) as of:
Income tax related to items charged or recognized directly in OCI as of year- end: |  | 2018 |  |  | 2017 |  |  | 2016 |
Unrealized loss (gain) on derivative financial instruments |  | Ps. | (128 | ) |  | Ps. | 59 |  |  | Ps. | 227 |
Comprehensive income to be reclassified to profit or loss in subsequent periods |  |  | (128 | ) |  |  | 59 |  |  |  | 227 |
Re-measurements of the net defined benefit liability |  |  | (56 | ) |  |  | ( 199 | ) |  |  | ( 143 | )
Balance of income tax in AOCI |  | Ps. | (184 | ) |  | Ps. | (140 | ) |  | Ps. | 84 |
Schedule of Domestic Tax Rate | A reconciliation between tax expense and income (loss) before income taxes and share of the profit or loss of associates and joint ventures accounted for using the equity method multiplied by the Mexican domestic tax rate for the years ended December 31, 2018, 2017 and 2016 is as follows:
|  | 2018 |  |  | 2017 |  |  | 2016 |
Mexican statutory income tax rate |  |  | 30 | % |  |  | 30 | % |  |  | 30 | %
Income tax from prior years |  |  | (0.50 | ) |  |  | 3.16 |  |  |  | 1.33 |
Income (loss) on monetary position for subsidiaries in hyperinflationary economies |  |  | (0.96 | ) |  |  | 4.26 |  |  |  | (2.20 | )
Annual inflation tax adjustment |  |  | (0.32 | ) |  |  | (3.65 | ) |  |  | 0.15 |
Non-deductible expenses |  |  | 2.43 |  |  |  | (5.54 | ) |  |  | 2.38 |
Non-taxable income |  |  | (0.78 | ) |  |  | 1.17 |  |  |  | (0.90 | )
Income taxed at a rate other than the Mexican statutory rate |  |  | 1.69 |  |  |  | (2.54 | ) |  |  | 2.06 |
Effect of restatement of tax values |  |  | (3.38 | ) |  |  | 5.53 |  |  |  | (2.29 | )
Effect of change in statutory rate |  |  | (0.38 | ) |  |  | 0.20 |  |  |  | — |
Effect of changes in Venezuelan Tax Law |  |  | — |  |  |  | — |  |  |  | 7.74 |
Income tax credits |  |  | (0.13 | ) |  |  | 9.68 |  |  |  | (7.84 | )
Effect Venezuela (Note 3.3) |  |  | — |  |  |  | (75.56 | ) |  |  | — |
Tax Loss |  |  | 1.04 |  |  |  | (6.00 | ) |  |  | — |
Other |  |  | 1.89 |  |  |  | 2.12 |  |  |  | (2.98 | )
|  |  | 30.60 | % |  |  | (37.17 | )% |  |  | 27.45 | %
Schedule of Deferred Income Tax | An analysis of the temporary differences giving rise to deferred income tax liabilities (assets) is as follows:
|  | Consolidated Statement of Financial Position as of |  |  | Consolidated Income Statement |
Consolidated Statement of Financial Position |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |  |  | 2016 |
Allowance for doubtful accounts |  | Ps. | (33 | ) |  | Ps. | (119 | ) |  | Ps. | 76 |  |  | Ps. | 16 |  |  | Ps. | (8 | )
Inventories |  |  | (32 | ) |  |  | (4 | ) |  |  | (33 | ) |  |  | (60 | ) |  |  | (163 | )
Prepaid expenses |  |  | 3 |  |  |  | 17 |  |  |  | (19 | ) |  |  | 5 |  |  |  | (71 | )
Property, plant and equipment, net (1) |  |  | (1,051 | ) |  |  | (244 | ) |  |  | (392 | ) |  |  | (1,783 | ) |  |  | 1,439 |
Other assets |  |  | 38 |  |  |  | (569 | ) |  |  | 74 |  |  |  | (166 | ) |  |  | 167 |
Finite useful lived intangible assets |  |  | 225 |  |  |  | 820 |  |  |  | 182 |  |  |  | 761 |  |  |  | (289 | )
Indefinite lived intangible assets |  |  | 1,081 |  |  |  | 2,143 |  |  |  | 31 |  |  |  | 743 |  |  |  | 5,280 |
Post-employment and other non-current employee benefits |  |  | (457 | ) |  |  | (474 | ) |  |  | (114 | ) |  |  | (56 | ) |  |  | (1 | )
Derivative financial instruments |  |  | 3 |  |  |  | 42 |  |  |  | (39 | ) |  |  | (44 | ) |  |  | 62 |
Contingencies |  |  | (2,209 | ) |  |  | (2,629 | ) |  |  | 1,146 |  |  |  | (886 | ) |  |  | (96 | )
Employee profit sharing payable |  |  | (184 | ) |  |  | (159 | ) |  |  | — |  |  |  | 6 |  |  |  | (14 | )
Tax loss carryforwards |  |  | (8,358 | ) |  |  | (8,088 | ) |  |  | (1,082 | ) |  |  | (13 | ) |  |  | (1,834 | )
Tax credits to recover (2) |  |  | (1,855 | ) |  |  | (2,308 | ) |  |  | (109 | ) |  |  | (1,159 | ) |  |  | (1,150 | )
Cumulative other comprehensive income |  |  | (184 | ) |  |  | (141 | ) |  |  | (54 | ) |  |  | (224 | ) |  |  | — |
Liabilities of amortization of goodwill of business acquisition |  |  | 7,299 |  |  |  | 5,527 |  |  |  | 1,125 |  |  |  | (554 | ) |  |  | (1,876 | )
Other liabilities |  |  | 132 |  |  |  | (112 | ) |  |  | (295 | ) |  |  | 1,490 |  |  |  | (6,092 | )
Deferred tax (income) |  |  |  |  |  |  |  |  |  | Ps. | 497 |  |  | Ps. | (1,924 | ) |  | Ps. | (4,646 | )
Deferred tax, asset |  | Ps. | (8,438 | ) |  | Ps. | (8,012 | ) |  |  |  |  |  |  |  |  |  |  |  |
Deferred tax, liability |  |  | 2,856 |  |  |  | 1,714 |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred income taxes, net |  | Ps. | (5,582 | ) |  | Ps. | (6,298 | ) |  |  |  |  |  |  |  |  |  |  |  |
(1) | As a result of the change of Venezuelan tax regulations, on December 31, 2016 the Company recognized a deferred tax liability for an amount of Ps. 1,107 with their corresponding impact on the income tax of the year. Such amount was derecognized during 2017 as a result of the deconsolidation of Venezuela.
(2) | Correspond to income tax credits arising from dividends received from foreign subsidiaries to be recovered within the next ten years accordingly to the Mexican Income Tax law as well as effects of the exchange of foreign currencies with Related and Non-RelatedParties.
Schedule of Changes in Net Deferred Income Tax Asset | The changes in the balance of the net deferred income tax liability are as follows:
|  | 2018 |  |  | 2017 |  |  | 2016 |
Balance at beginning of the period |  | Ps. | (6,298 | ) |  | Ps. | (4,776 | ) |  | Ps. | (2,975 | )
Deferred tax provision for the period |  |  | 497 |  |  |  | (1,763 | ) |  |  | (4,381 | )
Change in the statutory rate |  |  | 63 |  |  |  | — |  |  |  | — |
Acquisition of subsidiaries, see Note 4 |  |  | (413 | ) |  |  | (563 | ) |  |  | 150 |
Venezuela effect |  |  | — |  |  |  | 261 |  |  |  | — |
Effects in equity: |  |  |  |  |  |  |  |  |  |  |  |
Unrealized loss (gain) on derivative financial instruments |  |  | (21 | ) |  |  | (160 | ) |  |  | 324 |
Cumulative translation adjustment |  |  | 31 |  |  |  | 221 |  |  |  | 1,766 |
Remeasurements of the net defined benefit liability |  |  | 152 |  |  |  | (61 | ) |  |  | 12 |
Inflation adjustment |  |  | 20 |  |  |  | 543 |  |  |  | 328 |
Philippines disposal |  |  | 387 |  |  |  | — |  |  |  | — |
Balance at end of the period |  | Ps. | (5,582 | ) |  | Ps. | (6,298 | ) |  | Ps. | (4,776 | )
Schedule of Tax Loss Carryforwards | The tax losses carryforwards for which deferred tax asset has been recorded and their corresponding years of expiration are as follows:
|  | Tax Loss Carryforwards |
2022 |  | Ps. | — |
2023 |  |  | — |
2024 |  |  | 631 |
2025 |  |  | 3,707 |
2026 |  |  | 4,448 |
2027 and thereafter |  |  | 2,227 |
No expiration (Brazil) |  |  | 14,866 |
|  | Ps. | 25,879 |
Summary of Changes in Balance of Tax Loss Carryforwards | The changes in the balance of tax loss carryforwards are as follows:
|  | 2018 |  |  | 2017 |  |  | 2016 |
Balance at beginning of the period |  | Ps. | 24,817 |  |  | Ps. | 24,791 |  |  | Ps. | 14,900 |
Increase (see sources above) |  |  | 3,398 |  |  |  | 3,334 |  |  |  | 5,616 |
Usage of tax losses |  |  | (352 | ) |  |  | (2,723 | ) |  |  | (4 | )
Effect of foreign currency exchange rates |  |  | (1,984 | ) |  |  | (585 | ) |  |  | 4,279 |
Balance at end of the period |  | Ps. | 25,879 |  |  | Ps. | 24,817 |  |  | Ps. | 24,791 |

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