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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2019
Text block [abstract]  
Summary of Capital Stock Prior To and Immediately After Stock Split
The capital stock of the Company prior to and immediately after the
s
tock
s
plit is as follows:
Outstanding shares prior to the Stock Split:
 
Series
of shares
  
Shareholders
  
Outstanding

shares
   
% of the

capital stock
  
% of ordinary shares

with full voting rights
 
A
  
Wholly-owned subsidiary of
Fomento Económico
Mexicano, S.A.B. de C.V.
   992,078,519    47.223  62.964
D
  
Wholly-owned subsidiaries of
The Coca-Cola Company
   583,545,678    27.777  37.036
L
  Public float   525,208,065    25.0  0
      
 
 
   
 
 
  
 
 
 
Total
      2,100,832,262    100  100
      
 
 
   
 
 
  
 
 
 
Outstanding shares after the Stock Split:
 
Series
of shares
  
Shareholders
  
Outstanding

shares
 
  
% of the

capital stock
 
 
% of ordinary shares

with full voting rights
 
A
  
Wholly-owned subsidiary of
Fomento Económico
Mexicano, S.A.B. de C.V.
  
 
7,936,628,152
 
  
 
47.223
 
 
55.968
D
  
Wholly-owned subsidiaries of
The Coca-Cola Company
  
 
4,668,365,424
 
  
 
27.777
 
 
32.921
B
  
Public float
  
 
1,575,624,195
 
  
 
9.375
 
 
11.11
L
  
Public float
  
 
2,626,040,325
 
  
 
15.625
 
 
0
 
  
 
  
 
 
 
  
 
 
 
 
 
 
 
Total
  
 
  
 
16,806,658,096
 
  
 
100
 
 
100
 
  
 
  
 
 
 
  
 
 
 
 
 
 
 
Summary of Basic and Diluted Earnings per Share
Basic and diluted earnings per share amounts are as follows:
 
   
2019
 
   Per Series
“A” Shares
   Per Series
“D” Shares
   Per Series
“B” Shares
   Per Series
“L” Shares
 
Consolidated net income
  Ps.4,768   Ps.2,804   Ps.946   Ps.1,577 
   
 
 
   
 
 
   
 
 
   
 
 
 
Consolidated net income attributable to equity holders of the parent-
 
controlling operations
   4,768    2,804    946    1,577 
Weighted average number of shares for basic earnings per share (millions of shares)
   7,937    4,668    1,576    2,626 
  
   
2018
(1)
 
   Per Series
“A” Shares
   Per Series
“D” Shares
   Per Series
“B” Shares
   Per Series
“L” Shares
 
Consolidated net income
  Ps.3,873   Ps.2,278   Ps.769   Ps.1,281 
   
 
 
   
 
 
   
 
 
   
 
 
 
Consolidated net income attributable to equity holders of the parent-
 
controlling operations
   3,719    2,188    739    1,231 
Consolidated net income attributable to equity holders of the parent-
 
controlling operations discontinued
   153    90    30    51 
Weighted average number of shares for basic earnings per share (millions of shares)
   7,937    4,668    1,576    2,626 
 
(1)
The allocated earnings amounts for 2018 have been revised for the effect of the stock split.