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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 | The translation of assets and liabilities denominated in foreign currencies into Mexican pesos is for consolidation purposes and does not indicate that the Company could realize or settle the reported value of those assets and liabilities in Mexican pesos. Additionally, this does not indicate that the Company could return or distribute the reported Mexican peso value in equity to its shareholders.
|  |  |  | Exchange Rates of Local Currencies Translated to Mexican Pesos (1) |
|  |  |  | Average Exchange Rate for |  |  | Exchange Rate as of December 31, |
Country or Zone |  | Functional coin |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | 2019 |  |  | 2018 |
Mexico |  | Mexican peso |  | Ps. | 1.00 |  |  | Ps. | 1.00 |  |  | Ps. | 1.00 |  |  | Ps. | 1.00 |  |  | Ps. | 1.00 |
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 |  |  |  | 0.61 |  |  |  | 0.63 |  |  |  | 0.56 |  |  |  | 0.61 |
Argentina |  | Argentine peso |  |  | 0.41 |  |  |  | 0.73 |  |  |  | 1.15 |  |  |  | 0.31 |  |  |  | 0.52 |
Brazil |  | Reais |  |  | 4.89 |  |  |  | 5.29 |  |  |  | 5.94 |  |  |  | 4.68 |  |  |  | 5.08 |
Philippines |  | Philippine peso |  |  | NA |  |  |  | 0.37 |  |  |  | 0.38 |  |  |  | NA |  |  |  | 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
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 |  |  | 179.4 | % |  | Hyperinflationary |  |  | 158.4 | % |  | Hyperinflationary |  |  | 101.5 | % |  | Non-hyperinflationary
Brazil |  |  | 11.1 | % |  | Non-hyperinflationary |  |  | 13.1 | % |  | Non-hyperinflationary |  |  | 21.1 | % |  | Non-hyperinflationary
Uruguay |  |  | 22.0 | % |  | Non-hyperinflationary |  |  | 25.3 | % |  | Non-hyperinflationary |  |  | NA |  |  | Non-hyperinflationary
Philippines |  |  | NA |  |  | Non-hyperinflationary |  |  | 11.9 | % |  | Non-hyperinflationary |  |  | 7.5 | % |  | Non-hyperinflationary
Disclosure of Estimated Useful Lives of Company's Principal Assets | The estimated useful lives of the Company’s principal assets are as follows:
|  | Years
Buildings |  | 40 – 50
Machinery and equipment |  | 10 – 20
Distribution equipment |  | 7 – 15
Refrigeration equipment |  | 5 – 7
Returnable bottles |  | 1.5 – 3
Other equipment |  | 3 – 10
Summary of Revenue from Contracts with Customers |
Sources of Revenue |  | For the year ended December 31, 2019 |  |  | For the year ended December 31, 2018 |  |  | For the year ended December 31, 2017 |
Sale of products |  | Ps. | 192,342 |  |  | Ps. | 181,823 |  |  | Ps. | 182,850 |
Services rendered |  |  | 385 |  |  |  | 330 |  |  |  | 262 |
Other operating revenues |  |  | 1,744 | (1) |  |  | 189 |  |  |  | 144 |
Revenue from contracts with customers |  | Ps. | 194,471 |  |  | Ps. | 182,342 |  |  | Ps. | 183,256 |

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