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Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Disclosure of Exchange Rates of Local Currencies Translated to Mexican Pesos
  Exchange Rates of Local Currencies Translated to Mexican Pesos (1)
  Average Exchange Rate forExchange Rate as of December 31,
Country or Zone
Functional coin
20202019201820202019
Mexico Mexican peso1.001.001.001.001.00
Guatemala Quetzal2.782.502.562.562.45
Costa Rica Colon0.040.030.030.030.03
PanamaBalboa21.4919.2619.2419.9518.85
Colombia Colombian peso0.010.010.010.010.01
Nicaragua Cordoba0.630.580.610.570.56
Argentina Argentine peso0.310.410.730.240.31
Brazil Real4.184.895.293.844.68
Philippines Philippine pesoNANA0.37NANA
Uruguay Uruguayan peso0.510.550.630.470.51
(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, 2020, 2019, and 2018, the operations of the Company are classified as follows:

CountryCumulative Inflation 2018-2020Type of Economy Cumulative Inflation 2017-2019Type of Economy Cumulative Inflation 2016-2018Type of Economy
Mexico11.2%Non-hyperinflationary 13.2%Non-hyperinflationary 15.7%Non-hyperinflationary
Guatemala10.9%Non-hyperinflationary 11.8%Non-hyperinflationary 12.2%Non-hyperinflationary
Costa Rica4.5%Non-hyperinflationary5.8%Non-hyperinflationary5.7%Non-hyperinflationary
Panama(1.5)%Non-hyperinflationary0.5%Non-hyperinflationary2.1%Non-hyperinflationary
Colombia13.5%Non-hyperinflationary11.0%Non-hyperinflationary13.4%Non-hyperinflationary
Nicaragua8.8%Non-hyperinflationary15.6%Non-hyperinflationary13.1%Non-hyperinflationary
Argentina209.2%Hyperinflationary179.4%Hyperinflationary158.4%Hyperinflationary
Brazil13.1%Non-hyperinflationary11.1%Non-hyperinflationary13.1%Non-hyperinflationary
Uruguay28.5%Non-hyperinflationary22.0%Non-hyperinflationary25.3%Non-hyperinflationary
PhilippinesN/ANon-hyperinflationaryN/ANon-hyperinflationary11.9%Non-hyperinflationary
Schedule of Property, Plant and Equipment
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
CostLand Buildings Machinery and Equipment Refrigeration Equipment Returnable Bottles Investments in Fixed Assets in Progress Leasehold Improvements Other Total
Cost as of January 1, 2018Ps. 9,865Ps. 20,729Ps. 47,146Ps. 20,083Ps. 21,532Ps. 3,874Ps. 775Ps. 996125,000
Additions (1)3181,3569612,8884,578—959,917
Additions from business combinations254511,5005373931452413,094
Transfer of completed projects5043041,1601,7113(3,722)2020—
Disposals (50)(71)(555)(615)(312)—(1)(8)(1,612)
Disposal of Philippines(4,654)(2,371)(11,621)(2,415)(10,116)(489)(236)—(31,902)
Effects of changes in foreign exchange rates (388)(1,089)(3,072)(765)(251)(321)(81)(292)(6,259)
Changes in value on the recognition of inflation effects 2428142,55146661266—94,760
Cost as of December 31, 2018Ps. 5,575Ps. 18,775Ps. 38,465Ps. 19,963Ps. 14,749Ps. 4,131Ps. 479Ps. 861Ps. 102,998
CostLand Buildings Machinery and Equipment Refrigeration Equipment Returnable Bottles Investments in Fixed Assets in Progress Leasehold Improvements Other Total
Cost as of January 1, 2019Ps. 5,575Ps. 18,775Ps. 38,465Ps. 19,963Ps. 14,749Ps. 4,131Ps. 479Ps. 861Ps. 102,998
Additions (1)4273928162,5816,392—11210,324
Additions from business combinations14222750(13)——7(8)405
Transfer of completed projects in progress (253)5082,6501,396360(5,004)343——
Disposals(1)(35)(1,577)(1,032)(1,056)—(13)(35)(3,749)
Effects of changes in foreign exchange rates(323)(1,122)(2,315)(961)(833)(381)(34)(130)(6,099)
Changes in value on the recognition of inflation effects1143661,25424135218——2,345
Cost as of December 31, 2019Ps. 5,258Ps. 18,746Ps. 38,919Ps. 20,410Ps. 16,153Ps. 5,156Ps. 782Ps. 800Ps. 106,224
CostLand Buildings Machinery and Equipment Refrigeration Equipment Returnable Bottles Investments in Fixed Assets in Progress Leasehold Improvements Other Total
Cost as of January 1, 2020Ps. 5,258Ps. 18,746Ps. 38,919Ps. 20,410Ps. 16,153Ps. 5,156Ps. 782Ps. 800Ps. 106,224
Additions (1)—1041712812,6136,300—1869,655
Other additions158—87—————245
Transfer of completed projects in progress47213,1651,19257(5,187)48——
Disposals(13)(29)(1,425)(1,073)(561)(12)(5)(57)(3,175)
Effects of changes in foreign exchange rates(255)(1,182)(2,243)(797)(629)(333)(91)(78)(5,608)
Changes in value on the recognition of inflation effects88293990189291(30)3—1,824
Cost as of December 31, 2020Ps. 5,240Ps. 18,653Ps. 39,664Ps. 20,202Ps. 17,924Ps. 5,894Ps. 737Ps. 851Ps. 109,165
Accumulated DepreciationLand Buildings Machinery and Equipment Refrigeration Equipment Returnable Bottles Investments in Fixed Assets in Progress Leasehold Improvements Other Total
Accumulated depreciation as of January 1, 2018Ps. —Ps. (4,616)Ps. (19,620)Ps. (10,688)Ps. (13,422)Ps. —Ps. (330)Ps. (497)Ps. (49,173)
Depreciation for the year —(445)(2,880)(2,086)(2,827)— (35)(131)(8,404)
Disposals —15497579204—1—1,296
Philippines disposal—7006,1252,0837,225—77—16,210
Effects of changes in foreign exchange rates —154312244631—111431,495
Changes in value on the recognition of inflation effects —(222)(1,403)(338)(517)———(2,480)
Accumulated depreciation as of December 31, 2018Ps. —Ps. (4,414)Ps. (16,969)Ps. (10,206)Ps. (8,706)Ps. —Ps. (276)Ps. (485)Ps. (41,056)
Accumulated DepreciationLand Buildings Machinery and Equipment Refrigeration Equipment Returnable Bottles Investments in Fixed Assets in Progress Leasehold Improvements Other Total
Accumulated depreciation as of January 1, 2019Ps. —Ps. (4,414)Ps. (16,969)Ps. (10,206)Ps. (8,706)Ps. —Ps. (276)Ps. (485)Ps. (41,056)
Depreciation for the year—(386)(2,862)(2,211)(2,734)—(108)(86)(8,387)
Disposals—141,0499661,079—9283,145
Effects of changes in foreign exchange rates—2231,013583571—12622,464
Changes in value on the recognition of inflation effects—(92)(629)(164)(302)—(2)(14)(1,203)
Accumulated depreciation as of December 31, 2019Ps. —Ps. (4,655)Ps. (18,398)Ps. (11,032)Ps. (10,092)Ps. —Ps. (365)Ps. (495)Ps. (45,037)
Accumulated DepreciationLand Buildings Machinery and Equipment Refrigeration Equipment Returnable Bottles Investments in Fixed Assets in Progress Leasehold Improvements Other Total
Accumulated depreciation as of January 1, 2020Ps. —Ps. (4,655)Ps. (18,398)Ps. (11,032)Ps. (10,092)Ps. —Ps. (365)Ps. (495)Ps. (45,037)
Depreciation for the year—(490)(2,828)(2,148)(2,779)—(40)(130)(8,415)
Disposals—191,125989536—1362,706
Effects of changes in foreign exchange rates—165854464432—311652,111
Changes in value on the recognition of inflation effects—(82)(595)(132)(250)—(6)(5)(1,070)
Accumulated depreciation as of December 31, 2020Ps. —Ps. (5,043)Ps. (19,842)Ps. (11,859)Ps. (12,153)Ps. —Ps. (379)Ps. (429)Ps. (49,705)
Carrying AmountLand Buildings Machinery and Equipment Refrigeration Equipment Returnable Bottles Investments in Fixed Assets in Progress Leasehold Improvements Other Total
As of December 31, 2018Ps. 5,575Ps. 14,361Ps. 21,496Ps. 9,757Ps. 6,043Ps. 4,131Ps. 203Ps. 376Ps. 61,942
As of December 31, 2019Ps. 5,258Ps. 14,091Ps. 20,521Ps. 9,378Ps. 6,061Ps. 5,156Ps. 417Ps. 305Ps. 61,187
As of December 31, 2020Ps. 5,240Ps. 13,610Ps. 19,822Ps. 8,343Ps. 5,771Ps. 5,894Ps. 358Ps. 422Ps. 59,460

(1)Total includes Ps. 289, Ps. 610 and Ps. 415 outstanding payment to suppliers, as of December 31, 2020, 2019 and 2018 respectively
Summary of Revenue From Contracts With Customers
Sources of RevenueFor the year ended December 31, 2020For the year ended December 31, 2019For the year ended December 31, 2018
Sale of productsPs. 181,890Ps. 192,342Ps. 181,823
Services rendered327385330
Other operating revenues (1)1,7681,744189
Revenue from contracts with customersPs. 183,985Ps. 194,471Ps. 182,342
(1)In 2020 and 2019, related tax effect in Brazil associated to sales taxes paid in excess in prior years (PIS/COFINS) – See Note 25.2.1.