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Material Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure of voluntary change in accounting policy [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 for									Exchange Rate as of December 31,
Country or Zone			Functional currency			2023			2022			2021			2023			2022
Mexico			Mexican peso			1.00			1.00			1.00			1.00			1.00
Guatemala			Quetzal			2.27			2.60			2.62			2.16			2.47
Costa Rica			Colon			0.03			0.03			0.03			0.03			0.03
Panama			Balboa			17.77			20.13			20.28			16.89			19.36
Colombia			Colombian peso			0.004			0.005			0.005			0.004			0.004
Nicaragua			Cordoba			0.49			0.56			0.58			0.46			0.53
Argentina			Argentine peso			0.07			0.16			0.21			0.02			0.11
Brazil			Real			3.56			3.90			3.76			3.49			3.71
Uruguay			Uruguayan peso			0.46			0.49			0.47			0.43			0.48

(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, 2023, 2022, and 2021, the operations of the Company are classified as follows:

Country

Cumulative Inflation 2021-2023

Type of Economy

Cumulative Inflation 2020-2022

Type of Economy

Cumulative Inflation 2019-2021

Type of Economy

Mexico

21.1%

Non-hyperinflationary

19.4%

Non-hyperinflationary

13.9%

Non-hyperinflationary

Guatemala

17.3%

Non-hyperinflationary

18.0%

Non-hyperinflationary

11.7%

Non-hyperinflationary

Costa Rica

9.5%

Non-hyperinflationary

12.4%

Non-hyperinflationary

5.8%

Non-hyperinflationary

Panama

6.7%

Non-hyperinflationary

3.1%

Non-hyperinflationary

0.9%

Non-hyperinflationary

Colombia

30.6%

Non-hyperinflationary

21.4%

Non-hyperinflationary

11.4%

Non-hyperinflationary

Nicaragua

26.3%

Non-hyperinflationary

23.1%

Non-hyperinflationary

17.1%

Non-hyperinflationary

Argentina

815.6%

Hyperinflationary

300.3%

Hyperinflationary

216.1%

Hyperinflationary

Brazil

21.8%

Non-hyperinflationary

21.7%

Non-hyperinflationary

20.0%

Non-hyperinflationary

Uruguay

22.9%

Non-hyperinflationary

27.9%

Non-hyperinflationary

28.5%

Non-hyperinflationary

Schedule of Property, Plant and Equipment

The estimated useful lives of the Company’s principal assets are as follows:

			2023			2022
Buildings			20 - 50			20 - 50
Machinery and equipment			5 - 25			5 - 25
Distribution equipment			4 - 14			4 - 14
Refrigeration equipment			7 - 10			7 - 10
Returnable bottles			1.5 - 4			1.5 - 4
Other equipment			3 - 10			3 - 10

Cost			Land			Buildings			Machinery and Equipment			Refrigeration Equipment			Returnable Bottles			Investments in Fixed Assets in Progress			Leasehold Improvements			Other			Total
Cost as of January 1, 2021			Ps. 5,240			Ps. 18,653			Ps. 39,664			Ps. 20,202			Ps. 17,924			Ps. 5,894			Ps. 737			Ps. 851			Ps. 109,165
Additions (1)			—			21			61			427			3,655			7,911			—			217			12,292
Transfer of completed projects in progress			—			731			4,791			1,351			31			(7,001)			95			2			—
Disposals			(6)			(20)			(2,680)			(1,614)			(2,299)			—			(62)			(16)			(6,697)
Effects of changes in foreign exchange rates			(144)			(637)			(1,919)			(556)			(365)			(70)			(22)			(77)			(3,790)
Changes in value on the recognition of inflation effects			140			326			1,260			319			487			—			138			321			2,991
Cost as of December 31, 2021			Ps. 5,230			Ps. 19,074			Ps. 41,177			Ps. 20,129			Ps. 19,433			Ps. 6,734			Ps. 886			Ps. 1,298			Ps. 113,961
Cost			Land			Buildings			Machinery and Equipment			Refrigeration Equipment			Returnable Bottles			Investments in Fixed Assets in Progress			Leasehold Improvements			Other			Total
Cost as of January 1, 2022			Ps. 5,230			Ps. 19,074			Ps. 41,177			Ps. 20,129			Ps. 19,433			Ps. 6,734			Ps. 886			Ps. 1,298			Ps. 113,961
Additions (1)			267			38			399			939			4,123			12,641			26			294			18,727
Additions from business combinations			36			289			365			126			8			482			—			—			1,306
Transfer of completed projects in progress			139			1,477			4,248			2,485			645			(9,023)			27			2			—
Disposals			(18)			(209)			(858)			(1,072)			(381)			—			(27)			(9)			(2,574)
Effects of changes in foreign exchange rates			(424)			(1,157)			(3,225)			(1,277)			(1,708)			(438)			(15)			(172)			(8,416)
Changes in value on the recognition of inflation effects			222			735			2,474			536			849			7			—			—			4,823
Cost as of December 31, 2022			Ps. 5,452			Ps. 20,247			Ps. 44,580			Ps. 21,866			Ps. 22,969			Ps. 10,403			Ps. 897			Ps. 1,413			Ps. 127,827
Cost			Land			Buildings			Machinery and Equipment			Refrigeration Equipment			Returnable Bottles			Investments in Fixed Assets in Progress			Leasehold Improvements			Other			Total
Cost as of January 1, 2023			Ps. 5,452			Ps. 20,247			Ps. 44,580			Ps. 21,866			Ps. 22,969			Ps. 10,403			Ps. 897			Ps. 1,413			Ps. 127,827
Additions (1)			1			27			211			855			2,782			15,939			—			297			20,112
Transfer of completed projects in progress			72			1,506			5,415			2,346			2,110			(11,109)			(331)			(9)			—
Disposals			(8)			(44)			(1,071)			(1,245)			(270)			(2)			—			(3)			(2,643)
Effects of changes in foreign exchange rates			(475)			(1,908)			(4,788)			(1,298)			(2,155)			(550)			(51)			(116)			(11,341)
Changes in value on the recognition of inflation effects			177			592			1,895			400			655			128			—			—			3,847
Cost as of December 31, 2023			Ps. 5,219			Ps. 20,420			Ps. 46,242			Ps. 22,924			Ps. 26,091			Ps. 14,809			Ps. 515			Ps. 1,582			Ps. 137,802

(1) Total includes Ps. 499 , Ps. 1,971 and Ps. 3,784 outstanding payment to suppliers, as of December 31, 2023, 2022 and 2021 respectively

Accumulated Depreciation			Land			Buildings			Machinery and Equipment			Refrigeration Equipment			Returnable Bottles			Investments in Fixed Assets in Progress			Leasehold Improvements			Other			Total
Accumulated depreciation as of January 1, 2021			Ps. —			Ps. (5,043)			Ps. (19,842)			Ps. (11,859)			Ps. (12,153)			Ps. —			Ps. (379)			Ps. (429)			Ps. (49,705)
Depreciation for the year			—			(484)			(2,793)			(2,097)			(2,708)			—			(80)			(122)			(8,284)
Disposals			—			6			2,336			1,493			2,390			—			62			10			6,297
Effects of changes in foreign exchange rates			—			162			867			372			222			—			8			48			1,679
Changes in value on the recognition of inflation effects			—			(139)			(946)			(209)			(427)			—			(6)			(38)			(1,765)
Accumulated depreciation as of December 31, 2021			Ps. —			Ps. (5,498)			Ps. (20,378)			Ps. (12,300)			Ps. (12,676)			Ps. —			Ps. (395)			Ps. (531)			Ps. (51,778)
Accumulated Depreciation			Land			Buildings			Machinery and Equipment			Refrigeration Equipment			Returnable Bottles			Investments in Fixed Assets in Progress			Leasehold Improvements			Other			Total
Accumulated depreciation as of January 1, 2022			Ps. —			Ps. (5,498)			Ps. (20,378)			Ps. (12,300)			Ps. (12,676)			Ps. —			Ps. (395)			Ps. (531)			Ps. (51,778)
Depreciation for the year			—			(835)			(3,331)			(1,437)			(3,234)			—			(25)			(135)			(8,997)
Disposals			—			194			854			936			306			—			26			7			2,323
Effects of changes in foreign exchange rates			—			340			2,193			860			1,274			—			7			143			4,817
Changes in value on the recognition of inflation effects			—			(244)			(1,605)			(354)			(745)			—			(5)			(34)			(2,987)
Accumulated depreciation as of December 31, 2022			Ps. —			Ps. (6,043)			Ps. (22,267)			Ps. (12,295)			Ps. (15,075)			Ps. —			Ps. (392)			Ps. (550)			Ps. (56,622)
Accumulated Depreciation			Land			Buildings			Machinery and Equipment			Refrigeration Equipment			Returnable Bottles			Investments in Fixed Assets in Progress			Leasehold Improvements			Other			Total
Accumulated depreciation as of January 1, 2023			Ps. —			Ps. (6,043)			Ps. (22,267)			Ps. (12,295)			Ps. (15,075)			Ps. —			Ps. (392)			Ps. (550)			Ps. (56,622)
Depreciation for the year						(555)			(3,101)			(1,844)			(3,256)						(15)			(148)			(8,919)
Disposals						26			825			1,260			261						—			1			2,373
Effects of changes in foreign exchange rates						640			3,087			793			1,783						117			114			6,534
Changes in value on the recognition of inflation effects						(218)			(1,264)			(291)			(649)						(2)			(14)			(2,438)
Accumulated depreciation as of December 31, 2023			Ps. —			Ps. (6,150)			Ps. (22,720)			Ps. (12,377)			Ps. (16,936)			Ps. —			Ps. (292)			Ps. (597)			Ps. (59,072)

Carrying Amount

Land

Buildings

Machinery and Equipment

Refrigeration Equipment

Returnable Bottles

Investments in Fixed Assets in Progress

Leasehold Improvements

Other

Total

As of December 31, 2021

Ps. 5,230

Ps. 13,576

Ps. 20,799

Ps. 7,829

Ps. 6,757

Ps. 6,734

Ps. 491

Ps. 767

Ps. 62,183

As of December 31, 2022

Ps. 5,452

Ps. 14,204

Ps. 22,313

Ps. 9,571

Ps. 7,894

Ps. 10,403

Ps. 505

Ps. 863

Ps. 71,205

As of December 31, 2023

Ps. 5,219

Ps. 14,270

Ps. 23,522

Ps. 10,547

Ps. 9,155

Ps. 14,809

Ps. 223

Ps. 985

Ps. 78,730

Summary of Revenue From Contracts With Customers

Sources of Revenue			For the year ended December 31, 2023			For the year ended December 31, 2022			For the year ended December 31, 2021
Sale of products			Ps. 244,264			Ps. 226,222			Ps. 193,899
Services rendered			23			15			321
Other operating revenues			801			503			584
Revenue from contracts with customers			Ps. 245,088			Ps. 226,740			Ps. 194,804

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