XML 55 R9.htm IDEA: XBRL DOCUMENT
v3.19.1

Revenue and Construction Contracts | 12 Months Ended
--- | ---
Dec. 31, 2018
Text block [abstract] |
Revenue and Construction Contracts |
3) | REVENUE AND CONSTRUCTION CONTRACTS
CEMEX’s revenues are mainly originated from the sale and distribution of cement, ready-mix concrete, aggregates and other construction materials and services. CEMEX grants credit for terms ranging from 15 to 90 days depending of the type and risk of each customer. For the years ended December 31, 2018, 2017 and 2016, revenue, after eliminations between related parties resulting from consolidation, is as follows:
|  |  |  |  | 2018 |  |  | 2017 |  |  | 2016 |
From the sale of goods associated to CEMEX’s main activities1 |  |  | Ps |  |  |  | 265,584 |  |  |  | 246,135 |  |  |  | 239,230 |
From the sale of services2 |  |  |  |  |  |  | 3,064 |  |  |  | 3,313 |  |  |  | 3,110 |
From the sale of other goods and services3 |  |  |  |  |  |  | 8,207 |  |  |  | 7,989 |  |  |  | 7,137 |
|  |  | Ps |  |  |  | 276,855 |  |  |  | 257,437 |  |  |  | 249,477 |
1 | Includes in each period revenue generated under construction contracts that are presented in the table below.
2 | Refers mainly to revenues generated by Neoris N.V. and its subsidiaries, involved in providing information technology solutions and services.
3 | Refers mainly to revenues generated by subsidiaries not individually significant operating in different lines of business.
Information of revenues by reportable segment and line of business for the years 2018, 2017 and 2016 is presented in note 4.4. As of December 31, 2018 and 2017, amounts receivable for progress billings to customers of construction contracts and/or advances received by CEMEX from these customers were not significant. For 2018, 2017 and 2016, revenues and costs related to construction contracts in progress were as follows:
|  |  |  |  | Accrued1 |  |  | 2018 |  |  | 2017 |  |  | 2016 |
Revenue from construction contracts included in consolidated revenues2 |  |  | Ps |  |  |  | 1,063 |  |  |  | 1,383 |  |  |  | 992 |  |  |  | 1,033 |
Costs incurred in construction contracts included in consolidated cost of sales3 |  |  |  |  |  |  | (1,055 | ) |  |  | (1,312 | ) |  |  | (1,205 | ) |  |  | (1,133 | )
Construction contracts gross operating profit (loss) |  |  | Ps |  |  |  | 8 |  |  |  | 71 |  |  |  | (213 | ) |  |  | (100 | )
1 | Revenues and costs recognized from inception of the contracts until December 31, 2018 in connection with those projects still in progress.
2 | Revenues from construction contracts during 2018, 2017 and 2016, were mainly obtained in Mexico and Colombia.
3 | Refers to actual costs incurred during the periods.
Under IFRS 15, some commercial practices of CEMEX, in the form of certain promotions and/or discounts and rebates offered as part of the sale transaction, result in that a portion of the transaction price should be allocated to such commercial incentives as separate performance obligations, recognized as contract liabilities with customers, and deferred to the income statement during the period in which the incentive is exercised by the customer or until it expires. For the years ended December 31, 2018, 2017 and 2016 changes in the balance of contract liabilities with customers are as follows:
|  |  |  |  | 2018 |  |  | 2017 |  |  | 2016 |
Opening balance of contract liabilities with customers |  |  | Ps |  |  |  | 770 |  |  |  | 645 |  |  |  | 660 |
Increase during the period for new transactions |  |  |  |  |  |  | 1,070 |  |  |  | 1,156 |  |  |  | 1,040 |
Decrease during the period for exercise or expiration of incentives |  |  |  |  |  |  | (890 | ) |  |  | (1,148 | ) |  |  | (1,038 | )
Currency translation effects |  |  |  |  |  |  | (175 | ) |  |  | 117 |  |  |  | (17 | )
Closing balance of contract liabilities with customers |  |  | Ps |  |  |  | 775 |  |  |  | 770 |  |  |  | 645 |
For the years 2018, 2017 and 2016, CEMEX did not identify any costs required to be capitalized as contract fulfilment assets and released over the contract life according to IFRS 15.

X
- Definition Text block [abstract] + References No definition available. + Details
Name: | cx_TextBlockAbstract
Namespace Prefix: | cx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for revenue. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_10_e&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfRevenueExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration