XML 66 R20.htm IDEA: XBRL DOCUMENT
v3.19.1

Property, Machinery and Equipment, Net | 12 Months Ended
--- | ---
Dec. 31, 2018
Text block [abstract] |
Property, Machinery and Equipment, Net |
14) | PROPERTY, MACHINERY AND EQUIPMENT, NET
As of December 31, 2018 and 2017, consolidated property, machinery and equipment, net and the changes in such line item during 2018, 2017 and 2016, were as follows:
|  |  |  |  | 2018 |
|  |  |  |  | Land and mineral reserves1 |  |  | Building1 |  |  | Machinery and equipment2 |  |  | Construction in progress |  |  | Total |
Cost at beginning of period |  |  | Ps |  |  |  | 95,495 |  |  |  | 53,927 |  |  |  | 242,636 |  |  |  | 19,457 |  |  |  | 411,515 |
Accumulated depreciation and depletion |  |  |  |  |  |  | (16,842 | ) |  |  | (26,225 | ) |  |  | (136,288 | ) |  |  | — |  |  |  | (179,355 | )
Net book value at beginning of period |  |  |  |  |  |  | 78,653 |  |  |  | 27,702 |  |  |  | 106,348 |  |  |  | 19,457 |  |  |  | 232,160 |
Capital expenditures |  |  |  |  |  |  | 525 |  |  |  | 578 |  |  |  | 11,038 |  |  |  | — |  |  |  | 12,141 |
Additions through capital leases |  |  |  |  |  |  | — |  |  |  | — |  |  |  | 88 |  |  |  | — |  |  |  | 88 |
Stripping costs |  |  |  |  |  |  | 740 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 740 |
Total capital expenditures |  |  |  |  |  |  | 1,265 |  |  |  | 578 |  |  |  | 11,126 |  |  |  | — |  |  |  | 12,969 |
Disposals4 |  |  |  |  |  |  | (258 | ) |  |  | (116 | ) |  |  | (597 | ) |  |  | — |  |  |  | (971 | )
Reclassifications5 |  |  |  |  |  |  | (353 | ) |  |  | (45 | ) |  |  | (81 | ) |  |  | 580 |  |  |  | 101 |
Business combinations |  |  |  |  |  |  | 83 |  |  |  | — |  |  |  | 133 |  |  |  | — |  |  |  | 216 |
Depreciation and depletion for the period |  |  |  |  |  |  | (3,618 | ) |  |  | (2,001 | ) |  |  | (8,400 | ) |  |  | — |  |  |  | (14,019 | )
Impairment losses |  |  |  |  |  |  | (121 | ) |  |  | (33 | ) |  |  | (291 | ) |  |  | — |  |  |  | (445 | )
Foreign currency translation effects |  |  |  |  |  |  | 210 |  |  |  | (349 | ) |  |  | (5,733 | ) |  |  | 301 |  |  |  | (5,571 | )
Cost at end of period |  |  |  |  |  |  | 94,692 |  |  |  | 53,292 |  |  |  | 242,740 |  |  |  | 20,338 |  |  |  | 411,062 |
Accumulated depreciation and depletion |  |  |  |  |  |  | (18,831 | ) |  |  | (27,556 | ) |  |  | (140,235 | ) |  |  | — |  |  |  | (186,622 | )
Net book value at end of period |  |  | Ps |  |  |  | 75,861 |  |  |  | 25,736 |  |  |  | 102,505 |  |  |  | 20,338 |  |  |  | 224,440 |
|  |  |  |  | 2017 |  |  |  |
|  |  |  |  | Land and mineral reserves1 |  |  | Building1 |  |  | Machinery and equipment2 |  |  | Construction in progress |  |  | Total |  |  | 20163 |
Cost at beginning of period |  |  | Ps |  |  |  | 97,218 |  |  |  | 51,740 |  |  |  | 229,717 |  |  |  | 17,247 |  |  |  | 395,922 |  |  |  | 360,089 |
Accumulated depreciation and depletion |  |  |  |  |  |  | (16,301 | ) |  |  | (24,224 | ) |  |  | (125,263 | ) |  |  | — |  |  |  | (165,788 | ) |  |  | (143,395 | )
Net book value at beginning of period |  |  |  |  |  |  | 80,917 |  |  |  | 27,516 |  |  |  | 104,454 |  |  |  | 17,247 |  |  |  | 230,134 |  |  |  | 216,694 |
Capital expenditures |  |  |  |  |  |  | 547 |  |  |  | 802 |  |  |  | 8,165 |  |  |  | — |  |  |  | 9,514 |  |  |  | 12,676 |
Additions through capital leases |  |  |  |  |  |  | — |  |  |  | — |  |  |  | 2,096 |  |  |  | — |  |  |  | 2,096 |  |  |  | 7 |
Capitalization of financial expense |  |  |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 175 |
Stripping costs |  |  |  |  |  |  | 809 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 809 |  |  |  | 421 |
Total capital expenditures |  |  |  |  |  |  | 1,356 |  |  |  | 802 |  |  |  | 10,261 |  |  |  | — |  |  |  | 12,419 |  |  |  | 13,279 |
Disposals4 |  |  |  |  |  |  | (347 | ) |  |  | (223 | ) |  |  | (1,274 | ) |  |  | — |  |  |  | (1,844 | ) |  |  | (1,841 | )
Reclassifications5 |  |  |  |  |  |  | (784 | ) |  |  | (82 | ) |  |  | (768 | ) |  |  | — |  |  |  | (1,634 | ) |  |  | (4,549 | )
Business combinations |  |  |  |  |  |  | 2,179 |  |  |  | 749 |  |  |  | 3,136 |  |  |  | 428 |  |  |  | 6,492 |  |  |  | — |
Depreciation and depletion for the period |  |  |  |  |  |  | (2,571 | ) |  |  | (1,967 | ) |  |  | (9,413 | ) |  |  | — |  |  |  | (13,951 | ) |  |  | (14,037 | )
Impairment losses |  |  |  |  |  |  | (202 | ) |  |  | (1 | ) |  |  | (763 | ) |  |  | (18 | ) |  |  | (984 | ) |  |  | (1,899 | )
Foreign currency translation effects |  |  |  |  |  |  | (1,895 | ) |  |  | 908 |  |  |  | 715 |  |  |  | 1,800 |  |  |  | 1,528 |  |  |  | 22,487 |
Cost at end of period |  |  |  |  |  |  | 95,495 |  |  |  | 53,927 |  |  |  | 242,636 |  |  |  | 19,457 |  |  |  | 411,515 |  |  |  | 395,922 |
Accumulated depreciation and depletion |  |  |  |  |  |  | (16,842 | ) |  |  | (26,225 | ) |  |  | (136,288 | ) |  |  | — |  |  |  | (179,355 | ) |  |  | (165,788 | )
Net book value at end of period |  |  | Ps |  |  |  | 78,653 |  |  |  | 27,702 |  |  |  | 106,348 |  |  |  | 19,457 |  |  |  | 232,160 |  |  |  | 230,134 |
1 | Includes corporate buildings and related land sold to financial institutions in previous years, which were leased back. The aggregate carrying amount of these assets as of December 31, 2018 and 2017 was Ps1,602 and Ps1,690, respectively.
2 | Includes assets, mainly mobile equipment, acquired through finance leases, which carrying amount as of December 31, 2018 and 2017 was Ps88 and Ps2,096, respectively.
3 | In 2016, CEMEX Colombia concluded the construction of a cement plant in the municipality of Maceo in the Antioquia department in Colombia with an annual capacity of approximately 1.1 million tons. The plant has not initiated commercial operations. As of the reporting date, the works related to the access road to the plant remain suspended and the beginning of commercial operations is subject to the successful conclusion of several ongoing processes related to certain operating permits and other legal proceedings (note 24.1). As a result internal audits of the project, in 2016, CEMEX Colombia reduced construction in progress for Ps483 (US$23), of which, Ps295 (US$14) were recognized as impairment losses against “Other expenses, net” in connection with the write off of certain advances for the purchase of land through a representative have low probability for their recoverability due to deficiencies in the legal processes, and Ps188 (US$9) were decreased against “Other accounts payable” in connection with the cancellation of the portion payable of such assets (note 24.1). As of December 31, 2018, the carrying amount of the plant, net of adjustments, is for an amount in Colombian pesos equivalent to US$280 (Ps5,502).
4 | In 2018, includes sales of non-strategic fixed assets in the United States, Spain and Mexico for Ps371, Ps158 and Ps125, respectively. In 2017, includes sales of non-strategic fixed assets in Mexico, the United States and Spain for Ps343, Ps223 and Ps220, respectively. In 2016, includes sales of non-strategic fixed assets in the United States, Mexico, and France for Ps317, Ps281 and Ps165, respectively.
5 | In 2018, refers mainly to the reclassification of the assets in Spain for Ps580 (note 12.1). In 2017, refers mainly to those assets of the Pacific Northwest Materials Business in the United States for Ps1,634 (note 4.2). In 2016, refers mainly to those assets of the Concrete Pipe Business in the United States for Ps2,747, as well as other disposal groups in the United States reclassified to assets available for sale for Ps1,386.
As a result of impairment tests conducted on several CGUs considering certain triggering events, mainly: a) the closing and/or reduction of operations of cement and ready-mix concrete plants resulting from adjusting the supply to current demand conditions, such as the situation in Puerto Rico in the last quarter of 2016 due to the adverse outlook and the overall uncertain economic conditions in such country; b) the transferring of installed capacity to more efficient plants, such as the change in operating model of a cement mill to distribution center in Colombia; as well as c) the recoverability of certain investments in Colombia as described above, for the years ended December 31, 2018, 2017 and 2016, CEMEX adjusted the related fixed assets to their estimated value in use in those circumstances in which the assets would continue in operation based on estimated cash flows during the remaining useful life, or to their realizable value, in case of permanent shut down, and recognized impairment losses within the line item of “Other expenses, net” (notes 2.10 and 6). During the years ended December 31, 2018, 2017 and 2016 impairment losses of fixed assets by country are as follows:
|  |  |  |  | 2018 |  |  | 2017 |  |  | 2016 |
United States |  |  | Ps |  |  |  | 252 |  |  |  | 153 |  |  |  | 277 |
Poland |  |  |  |  |  |  | 94 |  |  |  | — |  |  |  | — |
Colombia |  |  |  |  |  |  | 37 |  |  |  | — |  |  |  | 454 |
Spain |  |  |  |  |  |  | 35 |  |  |  | 452 |  |  |  | — |
Mexico |  |  |  |  |  |  | 25 |  |  |  | 45 |  |  |  | 46 |
Czech Republic |  |  |  |  |  |  | — |  |  |  | 157 |  |  |  | — |
Panama |  |  |  |  |  |  | — |  |  |  | 56 |  |  |  | — |
France |  |  |  |  |  |  | — |  |  |  | 50 |  |  |  | — |
Latvia |  |  |  |  |  |  | — |  |  |  | 46 |  |  |  | — |
Puerto Rico |  |  |  |  |  |  | — |  |  |  | — |  |  |  | 1,087 |
Others |  |  |  |  |  |  | 2 |  |  |  | 25 |  |  |  | 35 |
|  |  | Ps |  |  |  | 445 |  |  |  | 984 |  |  |  | 1,899 |

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 property, plant and equipment. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 16 -IssueDate 2018-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=16&date=2018-03-01&anchor=sect_Disclosure&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration