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Cash and Cash Equivalents | 12 Months Ended
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Dec. 31, 2020
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Cash and Cash Equivalents |
9) | CASH AND CASH EQUIVALENTS
As of December 31, 2020 and 2019, consolidated cash and cash equivalents consisted of:
|  |  |  |  | 2020 |  |  | 2019 |
Cash and bank accounts |  | $ |  |  |  |  | 501 |  |  |  | 547 |
Fixed-income securities and other cash equivalents |  |  |  |  |  |  | 449 |  |  |  | 241 |
|  | $ |  |  |  |  | 950 |  |  |  | 788 |
Based on net settlement agreements, the balance of cash and cash equivalents excludes deposits in margin accounts that guarantee several obligations of CEMEX of $32 in 2020 and $27 in 2019, which were offset against the corresponding obligations of CEMEX with the counterparties, considering CEMEX’s right, ability and intention to settle the amounts on a net basis.

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- Definition The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_10_e&doctype=Standard -URIDate 2020-01-01 + Details
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