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Equity Accounted Investees, Other Investments and Non-Current Accounts Receivable (Tables) | 12 Months Ended
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Dec. 31, 2020
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Summary of Main Investments in Common Shares of Associates | As of December 31, 2020 and 2019, the investments in common shares of associates were as follows:
|  | Activity |  | Country |  |  | % |  |  |  |  |  | 2020 |  |  | 2019 |
Camcem, S.A. de C.V. |  | Cement |  |  | Mexico |  |  |  | 40.1 |  |  | $ |  |  |  |  | 244 |  |  |  | 229 |
Concrete Supply Co. LLC |  | Concrete |  |  | United States |  |  |  | 40.0 |  |  |  |  |  |  |  | 81 |  |  |  | 75 |
Lehigh White Cement Company |  | Cement |  |  | United States |  |  |  | 36.8 |  |  |  |  |  |  |  | 62 |  |  |  | 64 |
Société d’Exploitation de Carrières |  | Aggregates |  |  | France |  |  |  | 50.0 |  |  |  |  |  |  |  | 21 |  |  |  | 17 |
Société Méridionale de Carrières |  | Aggregates |  |  | France |  |  |  | 33.3 |  |  |  |  |  |  |  | 14 |  |  |  | 15 |
Other companies |  | — |  |  | — |  |  |  | — |  |  |  |  |  |  |  | 88 |  |  |  | 81 |
|  |  |  |  |  |  |  |  |  |  |  | $ |  |  |  |  | 510 |  |  |  | 481 |
Out of which: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Book value at acquisition date |  |  |  |  |  |  |  |  |  |  |  | $ |  |  |  |  | 311 |  |  |  | 331 |
Changes in stockholders’ equity |  |  |  |  |  |  |  |  |  |  |  | $ |  |  |  |  | 199 |  |  |  | 150 |
Summary of Combined Condensed Statement of Financial Position | Combined condensed statement of financial position information of CEMEX’s associates as of December 31, 2020 and 2019 is set forth below:
|  |  |  |  | 2020 |  |  | 2019 |
Current assets |  | $ |  |  |  |  | 1,240 |  |  |  | 982 |
Non-current assets |  |  |  |  |  |  | 1,662 |  |  |  | 1,757 |
Total assets |  |  |  |  |  |  | 2,902 |  |  |  | 2,739 |
Current liabilities |  |  |  |  |  |  | 496 |  |  |  | 326 |
Non-current liabilities |  |  |  |  |  |  | 766 |  |  |  | 898 |
Total liabilities |  |  |  |  |  |  | 1,262 |  |  |  | 1,224 |
Total net assets |  | $ |  |  |  |  | 1,640 |  |  |  | 1,515 |
Summary of Combined Selected Information of the Statements of Operations | Combined selected information of the statements of operations of CEMEX’s associates in 2020, 2019 and 2018 is set forth below:
|  |  |  |  | 2020 |  |  | 2019 |  |  | 2018 |
Sales |  | $ |  |  |  |  | 1,759 |  |  |  | 1,600 |  |  |  | 1,449 |
Operating earnings |  |  |  |  |  |  | 296 |  |  |  | 237 |  |  |  | 224 |
Income before income tax |  |  |  |  |  |  | 175 |  |  |  | 158 |  |  |  | 110 |
Net income |  |  |  |  |  |  | 128 |  |  |  | 118 |  |  |  | 86 |
Summary of Share of Profit of Equity Accounted Investees by Reportable Segment | The share of equity accounted investees by reportable segment in the statements of operations for 2020, 2019 and 2018 is detailed as follows:
|  |  |  |  | 2020 |  |  | 2019 |  |  | 2018 |
Mexico |  | $ |  |  |  |  | 30 |  |  |  | 23 |  |  |  | 13 |
United States |  |  |  |  |  |  | 15 |  |  |  | 18 |  |  |  | 15 |
EMEAA |  |  |  |  |  |  | 6 |  |  |  | 10 |  |  |  | 7 |
Corporate and others |  |  |  |  |  |  | (2 | ) |  |  | (2 | ) |  |  | (1 | )
|  | $ |  |  |  |  | 49 |  |  |  | 49 |  |  |  | 34 |
Summary of Other Investments and Non-current Accounts Receivable | As of December 31, 2020 and 2019, consolidated other investments and non-current accounts receivable were summarized as follows:
|  |  |  |  | 2020 |  |  | 2019 |
Non-current accounts receivable 1 |  | $ |  |  |  |  | 246 |  |  |  | 197 |
Investments at fair value through the income statement 2 |  |  |  |  |  |  | 23 |  |  |  | 34 |
Non-current portion of valuation of derivative financial instruments (note 17.4) |  |  |  |  |  |  | 3 |  |  |  | 2 |
Investments in strategic equity securities 3 |  |  |  |  |  |  | 3 |  |  |  | 3 |
|  | $ |  |  |  |  | 275 |  |  |  | 236 |
1 | Includes, among other items: a) accounts receivable from investees and joint ventures of $36 in 2020 and $32 in 2019, b) advances to suppliers of fixed assets of $47 in 2020 and $32 in 2019, c) employee prepaid compensation of $6 in 2020 and $7 in 2019, d) refundable taxes of $10 in 2019; and e) warranty deposits of $29 in 2020 and $33 in 2019.
2 | Refers to investments in private funds and investments related to employee’ savings funds. In 2020 and 2019, no contributions were made to such private funds.
3 | This line item refers mainly to a strategic investment in CPOs of Axtel, S.A.B. de C.V. (“Axtel”). This investment is recognized at fair value through other comprehensive income.

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