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Assets Held for Sale and Other Current Asset

12 Months Ended

Dec. 31, 2020

Assets Held for Sale and Other Current Asset

13)	ASSETS HELD FOR SALE AND OTHER CURRENT ASSETS

13.1)

ASSETS HELD FOR SALE (note 5.2)

As of December 31, 2020 and 2019, assets held for sale, which are measured at the lower of their estimated realizable value, less costs to sell, and their carrying amounts, as well as liabilities directly related with such assets are detailed as follows:


		2020							2019
		Assets		Liabilities		Net assets			Assets		Liabilities		Net assets
White cement assets in Spain	$		107		—		107	$		106		—		106
Kosmos’ assets in the United States			—		—		—			457		14		443
Assets in the United Kingdom			—		—		—			229		23		206
Other assets held for sale 1			80		6		74			47		—		47

	$		187		6		181	$		839		37		802

1	In 2020, includes assets and liabilities of $26 and $6, respectively, associated with a committed sale of certain assets in France negotiated in December 2020.

CEMEX recognized within the line item “Other expenses, net” adjustments in the fair value of its assets held for sale representing losses of $23 in 2020 and $30 in 2018.

13.2)

OTHER CURRENT ASSETS

As of December 31, 2020 and 2019, other current assets are mainly comprised of advance payments to vendors.