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Revenue and Construction Contracts (Tables)

12 Months Ended

Dec. 31, 2020

Summary of Revenue, After Sales and Eliminations Between Related Parties Resulting from Consolidation

CEMEX grants credit for terms ranging from 15 to 90 days depending on the type and risk of each customer. For the years ended December 31, 2020, 2019 and 2018, revenue is as follows:


		2020		2019		2018
From the sale of goods associated to CEMEX’s main activities 1	$		12,485		12,605		13,018
From the sale of services 2			145		147		159
From the sale of other goods and services 3			340		378		354

	$		12,970		13,130		13,531

Disclosure of recognised revenue from construction contracts

As of December 31, 2020 and 2019, amounts receivable for progress billings to and advances received from customers of construction contracts were not significant. For 2020, 2019 and 2018, revenues and costs related to construction contracts in progress were as follows:


		Accrued 1			2020			2019			2018
Revenue from construction contracts included in consolidated revenues 2	$		112			101			79			72
Costs incurred in construction contracts included in consolidated cost of sales 3			(111	)		(101	)		(79	)		(68	)

Construction contracts gross operating profit	$		1			—			—			4

Summary of Changes in the Balance of Contract Liabilities with Customers

For the years ended December 31, 2020, 2019 and 2018 changes in the balance of contract liabilities with customers are as follows:


		2020			2019			2018
Opening balance of contract liabilities with customers	$		225			234			237
Increase during the period for new transactions			1,536			1,931			1,763
Decrease during the period for exercise or expiration of incentives			(1,561	)		(1,946	)		(1,762	)
Currency translation effects			1			6			(4	)

Closing balance of contract liabilities with customers	$		201			225			234