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Inventories | 12 Months Ended
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Dec. 31, 2021
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Inventories |
13) | INVENTORIES
As of December 31, 2021 and 2020, the consolidated balance of inventories was summarized as follows:
|  | 2021 |  |  | 2020 |
Finished goods |  | $ | 343 |  |  |  | 309 |
Materials and spare parts |  |  | 372 |  |  |  | 271 |
Raw materials |  |  | 242 |  |  |  | 192 |
Work-in-process |  |  | 225 |  |  |  | 164 |
Inventory in transit |  |  | 79 |  |  |  | 35 |
|  | $ | 1,261 |  |  |  | 971 |
For the years ended December 31, 2021, 2020 and 2019, CEMEX recognized within “Cost of sales” in the income statement, inventory impairment losses of $4, $9 and $6, respectively.

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- Definition The entire disclosure for inventories. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 2 -IssueDate 2021-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=2&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS02_g36-39__IAS02_g36-39_TI -URIDate 2021-03-24 + Details
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