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Equity Accounted Investees, Other Investments and Non-Current Accounts Receivable (Tables) | 12 Months Ended
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Dec. 31, 2021
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Summary of Main Investments in Common Shares of Associates | As of December 31, 2021 and 2020, the investments in common shares of associates were as follows:
|  | Activity |  |  | Country |  |  | % |  |  | 2021 |  |  | 2020 |
Camcem, S.A. de C.V. |  |  | Cement |  |  |  | Mexico |  |  |  | 40.1 |  |  | $ | 269 |  |  |  | 244 |
Concrete Supply Co. LLC |  |  | Concrete |  |  |  | United States |  |  |  | 40.0 |  |  |  | 90 |  |  |  | 81 |
Lehigh White Cement Company |  |  | Cement |  |  |  | United States |  |  |  | 36.8 |  |  |  | 69 |  |  |  | 62 |
Société d’Exploitation de Carrières |  |  | Aggregates |  |  |  | France |  |  |  | 50.0 |  |  |  | 22 |  |  |  | 21 |
Société Méridionale de Carrières |  |  | Aggregates |  |  |  | France |  |  |  | 33.3 |  |  |  | 12 |  |  |  | 14 |
Other companies |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 73 |  |  |  | 88 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 535 |  |  |  | 510 |
Out of which: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Book value at acquisition date |  |  | $ | 303 |  |  |  | 311 |
Changes in stockholders’ equity |  |  | $ | 232 |  |  |  | 199 |
Summary of Combined Condensed Statement of Financial Position | Combined condensed statement of financial position information of CEMEX’s equity accounted investees as of December 31, 2021 and 2020 is set forth below:
|  | 2021 |  |  | 2020 |
Current assets |  | $ | 1,424 |  |  |  | 1,240 |
Non-current assets |  |  | 1,718 |  |  |  | 1,662 |
Total assets |  |  | 3,142 |  |  |  | 2,902 |
Current liabilities |  |  | 532 |  |  |  | 496 |
Non-current liabilities |  |  | 737 |  |  |  | 766 |
Total liabilities |  |  | 1,269 |  |  |  | 1,262 |
Total net assets |  | $ | 1,873 |  |  |  | 1,640 |
Summary of Combined Selected Information of the Statements of Operations | Combined selected information of the statements of operations of CEMEX’s equity accounted investees in 2021, 2020 and 2019 is set forth below:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Sales |  | $ | 1,801 |  |  |  | 1,759 |  |  |  | 1,600 |
Operating earnings |  |  | 312 |  |  |  | 296 |  |  |  | 237 |
Income before income tax |  |  | 219 |  |  |  | 175 |  |  |  | 158 |
Net income |  |  | 153 |  |  |  | 128 |  |  |  | 118 |
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 2021, 2020 and 2019 is detailed as follows:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Mexico |  | $ | 28 |  |  |  | 30 |  |  |  | 23 |
United States |  |  | 18 |  |  |  | 15 |  |  |  | 18 |
EMEAA |  |  | 8 |  |  |  | 6 |  |  |  | 10 |
Corporate and others |  |  | — |  |  |  | (2 | ) |  |  | (2 | )
|  | $ | 54 |  |  |  | 49 |  |  |  | 49 |
Summary of Other Investments and Non-current Accounts Receivable | As of December 31, 2021 and 2020, consolidated other investments and non-current accounts receivable were summarized as follows:
|  | 2021 |  |  | 2020 |
Non-current accounts receivable 1 |  | $ | 204 |  |  |  | 246 |
Investments in strategic equity securities 2 |  |  | 14 |  |  |  | 23 |
Non-current portion of valuation of derivative financial instruments (note 18.4) |  |  | 22 |  |  |  | 3 |
Investments at fair value through the income statement 3 |  |  | 3 |  |  |  | 3 |
|  | $ | 243 |  |  |  | 275 |
1 | Includes, among other items: a) accounts receivable from investees and joint ventures of $21 million in 2021 and $36 in 2020, b) advances to suppliers of fixed assets of $35 in 2021 and $47 in 2020, c) employee prepaid compensation of $7 in 2021 and $6 in 2020, and d) warranty deposits of $27 in 2021 and $29 in 2020.
2 | These investments are recognized at fair value through other comprehensive income.
3 | Refers to investments in private funds. In 2021 and 2020, no contributions were made to such private funds.

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