Assets Held for Sale and Other Current Assets

12 Months Ended

Dec. 31, 2021

Assets Held for Sale and Other Current Assets

14)	ASSETS HELD FOR SALE AND OTHER CURRENT ASSETS

14.1) ASSETS HELD FOR SALE (note 5.2)

As of December 31, 2021 and 2020, 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:


	2021						2020
	Assets		Liabilities		Net assets		Assets		Liabilities		Net assets

Costa Rica and El Salvador	$	77		39		38	$	—		—		—
White cement assets in Spain		—		—		—		107		—		107
Other assets held for sale 1		64		—		64		80		6		74

	$	141		39		102	$	187		6		181

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.

14.2) OTHER CURRENT ASSETS

As of December 31, 2021 and 2020, other current assets of $131 and $117, respectively, are mainly comprised of advance payments to vendors.