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Cash and Cash Equivalents

12 Months Ended

Dec. 31, 2022

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Cash and Cash Equivalents

9) CASH AND CASH EQUIVALENTS

As of December 31, 2022 and 2021, consolidated cash and cash equivalents consisted of:

		2022				2021
Cash and bank accounts		$	297				367
Fixed-income securities and other cash equivalents			198				246
		$	495				613

Based on net settlement agreements, the balance of cash and cash equivalents excludes deposits in margin accounts that guarantee several obligations of CEMEX of $6 in 2022 and $15 in 2021, which were offset against

the corresponding obligations of CEMEX with the counterparties, considering CEMEX’s right, ability and intention to settle the amounts on a net basis

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The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents]

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2022-03-24
-Paragraph 10
-Subparagraph e
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-URIDate 2022-03-24

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