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Revenue (Tables)

12 Months Ended

Dec. 31, 2023

For the years ended December 31, 2023, 2022 and 2021, revenues were as follows:


		2023		2022		2021
From the sale of goods associated to Cemex’s main activities 1	$		16,904		15,137		14,009
From the sale of other goods and services 2			484		440		370

	$		17,388		15,577		14,379

1	During the reported periods, revenues recognized over time under construction contracts were not significant.

2	Refers mainly to revenues generated by subsidiaries not individually significant operating in different lines of business.

For the years ended December 31, 2023, 2022 and 2021 changes in the balance of contract liabilities with customers are as follows:


		2023			2022			2021
Opening balance of contract liabilities with customers	$		293			257			201
Increase during the period for new transactions			1,603			1,493			1,626
Decrease during the period for exercise or expiration of incentives			(1,519	)		(1,458	)		(1,574	)
Currency translation effects			7			1			4

Closing balance of contract liabilities with customers	$		384			293			257

For the years 2023, 2022 and 2021, any costs capitalized as contract fulfillment assets and released over the contract life according to IFRS 15,

Revenues from contracts with customers

were not significant.