XML 178 R71.htm IDEA: XBRL DOCUMENT v3.25.1
Business Combinations, Divestitures and Discontinued Operations and Selected Financial Information by Reportable Segment and Line of Business - Summary of Consolidating Statements of Operations by Geographic Operating Segments (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Disclosure of operating segments [line items]      
External revenues $ 16,200 $ 16,554 $ 14,706
Operating EBITDA 3,078 3,149 2,433
Less: Depreciation and amortization 1,250 1,190 1,072
Operating earnings before other expenses, net 1,828 1,959 1,361
Other expenses, net (7) (211) (488)
Financial expense (555) (539) (505)
Financial income and other items, net (379) 16 172
Reportable segments [member]      
Disclosure of operating segments [line items]      
External revenues 15,732 16,103 14,293
Operating EBITDA 3,378 3,420 2,707
Less: Depreciation and amortization 1,108 1,071 984
Operating earnings before other expenses, net 2,270 2,349 1,723
Other expenses, net (149) (184) (407)
Financial expense (177) (170) (128)
Financial income and other items, net (315) 48 26
Other activities [member]      
Disclosure of operating segments [line items]      
External revenues [1] 468 451 413
Operating EBITDA [1] (300) (271) (274)
Less: Depreciation and amortization [1] 142 119 88
Operating earnings before other expenses, net [1] (442) (390) (362)
Other expenses, net [1] 142 (27) (81)
Financial expense [1] (378) (369) (377)
Financial income and other items, net [1] (64) (32) 146
Mexico [member]      
Disclosure of operating segments [line items]      
External revenues 4,745 4,855 3,642
Mexico [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) 4,881 5,060 3,842
Less: Intragroup transactions (136) (205) (200)
External revenues 4,745 4,855 3,642
Operating EBITDA 1,475 1,488 1,133
Less: Depreciation and amortization 207 221 172
Operating earnings before other expenses, net 1,268 1,267 961
Other expenses, net (26) (59) (69)
Financial expense (38) (39) (28)
Financial income and other items, net (269) 105 32
United States [member]      
Disclosure of operating segments [line items]      
External revenues 5,194 5,338 5,034
United States [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) 5,194 5,338 5,038
Less: Intragroup transactions     (4)
External revenues 5,194 5,338 5,034
Operating EBITDA 1,031 1,040 762
Less: Depreciation and amortization 514 483 455
Operating earnings before other expenses, net 517 557 307
Other expenses, net (4) (31) (205)
Financial expense (74) (75) (55)
Financial income and other items, net (33) (30) (21)
United Kingdom [member]      
Disclosure of operating segments [line items]      
External revenues 953 992 982
United Kingdom [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) 953 992 982
External revenues 953 992 982
Operating EBITDA 186 193 195
Less: Depreciation and amortization 91 72 60
Operating earnings before other expenses, net 95 121 135
Other expenses, net (6) (6) (8)
Financial expense (14) (14) (8)
Financial income and other items, net 15 (17) (8)
France [member]      
Disclosure of operating segments [line items]      
External revenues 756 842 781
France [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) 756 842 781
External revenues 756 842 781
Operating EBITDA 34 53 63
Less: Depreciation and amortization 42 54 50
Operating earnings before other expenses, net (8) (1) 13
Other expenses, net (56) (39) 1
Financial expense (16) (15) (10)
Financial income and other items, net 1 (1) 2
Germany [member]      
Disclosure of operating segments [line items]      
External revenues 424 447 439
Germany [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) 476 497 485
Less: Intragroup transactions (52) (50) (46)
External revenues 424 447 439
Operating EBITDA 23 37 40
Less: Depreciation and amortization 34 32 28
Operating earnings before other expenses, net (11) 5 12
Other expenses, net 2 (3) 2
Financial expense (3) (2) (2)
Financial income and other items, net (5) (5) (3)
Poland [member]      
Disclosure of operating segments [line items]      
External revenues 542 466 415
Poland [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) 543 467 419
Less: Intragroup transactions (1) (1) (4)
External revenues 542 466 415
Operating EBITDA 100 72 64
Less: Depreciation and amortization 27 24 22
Operating earnings before other expenses, net 73 48 42
Other expenses, net (1) 1 1
Financial expense (3) (2) (2)
Financial income and other items, net   2 4
Spain [member]      
Disclosure of operating segments [line items]      
External revenues 409 411 346
Spain [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) 455 449 382
Less: Intragroup transactions (46) (38) (36)
External revenues 409 411 346
Operating EBITDA 60 71 6
Less: Depreciation and amortization 29 31 28
Operating earnings before other expenses, net 31 40 (22)
Other expenses, net (13) 3 (113)
Financial expense (4) (2) (2)
Financial income and other items, net (1) 1 2
Israel [member]      
Disclosure of operating segments [line items]      
External revenues 724 794 840
Israel [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) 724 794 840
External revenues 724 794 840
Operating EBITDA 79 90 112
Less: Depreciation and amortization 37 33 46
Operating earnings before other expenses, net 42 57 66
Other expenses, net (1) 5 5
Financial expense (8) (6) (4)
Financial income and other items, net 1 1  
Rest of EMEA [member]      
Disclosure of operating segments [line items]      
External revenues 784 766 706
Rest of EMEA [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) 784 770 707
Less: Intragroup transactions   (4) (1)
External revenues 784 766 706
Operating EBITDA 155 147 116
Less: Depreciation and amortization 47 48 55
Operating earnings before other expenses, net 108 99 61
Other expenses, net (8) (7) (10)
Financial expense (7) (6) (4)
Financial income and other items, net (5) (6) 2
Colombia [member]      
Disclosure of operating segments [line items]      
External revenues 466 458 429
Colombia [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) [2] 468 458 429
Less: Intragroup transactions [2] (2)    
External revenues [2] 466 458 429
Operating EBITDA [2] 65 62 61
Less: Depreciation and amortization [2] 27 25 24
Operating earnings before other expenses, net [2] 38 37 37
Other expenses, net [2] (11) (19) 12
Financial expense [2] (4) (6) (7)
Financial income and other items, net [2] (15) (1) 22
Panama [member]      
Disclosure of operating segments [line items]      
External revenues 125 132 115
Panama [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) [2] 148 158 149
Less: Intragroup transactions [2] (23) (26) (34)
External revenues [2] 125 132 115
Operating EBITDA [2] 29 35 28
Less: Depreciation and amortization [2] 17 17 16
Operating earnings before other expenses, net [2] 12 18 12
Other expenses, net [2] (2) (2) (2)
Financial expense [2] (1)    
Caribbean TCL [member]      
Disclosure of operating segments [line items]      
External revenues 309 317 294
Caribbean TCL [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) [3] 330 329 302
Less: Intragroup transactions [3] (21) (12) (8)
External revenues [3] 309 317 294
Operating EBITDA [3] 87 78 74
Less: Depreciation and amortization [3] 20 20 17
Operating earnings before other expenses, net [3] 67 58 57
Other expenses, net [3] (18) (17) (19)
Financial expense [3] (3) (2) (4)
Financial income and other items, net [3] (4) (2) (1)
Rest of South, Central America and the Caribbean [member]      
Disclosure of operating segments [line items]      
External revenues 301 285 270
Rest of South, Central America and the Caribbean [member] | Reportable segments [member]      
Disclosure of operating segments [line items]      
Sales (including intragroup transactions) [2] 302 285 271
Less: Intragroup transactions [2] (1)   (1)
External revenues [2] 301 285 270
Operating EBITDA [2] 54 54 53
Less: Depreciation and amortization [2] 16 11 11
Operating earnings before other expenses, net [2] 38 43 42
Other expenses, net [2] (5) (10) (2)
Financial expense [2] $ (2) (1) (2)
Financial income and other items, net [2]   $ 1 $ (5)
[1] In regards of external revenues, refers mainly to trade maritime transactions of cement and clinker carried by Cemex’s trading unit and, in the rest of the captions, refers to Cemex’s corporate activities.
[2] Until June 2023, after the conclusion of a tender offer and delisting process, Cemex Latam Holdings, S.A. (“CLH”), a company incorporated in Spain, traded its ordinary shares on the Colombian Stock Exchange. CLH is the indirect holding company of Cemex’s operations in Colombia, Panama, Nicaragua and, until September 10, 2024, of the operations in Guatemala and, until August 31, 2022, of the operations in Costa Rica and El Salvador. As of December 31, 2024 and 2023, there was a non-controlling interest in CLH of 0.16% and 0.50%, respectively (note 21.4).
[3] The shares of TCL trade on the Trinidad and Tobago Stock Exchange. As of December 31, 2024 and 2023, there was a non-controlling interest in TCL of 30.17% of its ordinary shares in both years (note 21.4).