Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Text block [abstract]

Disclosure of Exchange Rates of Local Currencies Translated to Mexican Pesos

		Exchange Rates of Local Currencies Translated to Mexican Pesos  (1)
	Functional / Recording Currency	Average Exchange Rate for							Exchange Rate as of
Country or Zone		2019		2018		2017			December 31, 2019		December 31, 2018
Guatemala	Quetzal		2.50		2.56		2.57			2.45		2.54
Costa Rica	Colon		0.03		0.03		0.03			0.03		0.03
Panama	U.S. dollar		19.26		19.24		18.93			18.85		19.68
Colombia	Colombian peso		0.01		0.01		0.01			0.01		0.01
Nicaragua	Cordoba		0.58		0.62		0.63			0.56		0.61
Argentina	Argentine peso		0.41		0.73		1.15			0.31		0.52
Venezuela a)	Bolivar		—		—		a	)		—		—
Brazil	Reais		4.89		5.29		5.94			4.68		5.08
Chile	Chilean peso		0.03		0.03		0.03			0.03		0.03
Euro Zone	Euro (€)		21.56		22.71		21.32			21.12		22.54
Peru	Nuevo Sol		5.77		5.85		5.78			5.68		5.83
Ecuador	U.S. dollar		19.26		19.24		18.93			18.85		19.68
Philippines	Philippine peso		—		0.37		0.38			—		0.37
Uruguay	Uruguayan peso		0.55		0.63		0.66			0.51		0.61

(1) Exchange rates published by the Central Bank of each country where the Company operates.

Disclosure of Recognition of Effects of Inflation in Countries with Hyperinflationary Economic Environments

As of December 31, 2019, 2018, and 2017, the operations of the Company are classified as follows:

Country	Cumulative Inflation 2017- 2019			Type of Economy	Cumulative Inflation 2016- 2018			Type of Economy	Cumulative Inflation 2015- 2017			Type of Economy
Mexico		13.2	%	Non-hyperinflationary		15.7	%	Non-hyperinflationary		12.7	%	Non-hyperinflationary
Guatemala		11.8	%	Non-hyperinflationary		12.2	%	Non-hyperinflationary		13.5	%	Non-hyperinflationary
Costa Rica		5.8	%	Non-hyperinflationary		5.7	%	Non-hyperinflationary		2.5	%	Non-hyperinflationary
Panama		0.5	%	Non-hyperinflationary		2.1	%	Non-hyperinflationary		2.3	%	Non-hyperinflationary
Colombia		11.0	%	Non-hyperinflationary		13.4	%	Non-hyperinflationary		17.5	%	Non-hyperinflationary
Nicaragua		15.6	%	Non-hyperinflationary		13.1	%	Non-hyperinflationary		12.3	%	Non-hyperinflationary
Argentina (a)		179.4	%	Hyperinflationary		158.4	%	Hyperinflationary		101.5	%	Hyperinflationary
Venezuela		—		—		—		—		30,690.0	%	Hyperinflationary
Brazil		11.1	%	Non-hyperinflationary		25.0	%	Non-hyperinflationary		21.1	%	Non-hyperinflationary
Philippines		—		—		11.9	%	Non-hyperinflationary		7.5	%	Non-hyperinflationary
Euro Zone		3.6	%	Non-hyperinflationary		2.7	%	Non-hyperinflationary		2.7	%	Non-hyperinflationary
Chile		8.3	%	Non-hyperinflationary		9.7	%	Non-hyperinflationary		9.7	%	Non-hyperinflationary
Peru		5.2	%	Non-hyperinflationary		9.3	%	Non-hyperinflationary		9.3	%	Non-hyperinflationary
Ecuador		0.3	%	Non-hyperinflationary		30.3	%	Non-hyperinflationary		30.3	%	Non-hyperinflationary
Uruguay		22.0	%	Non-hyperinflationary		25.3	%	Non-hyperinflationary		—		–

Disclosure of Estimated Useful Lives of Company's Assets

The estimated useful lives of the Company’s assets are as follows:

	Years
Buildings	25-50
Machinery and equipment	10-20
Distribution equipment	7-15
Refrigeration equipment	5-7
Returnable bottles	1.5-3
Leasehold improvements	The shorter of lease term or 15 years
Information technology equipment	3-5
Other equipment	3-10