XML 149 R125.htm IDEA: XBRL DOCUMENT v3.23.1
Bank Loans and Notes Payable - Hedging derivatives (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2022
MXN ($)
Dec. 31, 2021
MXN ($)
Dec. 31, 2020
MXN ($)
Disclosure of financial instruments by type of interest rate [line items]        
Market value gain on financial instruments $ (36) [1] $ (706,000,000) $ 38,000,000 $ (264,000,000)
9.4% variable to 4.4% fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 8,869,000,000    
Interest pay rate 9.40% 9.40%    
Interest receive rate 4.40% 4.40%    
7.4% variable to 7.2% fixed interest rate | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Interest pay rate 7.20% 7.20%    
Interest receive rate 7.00% 7.00%    
7.0% variable to 4.0% fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Interest pay rate 7.00% 7.00%    
7.0% variable to 4.0% fixed interest rate | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Interest pay rate 4.00% 4.00%    
BRL/USD | Fixed to variable interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 6,777,000,000 $ 5,146,000,000  
Interest pay rate 11.50% 11.50% 9.90%  
Interest receive rate 2.10% 2.10% 2.10%  
BRL/USD | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 9,294,000,000 $ 9,880,000,000  
Interest pay rate 11.50% 11.50% 9.50%  
Interest receive rate 3.20% 3.20% 3.90%  
MXN/USD | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 8,869,000,000    
MXN/USD | Fixed to variable interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 15,082,000,000 $ 11,403,000,000  
Interest pay rate 7.40% 7.40% 7.00%  
Interest receive rate 3.90% 3.90% 4.00%  
MXN/USD | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 11,743,000,000 $ 24,235,000,000  
Interest pay rate 8.80% 8.80% 8.40%  
Interest receive rate 3.50% 3.50% 3.50%  
MXN/USD | 9.4% variable to 4.4% fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Interest pay rate 9.40% 9.40% 9.40%  
Interest receive rate 4.40% 4.40% 4.40%  
Mexican pesos | Fixed to variable interest rate | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount     $ 6,175,000,000  
Interest pay rate     0.40%  
Interest receive rate     1.90%  
Mexican pesos | Variable to fixed interest rate | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 2,905,000,000 $ 3,225,000,000  
Interest pay rate 4.10% 4.10% 4.20%  
Interest receive rate 1.90% 1.90% 1.90%  
Mexican pesos | 7.4% variable to 7.2% fixed interest rate | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Interest pay rate 7.20% 7.20% 7.20%  
Interest receive rate 7.00% 7.00% 7.00%  
Colombian pesos | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 1,476,000,000    
Interest pay rate     6.80%  
Interest receive rate     2.60%  
EUR/USD | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 22,130,000,000 $ 15,078,000,000  
Interest pay rate 2.40% 2.40% 1.90%  
Interest receive rate 3.50% 3.50% 3.50%  
Current year | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 27,804,000,000 $ 4,872,000,000  
Current year | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   11,675,000,000 131,000,000  
Current year | BRL/USD | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 9,294,000,000    
Interest pay rate 11.50% 11.50%    
Interest receive rate 3.20% 3.20%    
Current year | MXN/USD | Fixed to variable interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 11,403,000,000    
Interest pay rate 7.00% 7.00%    
Interest receive rate 4.00% 4.00%    
Current year | MXN/USD | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 1,743,000,000    
Interest pay rate 8.20% 8.20%    
Interest receive rate 3.30% 3.30%    
Current year | Mexican pesos | Variable to fixed interest rate | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 679,000,000    
Interest pay rate 5.80% 5.80%    
Interest receive rate 1.80% 1.80%    
Current year | Mexican pesos | 7.4% variable to 7.2% fixed interest rate | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Interest pay rate 7.20% 7.20%    
Interest receive rate 7.00% 7.00%    
Current year | Colombian pesos | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 345,000,000    
Interest pay rate 8.50% 8.50%    
Interest receive rate 2.20% 2.20%    
Year one | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 497,000,000 24,403,000,000  
Year one | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   2,227,000,000 12,129,000,000  
Year one | Mexican pesos | Variable to fixed interest rate | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 2,227,000,000    
Interest pay rate 3.60% 3.60%    
Interest receive rate 1.90% 1.90%    
Year three | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 5,971,000,000 10,667,000,000  
Year three | BRL/USD | Fixed to variable interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 4,840,000,000    
Interest pay rate 10.70% 10.70%    
Interest receive rate 1.90% 1.90%    
Year four | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 17,809,000,000 6,348,000,000  
Year four | BRL/USD | Fixed to variable interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 1,936,000,000    
Interest pay rate 2.80% 2.80%    
Interest receive rate 2.80% 2.80%    
Year four | Colombian pesos | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 1,131,000,000    
Interest pay rate 6.30% 6.30%    
Interest receive rate 2.80% 2.80%    
Year four | EUR/USD | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 8,735,000,000    
Interest pay rate 3.10% 3.10%    
Interest receive rate 3.50% 3.50%    
Year five and thereafter | Interest rate swaps        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount     $ 6,175,000,000  
Year five and thereafter | MXN/USD | Fixed to variable interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 3,679,000,000    
Interest pay rate 8.90% 8.90%    
Interest receive rate 3.60% 3.60%    
Year five and thereafter | MXN/USD | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 10,000,000,000    
Interest pay rate 8.90% 8.90%    
Interest receive rate 3.50% 3.50%    
Year five and thereafter | MXN/USD | 9.4% variable to 4.4% fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Interest pay rate 9.40% 9.40%    
Interest receive rate 4.40% 4.40%    
Year five and thereafter | EUR/USD | Fixed to fixed interest rate | Currency swap contract        
Disclosure of financial instruments by type of interest rate [line items]        
Face amount   $ 13,395,000,000    
Interest pay rate 1.90% 1.90%    
Interest receive rate 3.50% 3.50%    
[1] Convenience translation to U.S. dollars ($) – See Note 2.2.3