Investment Properties (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure Of Investment Property [Abstract]

Summary of Changes in Investment Properties

Changes in investment properties account for the years ended December 31, 2021 and 2020 are as follows:

	Land		Land Improvements			Building			Total
	(in million pesos)
December 31, 2021
Balances at beginning of the year		728		4			163			895
Net gains (losses) from fair value adjustments charged    to profit or loss		43		(1	)		(8	)		34
Balances at end of the year		771		3			155			929
December 31, 2020
Balances at beginning of the year		607		5			166			778
Transfers from property and equipment		70		—			4			74
Net gains (losses) from fair value adjustments charged    to profit or loss		51		(1	)		(7	)		43
Balances at end of the year		728		4			163			895