v3.26.1
PROPERTY, PLANT AND EQUIPMENT, NET (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about property, plant and equipment [abstract]  
Disclosure of Detailed Information About Property, Plant and Equipment Depreciation is calculated using the straight-line method to amortize the cost of each asset to its residual value over its estimated useful life as follows:
LandNo depreciation
Buildings and improvements
5-50 years
Production equipment
5-40 years
Vehicles, furniture and fixtures and other equipment
3-20 years
Depreciation of the right-of-use asset is calculated using the straight-line method over the estimated duration of the lease contract, as follows:
Land                            1-29 years
Buildings and facilities                    1-24 years
Machinery                        1-12 years
Property, plant and equipment, net
Year ended December 31, 2025
LandBuildings
and
improvements
Production equipmentVehicles, furniture and fixturesWork in progressSpare partsRight-of-use
assets
Total
Values at the beginning of the year
Cost780,679 4,824,531 8,783,691 371,532 1,648,967 210,643 371,560 16,991,603 
Accumulated depreciation (2,304,432)(5,797,881)(282,480) (31,275)(194,380)(8,610,448)
Net book value as of January 1, 2025780,679 2,520,099 2,985,810 89,052 1,648,967 179,368 177,180 8,381,155 
Opening net book value780,679 2,520,099 2,985,810 89,052 1,648,967 179,368 177,180 8,381,155 
Translation differences9,897 21,719 68,624 2,451 24,815 2,301 3,432 133,239 
Impairment charge (note 4 (f))— (4,116)(4,523)(499)(4,339)— — (13,477)
Additions (1)8,151 34,595 12,940 1,934 2,439,363 39,834 33,951 2,570,768 
Capitalized borrowing costs— — — — 2,408 — — 2,408 
Disposals / Consumptions(1,769)(634)(851)(922)(21,794)(21,494)(15,356)(62,820)
Indexation— — — — — — 8,370 8,370 
Transfers3,608 269,714 424,246 52,311 (742,473)153 — 7,559 
Depreciation charge— (185,648)(352,787)(31,004)— — (51,653)(621,092)
Closing net book value800,566 2,655,729 3,133,459 113,323 3,346,947 200,162 155,924 10,406,110 
Values at the end of the year
Cost800,566 5,150,560 9,252,658 409,572 3,346,947 231,437 397,586 19,589,326 
Accumulated depreciation (2,494,831)(6,119,199)(296,249) (31,275)(241,662)(9,183,216)
Net book value as of December 31, 2025800,566 2,655,729 3,133,459 113,323 3,346,947 200,162 155,924 10,406,110 
(1) It includes $2,030 million related to additions of Property, plant and equipment in Mexico, mainly in connection with the investment plant in the Pesquería Industrial Center.


Year ended December 31, 2024
LandBuildings
and
improvements
Production equipmentVehicles, furniture and fixturesWork in progressSpare partsRight-of-use
assets
Total
Values at the beginning of the year
Cost774,052 4,407,345 8,514,780 344,859 1,121,004 202,923 438,596 15,803,559 
Accumulated depreciation (2,162,192)(5,462,979)(270,954) (31,271)(238,476)(8,165,872)
Net book value as of January 1, 2024774,052 2,245,153 3,051,801 73,905 1,121,004 171,652 200,120 7,637,687 
Opening net book value774,052 2,245,153 3,051,801 73,905 1,121,004 171,652 200,120 7,637,687 
Translation differences(21,382)(41,246)(135,103)(4,142)(65,626)(5,081)(2,631)(275,211)
Additions (2)24,619 22,373 19,222 1,706 1,527,992 44,307 13,850 1,654,069 
Disposals / Consumptions— (2,604)— (970)(2,366)(32,342)(2,658)(40,940)
Indexation— — — — — — 21,626 21,626 
Transfers3,390 475,523 404,380 45,558 (932,037)943 (609)(2,852)
Depreciation charge— (179,100)(354,490)(27,005)— (111)(52,518)(613,224)
Closing net book value780,679 2,520,099 2,985,810 89,052 1,648,967 179,368 177,180 8,381,155 
Values at the end of the year
Cost780,679 4,824,531 8,783,691 371,532 1,648,967 210,643 371,560 16,991,603 
Accumulated depreciation (2,304,432)(5,797,881)(282,480) (31,275)(194,380)(8,610,448)
Net book value as of December 31, 2024780,679 2,520,099 2,985,810 89,052 1,648,967 179,368 177,180 8,381,155 
(2) It includes $966 million related to additions of Property, plant and equipment in Mexico, mainly in connection with the investment plant in the Pesquería Industrial Center.
Disclosure of Quantitative Information About Right-Of-Use Assets Right-of-use assets
Right-of-use assets
LandBuildings
and
improvements
Production equipmentVehicles, furniture and fixturesTotal
Values at the beginning of the year
Cost570 258,797 112,060 134 371,561 
Accumulated depreciation(45)(137,485)(56,763)(88)(194,381)
Net book value as of January 1, 2025525 121,312 55,297 46 177,180 
Opening net book value525 121,312 55,297 46 177,180 
Translation differences— 2,571 855 3,432 
Additions21,481 4,161 8,309 — 33,951 
Disposal/Derecognition(14,105)(1,237)(14)— (15,356)
Indexation— 6,183 2,187 — 8,370 
Depreciation charge(1,063)(35,398)(15,142)(50)(51,653)
Closing net book value6,838 97,592 51,492 2 155,924 
Values at the end of the year
Cost7,543 267,793 122,145 105 397,586 
Accumulated depreciation(705)(170,201)(70,653)(103)(241,662)
Net book value as of December 31, 20256,838 97,592 51,492 2 155,924 
Right-of-use assets
LandBuildings
and
improvements
Production equipmentVehicles, furniture and fixturesTotal
Values at the beginning of the year
Cost376 281,250 156,614 355 438,595 
Accumulated depreciation(29)(152,288)(85,999)(159)(238,475)
Net book value as of January 1, 2024347 128,962 70,615 196 200,120 
Opening net book value347 128,962 70,615 196 200,120 
Translation differences— 186 (2,800)(17)(2,631)
Additions— 12,411 1,439 — 13,850 
Disposal/Derecognition— (144)(2,514)— (2,658)
Transfers— — (609)— (609)
Indexation194 14,429 7,003 — 21,626 
Depreciation charge(16)(34,532)(17,837)(133)(52,518)
Closing net book value525 121,312 55,297 46 177,180 
Values at the end of the year
Cost570 258,797 112,060 134 371,561 
Accumulated depreciation(45)(137,485)(56,763)(88)(194,381)
Net book value as of December 31, 2024525 121,312 55,297 46 177,180