Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) PensionAndRetirementBenefit : $565 Mil (As of Dec. 2023)

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What is Fomento Economico MexicanoB de CV PensionAndRetirementBenefit?

Fomento Economico MexicanoB de CV's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $565 Mil.

Fomento Economico MexicanoB de CV's quarterly PensionAndRetirementBenefit stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($565 Mil).

Fomento Economico MexicanoB de CV's annual PensionAndRetirementBenefit declined from Dec. 2021 ($370 Mil) to Dec. 2022 ($362 Mil) but then increased from Dec. 2022 ($362 Mil) to Dec. 2023 ($565 Mil).

Fomento Economico MexicanoB de CV PensionAndRetirementBenefit Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fomento Economico MexicanoB de CV PensionAndRetirementBenefit Chart

Fomento Economico MexicanoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

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336.53

364.62

370.48

361.51

565.21

Fomento Economico MexicanoB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PensionAndRetirementBenefit	Get a 7-Day Free Trial															361.51	-	-	-	565.21

Fomento Economico MexicanoB de CV PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fomento Economico Mexicano SAB de CV (NYSE:FMX) » Definitions » PensionAndRetirementBenefit

Comparable Companies

Traded in Other Exchanges

FMXUF:USA FEMSAUB:Mexico FEMSAUBD:Mexico FOMC:Germany FOMA:Germany FMX:Argentina

Address

General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410

Website

https://www.femsa.com

Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.