v2.4.0.6
Condensed Consolidated Income Statements (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net sales and revenue    
Automotive sales and revenue $ 37,328 $ 35,899
GM Financial revenue 431 295
Total net sales and revenue 37,759 36,194
Costs and expenses    
Automotive cost of sales 32,910 31,685
GM Financial operating and other expenses 248 165
Automotive selling, general and administrative expense 2,973 2,994
Other automotive expenses, net 15 6
Goodwill impairment charges 617 395
Total costs and expenses 36,763 35,245
Operating income 996 949
Automotive interest expense 110 149
Interest income and other non-operating income, net 275 604
Loss on extinguishment of debt 18 0
Income before income taxes and equity income 1,143 1,404
Income tax expense 216 137
Equity income, net of tax and gain on disposal of investments 423 2,144
Net income 1,350 3,411
Net income attributable to noncontrolling interests (35) (45)
Net income attributable to stockholders 1,315 3,366
Net income attributable to common stockholders 1,004 3,151
Earnings Per Share, Basic [Member]
   
Costs and expenses    
Net income attributable to stockholders 1,315 3,366
Net income attributable to common stockholders 1,004 3,151
Basic    
Basic earnings per common share $ 0.64 $ 2.09
Weighted-average common shares outstanding 1,572 1,504
Earnings Per Share, Diluted [Member]
   
Costs and expenses    
Net income attributable to stockholders 1,315 3,366
Basic    
Weighted-average common shares outstanding 1,572 1,504
Diluted    
Diluted earnings per common share $ 0.60 $ 1.77
Weighted-average common shares outstanding 1,692 1,817
Automotive [Member]
   
Costs and expenses    
Goodwill impairment charges 617 395
Loss on extinguishment of debt $ 18