v2.4.0.6
Equity In Net Assets Of Nonconsolidated Affiliates Equity in net assets of nonconsolidated affiliates (Tables)
3 Months Ended
Mar. 31, 2012
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of equity income [Table Text Block]
The following table summarizes information regarding Equity income, net of tax and gain on disposal of investments (dollars in millions):
 
Three Months Ended March 31,
 
2012
 
2011
China JVs
$
419

 
$
448

New Delphi (including gain on disposition)

 
1,727

Others
4

 
(31
)
Total equity income, net of tax and gain on disposal of investments
$
423

 
$
2,144


Schedule of direct ownership of China JVs [Table Text Block]
The following table summarizes our direct ownership interests in our Chinese joint ventures, collectively referred to as China JVs:
 
March 31, 2012
 
March 31, 2011
Shanghai General Motors Co., Ltd. (SGM)
49
%
 
49
%
Shanghai GM Norsom Motor Co., Ltd. (SGM Norsom)
25
%
 
25
%
Shanghai GM Dong Yue Motors Co., Ltd. (SGM DY)
25
%
 
25
%
Shanghai GM Dong Yue Powertrain (SGM DYPT)
25
%
 
25
%
SAIC-GM-Wuling Automobile Co., Ltd. (SGMW)
44
%
 
44
%
FAW-GM Light Duty Commercial Vehicle Co., Ltd. (FAW-GM)
50
%
 
50
%
Pan Asia Technical Automotive Center Co., Ltd.
50
%
 
50
%
Shanghai OnStar Telematics Co., Ltd. (Shanghai OnStar)
40
%
 
40
%
Shanghai Chengxin Used Car Operation and Management Co., Ltd. (Shanghai Chengxin Used Car)
33
%
 
33
%
SAIC General Motors Sales Co., Ltd. (SGMS)
49
%
 


Transactions with nonconsolidated affiliates [Table Text Block]
The following tables summarize the effects of transactions with nonconsolidated affiliates (dollars in millions):
 
Three Months Ended March 31,
 
2012
 
2011
Results of Operations
 
 
 
Automotive sales and revenue
$
583

 
$
835

Automotive purchases, net
$
103

 
$
792

Automotive selling, general and administrative expense
$
2

 
$
8

Automotive interest expense
$
6

 
$
5

Interest income and other non-operating income (expense), net
$
15

 
$
(2
)

 
March 31, 2012
 
December 31, 2011
Financial Position
 
 
 
Accounts and notes receivable, net
$
2,167

 
$
1,785

Accounts and notes payable
$
347

 
$
342

Deferred revenue and customer deposits
$
154

 
$
150


 
Three Months Ended March 31,
 
2012
 
2011
Cash Flows
 
 
 
Operating
$
563

 
$
63

Investing
$
(37
)
 
$