v2.4.0.6
Equity In Net Assets Of Nonconsolidated Affiliates (Tables)
 6 Months Ended
Jun. 30, 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
 
Six Months Ended
 
June 30, 2012
 
June 30, 2011
 
June 30, 2012
 
June 30, 2011
China JVs
$
331

 
$
379

 
$
750

 
$
829

New Delphi (including gain on disposition)
—

 
—

 
—

 
1,727

Others
(31
)
 
3

 
(27
)
 
(30
)
Total equity income, net of tax and gain on disposal of investments
$
300

 
$
382

 
$
723

 
$
2,526
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:
 
June 30, 2012
 
June 30, 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
 
Six Months Ended
 
June 30, 2012
 
June 30, 2011
 
June 30, 2012
 
June 30, 2011
Results of operations
 
 
 
 
 
 
 
Automotive sales and revenue
$
722

 
$
852

 
$
1,305

 
$
1,687

Automotive purchases, net
$
174

 
$
38

 
$
309

 
$
830

Automotive selling, general and administrative expense
$
1

 
$
(2
)
 
$
3

 
$
6

Automotive interest expense
$
6

 
$
5

 
$
12

 
$
10

Interest income and other non-operating income (expense), net
$
148

 
$
13

 
$
163

 
$
11


 
June 30, 2012
 
December 31, 2011
Financial position
 
 
 
Accounts and notes receivable, net
$
915

 
$
1,785

Accounts and notes payable
$
359

 
$
342

Deferred revenue and customer deposits
$
44

 
$
150


 
Six Months Ended
 
June 30, 2012
 
June 30, 2011
Cash flows
 
 
 
Operating
$
2,391

 
$
1,904

Investing
$
(37
)
 
$
1