v3.3.0.814
Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales and revenue        
Automotive $ 37,140 $ 37,999 $ 108,174 $ 112,776
GM Financial 1,703 1,256 4,561 3,536
Total net sales and revenue 38,843 39,255 112,735 116,312
Costs and expenses        
Automotive cost of sales 32,058 34,054 95,329 104,032
GM Financial interest, operating and other expenses 1,506 1,053 3,992 2,854
Automotive selling, general and administrative expense 4,282 2,921 10,376 9,205
Total costs and expenses 37,846 38,028 109,697 116,091
Operating income 997 1,227 3,038 221
Interest income and other non-operating income, net 119 239 373 409
Gain on extinguishment of debt 0 2 0 2
Equity income 502 497 1,579 1,625
Income before income taxes 1,506 1,869 4,660 1,958
Income tax expense (benefit) 165 427 1,271 (51)
Net income 1,341 1,442 3,389 2,009
Net (income) loss attributable to noncontrolling interests 18 29 32 (47)
Net income attributable to stockholders 1,359 1,471 3,421 1,962
Net income attributable to common stockholders $ 1,359 $ 1,384 $ 3,421 $ 1,699
Basic        
Basic earnings per common share $ 0.86 $ 0.86 $ 2.14 $ 1.06
Weighted-average common shares outstanding 1,577 1,612 1,597 1,603
Diluted        
Diluted earnings per common share $ 0.84 $ 0.81 $ 2.07 $ 0.99
Weighted-average common shares outstanding 1,618 1,691 1,655 1,690
Dividends declared per common share $ 0.36 $ 0.30 $ 1.02 $ 0.90
Automotive [Member]        
Costs and expenses        
Automotive interest expense $ 112 $ 96 $ 330 $ 299