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v3.5.0.2

Condensed Consolidated Income Statements - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015
Net sales and revenue |  |  |  |
Automotive | $ 40,334 | $ 37,140 | $ 115,618 | $ 108,174
GM Financial | 2,491 | 1,703 | 6,844 | 4,561
Total net sales and revenue | 42,825 | 38,843 | 122,462 | 112,735
Costs and expenses |  |  |  |
Automotive cost of sales | 34,778 | 32,058 | 99,793 | 95,329
GM Financial interest, operating and other expenses | 2,306 | 1,506 | 6,255 | 3,992
Automotive selling, general and administrative expense | 2,724 | 4,282 | 8,389 | 10,376
Total costs and expenses | 39,808 | 37,846 | 114,437 | 109,697
Operating income | 3,017 | 997 | 8,025 | 3,038
Interest income and other non-operating income, net | 122 | 119 | 379 | 373
Equity income | 497 | 502 | 1,717 | 1,579
Income before income taxes | 3,488 | 1,506 | 9,699 | 4,660
Income tax expense | 776 | 165 | 2,206 | 1,271
Net income | 2,712 | 1,341 | 7,493 | 3,389
Net loss attributable to noncontrolling interests | 61 | 18 | 99 | 32
Net income attributable to common stockholders | $ 2,773 | $ 1,359 | $ 7,592 | $ 3,421
Basic |  |  |  |
Basic earnings per common share | $ 1.79 | $ 0.86 | $ 4.90 | $ 2.14
Weighted-average common shares outstanding | 1,550 | 1,577 | 1,548 | 1,597
Diluted |  |  |  |
Diluted earnings per common share | $ 1.76 | $ 0.84 | $ 4.81 | $ 2.07
Weighted-average common shares outstanding | 1,574 | 1,618 | 1,578 | 1,655
Dividends declared per common share | $ 0.38 | $ 0.36 | $ 1.14 | $ 1.02
Automotive [Member] |  |  |  |
Costs and expenses |  |  |  |
Automotive interest expense | $ 148 | $ 112 | $ 422 | $ 330

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