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Segment Reporting (Notes) | 9 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
Segment Reporting [Text Block] | Segment Reporting We analyze the results of our business through the following segments: GMNA, GME, GMIO, GMSA and GM Financial. The chief operating decision maker evaluates the operating results and performance of our automotive segments through earnings before interest and income taxes-adjusted, which is presented net of noncontrolling interests. The chief operating decision maker evaluates GM Financial through earnings before income taxes-adjusted because interest income and interest expense are part of operating results when assessing and measuring the operational and financial performance of the segment. Each segment has a manager responsible for executing our strategies. Our automotive manufacturing operations are integrated within the segments, benefit from broad-based trade agreements and are subject to regulatory requirements. While not all vehicles within a segment are individually profitable on a fully allocated cost basis, those vehicles attract customers to dealer showrooms and help maintain sales volumes for other, more profitable vehicles and contribute towards meeting required fuel efficiency standards. As a result of these and other factors, we do not manage our business on an individual brand or vehicle basis. Substantially all of the cars, trucks, crossovers and automobile parts produced are marketed through retail dealers in North America and through distributors and dealers outside of North America, the substantial majority of which are independently owned. In addition to the products sold to dealers for consumer retail sales, cars, trucks and crossovers are also sold to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. Fleet sales are completed through the dealer network and in some cases directly with fleet customers. Retail and fleet customers can obtain a wide range of after-sale vehicle services and products through the dealer network, such as maintenance, light repairs, collision repairs, vehicle accessories and extended service warranties. GMNA primarily meets the demands of customers in North America with vehicles developed, manufactured and/or marketed under the Buick, Cadillac, Chevrolet and GMC brands. The demands of customers outside North America are primarily met with vehicles developed, manufactured and/or marketed under the Buick, Cadillac, Chevrolet, GMC, Holden, Opel and Vauxhall brands. We also have equity ownership stakes directly or indirectly in entities through various regional subsidiaries, primarily in Asia. These companies design, manufacture and/or market vehicles under the Baojun, Buick, Cadillac, Chevrolet, Jiefang and Wuling brands. Our automotive operations' interest income and interest expense are recorded centrally in Corporate. Corporate assets consist primarily of cash and cash equivalents, marketable securities and intercompany balances. All intersegment balances and transactions have been eliminated in consolidation. The following tables summarize key financial information by segment:
| At and For the Three Months Ended September 30, 2016
| GMNA |  | GME |  | GMIO |  | GMSA |  | Corporate |  | Eliminations |  | Total Automotive |  | GM Financial |  | Eliminations |  | Total
Net sales and revenue | $ | 31,078 |  |  | $ | 4,225 |  |  | $ | 2,963 |  |  | $ | 2,029 |  |  | $ | 39 |  |  |  |  | $ | 40,334 |  |  | $ | 2,499 |  |  | $ | (8 | ) |  | $ | 42,825 |
Earnings (loss) before automotive interest and taxes-adjusted | $ | 3,486 |  |  | $ | (142 | ) |  | $ | 271 |  |  | $ | (121 | ) |  | $ | (175 | ) |  |  |  | $ | 3,319 |  |  | $ | 229 |  |  | $ | (5 | ) |  | $ | 3,543 |
Adjustments(a) | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 110 |  |  |  |  | $ | 110 |  |  | $ | — |  |  | $ | — |  |  | 110 |
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 44 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (148 | )
Net (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (61 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,488 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (776 | )
Net loss attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 61 |
Net income attributable to common stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,773 |
Total assets(b) | $ | 102,917 |  |  | $ | 13,904 |  |  | $ | 20,441 |  |  | $ | 7,656 |  |  | $ | 25,008 |  |  | $ | (32,543 | ) |  | $ | 137,383 |  |  | $ | 82,200 |  |  | $ | (2,007 | ) |  | $ | 217,576 |
Depreciation and amortization | $ | 1,086 |  |  | $ | 116 |  |  | $ | 114 |  |  | $ | 75 |  |  | $ | 4 |  |  | $ | (1 | ) |  | $ | 1,394 |  |  | $ | 1,257 |  |  | $ | — |  |  | $ | 2,651 |
Impairment charges | $ | 2 |  |  | $ | 30 |  |  | $ | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 35 |  |  | $ | — |  |  | $ | — |  |  | $ | 35 |
__________
(a) | Consists of a net benefit of $110 million for legal related matters related to the ignition switch recall.
(b) | For GMNA includes investment of $500 million in Lyft, Inc. (Lyft), a privately held company, which was accounted for as a cost method investment.
| At and For the Three Months Ended September 30, 2015
| GMNA |  | GME |  | GMIO |  | GMSA |  | Corporate |  | Eliminations |  | Total Automotive |  | GM Financial |  | Eliminations |  | Total
Net sales and revenue | $ | 27,794 |  |  | $ | 4,556 |  |  | $ | 3,016 |  |  | $ | 1,738 |  |  | $ | 36 |  |  |  |  | $ | 37,140 |  |  | $ | 1,707 |  |  | $ | (4 | ) |  | $ | 38,843 |
Earnings (loss) before automotive interest and taxes-adjusted | $ | 3,293 |  |  | $ | (231 | ) |  | $ | 269 |  |  | $ | (217 | ) |  | $ | (247 | ) |  |  |  | $ | 2,867 |  |  | $ | 231 |  |  | $ | (2 | ) |  | $ | 3,096 |
Adjustments(a) | $ | 7 |  |  | $ | — |  |  | $ | (7 | ) |  | $ | — |  |  | $ | (1,500 | ) |  |  |  | $ | (1,500 | ) |  | $ | — |  |  | $ | — |  |  | (1,500 | )
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 40 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (112 | )
Net (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (18 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,506 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (165 | )
Net loss attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 18 |
Net income attributable to common stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,359 |
Total assets | $ | 94,667 |  |  | $ | 10,477 |  |  | $ | 21,298 |  |  | $ | 7,704 |  |  | $ | 21,653 |  |  | $ | (24,764 | ) |  | $ | 131,035 |  |  | $ | 59,537 |  |  | $ | (1,952 | ) |  | $ | 188,620 |
Depreciation and amortization | $ | 928 |  |  | $ | 124 |  |  | $ | 110 |  |  | $ | 56 |  |  | $ | 4 |  |  | $ | (1 | ) |  | $ | 1,221 |  |  | $ | 657 |  |  | $ | — |  |  | $ | 1,878 |
Impairment charges | $ | 81 |  |  | $ | 15 |  |  | $ | 7 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 103 |  |  | $ | — |  |  | $ | — |  |  | $ | 103 |
__________
(a) | Consists primarily of charges for various settlements and legal related matters of approximately $1.5 billion related to the ignition switch recall in Corporate.
| For the Nine Months Ended September 30, 2016
| GMNA |  | GME |  | GMIO |  | GMSA |  | Corporate |  | Eliminations |  | Total Automotive |  | GM Financial |  | Eliminations |  | Total
Net sales and revenue | $ | 87,736 |  |  | $ | 14,292 |  |  | $ | 8,467 |  |  | $ | 5,010 |  |  | $ | 113 |  |  |  |  | $ | 115,618 |  |  | $ | 6,866 |  |  | $ | (22 | ) |  | $ | 122,462 |
Earnings (loss) before automotive interest and taxes-adjusted | $ | 9,429 |  |  | $ | (11 | ) |  | $ | 819 |  |  | $ | (309 | ) |  | $ | (489 | ) |  |  |  | $ | 9,439 |  |  | $ | 720 |  |  | $ | (14 | ) |  | $ | 10,145 |
Adjustments(a) | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (65 | ) |  |  |  | $ | (65 | ) |  | $ | — |  |  | $ | — |  |  | (65 | )
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 140 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (422 | )
Net (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (99 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,699 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,206 | )
Net loss attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 99 |
Net income attributable to common stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 7,592 |
Depreciation and amortization | $ | 3,179 |  |  | $ | 334 |  |  | $ | 327 |  |  | $ | 202 |  |  | $ | 12 |  |  | $ | (3 | ) |  | $ | 4,051 |  |  | $ | 3,313 |  |  | $ | — |  |  | $ | 7,364 |
Impairment charges | $ | 43 |  |  | $ | 84 |  |  | $ | 66 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 193 |  |  | $ | — |  |  | $ | — |  |  | $ | 193 |
__________
(a) | Consists of a net charge of $65 million for legal related matters related to the ignition switch recall.
| For the Nine Months Ended September 30, 2015
| GMNA |  | GME |  | GMIO |  | GMSA |  | Corporate |  | Eliminations |  | Total Automotive |  | GM Financial |  | Eliminations |  | Total
Net sales and revenue | $ | 78,951 |  |  | $ | 13,992 |  |  | $ | 9,181 |  |  | $ | 5,939 |  |  | $ | 111 |  |  |  |  | $ | 108,174 |  |  | $ | 4,576 |  |  | $ | (15 | ) |  | $ | 112,735 |
Earnings (loss) before automotive interest and taxes-adjusted | $ | 8,255 |  |  | $ | (515 | ) |  | $ | 989 |  |  | $ | (575 | ) |  | $ | (768 | ) |  |  |  | $ | 7,386 |  |  | $ | 670 |  |  | $ | (7 | ) |  | $ | 8,049 |
Adjustments(a) | $ | 36 |  |  | $ | (354 | ) |  | $ | (394 | ) |  | $ | (720 | ) |  | $ | (1,725 | ) |  |  |  | $ | (3,157 | ) |  | $ | — |  |  | $ | — |  |  | (3,157 | )
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 130 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (330 | )
Net (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (32 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,660 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,271 | )
Net loss attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 32 |
Net income attributable to common stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 3,421 |
Depreciation and amortization | $ | 2,793 |  |  | $ | 284 |  |  | $ | 331 |  |  | $ | 205 |  |  | $ | 12 |  |  | $ | (3 | ) |  | $ | 3,622 |  |  | $ | 1,496 |  |  | $ | — |  |  | $ | 5,118 |
Impairment charges | $ | 350 |  |  | $ | 94 |  |  | $ | 312 |  |  | $ | 34 |  |  | $ | — |  |  | $ | — |  |  | $ | 790 |  |  | $ | — |  |  | $ | — |  |  | $ | 790 |
__________
(a) | Consists primarily of costs related to the Russia exit of $354 million in GME and $96 million in GMIO, which is net of noncontrolling interests; asset impairment charges of $297 million related to our Thailand subsidiaries in GMIO; Venezuela currency devaluation and asset impairment charges of $720 million in GMSA; charges related to the ignition switch recall compensation program of $225 million and various settlements and legal related matters of approximately $1.5 billion in Corporate; and other of $35 million.

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