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Equity In Net Assets Of Nonconsolidated Affiliates
 12 Months Ended
Dec. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Equity in Net Assets of Nonconsolidated Affiliates [Text Block]
Equity in Net Assets of Nonconsolidated Affiliates
Nonconsolidated affiliates are entities in which an equity ownership interest is maintained and for which the equity method of accounting is used due to our ability to exert significant influence over decisions relating to their operating and financial affairs. Revenue and expenses of our joint ventures are not consolidated into our financial statements; rather, our proportionate share of the earnings of each joint venture is reflected as Equity income.
 
Years Ended December 31,
 
2016
 
2015
 
2014
Automotive China JVs equity income
$
1,973

 
$
2,057

 
$
2,066

Other joint ventures equity income
309

 
137

 
28

Total Equity income
$
2,282

 
$
2,194

 
$
2,094



Investments in Nonconsolidated Affiliates
 
December 31, 2016
 
December 31, 2015
Automotive China JVs carrying amount
$
7,859

 
$
7,997

Other investments carrying amount
1,137

 
1,204

Total equity in net assets of nonconsolidated affiliates
$
8,996

 
$
9,201



At December 31, 2016 and 2015 the carrying amount of our investments in certain joint ventures exceeded our share of the underlying net assets by $4.3 billion primarily related to goodwill from the application of fresh-start reporting and purchase of additional interests in nonconsolidated affiliates.

The following table summarizes our direct ownership interests in China JVs at December 31, 2016 and 2015:
 
Direct Ownership
Automotive China JVs
 
SAIC General Motors Corp., Ltd. (SGM)
50
%
SAIC GM (Shenyang) Norsom Motors Co., Ltd. (SGM Norsom)
25
%
SAIC GM Dong Yue Motors Co., Ltd. (SGM DY)
25
%
SAIC GM Dong Yue Powertrain Co., Ltd. (SGM DYPT)
25
%
SAIC GM Wuling Automobile Co., Ltd.
44
%
FAW-GM Light Duty Commercial Vehicle Co., Ltd.
50
%
Pan Asia Technical Automotive Center Co., Ltd.
50
%
Shanghai OnStar Telematics Co., Ltd. (Shanghai OnStar)
40
%
Shanghai Chengxin Used Car Operation and Management Co., Ltd. (Shanghai Chengxin Used Car)
33
%
SAIC General Motors Sales Co., Ltd.
49
%
Other joint ventures
 
SAIC-GMAC
35
%


SGM is a joint venture we established with Shanghai Automotive Industry Corporation (SAIC) (50%). SGM has interests in three other joint ventures in China: SGM Norsom, SGM DY and SGM DYPT. These three joint ventures are jointly held by SGM (50%), SAIC (25%) and ourselves. These four joint ventures are engaged in the production, import and sale of a range of products under the Buick, Chevrolet and Cadillac brands. SGM also has interests in Shanghai OnStar (20%), Shanghai Chengxin Used Car (33%) and SAIC-GMAC (20%). Shanghai Automotive Group Finance Company Ltd., a subsidiary of SAIC, owns 45% of SAIC-GMAC.

Summarized Financial Data of Nonconsolidated Affiliates
 
December 31, 2016
 
December 31, 2015
 
Automotive China JVs
 
Others
 
Total
 
Automotive China JVs
 
Others
 
Total
Summarized Balance Sheet Data
 
 
 
 
 
 
 
 
 
 
 
Current assets
$
17,325

 
$
8,383

 
$
25,708

 
$
17,270

 
$
9,358

 
$
26,628

Non-current assets
12,712

 
5,991

 
18,703

 
10,801

 
4,266

 
15,067

Total assets
$
30,037

 
$
14,374

 
$
44,411

 
$
28,071

 
$
13,624

 
$
41,695

 
 
 
 
 
 
 
 
 
 
 
 
Current liabilities
$
21,428

 
$
7,277

 
$
28,705

 
$
19,141

 
$
8,477

 
$
27,618

Non-current liabilities
1,393

 
3,898

 
5,291

 
1,132

 
1,933

 
3,065

Total liabilities
$
22,821

 
$
11,175

 
$
33,996

 
$
20,273

 
$
10,410

 
$
30,683

 
 
 
 
 
 
 
 
 
 
 
 
Noncontrolling interests
$
856

 
$
1

 
$
857

 
$
907

 
$
6

 
$
913

 
Years Ended December 31,
 
2016
 
2015
 
2014
Summarized Operating Data
 
 
 
 
 
Automotive China JVs' net sales
$
47,150

 
$
44,959

 
$
43,853

Others' net sales
2,412

 
3,571

 
3,171

Total net sales
$
49,562

 
$
48,530

 
$
47,024

 
 
 
 
 
 
Automotive China JVs' net income
$
4,117

 
$
4,290

 
$
4,312

Others' net income
378

 
435

 
91

Total net income
$
4,495

 
$
4,725

 
$
4,403



Transactions with Nonconsolidated Affiliates Our nonconsolidated affiliates are involved in various aspects of the development, production and marketing of cars, trucks, crossovers and automobile parts. We enter into transactions with certain nonconsolidated affiliates to purchase and sell component parts and vehicles. The following tables summarize transactions with and balances related to our nonconsolidated affiliates:
 
Years Ended December 31,
 
2016
 
2015
 
2014
Automotive sales and revenue
$
913

 
$
1,764

 
$
2,762

Automotive purchases, net
$
806

 
$
93

 
$
311

Dividends received
$
2,120

 
$
2,047

 
$
1,793

Operating cash flows
$
2,532

 
$
3,782

 
$
4,321

 
December 31, 2016
 
December 31, 2015
Accounts and notes receivable, net
$
818

 
$
721

Accounts payable
$
554

 
$
179

Undistributed earnings
$
2,172

 
$
2,158