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Segment Reporting
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment Reporting
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 strategic initiatives. 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. At a future reporting date, GME will be presented as held for sale and as discontinued operations following the receipt of certain consents and approvals required for closing of the sale of the Transferred Business.

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, Maven, corporate expenditures including autonomous vehicle-related engineering and other costs and certain nonsegment specific revenues and expenses are recorded centrally in Corporate. Corporate assets consist primarily of cash and cash equivalents, marketable securities, our investment in Lyft, goodwill, intangibles, Maven vehicles 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 March 31, 2017
 
GMNA
 
GME
 
GMIO
 
GMSA
 
Corporate
 
Eliminations
 
Total Automotive
 
GM Financial
 
Eliminations
 
Total
Net sales and revenue
$
29,302

 
$
4,501

 
$
2,520

 
$
1,959

 
$
174

 
 
 
$
38,456

 
$
2,879

 
$
(135
)
 
$
41,200

Earnings (loss) before interest and taxes-adjusted
$
3,416

 
$
(201
)
 
$
319

 
$
(115
)
 
$
(282
)
 
 
 
$
3,137

 
$
260

 
$
(2
)
 
$
3,395

Adjustments
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
 
 
$
—

 
$
—

 
$
—

 
—

Automotive interest income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
57

Automotive interest expense
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(144
)
Net income attributable to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
9

Income before income taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3,317

Income tax expense
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(700
)
Net (income) attributable to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(9
)
Net income attributable to common stockholders
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
2,608

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity in net assets of nonconsolidated affiliates
$
77

 
$
—

 
$
8,339

 
$
2

 
$
—

 
$
—

 
$
8,418

 
$
998

 
$
—

 
$
9,416

Total assets
$
105,784

 
$
14,529

 
$
20,537

 
$
7,826

 
$
26,823

 
$
(37,858
)
 
$
137,641

 
$
94,684

 
$
(1,532
)
 
$
230,793

Depreciation and amortization
$
1,100

 
$
95

 
$
118

 
$
73

 
$
1

 
$
(1
)
 
$
1,386

 
$
1,439

 
$
—

 
$
2,825

Impairment charges
$
15

 
$
37

 
$
1

 
$
—

 
$
5

 
$
—

 
$
58

 
$
—

 
$
—

 
$
58

Equity income
$
5

 
$
—

 
$
503

 
$
—

 
$
—

 
$
—

 
$
508

 
$
47

 
$
—

 
$
555

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
At and For the Three Months Ended March 31, 2016
 
GMNA
 
GME
 
GMIO
 
GMSA
 
Corporate
 
Eliminations
 
Total
Automotive
 
GM
Financial
 
Eliminations
 
Total
Net sales and revenue
$
26,463

 
$
4,681

 
$
2,679

 
$
1,343

 
$
29

 
 
 
$
35,195

 
$
2,075

 
$
(5
)
 
$
37,265

Earnings (loss) before interest and taxes-adjusted
$
2,296

 
$
(6
)
 
$
379

 
$
(67
)
 
$
(169
)
 
 
 
$
2,433

 
$
225

 
$
(3
)
 
$
2,655

Adjustments(a)
$
—

 
$
—

 
$
—

 
$
—

 
$
(60
)
 
 
 
$
(60
)
 
$
—

 
$
—

 
(60
)
Automotive interest income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
44

Automotive interest expense
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(127
)
Net (loss) attributable to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(22
)
Income before income taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2,490

Income tax expense
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(559
)
Net loss attributable to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
22

Net income attributable to common stockholders
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
1,953

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity in net assets of nonconsolidated affiliates
$
89

 
$
—

 
$
8,560

 
$
2

 
$
—

 
$
—

 
$
8,651

 
$
989

 
$
—

 
$
9,640

Total assets
$
94,496

 
$
14,939

 
$
21,234

 
$
7,340

 
$
19,801

 
$
(25,290
)
 
$
132,520

 
$
72,907

 
$
(1,809
)
 
$
203,618

Depreciation and amortization
$
1,021

 
$
103

 
$
108

 
$
57

 
$
5

 
$
(2
)
 
$
1,292

 
$
930

 
$
—

 
$
2,222

Impairment charges
$
12

 
$
26

 
$
32

 
$
—

 
$
—

 
$
—

 
$
70

 
$
—

 
$
—

 
$
70

Equity income
$
6

 
$
—

 
$
518

 
$
—

 
$
—

 
$
—

 
$
524

 
$
36

 
$
—

 
$
560

__________
(a)
Charges of $60 million for legal related matters related to the ignition switch recall.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
*  *  *  *  *  *  *