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Supplementary Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | The following tables summarize supplementary quarterly financial information:
| 1st Quarter |  | 2nd Quarter |  | 3rd Quarter |  | 4th Quarter
2017 |  |  |  |  |  |  |
Total net sales and revenue | $ | 37,266 |  |  | $ | 36,984 |  |  | $ | 33,623 |  |  | $ | 37,715 |
Automotive gross margin | $ | 5,081 |  |  | $ | 4,786 |  |  | $ | 3,955 |  |  | $ | 4,758 |
Income (loss) from continuing operations | $ | 2,686 |  |  | $ | 2,433 |  |  | $ | 114 |  |  | $ | (4,903 | )
(Loss) from discontinued operations, net of tax | $ | (69 | ) |  | $ | (770 | ) |  | $ | (3,096 | ) |  | $ | (277 | )
Net income (loss) attributable to stockholders | $ | 2,608 |  |  | $ | 1,660 |  |  | $ | (2,981 | ) |  | $ | (5,151 | )
Basic earnings (loss) per common share – continuing operations | $ | 1.78 |  |  | $ | 1.62 |  |  | $ | 0.08 |  |  | $ | (3.46 | )
Basic (loss) per common share – discontinued operations | $ | (0.05 | ) |  | $ | (0.51 | ) |  | $ | (2.14 | ) |  | $ | (0.19 | )
Diluted earnings (loss) per common share – continuing operations | $ | 1.75 |  |  | $ | 1.60 |  |  | $ | 0.08 |  |  | $ | (3.46 | )
Diluted (loss) per common share – discontinued operations | $ | (0.05 | ) |  | $ | (0.51 | ) |  | $ | (2.11 | ) |  | $ | (0.19 | )
In the three months ended June 30, 2017, September 30, 2017 and December 31, 2017, we collectively recorded a total charge of $6.2 billion as a result of the sale of the European Business, of which $3.9 billion is recorded in Income (loss) from discontinued operations, net of tax, and $2.3 billion is related to Income tax expense. In the three months ended December 31, 2017, the Company recorded a $7.3 billion tax expense related to the U.S. tax reform legislation.
| 1st Quarter |  | 2nd Quarter |  | 3rd Quarter |  | 4th Quarter
2016 |  |  |  |  |  |  |
Total net sales and revenue | $ | 33,016 |  |  | $ | 37,383 |  |  | $ | 38,889 |  |  | $ | 39,896 |
Automotive gross margin | $ | 4,405 |  |  | $ | 5,305 |  |  | $ | 5,391 |  |  | $ | 4,605 |
Income from continuing operations | $ | 1,923 |  |  | $ | 2,744 |  |  | $ | 2,707 |  |  | $ | 1,895 |
Income (loss) from discontinued operations, net of tax | $ | 8 |  |  | $ | 106 |  |  | $ | 5 |  |  | $ | (120 | )
Net income attributable to stockholders | $ | 1,953 |  |  | $ | 2,866 |  |  | $ | 2,773 |  |  | $ | 1,835 |
Basic earnings per common share – continuing operations | $ | 1.25 |  |  | $ | 1.78 |  |  | $ | 1.79 |  |  | $ | 1.29 |
Basic earnings (loss) per common share – discontinued operations | $ | 0.01 |  |  | $ | 0.07 |  |  | $ | — |  |  | $ | (0.08 | )
Diluted earnings per common share – continuing operations | $ | 1.23 |  |  | $ | 1.74 |  |  | $ | 1.76 |  |  | $ | 1.27 |
Diluted earnings (loss) per common share – discontinued operations | $ | 0.01 |  |  | $ | 0.07 |  |  | $ | — |  |  | $ | (0.08 | )

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
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