XML 19 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales and revenue      
Automotive $ 133,449 $ 140,205 $ 129,864
GM Financial 12,139 8,979 5,861
Total net sales and revenue 145,588 149,184 135,725
Costs and expenses      
Automotive cost of sales 114,869 120,499 112,995
GM Financial interest, operating and other expenses 11,128 8,369 5,304
Automotive selling, general and administrative expense 9,575 10,354 11,888
Total costs and expenses 135,572 139,222 130,187
Operating income 10,016 9,962 5,538
Automotive interest expense 575 563 423
Interest income and other non-operating income, net 290 327 614
Gain on extinguishment of debt 0 0 449
Equity income (Note 8) 2,132 2,282 2,193
Income before income taxes 11,863 12,008 8,371
Income tax expense (benefit) (Note 18) 11,533 2,739 (1,219)
Income from continuing operations 330 9,269 9,590
Income (loss) from discontinued operations, net of tax (Note 3) (4,212) (1) 25
Net income (loss) (3,882) 9,268 9,615
Net loss attributable to noncontrolling interests 18 159 72
Net income (loss) attributable to stockholders (3,864) 9,427 9,687
Net income (loss) attributable to common stockholders $ (3,880) $ 9,427 $ 9,687
Earnings per share (Note 21)      
Basic earnings per common share – continuing operations (in dollars per share) $ 0.23 $ 6.12 $ 6.09
Basic earnings (loss) per common share – discontinued operations (in dollars per share) (2.88) 0.00 0.02
Basic earnings (loss) per common share (in dollars per share) $ (2.65) $ 6.12 $ 6.11
Weighted-average common shares outstanding – basic (in shares) 1,465 1,540 1,586
Diluted earnings per common share – continuing operations (in dollars per share) $ 0.22 $ 6.00 $ 5.89
Diluted earnings (loss) per common share – discontinued operations (in dollars per share) (2.82) 0.00 0.02
Diluted earnings (loss) per common share (in dollars per share) $ (2.60) $ 6.00 $ 5.91
Weighted-average common shares outstanding – diluted (in shares) 1,492 1,570 1,640