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v3.8.0.1

Condensed Consolidated Income Statements - USD ($) shares in Millions, $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2018 | Mar. 31, 2017
Net sales and revenue |  |
Automotive | $ 32,691 | $ 34,519
GM Financial | 3,408 | 2,747
Total net sales and revenue (Note 3) | 36,099 | 37,266
Costs and expenses |  |
Automotive cost of sales | 30,184 | 29,761
GM Financial interest, operating and other expenses | 3,014 | 2,566
Automotive selling, general and administrative expense | 2,372 | 2,356
Total costs and expenses | 35,570 | 34,683
Operating income | 529 | 2,583
Interest income and other non-operating income, net | 549 | 482
Equity income (Note 8) | 648 | 555
Income before income taxes | 1,576 | 3,473
Income tax expense (Note 15) | 466 | 787
Income from continuing operations | 1,110 | 2,686
Loss from discontinued operations, net of tax (Note 19) | 70 | 69
Net income | 1,040 | 2,617
Net (income) loss attributable to noncontrolling interests | 6 | (9)
Net income attributable to stockholders | 1,046 | 2,608
Net income attributable to common stockholders | $ 1,032 | $ 2,608
Basic |  |
Basic earnings per common share – continuing operations (in dollars per share) | $ 0.78 | $ 1.78
Basic loss per common share – discontinued operations (in dollars per share) | 0.05 | 0.05
Basic earnings per common share (in dollars per share) | $ 0.73 | $ 1.73
Weighted-average common shares outstanding (in shares) | 1,408 | 1,505
Diluted |  |
Diluted earnings per common share – continuing operations (in dollars per share) | $ 0.77 | $ 1.75
Diluted loss per common share – discontinued operations (in dollars per share) | 0.05 | 0.05
Diluted earnings per common share (in dollars per share) | $ 0.72 | $ 1.70
Weighted-average common shares outstanding (in shares) | 1,430 | 1,532
Dividends declared per common share (in dollars per share) | $ 0.38 | $ 0.38
Automotive [Member] |  |
Costs and expenses |  |
Automotive interest expense | $ 150 | $ 147

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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591552-111686 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=96868048&loc=SL4569616-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591551-111686 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684 + Details
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- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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