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Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net sales and revenue        
Automotive $ 33,275 $ 33,998 $ 65,966 $ 68,517
GM Financial 3,485 2,986 6,893 5,733
Total net sales and revenue (Note 3) 36,760 36,984 72,859 74,250
Costs and expenses        
Automotive and other cost of sales 30,071 29,535 60,255 59,296
GM Financial interest, operating and other expenses 2,996 2,675 6,010 5,241
Automotive and other selling, general and administrative expense 2,216 2,477 4,588 4,833
Total costs and expenses 35,283 34,687 70,853 69,370
Operating income 1,477 2,297 2,006 4,880
Interest income and other non-operating income, net 930 272 1,479 754
Equity income (Note 8) 637 530 1,285 1,085
Income before income taxes 2,885 2,967 4,461 6,440
Income tax expense (Note 15) 519 534 985 1,321
Income from continuing operations 2,366 2,433 3,476 5,119
Loss from discontinued operations, net of tax (Note 19) 0 770 70 839
Net income 2,366 1,663 3,406 4,280
Net (income) loss attributable to noncontrolling interests 24 (3) 30 (12)
Net income attributable to stockholders 2,390 1,660 3,436 4,268
Net income attributable to common stockholders $ 2,375 $ 1,660 $ 3,407 $ 4,268
Earnings per share (Note 18)        
Basic earnings per common share – continuing operations (in dollars per share) $ 1.68 $ 1.62 $ 2.47 $ 3.40
Basic loss per common share – discontinued operations (in dollars per share) 0.00 0.51 0.05 0.56
Basic earnings per common share (in dollars per share) $ 1.68 $ 1.11 $ 2.42 $ 2.84
Weighted-average common shares outstanding - basic (in shares) 1,410 1,497 1,409 1,501
Diluted earnings per common share – continuing operations (in dollars per share) $ 1.66 $ 1.60 $ 2.43 $ 3.35
Diluted loss per common share – discontinued operations (in dollars per share) 0.00 0.51 0.05 0.55
Diluted earnings per common share (in dollars per share) $ 1.66 $ 1.09 $ 2.38 $ 2.80
Weighted-average common shares outstanding- diluted (in shares) 1,431 1,519 1,430 1,525
Dividends declared per common share (in dollars per share) $ 0.38 $ 0.38 $ 0.76 $ 0.76
Automotive [Member]        
Costs and expenses        
Automotive interest expense $ 159 $ 132 $ 309 $ 279