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Revenue
9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Revenue
Revenue
The following table disaggregates our revenue by major source for revenue generating segments:
 
Three Months Ended September 30, 2018
 
GMNA
 
GMI
 
Corporate
 
Total Automotive
 
GM Financial
 
Eliminations
 
Total
Vehicle, parts and accessories
$
26,273


$
4,226


$
2


$
30,501

 
$


$
(11
)

$
30,490

Used vehicles
582

 
23

 

 
605

 

 
(1
)
 
604

Services and other
795


333


54


1,182

 




1,182

Automotive net sales and revenue
27,650


4,582


56


32,288

 


(12
)

32,276

Leased vehicle income

 

 

 

 
2,501

 

 
2,501

Finance charge income

 

 

 

 
917

 
(2
)
 
915

Other income

 

 

 

 
100

 
(1
)
 
99

GM Financial net sales and revenue







 
3,518


(3
)

3,515

Net sales and revenue
$
27,650


$
4,582


$
56


$
32,288

 
$
3,518


$
(15
)

$
35,791

 
Nine Months Ended September 30, 2018
 
GMNA
 
GMI
 
Corporate
 
Total Automotive
 
GM Financial
 
Eliminations
 
Total
Vehicle, parts and accessories
$
79,029


$
13,320


$
12


$
92,361

 
$


$
(36
)

$
92,325

Used vehicles
2,506


138




2,644

 


(34
)

2,610

Services and other
2,434


730


143


3,307

 




3,307

Automotive net sales and revenue
83,969


14,188


155


98,312

 


(70
)

98,242

Leased vehicle income







 
7,445




7,445

Finance charge income







 
2,667


(5
)

2,662

Other income







 
305


(4
)

301

GM Financial net sales and revenue







 
10,417


(9
)

10,408

Net sales and revenue
$
83,969


$
14,188


$
155


$
98,312

 
$
10,417


$
(79
)

$
108,650



Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Adjustments to sales incentives for previously recognized sales were insignificant in the three and nine months ended September 30, 2018.

Contract liabilities in our Automotive segments consist primarily of maintenance, extended warranty and other service contracts. We recognized revenue of $426 million and $1.2 billion related to contract liabilities during the three and nine months ended September 30, 2018. We expect to recognize revenue of $560 million in the three months ending December 31, 2018 and $1.0 billion, $497 million and $600 million in the years ending December 31, 2019, 2020 and thereafter related to contract liabilities as of September 30, 2018.