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Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net sales and revenue        
Total net sales and revenue (Note 3) $ 35,791 $ 33,623 $ 108,650 $ 107,873
Costs and expenses        
Total costs and expenses 34,181 32,047 105,034 101,417
Operating income 1,610 1,576 3,616 6,456
Interest income and other non-operating income, net 651 505 2,130 1,259
Equity income (Note 8) 530 500 1,815 1,585
Income before income taxes 2,630 2,430 7,091 8,870
Income tax expense (Note 15) 100 2,316 1,085 3,637
Income from continuing operations 2,530 114 6,006 5,233
Loss from discontinued operations, net of tax (Note 19) 0 3,096 70 3,935
Net income (loss) 2,530 (2,982) 5,936 1,298
Net (income) loss attributable to noncontrolling interests 4 1 34 (11)
Net income (loss) attributable to stockholders 2,534 (2,981) 5,970 1,287
Net income (loss) attributable to common stockholders $ 2,503 $ (2,983) $ 5,910 $ 1,285
Earnings per share (Note 18)        
Basic earnings per common share – continuing operations (in dollars per share) $ 1.77 $ 0.08 $ 4.24 $ 3.52
Basic loss per common share – discontinued operations (in dollars per share) 0.00 2.14 0.05 2.65
Basic earnings (loss) per common share (in dollars per share) $ 1.77 $ (2.06) $ 4.19 $ 0.87
Weighted-average common shares outstanding - basic (in shares) 1,412 1,445 1,410 1,483
Diluted earnings per common share – continuing operations (in dollars per share) $ 1.75 $ 0.08 $ 4.18 $ 3.46
Diluted loss per common share – discontinued operations (in dollars per share) 0.00 2.11 0.05 2.61
Diluted earnings (loss) per common share (in dollars per share) $ 1.75 $ (2.03) $ 4.13 $ 0.85
Weighted-average common shares outstanding- diluted (in shares) 1,431 1,472 1,431 1,507
Dividends declared per common share (in dollars per share) $ 0.38 $ 0.38 $ 1.14 $ 1.14
Automotive [Member]        
Net sales and revenue        
Automotive $ 32,276 $ 30,466 $ 98,242 $ 98,983
Costs and expenses        
Automotive and other cost of sales 28,533 26,852 88,788 86,148
Automotive and other selling, general and administrative expense 2,584 2,303 7,172 7,136
Automotive interest expense 161 151 470 430
GM Financial [Member]        
Net sales and revenue        
Total net sales and revenue (Note 3) 3,515 3,157 10,408 8,890
Costs and expenses        
GM Financial interest, operating and other expenses $ 3,064 $ 2,892 $ 9,074 $ 8,133