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Supplementary Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following tables summarize supplementary quarterly financial information:
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
2018
 
 
 
 
 
 
 
Total net sales and revenue
$
36,099

 
$
36,760

 
$
35,791

 
$
38,399

Automotive and other gross margin(a)
$
2,507

 
$
3,204

 
$
3,743

 
$
2,935

Income from continuing operations
$
1,110

 
$
2,366

 
$
2,530

 
$
2,069

Loss from discontinued operations, net of tax
$
70

 
$

 
$

 
$

Net income attributable to stockholders
$
1,046

 
$
2,390

 
$
2,534

 
$
2,044

Basic earnings per common share – continuing operations
$
0.78

 
$
1.68

 
$
1.77

 
$
1.42

Basic loss per common share – discontinued operations
$
0.05

 
$

 
$

 
$

Diluted earnings per common share – continuing operations
$
0.77

 
$
1.66

 
$
1.75

 
$
1.40

Diluted loss per common share – discontinued operations
$
0.05

 
$

 
$

 
$

__________
(a)
Includes our GM Cruise segment.

In the three months ended March 31, 2018 and June 30, 2018, we collectively recorded charges of $1.1 billion related to the closure of a facility and other restructuring actions in Korea. In the three months ended September 30, 2018 we recorded charges of $440 million for ignition switch related legal matters. In the three months ended December 31, 2018 we recorded charges of $1.3 billion related to transformation activities including employee separation, accelerated depreciation and other charges; and a non-recurring tax benefit of $1.0 billion related to foreign earnings.

 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
2017
 
 
 
 
 
 
 
Total net sales and revenue
$
37,266

 
$
36,984

 
$
33,623


$
37,715

Automotive and other gross margin(a)
$
4,758

 
$
4,463

 
$
3,614


$
4,385

Income (loss) from continuing operations
$
2,686

 
$
2,433

 
$
114


$
(4,903
)
Loss from discontinued operations, net of tax
$
69

 
$
770

 
$
3,096


$
277

Net income (loss) attributable to stockholders
$
2,608

 
$
1,660

 
$
(2,981
)

$
(5,151
)
Basic earnings (loss) per common share – continuing operations
$
1.78

 
$
1.62

 
$
0.08


$
(3.46
)
Basic loss per common share – discontinued operations
$
0.05

 
$
0.51

 
$
2.14


$
0.19

Diluted earnings (loss) per common share – continuing operations
$
1.75

 
$
1.60

 
$
0.08


$
(3.46
)
Diluted loss per common share – discontinued operations
$
0.05

 
$
0.51

 
$
2.11


$
0.19


__________
(a)
Includes our GM Cruise segment.