XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net sales and revenue        
Total net sales and revenue (Note 2) $ 36,060 $ 36,760 $ 70,938 $ 72,859
Costs and expenses        
Total costs and expenses 33,573 35,283 67,207 70,853
Operating income 2,487 1,477 3,731 2,006
Interest income and other non-operating income, net 364 930 1,169 1,479
Equity income (Note 7) 271 637 685 1,285
Income before income taxes 2,927 2,885 5,209 4,461
Income tax expense (Note 14) 524 519 661 985
Income from continuing operations 2,403 2,366 4,548 3,476
Loss from discontinued operations, net of tax (Note 18) 0 0 0 70
Net income 2,403 2,366 4,548 3,406
Net loss attributable to noncontrolling interests 15 24 27 30
Net income attributable to stockholders 2,418 2,390 4,575 3,436
Net income attributable to common stockholders $ 2,381 $ 2,375 $ 4,500 $ 3,407
Earnings per share (Note 17)        
Basic earnings per common share – continuing operations (in dollars per share) $ 1.68 $ 1.68 $ 3.17 $ 2.47
Basic loss per common share – discontinued operations (in dollars per share) 0 0 0 0.05
Basic earnings per common share (in dollars per share) $ 1.68 $ 1.68 $ 3.17 $ 2.42
Weighted-average common shares outstanding - basic (in shares) 1,420 1,410 1,419 1,409
Diluted earnings per common share – continuing operations (in dollars per share) $ 1.66 $ 1.66 $ 3.13 $ 2.43
Diluted loss per common share – discontinued operations (in dollars per share) 0 0 0 0.05
Diluted earnings per common share (in dollars per share) $ 1.66 $ 1.66 $ 3.13 $ 2.38
Weighted-average common shares outstanding - diluted (in shares) 1,438 1,431 1,437 1,430
Dividends declared per common share (in dollars per share) $ 0.38 $ 0.38 $ 0.76 $ 0.76
Automotive [Member]        
Net sales and revenue        
Automotive $ 32,425 $ 33,275 $ 63,686 $ 65,966
Costs and expenses        
Automotive and other cost of sales 28,327 30,071 56,556 60,255
Automotive and other selling, general and administrative expense 2,102 2,216 4,201 4,588
Automotive interest expense 195 159 376 309
GM Financial [Member]        
Net sales and revenue        
Total net sales and revenue (Note 2) 3,635 3,485 7,252 6,893
Costs and expenses        
GM Financial interest, operating and other expenses $ 3,144 $ 2,996 $ 6,450 $ 6,010