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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize key financial information by segment:

	At and For the Three Months Ended June 30, 2019
	GMNA				GMI				Corporate				Eliminations				Total Automotive				GM Cruise				GM Financial				Eliminations/Reclassifications				Total
Net sales and revenue	$	28,324			$	4,047			$	54							$	32,425			$	25			$	3,639			$	(29	)		$	36,060
Earnings (loss) before interest and taxes-adjusted	$	3,022			$	(48	)		$	(216	)						$	2,758			$	(279	)		$	536			$	(3	)		$	3,012
Adjustments(a)	$	(336	)		$	357			$	(2	)						$	19			$	—			$	—			$	—			19
Automotive interest income																																	106
Automotive interest expense																																	(195		)
Net (loss) attributable to noncontrolling interests																																	(15		)
Income before income taxes																																	2,927
Income tax expense																																	(524		)
Income from continuing operations																																	2,403
Loss from discontinued operations, net of tax																																	—
Net loss attributable to noncontrolling interests																																	15
Net income attributable to stockholders																																	$	2,418
Equity in net assets of nonconsolidated affiliates	$	82			$	6,800			$	12			$	—			$	6,894			$	—			$	1,446			$	—			$	8,340
Goodwill and intangibles	$	2,520			$	908			$	1			$	—			$	3,429			$	670			$	1,358			$	—			$	5,457
Total assets	$	114,515			$	26,681			$	29,597			$	(50,446	)		$	120,347			$	4,212			$	110,711			$	(1,533	)		$	233,737
Depreciation and amortization	$	1,409			$	119			$	13			$	—			$	1,541			$	7			$	1,848			$	—			$	3,396
Impairment charges	$	8			$	3			$	—			$	—			$	11			$	—			$	—			$	—			$	11
Equity income	$	2			$	233			$	(6	)		$	—			$	229			$	—			$	42			$	—			$	271

__________

(a) Consists of restructuring and other charges related to transformation activities of $361 million, primarily in GMNA and a benefit of $380 million related to the retrospective recoveries of indirect taxes in Brazil in GMI.

	At and For the Three Months Ended June 30, 2018
	GMNA				GMI				Corporate				Eliminations				Total Automotive				GM Cruise				GM Financial				Eliminations				Total
Net sales and revenue	$	28,501			$	4,758			$	50							$	33,309			$	—			$	3,488			$	(37	)		$	36,760
Earnings (loss) before interest and taxes-adjusted	$	2,670			$	143			$	—							$	2,813			$	(154	)		$	536			$	(3	)		$	3,192
Adjustments(a)	$	—			$	(196	)		$	—							$	(196	)		$	—			$	—			$	—			(196		)
Automotive interest income																																	72
Automotive interest expense																																	(159		)
Net (loss) attributable to noncontrolling interests																																	(24		)
Income before income taxes																																	2,885
Income tax expense																																	(519		)
Income from continuing operations																																	2,366
Loss from discontinued operations, net of tax																																	—
Net loss attributable to noncontrolling interests																																	24
Net income attributable to stockholders																																	$	2,390
Equity in net assets of nonconsolidated affiliates	$	81			$	7,447			$	—			$	—			$	7,528			$	—			$	1,260			$	—			$	8,788
Goodwill and intangibles	$	2,725			$	949			$	9			$	—			$	3,683			$	679			$	1,358			$	—			$	5,720
Total assets	$	108,202			$	26,905			$	24,795			$	(45,289	)		$	114,613			$	2,684			$	102,657			$	(1,313	)		$	218,641
Depreciation and amortization	$	1,114			$	137			$	13			$	—			$	1,264			$	2			$	1,833			$	—			$	3,099
Impairment charges	$	28			$	2			$	—			$	—			$	30			$	—			$	—			$	—			$	30
Equity income	$	3			$	589			$	—			$	—			$	592			$	—			$	45			$	—			$	637

__________

(a) Consists of charges related to restructuring actions in Korea in GMI, which is net of noncontrolling interest.

	At and For the Six Months Ended June 30, 2019
	GMNA				GMI				Corporate				Eliminations				Total Automotive				GM Cruise				GM Financial				Eliminations/Reclassifications				Total
Net sales and revenue	$	55,689			$	7,897			$	100							$	63,686			$	50			$	7,259			$	(57	)		$	70,938
Earnings (loss) before interest and taxes-adjusted	$	4,918			$	(17	)		$	(10	)						$	4,891			$	(448	)		$	895			$	(16	)		$	5,322
Adjustments(a)	$	(1,119	)		$	1,207			$	(2	)						$	86			$	—			$	—			$	—			86
Automotive interest income																																	204
Automotive interest expense																																	(376		)
Net (loss) attributable to noncontrolling interests																																	(27		)
Income before income taxes																																	5,209
Income tax expense																																	(661		)
Income from continuing operations																																	4,548
Loss from discontinued operations, net of tax																																	—
Net loss attributable to noncontrolling interests																																	27
Net income attributable to stockholders																																	$	4,575
Depreciation and amortization	$	3,478			$	246			$	25			$	—			$	3,749			$	9			$	3,747			$	—			$	7,505
Impairment charges	$	15			$	3			$	—			$	—			$	18			$	—			$	—			$	—			$	18
Equity income	$	4			$	607			$	(13	)		$	—			$	598			$	—			$	87			$	—			$	685

__________

(a) Consists of restructuring and other charges related to transformation activities of $1.2 billion, primarily in GMNA and a benefit of $1.2 billion related to the retrospective recoveries of indirect taxes in Brazil in GMI.

	At and For the Six Months Ended June 30, 2018
	GMNA				GMI				Corporate				Eliminations				Total Automotive				GM Cruise				GM Financial				Eliminations				Total
Net sales and revenue	$	56,319			$	9,606			$	99							$	66,024			$	—			$	6,899			$	(64	)		$	72,859
Earnings (loss) before interest and taxes-adjusted	$	4,903			$	332			$	(93	)						$	5,142			$	(320	)		$	979			$	1			$	5,802
Adjustments(a)	$	—			$	(1,138	)		$	—							$	(1,138	)		$	—			$	—			$	—			(1,138		)
Automotive interest income																																	136
Automotive interest expense																																	(309		)
Net (loss) attributable to noncontrolling interests																																	(30		)
Income before income taxes																																	4,461
Income tax expense																																	(985		)
Income from continuing operations																																	3,476
Loss from discontinued operations, net of tax																																	(70		)
Net loss attributable to noncontrolling interests																																	30
Net income attributable to stockholders																																	$	3,436
Depreciation and amortization	$	2,223			$	290			$	24			$	—			$	2,537			$	3			$	3,656			$	—			$	6,196
Impairment charges	$	53			$	461			$	—			$	—			$	514			$	—			$	—			$	—			$	514
Equity income	$	5			$	1,183			$	—			$	—			$	1,188			$	—			$	97			$	—			$	1,285

__________

(a) Consists of charges related to restructuring actions in Korea in GMI, which is net of noncontrolling interest.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
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-Topic 280
-SubTopic 10
-Section 50
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