XML 25 R45.htm IDEA: XBRL DOCUMENT
v3.19.3

Segment Reporting (Tables) | 9 Months Ended
--- | ---
Sep. 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 September 30, 2019
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 27,971 |  |  | $ | 3,794 |  |  | $ | 52 |  |  |  |  | $ | 31,817 |  |  | $ | 25 |  |  | $ | 3,659 |  |  | $ | (28 | ) |  | $ | 35,473 |
Earnings (loss) before interest and taxes-adjusted | $ | 3,023 |  |  | $ | (65 | ) |  | $ | (451 | ) |  |  |  | $ | 2,507 |  |  | $ | (251 | ) |  | $ | 711 |  |  | $ | (1 | ) |  | $ | 2,966 |
Adjustments(a) | $ | (359 | ) |  | $ | 92 |  |  | $ | — |  |  |  |  | $ | (267 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | (267 | )
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 129 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (206 | )
Net (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (40 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,582 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (271 | )
Income from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,311 |
Loss from discontinued operations, net of tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |
Net loss attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 40 |
Net income attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,351 |
Equity in net assets of nonconsolidated affiliates | $ | 85 |  |  | $ | 7,024 |  |  | $ | 6 |  |  | $ | — |  |  | $ | 7,115 |  |  | $ | — |  |  | $ | 1,381 |  |  | $ | — |  |  | $ | 8,496 |
Goodwill and intangibles | $ | 2,488 |  |  | $ | 896 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 3,385 |  |  | $ | 670 |  |  | $ | 1,353 |  |  | $ | — |  |  | $ | 5,408 |
Total assets | $ | 115,995 |  |  | $ | 25,562 |  |  | $ | 34,309 |  |  | $ | (56,381 | ) |  | $ | 119,485 |  |  | $ | 4,406 |  |  | $ | 109,099 |  |  | $ | (1,461 | ) |  | $ | 231,529 |
Depreciation and amortization | $ | 1,325 |  |  | $ | 133 |  |  | $ | 11 |  |  | $ | — |  |  | $ | 1,469 |  |  | $ | 7 |  |  | $ | 1,832 |  |  | $ | — |  |  | $ | 3,308 |
Impairment charges | $ | — |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |
Equity income (loss) | $ | 3 |  |  | $ | 279 |  |  | $ | (6 | ) |  | $ | — |  |  | $ | 276 |  |  | $ | — |  |  | $ | 39 |  |  | $ | — |  |  | $ | 315 |
__________
(a) | Consists of restructuring and other charges related to transformation activities of $390 million, primarily in GMNA and a benefit of $123 million related to the retrospective recoveries of indirect taxes in Brazil in GMI.
| At and For the Three Months Ended September 30, 2018
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations |  | Total
Net sales and revenue | $ | 27,650 |  |  | $ | 4,582 |  |  | $ | 56 |  |  |  |  | $ | 32,288 |  |  | $ | — |  |  | $ | 3,518 |  |  | $ | (15 | ) |  | $ | 35,791 |
Earnings (loss) before interest and taxes-adjusted | $ | 2,825 |  |  | $ | 139 |  |  | $ | (94 | ) |  |  |  | $ | 2,870 |  |  | $ | (214 | ) |  | $ | 498 |  |  | $ | (1 | ) |  | $ | 3,153 |
Adjustments(a) | $ | — |  |  | $ | — |  |  | $ | (440 | ) |  |  |  | $ | (440 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | (440 | )
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 82 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (161 | )
Net (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (4 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,630 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (100 | )
Income from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,530 |
Loss from discontinued operations, net of tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |
Net loss attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 |
Net income attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,534 |
Equity in net assets of nonconsolidated affiliates | $ | 77 |  |  | $ | 7,770 |  |  | $ | — |  |  | $ | — |  |  | $ | 7,847 |  |  | $ | — |  |  | $ | 1,308 |  |  | $ | — |  |  | $ | 9,155 |
Goodwill and intangibles | $ | 2,674 |  |  | $ | 939 |  |  | $ | 2 |  |  | $ | — |  |  | $ | 3,615 |  |  | $ | 679 |  |  | $ | 1,357 |  |  | $ | — |  |  | $ | 5,651 |
Total assets | $ | 110,245 |  |  | $ | 25,780 |  |  | $ | 28,194 |  |  | $ | (45,323 | ) |  | $ | 118,896 |  |  | $ | 2,567 |  |  | $ | 105,658 |  |  | $ | (1,410 | ) |  | $ | 225,711 |
Depreciation and amortization | $ | 1,251 |  |  | $ | 136 |  |  | $ | 12 |  |  | $ | — |  |  | $ | 1,399 |  |  | $ | 2 |  |  | $ | 1,904 |  |  | $ | — |  |  | $ | 3,305 |
Impairment charges | $ | — |  |  | $ | 2 |  |  | $ | 6 |  |  | $ | — |  |  | $ | 8 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 8 |
Equity income | $ | 2 |  |  | $ | 484 |  |  | $ | — |  |  | $ | — |  |  | $ | 486 |  |  | $ | — |  |  | $ | 44 |  |  | $ | — |  |  | $ | 530 |
__________
(a) | Consists of charges for ignition switch-related legal matters.
| At and For the Nine Months Ended September 30, 2019
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 83,660 |  |  | $ | 11,691 |  |  | $ | 152 |  |  |  |  | $ | 95,503 |  |  | $ | 75 |  |  | $ | 10,918 |  |  | $ | (85 | ) |  | $ | 106,411 |
Earnings (loss) before interest and taxes-adjusted | $ | 7,941 |  |  | $ | (82 | ) |  | $ | (461 | ) |  |  |  |  | $ | 7,398 |  |  | $ | (699 | ) |  | $ | 1,606 |  |  | $ | (17 | ) |  | $ | 8,288 |
Adjustments(a) | $ | (1,478 | ) |  | $ | 1,299 |  |  | $ | (2 | ) |  |  |  |  | $ | (181 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | (181 | )
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 333 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (582 | )
Net (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (67 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,791 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (932 | )
Income from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6,859 |
Loss from discontinued operations, net of tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |
Net loss attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 67 |
Net income attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 6,926 |
Depreciation and amortization | $ | 4,803 |  |  | $ | 379 |  |  | $ | 36 |  |  | $ | — |  |  | $ | 5,218 |  |  | $ | 16 |  |  | $ | 5,579 |  |  | $ | — |  |  | $ | 10,813 |
Impairment charges | $ | 15 |  |  | $ | 4 |  |  | $ | — |  |  | $ | — |  |  | $ | 19 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 19 |
Equity income (loss) | $ | 7 |  |  | $ | 886 |  |  | $ | (19 | ) |  | $ | — |  |  | $ | 874 |  |  | $ | — |  |  | $ | 126 |  |  | $ | — |  |  | $ | 1,000 |
__________
(a) | Consists of restructuring and other charges related to transformation activities of $1.5 billion, primarily in GMNA and a benefit of $1.4 billion related to the retrospective recoveries of indirect taxes in Brazil in GMI.
| At and For the Nine Months Ended September 30, 2018
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations |  | Total
Net sales and revenue | $ | 83,969 |  |  | $ | 14,188 |  |  | $ | 155 |  |  |  |  | $ | 98,312 |  |  | $ | — |  |  | $ | 10,417 |  |  | $ | (79 | ) |  | $ | 108,650 |
Earnings (loss) before interest and taxes-adjusted | $ | 7,728 |  |  | $ | 471 |  |  | $ | (187 | ) |  |  |  | $ | 8,012 |  |  | $ | (534 | ) |  | $ | 1,477 |  |  | $ | — |  |  | $ | 8,955 |
Adjustments(a) | $ | — |  |  | $ | (1,138 | ) |  | $ | (440 | ) |  |  |  | $ | (1,578 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | (1,578 | )
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 218 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (470 | )
Net (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (34 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,091 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,085 | )
Income from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6,006 |
Loss from discontinued operations, net of tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (70 | )
Net loss attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 34 |
Net income attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 5,970 |
Depreciation and amortization | $ | 3,474 |  |  | $ | 426 |  |  | $ | 36 |  |  | $ | — |  |  | $ | 3,936 |  |  | $ | 5 |  |  | $ | 5,560 |  |  | $ | — |  |  | $ | 9,501 |
Impairment charges | $ | 53 |  |  | $ | 463 |  |  | $ | 6 |  |  | $ | — |  |  | $ | 522 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 522 |
Equity income | $ | 7 |  |  | $ | 1,667 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,674 |  |  | $ | — |  |  | $ | 141 |  |  | $ | — |  |  | $ | 1,815 |
__________
(a) | Consists of charges of $1.1 billion related to restructuring actions in Korea in GMI, which is net of noncontrolling interest, and charges of $440 million for ignition switch-related legal matters in Corporate.

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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration