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GM Financial Receivables and Transactions (Tables) - GM Financial [Member]
 9 Months Ended
Sep. 30, 2019
Finance Receivables [Line Items]  
GM Financial Receivables

September 30, 2019

December 31, 2018

Retail
 
Commercial(a)
 
Total
 
Retail
 
Commercial(a)
 
Total
Finance receivables, collectively evaluated for impairment, net of fees
$
39,507


$
12,756


$
52,263


$
38,220


$
12,235


$
50,455

Finance receivables, individually evaluated for impairment, net of fees(b)
2,390


40


2,430


2,348


41


2,389

GM Financial receivables
41,897


12,796


54,693


40,568


12,276


52,844

Less: allowance for loan losses(b)
(856
)

(77
)

(933
)

(844
)

(67
)

(911
)
GM Financial receivables, net
$
41,041


$
12,719


$
53,760


$
39,724


$
12,209


$
51,933



















Fair value of GM Financial receivables utilizing Level 2 inputs






$
12,719








$
12,209

Fair value of GM Financial receivables utilizing Level 3 inputs
 
 
 
 
$
41,557

 
 
 
 
 
$
39,430


__________
(a)
Net of dealer cash management balances of $1.2 billion and $922 million at September 30, 2019 and December 31, 2018. Under the cash management program, subject to certain conditions, a dealer may choose to reduce the amount of interest on its floorplan line by making principal payments to GM Financial in advance.
(b)
Retail finance receivables individually evaluated for impairment, net of fees are classified as troubled debt restructurings. The allowance for loan losses included $337 million and $321 million of specific allowances on these receivables at September 30, 2019 and December 31, 2018.
Allowance for Loan Losses
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2019

September 30, 2018
 
September 30, 2019

September 30, 2018
Allowance for loan losses at beginning of period
$
957

 
$
873

 
$
911


$
942

Provision for loan losses
150

 
180

 
504


444

Charge-offs
(300
)
 
(285
)
 
(888
)

(878
)
Recoveries
134

 
130

 
411


398

Effect of foreign currency
(8
)
 
2

 
(5
)

(6
)
Allowance for loan losses at end of period
$
933

 
$
900

 
$
933


$
900
Intercompany Transactions The following table shows transactions between our Automotive segments and GM Financial. These amounts are presented in GM Financial's condensed consolidated balance sheets and statements of income.
 
September 30, 2019
 
December 31, 2018
Condensed Consolidated Balance Sheets(a)
 
 
 
Commercial finance receivables, net due from GM consolidated dealers
$
502

 
$
445

Finance receivables from GM subsidiaries
$
70

 
$
134

Subvention receivable(b)
$
692

 
$
727

Commercial loan funding payable
$
61

 
$
61

 
Three Months Ended
 
Nine Months Ended
 
September 30, 2019
 
September 30, 2018
 
September 30, 2019
 
September 30, 2018
Condensed Consolidated Statements of Income
 
 
 
 
 
 
 
Interest subvention earned on finance receivables
$
153

 
$
142

 
$
448

 
$
409

Leased vehicle subvention earned
$
814

 
$
827

 
$
2,467

 
$
2,438

__________
(a)
All balance sheet amounts are eliminated upon consolidation.
(b)
Cash paid by Automotive segments to GM Financial for subvention was $1.0 billion and $1.1 billion for the three months ended September 30, 2019 and 2018 and $3.1 billion and $2.8 billion for the nine months ended September 30, 2019 and 2018.
Retail Finance Receivables [Member]  
Finance Receivables [Line Items]  
Retail Finance Receivables Delinquency The following table summarizes the contractual amount of delinquent retail finance receivables, which is not significantly different than the recorded investment of the retail finance receivables:

September 30, 2019

September 30, 2018

Amount
 
Percent of Contractual Amount Due
 
Amount
 
Percent of Contractual Amount Due
31-to-60 days delinquent
$
1,252


3.0
%

$
1,302


3.5
%
Greater-than-60 days delinquent
514


1.2
%

498


1.3
%
Total finance receivables more than 30 days delinquent
1,766


4.2
%

1,800


4.8
%
In repossession
48


0.1
%

53


0.1
%
Total finance receivables more than 30 days delinquent or in repossession
$
1,814


4.3
%

$
1,853


4.9
%
Commercial Finance Receivables [Member]  
Finance Receivables [Line Items]  
Commercial Finance Receivables Credit Quality The following table summarizes the credit risk profile by dealer risk rating of the commercial finance receivables: 
 
 
September 30, 2019
 
December 31, 2018
Group I
– Dealers with superior financial metrics
$
1,924


$
2,192

Group II
– Dealers with strong financial metrics
5,273


4,399

Group III
– Dealers with fair financial metrics
3,994


4,064

Group IV
– Dealers with weak financial metrics
1,199


1,116

Group V
– Dealers warranting special mention due to elevated risks
332


422

Group VI
– Dealers with loans classified as substandard, doubtful or impaired
74


83

 
 
$
12,796


$
12,276