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Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales and revenue      
Automotive $ 122,697 $ 133,045  
Total net sales and revenue (Note 3) 137,237 147,049 $ 145,588
Costs and expenses      
Automotive and other cost of sales 110,651 120,656 116,229
Automotive and other selling, general and administrative expense 8,491 9,650 9,570
Total costs and expenses 131,756 142,604 136,927
Operating income 5,481 4,445 8,661
Automotive interest expense 782 655 575
Interest income and other non-operating income, net (Note 19) 1,469 2,596 1,645
Equity income (Note 8) 1,268 2,163 2,132
Income before income taxes 7,436 8,549 11,863
Income tax expense (Note 17) 769 474 11,533
Income from continuing operations 6,667 8,075 330
Loss from discontinued operations, net of tax (Note 22) 0 70 4,212
Net income (loss) 6,667 8,005 (3,882)
Net loss attributable to noncontrolling interests 65 9 18
Net income (loss) attributable to stockholders 6,732 8,014 (3,864)
Net income (loss) attributable to common stockholders $ 6,581 $ 7,916 $ (3,880)
Earnings per share (Note 21)      
Basic earnings per common share – continuing operations (in dollars per share) $ 4.62 $ 5.66 $ 0.23
Basic loss per common share – discontinued operations (in dollars per share) 0 0.05 2.88
Basic earnings (loss) per common share (in dollars per share) $ 4.62 $ 5.61 $ (2.65)
Weighted-average common shares outstanding – basic (in shares) 1,424 1,411 1,465
Diluted earnings per common share – continuing operations (in dollars per share) $ 4.57 $ 5.58 $ 0.22
Diluted loss per common share – discontinued operations (in dollars per share) 0 0.05 2.82
Diluted earnings (loss) per common share (in dollars per share) $ 4.57 $ 5.53 $ (2.60)
Weighted-average common shares outstanding – diluted (in shares) 1,439 1,431 1,492
Automotive      
Net sales and revenue      
Automotive $ 122,697 $ 133,045 $ 133,449
GM Financial      
Net sales and revenue      
Total net sales and revenue (Note 3) 14,540 14,004 12,139
Costs and expenses      
GM Financial interest, operating and other expenses $ 12,614 $ 12,298 $ 11,128