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Revenue
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table disaggregates our revenue by major source:
 
Three Months Ended March 31, 2020
 
GMNA
 
GMI
 
Corporate
 
Total Automotive
 
Cruise
 
GM Financial
 
Eliminations/Reclassifications
 
Total
Vehicle, parts and accessories
$
24,576


$
2,998


$


$
27,574


$

 
$


$


$
27,574

Used vehicles
376

 
25

 
2

 
403

 

 

 

 
403

Services and other
879


257


36


1,172


25

 


(24
)

1,173

Automotive net sales and revenue
25,831


3,280


38


29,149


25

 


(24
)

29,150

Leased vehicle income

 

 

 

 

 
2,463

 

 
2,463

Finance charge income

 

 

 

 

 
1,006

 
(1
)
 
1,005

Other income

 

 

 

 

 
92

 
(1
)
 
91

GM Financial net sales and revenue









 
3,561


(2
)

3,559

Net sales and revenue
$
25,831


$
3,280


$
38


$
29,149


$
25

 
$
3,561


$
(26
)

$
32,709


Three Months Ended March 31, 2019

GMNA

GMI

Corporate

Total Automotive

Cruise
 
GM Financial

Eliminations/ Reclassifications

Total
Vehicle, parts and accessories
$
25,962


$
3,567


$


$
29,529


$

 
$


$


$
29,529

Used vehicles
627


35




662



 




662

Services and other
776


248


46


1,070


25

 


(25
)

1,070

Automotive net sales and revenue
27,365


3,850


46


31,261


25

 


(25
)

31,261

Leased vehicle income









 
2,509




2,509

Finance charge income









 
987


(2
)

985

Other income









 
124


(1
)

123

GM Financial net sales and revenue









 
3,620


(3
)

3,617

Net sales and revenue
$
27,365


$
3,850


$
46


$
31,261


$
25

 
$
3,620


$
(28
)

$
34,878


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Adjustments to sales incentives for previously recognized sales were insignificant in the three months ended March 31, 2020 and 2019.
 
Contract liabilities in our Automotive segments primarily consist of maintenance, extended warranty and other service contracts. We recognized revenue of $386 million and $433 million related to contract liabilities during the three months ended March 31, 2020 and 2019. We expect to recognize revenue of $885 million in the nine months ending December 31, 2020 and $593 million, $346 million and $447 million in the years ending December 31, 2021, 2022 and thereafter related to contract liabilities at March 31, 2020.