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GM Financial Receivables and Transactions (Tables) - GM Financial [Member] | 6 Months Ended
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Jun. 30, 2020
Finance Receivables [Line Items] |
GM Financial Receivables |
| June 30, 2020 |  |  |  |  |  | December 31, 2019 |  |  |  |
| Retail |  | Commercial(a) |  | Total |  | Retail |  | Commercial(a) |  | Total
GM Financial receivables, net of fees | $ | 46,472 |  |  | $ | 7,489 |  |  | $ | 53,961 |  |  | $ | 42,229 |  |  | $ | 11,671 |  |  | $ | 53,900 |
Less: allowance for loan losses | (2,044) |  |  | (67) |  |  | (2,111) |  |  | (866) |  |  | (78) |  |  | (944) |
GM Financial receivables, net | $ | 44,428 |  |  | $ | 7,422 |  |  | $ | 51,850 |  |  | $ | 41,363 |  |  | $ | 11,593 |  |  | $ | 52,956 |
Fair value of GM Financial receivables utilizing Level 2 inputs |  |  |  |  | $ | 7,422 |  |  |  |  |  |  | $ | 11,593 |
Fair value of GM Financial receivables utilizing Level 3 inputs |  |  |  |  | $ | 46,603 |  |  |  |  |  |  | $ | 41,973 |
__________ (a)Net of dealer cash management balances of $1.3 billion and $1.2 billion at June 30, 2020 and December 31, 2019. 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.
Allowance for Loan Losses |
| Three Months Ended |  |  |  | Six Months Ended |  |
| June 30, 2020 |  | June 30, 2019 |  | June 30, 2020 |  | June 30, 2019
Allowance for loan losses at beginning of period | $ | 1,966 |  |  | $ | 924 |  |  | $ | 944 |  |  | $ | 911 |
Impact of adoption ASU 2016-13 (Note 1) | — |  |  | — |  |  | 801 |  |  | — |
Provision for loan losses | 327 |  |  | 179 |  |  | 793 |  |  | 354 |
Charge-offs | (273) |  |  | (279) |  |  | (613) |  |  | (588) |
Recoveries | 91 |  |  | 132 |  |  | 247 |  |  | 277 |
Effect of foreign currency | — |  |  | 1 |  |  | (61) |  |  | 3 |
Allowance for loan losses at end of period | $ | 2,111 |  |  | $ | 957 |  |  | $ | 2,111 |  |  | $ | 957 |
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.
| June 30, 2020 |  | December 31, 2019
Condensed Consolidated Balance Sheets(a) |  |  |
Commercial finance receivables, net due from GM consolidated dealers | $ | 395 |  |  | $ | 478 |
Finance receivables from GM subsidiaries | $ | 17 |  |  | $ | 39 |
Subvention receivable(b) | $ | 618 |  |  | $ | 676 |
Loans receivable(b) | $ | 947 |  |  | $ | — |
Commercial loan funding payable | $ | 52 |  |  | $ | 74 |
| Three Months Ended |  |  |  | Six Months Ended |  |
| June 30, 2020 |  | June 30, 2019 |  | June 30, 2020 |  | June 30, 2019
Condensed Consolidated Statements of Income |  |  |  |  |  |  |
Interest subvention earned on finance receivables | $ | 162 |  |  | $ | 147 |  |  | $ | 318 |  |  | $ | 295 |
Leased vehicle subvention earned | $ | 765 |  |  | $ | 818 |  |  | $ | 1,570 |  |  | $ | 1,653 |
__________ (a)All balance sheet amounts are eliminated upon consolidation. (b)Cash paid by Automotive segments to GM Financial for subvention was $967 million and $959 million i n the three months ended June 30, 2020 and 2019 a nd $2.0 billion in the six months ended June 30, 2020 and 2019. Loans receivable include amounts funded to Automotive segments primarily in the amount of subvention owed to GM Financial in the three months ended June 30, 2020.
Retail Finance Receivables [Member] |
Finance Receivables [Line Items] |
Finance Receivables Credit Quality | A summary of the amortized cost of the retail finance receivables by FICO score or its equivalent, determined at origination, for each vintage of the retail finance receivables portfolio at June 30, 2020 is as follows:
| Year of Origination |  |  |  |  |  |  |  |  |  |  |  |  |  | June 30, 2020 |  |  |  | December 31, 2019 |  |
| 2020 |  | 2019 |  | 2018 |  | 2017 |  | 2016 |  | 2015 |  | Prior |  | Total |  | Percent |  | Total |  | Percent
Prime – FICO score 680 and greater | $ | 10,305 |  |  | $ | 9,009 |  |  | $ | 6,056 |  |  | $ | 2,774 |  |  | $ | 940 |  |  | $ | 253 |  |  | $ | 9 |  |  | $ | 29,346 |  |  | 63.2 | % |  | $ | 25,400 |  |  | 60.1 | %
Near-prime – FICO score 620 to 679 | 1,785 |  |  | 2,533 |  |  | 1,574 |  |  | 828 |  |  | 340 |  |  | 138 |  |  | 25 |  |  | 7,223 |  |  | 15.5 | % |  | 6,862 |  |  | 16.3 | %
Sub-prime – FICO score less than 620 | 1,917 |  |  | 3,178 |  |  | 1,982 |  |  | 1,440 |  |  | 833 |  |  | 396 |  |  | 157 |  |  | 9,903 |  |  | 21.3 | % |  | 9,967 |  |  | 23.6 | %
Retail finance receivables, net of fees | $ | 14,007 |  |  | $ | 14,720 |  |  | $ | 9,612 |  |  | $ | 5,042 |  |  | $ | 2,113 |  |  | $ | 787 |  |  | $ | 191 |  |  | $ | 46,472 |  |  | 100.0 | % |  | $ | 42,229 |  |  | 100.0 | %
Retail Finance Receivables Delinquency | The following table is a consolidated summary of the delinquency status of the outstanding amortized cost of retail finance receivables for each vintage of the portfolio at June 30, 2020:
| Year of Origination |  |  |  |  |  |  |  |  |  |  |  |  |  | June 30, 2020 |  |  |  | June 30, 2019 |  |
| 2020 |  | 2019 |  | 2018 |  | 2017 |  | 2016 |  | 2015 |  | Prior |  | Total |  | Percent |  | Total(a) |  | Percent
Current | $ | 13,875 |  |  | $ | 14,234 |  |  | $ | 9,224 |  |  | $ | 4,752 |  |  | $ | 1,930 |  |  | $ | 689 |  |  | $ | 148 |  |  | $ | 44,852 |  |  | 96.5 | % |  |  |  |
31-to-60 days | 86 |  |  | 295 |  |  | 236 |  |  | 181 |  |  | 114 |  |  | 61 |  |  | 25 |  |  | 998 |  |  | 2.2 | % |  | $ | 1,083 |  |  | 2.5 | %
Greater-than-60 days | 44 |  |  | 183 |  |  | 147 |  |  | 106 |  |  | 67 |  |  | 36 |  |  | 18 |  |  | 601 |  |  | 1.3 | % |  | 498 |  |  | 1.2 | %
Finance receivables more than 30 days delinquent | 130 |  |  | 478 |  |  | 383 |  |  | 287 |  |  | 181 |  |  | 97 |  |  | 43 |  |  | 1,599 |  |  | 3.5 | % |  | 1,581 |  |  | 3.7 | %
In repossession | 2 |  |  | 8 |  |  | 5 |  |  | 3 |  |  | 2 |  |  | 1 |  |  | — |  |  | 21 |  |  | — | % |  | 48 |  |  | 0.1 | %
Finance receivables more than 30 days delinquent or in repossession | 132 |  |  | 486 |  |  | 388 |  |  | 290 |  |  | 183 |  |  | 98 |  |  | 43 |  |  | 1,620 |  |  | 3.5 | % |  | $ | 1,629 |  |  | 3.8 | %
Retail finance receivables, net of fees | $ | 14,007 |  |  | $ | 14,720 |  |  | $ | 9,612 |  |  | $ | 5,042 |  |  | $ | 2,113 |  |  | $ | 787 |  |  | $ | 191 |  |  | $ | 46,472 |  |  | 100.0 | % |  |  |  |
__________ (a)Represents the contractual amounts of delinquent retail finance receivables, which is not significantly different than the outstanding amortized cost for such receivables.
Commercial Finance Receivables [Member] |
Finance Receivables [Line Items] |
Finance Receivables Credit Quality | The following table summarizes the credit risk profile by dealer risk rating of commercial finance receivables at June 30, 2020:
| Year of Origination(a) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | June 30, 2020 |  |  |  |  |  |
| Revolving |  | 2020 |  | 2019 |  | 2018 |  | 2017 |  | 2016 |  | 2015 |  | Prior |  | Total |  | Percent |  |  |  |
I | $ | 5,989 |  |  | $ | 134 |  |  | $ | 226 |  |  | $ | 81 |  |  | $ | 102 |  |  | $ | 127 |  |  | $ | 61 |  |  | $ | 8 |  |  | $ | 6,728 |  |  | 89.8 | % |  |  |  |
II | 388 |  |  | 1 |  |  | 7 |  |  | 3 |  |  | 21 |  |  | 4 |  |  | 13 |  |  | 22 |  |  | 459 |  |  | 6.1 | % |  |  |  |
III | 247 |  |  | — |  |  | 8 |  |  | 29 |  |  | 2 |  |  | 10 |  |  | 1 |  |  | — |  |  | 297 |  |  | 4.0 | % |  |  |  |
IV | 1 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4 |  |  | — |  |  | 5 |  |  | 0.1 | % |  |  |  |
Commercial finance receivables, net of fees | $ | 6,625 |  |  | $ | 135 |  |  | $ | 241 |  |  | $ | 113 |  |  | $ | 125 |  |  | $ | 141 |  |  | $ | 79 |  |  | $ | 30 |  |  | $ | 7,489 |  |  | 100.0 | % |  |  |  |
__________ (a)Floorplan advances comprise 97% of the total revolving balance. Dealer term loans are presented by year of origination.

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