XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net sales and revenue        
Automotive $ 32,067 $ 31,817 $ 74,580 $ 95,503
Total net sales and revenue (Note 3) 35,480 35,473 84,967 106,411
Costs and expenses        
Total costs and expenses 31,056 33,169 81,100 100,376
Operating income 4,424 2,304 3,867 6,035
Interest income and other non-operating income, net 499 169 1,223 1,338
Equity income (Note 8) 309 315 389 1,000
Income before income taxes 4,905 2,582 4,656 7,791
Income tax expense (Note 16) 887 271 1,132 932
Net income 4,018 2,311 3,524 6,859
Net loss attributable to noncontrolling interests 27 40 57 67
Net income attributable to stockholders 4,045 2,351 3,581 6,926
Net income attributable to common stockholders $ 4,005 $ 2,313 $ 3,446 $ 6,813
Earnings per share (Note 19)        
Basic earnings per common share (in dollars per share) $ 2.80 $ 1.62 $ 2.41 $ 4.79
Weighted-average common shares outstanding - basic (in shares) 1,432 1,428 1,432 1,422
Diluted earnings per common share (in dollars per share) $ 2.78 $ 1.60 $ 2.40 $ 4.74
Weighted-average common shares outstanding - diluted (in shares) 1,439 1,442 1,439 1,439
Dividends declared per common share (in dollars per share) $ 0 $ 0.38 $ 0.38 $ 1.14
Automotive [Member]        
Net sales and revenue        
Automotive $ 32,067 $ 31,817 $ 74,580 $ 95,503
Costs and expenses        
Automotive and other cost of sales 27,169 28,174 67,339 84,730
Automotive and other selling, general and administrative expense 1,628 2,008 4,908 6,209
Automotive interest expense 327 206 823 582
GM Financial [Member]        
Net sales and revenue        
Total net sales and revenue (Note 3) 3,413 3,656 10,387 10,908
Costs and expenses        
GM Financial interest, operating and other expenses $ 2,259 $ 2,987 $ 8,853 $ 9,437