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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize key financial information by segment:

			At and For the Three Months Ended September 30, 2020
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	29,128					$	2,735					$	203											$	32,066					$	26					$	3,421					$	(33)					$	35,480
Earnings (loss) before interest and taxes-adjusted			$	4,366					$	10					$	(87)											$	4,289					$	(204)					$	1,207					$	(8)					$	5,284
Adjustments(a)			$	—					$	(76)					$	—											$	(76)					$	—					$	—					$	—					(76)
Automotive interest income																																																			51
Automotive interest expense																																																			(327)
Net (loss) attributable to noncontrolling interests																																																			(27)
Income before income taxes																																																			4,905
Income tax expense																																																			(887)
Net income																																																			4,018
Net loss attributable to noncontrolling interests																																																			27
Net income attributable to stockholders																																																			$	4,045
Equity in net assets of nonconsolidated affiliates			$	187					$	6,374					$	—					$	—					$	6,561					$	—					$	1,485					$	—					$	8,046
Goodwill and intangibles			$	2,372					$	811					$	1					$	—					$	3,184					$	724					$	1,337					$	—					$	5,245
Total assets			$	111,426					$	22,365					$	45,059					$	(50,609)					$	128,241					$	3,815					$	108,926					$	(1,311)					$	239,671
Depreciation and amortization			$	1,182					$	146					$	5					$	—					$	1,333					$	11					$	1,814					$	—					$	3,158
Impairment charges			$	—					$	4					$	—					$	—					$	4					$	—					$	—					$	—					$	4
Equity income			$	4					$	259					$	—					$	—					$	263					$	—					$	46					$	—					$	309

__________

(a)Consists of restructuring and other charges primarily in Thailand.

			At and For the Three Months Ended September 30, 2019
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	27,971					$	3,794					$	52											$	31,817					$	25					$	3,659					$	(28)					$	35,473
Earnings (loss) before interest and taxes-adjusted			$	3,023					$	(65)					$	(451)											$	2,507					$	(251)					$	711					$	(1)					$	2,966
Adjustments(a)			$	(359)					$	92					$	—											$	(267)					$	—					$	—					$	—					(267)
Automotive interest income																																																			129
Automotive interest expense																																																			(206)
Net (loss) attributable to noncontrolling interests																																																			(40)
Income before income taxes																																																			2,582
Income tax expense																																																			(271)
Net income																																																			2,311
Net loss attributable to noncontrolling interests																																																			40
Net income attributable to stockholders																																																			$	2,351
Equity in net assets of nonconsolidated affiliates			$	85					$	7,024					$	6					$	—					$	7,115					$	—					$	1,381					$	—					$	8,496
Goodwill and intangibles			$	2,488					$	896					$	1					$	—					$	3,385					$	670					$	1,353					$	—					$	5,408
Total assets			$	115,995					$	25,562					$	34,309					$	(56,381)					$	119,485					$	4,406					$	109,099					$	(1,461)					$	231,529
Depreciation and amortization			$	1,325					$	133					$	11					$	—					$	1,469					$	7					$	1,832					$	—					$	3,308
Impairment charges			$	—					$	1					$	—					$	—					$	1					$	—					$	—					$	—					$	1
Equity income (loss)			$	3					$	279					$	(6)					$	—					$	276					$	—					$	39					$	—					$	315

__________

(a)Consists of restructuring and other charges related to transformation activities of $390 million, primarily in GMNA and a benefit of $123 million related to the retrospective recoveries of indirect taxes in Brazil in GMI.

			At and For the Nine Months Ended September 30, 2020
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	66,563					$	7,692					$	321											$	74,576					$	79					$	10,405					$	(93)					$	84,967
Earnings (loss) before interest and taxes-adjusted			$	6,459					$	(811)					$	(680)											$	4,968					$	(627)					$	1,663					$	(6)					$	5,998
Adjustments(a)			$	—					$	(657)					$	—											$	(657)					$	—					$	—					$	—					(657)
Automotive interest income																																																			195
Automotive interest expense																																																			(823)
Net (loss) attributable to noncontrolling interests																																																			(57)
Income before income taxes																																																			4,656
Income tax expense																																																			(1,132)
Net income																																																			3,524
Net loss attributable to noncontrolling interests																																																			57
Net income attributable to stockholders																																																			$	3,581
Depreciation and amortization			$	3,536					$	461					$	20					$	—					$	4,017					$	30					$	5,567					$	—					$	9,614
Impairment charges			$	20					$	101					$	—					$	—					$	121					$	—					$	—					$	—					$	121
Equity income			$	15					$	261					$	—					$	—					$	276					$	—					$	113					$	—					$	389

__________

(a)Consists of restructuring and other charges primarily in Australia, Thailand and New Zealand.

			At and For the Nine Months Ended September 30, 2019
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	83,660					$	11,691					$	152											$	95,503					$	75					$	10,918					$	(85)					$	106,411
Earnings (loss) before interest and taxes-adjusted			$	7,941					$	(82)					$	(461)											$	7,398					$	(699)					$	1,606					$	(17)					$	8,288
Adjustments(a)			$	(1,478)					$	1,299					$	(2)											$	(181)					$	—					$	—					$	—					(181)
Automotive interest income																																																			333
Automotive interest expense																																																			(582)
Net (loss) attributable to noncontrolling interests																																																			(67)
Income before income taxes																																																			7,791
Income tax expense																																																			(932)
Net income																																																			6,859
Net loss attributable to noncontrolling interests																																																			67
Net income attributable to stockholders																																																			$	6,926
Depreciation and amortization			$	4,803					$	379					$	36					$	—					$	5,218					$	16					$	5,579					$	—					$	10,813
Impairment charges			$	15					$	4					$	—					$	—					$	19					$	—					$	—					$	—					$	19
Equity income (loss)			$	7					$	886					$	(19)					$	—					$	874					$	—					$	126					$	—					$	1,000

_________

(a)Consists of restructuring and other charges related to transformation activities of $1.5 billion, primarily in GMNA and a benefit of $1.4 billion related to the retrospective recoveries of indirect taxes in Brazil in GMI.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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