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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2021

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 June 30, 2021
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	27,932					$	2,792					$	21											$	30,745					$	25					$	3,426					$	(29)					$	34,167
Earnings (loss) before interest and taxes-adjusted			$	2,894					$	15					$	(38)											$	2,871					$	(332)					$	1,581					$	(3)					$	4,117
Adjustments(a)			$	(17)					$	(82)					$	—											$	(99)					$	—					$	—					$	—					(99)
Automotive interest income																																																			32
Automotive interest expense																																																			(243)
Net (loss) attributable to noncontrolling interests																																																			(57)
Income before income taxes																																																			3,750
Income tax expense																																																			(971)
Net income																																																			2,779
Net loss attributable to noncontrolling interests																																																			57
Net income attributable to stockholders																																																			$	2,836
Equity in net assets of nonconsolidated affiliates			$	482					$	6,696					$	—					$	—					$	7,178					$	—					$	1,704					$	—					$	8,882
Goodwill and intangibles			$	2,292					$	789					$	—					$	—					$	3,081					$	743					$	1,345					$	—					$	5,169
Total assets			$	115,220					$	22,203					$	37,424					$	(52,138)					$	122,709					$	5,204					$	115,346					$	(1,456)					$	241,803
Depreciation and amortization			$	1,281					$	137					$	4					$	—					$	1,422					$	13					$	1,579					$	—					$	3,014
Impairment charges			$	—					$	—					$	—					$	—					$	—					$	4					$	—					$	—					$	4
Equity income			$	3					$	274					$	—					$	—					$	277					$	—					$	50					$	—					$	327

__________

(a)    Consists of restructuring charges related to Cadillac dealer strategy in GMNA and an adjustment related to unique events associated with recent Korea Supreme Court decisions

related to our salaried workers in GMI.

			At and For the Three Months Ended June 30, 2020
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	11,604					$	1,677					$	80											$	13,361					$	28					$	3,423					$	(34)					$	16,778
Earnings (loss) before interest and taxes-adjusted			$	(101)					$	(270)					$	(182)											$	(553)					$	(195)					$	226					$	(14)					$	(536)
Adjustments(a)			$	—					$	(92)					$	—											$	(92)					$	—					$	—					$	—					(92)
Automotive interest income																																																			61
Automotive interest expense																																																			(303)
Net (loss) attributable to noncontrolling interests																																																			(22)
Loss before income taxes																																																			(892)
Income tax benefit																																																			112
Net loss																																																			(780)
Net loss attributable to noncontrolling interests																																																			22
Net loss attributable to stockholders																																																			$	(758)
Equity in net assets of nonconsolidated affiliates			$	133					$	6,107					$	—					$	—					$	6,240					$	—					$	1,484					$	—					$	7,724
Goodwill and intangibles			$	2,399					$	819					$	1					$	—					$	3,219					$	726					$	1,337					$	—					$	5,282
Total assets			$	101,521					$	21,494					$	43,258					$	(41,700)					$	124,573					$	3,963					$	111,154					$	(2,155)					$	237,535
Depreciation and amortization			$	1,127					$	149					$	6					$	—					$	1,282					$	11					$	1,965					$	—					$	3,258
Impairment charges			$	—					$	7					$	—					$	—					$	7					$	—					$	—					$	—					$	7
Equity income			$	5					$	165					$	—					$	—					$	170					$	—					$	42					$	—					$	212

__________

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

			At and For the Six Months Ended June 30, 2021
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	53,889					$	5,878					$	40											$	59,807					$	55					$	6,833					$	(54)					$	66,641
Earnings (loss) before interest and taxes-adjusted			$	6,028					$	323					$	(8)											$	6,343					$	(561)					$	2,763					$	(11)					$	8,534
Adjustments(a)			$	(17)					$	(82)					$	—											$	(99)					$	—					$	—					$	—					(99)
Automotive interest income																																																			64
Automotive interest expense																																																			(493)
Net (loss) attributable to noncontrolling interests																																																			(65)
Income before income taxes																																																			7,941
Income tax expense																																																			(2,148)
Net income																																																			5,793
Net loss attributable to noncontrolling interests																																																			65
Net income attributable to stockholders																																																			$	5,858
Depreciation and amortization			$	2,479					$	269					$	10					$	—					$	2,758					$	24					$	3,247					$	—					$	6,029
Impairment charges			$	—					$	—					$	—					$	—					$	—					$	4					$	—					$	—					$	4
Equity income			$	7					$	581					$	—					$	—					$	588					$	—					$	104					$	—					$	692

__________

(a)    Consists of restructuring charges related to Cadillac dealer strategy in GMNA and an adjustment related to unique events associated with recent Korea Supreme Court decisions

related to our salaried workers in GMI.

			At and For the Six Months Ended June 30, 2020
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	37,435					$	4,957					$	118											$	42,510					$	53					$	6,984					$	(60)					$	49,487
Earnings (loss) before interest and taxes-adjusted			$	2,093					$	(821)					$	(593)											$	679					$	(423)					$	456					$	2					$	714
Adjustments(a)			$	—					$	(581)					$	—											$	(581)					$	—					$	—					$	—					(581)
Automotive interest income																																																			144
Automotive interest expense																																																			(496)
Net (loss) attributable to noncontrolling interests																																																			(30)
Loss before income taxes																																																			(249)
Income tax expense																																																			(245)
Net loss																																																			(494)
Net loss attributable to noncontrolling interests																																																			30
Net loss attributable to stockholders																																																			$	(464)
Depreciation and amortization			$	2,354					$	315					$	15					$	—					$	2,684					$	19					$	3,753					$	—					$	6,456
Impairment charges			$	20					$	97					$	—					$	—					$	117					$	—					$	—					$	—					$	117
Equity income			$	11					$	2					$	—					$	—					$	13					$	—					$	67					$	—					$	80

__________

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

X

- 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=123359005&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=123359005&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=123359005&loc=d3e8906-108599

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