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Segment Reporting (Tables)

9 Months Ended

Sep. 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 September 30, 2021
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	20,554					$	2,843					$	27											$	23,424					$	26					$	3,354					$	(25)					$	26,779
Earnings (loss) before interest and taxes-adjusted			$	2,125					$	229					$	(242)											$	2,112					$	(286)					$	1,093					$	3					$	2,922
Adjustments(a)			$	(158)					$	—					$	—											$	(158)					$	—					$	—					$	—					(158)
Automotive interest income																																																			38
Automotive interest expense																																																			(230)
Net (loss) attributable to noncontrolling interests																																																			(34)
Income before income taxes																																																			2,538
Income tax expense																																																			(152)
Net income																																																			2,386
Net loss attributable to noncontrolling interests																																																			34
Net income attributable to stockholders																																																			$	2,420
Equity in net assets of nonconsolidated affiliates			$	585					$	7,000					$	—					$	—					$	7,585					$	—					$	1,649					$	—					$	9,234
Goodwill and intangibles			$	2,267					$	780					$	—					$	—					$	3,047					$	739					$	1,340					$	—					$	5,126
Total assets			$	114,012					$	21,953					$	31,907					$	(46,752)					$	121,120					$	4,912					$	113,741					$	(1,216)					$	238,557
Depreciation and amortization			$	1,370					$	138					$	6					$	—					$	1,514					$	13					$	1,554					$	—					$	3,081
Equity income			$	1					$	269					$	—					$	—					$	270					$	—					$	53					$	—					$	323

__________

(a)    Consists of charges related to Cadillac dealer strategy in GMNA.

			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 Nine Months Ended September 30, 2021
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	74,443					$	8,721					$	67											$	83,231					$	81					$	10,187					$	(79)					$	93,420
Earnings (loss) before interest and taxes-adjusted			$	8,153					$	552					$	(250)											$	8,455					$	(847)					$	3,856					$	(8)					$	11,456
Adjustments(a)			$	(175)					$	(82)					$	—											$	(257)					$	—					$	—					$	—					(257)
Automotive interest income																																																			102
Automotive interest expense																																																			(723)
Net (loss) attributable to noncontrolling interests																																																			(99)
Income before income taxes																																																			10,479
Income tax expense																																																			(2,300)
Net income																																																			8,179
Net loss attributable to noncontrolling interests																																																			99
Net income attributable to stockholders																																																			$	8,278
Depreciation and amortization			$	3,849					$	407					$	16					$	—					$	4,272					$	37					$	4,801					$	—					$	9,110
Impairment charges			$	—					$	—					$	—					$	—					$	—					$	4					$	—					$	—					$	4
Equity income			$	8					$	850					$	—					$	—					$	858					$	—					$	157					$	—					$	1,015

__________

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

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
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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-Publisher FASB
-Name Accounting Standards Codification
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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