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Accrued and Other Liabilities

12 Months Ended

Dec. 31, 2021

Accrued Liabilities and Other Liabilities [Abstract]


	December 31, 2021		December 31, 2020
Accrued liabilities
Dealer and customer allowances, claims and discounts	$	3,211	$	7,300
Deferred revenue	2,461		3,132
Product warranty and related liabilities	3,769		3,048
Payrolls and employee benefits excluding postemployment benefits	2,937		1,864
Other	7,919		7,725
Total accrued liabilities	$	20,297	$	23,069

Other liabilities
Deferred revenue	$	3,010	$	2,715
Product warranty and related liabilities	6,005		5,193
Operating lease liabilities	1,012		969
Employee benefits excluding postemployment benefits	622		822
Postemployment benefits including facility idling reserves	775		739
Other	3,661		3,009
Total other liabilities	$	15,085	$	13,447


	Years Ended December 31,
	2021		2020		2019
Product Warranty and Related Liabilities
Warranty balance at beginning of period	$	8,242	$	7,798	$	7,590
Warranties issued and assumed in period – recall campaigns	2,820		1,628		745
Warranties issued and assumed in period – product warranty	1,665		1,773		2,001
Payments	(3,249)		(2,986)		(3,012)
Adjustments to pre-existing warranties	315		41		455
Effect of foreign currency and other	(19)		(12)		19
Warranty balance at end of period	9,774		8,242		7,798
Less: Supplier recoveries balance at end of period(a)	2,039		224		241
Warranty balance, net of supplier recoveries at end of period	$	7,735	$	8,018	$	7,557

__________

(a)The current portion of supplier recoveries is recorded in Accounts and notes receivable, net of allowance and the non-current portion is recorded in Other assets.


	Years Ended December 31,
	2021		2020		2019
Product warranty expense, net of recoveries
Warranties issued and assumed in period	$	4,485	$	3,401	$	2,746
Supplier recoveries accrued in period	(2,175)		(322)		(433)
Adjustments and other	296		29		474
Warranty expense, net of supplier recoveries	$	2,606	$	3,108	$	2,787

In the year ended December 31, 2021, we recorded warranty recall campaign accruals of $2.8 billion, of which $2.0 billion related to the Chevrolet Bolt recall. In addition, we reached an agreement with LG Electronics, Inc. (LG) under which LG will reimburse GM for costs and expenses associated with the recall, which substantially offsets the warranty charges we recognized in connection with the recall. Refer to Note 16 to our consolidated financial statements for more details on the Chevrolet Bolt recall and associated supplier recovery. We estimate our reasonably possible loss in excess of amounts accrued for recall campaigns to be insignificant at December 31, 2021.