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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2022

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, 2022
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	28,760					$	3,807					$	47											$	32,614					$	25					$	3,146					$	(26)					$	35,759
Earnings (loss) before interest and taxes-adjusted			$	2,299					$	209					$	(731)											$	1,778					$	(543)					$	1,106					$	3					$	2,343
Adjustments			$	—					$	—					$	—											$	—					$	—					$	—					$	—					—
Automotive interest income																																																			73
Automotive interest expense																																																			(234)
Net income (loss) attributable to noncontrolling interests																																																			(50)
Income (loss) before income taxes																																																			2,132
Income tax benefit (expense)																																																			(490)
Net income (loss)																																																			1,642
Net loss (income) attributable to noncontrolling interests																																																			50
Net income (loss) attributable to stockholders																																																			$	1,692
Equity in net assets of nonconsolidated affiliates			$	1,416					$	6,556					$	—					$	—					$	7,972					$	—					$	1,760					$	—					$	9,733
Goodwill and intangibles			$	2,187					$	754					$	4					$	—					$	2,945					$	727					$	1,341					$	—					$	5,013
Total assets			$	127,964					$	24,867					$	34,030					$	(55,045)					$	131,815					$	6,049					$	116,807					$	(1,154)					$	253,517
Depreciation and amortization			$	1,476					$	131					$	6					$	—					$	1,613					$	12					$	1,218					$	—					$	2,844
Impairment charges			$	11					$	—					$	—					$	—					$	11					$	—					$	—					$	—					$	11
Equity income (loss)			$	(6)					$	(89)					$	—					$	—					$	(95)					$	—					$	50					$	—					$	(45)

			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 income (loss) attributable to noncontrolling interests																																																			(57)
Income (loss) before income taxes																																																			3,750
Income tax benefit (expense)																																																			(971)
Net income (loss)																																																			2,779
Net loss (income) attributable to noncontrolling interests																																																			57
Net income (loss) 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 (loss)			$	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 Korea Supreme Court decisions related to our salaried workers in GMI.

			At and For the Six Months Ended June 30, 2022
			GMNA						GMI						Corporate						Eliminations						Total Automotive						Cruise						GM Financial						Eliminations/Reclassifications						Total
Net sales and revenue			$	58,216					$	7,120					$	100											$	65,437					$	51					$	6,302					$	(52)					$	71,738
Earnings (loss) before interest and taxes-adjusted			$	5,440					$	537					$	(1,118)											$	4,859					$	(868)					$	2,390					$	6					$	6,387
Adjustments(a)			$	100					$	—					$	—											$	100					$	(1,057)					$	—					$	—					(957)
Automotive interest income																																																			123
Automotive interest expense																																																			(460)
Net income (loss) attributable to noncontrolling interests																																																			(181)
Income (loss) before income taxes																																																			4,912
Income tax benefit (expense)																																																			(462)
Net income (loss)																																																			4,449
Net loss (income) attributable to noncontrolling interests																																																			181
Net income (loss) attributable to stockholders																																																			$	4,631
Depreciation and amortization			$	2,980					$	265					$	11					$	—					$	3,256					$	25					$	2,454					$	—					$	5,735
Impairment charges			$	11					$	—					$	—					$	—					$	11					$	—					$	—					$	—					$	11
Equity income (loss)			$	—					$	143					$	—					$	—					$	144					$	—					$	104					$	—					$	247

__________

(a)    Consists of the resolution of substantially all royalty matters accrued with respect to past-year vehicle sales in GMNA; and charges related to the one-time modification of Cruise stock incentive awards.

			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 income (loss) attributable to noncontrolling interests																																																			(65)
Income (loss) before income taxes																																																			7,941
Income tax benefit (expense)																																																			(2,148)
Net income (loss)																																																			5,793
Net loss (income) attributable to noncontrolling interests																																																			65
Net income (loss) 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 (loss)			$	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 Korea Supreme Court decisions related to our salaried workers 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.

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-Topic 280
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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