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v3.22.2.2

Segment Reporting (Tables) | 9 Months Ended
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Sep. 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 September 30, 2022
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 34,691 |  |  | $ | 3,980 |  |  | $ | 32 |  |  |  |  | $ | 38,703 |  |  | $ | 25 |  |  | $ | 3,187 |  |  | $ | (27) |  |  | $ | 41,889 |
Earnings (loss) before interest and taxes-adjusted | $ | 3,894 |  |  | $ | 334 |  |  | $ | (352) |  |  |  |  | $ | 3,876 |  |  | $ | (497) |  |  | $ | 911 |  |  | $ | (2) |  |  | $ | 4,287 |
Adjustments | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | — |
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 122 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (259) |
Net income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (53) |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,097 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (845) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,252 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 53 |
Net income (loss) attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 3,305 |
Equity in net assets of nonconsolidated affiliates | $ | 1,641 |  |  | $ | 6,564 |  |  | $ | — |  |  | $ | — |  |  | $ | 8,205 |  |  | $ | — |  |  | $ | 1,705 |  |  | $ | — |  |  | $ | 9,910 |
Goodwill and intangibles | $ | 2,160 |  |  | $ | 744 |  |  | $ | 4 |  |  | $ | — |  |  | $ | 2,908 |  |  | $ | 721 |  |  | $ | 1,339 |  |  | $ | — |  |  | $ | 4,968 |
Total assets | $ | 134,823 |  |  | $ | 23,756 |  |  | $ | 38,693 |  |  | $ | (59,941) |  |  | $ | 137,331 |  |  | $ | 5,669 |  |  | $ | 118,917 |  |  | $ | (1,388) |  |  | $ | 260,529 |
Depreciation and amortization | $ | 1,419 |  |  | $ | 124 |  |  | $ | 5 |  |  | $ | — |  |  | $ | 1,548 |  |  | $ | 15 |  |  | $ | 1,212 |  |  | $ | — |  |  | $ | 2,774 |
Impairment charges | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Equity income (loss) | $ | (6) |  |  | $ | 329 |  |  | $ | — |  |  | $ | — |  |  | $ | 323 |  |  | $ | — |  |  | $ | 44 |  |  | $ | — |  |  | $ | 367 |
| 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 income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (34) |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,538 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (152) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,386 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 34 |
Net income (loss) 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 |
Impairment charges | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Equity income (loss) | $ | 1 |  |  | $ | 269 |  |  | $ | — |  |  | $ | — |  |  | $ | 270 |  |  | $ | — |  |  | $ | 53 |  |  | $ | — |  |  | $ | 323 |
__________ (a) Consists of restructuring charges related to Cadillac dealer strategy in GMNA.
| At and For the Nine Months Ended September 30, 2022
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 92,907 |  |  | $ | 11,100 |  |  | $ | 132 |  |  |  |  | $ | 104,140 |  |  | $ | 76 |  |  | $ | 9,489 |  |  | $ | (79) |  |  | $ | 113,627 |
Earnings (loss) before interest and taxes-adjusted | $ | 9,334 |  |  | $ | 871 |  |  | $ | (1,470) |  |  |  |  | $ | 8,735 |  |  | $ | (1,365) |  |  | $ | 3,301 |  |  | $ | 4 |  |  | $ | 10,675 |
Adjustments(a) | $ | 100 |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | 100 |  |  | $ | (1,057) |  |  | $ | — |  |  | $ | — |  |  | (957) |
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 245 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (719) |
Net income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (234) |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,009 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,308) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,701 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 234 |
Net income (loss) attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 7,935 |
Depreciation and amortization | $ | 4,399 |  |  | $ | 389 |  |  | $ | 16 |  |  | $ | — |  |  | $ | 4,804 |  |  | $ | 39 |  |  | $ | 3,666 |  |  | $ | — |  |  | $ | 8,509 |
Impairment charges | $ | 11 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 11 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 11 |
Equity income (loss) | $ | (6) |  |  | $ | 472 |  |  | $ | — |  |  | $ | — |  |  | $ | 467 |  |  | $ | — |  |  | $ | 148 |  |  | $ | — |  |  | $ | 615 |
__________ (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 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 income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (99) |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10,479 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,300) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8,179 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 99 |
Net income (loss) 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 (loss) | $ | 8 |  |  | $ | 850 |  |  | $ | — |  |  | $ | — |  |  | $ | 858 |  |  | $ | — |  |  | $ | 157 |  |  | $ | — |  |  | $ | 1,015 |
__________ (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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