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Revenue
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table disaggregates our revenue by major source:

Three Months Ended September 30, 2022
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$33,749 $3,613 $$37,363 $— $— $— $37,363 
Used vehicles143 12 — 155 — — — 155 
Services and other799 355 31 1,185 25 — (25)1,185 
Automotive net sales and revenue34,691 3,980 32 38,703 25 — (25)38,703 
Leased vehicle income— — — — — 1,912 — 1,912 
Finance charge income— — — — — 1,158 — 1,157 
Other income— — — — — 118 (1)117 
GM Financial net sales and revenue— — — — — 3,187 (2)3,185 
Net sales and revenue$34,691 $3,980 $32 $38,703 $25 $3,187 $(27)$41,889 

Three Months Ended September 30, 2021
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ ReclassificationsTotal
Vehicle, parts and accessories$19,633 $2,548 $$22,187 $— $— $— $22,187 
Used vehicles115 14 — 129 — — — 129 
Services and other806 281 21 1,108 26 — (24)1,110 
Automotive net sales and revenue20,554 2,843 27 23,424 26 — (24)23,426 
Leased vehicle income— — — — — 2,246 — 2,246 
Finance charge income— — — — — 1,035 — 1,035 
Other income— — — — — 73 (1)72 
GM Financial net sales and revenue— — — — — 3,354 (1)3,353 
Net sales and revenue$20,554 $2,843 $27 $23,424 $26 $3,354 $(25)$26,779 

Nine Months Ended September 30, 2022
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$90,147 $10,092 $28 $100,267 $— $— $— $100,267 
Used vehicles355 23 — 378 — — — 378 
Services and other2,405 985 104 3,494 76 — (75)3,495 
Automotive net sales and revenue92,907 11,100 132 104,140 76 — (75)104,141 
Leased vehicle income— — — — — 5,967 — 5,967 
Finance charge income— — — — — 3,230 — 3,229 
Other income— — — — — 293 (3)290 
GM Financial net sales and revenue— — — — — 9,489 (3)9,486 
Net sales and revenue$92,907 $11,100 $132 $104,140 $76 $9,489 $(79)$113,627 
Nine Months Ended September 30, 2021
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ ReclassificationsTotal
Vehicle, parts and accessories$71,546 $7,825 $$79,379 $— $— $— $79,379 
Used vehicles480 40 — 520 — — — 520 
Services and other2,417 856 59 3,332 81 — (75)3,338 
Automotive net sales and revenue74,443 8,721 67 83,231 81 — (75)83,237 
Leased vehicle income— — — — — 6,871 — 6,871 
Finance charge income— — — — — 3,087 — 3,087 
Other income— — — — — 229 (4)225 
GM Financial net sales and revenue— — — — — 10,187 (4)10,183 
Net sales and revenue$74,443 $8,721 $67 $83,231 $81 $10,187 $(79)$93,420 
Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Adjustments to sales incentives for previously recognized sales increased revenue by an insignificant amount and $290 million in the three months ended September 30, 2022 and 2021.
Contract liabilities in our Automotive segments primarily consist of maintenance, extended warranty and other service contracts of $3.1 billion and $2.5 billion at September 30, 2022 and December 31, 2021, which are included in Accrued liabilities and Other liabilities. We recognized revenue of $256 million and $982 million related to contract liabilities in the three and nine months ended September 30, 2022 and $262 million and $951 million in the three and nine months ended September 30, 2021. We expect to recognize revenue of $550 million in the three months ending December 31, 2022 and $988 million, $518 million and $1.0 billion in the years ending December 31, 2023, 2024 and thereafter related to contract liabilities at September 30, 2022.