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Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2022
Derivative [Line Items]  
Schedule of Cumulative Basis Adjustments for Fair Value Hedges
The following amounts were recorded in the condensed consolidated balance sheets related to items designated and qualifying as hedged items in fair value hedging relationships:
September 30, 2022December 31, 2021
Carrying Amount of Hedged ItemsCumulative Amount of Fair Value Hedging Adjustments(a)Carrying Amount of Hedged ItemsCumulative Amount of Fair Value Hedging Adjustments(a)
Short-term unsecured debt$3,045 $5 $1,338 $(1)
Long-term unsecured debt25,254 796 23,626 (225)
GM Financial unsecured debt$28,299 $801 $24,964 $(226)
__________
(a)Includes an insignificant amount and $246 million of unamortized gains remaining on hedged items for which hedge accounting has been discontinued at September 30, 2022 and December 31, 2021.
Automotive  
Derivative [Line Items]  
Schedule of Notional Amounts for Derivative Financial Instruments The following table presents the notional amounts of derivative financial instruments in our automotive operations:
Fair Value LevelSeptember 30, 2022December 31, 2021
Derivatives not designated as hedges(a)
Foreign currency2$4,484 $4,228 
Commodity21,192 1,549 
Stellantis warrants(b)2— 45 
Total derivative financial instruments$5,676 $5,822 
__________
(a)The fair value of these derivative instruments at September 30, 2022 and December 31, 2021 and the gains/losses included in our condensed consolidated income statements for the three and nine months ended September 30, 2022 and 2021 were insignificant, unless otherwise noted.
(b)At December 31, 2021, we held 39.7 million warrants in Stellantis N.V. (Stellantis), which we exercised in September 2022. Upon exercise, the warrants converted into 69.1 million common shares of Stellantis, which we immediately sold back to Stellantis. Total net pre-tax proceeds, including dividends received, in connection with this transaction were approximately $1.1 billion. The fair value of these warrants, located in Other assets, was $1.4 billion at December 31, 2021. We recorded an insignificant gain and an insignificant loss in Interest income and other non-operating income in the three months ended September 30, 2022 and 2021 and a loss of $363 million and a gain of $333 million in the nine months ended September 30, 2022 and 2021.
GM Financial  
Derivative [Line Items]  
Schedule of Notional Amounts for Derivative Financial Instruments The following table presents the gross fair value amounts of GM Financial's derivative financial instruments and the associated notional amounts:
Fair Value LevelSeptember 30, 2022December 31, 2021
NotionalFair Value of AssetsFair Value of LiabilitiesNotionalFair Value of AssetsFair Value of Liabilities
Derivatives designated as hedges(a)
Fair value hedges
Interest rate swaps2$20,950 $— $864 $15,058 $74 $88 
Foreign currency swaps2— — — 682 — 59 
Cash flow hedges
Interest rate swaps21,117 26 3 611 12 4 
Foreign currency swaps26,329 4 1,036 7,419 85 201 
Derivatives not designated as hedges(a)
Interest rate contracts2106,973 2,250 1,965 110,053 846 339 
Foreign currency contracts2— — — 148 — — 
Total derivative financial instruments(b)$135,369 $2,280 $3,867 $133,971 $1,017 $691 
__________
(a)The gains/losses included in our condensed consolidated income statements and statements of comprehensive income for the three and nine months ended September 30, 2022 and 2021 were insignificant, unless otherwise noted. Amounts accrued for interest payments in a net receivable position are included in Other assets. Amounts accrued for interest payments in a net payable position are included in Other liabilities.
(b)GM Financial held $471 million and $376 million of collateral from counterparties available for netting against GM Financial's asset positions, and posted $1.4 billion and an insignificant amount of collateral to counterparties available for netting against GM Financial's liability positions at September 30, 2022 and December 31, 2021.