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Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales and revenue        
Automotive $ 41,254 $ 32,614 $ 77,900 $ 65,437
GM Financial 3,493 3,145 6,832 6,301
Total net sales and revenue (Note 2) 44,746 35,759 84,732 71,738
Costs and expenses        
Total costs and expenses 41,958 33,643 79,364 67,426
Operating income (loss) 2,789 2,116 5,367 4,313
Interest income and other non-operating income, net 358 295 767 812
Equity income (loss) (Note 7) 108 (45) 129 247
Income (loss) before income taxes 3,029 2,132 5,803 4,912
Income tax expense (benefit) (Note 14) 522 490 950 462
Net income (loss) 2,507 1,642 4,853 4,449
Net loss (income) attributable to noncontrolling interests 59 50 109 181
Net income (loss) attributable to stockholders 2,566 1,692 4,962 4,631
Net income (loss) attributable to common stockholders $ 2,540 $ 1,666 $ 4,908 $ 3,653
Earnings per share (Note 17)        
Basic earnings per common share (in dollars per share) $ 1.83 $ 1.14 $ 3.53 $ 2.51
Weighted-average common shares outstanding - basic (in shares) 1,385 1,458 1,390 1,458
Diluted earnings per common share (in dollars per share) $ 1.83 $ 1.14 $ 3.52 $ 2.49
Weighted-average common shares outstanding - diluted (in shares) 1,389 1,465 1,396 1,468
Dividends declared per common share (in dollars per share) $ 0.09 $ 0 $ 0.18 $ 0
Automotive        
Net sales and revenue        
Automotive $ 41,254 $ 32,614 $ 77,900 $ 65,437
Costs and expenses        
Automotive and other cost of sales 36,632 29,261 68,879 58,614
Automotive and other selling, general and administrative expense 2,558 2,293 5,105 4,797
Automotive interest expense 226 234 460 460
GM Financial        
Net sales and revenue        
GM Financial 3,493 3,145 6,832 6,301
Costs and expenses        
GM Financial interest, operating and other expenses $ 2,768 $ 2,089 $ 5,380 $ 4,015