XML 47 R37.htm IDEA: XBRL DOCUMENT v3.23.2
Debt (Tables)
 6 Months Ended
Jun. 30, 2023
Automotive  
Debt Instrument [Line Items]  
Debt carrying amount and fair value The following table presents debt in our automotive operations:
June 30, 2023December 31, 2022
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$146 $143 $124 $123 
Unsecured debt(a)15,804 15,260 17,340 16,323 
Finance lease liabilities476 485 381 381 
Total automotive debt(b)$16,426 $15,888 $17,844 $16,828 
Fair value utilizing Level 1 inputs$14,806 $15,971 
Fair value utilizing Level 2 inputs$1,081 $857 
Available under credit facility agreements(c)$13,549 $15,095 
Weighted-average interest rate on outstanding short-term debt(d)9.2 %6.1 %
Weighted-average interest rate on outstanding long-term debt(d)5.8 %5.8 %
__________
(a)Primarily consists of senior notes.
(b)Includes net discount and debt issuance costs of $540 million and $525 million at June 30, 2023 and December 31, 2022.
(c)Excludes our 364-day, $2.0 billion facility allocated for exclusive use by GM Financial.
(d)Includes coupon rates on debt denominated in various foreign currencies and interest free loans.
GM Financial  
Debt Instrument [Line Items]  
Debt carrying amount and fair value The following table presents debt of GM Financial:
June 30, 2023December 31, 2022
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$42,004 $41,427 $42,131 $41,467 
Unsecured debt59,614 57,622 54,723 52,270 
Total GM Financial debt$101,618 $99,049 $96,854 $93,738 
Fair value utilizing Level 2 inputs$97,015 $91,545 
Fair value utilizing Level 3 inputs$2,035 $2,192