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Derivative Financial Instruments (Tables) | 9 Months Ended
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Sep. 30, 2023
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, 2023 |  | December 31, 2022
| Carrying Amount of Hedged Items |  | Cumulative Amount of Fair Value Hedging Adjustments(a) |  | Carrying Amount of Hedged Items |  | Cumulative Amount of Fair Value Hedging Adjustments(a)
Short-term unsecured debt | $ | 2,758 |  |  | $ | (8) |  |  | $ | 3,048 |  |  | $ | 2 |
Long-term unsecured debt | 26,788 |  |  | 1,232 |  |  | 25,271 |  |  | 779 |
GM Financial unsecured debt | $ | 29,545 |  |  | $ | 1,224 |  |  | $ | 28,319 |  |  | $ | 781 |
__________ (a)Includes $615 million and an insignificant amount of unamortized losses remaining on hedged items for which hedge accounting has been discontinued at September 30, 2023 and December 31, 2022.
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 Level |  | September 30, 2023 |  | December 31, 2022
Derivatives not designated as hedges(a) |  |  |  |  |
Foreign currency | 2 |  | $ | 1,208 |  |  | $ | 4,072 |
Commodity | 2 |  | 688 |  |  | 1,075 |
Total derivative financial instruments |  |  | $ | 1,895 |  |  | $ | 5,148 |
__________ (a)The fair value of these derivative instruments at September 30, 2023 and December 31, 2022 and the gains/losses included in our condensed consolidated income statements for the three and nine months ended September 30, 2023 and 2022 were insignificant, unless otherwise noted.
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 Level |  | September 30, 2023 |  | December 31, 2022
|  |  | Notional |  | Fair Value of Assets |  | Fair Value of Liabilities |  | Notional |  | Fair Value of Assets |  | Fair Value of Liabilities
Derivatives designated as hedges(a) |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value hedges |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps | 2 |  | $ | 21,820 |  |  | $ | — |  |  | $ | 827 |  |  | $ | 19,950 |  |  | $ | — |  |  | $ | 821 |
Cash flow hedges |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps | 2 |  | 1,881 |  |  | 27 |  |  | 4 |  |  | 1,434 |  |  | 34 |  |  | 1 |
Foreign currency swaps(b) | 2 |  | 7,674 |  |  | 20 |  |  | 547 |  |  | 6,852 |  |  | — |  |  | 586 |
Derivatives not designated as hedges(a) |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts | 2 |  | 117,215 |  |  | 2,248 |  |  | 2,299 |  |  | 113,975 |  |  | 2,268 |  |  | 1,984 |
Total derivative financial instruments(c) |  |  | $ | 148,589 |  |  | $ | 2,295 |  |  | $ | 3,677 |  |  | $ | 142,212 |  |  | $ | 2,302 |  |  | $ | 3,392 |
__________ (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, 2023 and 2022 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)The effect of foreign currency cash flow hedges recognized in Accumulated other comprehensive loss in the consolidated statements of comprehensive income includes losses of $154 million and $383 million for the three months ended September 30, 2023 and 2022, and losses of an insignificant amount and $832 million for the nine months ended September 30, 2023 and 2022. The effect of foreign currency cash flow hedges reclassified from Accumulated other comprehensive loss in the consolidated statements of comprehensive income into income includes losses of $226 million and $386 million for the three months ended September 30, 2023 and 2022 and losses of $129 million and $944 million for the nine months ended September 30, 2023 and 2022. (c)GM Financial held $685 million and $553 million of collateral from counterparties available for netting against GM Financial's asset positions and posted $1.7 billion and $1.5 billion of collateral to counterparties available for netting against GM Financial's liability positions at September 30, 2023 and December 31, 2022.

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- Definition Tabular disclosure for fair value hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
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