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Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net sales and revenue        
Automotive $ 40,498 $ 38,703 $ 118,398 $ 104,141
GM Financial 3,633 3,185 10,465 9,486
Total net sales and revenue (Note 2) 44,131 41,889 128,863 113,627
Costs and expenses        
Total costs and expenses 41,118 38,497 120,483 105,922
Operating income (loss) 3,013 3,392 8,380 7,704
Interest income and other non-operating income, net 453 598 1,219 1,410
Equity income (loss) (Note 7) 227 367 357 615
Income (loss) before income taxes 3,464 4,097 9,267 9,009
Income tax expense (benefit) (Note 14) 470 845 1,421 1,308
Net income (loss) 2,994 3,252 7,846 7,701
Net loss (income) attributable to noncontrolling interests 70 53 179 234
Net income (loss) attributable to stockholders 3,064 3,305 8,026 7,935
Net income (loss) attributable to common stockholders $ 3,038 $ 3,278 $ 7,946 $ 6,931
Earnings per share (Note 17)        
Basic earnings per common share (in dollars per share) $ 2.21 $ 2.26 $ 5.74 $ 4.76
Weighted-average common shares outstanding - basic (in shares) 1,372 1,448 1,384 1,455
Diluted earnings per common share (in dollars per share) $ 2.20 $ 2.25 $ 5.72 $ 4.73
Weighted-average common shares outstanding - diluted (in shares) 1,378 1,457 1,390 1,464
Dividends declared per common share (in dollars per share) $ 0.09 $ 0.09 $ 0.27 $ 0.09
Automotive        
Net sales and revenue        
Automotive $ 40,498 $ 38,703 $ 118,398 $ 104,141
Costs and expenses        
Automotive and other cost of sales 35,842 33,700 104,721 92,314
Automotive and other selling, general and administrative expense 2,344 2,477 7,449 7,274
Automotive interest expense 229 259 689 719
GM Financial        
Net sales and revenue        
GM Financial 3,633 3,185 10,465 9,486
Costs and expenses        
GM Financial interest, operating and other expenses $ 2,933 $ 2,320 $ 8,313 $ 6,335