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Equity in Net Assets of Nonconsolidated Affiliates (Tables)
9 Months Ended
Sep. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Equity Income
Three Months EndedNine Months Ended
September 30, 2023September 30, 2022September 30, 2023September 30, 2022
Automotive China joint ventures equity income (loss)$192 $330 $353 $477 
Other joint ventures equity income (loss)(a)136 38 195 138 
Total Equity income (loss)$328 $367 $548 $615 
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(a)Equity earnings related to Ultium Cells Holdings LLC are presented in Automotive and other cost of sales as this entity is integral to the operations of our business by providing battery cells for our electric vehicles (EVs). Equity earnings related to Ultium Cells Holdings LLC were $101 million and $191 million in the three and nine months ended September 30, 2023.
Summary of Financial Data for Nonconsolidated Affiliates
Three Months EndedNine Months Ended
September 30, 2023September 30, 2022September 30, 2023September 30, 2022
Summarized Operating Data of Automotive China JVs
Automotive China JVs' net sales$7,858 $10,393 $21,817 $25,467 
Automotive China JVs' net income (loss)$485 $661 $904 $959