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Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables summarize key financial information by segment:
| At and For the Year Ended December 31, 2023
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 141,445 |  |  | $ | 15,949 |  |  | $ | 273 |  |  |  |  | $ | 157,667 |  |  | $ | 102 |  |  | $ | 14,225 |  |  | $ | (151) |  |  | $ | 171,842 |
Earnings (loss) before interest and taxes-adjusted | $ | 12,306 |  |  | $ | 1,210 |  |  | $ | (1,413) |  |  |  |  | $ | 12,103 |  |  | $ | (2,695) |  |  | $ | 2,985 |  |  | $ | (35) |  |  | $ | 12,357 |
Adjustments(a) | $ | (1,604) |  |  | $ | 217 |  |  | $ | — |  |  |  |  | $ | (1,387) |  |  | $ | (478) |  |  | $ | — |  |  | $ | — |  |  | (1,865) |
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,109 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (911) |
Net income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (287) |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10,403 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (563) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,840 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 287 |
Net income (loss) attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 10,127 |
Equity in net assets of nonconsolidated affiliates | $ | 2,595 |  |  | $ | 6,348 |  |  | $ | — |  |  | $ | — |  |  | $ | 8,943 |  |  | $ | — |  |  | $ | 1,670 |  |  | $ | — |  |  | $ | 10,613 |
Goodwill and intangibles | $ | 2,083 |  |  | $ | 710 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,793 |  |  | $ | 715 |  |  | $ | 1,354 |  |  | $ | — |  |  | $ | 4,862 |
Total assets | $ | 155,908 |  |  | $ | 26,225 |  |  | $ | 41,271 |  |  | $ | (82,858) |  |  | $ | 140,546 |  |  | $ | 4,555 |  |  | $ | 130,780 |  |  | $ | (2,817) |  |  | $ | 273,064 |
Expenditures for property | $ | 10,147 |  |  | $ | 522 |  |  | $ | 15 |  |  | $ | — |  |  | $ | 10,684 |  |  | $ | 63 |  |  | $ | 24 |  |  | $ | 198 |  |  | $ | 10,970 |
Depreciation and amortization | $ | 6,146 |  |  | $ | 589 |  |  | $ | 21 |  |  | $ | — |  |  | $ | 6,755 |  |  | $ | 38 |  |  | $ | 4,944 |  |  | $ | — |  |  | $ | 11,737 |
Impairment charges | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 209 |  |  | $ | — |  |  | $ | — |  |  | $ | 209 |
Equity income (loss)(b) | $ | 196 |  |  | $ | 440 |  |  | $ | — |  |  | $ | — |  |  | $ | 635 |  |  | $ | — |  |  | $ | 138 |  |  | $ | — |  |  | $ | 773 |
__________ (a) Consists of charges related to the VSP and strategic activities related to Buick dealerships in GMNA; the gain associated with India asset sales and the partial resolution of Korean subcontractor matters in GMI; and charges related to Cruise restructuring. (b) 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 EVs. Equity earnings related to Ultium Cells Holdings LLC were $293 million in the year ended December 31, 2023.
| At and For the Year Ended December 31, 2022
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 128,378 |  |  | $ | 15,420 |  |  | $ | 177 |  |  |  |  | $ | 143,974 |  |  | $ | 102 |  |  | $ | 12,766 |  |  | $ | (107) |  |  | $ | 156,735 |
Earnings (loss) before interest and taxes-adjusted | $ | 12,988 |  |  | $ | 1,143 |  |  | $ | (1,846) |  |  |  |  | $ | 12,286 |  |  | $ | (1,890) |  |  | $ | 4,076 |  |  | $ | 2 |  |  | $ | 14,474 |
Adjustments(a) | $ | (411) |  |  | $ | (657) |  |  | $ | — |  |  |  |  | $ | (1,068) |  |  | $ | (1,057) |  |  | $ | — |  |  | $ | — |  |  | (2,125) |
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 460 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (987) |
Net income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (226) |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 11,597 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,888) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,708 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 226 |
Net income (loss) attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 9,934 |
Equity in net assets of nonconsolidated affiliates | $ | 1,820 |  |  | $ | 6,691 |  |  | $ | — |  |  | $ | — |  |  | $ | 8,511 |  |  | $ | — |  |  | $ | 1,665 |  |  | $ | — |  |  | $ | 10,176 |
Goodwill and intangibles | $ | 2,134 |  |  | $ | 740 |  |  | $ | 4 |  |  | $ | — |  |  | $ | 2,877 |  |  | $ | 727 |  |  | $ | 1,341 |  |  | $ | — |  |  | $ | 4,945 |
Total assets | $ | 157,250 |  |  | $ | 24,808 |  |  | $ | 60,518 |  |  | $ | (104,157) |  |  | $ | 138,419 |  |  | $ | 5,510 |  |  | $ | 121,544 |  |  | $ | (1,436) |  |  | $ | 264,037 |
Expenditures for property | $ | 8,280 |  |  | $ | 706 |  |  | $ | 20 |  |  | $ | — |  |  | $ | 9,007 |  |  | $ | 197 |  |  | $ | 44 |  |  | $ | (10) |  |  | $ | 9,238 |
Depreciation and amortization | $ | 5,800 |  |  | $ | 513 |  |  | $ | 21 |  |  | $ | — |  |  | $ | 6,335 |  |  | $ | 53 |  |  | $ | 4,888 |  |  | $ | — |  |  | $ | 11,276 |
Impairment charges | $ | 11 |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | 12 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 12 |
Equity income (loss) | $ | (9) |  |  | $ | 672 |  |  | $ | — |  |  | $ | — |  |  | $ | 663 |  |  | $ | — |  |  | $ | 173 |  |  | $ | — |  |  | $ | 837 |
__________ (a) Consists of charges for strategic activities related to Buick dealerships and the resolution of substantially all royalty matters accrued with respect to past-year vehicle sales in GMNA; charges related to the shutdown of our Russia business in GMI; and charges related to the one-time modification of Cruise stock incentive awards.
| At and For the Year Ended December 31, 2021
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 101,308 |  |  | $ | 12,172 |  |  | $ | 104 |  |  |  |  | $ | 113,584 |  |  | $ | 106 |  |  | $ | 13,419 |  |  | $ | (105) |  |  | $ | 127,004 |
Earnings (loss) before interest and taxes-adjusted | $ | 10,318 |  |  | $ | 827 |  |  | $ | (680) |  |  |  |  | $ | 10,465 |  |  | $ | (1,196) |  |  | $ | 5,036 |  |  | $ | (10) |  |  | $ | 14,295 |
Adjustments(a) | $ | (425) |  |  | $ | (276) |  |  | $ | — |  |  |  |  | $ | (701) |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | (701) |
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 146 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (950) |
Net income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (74) |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 12,716 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,771) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,945 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 74 |
Net income (loss) attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 10,019 |
Equity in net assets of nonconsolidated affiliates | $ | 827 |  |  | $ | 7,133 |  |  | $ | — |  |  | $ | — |  |  | $ | 7,960 |  |  | $ | — |  |  | $ | 1,717 |  |  | $ | — |  |  | $ | 9,677 |
Goodwill and intangibles | $ | 2,240 |  |  | $ | 772 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,012 |  |  | $ | 736 |  |  | $ | 1,339 |  |  | $ | — |  |  | $ | 5,087 |
Total assets | $ | 121,735 |  |  | $ | 22,876 |  |  | $ | 40,492 |  |  | $ | (56,936) |  |  | $ | 128,167 |  |  | $ | 4,489 |  |  | $ | 113,207 |  |  | $ | (1,145) |  |  | $ | 244,718 |
Expenditures for property | $ | 6,576 |  |  | $ | 783 |  |  | $ | 30 |  |  | $ | — |  |  | $ | 7,389 |  |  | $ | 89 |  |  | $ | 26 |  |  | $ | 5 |  |  | $ | 7,509 |
Depreciation and amortization | $ | 5,298 |  |  | $ | 542 |  |  | $ | 21 |  |  | $ | — |  |  | $ | 5,861 |  |  | $ | 52 |  |  | $ | 6,134 |  |  | $ | — |  |  | $ | 12,047 |
Impairment charges | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 4 |  |  | $ | — |  |  | $ | — |  |  | $ | 4 |
Equity income (loss) | $ | 8 |  |  | $ | 1,092 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,100 |  |  | $ | — |  |  | $ | 201 |  |  | $ | — |  |  | $ | 1,301 |
__________ (a) Consists of royalties accrued with respect to past-year vehicle sales and charges for strategic activities related to Cadillac dealerships in GMNA; and a settlement with certain third parties relating to retrospective recoveries of indirect taxes and an adjustment related to the unique events associated with Korea Supreme Court decisions related to our salaried workers in GMI.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas | The following table summarizes information concerning principal geographic areas:
| At and For the Years Ended December 31,
| 2023 |  | 2022 |  | 2021
| Net Sales and Revenue |  | Long-Lived Assets |  | Net Sales and Revenue |  | Long-Lived Assets |  | Net Sales and Revenue |  | Long-Lived Assets
Automotive |  |  |  |  |  |  |  |  |  |  |
U.S. | $ | 127,472 |  |  | $ | 34,142 |  |  | $ | 116,798 |  |  | $ | 30,201 |  |  | $ | 92,771 |  |  | $ | 27,192 |
Non-U.S. | 30,186 |  |  | 16,054 |  |  | 27,177 |  |  | 14,907 |  |  | 20,819 |  |  | 13,771 |
GM Financial |  |  |  |  |  |  |  |  |  |  |
U.S. | 12,133 |  |  | 27,397 |  |  | 11,035 |  |  | 29,411 |  |  | 11,712 |  |  | 34,452 |
Non-U.S. | 2,051 |  |  | 3,309 |  |  | 1,725 |  |  | 3,431 |  |  | 1,702 |  |  | 3,629 |
Total consolidated | $ | 171,842 |  |  | $ | 80,903 |  |  | $ | 156,735 |  |  | $ | 77,950 |  |  | $ | 127,004 |  |  | $ | 79,044 |

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