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Equity In Net Assets Of Nonconsolidated Affiliates (Tables)
 12 Months Ended
Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]  
Schedule of Equity Income Revenue and expenses of our joint ventures are not consolidated into our financial statements; rather, our proportionate share of the earnings of each joint venture is reflected as Equity income.
Years Ended December 31,
202320222021
Automotive China joint ventures equity income (loss)$446 $677 $1,098 
Other joint ventures equity income (loss)(a)327 159 203 
Total Equity income (loss)$773 $837 $1,301 
__________
(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 EVs. Equity earnings related to Ultium Cells Holdings LLC were $293 million in the year ended December 31, 2023.
Carrying Amount of Investments in Nonconsolidated Affiliates
Investments in Nonconsolidated Affiliates
December 31, 2023December 31, 2022
Automotive China joint ventures carrying amount$6,373 $6,714 
Ultium Cells Holdings LLC carrying amount2,268 1,463 
Other investments carrying amount1,972 1,998 
Total equity in net assets of nonconsolidated affiliates$10,613 $10,176 
Summarized Financial Data for Nonconsolidated Affiliates
Summarized Financial Data of Nonconsolidated Affiliates
December 31, 2023December 31, 2022
Automotive China JVsOthersTotalAutomotive China JVsOthersTotal
Summarized Balance Sheet Data
Current assets$15,963 $17,435 $33,398 $17,735 $17,405 $35,140 
Non-current assets11,585 11,535 23,120 12,428 10,826 23,254 
Total assets$27,548 $28,970 $56,518 $30,163 $28,231 $58,394 
Current liabilities$22,104 $15,308 $37,412 $23,267 $17,498 $40,765 
Non-current liabilities1,070 4,174 5,244 1,167 3,184 4,351 
Total liabilities$23,174 $19,482 $42,656 $24,434 $20,682 $45,116 
Noncontrolling interests$868 $— $868 $904 $— $904 

Years Ended December 31,
202320222021
Summarized Operating Data
Automotive China JVs' net sales$31,435 $35,857 $42,776 
Others' net sales4,311 2,029 2,017 
Total net sales$35,746 $37,886 $44,793 
Automotive China JVs' net income$1,122 $1,407 $2,109 
Others' net income771 426 587 
Total net income$1,893 $1,833 $2,696 
Nonconsolidated Affiliates  
Schedule of Equity Method Investments [Line Items]  
Transactions with and Balances Related to Nonconsolidated Affiliates The following tables summarize transactions with and balances related to our nonconsolidated affiliates:
Years Ended December 31,
202320222021
Automotive sales and revenue$209 $218 $227 
Automotive purchases, net$2,766 $2,637 $1,551 
Dividends received$1,018 $1,030 $783 
Operating cash flows$(941)$(1,133)$(616)

December 31, 2023December 31, 2022
Accounts and notes receivable, net$589 $1,089 
Accounts payable$806 $942 
Undistributed earnings$1,719 $1,918 
China JVs  
Schedule of Equity Method Investments [Line Items]  
Schedule of Equity Method Investments
The following table summarizes our direct ownership interests in our China JVs:
December 31, 2023December 31, 2022
Automotive China JVs
SAIC General Motors Corp., Ltd. (SGM)50 %50 %
Pan Asia Technical Automotive Center Co., Ltd.50 %50 %
SAIC General Motors Sales Co., Ltd. (SGMS)49 %49 %
SAIC GM Wuling Automobile Co., Ltd. (SGMW)44 %44 %
Shanghai OnStar Telematics Co., Ltd. (Shanghai OnStar)40 %40 %
SAIC GM (Shenyang) Norsom Motors Co., Ltd. (SGM Norsom)25 %25 %
SAIC GM Dong Yue Motors Co., Ltd. (SGM DY)25 %25 %
SAIC GM Dong Yue Powertrain Co., Ltd. (SGM DYPT)25 %25 %
Other joint ventures
SAIC-GMAC Automotive Finance Company Limited (SAIC-GMAC)35 %35 %
SAIC-GMF Leasing Co., Ltd. 35 %35 %