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Revenue
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table disaggregates our revenue by major source:
Three Months Ended March 31, 2024
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$34,898 $2,760 $5 $37,663 $— $— $— $37,663 
Used vehicles229 5 — 234 — — — 234 
Services and other972 316 27 1,315 25 — (25)1,316 
Automotive net sales and revenue36,099 3,082 32 39,212 25 — (25)39,212 
Leased vehicle income— — — — — 1,800 — 1,800 
Finance charge income— — — — — 1,786 (8)1,778 
Other income— — — — — 225 (1)224 
GM Financial net sales and revenue— — — — — 3,811 (9)3,802 
Net sales and revenue$36,099 $3,082 $32 $39,212 $25 $3,811 $(34)$43,014 

Three Months Ended March 31, 2023
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$31,876 $3,342 $9 $35,227 $— $— $— $35,227 
Used vehicles175 5 — 180 — — — 180 
Services and other837 380 22 1,239 25 — (25)1,239 
Automotive net sales and revenue32,889 3,727 31 36,646 25 — (25)36,646 
Leased vehicle income— — — — — 1,818 — 1,818 
Finance charge income— — — — — 1,368 (3)1,366 
Other income— — — — — 156 (1)155 
GM Financial net sales and revenue— — — — — 3,343 (4)3,339 
Net sales and revenue$32,889 $3,727 $31 $36,646 $25 $3,343 $(29)$39,985 
Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Adjustments to sales incentives for previously recognized sales increased revenue by an insignificant amount in the three months ended March 31, 2024 and 2023.
Contract liabilities in our Automotive segments primarily consist of vehicle connectivity, customer rewards programs, maintenance, extended warranty and other contracts of $5.4 billion and $5.0 billion at March 31, 2024 and December 31, 2023, which are included in Accrued liabilities and Other liabilities. We recognized revenue of $490 million and $408 million related to contract liabilities in the three months ended March 31, 2024 and 2023. We expect to recognize revenue of $1.4 billion in the nine months ending December 31, 2024 and $1.5 billion, $1.2 billion and $1.3 billion in the years ending December 31, 2025, 2026 and thereafter related to contract liabilities at March 31, 2024.