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Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2024
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, 2024
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 157,509 |  |  | $ | 13,890 |  |  | $ | 206 |  |  | $ | — |  |  | $ | 171,605 |  |  | $ | 257 |  |  | $ | 15,875 |  |  | $ | (296) |  |  | $ | 187,442 |
Segment expenses and other items(a) | (143,719) |  |  | (17,849) |  |  | (1,398) |  |  | — |  |  | (162,966) |  |  | (3,065) |  |  | (13,231) |  |  | 263 |  |  | (178,999) |
Adjustments(b) | 738 |  |  | 4,262 |  |  | 64 |  |  | — |  |  | 5,064 |  |  | 1,107 |  |  | 320 |  |  | — |  |  | 6,491 |
Earnings (loss) before interest and taxes-adjusted | $ | 14,528 |  |  | $ | 303 |  |  | $ | (1,129) |  |  | $ | — |  |  | $ | 13,703 |  |  | $ | (1,701) |  |  | $ | 2,965 |  |  | $ | (33) |  |  | $ | 14,934 |
Adjustments(b) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (6,491) |
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 967 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (846) |
Net income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (45) |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8,519 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,556) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,963 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 45 |
Net income (loss) attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 6,008 |
Equity in net assets of nonconsolidated affiliates | $ | 4,447 |  |  | $ | 1,449 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,896 |  |  | $ | — |  |  | $ | 1,206 |  |  | $ | — |  |  | $ | 7,102 |
Goodwill and intangibles | $ | 1,966 |  |  | $ | 676 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,642 |  |  | $ | 570 |  |  | $ | 1,339 |  |  | $ | — |  |  | $ | 4,551 |
Total assets | $ | 165,905 |  |  | $ | 21,769 |  |  | $ | 38,817 |  |  | $ | (85,117) |  |  | $ | 141,374 |  |  | $ | 2,948 |  |  | $ | 139,156 |  |  | $ | (3,717) |  |  | $ | 279,761 |
Expenditures for property | $ | 10,266 |  |  | $ | 415 |  |  | $ | 30 |  |  | $ | — |  |  | $ | 10,711 |  |  | $ | 7 |  |  | $ | 24 |  |  | $ | 88 |  |  | $ | 10,830 |
Depreciation and amortization | $ | 5,963 |  |  | $ | 506 |  |  | $ | 80 |  |  | $ | — |  |  | $ | 6,548 |  |  | $ | 25 |  |  | $ | 4,883 |  |  | $ | — |  |  | $ | 11,456 |
Impairment charges | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 933 |  |  | $ | — |  |  | $ | — |  |  | $ | 934 |
Equity income (loss)(c) | $ | 955 |  |  | $ | (4,400) |  |  | $ | — |  |  | $ | — |  |  | $ | (3,445) |  |  | $ | — |  |  | $ | (256) |  |  | $ | — |  |  | $ | (3,701) |
__________ (a)Segment expenses and other items for Automotive segments primarily include material and logistics; manufacturing; equity income; selling, general and administrative people-related costs; advertising; information technology; engineering; professional services; and policy, campaign, and warranty. GM Financial items consist primarily of GM Financial interest expense; leased vehicle depreciation; people-related costs; provision for loan losses and gains and losses on termination of leased vehicles. Cruise items primarily consist of people-related costs. (b)Consists of charges related to the Buick dealerships and restructuring actions in GMNA; charges related to manufacturing operations wind down in GMI; China restructuring actions in GMI, GMNA and GM Financial; headquarters relocation in Corporate; and charges related to Cruise restructuring and Cruise realignment. (c)Equity loss associated with our Automotive China JVs include impacts of the other-than-temporary impairment and our portion of restructuring charges. 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. Refer to Note 8 for additional information.
| 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 |
Segment expenses and other items(a) | (130,743) |  |  | (14,522) |  |  | (1,686) |  |  | — |  |  | (146,951) |  |  | (3,275) |  |  | (11,239) |  |  | 116 |  |  | (161,350) |
Adjustments(b) | 1,604 |  |  | (217) |  |  | — |  |  | — |  |  | 1,387 |  |  | 478 |  |  | — |  |  | — |  |  | 1,865 |
Earnings (loss) before interest and taxes-adjusted | $ | 12,306 |  |  | $ | 1,210 |  |  | $ | (1,413) |  |  | $ | — |  |  | $ | 12,103 |  |  | $ | (2,695) |  |  | $ | 2,985 |  |  | $ | (35) |  |  | $ | 12,357 |
Adjustments(b) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (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)(c) | $ | 196 |  |  | $ | 440 |  |  | $ | — |  |  | $ | — |  |  | $ | 635 |  |  | $ | — |  |  | $ | 138 |  |  | $ | — |  |  | $ | 773 |
__________ (a)Segment expenses and other items for Automotive segments primarily include material and logistics; manufacturing; equity income; selling, general and administrative people-related costs; advertising; information technology; engineering; professional services; and policy, campaign, and warranty. GM Financial items consist primarily of GM Financial interest expense; leased vehicle depreciation; people-related costs; provision for loan losses and gains and losses on termination of leased vehicles. Cruise items primarily consist of people-related costs. (b)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. (c)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. Refer to Note 8 for additional information.
| 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 |
Segment expenses and other items(a) | (115,801) |  |  | (14,934) |  |  | (2,023) |  |  | — |  |  | (132,756) |  |  | (3,049) |  |  | (8,690) |  |  | 109 |  |  | (144,386) |
Adjustments(b) | 411 |  |  | 657 |  |  | — |  |  | — |  |  | 1,068 |  |  | 1,057 |  |  | — |  |  | — |  |  | 2,125 |
Earnings (loss) before interest and taxes-adjusted | $ | 12,988 |  |  | $ | 1,143 |  |  | $ | (1,846) |  |  | $ | — |  |  | $ | 12,286 |  |  | $ | (1,890) |  |  | $ | 4,076 |  |  | $ | 2 |  |  | $ | 14,474 |
Adjustments(b) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (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)Segment expenses and other items for Automotive segments primarily include material and logistics; manufacturing; equity income; selling, general and administrative people-related costs; advertising; information technology; engineering; professional services; and policy, campaign, and warranty. GM Financial items consist primarily of GM Financial interest expense; leased vehicle depreciation; people-related costs; provision for loan losses and gains and losses on termination of leased vehicles. Cruise items primarily consist of people-related costs. (b)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.
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,
| 2024 |  | 2023 |  | 2022
| Net Sales and Revenue |  | Long-Lived Assets |  | Net Sales and Revenue |  | Long-Lived Assets |  | Net Sales and Revenue |  | Long-Lived Assets
Automotive |  |  |  |  |  |  |  |  |  |  |
U.S. | $ | 140,536 |  |  | $ | 35,986 |  |  | $ | 127,472 |  |  | $ | 34,142 |  |  | $ | 116,798 |  |  | $ | 30,201 |
Non-U.S. | 31,070 |  |  | 15,811 |  |  | 30,186 |  |  | 16,054 |  |  | 27,177 |  |  | 14,907 |
GM Financial |  |  |  |  |  |  |  |  |  |  |
U.S. | 13,575 |  |  | 28,129 |  |  | 12,133 |  |  | 27,397 |  |  | 11,035 |  |  | 29,411 |
Non-U.S. | 2,261 |  |  | 3,563 |  |  | 2,051 |  |  | 3,309 |  |  | 1,725 |  |  | 3,431 |
Total consolidated | $ | 187,442 |  |  | $ | 83,490 |  |  | $ | 171,842 |  |  | $ | 80,903 |  |  | $ | 156,735 |  |  | $ | 77,950 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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