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Segment Reporting (Tables)

12 Months Ended

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

X

- 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

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-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
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X

- 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

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