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Derivative Financial Instruments | 3 Months Ended
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Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivative Financial Instruments | Derivative Financial Instruments The following table presents the gross fair value amounts of GM Financial's derivative financial instruments and the associated notional amounts:
| Fair Value Level |  | March 31, 2025 |  | December 31, 2024
|  |  | Notional |  | Fair Value of Assets |  | Fair Value of Liabilities |  | Notional |  | Fair Value of Assets |  | Fair Value of Liabilities
Derivatives designated as hedges(a) |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value hedges |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps(b) | 2 |  | $ | 44,495 |  |  | $ | 127 |  |  | $ | 589 |  |  | $ | 36,145 |  |  | $ | 32 |  |  | $ | 621 |
Cash flow hedges |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps | 2 |  | 2,006 |  |  | 28 |  |  | 17 |  |  | 1,873 |  |  | 35 |  |  | 4 |
Foreign currency swaps(c) | 2 |  | 8,420 |  |  | 137 |  |  | 231 |  |  | 8,363 |  |  | 80 |  |  | 508 |
Derivatives not designated as hedges(a) |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts | 2 |  | 117,569 |  |  | 578 |  |  | 879 |  |  | 123,346 |  |  | 833 |  |  | 1,294 |
Total derivative financial instruments(d) |  |  | $ | 172,490 |  |  | $ | 870 |  |  | $ | 1,715 |  |  | $ | 169,727 |  |  | $ | 981 |  |  | $ | 2,427 |
__________ (a)The gains/losses included in our condensed consolidated income statements and statements of comprehensive income for the three months ended March 31, 2025 and 2024 were insignificant, unless otherwise noted. Amounts accrued for interest payments in a net receivable position are included in Other assets. Amounts accrued for interest payments in a net payable position are included in Other liabilities. (b)The effect of fair value hedges in the condensed consolidated income statements include insignificant losses for the three months ended March 31, 2025 and 2024. (c)The effect of foreign currency cash flow hedges in the condensed consolidated statements of comprehensive income include gains of $157 million and losses of $141 million recognized in Accumulated other comprehensive loss, and gains of $231 million and losses of $163 million reclassified from Accumulated other comprehensive loss into income for the three months ended March 31, 2025 and 2024. (d)The fair value of derivative instruments that are classified as assets or liabilities available for offset was $693 million at March 31, 2025 and December 31, 2024. GM Financial held $104 million and $190 million of collateral from counterparties available for netting against GM Financial's asset positions and posted $898 million and $1.2 billion of collateral to counterparties available for netting against GM Financial's liability positions at March 31, 2025 and December 31, 2024. The fair value for Level 2 instruments was derived using the market approach based on observable market inputs including quoted prices of similar instruments and foreign exchange and interest rate forward curves. The following amounts were recorded in the condensed consolidated balance sheets related to items designated and qualifying as hedged items in fair value hedging relationships:
| March 31, 2025 |  | December 31, 2024
| Carrying Amount of Hedged Items |  | Cumulative Amount of Fair Value Hedging Adjustments(a) |  | Carrying Amount of Hedged Items |  | Cumulative Amount of Fair Value Hedging Adjustments(a)
Short-term unsecured debt | $ | 6,802 |  |  | $ | (2) |  |  | $ | 6,406 |  |  | $ | (6) |
Long-term unsecured debt | 30,882 |  |  | 963 |  |  | 30,258 |  |  | 1,287 |
GM Financial unsecured debt | $ | 37,684 |  |  | $ | 960 |  |  | $ | 36,664 |  |  | $ | 1,281 |
__________ (a)Includes $669 million and $719 million of unamortized losses remaining on hedged items for which hedge accounting has been discontinued at March 31, 2025 and December 31, 2024.

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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480237/815-40-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-5C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/815/tableOfContent + Details
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