XML 55 R44.htm IDEA: XBRL DOCUMENT
v3.25.1

Segment Reporting (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables summarize key financial information by segment:
| At and For the Three Months Ended March 31, 2025
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 37,388 |  |  | $ | 2,427 |  |  | $ | 46 |  |  | $ | — |  |  | $ | 39,860 |  |  | $ | 1 |  |  | $ | 4,164 |  |  | $ | (5) |  |  | $ | 44,020 |
Segment expenses and other items(a) | (34,101) |  |  | (2,397) |  |  | (306) |  |  | — |  |  | (36,804) |  |  | (274) |  |  | (3,479) |  |  | 1 |  |  | (40,556) |
Adjustments(b) | — |  |  | — |  |  | 26 |  |  | — |  |  | 26 |  |  | — |  |  | — |  |  | — |  |  | 26 |
Earnings (loss) before interest and taxes-adjusted | $ | 3,286 |  |  | $ | 30 |  |  | $ | (234) |  |  | $ | — |  |  | $ | 3,081 |  |  | $ | (273) |  |  | $ | 685 |  |  | $ | (4) |  |  | $ | 3,490 |
Adjustments(b) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (26) |
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 191 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (152) |
Net income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 69 |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,572 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (719) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,853 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (69) |
Net income (loss) attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,784 |
Equity in net assets of nonconsolidated affiliates | $ | 3,970 |  |  | $ | 1,492 |  |  | $ | 190 |  |  | $ | — |  |  | $ | 5,651 |  |  | $ | — |  |  | $ | 1,226 |  |  | $ | — |  |  | $ | 6,877 |
Goodwill and intangibles | $ | 2,508 |  |  | $ | 669 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,177 |  |  | $ | 1 |  |  | $ | 1,342 |  |  | $ | — |  |  | $ | 4,520 |
Total assets | $ | 170,812 |  |  | $ | 21,428 |  |  | $ | 40,355 |  |  | $ | (87,565) |  |  | $ | 145,030 |  |  | $ | 251 |  |  | $ | 141,056 |  |  | $ | (4,232) |  |  | $ | 282,104 |
Expenditures for property | $ | 1,705 |  |  | $ | 94 |  |  | $ | 11 |  |  | $ | — |  |  | $ | 1,809 |  |  | $ | 2 |  |  | $ | 4 |  |  | $ | — |  |  | $ | 1,816 |
Depreciation and amortization | $ | 1,588 |  |  | $ | 102 |  |  | $ | 27 |  |  | $ | — |  |  | $ | 1,716 |  |  | $ | 5 |  |  | $ | 1,212 |  |  | $ | — |  |  | $ | 2,934 |
Impairment charges | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Equity income (loss)(c) | $ | 242 |  |  | $ | 49 |  |  | $ | — |  |  | $ | — |  |  | $ | 291 |  |  | $ | — |  |  | $ | 12 |  |  | $ | — |  |  | $ | 303 |
__________ (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 primarily consist 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 ongoing costs incurred related to the wind down of Cruise robotaxi activities. (b)Consists of charges for strategic activities related to the headquarters relocation in Corporate. (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 t o Note 7 for additional information.
| At and For the Three Months Ended March 31, 2024
| GMNA |  | GMI |  | Corporate |  | Eliminations |  | Total Automotive |  | Cruise |  | GM Financial |  | Eliminations/Reclassifications |  | Total
Net sales and revenue | $ | 36,099 |  |  | $ | 3,082 |  |  | $ | 32 |  |  | $ | — |  |  | $ | 39,212 |  |  | $ | 25 |  |  | $ | 3,811 |  |  | $ | (34) |  |  | $ | 43,014 |
Segment expenses and other items(a) | (32,355) |  |  | (3,092) |  |  | (277) |  |  | — |  |  | (35,723) |  |  | (468) |  |  | (3,075) |  |  | 26 |  |  | (39,239) |
Adjustments(b) | 96 |  |  | — |  |  | — |  |  | — |  |  | 96 |  |  | — |  |  | — |  |  | — |  |  | 96 |
Earnings (loss) before interest and taxes-adjusted | $ | 3,840 |  |  | $ | (10) |  |  | $ | (245) |  |  | $ | — |  |  | $ | 3,585 |  |  | $ | (442) |  |  | $ | 737 |  |  | $ | (8) |  |  | $ | 3,871 |
Adjustments(b) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (96) |
Automotive interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 186 |
Automotive interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (219) |
Net income (loss) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (27) |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,715 |
Income tax benefit (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (762) |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,953 |
Net loss (income) attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 27 |
Net income (loss) attributable to stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,980 |
Equity in net assets of nonconsolidated affiliates | $ | 2,885 |  |  | $ | 6,184 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,069 |  |  | $ | — |  |  | $ | 1,670 |  |  | $ | — |  |  | $ | 10,740 |
Goodwill and intangibles | $ | 2,054 |  |  | $ | 701 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,755 |  |  | $ | 715 |  |  | $ | 1,353 |  |  | $ | — |  |  | $ | 4,823 |
Total assets | $ | 158,677 |  |  | $ | 25,777 |  |  | $ | 38,991 |  |  | $ | (79,334) |  |  | $ | 144,111 |  |  | $ | 3,977 |  |  | $ | 131,998 |  |  | $ | (3,496) |  |  | $ | 276,591 |
Expenditures for property | $ | 2,631 |  |  | $ | 93 |  |  | $ | 4 |  |  | $ | — |  |  | $ | 2,728 |  |  | $ | 12 |  |  | $ | 4 |  |  | $ | 39 |  |  | $ | 2,783 |
Depreciation and amortization | $ | 1,409 |  |  | $ | 125 |  |  | $ | 5 |  |  | $ | — |  |  | $ | 1,540 |  |  | $ | 5 |  |  | $ | 1,253 |  |  | $ | — |  |  | $ | 2,798 |
Impairment charges | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Equity income (loss)(c) | $ | 127 |  |  | $ | (108) |  |  | $ | — |  |  | $ | — |  |  | $ | 19 |  |  | $ | — |  |  | $ | 32 |  |  | $ | — |  |  | $ | 50 |
__________ (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 primarily consist 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 in GMNA. (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 7 for additional information.

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 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
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration