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Debt (Tables)
3 Months Ended
Mar. 31, 2025
Automotive  
Debt Instrument [Line Items]  
Schedule of Debt Carrying Amount and Fair Value The following table presents debt in our automotive operations:
March 31, 2025December 31, 2024
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$146 $146$105 $105
Unsecured debt(a)15,130 14,50414,980 14,709
Finance lease liabilities364 375383 391
Total automotive debt(b)$15,640 $15,025$15,467 $15,204
Fair value utilizing Level 1 inputs$14,180$14,366
Fair value utilizing Level 2 inputs$845$838
Available under credit facility agreements(c)$13,838$13,793
Weighted-average interest rate on outstanding short-term debt(d)7.7 %7.3 %
Weighted-average interest rate on outstanding long-term debt(d)5.8 %5.8 %
__________
(a)Primarily consists of senior notes.
(b)Includes net discount and debt issuance costs of $445 million and $439 million at March 31, 2025 and December 31, 2024.
(c)Excludes our 364-day, $2.0 billion facility allocated for exclusive use by GM Financial.
(d)Includes coupon rates on debt denominated in various foreign currencies and interest free loans.
GM Financial  
Debt Instrument [Line Items]  
Schedule of Debt Carrying Amount and Fair Value The following table presents debt of GM Financial:
March 31, 2025December 31, 2024
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$48,886 $49,107 $49,573 $49,753 
Unsecured debt68,152 68,425 64,691 65,258 
Total GM Financial debt$117,037 $117,532 $114,264 $115,010 
Fair value utilizing Level 2 inputs$115,350 $112,941 
Fair value utilizing Level 3 inputs$2,182 $2,070