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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 to 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

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- References

No definition available.

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