XML 48 R37.htm IDEA: XBRL DOCUMENT v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Automotive  
Debt Instrument [Line Items]  
Schedule of Debt Carrying Amount and Fair Value The following table presents debt in our automotive operations:
June 30, 2025December 31, 2024
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$107 $107$105 $105
Unsecured debt(a)16,701 16,26714,980 14,709
Finance lease liabilities391 393383 391
Total automotive debt(b)$17,199 $16,767$15,467 $15,204
Fair value utilizing Level 1 inputs$15,922$14,366
Fair value utilizing Level 2 inputs$845$838
Available under credit facility agreements(c)$13,832$13,793
Weighted-average interest rate on outstanding short-term debt(d)8.9 %7.3 %
Weighted-average interest rate on outstanding long-term debt(d)5.9 %5.8 %
__________
(a)Primarily consists of senior notes.
(b)Includes net discount and debt issuance costs of $472 million and $439 million at June 30, 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:
June 30, 2025December 31, 2024
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$50,913 $51,204 $49,573 $49,753 
Unsecured debt67,620 68,312 64,691 65,258 
Total GM Financial debt$118,532 $119,516 $114,264 $115,010 
Fair value utilizing Level 2 inputs$117,071 $112,941 
Fair value utilizing Level 3 inputs$2,445 $2,070