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Supplementary Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Supplementary Quarterly Financial Information (Unaudited)
Supplementary Quarterly Financial Information (Unaudited)

The following tables summarize supplementary quarterly financial information:
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
2017
 
 
 
 
 
 
 
Total net sales and revenue
$
37,266

 
$
36,984

 
$
33,623

 
$
37,715

Automotive gross margin
$
5,081

 
$
4,786

 
$
3,955

 
$
4,758

Income (loss) from continuing operations
$
2,686

 
$
2,433

 
$
114

 
$
(4,903
)
(Loss) from discontinued operations, net of tax
$
(69
)
 
$
(770
)
 
$
(3,096
)
 
$
(277
)
Net income (loss) attributable to stockholders
$
2,608

 
$
1,660

 
$
(2,981
)
 
$
(5,151
)
Basic earnings (loss) per common share – continuing operations
$
1.78

 
$
1.62

 
$
0.08

 
$
(3.46
)
Basic (loss) per common share – discontinued operations
$
(0.05
)
 
$
(0.51
)
 
$
(2.14
)
 
$
(0.19
)
Diluted earnings (loss) per common share – continuing operations
$
1.75

 
$
1.60

 
$
0.08

 
$
(3.46
)
Diluted (loss) per common share – discontinued operations
$
(0.05
)
 
$
(0.51
)
 
$
(2.11
)
 
$
(0.19
)

In the three months ended June 30, 2017, September 30, 2017 and December 31, 2017, we collectively recorded a total charge of $6.2 billion as a result of the sale of the European Business, of which $3.9 billion is recorded in Income (loss) from discontinued operations, net of tax, and $2.3 billion is related to Income tax expense. In the three months ended December 31, 2017, the Company recorded a $7.3 billion tax expense related to the U.S. tax reform legislation.
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
2016
 
 
 
 
 
 
 
Total net sales and revenue
$
33,016

 
$
37,383

 
$
38,889

 
$
39,896

Automotive gross margin
$
4,405

 
$
5,305

 
$
5,391

 
$
4,605

Income from continuing operations
$
1,923

 
$
2,744

 
$
2,707

 
$
1,895

Income (loss) from discontinued operations, net of tax
$
8

 
$
106

 
$
5

 
$
(120
)
Net income attributable to stockholders
$
1,953

 
$
2,866

 
$
2,773

 
$
1,835

Basic earnings per common share – continuing operations
$
1.25

 
$
1.78

 
$
1.79

 
$
1.29

Basic earnings (loss) per common share – discontinued operations
$
0.01

 
$
0.07

 
$
—

 
$
(0.08
)
Diluted earnings per common share – continuing operations
$
1.23

 
$
1.74

 
$
1.76

 
$
1.27

Diluted earnings (loss) per common share – discontinued operations
$
0.01

 
$
0.07

 
$
—

 
$
(0.08
)