Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2020

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 June 30, 2020
	GMNA		GMI		Corporate		Eliminations		Total Automotive		Cruise		GM Financial		Eliminations/Reclassifications		Total
Net sales and revenue	$	11,604	$	1,677	$	80			$	13,361	$	28	$	3,423	$	(34)	$	16,778
Earnings (loss) before interest and taxes-adjusted	$	(101)	$	(270)	$	(182)			$	(553)	$	(195)	$	226	$	(14)	$	(536)
Adjustments(a)	$	—	$	(92)	$	—			$	(92)	$	—	$	—	$	—	(92)
Automotive interest income																	61
Automotive interest expense																	(303)
Net (loss) attributable to noncontrolling interests																	(22)
Loss before income taxes																	(892)
Income tax benefit																	112
Net loss																	(780)
Net loss attributable to noncontrolling interests																	22
Net loss attributable to stockholders																	$	(758)
Equity in net assets of nonconsolidated affiliates	$	133	$	6,107	$	—	$	—	$	6,240	$	—	$	1,484	$	—	$	7,724
Goodwill and intangibles	$	2,399	$	819	$	1	$	—	$	3,219	$	726	$	1,337	$	—	$	5,282
Total assets	$	101,521	$	21,494	$	43,258	$	(41,700)	$	124,573	$	3,963	$	111,154	$	(2,155)	$	237,535
Depreciation and amortization	$	1,127	$	149	$	6	$	—	$	1,282	$	11	$	1,965	$	—	$	3,258
Impairment charges	$	—	$	7	$	—	$	—	$	7	$	—	$	—	$	—	$	7
Equity income	$	5	$	165	$	—	$	—	$	170	$	—	$	42	$	—	$	212

__________

(a)Consists of restructuring and other charges in Australia, New Zealand and Thailand.

	At and For the Three Months Ended June 30, 2019
	GMNA		GMI		Corporate		Eliminations		Total Automotive		Cruise		GM Financial		Eliminations/Reclassifications		Total
Net sales and revenue	$	28,324	$	4,047	$	54			$	32,425	$	25	$	3,639	$	(29)	$	36,060
Earnings (loss) before interest and taxes-adjusted	$	3,022	$	(48)	$	(216)			$	2,758	$	(279)	$	536	$	(3)	$	3,012
Adjustments(a)	$	(336)	$	357	$	(2)			$	19	$	—	$	—	$	—	19
Automotive interest income																	106
Automotive interest expense																	(195)
Net (loss) attributable to noncontrolling interests																	(15)
Income before income taxes																	2,927
Income tax expense																	(524)
Net income																	2,403
Net loss attributable to noncontrolling interests																	15
Net income attributable to stockholders																	$	2,418
Equity in net assets of nonconsolidated affiliates	$	82	$	6,800	$	12	$	—	$	6,894	$	—	$	1,446	$	—	$	8,340
Goodwill and intangibles	$	2,520	$	908	$	1	$	—	$	3,429	$	670	$	1,358	$	—	$	5,457
Total assets	$	114,515	$	26,681	$	29,597	$	(50,446)	$	120,347	$	4,212	$	110,711	$	(1,533)	$	233,737
Depreciation and amortization	$	1,409	$	119	$	13	$	—	$	1,541	$	7	$	1,848	$	—	$	3,396
Impairment charges	$	8	$	3	$	—	$	—	$	11	$	—	$	—	$	—	$	11
Equity income (loss)	$	2	$	233	$	(6)	$	—	$	229	$	—	$	42	$	—	$	271

__________

(a)Consists of restructuring and other charges related to transformation activities of $361 million, primarily in GMNA and a benefit of $380 million related to the retrospective recoveries of indirect taxes in Brazil in GMI.

	At and For the Six Months Ended June 30, 2020
	GMNA		GMI		Corporate		Eliminations		Total Automotive		Cruise		GM Financial		Eliminations/Reclassifications		Total
Net sales and revenue	$	37,435	$	4,957	$	118			$	42,510	$	53	$	6,984	$	(60)	$	49,487
Earnings (loss) before interest and taxes-adjusted	$	2,093	$	(821)	$	(593)			$	679	$	(423)	$	456	$	2	$	714
Adjustments(a)	$	—	$	(581)	$	—			$	(581)	$	—	$	—	$	—	(581)
Automotive interest income																	144
Automotive interest expense																	(496)
Net (loss) attributable to noncontrolling interests																	(30)
Loss before income taxes																	(249)
Income tax expense																	(245)
Net loss																	(494)
Net loss attributable to noncontrolling interests																	30
Net loss attributable to stockholders																	$	(464)
Depreciation and amortization	$	2,354	$	315	$	15	$	—	$	2,684	$	19	$	3,753	$	—	$	6,456
Impairment charges	$	20	$	97	$	—	$	—	$	117	$	—	$	—	$	—	$	117
Equity income	$	11	$	2	$	—	$	—	$	13	$	—	$	67	$	—	$	80

__________

(a)Consists of restructuring and other charges in Australia, New Zealand and Thailand.

	At and For the Six Months Ended June 30, 2019
	GMNA		GMI		Corporate		Eliminations		Total Automotive		Cruise		GM Financial		Eliminations/Reclassifications		Total
Net sales and revenue	$	55,689	$	7,897	$	100			$	63,686	$	50	$	7,259	$	(57)	$	70,938
Earnings (loss) before interest and taxes-adjusted	$	4,918	$	(17)	$	(10)			$	4,891	$	(448)	$	895	$	(16)	$	5,322
Adjustments(a)	$	(1,119)	$	1,207	$	(2)			$	86	$	—	$	—	$	—	86
Automotive interest income																	204
Automotive interest expense																	(376)
Net (loss) attributable to noncontrolling interests																	(27)
Income before income taxes																	5,209
Income tax expense																	(661)
Net income																	4,548
Net loss attributable to noncontrolling interests																	27
Net income attributable to stockholders																	$	4,575
Depreciation and amortization	$	3,478	$	246	$	25	$	—	$	3,749	$	9	$	3,747	$	—	$	7,505
Impairment charges	$	15	$	3	$	—	$	—	$	18	$	—	$	—	$	—	$	18
Equity income (loss)	$	4	$	607	$	(13)	$	—	$	598	$	—	$	87	$	—	$	685

_________

(a)Consists of restructuring and other charges related to transformation activities of $1.2 billion, primarily in GMNA and a benefit of $1.2 billion related to the retrospective recoveries of indirect taxes in Brazil in GMI.