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Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2020
Derivative [Line Items]  
Schedule of Cumulative Basis Adjustments for Fair Value Hedges
The following amounts were recorded in the condensed consolidated balance sheets related to items designated and qualifying as hedged items in fair value hedging relationships:
September 30, 2020December 31, 2019
Carrying Amount of Hedged ItemsCumulative Amount of Fair Value Hedging Adjustments(a)Carrying Amount of Hedged ItemsCumulative Amount of Fair Value Hedging Adjustments(a)
GM Financial unsecured debt$24,275 $(713)$20,397 $(77)
__________
(a)Includes $197 million of unamortized gains and an insignificant amount of amortization remaining on hedged items for which hedge accounting has been discontinued at September 30, 2020 and December 31, 2019.
Automotive [Member]  
Derivative [Line Items]  
Schedule of Notional Amounts for Derivative Financial Instruments The following table presents the notional amounts of derivative financial instruments in our automotive operations:
Fair Value LevelSeptember 30, 2020December 31, 2019
Derivatives not designated as hedges(a)
Foreign currency2$2,830 $5,075 
Commodity2291 806 
PSA warrants(b)247 45 
Total derivative financial instruments$3,168 $5,926 
__________
(a)The fair value of these derivative instruments at September 30, 2020 and December 31, 2019 and the gains/losses included in our condensed consolidated income statements for the three and nine months ended September 30, 2020 and 2019 were insignificant, unless otherwise noted.
(b)The fair value of the warrants issued by Peugeot, S.A. (PSA Group) included in Other assets was $735 million and $964 million at September 30, 2020 and December 31, 2019. We recorded gains in Interest income and other non-operating income, net of $76 million and $51 million in the three months ended September 30, 2020 and 2019 and losses of $227 million and gains of $222 million in the nine months ended September 30, 2020 and 2019.
GM Financial [Member]  
Derivative [Line Items]  
Schedule of Notional Amounts for Derivative Financial Instruments The following table presents the gross fair value amounts of GM Financial's derivative financial instruments and the associated notional amounts:
Fair Value LevelSeptember 30, 2020December 31, 2019
NotionalFair Value of AssetsFair Value of LiabilitiesNotionalFair Value of AssetsFair Value of Liabilities
Derivatives designated as hedges(a)
Fair value hedges
Interest rate swaps2$10,050 $496 $2 $9,458 $234 $23 
Foreign currency swaps21,876 77 39 1,796 22 71 
Cash flow hedges
Interest rate swaps2914 — 28 590 — 6 
Foreign currency swaps25,365 98 138 4,429 40 119 
Derivatives not designated as hedges(a)
Interest rate contracts2110,059 1,023 692 92,400 340 300 
Total derivative financial instruments(b)$128,264 $1,694 $899 $108,673 $636 $519 
__________
(a)The gains/losses included in our condensed consolidated income statements and statements of comprehensive income for the three and nine months ended September 30, 2020 and 2019 were insignificant, unless otherwise noted. Amounts accrued for interest payments in a net receivable position are included in Other assets. Amounts accrued for interest payments in a net payable position are included in Other liabilities.
(b)GM Financial held $779 million and $210 million of collateral from counterparties available for netting against GM Financial's asset positions, and posted $195 million and an insignificant amount of collateral to counterparties available for netting against GM Financial's liability positions at September 30, 2020 and December 31, 2019.