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Debt (Tables)
9 Months Ended
Sep. 30, 2024
Automotive  
Debt Instrument [Line Items]  
Schedule of Debt Carrying Amount and Fair Value The following table presents debt in our automotive operations:
September 30, 2024December 31, 2023
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$176 $175$134 $132
Unsecured debt(a)15,916 15,86215,842 15,911
Finance lease liabilities391 411437 447
Total automotive debt(b)$16,484 $16,448$16,413 $16,490
Fair value utilizing Level 1 inputs$15,530$15,457
Fair value utilizing Level 2 inputs$918$1,033
Available under credit facility agreements(c)$13,561$16,446
Weighted-average interest rate on outstanding short-term debt(d)8.3 %16.2 %
Weighted-average interest rate on outstanding long-term debt(d)5.8 %5.8 %
__________
(a)Primarily consists of senior notes.
(b)Includes net discount and debt issuance costs of $481 million and $527 million at September 30, 2024 and December 31, 2023.
(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:
September 30, 2024December 31, 2023
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$43,570 $43,830 $45,243 $44,971 
Unsecured debt67,796 68,354 60,084 59,651 
Total GM Financial debt$111,367 $112,183 $105,327 $104,622 
Fair value utilizing Level 2 inputs$110,055 $102,262 
Fair value utilizing Level 3 inputs$2,129 $2,360