Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Summary of Common and Preferred Stock

	September 30, 2020	December 31, 2019
Common Stock
Number of shares authorized	10,000,000	10,000,000
Number of shares issued and outstanding	5,050,000	5,050,000

During the nine months ended September 30, 2020, our Board of Directors declared and paid dividends of $800 million on our common stock to General Motors Holdings LLC.

	September 30, 2020	December 31, 2019
Preferred Stock
Number of shares authorized	250,000,000	250,000,000
Number of shares issued and outstanding
Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series A (Series A Preferred Stock)	1,000,000	1,000,000
Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series B (Series B Preferred Stock)	500,000	500,000
Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series C (Series C Preferred Stock)	500,000	—

Schedule of Accumulated Other Comprehensive Loss

The following table summarizes the significant components of accumulated other comprehensive loss:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Unrealized loss on hedges
Beginning balance	$	(200)	$	(24)	$	(49)	$	9
Change in value of hedges, net of tax	17		(12)		(134)		(45)
Ending balance	(183)		(36)		(183)		(36)
Defined benefit plans
Beginning balance	1		1		1		1
Unrealized gain on subsidiary pension, net of tax	—		—		—		—
Ending balance	1		1		1		1
Foreign currency translation adjustment
Beginning balance	(1,464)		(1,011)		(1,071)		(1,076)
Translation gain (loss), net of tax	82		(164)		(311)		(99)
Ending balance	(1,382)		(1,175)		(1,382)		(1,175)
Total accumulated other comprehensive loss	$	(1,564)	$	(1,210)	$	(1,564)	$	(1,210)