v3.2.0.727
Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net sales and revenue        
Automotive $ 36,670 $ 38,462 $ 71,034 $ 74,777
GM Financial 1,510 1,187 2,858 2,280
Total net sales and revenue 38,180 39,649 73,892 77,057
Costs and expenses        
Automotive cost of sales 32,597 35,851 63,271 69,978
GM Financial interest, operating and other expenses 1,318 926 2,486 1,801
Automotive selling, general and administrative expense 2,977 3,343 6,094 6,284
Total costs and expenses 36,892 40,120 71,851 78,063
Operating income (loss) 1,288 (471) 2,041 (1,006)
Interest income and other non-operating income, net 13 81 254 170
Equity income 524 523 1,077 1,128
Income before income taxes 1,717 33 3,154 89
Income tax expense (benefit) 577 (254) 1,106 (478)
Net income 1,140 287 2,048 567
Net (income) loss attributable to noncontrolling interests (23) (9) 14 (76)
Net income attributable to stockholders 1,117 278 2,062 491
Net income attributable to common stockholders $ 1,117 $ 190 $ 2,062 $ 315
Basic Earnings per Common Share        
Basic earnings per common share $ 0.70 $ 0.12 $ 1.28 $ 0.20
Weighted-average common shares outstanding 1,596 1,608 1,606 1,598
Diluted Earnings Per Common Share        
Diluted earnings per common share $ 0.67 $ 0.11 $ 1.23 $ 0.18
Weighted-average common shares outstanding 1,660 1,688 1,673 1,689
Dividends declared per common share $ 0.36 $ 0.30 $ 0.66 $ 0.60
Automotive [Member]        
Costs and expenses        
Automotive interest expense $ 108 $ 100 $ 218 $ 203