| Schedule of Segment Reporting Information, by Segment |
The following tables summarize key financial information by segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| At and For the Year Ended December 31, 2018 |
| GMNA | | GMI | | Corporate | | Eliminations | | Total Automotive | | GM Cruise | | GM Financial | | Eliminations | | Total | Net sales and revenue | $ | 113,792 |
|
| $ | 19,148 |
|
| $ | 203 |
| | |
| $ | 133,143 |
|
| $ | — |
|
| $ | 14,016 |
|
| $ | (110 | ) |
| $ | 147,049 |
| Earnings (loss) before interest and taxes-adjusted | $ | 10,769 |
|
| $ | 423 |
|
| $ | (570 | ) |
|
|
|
| $ | 10,622 |
|
| $ | (728 | ) |
| $ | 1,893 |
|
| $ | (4 | ) |
| $ | 11,783 |
| Adjustments(a) | $ | (1,236 | ) |
| $ | (1,212 | ) |
| $ | (457 | ) |
|
|
|
| $ | (2,905 | ) | | $ | — |
|
| $ | — |
|
| $ | — |
|
| (2,905 | ) | Automotive interest income |
|
|
|
|
|
|
|
|
|
|
|
|
|
| | | | | | |
| 335 |
| Automotive interest expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
| | | | | | |
| (655 | ) | Net (loss) attributable to noncontrolling interests | | | | | | | | | | | | | | | |
| (9 | ) | Income before income taxes | | | | | | | | | | | | | | | |
| 8,549 |
| Income tax expense | | | | | | | | | | | | | | | |
| (474 | ) | Income from continuing operations | | | | | | | | | | | | | | | |
| 8,075 |
| Loss from discontinued operations, net of tax | | | | | | | | | | | | | | | |
| (70 | ) | Net loss attributable to noncontrolling interests | | | | | | | | | | | | | | | |
| 9 |
| Net income attributable to stockholders | | | | | | | | | | | | | | | |
| $ | 8,014 |
| Equity in net assets of nonconsolidated affiliates | $ | 75 |
|
| $ | 7,761 |
|
| $ | 24 |
|
| $ | — |
|
| $ | 7,860 |
|
| $ | — |
|
| $ | 1,355 |
|
| $ | — |
|
| $ | 9,215 |
| Goodwill and intangibles | $ | 2,623 |
|
| $ | 928 |
|
| $ | 1 |
|
| $ | — |
|
| $ | 3,552 |
| | $ | 671 |
|
| $ | 1,356 |
|
| $ | — |
|
| $ | 5,579 |
| Total assets | $ | 109,763 |
|
| $ | 24,911 |
|
| $ | 31,694 |
|
| $ | (50,690 | ) |
| $ | 115,678 |
|
| $ | 3,195 |
|
| $ | 109,953 |
|
| $ | (1,487 | ) |
| $ | 227,339 |
| Expenditures for property | $ | 7,784 |
|
| $ | 883 |
|
| $ | 21 |
|
| $ | (2 | ) |
| $ | 8,686 |
|
| $ | 15 |
|
| $ | 60 |
|
| $ | — |
|
| $ | 8,761 |
| Depreciation and amortization | $ | 4,995 |
|
| $ | 562 |
|
| $ | 50 |
|
| $ | (3 | ) |
| $ | 5,604 |
|
| $ | 7 |
|
| $ | 7,531 |
|
| $ | — |
|
| $ | 13,142 |
| Impairment charges | $ | 55 |
|
| $ | 466 |
|
| $ | 6 |
|
| $ | — |
|
| $ | 527 |
|
| $ | — |
|
| $ | — |
|
| $ | — |
|
| $ | 527 |
| Equity income | $ | 8 |
|
| $ | 1,972 |
|
| $ | — |
|
| $ | — |
|
| $ | 1,980 |
|
| $ | — |
|
| $ | 183 |
|
| $ | — |
|
| $ | 2,163 |
|
__________ | | (a) | Consists of restructuring and other charges related to transformation activities of $1.2 billion in GMNA; charges of $1.2 billion related to restructuring actions in Korea and other countries in GMI; and charges of $440 million for ignition switch related legal matters and other insignificant charges in Corporate. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| At and For the Year Ended December 31, 2017 |
| GMNA | | GMI | | Corporate | | Eliminations | | Total Automotive | | GM Cruise | | GM Financial | | Eliminations | | Total | Net sales and revenue | $ | 111,345 |
|
| $ | 21,920 |
|
| $ | 342 |
|
|
|
|
| $ | 133,607 |
|
| $ | — |
|
| $ | 12,151 |
|
| $ | (170 | ) |
| $ | 145,588 |
| Earnings (loss) before interest and taxes-adjusted | $ | 11,889 |
|
| $ | 1,300 |
|
| $ | (921 | ) |
|
|
|
| $ | 12,268 |
|
| $ | (613 | ) |
| $ | 1,196 |
|
| $ | (7 | ) |
| $ | 12,844 |
| Adjustments(a) | $ | — |
|
| $ | (540 | ) |
| $ | (114 | ) |
|
|
|
| $ | (654 | ) |
| $ | — |
|
| $ | — |
|
| $ | — |
|
| (654 | ) | Automotive interest income | | | | | | | | | | | | | | | |
| 266 |
| Automotive interest expense | | | | | | | | | | | | | | | |
| (575 | ) | Net (loss) attributable to noncontrolling interests | | | | | | | | | | | | | | | |
| (18 | ) | Income before income taxes | | | | | | | | | | | | | | | |
| 11,863 |
| Income tax expense | | | | | | | | | | | | | | | |
| (11,533 | ) | Income from continuing operations | | | | | | | | | | | | | | | |
| 330 |
| Loss from discontinued operations, net of tax | | | | | | | | | | | | | | | |
| (4,212 | ) | Net loss attributable to noncontrolling interests | | | | | | | | | | | | | | | |
| 18 |
| Net loss attributable to stockholders | | | | | | | | | | | | | | | |
| $ | (3,864 | ) | Equity in net assets of nonconsolidated affiliates | $ | 68 |
|
| $ | 7,818 |
|
| $ | — |
|
| $ | — |
|
| $ | 7,886 |
|
| $ | — |
|
| $ | 1,187 |
|
| $ | — |
|
| $ | 9,073 |
| Goodwill and intangibles | $ | 2,819 |
|
| $ | 973 |
|
| $ | 11 |
|
| $ | — |
|
| $ | 3,803 |
| | $ | 679 |
|
| $ | 1,367 |
|
| $ | — |
|
| $ | 5,849 |
| Total assets | $ | 99,874 |
|
| $ | 27,712 |
|
| $ | 30,573 |
|
| $ | (42,750 | ) |
| $ | 115,409 |
|
| $ | 666 |
|
| $ | 97,251 |
|
| $ | (844 | ) |
| $ | 212,482 |
| Expenditures for property | $ | 7,704 |
|
| $ | 607 |
|
| $ | 14 |
|
| $ | — |
|
| $ | 8,325 |
|
| $ | 34 |
|
| $ | 94 |
|
| $ | — |
|
| $ | 8,453 |
| Depreciation and amortization | $ | 4,654 |
|
| $ | 708 |
|
| $ | 32 |
|
| $ | (1 | ) |
| $ | 5,393 |
|
| $ | 1 |
|
| $ | 6,573 |
|
| $ | — |
|
| $ | 11,967 |
| Impairment charges | $ | 78 |
|
| $ | 211 |
|
| $ | 5 |
|
| $ | — |
|
| $ | 294 |
|
| $ | — |
|
| $ | — |
|
| $ | — |
|
| $ | 294 |
| Equity income | $ | 8 |
|
| $ | 1,951 |
|
| $ | — |
|
| $ | — |
|
| $ | 1,959 |
|
| $ | — |
|
| $ | 173 |
|
| $ | — |
|
| $ | 2,132 |
|
__________ | | (a) | Consists of charges of $460 million related to restructuring actions in India and South Africa in GMI; charges of $80 million associated with the deconsolidation of Venezuela in GMI and charges of $114 million for ignition switch related legal matters in Corporate. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | At and For the Year Ended December 31, 2016 | | GMNA | | GMI | | Corporate | | Eliminations | | Total Automotive | | GM Cruise | | GM Financial | | Eliminations | | Total | Net sales and revenue | $ | 119,113 |
|
| $ | 20,943 |
|
| $ | 149 |
|
|
|
|
| $ | 140,205 |
|
| $ | — |
|
| $ | 8,983 |
|
| $ | (4 | ) |
| $ | 149,184 |
| Earnings (loss) before interest and taxes-adjusted | $ | 12,388 |
|
| $ | 767 |
|
| $ | (902 | ) |
|
|
|
| $ | 12,253 |
|
| $ | (171 | ) |
| $ | 763 |
|
| $ | 3 |
|
| $ | 12,848 |
| Adjustments(a) | $ | — |
|
| $ | — |
|
| $ | (300 | ) |
|
|
|
| $ | (300 | ) |
| $ | — |
|
| $ | — |
|
| $ | — |
|
| (300 | ) | Automotive interest income | | | | | | | | | | | | | | | |
| 182 |
| Automotive interest expense | | | | | | | | | | | | | | | |
| (563 | ) | Net (loss) attributable to noncontrolling interests | | | | | | | | | | | | | | | |
| (159 | ) | Income before income taxes | | | | | | | | | | | | | | | |
| 12,008 |
| Income tax expense | | | | | | | | | | | | | | | |
| (2,739 | ) | Income from continuing operations | | | | | | | | | | | | | | | |
| 9,269 |
| Loss from discontinued operations, net of tax | | | | | | | | | | | | | | | |
| (1 | ) | Net loss attributable to noncontrolling interests | | | | | | | | | | | | | | | |
| 159 |
| Net income attributable to stockholders | | | | | | | | | | | | | | | |
| $ | 9,427 |
| Equity in net assets of nonconsolidated affiliates | $ | 74 |
|
| $ | 7,978 |
|
| $ | — |
|
| $ | — |
|
| $ | 8,052 |
|
| $ | — |
|
| $ | 944 |
|
| $ | — |
|
| $ | 8,996 |
| Goodwill and intangibles | $ | 3,128 |
|
| $ | 1,021 |
|
| $ | 14 |
|
| $ | — |
|
| $ | 4,163 |
| | $ | 620 |
|
| $ | 1,366 |
|
| $ | — |
|
| $ | 6,149 |
| Total assets(b) | $ | 103,908 |
|
| $ | 27,273 |
|
| $ | 38,465 |
|
| $ | (35,139 | ) |
| $ | 134,507 |
|
| $ | 548 |
|
| $ | 87,947 |
|
| $ | (1,312 | ) |
| $ | 221,690 |
| Expenditures for property | $ | 7,338 |
|
| $ | 943 |
|
| $ | 8 |
|
| $ | (2 | ) |
| $ | 8,287 |
|
| $ | 4 |
|
| $ | 93 |
|
| $ | — |
|
| $ | 8,384 |
| Depreciation and amortization | $ | 4,292 |
|
| $ | 702 |
|
| $ | 18 |
|
| $ | (5 | ) |
| $ | 5,007 |
|
| $ | 1 |
|
| $ | 4,678 |
|
| $ | — |
|
| $ | 9,686 |
| Impairment charges | $ | 65 |
|
| $ | 68 |
|
| $ | — |
|
| $ | — |
|
| $ | 133 |
|
| $ | — |
|
| $ | — |
|
| $ | — |
|
| $ | 133 |
| Equity income | $ | 159 |
|
| $ | 1,971 |
|
| $ | — |
|
| $ | — |
|
| $ | 2,130 |
|
| $ | — |
|
| $ | 152 |
|
| $ | — |
|
| $ | 2,282 |
|
__________ | | (a) | Consists of a net charge of $300 million for ignition switch related legal matters. |
| | (b) | Assets in Corporate and GM Financial include assets classified as held for sale. |
|
| Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas |
The following table summarizes information concerning principal geographic areas: | | | | | | | | | | | | | | | | | | | | | | | | | | At and For the Years Ended December 31, | | 2018 | | 2017 | | 2016 | | Net Sales and Revenue | | Long-Lived Assets | | Net Sales and Revenue | | Long-Lived Assets | | Net Sales and Revenue | | Long-Lived Assets | Automotive | | | | | | | | | | | | U.S. | $ | 104,413 |
| | $ | 25,625 |
| | $ | 100,674 |
| | $ | 24,473 |
| | $ | 110,661 |
| | $ | 22,241 |
| Non-U.S. | 28,632 |
| | 13,263 |
| | 32,775 |
| | 12,715 |
| | 29,544 |
| | 11,258 |
| GM Financial | | | | | | | | | | | | U.S. | 12,169 |
| | 41,334 |
| | 10,489 |
| | 40,674 |
| | 7,462 |
| | 32,506 |
| Non-U.S. | 1,835 |
| | 2,476 |
| | 1,650 |
| | 2,467 |
| | 1,517 |
| | 2,050 |
| Total consolidated | $ | 147,049 |
| | $ | 82,698 |
| | $ | 145,588 |
| | $ | 80,329 |
| | $ | 149,184 |
| | $ | 68,055 |
|
|