| Schedule of Segment Reporting Information, by Segment |
The following tables summarize key financial information by segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| At and For the Year Ended December 31, 2019 |
| GMNA | | GMI | | Corporate | | Eliminations | | Total Automotive | | Cruise | | GM Financial | | Eliminations/Reclassifications | | Total | Net sales and revenue | $ | 106,366 |
|
| $ | 16,111 |
|
| $ | 220 |
| | |
| $ | 122,697 |
|
| $ | 100 |
|
| $ | 14,554 |
|
| $ | (114 | ) |
| $ | 137,237 |
| Earnings (loss) before interest and taxes-adjusted | $ | 8,204 |
|
| $ | (202 | ) |
| $ | (691 | ) |
| |
| $ | 7,311 |
|
| $ | (1,004 | ) |
| $ | 2,104 |
|
| $ | (18 | ) |
| $ | 8,393 |
| Adjustments(a) | $ | (1,618 | ) |
| $ | 1,081 |
|
| $ | (2 | ) |
| |
| $ | (539 | ) | | $ | — |
|
| $ | — |
|
| $ | — |
|
| (539 | ) | Automotive interest income | |
| |
| |
| |
|
|
| | | | | | |
| 429 |
| Automotive interest expense | |
| |
| |
| |
|
|
| | | | | | |
| (782 | ) | Net (loss) attributable to noncontrolling interests | | | | | | | | | | | | | | | |
| (65 | ) | Income before income taxes | | | | | | | | | | | | | | | |
| 7,436 |
| Income tax expense | | | | | | | | | | | | | | | |
| (769 | ) | Income from continuing operations | | | | | | | | | | | | | | | |
| 6,667 |
| Loss from discontinued operations, net of tax | | | | | | | | | | | | | | | |
| — |
| Net loss attributable to noncontrolling interests | | | | | | | | | | | | | | | |
| 65 |
| Net income attributable to stockholders | | | | | | | | | | | | | | | |
| $ | 6,732 |
| Equity in net assets of nonconsolidated affiliates | $ | 84 |
|
| $ | 7,023 |
|
| $ | — |
|
| $ | — |
|
| $ | 7,107 |
|
| $ | — |
|
| $ | 1,455 |
|
| $ | — |
|
| $ | 8,562 |
| Goodwill and intangibles | $ | 2,459 |
|
| $ | 888 |
|
| $ | 1 |
|
| $ | — |
|
| $ | 3,348 |
| | $ | 634 |
|
| $ | 1,355 |
|
| $ | — |
| | $ | 5,337 |
| Total assets | $ | 109,290 |
|
| $ | 24,969 |
|
| $ | 32,365 |
|
| $ | (50,244 | ) |
| $ | 116,380 |
|
| $ | 4,230 |
|
| $ | 108,881 |
|
| $ | (1,454 | ) |
| $ | 228,037 |
| Expenditures for property | $ | 6,305 |
|
| $ | 1,096 |
|
| $ | 84 |
|
| $ | — |
|
| $ | 7,485 |
|
| $ | 60 |
|
| $ | 47 |
|
| $ | — |
|
| $ | 7,592 |
| Depreciation and amortization | $ | 6,112 |
|
| $ | 533 |
|
| $ | 46 |
|
| $ | (2 | ) |
| $ | 6,689 |
|
| $ | 21 |
|
| $ | 7,350 |
|
| $ | — |
|
| $ | 14,060 |
| Impairment charges | $ | 15 |
|
| $ | 7 |
|
| $ | — |
|
| $ | — |
|
| $ | 22 |
|
| $ | 36 |
|
| $ | — |
|
| $ | — |
|
| $ | 58 |
| Equity income | $ | 8 |
|
| $ | 1,123 |
|
| $ | (29 | ) |
| $ | — |
|
| $ | 1,102 |
|
| $ | — |
|
| $ | 166 |
|
| $ | — |
|
| $ | 1,268 |
|
__________ | | (a) | Consists of restructuring and other charges related to transformation activities of $1.6 billion in GMNA and $115 million in GMI; a benefit of $1.4 billion related to the retrospective recoveries of indirect taxes in Brazil; partially offset by losses of $164 million related to the FAW-GM divestiture in GMI. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| At and For the Year Ended December 31, 2018 |
| GMNA | | GMI | | Corporate | | Eliminations | | Total Automotive | | 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 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 | | 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. |
|
| 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, | | 2019 | | 2018 | | 2017 | | Net Sales and Revenue | | Long-Lived Assets | | Net Sales and Revenue | | Long-Lived Assets | | Net Sales and Revenue | | Long-Lived Assets | Automotive | | | | | | | | | | | | U.S. | $ | 97,887 |
| | $ | 25,401 |
| | $ | 104,413 |
| | $ | 25,625 |
| | $ | 100,674 |
| | $ | 24,473 |
| Non-U.S. | 24,810 |
| | 13,190 |
| | 28,632 |
| | 13,263 |
| | 32,775 |
| | 12,715 |
| GM Financial |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| U.S. | 12,727 |
| | 39,509 |
| | 12,169 |
| | 41,334 |
| | 10,489 |
| | 40,674 |
| Non-U.S. | 1,813 |
| | 2,772 |
| | 1,835 |
| | 2,476 |
| | 1,650 |
| | 2,467 |
| Total consolidated | $ | 137,237 |
| | $ | 80,872 |
| | $ | 147,049 |
| | $ | 82,698 |
| | $ | 145,588 |
| | $ | 80,329 |
|
|