v3.22.1
Revenue
 3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table disaggregates our revenue by major source:
Three Months Ended March 31, 2022
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$28,572 $3,014 $5 $31,591 $— $— $— $31,591 
Used vehicles75 5 — 80 — — — 80 
Services and other809 295 48 1,152 26 — (25)1,153 
Automotive net sales and revenue29,456 3,313 53 32,823 26 — (25)32,824 
Leased vehicle income— — — — — 2,066 — 2,066 
Finance charge income— — — — — 1,010 — 1,010 
Other income— — — — — 80 (1)79 
GM Financial net sales and revenue— — — — — 3,156 (1)3,155 
Net sales and revenue$29,456 $3,313 $53 $32,823 $26 $3,156 $(26)$35,979 

Three Months Ended March 31, 2021
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ ReclassificationsTotal
Vehicle, parts and accessories$24,920 $2,801 $— $27,721 $— $— $— $27,721 
Used vehicles228 13 — 241 — — — 241 
Services and other809 272 19 1,100 30 — (25)1,105 
Automotive net sales and revenue25,957 3,086 19 29,062 30 — (25)29,067 
Leased vehicle income— — — — — 2,321 — 2,321 
Finance charge income— — — — — 1,016 — 1,016 
Other income— — — — — 70 — 70 
GM Financial net sales and revenue— — — — — 3,407 — 3,407 
Net sales and revenue$25,957 $3,086 $19 $29,062 $30 $3,407 $(25)$32,474 

Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Adjustments to sales incentives for previously recognized sales increased revenue by an insignificant amount in the three months ended March 31, 2022 and 2021.
Contract liabilities in our Automotive segments primarily consist of maintenance, extended warranty and other service contracts of $2.8 billion and $2.5 billion at March 31, 2022 and December 31, 2021, which are included in Accrued liabilities and Other liabilities. We recognized revenue of $444 million and $395 million related to contract liabilities in the three months ended March 31, 2022 and 2021. We expect to recognize revenue of $1.1 billion in the nine months ending December 31, 2022 and $577 million, $354 million and $731 million in the years ending December 31, 2023, 2024 and thereafter related to contract liabilities at March 31, 2022.