| Revenue |
Revenue The following table disaggregates our revenue by major source:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2022 | | GMNA | | GMI | | Corporate | | Total Automotive | | Cruise | | GM Financial | | Eliminations/Reclassifications | | Total | | Vehicle, parts and accessories | $ | 27,826 | | | $ | 3,466 | | | $ | 22 | | | $ | 31,314 | | | $ | — | | | $ | — | | | $ | — | | | $ | 31,314 | | | Used vehicles | 137 | | | 6 | | | — | | | 143 | | | — | | | — | | | — | | | 143 | | | Services and other | 797 | | | 336 | | | 25 | | | 1,158 | | | 25 | | | — | | | (25) | | | 1,158 | | | Automotive net sales and revenue | 28,760 | | | 3,807 | | | 47 | | | 32,614 | | | 25 | | | — | | | (25) | | | 32,614 | | | Leased vehicle income | — | | | — | | | — | | | — | | | — | | | 1,989 | | | — | | | 1,989 | | | Finance charge income | — | | | — | | | — | | | — | | | — | | | 1,062 | | | — | | | 1,062 | | | Other income | — | | | — | | | — | | | — | | | — | | | 95 | | | (1) | | | 94 | | | GM Financial net sales and revenue | — | | | — | | | — | | | — | | | — | | | 3,146 | | | (1) | | | 3,145 | | | Net sales and revenue | $ | 28,760 | | | $ | 3,807 | | | $ | 47 | | | $ | 32,614 | | | $ | 25 | | | $ | 3,146 | | | $ | (26) | | | $ | 35,759 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2021 | | GMNA | | GMI | | Corporate | | Total Automotive | | Cruise | | GM Financial | | Eliminations/ Reclassifications | | Total | | Vehicle, parts and accessories | $ | 26,993 | | | $ | 2,475 | | | $ | 2 | | | $ | 29,470 | | | $ | — | | | $ | — | | | $ | — | | | $ | 29,470 | | | Used vehicles | 137 | | | 13 | | | — | | | 150 | | | — | | | — | | | — | | | 150 | | | Services and other | 802 | | | 304 | | | 19 | | | 1,125 | | | 25 | | | — | | | (26) | | | 1,124 | | | Automotive net sales and revenue | 27,932 | | | 2,792 | | | 21 | | | 30,745 | | | 25 | | | — | | | (26) | | | 30,744 | | | Leased vehicle income | — | | | — | | | — | | | — | | | — | | | 2,304 | | | — | | | 2,304 | | | Finance charge income | — | | | — | | | — | | | — | | | — | | | 1,036 | | | — | | | 1,036 | | | Other income | — | | | — | | | — | | | — | | | — | | | 86 | | | (3) | | | 83 | | | GM Financial net sales and revenue | — | | | — | | | — | | | — | | | — | | | 3,426 | | | (3) | | | 3,423 | | | Net sales and revenue | $ | 27,932 | | | $ | 2,792 | | | $ | 21 | | | $ | 30,745 | | | $ | 25 | | | $ | 3,426 | | | $ | (29) | | | $ | 34,167 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2022 | | GMNA | | GMI | | Corporate | | Total Automotive | | Cruise | | GM Financial | | Eliminations/Reclassifications | | Total | | Vehicle, parts and accessories | $ | 56,398 | | | $ | 6,479 | | | $ | 27 | | | $ | 62,904 | | | $ | — | | | $ | — | | | $ | — | | | $ | 62,904 | | | Used vehicles | 212 | | | 11 | | | — | | | 223 | | | — | | | — | | | — | | | 223 | | | Services and other | 1,606 | | | 630 | | | 73 | | | 2,309 | | | 51 | | | — | | | (50) | | | 2,310 | | | Automotive net sales and revenue | 58,216 | | | 7,120 | | | 100 | | | 65,437 | | | 51 | | | — | | | (50) | | | 65,437 | | | Leased vehicle income | — | | | — | | | — | | | — | | | — | | | 4,056 | | | — | | | 4,056 | | | Finance charge income | — | | | — | | | — | | | — | | | — | | | 2,072 | | | — | | | 2,072 | | | Other income | — | | | — | | | — | | | — | | | — | | | 175 | | | (2) | | | 173 | | | GM Financial net sales and revenue | — | | | — | | | — | | | — | | | — | | | 6,302 | | | (2) | | | 6,301 | | | Net sales and revenue | $ | 58,216 | | | $ | 7,120 | | | $ | 100 | | | $ | 65,437 | | | $ | 51 | | | $ | 6,302 | | | $ | (52) | | | $ | 71,738 | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2021 | | GMNA | | GMI | | Corporate | | Total Automotive | | Cruise | | GM Financial | | Eliminations/ Reclassifications | | Total | | Vehicle, parts and accessories | $ | 51,913 | | | $ | 5,276 | | | $ | 2 | | | $ | 57,191 | | | $ | — | | | $ | — | | | $ | — | | | $ | 57,191 | | | Used vehicles | 365 | | | 26 | | | — | | | 391 | | | — | | | — | | | — | | | 391 | | | Services and other | 1,611 | | | 576 | | | 38 | | | 2,225 | | | 55 | | | — | | | (51) | | | 2,229 | | | Automotive net sales and revenue | 53,889 | | | 5,878 | | | 40 | | | 59,807 | | | 55 | | | — | | | (51) | | | 59,811 | | | Leased vehicle income | — | | | — | | | — | | | — | | | — | | | 4,625 | | | — | | | 4,625 | | | Finance charge income | — | | | — | | | — | | | — | | | — | | | 2,052 | | | — | | | 2,052 | | | Other income | — | | | — | | | — | | | — | | | — | | | 156 | | | (3) | | | 153 | | | GM Financial net sales and revenue | — | | | — | | | — | | | — | | | — | | | 6,833 | | | (3) | | | 6,830 | | | Net sales and revenue | $ | 53,889 | | | $ | 5,878 | | | $ | 40 | | | $ | 59,807 | | | $ | 55 | | | $ | 6,833 | | | $ | (54) | | | $ | 66,641 | |
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 $320 million and $350 million in the three months ended June 30, 2022 and 2021. Contract liabilities in our Automotive segments primarily consist of maintenance, extended warranty and other service contracts of $2.9 billion and $2.5 billion at June 30, 2022 and December 31, 2021, which are included in Accrued liabilities and Other liabilities. We recognized revenue of $307 million and $726 million related to contract liabilities in the three and six months ended June 30, 2022 and $294 million and $689 million in the three and six months ended June 30, 2021. We expect to recognize revenue of $901 million in the six months ending December 31, 2022 and $752 million, $428 million and $827 million in the years ending December 31, 2023, 2024 and thereafter related to contract liabilities at June 30, 2022.
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