v3.22.2
Debt (Tables)
 6 Months Ended
Jun. 30, 2022
Automotive  
Debt Instrument [Line Items]  
Debt carrying amount and fair value The following table presents debt in our automotive operations:
June 30, 2022December 31, 2021
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$147 $153 $192 $212 
Unsecured debt(a)16,335 16,017 16,277 19,995 
Finance lease liabilities302 303 349 362 
Total automotive debt(b)$16,783 $16,473 $16,818 $20,569 
Fair value utilizing Level 1 inputs$15,144 $19,085 
Fair value utilizing Level 2 inputs$1,329 $1,484 
Available under credit facility agreements(c)$15,111 $15,208 
Weighted-average interest rate on outstanding short-term debt(d)14.1 %9.8 %
Weighted-average interest rate on outstanding long-term debt(d)5.7 %5.8 %
__________
(a)Primarily consists of senior notes.
(b)Includes net discount and debt issuance costs of $511 million and $512 million at June 30, 2022 and December 31, 2021.
(c)Excludes our 364-day, $2.0 billion facility allocated for exclusive use by GM Financial.
(d)Includes coupon rates on debt denominated in various foreign currencies and interest free loans.
GM Financial  
Debt Instrument [Line Items]  
Debt carrying amount and fair value The following table presents debt of GM Financial:
June 30, 2022December 31, 2021
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$38,095 $37,584 $39,338 $39,401 
Unsecured debt55,509 53,148 53,223 54,357 
Total GM Financial debt$93,603 $90,732 $92,561 $93,758 
Fair value utilizing Level 2 inputs$89,003 $92,250 
Fair value utilizing Level 3 inputs$1,729 $1,508