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Revenue
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table disaggregates our revenue by major source:
Three Months Ended June 30, 2024
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$39,416 $3,091 $8 $42,515 $— $— $— $42,515 
Used vehicles331 7 — 338 — — — 338 
Services and other979 200 29 1,208 25 — (25)1,208 
Automotive net sales and revenue40,725 3,298 37 44,060 25 — (25)44,060 
Leased vehicle income— — — — — 1,803 — 1,803 
Finance charge income— — — — — 1,876 (8)1,868 
Other income— — — — — 239 (2)237 
GM Financial net sales and revenue— — — — — 3,918 (10)3,908 
Net sales and revenue$40,725 $3,298 $37 $44,060 $25 $3,918 $(35)$47,969 

Three Months Ended June 30, 2023
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$36,099 $3,621 $41 $39,761 $— $— $— $39,761 
Used vehicles256 6 — 262 — — — 262 
Services and other865 328 39 1,231 26 — (26)1,231 
Automotive net sales and revenue37,220 3,955 79 41,254 26 — (26)41,254 
Leased vehicle income— — — — — 1,820 — 1,820 
Finance charge income— — — — — 1,490 (4)1,486 
Other income— — — — — 187 (1)186 
GM Financial net sales and revenue— — — — — 3,498 (5)3,493 
Net sales and revenue$37,220 $3,955 $79 $41,254 $26 $3,498 $(31)$44,746 

Six Months Ended June 30, 2024
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$74,313 $5,851 $13 $80,177 $— $— $— $80,177 
Used vehicles559 12 — 571 — — — 571 
Services and other1,951 516 56 2,523 51 — (50)2,524 
Automotive net sales and revenue76,824 6,380 68 83,272 51 — (50)83,273 
Leased vehicle income— — — — — 3,603 — 3,603 
Finance charge income— — — — — 3,662 (16)3,646 
Other income— — — — — 465 (3)462 
GM Financial net sales and revenue— — — — — 7,730 (19)7,710 
Net sales and revenue$76,824 $6,380 $68 $83,272 $51 $7,730 $(69)$90,983 
Six Months Ended June 30, 2023
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$67,975 $6,963 $50 $74,988 $— $— $— $74,988 
Used vehicles431 11 — 442 — — — 442 
Services and other1,702 708 60 2,470 51 — (51)2,470 
Automotive net sales and revenue70,108 7,682 110 77,900 51 — (51)77,900 
Leased vehicle income— — — — — 3,638 — 3,638 
Finance charge income— — — — — 2,859 (6)2,852 
Other income— — — — — 344 (3)341 
GM Financial net sales and revenue— — — — — 6,841 (9)6,832 
Net sales and revenue$70,108 $7,682 $110 $77,900 $51 $6,841 $(60)$84,732 

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 $310 million and an insignificant amount in the three months ended June 30, 2024 and 2023.
Contract liabilities in our Automotive segments primarily consist of vehicle connectivity, customer rewards programs, maintenance, extended warranty and other contracts of $5.8 billion and $5.0 billion at June 30, 2024 and December 31, 2023, which are included in Accrued liabilities and Other liabilities. We recognized revenue of $455 million and $945 million related to contract liabilities in the three and six months ended June 30, 2024 and $410 million and $818 million in the three and six months ended June 30, 2023. We expect to recognize revenue of $1.1 billion in the six months ending December 31, 2024 and $1.7 billion, $1.3 billion and $1.7 billion in the years ending December 31, 2025, 2026 and thereafter related to contract liabilities at June 30, 2024.