v3.24.3
Equity in Net Assets of Nonconsolidated Affiliates (Tables)
 9 Months Ended
Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Income
Three Months EndedNine Months Ended
September 30, 2024September 30, 2023September 30, 2024September 30, 2023
Automotive China joint ventures equity income (loss)$(137)$192 $(347)$353 
Ultium Cells Holdings LLC equity income (loss)(a)309 101 788 191 
Other joint ventures equity income (loss)15 35 36 4 
Total Equity income (loss)$187 $328 $477 $548 
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(a)Equity earnings related to Ultium Cells Holdings LLC, an equally owned joint venture with LG Energy Solution (LGES), are presented in Automotive and other cost of sales as this entity is integral to the operations of our business by providing battery cells for our EVs.
Schedule of Financial Data for Nonconsolidated Affiliates
Three Months EndedNine Months Ended
September 30, 2024September 30, 2023September 30, 2024September 30, 2023
Summarized Operating Data of Automotive China JVs
Automotive China JVs' net sales$4,480 $7,858 $13,268 $21,817 
Automotive China JVs' net income (loss)$(282)$485 $(724)$904