Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill of $1.9 billion consisted of $1.3 billion in GM Financial at December 31, 2024 and 2023, and $569 million and $573 million in Cruise at December 31, 2024 and 2023. In the three months ended December 31, 2024, we performed a goodwill impairment test for Cruise and determined that the goodwill was not impaired.


	December 31, 2024						December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Technology and intellectual property	$	554	$	483	$	71	$	749	$	517	$	231
Brands	4,288		1,873		2,415		4,293		1,768		2,526
Dealer network, customer relationships and other	957		793		164		968		784		184
Total intangible assets	$	5,799	$	3,149	$	2,649	$	6,010	$	3,069	$	2,941

Our amortization expense related to intangible assets was $146 million, $114 million and $139 million in the years ended December 31, 2024, 2023 and 2022. In the year ended December 31, 2024, we recorded $142 million of impairment charges related to the write-off of technology and intellectual property associated with Cruise.

Amortization expense related to intangible assets is estimated to be approximately $141 million in each of the next five years.