v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents (Note 4) $ 20,945 $ 19,872
Marketable debt securities (Note 4) 6,724 7,265
Accounts and notes receivable, net of allowance of $244 and $313 13,054 12,827
Inventories (Note 6) 14,467 14,564
Other current assets (Note 4; Note 11) 8,312 7,655
Total current assets 108,767 108,545
Non-current Assets    
Equity in net assets of nonconsolidated affiliates (Note 8) 5,681 7,102
Property, net (Note 9) 51,683 51,904
Goodwill and intangible assets, net (Note 10) 4,366 4,551
Equipment on operating leases, net (Note 7; Note 11) 33,686 31,586
Deferred income taxes (Note 17) 22,960 21,254
Other assets (Note 4; Note 11; Note 15) 9,756 8,346
Total non-current assets 172,517 171,216
Total Assets 281,284 279,761
Current Liabilities    
Accounts payable (principally trade) 23,919 25,680
Accrued liabilities (Note 12) 33,754 31,154
Total current liabilities 93,342 96,265
Non-current Liabilities    
Postretirement benefits other than pensions (Note 15) 4,025 3,990
Pensions (Note 15) 4,988 5,779
Other liabilities (Note 12) 21,151 17,836
Total non-current liabilities 124,775 117,906
Total Liabilities 218,116 214,171
Commitments, contingencies, and uncertainties (Note 16)
Equity (Note 20)    
Common stock, $0.01 par value 9 10
Additional paid-in capital 19,928 20,843
Retained earnings 51,524 53,472
Accumulated other comprehensive loss (10,343) (11,253)
Total stockholders’ equity 61,119 63,072
Noncontrolling interests 2,049 2,518
Total Equity 63,168 65,590
Total Liabilities and Equity 281,284 279,761
Automotive    
Current Liabilities    
Short-term debt and current portion of long-term debt (Note 13) 656 2,141
Non-current Liabilities    
Long-term debt (Note 13) 15,591 13,327
GM Financial    
Current Assets    
GM Financial receivables, net of allowance of $1,168 and $991 (Note 5; Note 11) 45,266 46,362
Non-current Assets    
GM Financial receivables, net of allowance of $1,557 and $1,467 (Note 5; Note 11) 44,384 46,474
Current Liabilities    
Short-term debt and current portion of long-term debt (Note 13) 35,012 37,291
Non-current Liabilities    
Long-term debt (Note 13) $ 79,018 $ 76,973