v3.25.4
Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables summarize key financial information by segment:
At and For the Year Ended December 31, 2025
GMNAGMICruiseGM FinancialTotal Reportable Segments
Net sales and revenue$154,317 $13,427 $1 $17,060 $184,805 
Segment expenses and other items(a)(143,866)(12,690)(274)(14,258)
Earnings (loss) before interest and taxes-adjusted$10,452 $737 $(273)$2,802 $13,718 
Adjustments(b)(8,709)(918)— — (9,627)
Corporate(1,180)
Eliminations(4)
Automotive interest income854 
Automotive interest expense(727)
Net income (loss) attributable to noncontrolling interests83 
Income (loss) before income taxes$3,117 
GMNAGMICruiseGM FinancialTotal Reportable SegmentsCorporateEliminationsTotal
Net sales and revenue$154,317 $13,427 $1 $17,060 $184,805 $227 $(13)$185,019 
Equity in net assets of nonconsolidated affiliates$3,187 $1,073 $— $1,117 $5,377 $304 $— $5,681 
Goodwill and intangibles$2,371 $647 $— $1,348 $4,366 $— $— $4,366 
Total assets$162,079 $22,924 $288 $138,820 $324,110 $30,593 $(73,419)$281,284 
Expenditures for property$8,687 $457 $10 $51 $9,206 $97 $— $9,303 
Depreciation and amortization$6,489 $466 $5 $4,976 $11,936 $43 $— $11,980 
Impairment charges$2,571 $38 $— $— $2,609 $— $— $2,609 
Equity income (loss)(c)$558 $(306)$— $39 $291 $(108)$— $184 
__________
(a)Segment expenses and other items for GMNA and GMI primarily include material and logistics; manufacturing; equity income (loss); selling, general, and administrative people-related costs; advertising; information technology; engineering; professional services; and policy, campaign, and warranty. GM Financial items primarily consist of GM Financial interest expense; leased vehicle depreciation; people-related costs; provision for loan losses; and gains and losses on termination of leased vehicles. Cruise items primarily consist of ongoing costs incurred related to the wind down of Cruise robotaxi activities.
(b)Consists of charges for our EV strategic realignment, legal matters, and Cruise restructuring activities in GMNA; China restructuring actions in GMNA and GMI; and separation and exit costs in GMI.
(c)Equity loss associated with our Automotive China JVs includes impacts of our portion of restructuring charges. Equity earnings related to Ultium Cells Holdings LLC 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. Refer to Note 8 for additional information.
At and For the Year Ended December 31, 2024
GMNAGMICruiseGM FinancialTotal Reportable Segments
Net sales and revenue$157,509 $13,890 $257 $15,875 $187,532 
Segment expenses and other items(a)(142,981)(13,587)(1,958)(12,911)
Earnings (loss) before interest and taxes-adjusted
$14,528 $303 $(1,701)$2,965 $16,095 
Adjustments(b)(738)(4,262)(1,107)(320)(6,427)
Corporate(1,193)
Eliminations(33)
Automotive interest income967 
Automotive interest expense(846)
Net income (loss) attributable to noncontrolling interests(45)
Income (loss) before income taxes$8,519 
GMNAGMICruiseGM FinancialTotal Reportable SegmentsCorporateEliminationsTotal
Net sales and revenue$157,509 $13,890 $257 $15,875 $187,532 $206 $(296)$187,442 
Equity in net assets of nonconsolidated affiliates$4,447 $1,449 $— $1,206 $7,102 $— $— $7,102 
Goodwill and intangibles$1,966 $676 $570 $1,339 $4,551 $— $— $4,551 
Total assets$165,905 $21,769 $2,948 $139,156 $329,778 $38,817 $(88,835)$279,761 
Expenditures for property$10,266 $415 $7 $24 $10,711 $30 $88 $10,830 
Depreciation and amortization$5,963 $506 $25 $4,883 $11,376 $80 $— $11,456 
Impairment charges$— $— $933 $— $934 $— $— $934 
Equity income (loss)(c)$955 $(4,400)$— $(256)$(3,701)$— $— $(3,701)
__________
(a)Segment expenses and other items for Automotive segments primarily include material and logistics; manufacturing; equity income (loss); selling, general, and administrative people-related costs; advertising; information technology; engineering; professional services; and policy, campaign, and warranty. GM Financial items primarily consist of GM Financial interest expense; leased vehicle depreciation; people-related costs; provision for loan losses; and gains and losses on termination of leased vehicles. Cruise items primarily consist of people-related costs.
(b)Consists of charges related to the Buick dealerships and restructuring actions in GMNA; charges related to manufacturing operations wind down in GMI; China restructuring actions in GMI, GMNA, and GM Financial; and charges related to Cruise restructuring and Cruise realignment.
(c)Equity loss associated with our Automotive China JVs includes impacts of the other-than-temporary impairment and our portion of restructuring charges. Equity earnings related to Ultium Cells Holdings LLC 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. Refer to Note 8 for additional information.
At and For the Year Ended December 31, 2023
GMNAGMICruiseGM FinancialTotal Reportable Segments
Net sales and revenue$141,445 $15,949 $102 $14,225 $171,720 
Segment expenses and other items(a)(129,139)(14,739)(2,797)(11,239)
Earnings (loss) before interest and taxes-adjusted
$12,306 $1,210 $(2,695)$2,985 $13,806 
Adjustments(b)(1,604)217 (478)— (1,865)
Corporate(1,413)
Eliminations(35)
Automotive interest income1,109 
Automotive interest expense(911)
Net income (loss) attributable to noncontrolling interests(287)
Income (loss) before income taxes$10,403 
GMNAGMICruiseGM FinancialTotal Reportable SegmentsCorporateEliminationsTotal
Net sales and revenue$141,445 $15,949 $102 $14,225 $171,720 $273 $(151)$171,842 
Equity in net assets of nonconsolidated affiliates$2,595 $6,348 $— $1,670 $10,613 $— $— $10,613 
Goodwill and intangibles$2,083 $710 $715 $1,354 $4,862 $— $— $4,862 
Total assets$155,908 $26,225 $4,555 $130,780 $317,468 $41,271 $(85,675)$273,064 
Expenditures for property$10,147 $522 $63 $24 $10,757 $15 $198 $10,970 
Depreciation and amortization$6,146 $589 $38 $4,944 $11,717 $21 $— $11,737 
Impairment charges$— $— $209 $— $209 $— $— $209 
Equity income (loss)(c)$196 $440 $— $138 $773 $— $— $773 
__________
(a)Segment expenses and other items for Automotive segments primarily include material and logistics; manufacturing; equity income (loss); selling, general, and administrative people-related costs; advertising; information technology; engineering; professional services; and policy, campaign, and warranty. GM Financial items primarily consist of GM Financial interest expense; leased vehicle depreciation; people-related costs; provision for loan losses; and gains and losses on termination of leased vehicles. Cruise items primarily consist of people-related costs.
(b)Consists of charges related to the VSP and strategic activities related to Buick dealerships in GMNA; the gain associated with India asset sales and the partial resolution of Korean subcontractor matters in GMI; and charges related to Cruise restructuring.
(c)Equity earnings related to Ultium Cells Holdings LLC 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. Refer to Note 8 for additional information.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas The following table summarizes information concerning principal geographic areas:
At and For the Years Ended December 31,
202520242023
Net Sales and RevenueLong-Lived AssetsNet Sales and RevenueLong-Lived AssetsNet Sales and RevenueLong-Lived Assets
Automotive
U.S.$138,108 $37,231 $140,536 $35,986 $127,472 $34,142 
Non-U.S.29,863 14,327 31,070 15,811 30,186 16,054 
GM Financial
U.S.14,577 29,562 13,575 28,129 12,133 27,397 
Non-U.S.2,472 4,250 2,261 3,563 2,051 3,309 
Total consolidated$185,019 $85,369 $187,442 $83,490 $171,842 $80,903