v3.22.4
Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net sales and revenue      
Automotive $ 143,975 $ 113,590 $ 108,673
GM Financial 12,760 13,414 13,812
Total net sales and revenue (Note 3) 156,735 127,004 122,485
Costs and expenses      
Total costs and expenses 146,421 117,680 115,851
Operating income (loss) 10,315 9,324 6,634
Interest income and other non-operating income, net (Note 19) 1,432 3,041 1,885
Equity income (loss) (Note 8) 837 1,301 674
Income (loss) before income taxes 11,597 12,716 8,095
Income tax expense (benefit) (Note 17) 1,888 2,771 1,774
Net income (loss) 9,708 9,945 6,321
Net loss (income) attributable to noncontrolling interests 226 74 106
Net income (loss) attributable to stockholders 9,934 10,019 6,427
Net income (loss) attributable to common stockholders $ 8,915 $ 9,837 $ 6,247
Earnings per share (Note 21)      
Basic earnings per common share (in dollars per share) $ 6.17 $ 6.78 $ 4.36
Weighted-average common shares outstanding – basic (in shares) 1,445 1,451 1,433
Diluted earnings per common share (in dollars per share) $ 6.13 $ 6.70 $ 4.33
Weighted-average common shares outstanding – diluted (in shares) 1,454 1,468 1,442
Automotive      
Net sales and revenue      
Automotive $ 143,975 $ 113,590 $ 108,673
Costs and expenses      
Automotive and other cost of sales 126,892 100,544 97,539
Automotive and other selling, general and administrative expense 10,667 8,554 7,038
Total interest expense 987 950 1,098
GM Financial      
Net sales and revenue      
GM Financial 12,760 13,414 13,812
Costs and expenses      
GM Financial interest, operating and other expenses $ 8,862 $ 8,582 $ 11,274