v3.25.2
Shareholders' Equity
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Shareholders' Equity Shareholders' Equity
June 30, 2025December 31, 2024
Common Stock
Number of shares authorized10,000,000 10,000,000 
Number of shares issued and outstanding5,050,000 5,050,000 
During the six months ended June 30, 2025 and 2024, our Board of Directors declared and paid dividends of $700 million and $900 million on our common stock to General Motors Holdings LLC.
June 30, 2025December 31, 2024
Preferred Stock
Number of shares authorized250,000,000 250,000,000 
Number of shares issued and outstanding(a)
Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock,
Series A (Series A Preferred Stock)		1,000,000 1,000,000 
Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock,
Series B (Series B Preferred Stock)		500,000 500,000 
Fixed-Rate Reset Cumulative Perpetual Preferred Stock,
Series C (Series C Preferred Stock)		500,000 500,000 
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(a)Issued at a liquidation preference of $1,000 per share.
During both the six months ended June 30, 2025 and 2024, we paid dividends of $29 million to holders of record of our Series A Preferred Stock, $16 million to holders of record of our Series B Preferred Stock, and $14 million to holders of record of our Series C Preferred Stock.
On June 20, 2025, our Board of Directors declared a dividend of $28.75 per share, $29 million in the aggregate, on our Series A Preferred Stock, a dividend of $32.50 per share, $16 million in the aggregate, on our Series B Preferred Stock, and a dividend of $28.50 per share, $14 million in the aggregate, on our Series C Preferred Stock, payable on September 30, 2025 to holders of record at September 15, 2025. Accordingly, $59 million has been set aside for payment of these dividends.
The following table summarizes the significant components of accumulated other comprehensive income (loss):
Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Unrealized gain (loss) on hedges
Beginning balance$(13)$23 $77 $(3)
Change in value of hedges, net of tax
(5)(9)(96)17 
Ending balance$(18)$14 $(18)$14 
Foreign currency translation adjustment
Beginning balance$(1,546)$(1,270)$(1,609)$(1,206)
Translation gain (loss)142 (159)205 (224)
Ending balance$(1,404)$(1,429)$(1,404)$(1,429)