v3.25.2
Segment Reporting
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
We analyze the results of our business through the following reportable segments: North America and International. Our chief operating decision-maker, the President and Chief Executive Officer, evaluates the operating results through reportable segment income before income taxes. This financial metric is used to review operating trends, perform analytical comparisons between periods and among geographic regions, and to monitor budget-to-actual variances on a monthly basis in order to assess performance and allocate resources.
Our North America Segment includes operations in the U.S. and Canada. Our International Segment includes operations in Brazil, Chile, Colombia, Mexico and Peru, as well as our equity investments in joint ventures in China. The management of each segment is responsible for executing our strategies.
Three Months Ended June 30, 2025
North AmericaInternationalTotal
Revenue from reportable segments$3,852 $391 $4,243 
Reconciliation of revenue
Other revenue(a)
12 
Total revenue
$4,255 
Costs and expenses(b)
Salaries and benefits251 38 
Leased vehicle depreciation1,215 20 
(Gain) loss on termination of leased vehicles
(191)— 
Provision for loan losses314 40 
Interest expense1,462 176 
GM Protection claim losses13 — 
Other segment items(c)
148 52 
Equity income
— 16 
Reportable segment income before income taxes
$640 $81 $720 
Reconciliation to income before income taxes
Other loss(d)
(17)
Income before income taxes
$704 
Three Months Ended June 30, 2024
North AmericaInternationalTotal
Revenue from reportable segments$3,527 $387 $3,914 
Reconciliation of revenue
Other revenue(a)
4 
Total revenue
$3,918 
Costs and expenses(b)
Salaries and benefits242 39 
Leased vehicle depreciation1,162 19 
(Gain) loss on termination of leased vehicles
(215)— 
Provision for loan losses150 24 
Interest expense1,315 170 
GM Protection claim losses7 — 
Other segment items(c)
121 58 
Equity income
— 14 
Reportable segment income before income taxes
$745 $90 $835 
Reconciliation to income before income taxes
Other loss(d)
(13)
Income before income taxes
$822 
________________
(a)Revenue from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision-maker.
(c)Other segment items for each reportable segment primarily include professional fees, supplies and equipment, occupancy costs, depreciation and amortization, and commission expense.
(d)Income/loss from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
Six Months Ended June 30, 2025
North AmericaInternationalTotal
Revenue from reportable segments$7,630 $768 $8,398 
Reconciliation of revenue
Other revenue(a)
21 
Total revenue
$8,419 
Costs and expenses(b)
Salaries and benefits523 76 
Leased vehicle depreciation2,400 38 
(Gain) loss on termination of leased vehicles
(347)— 
Provision for loan losses606 76 
Interest expense2,887 349 
GM Protection claim losses23 — 
Other segment items(c)
274 101 
Equity income
— 28 
Reportable segment income before income taxes
$1,265 $156 $1,421 
Reconciliation to income before income taxes
Other loss(d)
(32)
Income before income taxes
$1,389 
Six Months Ended June 30, 2024
North AmericaInternationalTotal
Revenue from reportable segments$6,942 $781 $7,723 
Reconciliation of revenue
Other revenue(a)
6 
Total revenue
$7,729 
Costs and expenses(b)
Salaries and benefits497 76 
Leased vehicle depreciation2,387 38 
Gain on termination of leased vehicles
(417)— 
Provision for loan losses321 57 
Interest expense2,544 337 
GM Protection claim losses12 — 
Other segment items(c)
218 114 
Equity income— 45 
Reportable segment income before income taxes$1,380 $204 $1,584 
Reconciliation to income before income taxes
Other loss(d)
(25)
Income before income taxes
$1,559 
________________
(a)Revenue from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision-maker.
(c)Other segment items for each reportable segment primarily include professional fees, supplies and equipment, occupancy costs, depreciation and amortization, and commission expense.
(d)Income/loss from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
The following table presents certain balance sheet information by segment:
June 30, 2025December 31, 2024
North AmericaInternationalTotalNorth AmericaInternationalTotal
Finance receivables, net$84,779 $7,060 $91,840 $87,084 $6,426 $93,510 
Leased vehicles, net$32,760 $436 $33,196 $31,236 $350 $31,586 
Assets from reportable segments$134,386 $10,029 $144,414 $131,643 $9,254 $140,897 
Other assets(a)
162 .134 
Total assets$144,576 .$141,030 
______________
(a)Assets from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.