v3.26.1
Debt (Tables)
 3 Months Ended
Mar. 31, 2026
Automotive  
Debt Instrument [Line Items]  
Schedule of Debt Carrying Amount and Fair Value The following table presents debt in our automotive operations:
March 31, 2026December 31, 2025
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$106 $106$164 $164
Unsecured debt(a)15,390 15,05515,468 15,434
Finance lease liabilities431 431615 614
Total automotive debt(b)$15,927 $15,592$16,247 $16,213
Fair value utilizing Level 1 inputs$14,724$15,065
Fair value utilizing Level 2 inputs$868$1,148
Available under credit facility agreements(c)$13,961$13,913
Weighted-average interest rate on outstanding short-term debt(d)5.1 %12.6 %
Weighted-average interest rate on outstanding long-term debt(d)5.8 %5.8 %
__________
(a)Primarily consists of senior notes.
(b)Includes net discount and debt issuance costs of $443 million and $445 million at March 31, 2026 and December 31, 2025.
(c)Excludes our 364-day, $2.0 billion facility allocated for exclusive use by GM Financial.
(d)Includes coupon rates on debt denominated in various foreign currencies and interest free loans.
GM Financial  
Debt Instrument [Line Items]  
Schedule of Debt Carrying Amount and Fair Value The following table presents debt of GM Financial:
March 31, 2026December 31, 2025
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$46,823 $47,026 $46,904 $47,252 
Unsecured debt65,005 65,795 67,127 68,607 
Total GM Financial debt$111,827 $112,821 $114,031 $115,860 
Fair value utilizing Level 2 inputs$110,015 $113,180 
Fair value utilizing Level 3 inputs$2,806 $2,679