v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents (Note 3) $ 19,800 $ 20,945
Marketable debt securities (Note 3) 4,618 6,724
Accounts and notes receivable, net of allowance of $272 and $244 16,381 13,054
Inventories (Note 5) 15,590 14,467
Other current assets (Note 3; Note 8) 8,981 8,312
Total current assets 109,121 108,767
Non-current Assets    
Equity in net assets of nonconsolidated affiliates (Note 7) 5,978 5,681
Property, net 52,166 51,683
Goodwill and intangible assets, net 4,336 4,366
Equipment on operating leases, net (Note 6; Note 8) 33,344 33,686
Deferred income taxes 22,682 22,960
Other assets (Note 3; Note 8) 9,622 9,756
Total non-current assets 171,853 172,517
Total Assets 280,974 281,284
Current Liabilities    
Accounts payable (principally trade) 27,912 23,919
Accrued liabilities 30,514 33,754
Total current liabilities 94,720 93,342
Non-current Liabilities    
Postretirement benefits other than pensions (Note 12) 3,982 4,025
Pensions (Note 12) 4,712 4,988
Other liabilities 21,405 21,151
Total non-current liabilities 121,560 124,775
Total Liabilities 216,280 218,116
Commitments, contingencies, and uncertainties (Note 13)
Equity (Note 16)    
Common stock, $0.01 par value 9 9
Additional paid-in capital 19,541 19,928
Retained earnings 53,386 51,524
Accumulated other comprehensive loss (10,277) (10,343)
Total stockholders’ equity 62,659 61,119
Noncontrolling interests 2,036 2,049
Total Equity 64,694 63,168
Total Liabilities and Equity 280,974 281,284
Automotive    
Current Liabilities    
Short-term debt and current portion of long-term debt (Note 9) 406 656
Non-current Liabilities    
Long-term debt (Note 9) 15,522 15,591
GM Financial    
Current Assets    
GM Financial receivables, net of allowance of $1,160 and $1,168 (Note 4; Note 8) 43,751 45,266
Non-current Assets    
GM Financial receivables, net of allowance of $1,563 and $1,557 (Note 4; Note 8) 43,724 44,384
Current Liabilities    
Short-term debt and current portion of long-term debt (Note 9) 35,888 35,012
Non-current Liabilities    
Long-term debt (Note 9) $ 75,940 $ 79,018