v3.26.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables summarize key financial information by segment:
At and For the Three Months Ended March 31, 2026
GMNAGMIGM FinancialTotal Reportable Segments
Net sales and revenue$36,401 $2,859 $4,276 $43,536 
Segment expenses and other items(a)(32,740)(2,735)(3,588)
Earnings (loss) before interest and taxes-adjusted$3,661 $123 $688 $4,473 
Adjustments(b)(1,077)78 — (999)
Corporate(219)
Eliminations— 
Automotive interest income173 
Automotive interest expense(158)
Net income (loss) attributable to noncontrolling interests78 
Income (loss) before income taxes$3,347 
GMNAGMIGM FinancialTotal Reportable SegmentsCorporateEliminationsTotal
Net sales and revenue$36,401 $2,859 $4,276 $43,536 $90 $(1)$43,624 
Equity in net assets of nonconsolidated affiliates$3,262 $1,224 $1,144 $5,631 $347 $— $5,978 
Goodwill and intangibles$2,347 $639 $1,349 $4,336 $— $— $4,336 
Total assets$164,049 $19,973 $136,319 $320,341 $21,355 $(60,722)$280,974 
Expenditures for property$1,427 $53 $12 $1,491 $21 $— $1,512 
Depreciation and amortization$1,541 $119 $1,341 $3,001 $$— $3,005 
Impairment charges$25 $— $— $25 $— $— $25 
Equity income (loss)(c)$136 $161 $14 $311 $(45)$— $266 
__________
(a)Segment expenses and other items for GMNA and GMI primarily include material and logistics; manufacturing; equity income (loss); selling, general, and administrative people-related costs; advertising; information technology; engineering; professional services; and policy, campaign, and warranty. GM Financial items primarily consist of GM Financial interest expense; leased vehicle depreciation; people-related costs; provision for loan losses; and gains and losses on termination of leased vehicles.
(b)Consists of charges for EV strategic realignment in GMNA and China restructuring actions in GMI.
(c)Equity earnings associated with our Automotive China JVs include impacts of our portion of restructuring charges. Equity earnings related to Ultium Cells Holdings LLC are presented in Automotive and other cost of sales as this entity has historically been integral to the operations of our business by providing battery cells for our EVs. Refer to Note 7 for additional information.
At and For the Three Months Ended March 31, 2025
GMNAGMICruiseGM FinancialTotal Reportable Segments
Net sales and revenue$37,388 $2,427 $$4,164 $43,979 
Segment expenses and other items(a)(34,101)(2,397)(274)(3,479)
Earnings (loss) before interest and taxes-adjusted$3,286 $30 $(273)$685 $3,728 
Adjustments— — — — — 
Corporate(260)
Eliminations(4)
Automotive interest income191 
Automotive interest expense(152)
Net income (loss) attributable to noncontrolling interests69 
Income (loss) before income taxes$3,572 
GMNAGMICruiseGM FinancialTotal Reportable SegmentsCorporateEliminationsTotal
Net sales and revenue$37,388 $2,427 $$4,164 $43,979 $46 $(5)$44,020 
Equity in net assets of nonconsolidated affiliates$3,970 $1,492 $— $1,226 $6,688 $190 $— $6,877 
Goodwill and intangibles$2,508 $669 $$1,342 $4,520 $— $— $4,520 
Total assets$170,812 $21,428 $251 $141,056 $333,546 $40,355 $(91,797)$282,104 
Expenditures for property$1,705 $94 $$$1,805 $11 $— $1,816 
Depreciation and amortization$1,588 $102 $$1,212 $2,907 $27 $— $2,934 
Impairment charges$— $— $— $— $— $— $— $— 
Equity income (loss)(b)$242 $49 $— $12 $303 $— $— $303 
__________
(a)Segment expenses and other items for GMNA and GMI primarily include material and logistics; manufacturing; equity income (loss); selling, general, and administrative people-related costs; advertising; information technology; engineering; professional services; and policy, campaign, and warranty. GM Financial items primarily consist of GM Financial interest expense; leased vehicle depreciation; people-related costs; provision for loan losses; and gains and losses on termination of leased vehicles. Cruise items primarily consist of ongoing costs incurred related to the wind down of Cruise robotaxi activities.
(b)Equity earnings related to Ultium Cells Holdings LLC are presented in Automotive and other cost of sales as this entity has historically been integral to the operations of our business by providing battery cells for our EVs. Refer to Note 7 for additional information.