v3.26.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Automotive  
Debt Instrument [Line Items]  
Schedule of Debt Carrying Amount and Fair Value The following table presents debt in our automotive operations:
June 30, 2026December 31, 2025
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$236 $236$164 $164
Unsecured debt(a)15,332 15,16115,468 15,434
Finance lease liabilities410 408615 614
Total automotive debt(b)$15,979 $15,804$16,247 $16,213
Fair value utilizing Level 1 inputs$14,822$15,065
Fair value utilizing Level 2 inputs$983$1,148
Available under credit facility agreements(c)$13,900$13,913
Weighted-average interest rate on outstanding short-term debt(d)4.8 %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 $434 million and $445 million at June 30, 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:
June 30, 2026December 31, 2025
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$46,416 $46,541 $46,904 $47,252 
Unsecured debt65,303 66,347 67,127 68,607 
Total GM Financial debt$111,719 $112,887 $114,031 $115,860 
Fair value utilizing Level 2 inputs$110,049 $113,180 
Fair value utilizing Level 3 inputs$2,839 $2,679