v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Financial Information Segment Reporting
The following tables summarize key financial information by segment:
At and For the Three Months Ended June 30, 2026
GMNAGMIGM FinancialTotal Reportable Segments
Net sales and revenue$39,912 $3,691 $4,267 $47,870 
Segment expenses and other items(a)(36,466)(3,501)(3,662)
Earnings (loss) before interest and taxes-adjusted$3,446 $190 $605 $4,241 
Adjustments(b)(2,456)— — (2,456)
Corporate(298)
Eliminations— 
Automotive interest income183 
Automotive interest expense(151)
Net income (loss) attributable to noncontrolling interests48 
Income (loss) before income taxes$1,568 
GMNAGMIGM FinancialTotal Reportable SegmentsCorporateEliminationsTotal
Net sales and revenue$39,912 $3,691 $4,267 $47,870 $159 $(3)$48,026 
Equity in net assets of nonconsolidated affiliates$3,087 $1,014 $1,178 $5,278 $385 $— $5,663 
Goodwill and intangibles$2,323 $631 $1,351 $4,305 $— $— $4,305 
Total assets$168,856 $18,922 $136,939 $324,717 $24,074 $(66,049)$282,742 
Expenditures for property$1,834 $61 $18 $1,912 $30 $— $1,942 
Depreciation and amortization$1,649 $122 $1,325 $3,096 $6 $— $3,102 
Impairment charges$1 $— $— $1 $— $— $1 
Equity income (loss)(c)$(383)$82 $13 $(288)$(37)$— $(324)
__________
(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, inclusive of a net non-cash charge of $493 million associated with compliance-related assets, and China restructuring actions in GMNA.
(c)Equity income (loss) in GMNA includes impacts of impairment charges for EV strategic realignment and Equity income (loss) associated with our Automotive China JVs includes impacts of our portion of restructuring charges. Equity income (loss) related to Ultium Cells Holdings LLC is 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 June 30, 2025
GMNAGMICruiseGM FinancialTotal Reportable Segments
Net sales and revenue$39,486 $3,326 $— $4,255 $47,067 
Segment expenses and other items(a)(37,071)(3,122)— (3,551)
Earnings (loss) before interest and taxes-adjusted$2,415 $204 $— $704 $3,323 
Adjustments(b)(395)(260)— — (655)
Corporate(294)
Eliminations— 
Automotive interest income200 
Automotive interest expense(198)
Net income (loss) attributable to noncontrolling interests(1)
Income (loss) before income taxes$2,375 
GMNAGMICruiseGM FinancialTotal Reportable SegmentsCorporateEliminationsTotal
Net sales and revenue$39,486 $3,326 $— $4,255 $47,067 $57 $(2)$47,122 
Equity in net assets of nonconsolidated affiliates$3,109 $1,511 $— $1,257 $5,877 $226 $— $6,103 
Goodwill and intangibles$2,479 $663 $1 $1,346 $4,488 $— $— $4,488 
Total assets$161,262 $23,418 $441 $142,893 $328,014 $28,335 $(66,965)$289,384 
Expenditures for property$2,014 $89 $— $6 $2,108 $28 $— $2,137 
Depreciation and amortization$1,642 $131 $— $1,243 $3,017 $9 $— $3,026 
Impairment charges$— $18 $— $— $18 $— $— $18 
Equity income (loss)(c)$12 $77 $— $16 $105 $(14)$— $91 
__________
(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 and Cruise restructuring in GMNA and restructuring actions in GMI.
(c)Equity income (loss) related to Ultium Cells Holdings LLC is 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.
For the Six Months Ended June 30, 2026
GMNAGMIGM FinancialTotal Reportable Segments
Net sales and revenue$76,312 $6,550 $8,543 $91,406 
Segment expenses and other items(a)(69,206)(6,236)(7,250)
Earnings (loss) before interest and taxes-adjusted$7,107 $314 $1,294 $8,714 
Adjustments(b)(3,533)78 — (3,455)
Corporate(517)
Eliminations— 
Automotive interest income356 
Automotive interest expense(309)
Net income (loss) attributable to noncontrolling interests126 
Income (loss) before income taxes$4,915 
GMNAGMIGM FinancialTotal Reportable SegmentsCorporateEliminationsTotal
Net sales and revenue$76,312 $6,550 $8,543 $91,406 $249 $(4)$91,650 
Expenditures for property$3,260 $113 $29 $3,403 $51 $— $3,454 
Depreciation and amortization$3,190 $241 $2,665 $6,096 $11 $— $6,107 
Impairment charges$26 $— $— $26 $— $— $26 
Equity income (loss)(c)$(247)$243 $27 $23 $(82)$— $(58)
__________
(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, inclusive of a net non-cash charge of $493 million associated with compliance-related assets, in GMNA and China restructuring actions in GMNA and GMI.
(c)Equity income (loss) in GMNA includes impacts of impairment charges for EV strategic realignment and Equity income (loss) associated with our Automotive China JVs includes impacts of our portion of restructuring charges. Equity income (loss) related to Ultium Cells Holdings LLC is 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.
For the Six Months Ended June 30, 2025
GMNAGMICruiseGM FinancialTotal Reportable Segments
Net sales and revenue$76,873 $5,753 $1 $8,419 $91,046 
Segment expenses and other items(a)(71,172)(5,519)(274)(7,030)
Earnings (loss) before interest and taxes-adjusted$5,702 $234 $(273)$1,389 $7,051 
Adjustments(b)(395)(260)— — (655)
Corporate(554)
Eliminations(4)
Automotive interest income391 
Automotive interest expense(350)
Net income (loss) attributable to noncontrolling interests68 
Income (loss) before income taxes$5,946 
GMNAGMICruiseGM FinancialTotal Reportable SegmentsCorporateEliminationsTotal
Net sales and revenue$76,873 $5,753 $1 $8,419 $91,046 $103 $(7)$91,141 
Expenditures for property$3,719 $182 $2 $10 $3,913 $39 $— $3,953 
Depreciation and amortization$3,230 $233 $5 $2,456 $5,924 $36 $— $5,959 
Impairment charges$— $18 $— $— $18 $— $— $18 
Equity income (loss)(c)$255 $125 $— $28 $408 $(14)$— $394 
__________
(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)Consists of charges for EV strategic realignment and Cruise restructuring in GMNA and restructuring actions in GMI.
(c)Equity income (loss) related to Ultium Cells Holdings LLC is 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.