v3.26.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2026
Automotive  
Debt Instrument [Line Items]  
Schedule of Debt Carrying Amount and Fair Value The following table presents debt in our automotive operations:
September 30, 2026December 31, 2025
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$282 $282$164 $164
Unsecured debt(a)15,120 14,46615,468 15,434
Finance lease liabilities397 387615 614
Total automotive debt(b)$15,800 $15,135$16,247 $16,213
Fair value utilizing Level 1 inputs$14,090$15,065
Fair value utilizing Level 2 inputs$1,045$1,148
Available under credit facility agreements(c)$14,021$13,913
Weighted-average interest rate on outstanding short-term debt(d)5.5 %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 $427 million and $445 million at September 30, 2026 and December 31, 2025.
(c)Excludes our 364-day, $2.0 billion facility allocated for exclusive use by GM Financial and our Inventory Banking Facility.
(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:
September 30, 2026December 31, 2025
Carrying AmountFair ValueCarrying AmountFair Value
Secured debt$49,484 $49,372 $46,904 $47,252 
Unsecured debt63,460 63,708 67,127 68,607 
Total GM Financial debt$112,944 $113,079 $114,031 $115,860 
Fair value utilizing Level 2 inputs$109,972 $113,180 
Fair value utilizing Level 3 inputs$3,108 $2,679