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10-Q Filing

General Motors Co CIK: 1467858 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001467858-20-000069
Period End Date 20200331
Filing Date 20200506
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance gm2020q1_htm.xml
Balance Sheet 69 line items
Line Item Tag Value Unit Period
Common stock par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $38.51B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $19.07B USD Point-in-time
Marketable debt securities (Note 4) AvailableForSaleSecuritiesDebtSecuritiesCurrent $4.17B USD Point-in-time
Marketable debt securities (Note 4) AvailableForSaleSecuritiesDebtSecuritiesCurrent $7.62B USD Point-in-time
Accounts and notes receivable, net AccountsNotesAndLoansReceivableNetCurrent $7.54B USD Point-in-time
Accounts and notes receivable, net AccountsNotesAndLoansReceivableNetCurrent $6.80B USD Point-in-time
Inventories (Note 6) InventoryNet $10.80B USD Point-in-time
Inventories (Note 6) InventoryNet $10.40B USD Point-in-time
Other current assets (Note 4; Note 10 at VIEs) OtherAssetsCurrent $7.95B USD Point-in-time
Other current assets (Note 4; Note 10 at VIEs) OtherAssetsCurrent $6.92B USD Point-in-time
Total current assets AssetsCurrent $74.99B USD Point-in-time
Total current assets AssetsCurrent $97.70B USD Point-in-time
Equity in net assets of nonconsolidated affiliates (Note 8) EquityMethodInvestments $7.52B USD Point-in-time
Equity in net assets of nonconsolidated affiliates (Note 8) EquityMethodInvestments $8.27B USD Point-in-time
Equity in net assets of nonconsolidated affiliates (Note 8) EquityMethodInvestments $8.56B USD Point-in-time
Property, net PropertyPlantAndEquipmentNet $38.75B USD Point-in-time
Property, net PropertyPlantAndEquipmentNet $37.97B USD Point-in-time
Goodwill and intangible assets, net IntangibleAssetsNetIncludingGoodwill $5.22B USD Point-in-time
Goodwill and intangible assets, net IntangibleAssetsNetIncludingGoodwill $5.52B USD Point-in-time
Goodwill and intangible assets, net IntangibleAssetsNetIncludingGoodwill $5.34B USD Point-in-time
Operating Lease, Right-of-use Asset, Noncurrent OperatingLeaseRightofuseAssetNoncurrent $41.30B USD Point-in-time
Operating Lease, Right-of-use Asset, Noncurrent OperatingLeaseRightofuseAssetNoncurrent $42.05B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $24.44B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $24.64B USD Point-in-time
Other assets (Note 4; Note 10 at VIEs) OtherAssetsNoncurrent $6.53B USD Point-in-time
Other assets (Note 4; Note 10 at VIEs) OtherAssetsNoncurrent $7.35B USD Point-in-time
Total non-current assets AssetsNoncurrent $153.04B USD Point-in-time
Total non-current assets AssetsNoncurrent $148.93B USD Point-in-time
Total Assets Assets $228.04B USD Point-in-time
Total Assets Assets $233.13B USD Point-in-time
Total Assets Assets $246.62B USD Point-in-time
Accounts payable (principally trade) AccountsPayableCurrent $20.03B USD Point-in-time
Accounts payable (principally trade) AccountsPayableCurrent $21.02B USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $26.49B USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $26.20B USD Point-in-time
Total current liabilities LiabilitiesCurrent $91.29B USD Point-in-time
Total current liabilities LiabilitiesCurrent $84.91B USD Point-in-time
Postretirement benefits other than pensions (Note 14) OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $5.93B USD Point-in-time
Postretirement benefits other than pensions (Note 14) OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $5.77B USD Point-in-time
Pensions (Note 14) DefinedBenefitPensionPlanLiabilitiesNoncurrent $11.51B USD Point-in-time
Pensions (Note 14) DefinedBenefitPensionPlanLiabilitiesNoncurrent $12.17B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $12.30B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $13.15B USD Point-in-time
Total non-current liabilities LiabilitiesNoncurrent $97.17B USD Point-in-time
Total non-current liabilities LiabilitiesNoncurrent $111.02B USD Point-in-time
Total Liabilities Liabilities $182.08B USD Point-in-time
Total Liabilities Liabilities $202.31B USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Common stock, $0.01 par value CommonStockValue $14.00M USD Point-in-time
Common stock, $0.01 par value CommonStockValue $14.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $26.07B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $26.01B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $26.86B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $25.89B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-11.80B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-11.16B USD Point-in-time
Total stockholders equity StockholdersEquity $40.11B USD Point-in-time
Total stockholders equity StockholdersEquity $41.79B USD Point-in-time
Noncontrolling interests MinorityInterest $4.20B USD Point-in-time
Noncontrolling interests MinorityInterest $4.17B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $44.32B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $42.78B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $44.64B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $45.96B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $228.04B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $246.62B USD Point-in-time
Income Statement 34 line items
Line Item Tag Value Unit Period
Automotive RevenueFromContractWithCustomerExcludingAssessedTax $29.15B USD 1 Quarter
Automotive RevenueFromContractWithCustomerExcludingAssessedTax $31.26B USD 1 Quarter
Total net sales and revenue (Note 3) Revenues $34.88B USD 1 Quarter
Total net sales and revenue (Note 3) Revenues $32.71B USD 1 Quarter
Total costs and expenses OperatingExpenses $33.63B USD 1 Quarter
Total costs and expenses OperatingExpenses $32.05B USD 1 Quarter
Operating income OperatingIncomeLoss $657.00M USD 1 Quarter
Operating income OperatingIncomeLoss $1.24B USD 1 Quarter
Interest income and other non-operating income, net NonoperatingIncomeExpense $311.00M USD 1 Quarter
Interest income and other non-operating income, net NonoperatingIncomeExpense $805.00M USD 1 Quarter
Equity income (loss) (Note 8) IncomeLossFromEquityMethodInvestments $-132.00M USD 1 Quarter
Equity income (loss) (Note 8) IncomeLossFromEquityMethodInvestments $414.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $643.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.28B USD 1 Quarter
Income tax expense (Note 16) IncomeTaxExpenseBenefit $357.00M USD 1 Quarter
Income tax expense (Note 16) IncomeTaxExpenseBenefit $137.00M USD 1 Quarter
Net income ProfitLoss $2.15B USD 1 Quarter
Net income ProfitLoss $286.00M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-12.00M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-8.00M USD 1 Quarter
Net income attributable to stockholders NetIncomeLoss $294.00M USD 1 Quarter
Net income attributable to stockholders NetIncomeLoss $2.16B USD 1 Quarter
Net income attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $247.00M USD 1 Quarter
Net income attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $2.12B USD 1 Quarter
Basic earnings per common share (in dollars per share) EarningsPerShareBasic $1.50 USD 1 Quarter
Basic earnings per common share (in dollars per share) EarningsPerShareBasic $0.17 USD 1 Quarter
Weighted-average common shares outstanding - basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.43B shares 1 Quarter
Weighted-average common shares outstanding - basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.42B shares 1 Quarter
Diluted earnings per common share (in dollars per share) EarningsPerShareDiluted $0.17 USD 1 Quarter
Diluted earnings per common share (in dollars per share) EarningsPerShareDiluted $1.48 USD 1 Quarter
Weighted-average common shares outstanding - diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.44B shares 1 Quarter
Weighted-average common shares outstanding - diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.44B shares 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.38 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.38 USD 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $2.15B USD 1 Quarter
Net income ProfitLoss $286.00M USD 1 Quarter
Depreciation and impairment of Equipment on operating leases, net DepreciationandImpairmentofEquipmentonOperatingLeasesNet $1.90B USD 1 Quarter
Depreciation and impairment of Equipment on operating leases, net DepreciationandImpairmentofEquipmentonOperatingLeasesNet $1.81B USD 1 Quarter
Depreciation, amortization and impairment charges on Property, net DepreciationamortizationandimpairmentchargesonProperty $1.50B USD 1 Quarter
Depreciation, amortization and impairment charges on Property, net DepreciationamortizationandimpairmentchargesonProperty $2.22B USD 1 Quarter
Foreign currency remeasurement and transaction (gains) losses ForeignCurrencyRemeasurementandTransactionGainsLosses $-80.00M USD 1 Quarter
Foreign currency remeasurement and transaction (gains) losses ForeignCurrencyRemeasurementandTransactionGainsLosses $116.00M USD 1 Quarter
Undistributed earnings of nonconsolidated affiliates, net IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-132.00M USD 1 Quarter
Undistributed earnings of nonconsolidated affiliates, net IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $413.00M USD 1 Quarter
Pension contributions and OPEB payments PensionAndOtherPostretirementBenefitContributions $291.00M USD 1 Quarter
Pension contributions and OPEB payments PensionAndOtherPostretirementBenefitContributions $213.00M USD 1 Quarter
Pension and OPEB income, net PensionAndOtherPostretirementBenefitExpense $-263.00M USD 1 Quarter
Pension and OPEB income, net PensionAndOtherPostretirementBenefitExpense $-149.00M USD 1 Quarter
Provision (benefit) for deferred taxes DeferredIncomeTaxExpenseBenefit $188.00M USD 1 Quarter
Provision (benefit) for deferred taxes DeferredIncomeTaxExpenseBenefit $-253.00M USD 1 Quarter
Change in other operating assets and liabilities OtherOperatingActivitiesCashFlowStatement $-1.76B USD 1 Quarter
Change in other operating assets and liabilities OtherOperatingActivitiesCashFlowStatement $-5.32B USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-81.00M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $1.56B USD 1 Quarter
Expenditures for property PaymentsToAcquirePropertyPlantAndEquipment $1.22B USD 1 Quarter
Expenditures for property PaymentsToAcquirePropertyPlantAndEquipment $2.01B USD 1 Quarter
Available-for-sale marketable securities, acquisitions PaymentsToAcquireMarketableSecurities $677.00M USD 1 Quarter
Available-for-sale marketable securities, acquisitions PaymentsToAcquireMarketableSecurities $4.09B USD 1 Quarter
Available-for-sale marketable securities, liquidations ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $1.11B USD 1 Quarter
Available-for-sale marketable securities, liquidations ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $678.00M USD 1 Quarter
Purchases of finance receivables, net PaymentsToAcquireFinanceReceivables $7.21B USD 1 Quarter
Purchases of finance receivables, net PaymentsToAcquireFinanceReceivables $6.37B USD 1 Quarter
Principal collections and recoveries on finance receivables ProceedsFromCollectionOfFinanceReceivables $4.74B USD 1 Quarter
Principal collections and recoveries on finance receivables ProceedsFromCollectionOfFinanceReceivables $6.21B USD 1 Quarter
Purchases of leased vehicles, net PaymentsToAcquireLeasesHeldForInvestment $3.75B USD 1 Quarter
Purchases of leased vehicles, net PaymentsToAcquireLeasesHeldForInvestment $3.73B USD 1 Quarter
Proceeds from termination of leased vehicles ProceedsFromLeasesHeldForInvestment $3.09B USD 1 Quarter
Proceeds from termination of leased vehicles ProceedsFromLeasesHeldForInvestment $3.06B USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $88.00M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $2.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-6.57B USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-3.71B USD 1 Quarter
Net increase in short-term debt ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $959.00M USD 1 Quarter
Net increase in short-term debt ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $13.00M USD 1 Quarter
Proceeds from issuance of debt (original maturities greater than three months) ProceedsFromDebtMaturingInMoreThanThreeMonths $35.86B USD 1 Quarter
Proceeds from issuance of debt (original maturities greater than three months) ProceedsFromDebtMaturingInMoreThanThreeMonths $11.76B USD 1 Quarter
Payments on debt (original maturities greater than three months) RepaymentsOfDebtMaturingInMoreThanThreeMonths $11.34B USD 1 Quarter
Payments on debt (original maturities greater than three months) RepaymentsOfDebtMaturingInMoreThanThreeMonths $10.78B USD 1 Quarter
Dividends paid PaymentsOfDividends $626.00M USD 1 Quarter
Dividends paid PaymentsOfDividends $590.00M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-236.00M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-267.00M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.08B USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $23.68B USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-448.00M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $18.22B USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-2.71B USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $41.17B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.78B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $22.94B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $23.50B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $41.17B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.78B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $22.94B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $23.50B USD Point-in-time
Non-cash property additions CapitalExpendituresIncurredButNotYetPaid $1.78B USD 1 Quarter
Non-cash property additions CapitalExpendituresIncurredButNotYetPaid $1.26B USD 1 Quarter
Stockholders Equity 22 line items
Line Item Tag Value Unit Period
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $44.32B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $42.78B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $44.64B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $45.96B USD Point-in-time
Adoption of accounting standards (Note 1) NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification $-660.00M USD 1 Quarter
Net income ProfitLoss $2.15B USD 1 Quarter
Net income ProfitLoss $286.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-656.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $185.00M USD 1 Quarter
Purchase of common stock StockRepurchasedDuringPeriodValue $90.00M USD 1 Quarter
Stock based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $-10.00M USD 1 Quarter
Stock based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $89.00M USD 1 Quarter
Cash dividends paid on common stock DividendsCommonStockCash $545.00M USD 1 Quarter
Cash dividends paid on common stock DividendsCommonStockCash $539.00M USD 1 Quarter
Dividends to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $18.00M USD 1 Quarter
Dividends to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.00M USD 1 Quarter
Other StockholdersEquityOther $1.00M USD 1 Quarter
Other StockholdersEquityOther $-13.00M USD 1 Quarter
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $44.32B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $42.78B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $44.64B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $45.96B USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $2.15B USD 1 Quarter
Net income ProfitLoss $286.00M USD 1 Quarter
Foreign currency translation adjustments and other OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $149.00M USD 1 Quarter
Foreign currency translation adjustments and other OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-973.00M USD 1 Quarter
Defined benefit plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-36.00M USD 1 Quarter
Defined benefit plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-317.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-656.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $185.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.33B USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-370.00M USD 1 Quarter
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-17.00M USD 1 Quarter
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-20.00M USD 1 Quarter
Comprehensive income (loss) attributable to stockholders ComprehensiveIncomeNetOfTax $2.35B USD 1 Quarter
Comprehensive income (loss) attributable to stockholders ComprehensiveIncomeNetOfTax $-350.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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