General Motors Company (GM) financial statements (2020 and earlier)

Company profile

Business Address 300 RENAISSANCE CENTER
DETROIT, MI 48265-3000
State of Incorp.
Fiscal Year End December 31
SIC 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments26,77626,81023,82524,80123,40128,17628,993
Cash and cash equivalents20,05120,84415,51212,96015,23818,95420,021
Short-term investments6,7255,9668,31311,8418,1639,2228,972
Restricted cash and investments    1,5901,338 
Receivables6,9246,5498,1649,6388,3379,0788,535
Inventory, net of allowances, customer advances and progress billings11,7979,81610,66313,78813,76413,64214,039
Inventory11,7979,81610,66313,78813,76413,64214,039
Deferred tax assets   8,5999,76010,349
Other current assets7,0515,0214,4654,0151,4821,5841,662
Other undisclosed current assets28,01727,09721,62723,96120,83420,09217,923
Total current assets:80,56575,29368,74476,20378,00783,67081,501
Noncurrent Assets
Finance lease, right-of-use asset370
Property, plant and equipment37,96938,75836,25335,82031,22927,74325,867
Long-term investments and receivables8,4969,2159,0739,5229,2018,3508,094
Long-term investments8,4969,2159,0739,5229,2018,3508,094
Intangible assets, net (including goodwill), including:5,4085,5795,8496,2595,9476,4107,228
Goodwill 1,9001,9001,900 1,4271,560
Intangible assets, net (excluding goodwill) 3,7183,9924,3914,5764,9835,668
Other undisclosed intangible assets, net (including goodwill)5,408(39)(43)(32)1,371 
Restricted cash and investments    583935829
Deferred income tax assets23,783
Other noncurrent assets7,0385,7704,9294,0702,4382,0892,352
Deferred tax assets, net   28,44325,41422,736
Other undisclosed noncurrent assets67,90092,72487,63489,81638,67223,06617,737
Total noncurrent assets:150,964152,046143,738145,487116,51394,00784,843
TOTAL ASSETS:231,529227,339212,482221,690194,520177,677166,344
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities49,47850,34649,92556,15351,90450,71348,254
Accounts payable21,40622,29723,92926,96124,06222,52923,621
Accrued liabilities28,07228,04925,99629,19227,84228,18424,633
Deferred revenue and credits   1,6221,276
Customer advances and deposits   6,089
Other undisclosed current liabilities34,77431,89126,96529,02819,5627,27712,882
Total current liabilities:84,25282,23776,89085,18171,46665,70162,412
Noncurrent Liabilities
Liabilities, other than long-term debt28,81429,26532,13836,83439,18249,80939,982
Deferred revenue and credits   1,5561,249
Pension and other postretirement defined benefit plans, liabilities25,380
Accounts payable and accrued liabilities     4,154 
Liability, pension and other postretirement and postemployment benefits15,52416,90819,74423,75426,59630,017
Other liabilities13,29012,35712,39413,08012,58614,08213,353
Other undisclosed noncurrent liabilities69,69273,06067,25455,60043,54926,14320,776
Total noncurrent liabilities:98,506102,32599,39292,43482,73175,95260,758
Total liabilities:182,758184,562176,282177,615154,197141,653123,170
Stockholders' equity
Stockholders' equity attributable to parent, including:44,55438,86035,00143,83639,87135,45742,607
Common stock14141415151615
Additional paid in capital25,92825,56325,37126,98327,60728,93728,780
Accumulated other comprehensive loss(8,997)(9,039)(8,011)(9,330)(8,036)(8,073)(3,113)
Retained earnings27,60922,32217,62726,16820,28514,57713,816
Other undisclosed stockholders' equity attributable to parent      3,109
Stockholders' equity attributable to noncontrolling interest4,2173,9171,199239452567567
Total stockholders' equity:48,77142,77736,20044,07540,32336,02443,174
TOTAL LIABILITIES AND EQUITY:231,529227,339212,482221,690194,520177,677166,344

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues144,810147,049145,588166,380152,356155,929155,427
Revenue, net133,449156,849145,922151,092152,092
Cost of revenue (120,656)(125,997)(145,125)(134,054)(142,121)(137,373)
Cost of goods and services sold (120,656)(114,869)(136,333)(128,321)(138,082)(134,925)
Other undisclosed gross profit(120,656)      
Gross profit:24,15426,39319,59121,25518,30213,80818,054
Operating expenses(137,946)(142,604)(9,575)(11,710)(13,405)(13,983)(22,641)
Other undisclosed operating income120,656120,656   1,7059,718
Operating income:6,8644,44510,0169,5454,8971,5305,131
Nonoperating income1,8042,5962904296218231,063
Other nonoperating income 42 2411487296
Interest and debt expense (3,880)(3,141)(2,680)(1,610)(1,627)(1,261)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(655)3,2252,5662,1081,6161,426715
Income from continuing operations before equity method investments, income taxes:8,0136,3869,7319,4025,5242,1525,648
Income from equity method investments1,3482,1632,1322,2822,1942,094 
Other undisclosed income (loss) from continuing operations before income taxes(112)     1,810
Income from continuing operations before income taxes:9,2498,54911,86311,6847,7184,2467,458
Income tax expense (benefit)(321)(474)(11,533)(2,416)1,897(228)(2,127)
Income from continuing operations:8,9288,0753309,2689,6154,0185,331
Loss from discontinued operations (70)(4,212)    
Net income (loss):8,9288,005(3,882)9,2689,6154,0185,331
Net income (loss) attributable to noncontrolling interest4291815972(69)15
Net income (loss) attributable to parent:8,9708,014(3,864)9,4279,6873,9495,346
Preferred stock dividends and other adjustments(151)(98)(16)    
Other undisclosed net loss available to common stockholders, basic     (1,145)(1,576)
Net income (loss) available to common stockholders, basic:8,8197,916(3,880)9,4279,6872,8043,770
Dilutive securities, effect on basic earnings per share    (1)(18) 
Other undisclosed net income available to common stockholders, diluted      218
Net income (loss) available to common stockholders, diluted:8,8197,916(3,880)9,4279,6862,7863,988

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):8,9288,005(3,882)9,2689,6154,0185,331
Other comprehensive income (loss)(697)(936)1,317(1,353)56(4,983)4,921
Comprehensive income (loss):8,2317,069(2,565)7,9159,671(965)10,252
Comprehensive income (loss), net of tax, attributable to noncontrolling interest63152021853(46)(33)
Other undisclosed comprehensive income, net of tax, attributable to parent      66
Comprehensive income (loss), net of tax, attributable to parent:8,2947,084(2,545)8,1339,724(1,011)10,285

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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