General Motors Company (GM) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments29,03823,24326,81023,82524,80123,40128,176
Cash and cash equivalents19,99219,06920,84415,51212,96015,23818,954
Short-term investments9,0464,1745,9668,31311,8418,1639,222
Restricted cash and investments2,5813,352   1,5901,338
Receivables8,0356,7976,5498,1649,6388,3379,078
Inventory, net of allowances, customer advances and progress billings10,23510,3989,81610,66313,78813,76413,642
Inventory10,23510,3989,81610,66313,78813,76413,642
Deferred tax assets   8,5999,760
Other current assets7,4077,9535,0214,4654,0151,4821,584
Other undisclosed current assets23,62823,24927,09721,62723,96120,83420,092
Total current assets:80,92474,99275,29368,74476,20378,00783,670
Noncurrent Assets
Finance lease, right-of-use asset 327
Property, plant and equipment37,63238,75038,75836,25335,82031,22927,743
Long-term investments and receivables8,4068,5629,2159,0739,5229,2018,350
Long-term investments8,4068,5629,2159,0739,5229,2018,350
Intangible assets, net (including goodwill), including:5,2305,3375,5795,8496,2595,9476,410
Goodwill1,9001,9001,9001,9001,900 1,427
Intangible assets, net (excluding goodwill)3,3203,4783,7183,9924,3914,5764,983
Other undisclosed intangible assets, net (including goodwill)10(41)(39)(43)(32)1,371 
Restricted cash and investments544522   583935
Deferred income tax assets24,13624,640
Other noncurrent assets7,2647,3465,7704,9294,0702,4382,089
Deferred tax assets, net   28,44325,414
Other undisclosed noncurrent assets71,05867,56192,72487,63489,81638,67223,066
Total noncurrent assets:154,270153,045152,046143,738145,487116,51394,007
TOTAL ASSETS:235,194228,037227,339212,482221,690194,520177,677
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities42,99747,50550,34649,92556,15351,90450,713
Accounts payable19,92821,01822,29723,92926,96124,06222,529
Accrued liabilities23,06926,48728,04925,99629,19227,84228,184
Deferred revenue and credits   1,622
Customer advances and deposits   6,089
Other undisclosed current liabilities36,91337,40031,89126,96529,02819,5627,277
Total current liabilities:79,91084,90582,23776,89085,18171,46665,701
Noncurrent Liabilities
Liabilities, other than long-term debt32,62631,25129,26532,13836,83439,18249,809
Deferred revenue and credits   1,556
Accounts payable and accrued liabilities      4,154
Liability, pension and other postretirement and postemployment benefits19,17918,10516,90819,74423,75426,59630,017
Other liabilities13,44713,14612,35712,39413,08012,58614,082
Other undisclosed noncurrent liabilities72,98165,92473,06067,25455,60043,54926,143
Total noncurrent liabilities:105,60797,175102,32599,39292,43482,73175,952
Total liabilities:185,517182,080184,562176,282177,615154,197141,653
Stockholders' equity
Stockholders' equity attributable to parent45,03041,79238,86035,00143,83639,87135,457
Common stock14141414151516
Additional paid in capital26,54226,07425,56325,37126,98327,60728,937
Accumulated other comprehensive loss(13,488)(11,156)(9,039)(8,011)(9,330)(8,036)(8,073)
Retained earnings31,96226,86022,32217,62726,16820,28514,577
Stockholders' equity attributable to noncontrolling interest4,6474,1653,9171,199239452567
Total stockholders' equity:49,67745,95742,77736,20044,07540,32336,024
TOTAL LIABILITIES AND EQUITY:235,194228,037227,339212,482221,690194,520177,677

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues122,485137,237147,049145,588166,380152,356155,929
Revenue, net133,449156,849145,922151,092
Cost of revenue(107,965)(122,376)(120,656)(125,997)(145,125)(134,054)(142,121)
Cost of goods and services sold(97,539)(110,651)(120,656)(114,869)(136,333)(128,321)(138,082)
Gross profit:14,52014,86126,39319,59121,25518,30213,808
Operating expenses(7,886)(9,380)(142,604)(9,575)(11,710)(13,405)(13,983)
Other undisclosed operating income  120,656   1,705
Operating income:6,6345,4814,44510,0169,5454,8971,530
Nonoperating income1,8851,4692,596290429621823
Investment income, nonoperating241429335  713
Other nonoperating income (expense)73(2)42 24114872
Interest and debt expense(4,121)(4,423)(3,880)(3,141)(2,680)(1,610)(1,627)
Other undisclosed income from continuing operations before equity method investments, income taxes3,0233,6413,2252,5662,1081,6161,426
Income from continuing operations before equity method investments, income taxes:7,4216,1686,3869,7319,4025,5242,152
Income from equity method investments6741,2682,1632,1322,2822,1942,094
Income from continuing operations before income taxes:8,0957,4368,54911,86311,6847,7184,246
Income tax expense (benefit)(1,774)(769)(474)(11,533)(2,416)1,897(228)
Income from continuing operations:6,3216,6678,0753309,2689,6154,018
Loss from discontinued operations  (70)(4,212)   
Net income (loss):6,3216,6678,005(3,882)9,2689,6154,018
Net income (loss) attributable to noncontrolling interest1066591815972(69)
Net income (loss) attributable to parent:6,4276,7328,014(3,864)9,4279,6873,949
Preferred stock dividends and other adjustments(180)(151)(98)(16)   
Other undisclosed net loss available to common stockholders, basic      (1,145)
Net income (loss) available to common stockholders, basic:6,2476,5817,916(3,880)9,4279,6872,804
Dilutive securities, effect on basic earnings per share     (1)(18)
Net income (loss) available to common stockholders, diluted:6,2476,5817,916(3,880)9,4279,6862,786

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):6,3216,6678,005(3,882)9,2689,6154,018
Other comprehensive income (loss)(2,318)(2,128)(936)1,317(1,353)56(4,983)
Comprehensive income (loss):4,0034,5397,069(2,565)7,9159,671(965)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest9276152021853(46)
Comprehensive income (loss), net of tax, attributable to parent:4,0954,6157,084(2,545)8,1339,724(1,011)

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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