General Motors Company (GM) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments28,67629,03823,24326,81023,82524,80123,401
Cash and cash equivalents20,06719,99219,06920,84415,51212,96015,238
Short-term investments8,6099,0464,1745,9668,31311,8418,163
Restricted cash and investments2,9352,5813,352   1,590
Receivables7,3948,0356,7976,5498,1649,6388,337
Inventory, net of allowances, customer advances and progress billings12,98810,23510,3989,81610,66313,78813,764
Inventory12,98810,23510,3989,81610,66313,78813,764
Deferred tax assets   8,599
Other current assets6,3967,4077,9535,0214,4654,0151,482
Other undisclosed current assets23,71423,62823,24927,09721,62723,96120,834
Total current assets:82,10380,92474,99275,29368,74476,20378,007
Noncurrent Assets
Finance lease, right-of-use asset  327
Property, plant and equipment41,11537,63238,75038,75836,25335,82031,229
Long-term investments and receivables9,6778,4068,5629,2159,0739,5229,201
Long-term investments9,6778,4068,5629,2159,0739,5229,201
Intangible assets, net (including goodwill), including:5,0875,2305,3375,5795,8496,2595,947
Goodwill1,9001,9001,9001,9001,9001,900 
Intangible assets, net (excluding goodwill)3,1733,3203,4783,7183,9924,3914,576
Other undisclosed intangible assets, net (including goodwill)1410(41)(39)(43)(32)1,371
Restricted cash and investments540544522   583
Deferred income tax assets21,15224,13624,640
Other noncurrent assets11,4887,2647,3465,7704,9294,0702,438
Deferred tax assets, net   28,443
Other undisclosed noncurrent assets73,55671,05867,56192,72487,63489,81638,672
Total noncurrent assets:162,615154,270153,045152,046143,738145,487116,513
TOTAL ASSETS:244,718235,194228,037227,339212,482221,690194,520
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities40,68842,99747,50550,34649,92556,15351,904
Accounts payable20,39119,92821,01822,29723,92926,96124,062
Accrued liabilities20,29723,06926,48728,04925,99629,19227,842
Other undisclosed current liabilities33,72036,91337,40031,89126,96529,02819,562
Total current liabilities:74,40879,91084,90582,23776,89085,18171,466
Noncurrent Liabilities
Liabilities, other than long-term debt28,83632,62631,25129,26532,13836,83439,182
Liability, pension and other postretirement and postemployment benefits13,75119,17918,10516,90819,74423,75426,596
Other liabilities15,08513,44713,14612,35712,39413,08012,586
Other undisclosed noncurrent liabilities75,65972,98165,92473,06067,25455,60043,549
Total noncurrent liabilities:104,495105,60797,175102,32599,39292,43482,731
Total liabilities:178,903185,517182,080184,562176,282177,615154,197
Stockholders' equity
Stockholders' equity attributable to parent59,74445,03041,79238,86035,00143,83639,871
Common stock15141414141515
Additional paid in capital27,06126,54226,07425,56325,37126,98327,607
Accumulated other comprehensive loss(9,269)(13,488)(11,156)(9,039)(8,011)(9,330)(8,036)
Retained earnings41,93731,96226,86022,32217,62726,16820,285
Stockholders' equity attributable to noncontrolling interest6,0714,6474,1653,9171,199239452
Total stockholders' equity:65,81549,67745,95742,77736,20044,07540,323
TOTAL LIABILITIES AND EQUITY:244,718235,194228,037227,339212,482221,690194,520

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues127,004122,485137,237147,049145,588166,380152,356
Revenue, net133,449156,849145,922
Cost of revenue(108,765)(107,965)(122,376)(120,656)(125,997)(145,125)(134,054)
Cost of goods and services sold(100,544)(97,539)(110,651)(120,656)(114,869)(136,333)(128,321)
Gross profit:18,23914,52014,86126,39319,59121,25518,302
Operating expenses(8,915)(7,886)(9,380)(142,604)(9,575)(11,710)(13,405)
Other undisclosed operating income   120,656   
Operating income:9,3246,6345,4814,44510,0169,5454,897
Nonoperating income3,0411,8851,4692,596290429621
Investment income, nonoperating146241429335  7
Other nonoperating income (expense)22073(2)42 241148
Interest and debt expense (4,121)(4,423)(3,880)(3,141)(2,680)(1,610)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(950)3,0233,6413,2252,5662,1081,616
Income from continuing operations before equity method investments, income taxes:11,4157,4216,1686,3869,7319,4025,524
Income from equity method investments1,3016741,2682,1632,1322,2822,194
Income from continuing operations before income taxes:12,7168,0957,4368,54911,86311,6847,718
Income tax expense (benefit)(2,771)(1,774)(769)(474)(11,533)(2,416)1,897
Income from continuing operations:9,9456,3216,6678,0753309,2689,615
Loss from discontinued operations   (70)(4,212)  
Net income (loss):9,9456,3216,6678,005(3,882)9,2689,615
Net income attributable to noncontrolling interest741066591815972
Net income (loss) attributable to parent:10,0196,4276,7328,014(3,864)9,4279,687
Preferred stock dividends and other adjustments(182)(180)(151)(98)(16)  
Net income (loss) available to common stockholders, basic:9,8376,2476,5817,916(3,880)9,4279,687
Dilutive securities, effect on basic earnings per share      (1)
Net income (loss) available to common stockholders, diluted:9,8376,2476,5817,916(3,880)9,4279,686

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):9,9456,3216,6678,005(3,882)9,2689,615
Other comprehensive income (loss)4,206(2,318)(2,128)(936)1,317(1,353)56
Comprehensive income (loss):14,1514,0034,5397,069(2,565)7,9159,671
Comprehensive income, net of tax, attributable to noncontrolling interest879276152021853
Comprehensive income (loss), net of tax, attributable to parent:14,2384,0954,6157,084(2,545)8,1339,724

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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