Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

General Motors Co., adjusted current assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current assets	101,618)	100,451)	82,103)	80,924)	74,992)
Adjustments
Add: Allowance	298)	260)	192)	224)	201)
After Adjustment
Adjusted current assets	101,916)	100,711)	82,295)	81,148)	75,193)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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General Motors Co., adjusted total assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	273,064)	264,037)	244,718)	235,194)	228,037)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Allowance	298)	260)	192)	224)	201)
Less: Deferred tax assets²	22,339)	20,539)	21,152)	24,136)	24,640)
After Adjustment
Adjusted total assets	251,023)	243,758)	223,758)	211,282)	203,598)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

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General Motors Co., adjusted current liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current liabilities	94,445)	91,173)	74,408)	79,910)	84,905)
Adjustments
Less: Current deferred revenue	2,802)	2,489)	2,461)	3,132)	3,234)
Less: Current product warranty and related liabilities	3,285)	3,042)	3,769)	3,048)	2,987)
After Adjustment
Adjusted current liabilities	88,358)	85,642)	68,178)	73,730)	78,684)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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General Motors Co., adjusted total liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total liabilities	204,757)	191,752)	178,903)	185,517)	182,080)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred tax liabilities²	688)	707)	841)	654)	724)
Less: Deferred revenue	7,821)	6,041)	5,471)	5,847)	6,196)
Less: Product warranty and related liabilities	9,295)	8,530)	9,774)	8,242)	7,798)
Less: Reserves related to restructuring and other initiatives	779)	520)	285)	352)	564)
After Adjustment
Adjusted total liabilities	186,174)	175,954)	162,532)	170,422)	166,798)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities. See details »

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General Motors Co., adjusted stockholders’ equity

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Stockholders’ equity	64,286)	67,792)	59,744)	45,030)	41,792)
Adjustments
Less: Net deferred tax assets (liabilities)¹	21,651)	19,832)	20,311)	23,482)	23,916)
Add: Allowance	298)	260)	192)	224)	201)
Add: Deferred revenue	7,821)	6,041)	5,471)	5,847)	6,196)
Add: Product warranty and related liabilities	9,295)	8,530)	9,774)	8,242)	7,798)
Add: Reserves related to restructuring and other initiatives	779)	520)	285)	352)	564)
Add: Noncontrolling interest, Cruise stock incentive awards	118)	358)	—)	—)	—)
Add: Noncontrolling interests	3,903)	4,135)	6,071)	4,647)	4,165)
After Adjustment
Adjusted total equity	64,849)	67,804)	61,226)	40,860)	36,800)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Net deferred tax assets (liabilities). See details »

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General Motors Co., adjusted capitalization table

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Short-term debt and current portion of long-term debt	38,968)	38,778)	33,720)	36,913)	37,400)
Long-term debt, excluding current portion	82,773)	75,921)	75,659)	72,981)	65,924)
Total reported debt	121,741)	114,699)	109,379)	109,894)	103,324)
Stockholders’ equity	64,286)	67,792)	59,744)	45,030)	41,792)
Total reported capital	186,027)	182,491)	169,123)	154,924)	145,116)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Current operating lease liabilities (included in Accrued liabilities)²	264)	247)	204)	209)	239)
Add: Non-current operating lease liabilities³	907)	967)	1,012)	969)	1,010)
Adjusted total debt	122,912)	115,913)	110,595)	111,072)	104,573)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	21,651)	19,832)	20,311)	23,482)	23,916)
Add: Allowance	298)	260)	192)	224)	201)
Add: Deferred revenue	7,821)	6,041)	5,471)	5,847)	6,196)
Add: Product warranty and related liabilities	9,295)	8,530)	9,774)	8,242)	7,798)
Add: Reserves related to restructuring and other initiatives	779)	520)	285)	352)	564)
Add: Noncontrolling interest, Cruise stock incentive awards	118)	358)	—)	—)	—)
Add: Noncontrolling interests	3,903)	4,135)	6,071)	4,647)	4,165)
Adjusted total equity	64,849)	67,804)	61,226)	40,860)	36,800)
After Adjustment
Adjusted total capital	187,761)	183,717)	171,821)	151,932)	141,373)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities (included in Accrued liabilities). See details »

³ Non-current operating lease liabilities. See details »

⁴ Net deferred tax assets (liabilities). See details »

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General Motors Co., adjusted automotive net sales and revenue

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Automotive net sales and revenue	157,658)	143,975)	113,590)	108,673)	122,697)
Adjustment
Add: Increase (decrease) in deferred revenue	1,780)	570)	(376)	(349)	(267)
After Adjustment
Adjusted automotive net sales and revenue	159,438)	144,545)	113,214)	108,324)	122,430)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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General Motors Co., adjusted net income attributable to stockholders

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net income attributable to stockholders	10,127)	9,934)	10,019)	6,427)	6,732)
Adjustments
Add: Deferred income tax expense (benefit)¹	(1,041)	425)	2,214)	925)	(133)
Add: Increase (decrease) in allowance	38)	68)	(32)	23)	(10)
Add: Increase (decrease) in deferred revenue	1,780)	570)	(376)	(349)	(267)
Add: Increase (decrease) in product warranty and related liabilities	765)	(1,244)	1,532)	444)	208)
Add: Increase (decrease) in reserves related to restructuring and other initiatives	259)	235)	(67)	(212)	(558)
Add: Other comprehensive income (loss), net of tax	(2,355)	1,337)	4,206)	(2,318)	(2,128)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	(296)	(258)	(87)	(92)	(76)
After Adjustment
Adjusted net income	9,277)	11,067)	17,409)	4,848)	3,768)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Deferred income tax expense (benefit). See details »

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General Motors Co. (NYSE:GM)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income