Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

General Motors Co., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	22,381)	20,570)	19,872)	23,744)	22,516)	17,635)	18,853)	25,224)	23,074)	18,227)	19,153)	20,745)	16,710)	16,349)	20,067)	17,365)	22,920)	21,609)	19,992)	26,939)	28,228)	38,506)
Marketable debt securities	6,958)	6,919)	7,265)	8,477)	8,313)	7,845)	7,613)	9,651)	9,556)	9,981)	12,150)	9,566)	10,124)	9,907)	8,609)	6,575)	6,211)	7,771)	9,046)	9,962)	9,254)	7,620)
Accounts and notes receivable, net of allowance	16,722)	14,936)	12,827)	13,782)	13,406)	13,774)	12,378)	13,923)	14,068)	13,702)	13,333)	14,021)	12,417)	11,946)	7,394)	8,091)	8,167)	9,126)	8,035)	9,939)	7,946)	7,536)
GM Financial receivables, net of allowance	44,473)	44,517)	46,362)	44,453)	42,783)	41,682)	39,076)	36,224)	34,440)	32,283)	33,623)	31,049)	28,479)	28,440)	26,649)	25,093)	24,444)	24,583)	26,209)	24,562)	22,851)	26,320)
Inventories	15,454)	15,253)	14,564)	17,325)	17,605)	17,533)	16,461)	17,740)	17,912)	17,758)	15,366)	16,367)	16,859)	14,838)	12,988)	14,534)	13,102)	12,066)	10,235)	10,934)	10,280)	10,799)
Other current assets	8,297)	7,811)	7,655)	7,638)	7,441)	8,001)	7,237)	7,959)	7,754)	6,881)	6,826)	6,523)	6,505)	7,114)	6,396)	6,133)	7,765)	6,936)	7,407)	6,841)	8,938)	6,918)
Current assets	114,285)	110,006)	108,545)	115,419)	112,064)	106,470)	101,618)	110,721)	106,804)	98,832)	100,451)	98,271)	91,094)	88,594)	82,103)	77,791)	82,609)	82,091)	80,924)	89,177)	87,497)	97,699)
GM Financial receivables, net of allowance	47,043)	46,534)	46,474)	45,928)	44,747)	43,511)	45,043)	44,987)	44,201)	43,582)	40,591)	39,551)	38,227)	36,408)	36,167)	34,645)	35,507)	33,689)	31,783)	30,191)	28,999)	25,948)
Equity in net assets of nonconsolidated affiliates	6,103)	6,877)	7,102)	11,039)	10,734)	10,740)	10,613)	10,549)	10,064)	10,542)	10,176)	9,910)	9,733)	10,402)	9,677)	9,234)	8,882)	8,979)	8,406)	8,046)	7,724)	7,521)
Property, net	52,159)	52,128)	51,904)	51,505)	51,145)	51,423)	50,321)	49,399)	47,941)	46,895)	45,248)	42,795)	41,943)	41,708)	41,115)	39,637)	38,822)	37,797)	37,632)	36,989)	37,066)	37,969)
Goodwill and intangible assets, net	4,488)	4,520)	4,551)	4,745)	4,778)	4,823)	4,862)	4,907)	4,950)	4,968)	4,945)	4,968)	5,013)	5,058)	5,087)	5,126)	5,169)	5,185)	5,230)	5,245)	5,282)	5,225)
Equipment on operating leases, net	33,196)	32,239)	31,586)	30,956)	30,345)	30,106)	30,582)	31,061)	31,560)	31,848)	32,701)	33,778)	35,307)	36,581)	37,929)	39,657)	40,596)	40,343)	39,819)	39,358)	39,601)	41,296)
Deferred income taxes	21,478)	21,234)	21,254)	21,007)	21,088)	21,704)	22,339)	20,289)	20,640)	20,676)	20,539)	20,572)	21,038)	21,287)	21,152)	22,245)	22,408)	23,090)	24,136)	23,970)	24,654)	24,441)
Other assets	10,632)	8,566)	8,345)	8,690)	8,055)	7,814)	7,686)	9,792)	9,673)	9,661)	9,386)	10,684)	11,162)	11,454)	11,488)	10,222)	7,810)	7,237)	7,264)	6,695)	6,712)	6,525)
Non-current assets	175,099)	172,098)	171,216)	173,870)	170,892)	170,121)	171,446)	170,984)	169,029)	168,172)	163,586)	162,258)	162,423)	162,898)	162,615)	160,766)	159,194)	156,320)	154,270)	150,494)	150,038)	148,925)
Total assets	289,384)	282,104)	279,761)	289,289)	282,956)	276,591)	273,064)	281,705)	275,833)	267,004)	264,037)	260,529)	253,517)	251,492)	244,718)	238,557)	241,803)	238,411)	235,194)	239,671)	237,535)	246,624)

The financial data reveals several notable trends in the quarterly figures for the company’s asset composition and liquidity over the reported periods.

Cash and Cash Equivalents: The cash and cash equivalents show a generally declining trend from early 2020 through the end of 2020, dropping from 38,506 million USD to 19,992 million USD. Following this, some fluctuations occur, notably a recovery in mid-2023 with peaks around 23,074 and 25,224 million USD, but it declines again towards early 2025, ending at around 22,381 million USD. This suggests a variable but cautious liquidity position with periods of both cash build-up and drawdown.
Marketable Debt Securities: Marketable debt securities fluctuate with moderate volatility, generally staying between approximately 6,900 and 12,000 million USD. The level peaks at over 12,150 million USD in late 2022, followed by a decline to under 7,000 million USD in 2025, indicating shifts in short-term investments or adjustments in liquidity management strategies.
Accounts and Notes Receivable: This category demonstrates consistent growth, with net receivables rising from 7,536 million USD in early 2020 to 16,722 million USD at the close of the series. The growth is more pronounced from 2021 onwards, possibly reflecting increased sales or extended credit terms to customers.
GM Financial Receivables: GM Financial receivables exhibit an upward trend across the entire period. Beginning with 26,320 million USD in early 2020, the figure rises steadily, surpassing 44,000 million USD by early 2025. This suggests expansion in financing activities or a larger loan portfolio managed within the financial arm of the company.
Inventories: Inventories fluctuate considerably but show a peak in mid-2023 at 17,912 million USD, followed by a general decline approaching 15,454 million USD at the end of the period. The variations could indicate responses to supply chain conditions or inventory management adjustments aligning with changing demand forecasts.
Other Current Assets and Total Current Assets: Other current assets remain relatively stable with modest upward movement, while total current assets reveal overall growth, moving from 97,699 million USD in early 2020 to approximately 114,285 million USD by mid-2025. This growth indicates an improving liquidity base and possibly better working capital management.
Non-Current Assets and Property, Plant & Equipment: Non-current assets show steady growth over the period, increasing from roughly 149 billion USD in early 2020 to about 175 billion USD by mid-2025. Property, net of depreciation, rises consistently from approximately 38,000 million USD to over 52,000 million USD, indicating ongoing investments in long-term assets and manufacturing capacity or facilities.
Goodwill and Intangible Assets: Goodwill and intangible assets experience a slow, gradual decline from 5,225 million USD to 4,488 million USD, potentially reflecting amortization or impairment charges over time.
Equipment on Operating Leases: Equipment on operating leases steadily decreases from about 41,296 million USD to a low near 30,000 million USD by 2023 but then shows minor recovery climbing back to about 33,196 million USD towards mid-2025. This trend may reflect changes in leasing strategy or asset utilization.
Equity in Net Assets of Nonconsolidated Affiliates: This metric generally increases through 2022, peaking near 11,039 million USD, but then declines sharply by mid-2025 to around 6,103 million USD, suggesting divestitures, reduced stakes, or impairments in associated entities.
Total Assets: Total assets fluctuate moderately, decreasing slightly in 2020, followed by a steady rise with peaks in late 2023 and early 2024 reaching approximately 289 billion USD before a slight reduction back to around 289 billion in mid-2025. The overall trend is positive, reflecting asset growth over time.

In summary, the company shows strong asset growth particularly in receivables and non-current assets, with cash and liquidity metrics fluctuating but generally stable. Trends in goodwill and equity investments suggest some consolidation or write-downs, while inventory and leased equipment levels indicate active asset and working capital management aligned with business conditions.

Assets: Selected Items

Download chart

Current Assets: Selected Items

Download chart

General Motors Co. (NYSE:GM)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data