Microsoft Excel LibreOffice Calc

General Motors Co. (GM)

Cash Flow Statement
Quarterly Data

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

General Motors Co., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel LibreOffice Calc
3 months ended Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
Income from continuing operations 2,403  2,145  2,069  2,530  2,366  1,110  (4,903) 114  2,433  2,686  1,775  2,712  2,850  1,931  6,226  1,341  1,140  908  —  —  —  — 
Depreciation and impairment of Equipment on operating leases, net 1,851  1,897  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Depreciation, amortization and impairment charges on Property, net 1,556  2,219  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Depreciation, amortization and impairment charges —  —  3,646  3,313  3,129  3,581  3,177  3,147  3,194  2,743  2,851  2,686  2,579  2,292  2,109  1,981  2,170  1,757  —  —  —  — 
Foreign currency remeasurement and transaction (gains) losses (258) 80  (112) 174  (137) 243  64  (117) (39) 144  88  33  75  162  (82) 123  600  188  —  —  —  — 
Amortization of discount and issuance costs on debt issues —  —  —  —  —  —  —  —  —  —  —  (94) 94  —  176  (87) 51  36  —  —  —  — 
Undistributed earnings of nonconsolidated affiliates, net 669  (413) (326) (525) 1,358  (648) (502) (117) 1,042  (555) (415) (493) 1,412  (519) (310) (187) 889  (539) —  —  —  — 
Pension contributions and OPEB payments (279) (291) (319) (818) (532) (400) (527) (356) (371) (382) (359) (322) (862) (1,922) (404) (372) (431) (393) —  —  —  — 
Pension and OPEB (income) expense, net (157) (149) (340) (313) (327) (300) (288) (241) (205) (200) (130) (126) (146) (151) 75  57  146  43  —  —  —  — 
Gains on extinguishment of debt —  —  —  —  —  —  —  —  —  —  —  —  —  —  (449) —  —  —  —  —  —  — 
Provision (benefit) for deferred taxes 332  (253) (792) 94  221  365  7,363  2,214  267  1,036  (35) 616  574  731  (3,251) (99) 250  343  —  —  —  — 
Change in other operating assets and liabilities (1,041) (5,316) 3,882  (782) (973) (3,503) 3,046  (1,696) (691) (3,674) 1,145  1,556  (507) (2,632) (1,308) 551  971  (1,968) —  —  —  — 
Other operating activities —  —  (1,678) —  —  —  (468) —  —  —  (904) —  —  —  (273) —  —  —  —  —  —  — 
Net cash provided by operating activities —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  3,164  1,088  3,830  1,976 
Net cash provided by (used in) operating activities 5,076  (81) 6,030  3,673  5,105  448  6,962  2,948  5,630  1,798  4,016  6,568  6,069  (108) 2,509  3,308  5,786  375  3,164  1,088  3,830  1,976 
Expenditures for property (1,462) (2,014) (2,199) (2,211) (2,079) (2,272) (2,100) (2,167) (2,456) (1,730) (2,636) (2,296) (2,325) (2,285) (2,550) (1,835) (1,805) (1,684) (2,002) (1,664) (1,666) (1,759)
Available-for-sale marketable securities, acquisitions (1,536) (677) (507) (742) (657) (914) (1,004) (2,350) (833) (1,316) (6,569) (6,335) (505) (1,773) (1,245) (2,032) (3,202) (1,634) (1,433) (2,489) (2,823) (891)
Trading marketable securities, acquisitions —  —  —  —  —  —  —  —  —  —  (13) (46) (99) (104) (222) —  (506) (522) (92) —  (1,124) (302)
Available-for-sale marketable securities, liquidations 566  678  471  1,751  824  2,062  1,106  3,029  1,958  2,914  2,781  2,753  2,065  3,272  978  796  4,222  2,467  1,632  2,519  1,668  1,055 
Trading marketable securities, liquidations —  —  —  —  —  —  —  —  —  —  26  33  522  291  317  342  713  386  185  240  1,124  332 
Acquisition of companies/investments, net of cash acquired —  —  (83) —  —  —  (36) (3) (2) —  (5) (3) (285) (516) —  —  123  (1,051) (2) (1) (50) — 
Purchases of finance receivables, net (6,542) (7,215) (8,374) (6,519) (5,853) (4,925) (4,191) (4,557) (5,175) (5,402) (4,639) (4,876) (4,193) (4,161) (4,394) (4,725) (4,309) (4,067) (3,920) (4,006) (3,518) (3,300)
Principal collections and recoveries on finance receivables 5,501  6,207  5,272  4,356  3,942  3,478  3,215  3,360  3,195  2,808  3,268  3,263  3,370  3,271  3,008  3,002  2,902  2,814  2,736  2,825  2,660  2,639 
Purchases of leased vehicles, net (4,442) (3,747) (3,685) (3,929) (4,626) (4,496) (4,371) (4,925) (5,157) (4,727) (4,573) (4,848) (5,092) (5,111) (4,122) (4,532) (4,252) (2,252) (1,607) (1,367) (1,182) (620)
Proceeds from termination of leased vehicles 3,385  3,059  2,770  2,791  2,924  2,379  2,018  1,925  1,645  1,079  756  711  609  481  434  194  283  185  138  131  141  123 
Other investing activities 101  (2) 147  (32) 47  (40) 80  34  63  1  85  (39) 132  (5) (60) (66) (24) (110) 92  (13) 7  (114)
Net cash used in investing activities (4,429) (3,711) (6,188) (4,535) (5,478) (4,728) (5,283) (5,654) (6,762) (6,373) (11,519) (11,683) (5,801) (6,640) (7,856) (8,856) (5,855) (5,468) (4,273) (3,825) (4,763) (2,837)
Net increase (decrease) in short-term debt (23) 959  (509) 1,051  524  120  234  39  (53) (360) 290  70  (300) 738  641  689  (300) 98  1,327  (1,195) (125) 384 
Proceeds from issuance of debt, original maturities greater than three months 8,754  11,757  11,000  9,644  11,823  11,334  9,139  15,917  15,851  11,280  12,605  9,323  10,979  12,234  10,863  8,318  10,343  6,155  9,525  9,151  7,014  5,683 
Payments on debt, original maturities greater than three months (9,848) (10,777) (7,915) (6,568) (12,008) (6,832) (7,558) (12,703) (8,190) (5,141) (6,378) (5,475) (6,412) (5,550) (4,933) (3,906) (5,308) (3,109) (3,998) (5,802) (4,960) (4,764)
Payments to purchase common stock —  —  (90) —  —  (100) (1,498) (1,498) (1,496) —  (999) (1,201) —  (300) (632) (889) (1,699) (300) (3,109) (168) —  — 
Proceeds from issuance of subsidiary preferred stock 414  —  1,109  492  1,261  —  —  985  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Dividends paid (558) (626) (552) (586) (538) (566) (532) (556) (572) (573) (586) (594) (600) (588) (564) (592) (598) (488) (1,384) (588) (622) (571)
Other financing activities (28) (236) (201) (76) (176) (187) (34) (34) (93) (144) 2  (3) (9) (107) (33) (30) (43) 3  (46) (56) (7) (14)
Net cash provided by (used in) financing activities (1,289) 1,077  2,842  3,957  886  3,769  (249) 2,150  5,447  5,062  4,934  2,120  3,658  6,427  5,342  3,590  2,395  2,359  2,315  1,342  1,300  718 
Net cash provided by (used in) operating activities, discontinued operations —  —  —  —  —  —  (74) (67) (112) 243  —  —  —  —  —  —  —  —  —  —  —  — 
Net cash (used in) provided by investing activities, discontinued operations —  —  —  —  —  166  472  (3,184) (356) (432) —  —  —  —  —  —  —  —  —  —  —  — 
Net cash provided by (used in) financing activities, discontinued operations —  —  —  —  —  —  154  (11) 46  (15) —  —  —  —  —  —  —  —  —  —  —  — 
Net cash provided by (used in) discontinued operations —  —  —  —  —  166  552  (3,262) (422) (204) —  —  —  —  —  —  —  —  —  —  —  — 
Effect of exchange rate changes on cash, cash equivalents and restricted cash 42  —  (46) (8) (289) 44  (14) 153  106  103  (297) 4  (72) 152  (190) (236) (475) (444) (312) (409) 71  (452)
Net increase (decrease) in cash, cash equivalents and restricted cash (600) (2,715) 2,638  3,087  224  (301) 1,968  (3,665) 3,999  386  (2,866) (2,991) 3,854  (169) (195) (2,194) 1,851  (3,178) 894  (1,804) 438  (595)

Based on: 10-Q (filing date: 2019-08-01), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-06), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-06), 10-Q (filing date: 2017-10-24), 10-Q (filing date: 2017-07-25), 10-Q (filing date: 2017-04-28), 10-K (filing date: 2017-02-07), 10-Q (filing date: 2016-10-25), 10-Q (filing date: 2016-07-21), 10-Q (filing date: 2016-04-21), 10-K (filing date: 2016-02-03), 10-Q (filing date: 2015-10-21), 10-Q (filing date: 2015-07-23), 10-Q (filing date: 2015-04-23), 10-K (filing date: 2015-02-04), 10-Q (filing date: 2014-10-23), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).

Item Description The company
Net cash provided by (used in) operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. General Motors Co.’s net cash provided by (used in) operating activities declined from Q4 2018 to Q1 2019 but then increased from Q1 2019 to Q2 2019 not reaching Q4 2018 level.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. General Motors Co.’s net cash used in investing activities increased from Q4 2018 to Q1 2019 but then slightly declined from Q1 2019 to Q2 2019.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. General Motors Co.’s net cash provided by (used in) financing activities declined from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.