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

	Dec 31, 2025	Sep 30, 2025	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
Cash and cash equivalents	20,945)	22,910)	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)
Marketable debt securities	6,724)	6,792)	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)
Accounts and notes receivable, net of allowance	13,054)	17,125)	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)
GM Financial receivables, net of allowance	45,266)	44,521)	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)
Inventories	14,467)	15,318)	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)
Other current assets	8,311)	7,970)	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)
Current assets	108,767)	114,636)	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)
GM Financial receivables, net of allowance	44,384)	45,300)	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)
Equity in net assets of nonconsolidated affiliates	5,681)	6,272)	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)
Property, net	51,683)	51,938)	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)
Goodwill and intangible assets, net	4,366)	4,452)	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)
Equipment on operating leases, net	33,686)	33,609)	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)
Deferred income taxes	22,960)	21,669)	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)
Other assets	9,757)	10,292)	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)
Non-current assets	172,517)	173,532)	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)
Total assets	281,284)	288,168)	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)

General Motors experienced fluctuations in its asset composition between March 2021 and December 2025. Current assets demonstrated overall volatility, while non-current assets generally increased over the period, contributing to a rise in total assets. A detailed examination of individual asset categories reveals specific trends and potential areas of interest.

Cash and Cash Equivalents: Cash and cash equivalents exhibited considerable variation. Initially decreasing from March 2021 to September 2021, they rose again towards the end of 2021. This pattern continued into 2022, with fluctuations throughout the year. A similar pattern persisted through 2023 and 2024, with a slight increase observed in the first half of 2025. The volatility suggests active cash management or responsiveness to operational needs.
Marketable Debt Securities: Marketable debt securities showed a generally decreasing trend from March 2021 to June 2022, followed by an increase through December 2022. Values then decreased through 2023 and 2024, continuing to decline modestly into the first half of 2025. This suggests a potential shift in investment strategy or liquidity needs.
Accounts and Notes Receivable: Accounts and notes receivable generally increased from March 2021 to December 2022, indicating potentially increased sales on credit. A decrease was observed in 2023, followed by a rise in the first half of 2024, and then a decline in the latter half of 2024 and first half of 2025. This suggests fluctuations in sales and collection cycles.
GM Financial Receivables: GM Financial receivables consistently increased from March 2021 through December 2023, demonstrating significant growth in this asset category. The growth slowed in 2024 and 2025, with a slight decrease observed in the first half of 2025. This indicates a substantial expansion of the company’s financing operations, followed by a stabilization.
Inventories: Inventories fluctuated throughout the period. An increase was observed from March 2021 to September 2021, followed by a decrease by December 2021. Inventory levels rose again in the first half of 2022, then decreased through 2023 and 2024. A slight increase was observed in the first half of 2025. These changes may reflect adjustments to production levels and supply chain dynamics.
Other Current Assets: Other current assets showed moderate fluctuations, generally remaining within a relatively narrow range. A slight increase was observed in the first half of 2025.
Current Assets (Total): Total current assets exhibited volatility, peaking in the second half of 2022 and again in the first half of 2025. The fluctuations were largely driven by changes in GM Financial receivables, cash, and inventories.
Non-Current Assets: Non-current assets generally increased from March 2021 to September 2025. Property, plant, and equipment, goodwill and intangible assets, and equipment on operating leases contributed to this growth. Deferred income taxes also showed a consistent presence. The overall increase suggests long-term investments and expansion of the company’s asset base.
Total Assets: Total assets increased from March 2021 to December 2025, reflecting the combined effect of fluctuations in current and non-current assets. The most significant increase occurred between March 2021 and December 2023, with more moderate growth in 2024 and 2025.

In summary, the asset composition of General Motors demonstrated dynamic changes over the analyzed period. The growth in GM Financial receivables and non-current assets were notable trends, while current assets exhibited more volatility. These changes likely reflect strategic decisions related to financing, investment, and operational adjustments.

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