Balance Sheet: Liabilities and Stockholders’ Equity
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.
Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.
Paying user area
Try for free
General Motors Co. pages available for free this week:
- Balance Sheet: Assets
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Reportable Segments
- Enterprise Value to EBITDA (EV/EBITDA)
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Return on Assets (ROA) since 2010
- Total Asset Turnover since 2010
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to General Motors Co. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
General Motors Co., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Accounts Payable, Principally Trade
- The accounts payable balance fluctuates over the periods, reaching a low in June 2020 at 15,154 million US dollars and peaking around December 2022 at approximately 27,486 million US dollars. A decline is observed toward March 2025, closing near 26,948 million. This indicates variability in short-term obligations related to trade activities but with a general upward trend from 2020 through 2022, followed by stabilization.
- Automotive Segment
- Automotive revenues display a high variability with no clear upward or downward trend. Starting at 1,730 million US dollars in March 2020, values rise and fall repeatedly, with a notable peak of 2,141 million in September 2024. This cyclical pattern suggests sensitivity to market conditions or seasonal fluctuations within the automotive segment.
- GM Financial Segment
- GM Financial experiences a general decline from 43,331 million US dollars in March 2020 to a trough of 31,644 million in June 2022, then rebounds to 38,256 million by March 2024, followed by another decline. This pattern suggests financial services component faced initial challenges, improved mid-period, then faced renewed pressures.
- Short-term Debt and Current Portion of Long-term Debt
- This liability category demonstrates a decreasing trend between March 2020 and June 2022, from 45,061 million US dollars to 32,306 million, reflecting debt reduction or refinancing. Subsequently, it increases to about 39,968 million by the end of 2023 but declines by March 2025 to near 35,934 million, indicating active management of near-term debt obligations.
- Accrued Liabilities
- Accrued liabilities show a downward movement from 26,200 million in March 2020 to roughly 18,484 million by September 2021, followed by a recovery to over 31,153 million by March 2025. This pattern points to fluctuating short-term obligations that mirror operational or seasonal expense recognition variabilities.
- Current Liabilities
- Current liabilities decrease sharply from 91,292 million in March 2020 to approximately 71,951 million by September 2021. Afterward, they trend upward again, peaking around 96,265 million in December 2024 before decreasing to 90,747 million in March 2025. This overall fluctuation indicates active working capital management, with periods of liability reduction followed by escalation possibly due to operational demands.
- Automotive (Liabilities)
- The automotive-related current liabilities decline significantly from 28,581 million in March 2020 to about 13,327 million by December 2024, suggesting possible restructuring or improved operational efficiencies reducing payables in the automotive segment.
- GM Financial (Liabilities)
- Contrasting with the automotive segment, financial-related current liabilities increase consistently from 52,858 million in March 2020 to 83,270 million by March 2025, indicating ongoing financing activities, possibly related to expansion or credit facilities usage.
- Long-term Debt, Excluding Current Portion
- The long-term debt shows some volatility but an overall upward trend, from 81,439 million in March 2020 to a peak around 96,744 million by March 2025. This suggests an increasing reliance on long-term borrowing during the period, potentially for capital investments or restructuring.
- Postretirement Benefits Other Than Pensions
- Postretirement benefit obligations remain relatively stable with slight decreases from about 5,766 million in early 2020 down to approximately 3,967 million by March 2025, indicating possible plan funding improvements or benefit adjustments.
- Pensions
- Pension liabilities decrease significantly from 11,505 million in March 2020 to 5,768 million by March 2025. The steady reduction points to ongoing pension plan funding or benefit modifications resulting in lower recorded obligations.
- Other Liabilities
- Other liabilities increase consistently over the years, from 12,305 million in March 2020 up to 18,452 million by March 2025, implying rising non-core obligations or provisions likely related to business operations or contingencies.
- Non-current Liabilities
- The aggregate non-current liabilities vary between 105,607 million and 124,931 million, displaying a moderate upward trend approaching 2025, consistent with the increases seen in long-term debt and other liabilities, reflecting growing longer-term obligations.
- Total Liabilities
- Total liabilities decline from 202,307 million in early 2020 to 178,236 million by September 2021 but rebound to over 215,678 million by March 2025, displaying initial deleveraging followed by renewed liability increases.
- Noncontrolling Interest (Cruise Stock Incentive Awards)
- Data begins from late 2021 and fluctuates mildly without a clear trend, highlighting a minor and variable impact from stock-based compensation awards in this subsidiary or segment.
- Common Stock
- The common stock par value remains stable at about 14 million US dollars initially, then declines slightly toward 10 million by 2025, indicating potential stock repurchases or restructuring affecting share counts.
- Additional Paid-in Capital
- Additional paid-in capital holds steady near 26,000 million US dollars until 2022 when it drops significantly to roughly 19,000 million, after which it shows minor fluctuations. This dip may reflect equity transactions reducing capital contributions or adjustments in capital accounts.
- Retained Earnings
- Retained earnings show consistent growth from 25,885 million in March 2020 to a peak of approximately 62,050 million in December 2024, followed by a decline to around 55,139 million in March 2025. This growth suggests profitable operations and earnings retention, with some drawdowns in early 2025.
- Accumulated Other Comprehensive Loss
- The comprehensive loss narrows from -11,800 million in 2020 to near -7,778 million by late 2022 but then deepens again to around -11,122 million by March 2025, indicating fluctuating unrealized losses on items such as currency translation or pension adjustments.
- Stockholders’ Equity
- Stockholders’ equity grows steadily from 40,113 million in March 2020, peaking at approximately 74,475 million in September 2023, then declines to roughly 64,372 million by March 2025, reflecting strong equity growth driven by earnings with some retrenchment in late periods.
- Noncontrolling Interests
- Noncontrolling interests decline steadily from 4,204 million in 2020 to about 2,055 million in March 2025, suggesting buyouts or outflows of minority interests during the period.
- Total Equity
- Total equity exhibits a similar trajectory to stockholders' equity, increasing from 44,317 million in March 2020 to approximately 78,404 million in September 2023, then falling to near 66,427 million by March 2025, reflecting overall strong equity accumulation tempered by recent downward adjustments.
- Total Liabilities and Equity
- The consolidated liabilities and equity balance moderately declines from 246,624 million in early 2020 to a low near 235,194 million in late 2020, then increases to a high around 289,289 million in late 2024, before a slight reduction toward 282,105 million by March 2025. This reflects company growth with fluctuations in financing and equity structure over time.