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:
- Income Statement
- Balance Sheet: Assets
- Analysis of Solvency Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Price to Earnings (P/E) since 2010
- Price to Book Value (P/BV) since 2010
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-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 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).
An examination of the provided financial information reveals trends in liabilities and stockholders’ equity over a multi-year period. Overall, total liabilities and equity demonstrate a generally increasing trend, though with some fluctuations, particularly noticeable in the later periods. A more detailed analysis of specific liability and equity components follows.
- Accounts Payable
- Accounts payable, principally trade, exhibited an increasing trend from March 2021 through September 2022, peaking at US$26,886 million. Subsequently, a slight decline occurred, followed by a period of relative stability between March 2023 and June 2025, fluctuating between approximately US$27.077 million and US$27.317 million. A more pronounced decrease is observed in December 2025, falling to US$23,919 million.
- Automotive and GM Financial Liabilities
- Both Automotive and GM Financial liabilities show considerable values and fluctuations. Automotive liabilities experienced a peak in December 2022 at US$1,959 million, followed by a decrease and subsequent stabilization. GM Financial liabilities remained relatively stable between March 2021 and December 2021, then increased to US$36,819 million in December 2022 before decreasing to US$35,012 million in December 2025. These components represent a significant portion of the total current liabilities.
- Short-Term and Long-Term Debt
- Short-term debt and the current portion of long-term debt generally increased from March 2021 to December 2022, reaching US$38,778 million. A subsequent decrease is observed, with values stabilizing around US$35-39 billion. Long-term debt, excluding the current portion, remained relatively stable between March 2021 and December 2021, then experienced a slight increase, peaking at US$81,375 million in June 2023, before decreasing to US$90,300 million in December 2024 and then increasing again to US$94,609 million in December 2025.
- Accrued Liabilities and Other Liabilities
- Accrued liabilities demonstrated an increasing trend throughout the period, rising from US$20,809 million in March 2021 to US$33,755 million in December 2025. Other liabilities also exhibited a consistent upward trend, increasing from US$13,166 million in March 2021 to US$21,152 million in December 2025. These increases contribute to the overall growth in total liabilities.
- Stockholders’ Equity Components
- Common stock remained relatively constant throughout the period, with minimal fluctuations. Additional paid-in capital showed a slight increase over time, while retained earnings exhibited a more substantial growth, increasing from US$34,988 million in March 2021 to US$51,525 million in December 2025. Accumulated other comprehensive loss remained consistently negative, with a notable increase in magnitude over the observed period. Noncontrolling interests also showed a decreasing trend.
- Total Liabilities and Equity
- Total liabilities and equity increased from US$238,411 million in March 2021 to US$281,284 million in December 2025. The most significant increase occurred between March 2021 and December 2022, followed by a period of relative stabilization and a slight decrease in the final period. The growth in total liabilities, particularly accrued and other liabilities, contributed significantly to this overall increase, offset somewhat by fluctuations in long-term debt.
In summary, the company experienced growth in both liabilities and equity over the analyzed period. The increases in accrued liabilities and retained earnings were particularly noteworthy. While long-term debt fluctuated, it remained a substantial component of the overall financial structure. The decrease in accounts payable in the final period warrants further investigation.