Stock Analysis on Net

General Motors Co. (NYSE:GM)

Statement of Comprehensive Income 

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

General Motors Co., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income 9,840 9,708 9,945 6,321 6,667
Foreign currency translation adjustments and other 458 (340) 80 (523) (6)
Defined benefit plans (2,813) 1,677 4,126 (1,795) (2,122)
Other comprehensive income (loss), net of tax (2,355) 1,337 4,206 (2,318) (2,128)
Comprehensive income 7,485 11,045 14,151 4,003 4,539
Comprehensive loss attributable to noncontrolling interests 296 258 87 92 76
Comprehensive income attributable to stockholders 7,781 11,303 14,238 4,095 4,615

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Comprehensive income item Description The company
Net income attributable to stockholders The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. General Motors Co. net income attributable to stockholders decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Comprehensive income attributable to stockholders Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. General Motors Co. comprehensive income attributable to stockholders decreased from 2021 to 2022 and from 2022 to 2023.