Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Summary of Common and Preferred Stock

	March 31, 2023	December 31, 2022
Common Stock
Number of shares authorized	10,000,000	10,000,000
Number of shares issued and outstanding	5,050,000	5,050,000

During the three months ended March 31, 2023, our Board of Directors declared and paid dividends of $450 million on our common stock to General Motors Holdings LLC.

	March 31, 2023	December 31, 2022
Preferred Stock
Number of shares authorized	250,000,000	250,000,000
Number of shares issued and outstanding
Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series A (Series A Preferred Stock)	1,000,000	1,000,000
Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock, Series B (Series B Preferred Stock)	500,000	500,000
Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series C (Series C Preferred Stock)	500,000	500,000

Schedule of Accumulated Other Comprehensive Loss

The following table summarizes the significant components of accumulated other comprehensive income (loss):

	Three Months Ended March 31,
	2023		2022
Unrealized gain (loss) on hedges
Beginning balance	$	(21)	$	(77)
Change in value of hedges, net of tax	(52)		95
Ending balance	(73)		19
Defined benefit plans
Beginning balance	1		1
Unrealized gain (loss) on subsidiary pension, net of tax	—		—
Ending balance	1		—
Foreign currency translation adjustment
Beginning balance	(1,352)		(1,197)
Translation gain (loss), net of tax	102		144
Ending balance	(1,251)		(1,053)
Total accumulated other comprehensive income (loss)	$	(1,323)	$	(1,034)