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Segment Reporting and Geographic Information
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting and Geographic Information Segment Reporting and Geographic Information
We analyze the results of our business through the following reportable segments: North America and International. Our chief operating decision-maker, the President and Chief Executive Officer, evaluates the operating results through reportable segment income before income taxes. This financial metric is used to review operating trends, perform analytical comparisons between periods and among geographic regions, and to monitor budget-to-actual variances on a monthly basis in order to assess performance and allocate resources.
Our North America Segment includes operations in the U.S. and Canada. Our International Segment includes operations in Brazil, Chile, Colombia, Mexico and Peru, as well as our equity investments in joint ventures in China. The management of each segment is responsible for executing our strategies.
The following tables summarize key financial information by segment:
Year Ended December 31, 2024
North AmericaInternationalTotal
Revenue from reportable segments$14,341 $1,515 $15,856 
Reconciliation of revenue
Other revenue(a)
19 
Total revenue
$15,875 
Costs and expenses(b)
Salaries and benefits1,013 154 
Leased vehicle depreciation4,770 74 
(Gain) loss on termination of leased vehicles
(759)1 
Provision for loan losses912 116 
Interest expense5,362 668 
GM Protection claim losses30 — 
Other segment items(c)
329 230 
Equity income
— 64 
Impairment of investment in nonconsolidated affiliate
— (320)
Reportable segment income before income taxes
$2,683 $16 $2,699 
Reconciliation to income before income taxes
Other loss(d)
(54)
Income before income taxes
$2,645 
________________
(a)Revenue from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision-maker.
(c)Other segment items for each reportable segment primarily include professional fees, supplies and equipment, occupancy costs, depreciation and amortization, and commission expense.
(d)Income/loss from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
Year Ended December 31, 2023
North AmericaInternationalTotal
Revenue from reportable segments$12,876 $1,345 $14,221 
Reconciliation of revenue
Other revenue(a)
3 
Total revenue
$14,224 
Costs and expenses(b)
Salaries and benefits990 156 
Leased vehicle depreciation4,840 65 
Gain on termination of leased vehicles
(877)(1)
Provision for loan losses682 144 
Interest expense4,109 576 
GM Protection claim losses8 — 
Other segment items(c)
407 223 
Equity income— 138 
Reportable segment income before income taxes$2,716 $320 $3,036 
Reconciliation to income before income taxes
Other loss(d)
(51)
Income before income taxes
$2,985 
________________
(a)Revenue from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision-maker.
(c)Other segment items for each reportable segment primarily include professional fees, supplies and equipment, occupancy costs, depreciation and amortization, and commission expense.
(d)Income/loss from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
Year Ended December 31, 2022
North AmericaInternationalTotal
Revenue from reportable segments$11,776 $989 $12,765 
Reconciliation of revenue
Other revenue(a)
1 
Total revenue
$12,766 
Costs and expenses(b)
Salaries and benefits940 143 
Leased vehicle depreciation4,793 46 
Gain on termination of leased vehicles
(1,187)— 
Provision for loan losses537 116 
Interest expense2,526 355 
Other segment items(c)
381 197 
Equity income— 173 
Reportable segment income before income taxes$3,786 $305 $4,091 
Reconciliation to income before income taxes
Other loss(d)
(15)
Income before income taxes
$4,076 
________________
(a)Revenue from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision-maker.
(c)Other segment items for each reportable segment primarily include professional fees, supplies and equipment, occupancy costs, depreciation and amortization, and commission expense.
(d)Income/loss from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
The following table presents certain balance sheet information by segment:
December 31, 2024December 31, 2023
North AmericaInternationalTotalNorth AmericaInternationalTotal
Finance receivables, net$87,084 $6,426 $93,510 $78,148 $6,489 $84,637 
Leased vehicles, net$31,236 $350 $31,586 $30,227 $356 $30,582 
Assets from reportable segments$131,643 $9,254 $140,897 $122,051 $9,883 $131,933 
Other assets(a)
134 .77 
Total assets$141,030 .$132,011 
________________
(a)Assets from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.
The following table summarizes information concerning principal geographic areas:
At and For the Years Ended December 31,
202420232022
Revenue(a)
Long-Lived Assets(b)
Revenue(a)
Long-Lived Assets(a)
Revenue(a)
Long-Lived Assets(a)
U.S.$13,608 $28,129 $12,168 $27,397 $11,037 $29,411 
Non-U.S.2,267 3,563 2,056 3,309 1,729 3,431 
Total consolidated$15,875 $31,693 $14,224 $30,707 $12,766 $32,842 
_________________
(a)No individual country other than the U.S. represented more than 10% of our total revenue.
(b)Long-lived assets include $31.6 billion, $30.6 billion, and $32.7 billion of vehicles on operating leases at December 31, 2024, 2023 and 2022. Other than the U.S., no individual country represented more than 10% of our total long-lived assets at December 31,2024, 2023 and 2022, except for Canada, with long-lived assets of $3.2 billion at December 31, 2024.