Segment Reporting

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

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.

	Three Months Ended March 31, 2025
	North America		International		Total
Revenue from reportable segments	$	3,778	$	377	$	4,155
Reconciliation of revenue
Other revenue(a)					9
Total revenue					$	4,164
Costs and expenses(b)
Salaries and benefits	272		38
Leased vehicle depreciation	1,185		18
(Gain) loss on termination of leased vehicles	(156)		—
Provision for loan losses	292		36
Interest expense	1,424		173
GM Protection claim losses	10		—
Other segment items(c)	126		49
Equity income	—		12
Reportable segment income before income taxes	$	625	$	75	$	700
Reconciliation to income before income taxes
Other loss(d)					(15)
Income before income taxes					$	685

________________

(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.

	Three Months Ended March 31, 2024
	North America		International		Total
Revenue from reportable segments	$	3,415	$	394	$	3,809
Reconciliation of revenue
Other revenue(a)					2
Total revenue					$	3,811
Costs and expenses(b)
Salaries and benefits	255		37
Leased vehicle depreciation	1,224		19
Gain on termination of leased vehicles	(202)		1
Provision for loan losses	171		33
Interest expense	1,230		167
GM Protection claim losses	5		—
Other segment items(c)	97		56
Equity income	—		32
Reportable segment income before income taxes	$	635	$	114	$	749
Reconciliation to income before income taxes
Other loss(d)					(12)
Income before income taxes					$	737

________________

(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:

	March 31, 2025						December 31, 2024
	North America		International		Total		North America		International		Total
Finance receivables, net	$	84,779	$	6,534	$	91,313	$	87,084	$	6,426	$	93,510
Leased vehicles, net	$	31,861	$	379	$	32,239	$	31,236	$	350	$	31,586
Assets from reportable segments	$	133,310	$	9,372	$	142,682	$	131,643	$	9,254	$	140,897
Other assets(a)					172		.				134
Total assets					$	142,853	.				$	141,030

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(a)Assets from our other operating segment that does not meet any of the quantitative thresholds for determining reportable segments.