General Motors 2013 Annual Report Download - page 58

GENERAL MOTORS COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In millions, except share amounts)
December 31, 2013 December 31, 2012
ASSETS
Current Assets
Cash and cash equivalents .................................................................... $ 20,021 $ 18,422
Marketable securities (Note 5) ................................................................. 8,972 8,988
Restricted cash and marketable securities (Note 5) ................................................. 1,247 686
Accounts and notes receivable (net of allowance of $344 and $311; Note 2) ............................. 8,535 10,395
GM Financial receivables, net (Note 4)(including SPE receivables of $10,001 and $3,444; Note 12) .......... 14,278 4,044
Inventories (Note 6) ......................................................................... 14,039 14,714
Equipment on operating leases, net (Note 7) ...................................................... 2,398 1,782
Deferred income taxes (Note 18) ............................................................... 10,349 9,429
Other current assets .......................................................................... 1,662 1,536
Total current assets .......................................................................... 81,501 69,996
Non-current Assets
Restricted cash and marketable securities (Note 5) ................................................. 829 682
GM Financial receivables, net (Note 4)(including SPE receivables of $11,216 and $6,458; Note 12) .......... 14,354 6,954
Equity in net assets of nonconsolidated affiliates (Note 8) ........................................... 8,094 6,883
Property, net (Note 9) ........................................................................ 25,867 24,196
Goodwill (Note 10) .......................................................................... 1,560 1,973
Intangible assets, net (Note 11) ................................................................. 5,668 6,809
GM Financial equipment on operating leases, net (Note 7)(including SPE assets of $1,803 and $540;
Note 12) ................................................................................ 3,383 1,649
Deferred income taxes (Note 18) ............................................................... 22,736 27,922
Other assets ................................................................................ 2,352 2,358
Total non-current assets ...................................................................... 84,843 79,426
Total Assets ................................................................................. $ 166,344 $ 149,422
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable (principally trade) ............................................................ $ 23,621 $ 25,166
Short-term debt and current portion of long-term debt (Note 14) ......................................
Automotive (including certain debt at VIEs of $219 and $228; Note 12) .............................. 564 1,748
GM Financial (including certain debt at VIEs of $10,088 and $3,770; Note 12) ........................ 13,594 3,770
Accrued liabilities (Note 13) ................................................................... 24,633 23,308
Total current liabilities ....................................................................... 62,412 53,992
Non-current Liabilities
Long-term debt (Note 14)
Automotive (including certain debt at VIEs of $23 and $122; Note 12) ............................... 6,573 3,424
GM Financial (including certain debt at VIEs of $9,330 and $5,608; Note 12) ......................... 15,452 7,108
Postretirement benefits other than pensions (Note 15) ............................................... 5,897 7,309
Pensions (Note 15) .......................................................................... 19,483 27,420
Other liabilities and deferred income taxes (Note 13) ............................................... 13,353 13,169
Total non-current liabilities ................................................................... 60,758 58,430
Total Liabilities .............................................................................. 123,170 112,422
Commitments and contingencies (Note 17)
Equity (Note 21)
Preferred stock, $0.01 par value
Series A ................................................................................. 3,109 5,536
Series B ................................................................................. — 4,855
Common stock, $0.01 par value ................................................................ 15 14
Additional paid-in capital ..................................................................... 28,780 23,834
Retained earnings ........................................................................... 13,816 10,057
Accumulated other comprehensive loss .......................................................... (3,113) (8,052)
Total stockholders’ equity .................................................................... 42,607 36,244
Noncontrolling interests ...................................................................... 567 756
Total Equity ................................................................................. 43,174 37,000
Total Liabilities and Equity .................................................................... $ 166,344 $ 149,422
Reference should be made to the notes to consolidated financial statements.
56 2013 ANNUAL REPORT