General Motors 2015 Annual Report Download - page 108

Download and view the complete annual report

Please find page 108 of the 2015 General Motors annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 162

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162

Table of Contents






Accounts receivable $ (254)
$ (1,248)
$ 8
Purchases of wholesale receivables, net (1,124)
(2,000)
Inventories (1,350)
(309)
59
Automotive equipment on operating leases 159
(1,949)
(968)
Change in other assets (397)
(213)
(563)
Accounts payable 1,953
19
(485)
Income taxes payable 60
(145)
(161)
Accrued liabilities and other liabilities (801)
6,089
784
Total $ (1,754)
$ 244
$ (1,326)

Cash paid for income taxes $ 800
$ 947
$ 727
Cash paid for interest (net of amounts capitalized) Automotive $ 348
$ 301
$ 299
Cash paid for interest (net of amounts capitalized) GM Financial 1,295
1,120
760
Total cash paid for interest (net of amounts capitalized) $ 1,643
$ 1,421
$ 1,059

In January 2016 we invested $500 million in Lyft, a privately held company, representing a 9% equity ownership interest. We plan to develop with Lyft an
integrated network of on-demand autonomous vehicles in the U.S. We applied the cost method of accounting to our investment in Lyft.
Also in January 2016 we announced the next step in our strategy to redefine personal mobility with a new car-sharing service called Maven, which
combines our multiple car-sharing programs under one single brand and will expand its offerings to multiple cities and communities in the U.S. Maven gives
customers access to highly personalized, on-demand mobility services.
104