General Motors 2015 Annual Report Download - page 55
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Table of Contents
Automotive $ 145,922
$ 151,092
$ 152,092
GM Financial 6,434
4,837
3,335
Total net sales and revenue 152,356
155,929
155,427
Automotive cost of sales (Note 11) 128,321
138,082
134,925
GM Financial interest, operating and other expenses 5,733
4,039
2,448
Automotive selling, general and administrative expense 13,405
12,158
12,382
Goodwill impairment charges (Note 9) —
120
541
Total costs and expenses 147,459
154,399
150,296
Operating income 4,897
1,530
5,131
Automotive interest expense 443
403
334
Interest income and other non-operating income, net (Note 18) 621
823
1,063
Gain (loss) on extinguishment of debt (Note 12) 449
202
(212)
Equity income (Note 7) 2,194
2,094
1,810
Income before income taxes 7,718
4,246
7,458
Income tax expense (benefit) (Note 16) (1,897)
228
2,127
9,615
4,018
5,331
Net (income) loss attributable to noncontrolling interests 72
(69)
15
$ 9,687
$ 3,949
$ 5,346
$ 9,687
$ 2,804
$ 3,770
Basic earnings per common share $ 6.11
$ 1.75
$ 2.71
Weighted-average common shares outstanding 1,586
1,605
1,393
Diluted earnings per common share $ 5.91
$ 1.65
$ 2.38
Weighted-average common shares outstanding 1,640
1,687
1,676
Reference should be made to the notes to consolidated financial statements.
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