General Motors 2010 Annual Report Download - page 281

GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Successor
GMNA GME GMIO GMSA Corporate Eliminations
Total
Automotive
At and For the Period July 10, 2009 Through
December 31, 2009
Sales
External customers .......................... $31,454 $11,340 $ 7,221 $ 7,314 $ — $ — $ 57,329
Intersegment ............................... 972 139 1,346 81 — (2,538) —
Other revenue ..............................——— 4141 — 145
Total net sales and revenue ...................... $32,426 $11,479 $ 8,567 $ 7,399 $ 141 $ (2,538) $ 57,474
Income (loss) before interest and income taxes ...... $(4,820) $ (814) $ 789 $ 417 $ (314) $ (45) $ (4,787)
Interest income ............................... 184 184
Interest expense ............................... 694 694
Income tax expense (benefit) .................... (1,000) (1,000)
Net income (loss) attributable to stockholders ....... $ 176 $ (4,297)
Equity in net assets of nonconsolidated affiliates ..... $ 1,928 $ 180 $ 5,798 $ 3 $ 27 $ — $ 7,936
Total assets .................................. $78,719 $18,824 $17,530 $11,295 $36,475 $(26,548) $136,295
Expenditures for property ....................... $ 911 $ 547 $ 272 $ 131 $ 1 $ — $ 1,862
Depreciation, amortization and impairment of long-
lived assets and finite-lived intangible assets .... $ 2,732 $ 938 $ 237 $ 224 $ 110 $ — $ 4,241
Equity income (loss), net of tax .................. $ (7) $ 8 $ 495 $ 1 $ — $ — $ 497
Significant noncash charges (gains)
Contingent Adjustment Shares ................. $ — $ — $ — $ — $ 162 $ — $ 162
Reversal of valuation allowances against deferred
tax assets (a) .............................————(63) — (63)
Impairment charges related to investment in Ally
Financial common stock ....................————270 — 270
UAW OPEB healthcare settlement .............. 2,571——— — —2,571
Total significant noncash charges ................. $ 2,571 $ — $ — $ — $ 369 $ — $ 2,940
(a) Amounts exclude changes related to income tax expense (benefit) in jurisdictions with a full valuation allowance throughout the
period.
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