For the year ending 2025-12-31, GM had $1,320M increase in cash & cash equivalents over the period. $17,564M in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | 2,780 | 5,963 | 9,840 | 9,708 |
| Depreciation and impairment of equipment on operating leases, net | 4,942 | 4,844 | 4,904 | 4,839 |
| Depreciation, amortization, and impairment charges on property, net | 9,646 | 7,545 | 6,984 | 6,451 |
| Foreign currency remeasurement and transaction (gains) losses | -363 | 321 | -349 | -172 |
| Undistributed earnings and impairment of nonconsolidated affiliates, net | -1,785 | -4,118 | -245 | -193 |
| Pension contributions and opeb payments | 539 | 1,518 | 1,100 | 790 |
| Pension and opeb (income) expense, net | 29 | 89 | 90 | -1,189 |
| Provision (benefit) for deferred taxes | -1,249 | 1,368 | -1,041 | 425 |
| Change in other operating assets and liabilities (note 24) | -9,056 | 1,529 | -1,822 | 2,977 |
| Other operating activities | 54 | -433 | -1,163 | -790 |
| Net cash provided by (used in) operating activities | 26,867 | 20,129 | 20,930 | 16,043 |
| Expenditures for property | 9,303 | 10,830 | 10,970 | 9,238 |
| Available-for-sale marketable securities, acquisitions | 2,339 | 3,986 | 4,429 | 11,837 |
| Available-for-sale marketable securities, liquidations | 3,012 | 4,331 | 9,345 | 8,057 |
| Purchases of finance receivables | 36,745 | 36,348 | 35,379 | 33,974 |
| Principal collections and recoveries on finance receivables | 35,109 | 31,784 | 28,346 | 26,887 |
| Proceeds from sale of finance receivables (note 5) | 2,005 | - | - | - |
| Purchases of leased vehicles | 15,793 | 15,279 | 13,640 | 11,949 |
| Proceeds from termination of leased vehicles | 10,095 | 10,892 | 13,033 | 14,234 |
| Other investing activities | 2,175 | 1,081 | 969 | 62 |
| Net cash provided by (used in) investing activities | -16,134 | -20,517 | -14,663 | -17,882 |
| Net increase (decrease) in short-term debt | -312 | 128 | -156 | 373 |
| Proceeds from issuance of debt (original maturities greater than three months) | 43,191 | 53,435 | 50,963 | 45,813 |
| Payments on debt (original maturities greater than three months) | 45,591 | 43,399 | 44,675 | 39,606 |
| Payments to purchase common stock (note 20) | 6,012 | 7,064 | 11,115 | 2,500 |
| Issuance (redemption) of subsidiary stock (note 20) | 29 | 101 | 0 | 2,121 |
| Dividends paid | 657 | 653 | 597 | 397 |
| Other financing activities | -180 | -407 | -774 | -1,178 |
| Net cash provided by (used in) financing activities | -9,590 | 1,938 | -6,353 | 383 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 177 | -503 | 54 | -138 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 1,320 | 1,047 | -31 | -1,594 |
| Cash and cash equivalents at beginning of period | 22,964 | 21,917 | 21,948 | 23,542 |
| Cash and cash equivalents at end of period | 24,284 | 22,964 | 21,917 | 21,948 |
General Motors Co (GM)
General Motors Co (GM)