1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | ||||||||||||
2013 | |||||||||||||||
Total net sales and revenue | $ | 36,884 | $ | 39,075 | $ | 38,983 | $ | 40,485 | |||||||
Automotive gross margin | $ | 3,727 | $ | 4,416 | $ | 4,954 | $ | 4,070 | |||||||
Net income | $ | 1,185 | $ | 1,388 | $ | 1,705 | $ | 1,053 | |||||||
Net income attributable to stockholders | $ | 1,175 | $ | 1,414 | $ | 1,717 | $ | 1,040 | |||||||
Earnings per share, basic | $ | 0.63 | $ | 0.87 | $ | 0.50 | $ | 0.64 | |||||||
Earnings per share, diluted | $ | 0.58 | $ | 0.75 | $ | 0.45 | $ | 0.57 |
1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | ||||||||||||
2012 | |||||||||||||||
Total net sales and revenue | $ | 37,759 | $ | 37,614 | $ | 37,576 | $ | 39,307 | |||||||
Automotive gross margin | $ | 4,418 | $ | 4,449 | $ | 4,327 | $ | (3,135 | ) | ||||||
Net income | $ | 1,350 | $ | 1,901 | $ | 1,854 | $ | 1,031 | |||||||
Net income attributable to stockholders | $ | 1,315 | $ | 1,846 | $ | 1,833 | $ | 1,194 | |||||||
Earnings per share, basic | $ | 0.64 | $ | 0.95 | $ | 0.94 | $ | 0.58 | |||||||
Earnings per share, diluted | $ | 0.60 | $ | 0.90 | $ | 0.89 | $ | 0.54 |
• | Benefit from the release of GM Korea wage litigation accruals of $846 million in GMIO. |
• | Property and intangible asset impairment charges of $805 million at Holden and GM India in GMIO. |
• | Charges of $745 million related to our plans to cease mainstream distribution of Chevrolet brand in Europe in GMIO. |
• | Gain on sale of equity investment in Ally Financial of $483 million in Corporate. |
• | Goodwill impairment charges of $481 million in GMIO. |
• | Tax benefit of $473 million from remeasurement of uncertain tax position in Corporate. |
• | Gain on sale of equity investment in PSA of $152 million in GME. |
• | Charge of $162 million in GMSA for the Venezuela currency devaluation. |
• | Deferred tax asset valuation allowance release of $36.3 billion in the U.S. and Canada. |
• | Goodwill impairment charges of $26.5 billion in GMNA and GMIO. |
• | Property, plant and equipment impairment charges of $3.7 billion in GME. |
• | Pension settlement charge of $2.6 billion in GMNA. |
• | Intangible asset impairment charges of $1.8 billion in GME. |
• | Charge of $525 million for GM Korea hourly wage litigation. |
• | Charge of $402 million which represents the premium paid to purchase our common stock from the UST in Corporate. |
• | Goodwill impairment charges of $617 million in GMIO and GME. |