CONSOLIDATED AND SECTOR STATEMENT OF CASH FLOWS (USD $) | | | | |
In Millions | 12 Months Ended
Dec. 31, 2009
| 12 Months Ended
Dec. 31, 2008
| 12 Months Ended
Dec. 31, 2007
| Dec. 31, 2006
|
Cash flows from operating activities of continuing operations | | | | |
Net cash (used in)/provided by operating activities (Note 27) | $16,042 | ($179) | $17,074 | |
Cash flows from investing activities of continuing operations | | | | |
Capital expenditures (Note 28) | (4,561) | (6,696) | (6,022) | |
Acquisitions of retail and other finance receivables and operating leases | (26,392) | (44,562) | (55,681) | |
Collections of retail and other finance receivables and operating leases | 39,884 | 42,061 | 45,498 | |
Purchases of securities | (78,789) | (64,754) | (11,423) | |
Sales and maturities of securities | 74,933 | 62,046 | 18,660 | |
Settlements of derivatives | 478 | 2,533 | 861 | |
Proceeds from sales of retail and other finance receivables and operating leases | 911 | | 708 | |
Proceeds from sale of businesses | 382 | 6,854 | 1,236 | |
Cash paid for acquisitions | | (13) | | |
Transfer of cash balances upon disposition of discontinued/held-for-sale operations | | (928) | (83) | |
Other | (377) | 316 | (211) | |
Net cash (used in)/provided by investing activities | 6,469 | (3,143) | (6,457) | |
Cash flows from financing activities of continuing operations | | | | |
Sales of Common Stock | 2,450 | 756 | 250 | |
Purchases of Common Stock | | | (31) | |
Changes in short-term debt | (5,935) | (5,120) | 919 | |
Proceeds from issuance of other debt | 45,990 | 42,163 | 33,113 | |
Principal payments on other debt | (61,894) | (46,299) | (39,431) | |
Payments on notes/transfer of cash equivalents to the UAW Voluntary Employee Benefit Association ("VEBA") Trust (Note 18) | (2,574) | | | |
Other | (996) | (604) | (88) | |
Net cash (used in)/provided by financing activities | (22,959) | (9,104) | (5,268) | |
Effect of exchange rate changes on cash | 470 | (808) | 1,014 | |
Cumulative correction of Financial Services prior-period error (Note 1) | (630) | | | |
Net increase/(decrease) in cash and cash equivalents from continuing operations | (608) | (13,234) | 6,363 | |
Cash flows from discontinued operations | | | | |
Cash flows from operating activities of discontinued operations | | | 26 | |
Cash flows from investing activities of discontinued operations | | | 0 | |
Cash flows from financing activities of discontinued operations | | | 0 | |
Net increase/(decrease) in cash and cash equivalents | (608) | (13,234) | 6,389 | |
Cash and cash equivalents at January 1 | 22,049 | 35,283 | 28,896 | |
Cash and cash equivalents of discontinued/held-for-sale operations at January 1 | | 0 | (2) | |
Net increase/(decrease) in cash and cash equivalents | (608) | (13,234) | 6,389 | |
Less: Cash and cash equivalents of discontinued/held-for-sale operations at December 31 | | | 0 | (2) |
Cash and cash equivalents at December 31 | 21,441 | 22,049 | 35,283 | 28,896 |
Automotive [Member] | | | | |
Cash flows from operating activities of continuing operations | | | | |
Net cash (used in)/provided by operating activities (Note 27) | 4,091 | (12,440) | 8,725 | |
Cash flows from investing activities of continuing operations | | | | |
Capital expenditures (Note 28) | (4,545) | (6,620) | (5,971) | |
Purchases of securities | (52,882) | (41,347) | (2,628) | |
Sales and maturities of securities | 47,009 | 43,617 | 2,686 | |
Settlements of derivatives | (76) | 1,157 | 1,051 | |
Proceeds from sale of businesses | 8 | 3,156 | 1,079 | |
Cash paid for acquisitions | | (13) | | |
Transfer of cash balances upon disposition of discontinued/held-for-sale operations | | (928) | (83) | |
Investing activity from Financial Services | 19 | 9 | | |
Investing activity to Financial Services | | | (18) | |
Other | (698) | 40 | 19 | |
Net cash (used in)/provided by investing activities | (11,165) | (929) | (3,865) | |
Cash flows from financing activities of continuing operations | | | | |
Sales of Common Stock | 2,450 | 756 | 250 | |
Purchases of Common Stock | | | (31) | |
Changes in short-term debt | 227 | 104 | (90) | |
Proceeds from issuance of other debt | 14,727 | 203 | 240 | |
Principal payments on other debt | (3,013) | (594) | (837) | |
Payments on notes/transfer of cash equivalents to the UAW Voluntary Employee Benefit Association ("VEBA") Trust (Note 18) | (2,574) | | | |
Other | (395) | (252) | 35 | |
Net cash (used in)/provided by financing activities | 11,422 | 217 | (433) | |
Effect of exchange rate changes on cash | 179 | (309) | 506 | |
Net change in intersector receivables/payables and other liabilities | (595) | (840) | (291) | |
Net increase/(decrease) in cash and cash equivalents from continuing operations | 3,932 | (14,301) | 4,642 | |
Cash flows from discontinued operations | | | | |
Cash flows from operating activities of discontinued operations | | | 16 | |
Cash flows from investing activities of discontinued operations | | | 0 | |
Cash flows from financing activities of discontinued operations | | | 0 | |
Net increase/(decrease) in cash and cash equivalents | 3,932 | (14,301) | 4,658 | |
Cash and cash equivalents at January 1 | 6,377 | 20,678 | 16,022 | |
Cash and cash equivalents of discontinued/held-for-sale operations at January 1 | | 0 | (2) | |
Net increase/(decrease) in cash and cash equivalents | 3,932 | (14,301) | 4,658 | |
Less: Cash and cash equivalents of discontinued/held-for-sale operations at December 31 | | | 0 | (2) |
Cash and cash equivalents at December 31 | 10,309 | 6,377 | 20,678 | 16,022 |
Financial Services [Member] | | | | |
Cash flows from operating activities of continuing operations | | | | |
Net cash (used in)/provided by operating activities (Note 27) | 5,153 | 9,107 | 6,402 | |
Cash flows from investing activities of continuing operations | | | | |
Capital expenditures (Note 28) | (16) | (76) | (51) | |
Acquisitions of retail and other finance receivables and operating leases | (26,392) | (44,562) | (55,681) | |
Collections of retail and other finance receivables and operating leases | 40,013 | 42,479 | 45,518 | |
Net (increase)/decrease in wholesale receivables | 5,542 | 2,736 | 1,927 | |
Purchases of securities | (27,555) | (23,831) | (8,795) | |
Sales and maturities of securities | 28,326 | 18,429 | 15,974 | |
Settlements of derivatives | 554 | 1,376 | (190) | |
Proceeds from sales of retail and other finance receivables and operating leases | 911 | | 708 | |
Proceeds from sale of businesses | 374 | 3,698 | 157 | |
Other | 321 | 276 | (230) | |
Net cash (used in)/provided by investing activities | 22,078 | 525 | (663) | |
Cash flows from financing activities of continuing operations | | | | |
Changes in short-term debt | (6,162) | (5,224) | 1,009 | |
Proceeds from issuance of other debt | 31,263 | 41,960 | 32,873 | |
Principal payments on other debt | (56,508) | (45,281) | (38,594) | |
Financing activity from Automotive | | | 18 | |
Financing activity to Automotive | (19) | (9) | | |
Other | (601) | (352) | (123) | |
Net cash (used in)/provided by financing activities | (32,027) | (8,906) | (4,817) | |
Effect of exchange rate changes on cash | 291 | (499) | 508 | |
Net change in intersector receivables/payables and other liabilities | 595 | 840 | 291 | |
Cumulative correction of Financial Services prior-period error (Note 1) | (630) | | | |
Net increase/(decrease) in cash and cash equivalents from continuing operations | (4,540) | 1,067 | 1,721 | |
Cash flows from discontinued operations | | | | |
Cash flows from operating activities of discontinued operations | | | 10 | |
Cash flows from investing activities of discontinued operations | | | 0 | |
Cash flows from financing activities of discontinued operations | | | 0 | |
Net increase/(decrease) in cash and cash equivalents | (4,540) | 1,067 | 1,731 | |
Cash and cash equivalents at January 1 | 15,672 | 14,605 | 12,874 | |
Cash and cash equivalents of discontinued/held-for-sale operations at January 1 | | | 0 | |
Net increase/(decrease) in cash and cash equivalents | (4,540) | 1,067 | 1,731 | |
Less: Cash and cash equivalents of discontinued/held-for-sale operations at December 31 | | | | 0 |
Cash and cash equivalents at December 31 | $11,132 | $15,672 | $14,605 | $12,874 |