CONSOLIDATED BALANCE SHEETS (In millions, except per share amounts) December 31, 2020 December 31, 2019 ASSETS Current Assets Cash and cash equivalents $ 19,992 $ 19,069 Marketable debt securities (Note 4) 9,046 4,174 Accounts and notes receivable (net of allowance of $224 and $201) 8,035 6,797 GM Financial receivables, net (Note 5; Note 11 at VIEs) 26,209 26,601 Inventories (Note 6) 10,235 10,398 Other current assets (Note 4; Note 11 at VIEs) 7,407 7,953 Total current assets 80,924 74,992 Non-current Assets GM Financial receivables, net (Note 5; Note 11 at VIEs) 31,783 26,355 Equity in net assets of nonconsolidated affiliates (Note 8) 8.406 8,562 Property, net (Note 9) 37.632 38,750 Goodwill and intangible assets, net (Note 10) 5,230 5,337 Equipment on operating leases, net (Note 7; Note 11 at VIEs) 39,819 42,055 Deferred income taxes (Note 17) 24,136 24,640 Other assets (Note 4; Note 11 at VIEs) 7,264 7,346 Total non-current assets 154,270 153,045 Total Assets $ 235,194 $ 228,037 LIABILITIES AND EQUITY Current Liabilities Accounts payable (principally trade) $ 19,928 $ 21,018 Short-term debt and current portion of long-term debt (Note 13) Automotive 1,276 1,897 GM Financial (Note 11 at VIEs) 35,637 35,503 Accrued liabilities (Note 12) 23,069 26,487 Total current liabilities 79,910 84,905 Non-current Liabilities Long-term debt (Note 13) Automotive 16,193 12,489 GM Financial (Note 11 at VIEs) 56,788 53,435 Postretirement benefits other than pensions (Note 15) 6,277 5,935 Pensions (Note 15) 12,902 12,170 Other liabilities (Note 12) 13,447 13,146 Total non-current liabilities 105,607 97,175 Total Liabilities 185,517 182,080 Commitments and contingencies (Note 16) Equity (Note 20) Common stock, $0.01 par value 14 14 Additional paid-in capital 26,542 26,074 Retained earnings 31,962 26,860