Consolidated Balance Sheets USD (S) S in Millions Dec. 31, 2016 Dec. 31, 2017 2 Current Assets 3 Cash and cash equivalents $15.512 $12,574 11,841 Marketable securities (Note 4) 4 8,313 Calculate Gross Recievables S Accounts and notes receivable (net of allowance of $278 for 2017 and S212 for 2016) 6 nventories (Note 6) 7 Equipment on operating leases, net (Note 7) 8 Other current assets (Note 4; Note 12 at VIES) 9 Current assets held for sale (Note 3) 8.164 8,700 10,663 2017 2016 1,106 1.110 "Review A Exhibit 6-3 4,465 3,63 11.178 10 Total current assets 11 Non current Assets 68,344 76,201 12 Equity in net assets of nonconsolidated affiliates (Note ) 13 Property, net (Note 9) 14 Goodwill and intangible assets, net (Note 11) 19,073 8,996 36.251 12,00 16,149 15 Equipment on operating leases, net (Note 7 Note 12 at VIES) 16 Deferred income taxes (Note 18) 42,882 23.544 34,342 33,172 17 Other assets (Note 4 Note 12 at VIES 18 Non-current assets held for sale (Note 3 14,929 3,375 19 Total non-current assets 143,738 145,487 20 Total Assets 212.482 221,690 21 Current iabilties 22 Accounts payable (principally trade) 23 Accrued liabilities (Note 3) 24 Current liabilities held for sale (Note 3) 25 Total curent liabilities 23.929 21,333 25.891 25,996 12.158 76.890 85.181 26 Non-current Liabilities 27 Postretirement benefits other than pensions (Note 16) 28 Pensions (Note 16) 5, 5,801 13,74 15.264 29 Other liabilities (Note 13 12,394 12.415 30 Non curent kabilities held for sale (Note 3) 2626 28 Pensions (Note 16) 29 Other liabilities (Note 13) 13,746 15,264 12,394 12,415 30 Non-current liabilities held for sale (Note 3) 7,626 31 Total non-current liabilities 99,392 92,434 32 Total Liabilities 176,282 177,615 33 Commitments and contingencies (Note 17) 34 Equity (Note 20) 35 Common stock, $0.01 par value 14 15 36 Additional paid-in capital 25,371 26,983 37 Retained earnings 38 Accumulated other comprehensive loss 39 Total stockholders' equity 17,627 26,168 (8,011) 35,001 (9,330) 43,836 40 Noncontrolling interests 41 Total Equity 1,199 239 36,200 44,075 42 Total Liabilities and Equity 212,482 221,690 43 44 12 Months Ended Consolidated Income Statements - USD ($) shares in Millions, $ in Millions Dec. 31, 2017 Dec. 31, 2016 45 46 Net sales and revenue $ 133,449 $ 140,205 47 Automotive 12,139 8,979 48 GM Financial 149,184 49 Total net sales and revenue 145,588 50 Costs and expenses 51 Cost of Goods Sold 52 GM Financial interest, operating and other expenses 53 Automotive selling, general and administrative expense 54 Total costs and expenses 120,499 114,869 8,369 11,128 9,575 10,354 139,222 135,572 10,016 9,962 55 Operating income 563 575 56 Automotive interest expense 327 290 57 Interest income and other non-operating income, net Sheet1 55 Operating income 56 Automotive interest expense 57 Interest income and other non-operating income, net 10,016 9,962 575 563 290 327 58 Gain on extinguishment of debt 59 Equity income (Note 8) 2,282 2,132 50 Income before income taxes 11,863 12,008 51 Income tax expense (benefit) (Note 18) 11,533 2,739 62 Income from continuing operations 63 Income (loss) from discontinued operations, net of tax (Note 3) 64 Net income (loss) 330 9,269 (4,212) (1) (3,882) 9,268 65 Net loss attributable to noncontrolling interests 18 159 (3,864) $ (3,880) 9,427 66 Net income (loss) attributable to stockholders $9,427 67 Net income (loss) attributable to common stockholders 68 Earnings per share (Note 21) 69 Basic earnings per common share-continuing operations (in dollars per Basic earnings (loss) per common share - discontinued operations (in dollars per share) $0.23 are) $6.12 (2.88) 70 $(2.65) $6.12 71 Basic earnings (loss) per common share (in dollars per share) 72 Weighted-average common shares outstanding-basic (in shares) 73 Diluted earnings per common share-continuing operations (in dollars per share) Diluted earnings (loss) per common share - discontinued operations (in dollars per share) 1,465 1,540 $0.22 $6 (2.82) 74 $6 $(2.60) 75 Diluted earnings (loss) per common share (in dollars per share) 76 Weighted-average common shares outstanding-diluted (in shares) 1,492 1,570 77 Exhbit 6-3 Calculate Days Sales Receivables 2017 78 79 Exhibit 6-4 part B Calculate Average Receivables 2017 80 81 Exhibit 6-4 Calculate Accounts Receivable Turnover 2017 82 Sheet1 79 80 Calculate Average Receivables 2017 Exhibit 6-4 part B 81 82 Calculate Accounts Receivable Turnover 2017 Exhibit 6-4 83 84 Calculate Accounts Receivable Turnover in Days 2017 Exhibit 6-5 65 86 Calculate Day Sales Inventory 2017 Exhibit 6-8 87 88 Calculate Average Inventory 2017 89 90 Calculate Inventory Turnover 2017 Exhibit 6-9 91 92 Calculate Inventory Turnover in Days 2017 Exhibit 6-10 93 94 Working Capital Ratio 2017 95 Exhibit 6-12 96 Current Ratio 2017 97 Exhibit 6-13 90 Acid-Test Ratio 2017(First Example in Bookp.244) 99 100 h01 102 103 104 105 Cash Ratio 2017 Exhibit 6-17 Average Working Capital 2017 Exhibit 6-18 Part B Sales to Working Capital 2017 Exhibit 6-18 106 107