CONSOLIDATED INCOME STATEMENTS (In millions) 2020 Years Ended December 31, 2019 2018 Net sales and revenue Automotive $ 108,673 $ 122,697 S 133,045 GM Financial 13,812 14,540 14,004 Total net sales and revenue (Note 3) 122,485 137,237 147,049 Costs and expenses Automotive and other cost of sales 97,539 110,651 120,656 GM Financial interest, operating and other expenses 11,274 12,614 12,298 Automotive and other selling, general and administrative expense 7,038 8,491 9,650 Total costs and expenses 115.851 131,756 142,604 Operating income 6,634 5,481 4,445 Automotive interest expense 1,098 782 655 Interest income and other non-operating income, net (Note 19) 1,885 1,469 2,596 Equity income (Note 8) 674 1,268 2,163 Income before income taxes 8,095 7,436 8,549 Income tax expense (Note 17) 1,774 769 474 Income from continuing operations 6,321 6,667 8,075 Loss from discontinued operations, net of tax (Note 22) 70 Net income 6,321 6,667 8,005 Net loss attributable to noncontrolling interests Net income attributable to stockholders 106 65 9 $ 6,427 $ 6,732 8,014