GENERAL MOTORS COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions, except per share amounts) ASSETS December 31, 2020 December 31, 2019 Current Assets Cash and cash equivalents Marketable debt securities (Note 4) Accounts and notes receivable (net of allowance of $224 and $201) GM Financial receivables, net (Note 5; Note 11 at VIES) Inventories (Note 6) Other current assets (Note 4: Note 11 at VIES) Total current assets - Non-current Assets GM Financial receivables, net (Note 5; Note 11 at VIES) 19,992 $ 19,069 9,046 4,174 8,035 6,797 26,209 26,601 10,235 10,398 7407 7,953 80,924 74,992 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 S 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 GM Financial (Note 11 at VIES) Accrued liabilities (Note 12). Total current liabilities Non-current Liabilities 1,276 1,897 35,637 35,503 23,069 26,487 79,910 84,905 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 Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total stockholders' equity Noncontrolling interests Total Equity Total Liabilities and Equity 14 14 26,542 26,074 31,962 26.860 (13,488) (11,156) 45,030 41,792 4,647 4,165 49.677 45.957 235,194 S 228,037 Please review the above Balance Sheet for General Motors Company and complete the table below by locating the December 31, 2020 and December 31, 2019 Total Assets, Liabilities, and Equity for the General Motors Company? Then, look at the change in accounts from 2019 to 2020 and select the option that reflects if you think the trend is upward or downward. Total Assets 2020 Trending which way? 2019 $ Select an answer S Total Select an answer Liabilities Total Equity Select an