General Motors 2015 Annual Report Download - page 21
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Table of Contents
and any changes in government laws and regulations. Future funding requirements generally increase if the discount rate decreases or if actual asset returns
are lower than expected asset returns, assuming other factors are held constant. Our potential funding requirements are described in Note 13 to our
consolidated financial statements.
Factors which affect future funding requirements for our U.S. defined benefit plans generally affect the required funding for non-U.S. plans. Certain plans
outside the U.S. do not have assets and therefore the obligation is funded as benefits are paid. If local legal authorities increase the minimum funding
requirements for our non-U.S. plans, we could be required to contribute more funds.
* * * * * * *
None
* * * * * * *
At December 31, 2015 we had over 100 locations in the U.S., excluding our automotive financing operations and dealerships, which are primarily for
manufacturing, assembly, distribution, warehousing, engineering and testing. Leased properties are primarily composed of warehouses and administration,
engineering and sales offices.
We have assembly, manufacturing, distribution, office or warehousing operations in 59 countries, including equity interests in associated companies which
perform assembly, manufacturing or distribution operations. The major facilities outside the U.S., which are principally vehicle manufacturing and assembly
operations, are located in:
• Argentina • China • India • South Africa • Uzbekistan
• Australia • Colombia • Kenya • South Korea • Venezuela
• Brazil • Ecuador • Mexico • Spain • Vietnam
• Canada • Egypt • Poland • Thailand
• Chile • Germany • Russia • United Kingdom
GM Financial leases facilities for administration and regional credit centers. GM Financial has 50 facilities, of which 22 are located in the U.S. The major
facilities outside the U.S. are located in Brazil, Canada, China, Germany, Mexico and the United Kingdom.
We, our subsidiaries, or associated companies in which we own an equity interest, own most of the above facilities.
* * * * * * *
Refer to Note 15 to our consolidated financial statements for information relating to legal proceedings.
* * * * * * *
Not applicable
* * * * * * *
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