GENERAL MOTORS
GM%20Strategic%20and%20Operational%20Overview_
GM%20Strategic%20and%20Operational%20Overview_
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Capital Allocation Framework<br />
Reinvest in Business<br />
to Drive Growth and<br />
20+% ROIC<br />
Maintain<br />
$20B Target<br />
Cash<br />
Maintain Strong<br />
Investment Grade<br />
Balance Sheet<br />
Return All<br />
Available<br />
Free Cash<br />
Flow<br />
to<br />
Shareholders<br />
• 2015: Returned ~$6B to<br />
shareholders, including<br />
$3.5B in share<br />
repurchases<br />
• 1Q16: Upsized initial<br />
share repurchase<br />
program to $9B through<br />
2017<br />
• 1Q16: Increased<br />
quarterly dividend 6% to<br />
$0.38 per share<br />
Driving Shareholder Value Now And In The Future<br />
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