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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2012
EARNINGS PER SHARE | 4. EARNINGS PER SHARE Earnings per share are computed as follows:
|  | 2012 |  |  | 2011 |  |  | 2010 |
Basic earnings per Common or Class B Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Magna International Inc. |  | $ | 1,433 |  |  | $ | 1,018 |  |  | $ | 1,003 |
Average number of Common and Class B Shares outstanding during the year |  |  | 232.4 |  |  |  | 239.3 |  |  |  | 230.0 |
Basic earnings per Common or Class B Share |  | $ | 6.17 |  |  | $ | 4.26 |  |  | $ | 4.36 |
Diluted earnings per Common or Class B Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Magna International Inc. |  | $ | 1,433 |  |  | $ | 1,018 |  |  | $ | 1,003 |
Average number of Common and Class B Shares outstanding during the year |  |  | 232.4 |  |  |  | 239.3 |  |  |  | 230.0 |
Adjustments |  |  |  |  |  |  |  |  |  |  |  |
Stock options and restricted stock [a] |  |  | 2.8 |  |  |  | 3.5 |  |  |  | 3.0 |
|  |  | 235.2 |  |  |  | 242.8 |  |  |  | 233.0 |
Diluted earnings per Common or Class B Share |  | $ | 6.09 |  |  | $ | 4.20 |  |  | $ | 4.30 |
[a] | Diluted earnings per Common or Class B Share exclude 2.3 million [2011 – 2.1 million; 2010 – 3.9 million] Common Shares issuable under the Company’s Incentive Stock Option Plan because these options were not “in-the-money”.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 + Details
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