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EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2012

Computation of 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”.