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Earnings Per Share (Tables) | 12 Months Ended
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Dec. 31, 2013
Earnings Per Share [Abstract] |
Computation of Earnings Per Share | Earnings per share are computed as follows:
|  | 2013 |  |  | 2012 |  |  | 2011 |
Basic earnings per Common Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Magna International Inc. |  | $ | 1,561 |  |  | $ | 1,433 |  |  | $ | 1,018 |
Average number of Common Shares outstanding during the year |  |  | 227.9 |  |  |  | 232.4 |  |  |  | 239.3 |
Basic earnings per Common Share |  | $ | 6.85 |  |  | $ | 6.17 |  |  | $ | 4.26 |
Diluted earnings per Common Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Magna International Inc. |  | $ | 1,561 |  |  | $ | 1,433 |  |  | $ | 1,018 |
Average number of Common Shares outstanding during the year |  |  | 227.9 |  |  |  | 232.4 |  |  |  | 239.3 |
Adjustments |  |  |  |  |  |  |  |  |  |  |  |
Stock options and restricted stock [a] |  |  | 2.9 |  |  |  | 2.8 |  |  |  | 3.5 |
|  |  | 230.8 |  |  |  | 235.2 |  |  |  | 242.8 |
Diluted earnings per Common Share |  | $ | 6.76 |  |  | $ | 6.09 |  |  | $ | 4.20 |
[a] | Diluted earnings per Common Share exclude 0.1 million [2012 - 2.3 million; 2011 - 2.1 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 Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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