XML 86 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
Sales $ 34,835 $ 30,837 $ 28,748
Costs and expenses      
Cost of goods sold 30,287 27,019 25,434
Depreciation and amortization 1,063 801 686
Selling, general and administrative 1,616 1,510 1,382
Interest expense (income), net 16 16 (6)
Equity income (196) (151) (121)
Other expense (income), net 144 (108) 156
Income from operations before income taxes 1,905 1,750 1,217
Income taxes 360 324 202
Net income 1,545 1,426 1,015
Net loss attributable to non-controlling interests 16 7 3
Net income attributable to Magna International Inc. $ 1,561 $ 1,433 $ 1,018
Earnings per Common Share:      
Basic $ 6.85 $ 6.17 $ 4.26
Diluted $ 6.76 $ 6.09 $ 4.20
Cash dividends paid per Common Share $ 1.28 $ 1.10 $ 1.00
Average number of Common Shares outstanding during the year [in millions]:      
Basic 227.9 232.4 239.3
Diluted 230.8 235.2 242.8