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Earnings Per Share | 12 Months Ended
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Dec. 31, 2014
Earnings Per Share [Abstract] |
Earnings Per Share | 4. EARNINGS PER SHARE Earnings per share are computed as follows:
|  | 2014 |  |  | 2013 |  |  | 2012 |
Basic earnings per Common Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Magna International Inc. |  | $ | 1,882 |  |  | $ | 1,561 |  |  | $ | 1,433 |
Weighted average number of Common Shares outstanding during the year |  |  | 213.6 |  |  |  | 227.9 |  |  |  | 232.4 |
Basic earnings per Common Share |  | $ | 8.81 |  |  | $ | 6.85 |  |  | $ | 6.17 |
Diluted earnings per Common Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Magna International Inc. |  | $ | 1,882 |  |  | $ | 1,561 |  |  | $ | 1,433 |
Weighted average number of Common Shares outstanding during the year |  |  | 213.6 |  |  |  | 227.9 |  |  |  | 232.4 |
Adjustments |  |  |  |  |  |  |  |  |  |  |  |
Stock options and restricted stock [a] |  |  | 3.0 |  |  |  | 2.9 |  |  |  | 2.8 |
|  |  | 216.6 |  |  |  | 230.8 |  |  |  | 235.2 |
Diluted earnings per Common Share |  | $ | 8.69 |  |  | $ | 6.76 |  |  | $ | 6.09 |
[a] | Diluted earnings per Common Share exclude 0.1 million [2013 – 0.1 million; 2012 – 2.3 million] Common Shares issuable under the Company’s Incentive Stock Option Plan because these options were not “in-the-money”.

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