Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2017

Earnings per share are computed as follows:


	2017		2016
Basic earnings per Common Share:
Net income attributable to Magna International Inc.	$	2,206	$	2,031

Weighted average number of Common Shares outstanding during the year		371.8		391.0

Basic earnings per Common Share	$	5.93	$	5.19

Diluted earnings per Common Share:
Net income attributable to Magna International Inc.	$	2,206	$	2,031

Weighted average number of Common Shares outstanding during the year		371.8		391.0
Adjustments
Stock options and restricted stock [a]		2.1		2.2

		373.9		393.2

Diluted earnings per Common Share	$	5.90	$	5.16

[a]

Diluted earnings per Common Share exclude 1.2 million [2016 – 3.4 million] Common Shares issuable under the Company’s Incentive Stock Option Plan because these options were not “in-the-money”. The dilutive effect of participating securities using the two-class method was excluded from the calculation of earnings per share because the effect would be immaterial.