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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Sales $ 39,431 $ 40,827
Costs and expenses    
Cost of goods sold 34,022 35,055
Depreciation and amortization 1,345 1,278
Selling, general and administrative 1,697 1,664
Interest expense, net 82 93
Equity income (178) (277)
Other expense, net 240 63
Income from operations before income taxes 2,223 2,951
Income taxes 591 619
Net income 1,632 2,332
Loss (income) attributable to non-controlling interests 133 (36)
Net income attributable to Magna International Inc. $ 1,765 $ 2,296
Earnings per Common Share:    
Basic $ 5.61 $ 6.65
Diluted $ 5.59 $ 6.61
Weighted average number of Common Shares outstanding during the year [in millions]:    
Basic 314.7 345.4
Diluted 315.8 347.5