XML 161 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 1,276 $ 684
Accounts receivable 5,927 6,548
Inventories 3,304 3,403
Prepaid expenses and other 238 193
Income taxes receivable   57
Assets held for sale   949
Total current assets 10,745 11,834
Investments 1,210 2,189
Fixed assets, net 8,260 8,095
Operating lease right of use assets 1,811  
Intangible assets, net 484 560
Goodwill 1,976 1,979
Deferred tax assets 308 300
Other assets 996 988
Consolidated total assets 25,790 25,945
Current liabilities    
Short-term borrowings 0 1,098
Accounts payable 5,628 6,094
Accrued salaries and wages 753 769
Other accrued liabilities 1,800 1,734
Income taxes payable 17  
Long-term debt due within one year 106 201
Current portion of operating lease liabilities 225  
Liabilities held for sale   408
Total current liability 8,529 10,304
Long-term debt 3,062 3,084
Operating lease liabilities 1,601  
Long-term employee benefit liabilities 677 597
Other long-term liabilities 371 400
Deferred tax liabilities 419 401
Total liability 14,659 14,786
Shareholders' equity    
Common Shares [issued: 2019 – 303,250,415; 2018 – 327,339,095] 3,198 3,380
Contributed surplus 127 120
Retained earnings 8,596 8,376
Accumulated other comprehensive loss (1,090) (1,175)
Stockholders equity attributable to Magna International Inc 10,831 10,701
Non-controlling interests 300 458
Total stockholder's equity 11,131 11,159
Total liability and stockholders' equity 25,790 25,945
Commitments and contingencies [notes 18, 23 and 24]