XML 45 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 3,268 $ 1,276
Accounts receivable 6,394 5,927
Inventories 3,444 3,304
Prepaid expenses and other 260 238
Total current assets 13,366 10,745
Investments 947 1,210
Fixed assets, net 8,475 8,260
Operating lease right-of-use assets 1,906 1,811
Intangible assets, net 481 484
Goodwill 2,095 1,976
Deferred tax assets 372 308
Other assets 963 996
Consolidated total assets 28,605 25,790
Current liabilities    
Accounts payable 6,266 5,628
Other accrued liabilities 2,254 1,800
Accrued salaries and wages 815 753
Income taxes payable 38 17
Long-term debt due within one year 129 106
Current portion of operating lease liabilities 241 225
Total current liability 9,743 8,529
Long-term debt 3,973 3,062
Operating lease liabilities 1,656 1,601
Long-term employee benefit liabilities 729 677
Other long-term liabilities 332 371
Deferred tax liabilities 452 419
Total liability 16,885 14,659
Shareholders' equity    
Common Shares [issued: 2020 – 300,527,416; 2019 – 303,250,415] 3,271 3,198
Contributed surplus 128 127
Retained earnings 8,704 8,596
Accumulated other comprehensive loss (733) (1,090)
Stockholders equity attributable to Magna International Inc 11,370 10,831
Non-controlling interests 350 300
Total stockholder's equity 11,720 11,131
Total liability and stockholders' equity 28,605 25,790
Commitments and contingencies [notes 15, 16, 21 and 22]