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Other Expense, Net (Tables) | 12 Months Ended
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Dec. 31, 2023
Other Income and Expenses [Abstract] |
Other Expense, Net | Other expense, net consists of:
|  | 2023 |  |  | 2022 |
Investments [a] |  | $ | 201 |  |  | $ | 221 |
Restructuring [b] |  |  | 148 |  |  |  | 22 |
Veoneer Active Safety Business transaction costs [c] |  |  | 23 |  |  |  | — |
Impairments and loss on sale of operations in Russia [d] |  |  | 16 |  |  |  | 376 |
Loss on sale of business [e] |  |  | — |  |  |  | 58 |
Impairments [f] |  |  | — |  |  |  | 26 |
Other expense, net |  | $ | 388 |  |  | $ | 703 |
Summary of Net Losses or Gains on Investments |
|  | 2023 |  |  | 2022 |
Revaluation of public company warrants |  | $ | 110 |  |  | $ | 173 |
Non-cash impairment charges [i] |  |  | 90 |  |  |  | — |
Revaluation of public and private equity investments |  |  | 1 |  |  |  | 49 |
Net gain on sale of public equity investments |  |  | — |  |  |  | (1 | )
Other expense, net |  |  | 201 |  |  |  | 221 |
Tax effect |  |  | (28 | ) |  |  | (53 | )
Net loss attributable to Magna |  | $ | 173 |  |  | $ | 168 |
| [i] | The non-cash impairment charges relate to impairments of private equity investments and related long-term receivables within Other assets.

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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