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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Statement of Comprehensive Income [Abstract]    
Net income $ 1,286 $ 641
Other comprehensive income (loss), net of tax:    
Net unrealized gain (loss) on translation of net investment in foreign operations 166 (531)
Net unrealized gain on cash flow hedges 94 1
Reclassification of net gain on cash flow hedges to net income (56) (20)
Reclassification of net loss on pensions to net income 1 6
Reclassification of loss on translation of net investment in foreign operations to income 0 203
Pension and post-retirement benefits (5) 82
Other comprehensive income (loss) 200 (259)
Comprehensive income 1,486 382
Comprehensive income attributable to non-controlling interests (56) (13)
Comprehensive income attributable to Magna International Inc. $ 1,430 $ 369