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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 684 $ 726
Accounts receivable 6,548 6,695
Inventories 3,403 3,542
Prepaid expenses and other 193 237
Income taxes receivable 57  
Assets held for sale 949  
Total current assets 11,834 11,200
Investments 2,189 2,079
Fixed assets, net 8,095 8,176
Intangible assets, net 560 650
Goodwill 1,979 2,099
Deferred tax assets 300 238
Other assets 988 1,026
Consolidated total assets 25,945 25,468
Current liabilities    
Short-term borrowings 1,098 259
Accounts payable 6,094 6,283
Accrued salaries and wages 769 836
Other accrued liabilities 1,734 1,739
Income taxes payable   18
Long-term debt due within one year 201 108
Liabilities held for sale 408  
Total current liability 10,304 9,243
Long-term debt 3,084 3,195
Long-term employee benefit liabilities 597 670
Other long-term liabilities 400 326
Deferred tax liabilities 401 322
Total liability 14,786 13,756
Shareholders' equity    
Common Shares [issued: 2018 - 327,339,095; 2017 - 358,063,217] 3,380 3,617
Contributed surplus 120 119
Retained earnings 8,376 8,074
Accumulated other comprehensive loss (1,175) (600)
Stockholders equity attributable to Magna International Inc 10,701 11,210
Non-controlling interests 458 502
Total stockholder's equity 11,159 11,712
Total liability and stockholders' equity 25,945 25,468
Commitments and contingencies [notes 17, 22 and 23]