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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Sales $ 36,242 $ 32,647
Costs and expenses    
Cost of goods sold 31,097 28,207
Depreciation and amortization 1,512 1,366
Selling, general and administrative 1,717 1,587
Interest expense, net 78 86
Equity income (148) (189)
Other expense, net 38 584
Income from operations before income taxes 1,948 1,006
Income taxes 395 329
Net income 1,553 677
(Income) loss attributable to non-controlling interests (39) 80
Net income attributable to Magna International Inc. $ 1,514 $ 757
Earnings per Common Share:    
Basic $ 5.04 $ 2.52
Diluted $ 5.00 $ 2.52
Weighted average number of Common Shares outstanding during the year [in millions]:    
Basic 300.6 299.7
Diluted 302.8 300.4