← MAGNA INTERNATIONAL INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $2.0b $2.2b $2.3b $1.8b $757.0m $1.5b $592.0m $1.2b $1.0b $829.0m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $2.1b $2.3b — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $2.0b — — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest — $49.0m $36.0m ($133.0m) ($80.0m) $39.0m $49.0m $73.0m $87.0m $54.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $2.1b $2.3b $2.3b $1.6b $677.0m $1.6b $641.0m $1.3b $1.1b $883.0m
Amortization of Intangible Assets $100.0m $125.0m $84.0m $93.0m $85.0m $114.0m $106.0m $137.0m $167.0m $166.0m
Depreciation — — — — — — — $1.4b $1.5b $1.5b
Depreciation and amortization $1.1b $1.2b $1.3b $1.3b $1.4b $1.5b $1.4b $1.4b — —
Deferred Income Tax Expense (Benefit) $20.0m ($3.0m) $28.0m $7.0m $17.0m ($76.0m) ($220.0m) ($261.0m) ($110.0m) ($41.0m)
Goodwill, Impairment Loss — — — — — — — — — $379.0m
Impairment of Intangible Assets, Finite-lived — — — — — — — — — $212.0m
Payment, Tax Withholding, Share-based Payment Arrangement — $11.0m $16.0m $9.0m $13.0m $13.0m $15.0m $11.0m $8.0m $5.0m
Restructuring Costs and Asset Impairment Charges — — — — $269.0m $101.0m $48.0m — — —
Gain (Loss) on Disposition of Business — — — $524.0m — ($75.0m) ($58.0m) $0 — —
Income (Loss) from Equity Method Investments $233.0m $261.0m $277.0m $178.0m $189.0m $148.0m $89.0m $112.0m $101.0m $143.0m
Income Tax Expense (Benefit) $706.0m $744.0m $619.0m $591.0m $329.0m $395.0m $237.0m $320.0m $446.0m $425.0m
Increase in public and private equity investments — — — ($10.0m) ($132.0m) ($68.0m) ($29.0m) ($11.0m) ($12.0m) ($8.0m)
Operating Lease, Expense — — $361.0m — — — — — — —
Other Nonoperating Income (Expense) ($30.0m) ($39.0m) ($63.0m) ($240.0m) ($584.0m) ($38.0m) ($703.0m) ($388.0m) ($464.0m) ($736.0m)
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions $9.0m $6.0m ($33.0m) ($69.0m) — ($11.0m) $24.0m ($37.0m) ($78.0m) ($22.0m)
Changes in operating assets and liabilities:
Additional Financial Items
Acquisition of non-controlling interest — — — — — — — — $0 ($122.0m)
Acquisitions ($1.9b) — ($148.0m) ($147.0m) — — ($3.0m) ($1.5b) ($86.0m) ($1.0m)
Cash used for financing activities ($1.0b) ($1.6b) ($1.4b) ($2.9b) $81.0m ($1.1b) ($1.7b) $1.3b ($989.0m) ($1.5b)
Decrease in short-term borrowings $386.0m ($530.0m) $866.0m ($1.1b) ($31.0m) ($101.0m) $11.0m $487.0m ($182.0m) ($318.0m)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — — $1.2b — — — — — —
Fixed asset additions ($1.8b) ($1.9b) ($1.6b) ($1.4b) ($1.1b) ($1.4b) ($1.7b) ($2.5b) ($2.2b) ($1.3b)
Gain (Loss) on Investments — — — ($6.0m) $32.0m ($2.0m) ($221.0m) ($201.0m) ($9.0m) ($3.0m)
Goodwill $1.9b $2.1b $2.0b $2.0b $2.1b $2.1b $2.0b $2.8b $2.7b $2.5b
Increase (Decrease) in Accounts Payable $562.0m $494.0m $265.0m ($519.0m) $274.0m $160.0m $812.0m $609.0m ($357.0m) ($697.0m)
Increase (Decrease) in Accounts Receivable $446.0m $297.0m $351.0m ($629.0m) $42.0m ($114.0m) $798.0m $819.0m ($454.0m) ($835.0m)
Increase (Decrease) in Inventories $159.0m $362.0m $92.0m ($104.0m) ($37.0m) $653.0m $448.0m $196.0m ($153.0m) ($248.0m)
Increase in investments, other assets and intangible assets — ($651.0m) ($481.0m) ($394.0m) ($331.0m) ($403.0m) ($455.0m) ($562.0m) ($617.0m) ($499.0m)
Issue of Common Shares on exercise of stock options $33.0m $44.0m $50.0m $44.0m $81.0m $146.0m $8.0m $20.0m $30.0m $2.0m
Items not involving current cash flows $1.2b $1.3b $1.5b $2.0b $2.1b $1.6b $1.8b $1.6b $1.9b $2.4b
Net cash inflow from disposal of facilities — — — — — — $6.0m ($48.0m) $82.0m $0
Proceeds from dispositions of fixed assets, other assets and investments — — — — — — — — $219.0m $121.0m
Profit loss after adjustment of non cash items $3.3b $3.6b $3.9b $3.6b $2.7b $3.1b $2.4b $2.9b $3.0b $3.3b
Repurchase of Common Shares ($913.0m) ($1.3b) ($1.8b) ($1.3b) ($203.0m) ($517.0m) ($780.0m) ($13.0m) ($207.0m) ($137.0m)
Tax withholdings on vesting of equity awards ($9.0m) ($11.0m) ($16.0m) ($9.0m) ($13.0m) ($13.0m) ($15.0m) ($11.0m) ($8.0m) ($5.0m)
Unrealized Gain (Loss) on Investments — — — — $65.0m $63.0m ($110.0m) — — —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax ($126.0m) ($60.0m) $1.0m ($4.0m) ($38.0m) — — — — —
Other Operating Income (Expense), Net ($30.0m) ($39.0m) ($63.0m) — — — — — — —
Net Cash Provided by (Used in) Operating Activities $3.4b $3.3b $3.7b $4.0b $3.3b $2.9b $2.1b $3.1b $3.6b $3.6b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.8b $1.9b $1.6b $1.4b $1.1b $1.4b $1.7b $2.5b $2.2b $1.3b
Payments to Acquire Businesses, Net of Cash Acquired $1.9b — — — — — — $1.5b $86.0m $1.0m
Payments to Acquire Investments — — $220.0m — — — — — — —
Net Cash Provided by (Used in) Investing Activities — ($2.1b) ($2.3b) ($434.0m) ($1.4b) ($2.3b) ($2.0b) ($4.5b) ($2.6b) ($1.7b)
Cash flows from financing activities:
Issues of debt $282.0m $752.0m $172.0m $47.0m $854.0m $55.0m $54.0m $2.1b $778.0m $1.0b
Repayments of debt ($417.0m) ($110.0m) ($171.0m) ($149.0m) ($140.0m) ($121.0m) ($456.0m) ($644.0m) ($815.0m) ($1.4b)
Payments for Repurchase of Common Stock $913.0m $1.3b $1.8b $1.3b $203.0m $517.0m $8.0m $13.0m $207.0m $137.0m
Payments of Ordinary Dividends, Common Stock $385.0m $400.0m $448.0m $449.0m $467.0m $514.0m $514.0m $522.0m $539.0m $544.0m
Proceeds from Noncontrolling Interests ($1.0m) $10.0m $4.0m $4.0m $18.0m $8.0m $5.0m $11.0m $0 —
Dividends ($385) ($400) ($448) ($449) ($467) ($514) ($514) ($522) ($539) ($544)
Dividends paid to non-controlling interests ($5) ($38) ($69) ($22) ($18) ($49) ($46) ($74) ($46) ($59)
Net Cash Provided by (Used in) Financing Activities ($1.0b) ($1.6b) ($1.4b) ($2.9b) $81.0m ($1.1b) ($1.7b) $1.3b ($989.0m) ($1.5b)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $16.0m $24.0m ($36.0m) $11.0m $23.0m $23.0m ($38.0m) ($19.0m) ($4.0m) ($1.0m)
Effect of exchange rate changes on cash and cash equivalents $16.0m $24.0m ($36.0m) $11.0m $23.0m $23.0m ($38.0m) ($19.0m) ($4.0m) ($1.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $16.0m ($329.0m) ($37.0m) $590.0m $2.0b ($426.0m) ($1.7b) ($36.0m) $49.0m $365.0m
Net increase in cash and cash equivalents during the year ($1.9b) ($329.0m) ($37.0m) $590.0m $2.0b ($426.0m) ($1.7b) ($36.0m) $49.0m $365.0m
Cash and cash equivalents, beginning of year $2.9b $839.0m $802.0m $1.4b $3.4b $2.9b $1.2b $1.2b $1.2b $1.6b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $839.0m $802.0m $1.4b $3.4b $2.9b $1.2b $1.2b $1.2b $1.6b
Supplemental disclosure of cash flow information:
Income Taxes Paid, Net $707.0m $782.0m $665.0m $484.0m $336.0m $341.0m $560.0m $546.0m $499.0m $610.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.