Updated 2023 Outlook
| Current | Previous | |
| Segment Sales
Body Exteriors & Structures Power & Vision Seating Systems Complete Vehicles |
$17.3 – $17.9 billion
$14.0 – $14.4 billion $5.8 – $6.1 billion $5.4 – $5.7 billion |
$16.8 – $17.4 billion
$13.0 – $13.4 billion $5.6 – $5.9 billion $5.3 – $5.6 billion |
| Total Sales | $41.9 – $43.5 billion | $40.2 – $41.8 billion |
| Adjusted EBIT Margin(3) | 4.8% – 5.2% | 4.7% – 5.1% |
| Equity Income (included in EBIT) | $110 – $140 million | $95 – $125 million |
| Interest Expense, net | Approximately $150 million | Approximately $150 million |
| Income Tax Rate(4) | Approximately 21% | Approximately 21% |
| Adjusted Net Income attributable to Magna(5) | $1.4 – $1.6 billion | $1.3 – $1.5 billion |
| Capital Spending | Approximately $2.5 billion | Approximately $2.4 billion |
