10-Q Filing

CORNING INC /NY CIK: 24741 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001437749-21-017671`
Period End Date	20210630
Filing Date	20210727
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	glw20210630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 84 Cash Flow Statement 97 Stockholders Equity 46 Comprehensive Income 24

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Doubtful accounts and allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$46.00M	USD	Point-in-time
Doubtful accounts and allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$42.00M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.16B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.66B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.66B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.43B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.32B	USD	Point-in-time
Trade accounts receivable, net of doubtful accounts - $42 and $46	`AccountsReceivableNetCurrent`	$2.06B	USD	Point-in-time
Convertible preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$100.00	USD	Point-in-time
Convertible preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$100.00	USD	Point-in-time
Trade accounts receivable, net of doubtful accounts - $42 and $46	`AccountsReceivableNetCurrent`	$2.13B	USD	Point-in-time
Inventories, net (Note 7)	`InventoryNet`	$2.39B	USD	Point-in-time
Inventories, net (Note 7)	`InventoryNet`	$2.44B	USD	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	3,100.00	shares	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$884.00M	USD	Point-in-time
Convertible preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	2,300.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$761.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.65B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.00B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	3.80B	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation - $13,657 and $13,663	`PropertyPlantAndEquipmentNet`	$15.74B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation - $13,657 and $13,663	`PropertyPlantAndEquipmentNet`	$15.46B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	3.80B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	1.70B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	1.80B	shares	Point-in-time
Goodwill, net	`Goodwill`	$2.43B	USD	Point-in-time
Goodwill, net	`Goodwill`	$2.46B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.31B	USD	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	962.00M	shares	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	961.00M	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.23B	USD	Point-in-time
Deferred income taxes (Note 5)	`DeferredIncomeTaxAssetsNet`	$1.12B	USD	Point-in-time
Deferred income taxes (Note 5)	`DeferredIncomeTaxAssetsNet`	$1.05B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.99B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.14B	USD	Point-in-time
Total Assets	`Assets`	$30.77B	USD	Point-in-time
Total Assets	`Assets`	$29.81B	USD	Point-in-time
Current portion of long-term debt and short-term borrowings (Note 9)	`DebtCurrent`	$156.00M	USD	Point-in-time
Current portion of long-term debt and short-term borrowings (Note 9)	`DebtCurrent`	$353.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.31B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.17B	USD	Point-in-time
Other accrued liabilities (Note 8 and Note 11)	`AccruedLiabilitiesCurrent`	$2.44B	USD	Point-in-time
Other accrued liabilities (Note 8 and Note 11)	`AccruedLiabilitiesCurrent`	$2.96B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.77B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.62B	USD	Point-in-time
Long-term debt (Note 9)	`LongTermDebtAndCapitalLeaseObligations`	$7.03B	USD	Point-in-time
Long-term debt (Note 9)	`LongTermDebtAndCapitalLeaseObligations`	$7.82B	USD	Point-in-time
Postretirement benefits other than pensions (Note 10)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$723.00M	USD	Point-in-time
Postretirement benefits other than pensions (Note 10)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$727.00M	USD	Point-in-time
Other liabilities (Note 8 and Note 11)	`OtherLiabilitiesNoncurrent`	$5.02B	USD	Point-in-time
Other liabilities (Note 8 and Note 11)	`OtherLiabilitiesNoncurrent`	$5.29B	USD	Point-in-time
Total liabilities	`Liabilities`	$17.33B	USD	Point-in-time
Total liabilities	`Liabilities`	$17.66B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock, Series A Par value $100 per share; Shares authorized 0 and 3,100; Shares issued: 0 and 2,300	`PreferredStockValue`	$2.30B	USD	Point-in-time
Convertible preferred stock, Series A Par value $100 per share; Shares authorized 0 and 3,100; Shares issued: 0 and 2,300	`PreferredStockValue`	-	USD	Point-in-time
Common stock Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.7 billion	`CommonStockValue`	$907.00M	USD	Point-in-time
Common stock Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.7 billion	`CommonStockValue`	$863.00M	USD	Point-in-time
Additional paid-in capital common stock	`AdditionalPaidInCapitalCommonStock`	$14.64B	USD	Point-in-time
Additional paid-in capital common stock	`AdditionalPaidInCapitalCommonStock`	$16.35B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.74B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.12B	USD	Point-in-time
Treasury stock, at cost; Shares held: 962 million and 961 million	`TreasuryStockValue`	$19.93B	USD	Point-in-time
Treasury stock, at cost; Shares held: 962 million and 961 million	`TreasuryStockValue`	$19.99B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.05B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-740.00M	USD	Point-in-time
Total Corning Incorporated shareholders equity	`StockholdersEquity`	$13.26B	USD	Point-in-time
Total Corning Incorporated shareholders equity	`StockholdersEquity`	$11.96B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$191.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$182.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.29B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.00B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.13B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.45B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.56B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.14B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$30.77B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$29.81B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$3.50B	USD	1 Quarter
Net sales	`Revenues`	$2.56B	USD	1 Quarter
Net sales	`Revenues`	$4.95B	USD	2 Qtrs
Net sales	`Revenues`	$6.79B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$3.63B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$1.80B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$4.32B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$2.19B	USD	1 Quarter
Gross margin	`GrossProfit`	$756.00M	USD	1 Quarter
Gross margin	`GrossProfit`	$1.32B	USD	2 Qtrs
Gross margin	`GrossProfit`	$1.31B	USD	1 Quarter
Gross margin	`GrossProfit`	$2.47B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$465.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$796.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$401.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$865.00M	USD	2 Qtrs
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$691.00M	USD	2 Qtrs
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$464.00M	USD	2 Qtrs
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$242.00M	USD	1 Quarter
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$430.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$28.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$33.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$54.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$65.00M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$575.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-224.00M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-103.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$1.08B	USD	2 Qtrs
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$7.00M	USD	1 Quarter
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$15.00M	USD	2 Qtrs
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$79.00M	USD	1 Quarter
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$93.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$131.00M	USD	2 Qtrs
Interest expense	`InterestAndDebtExpense`	$67.00M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$155.00M	USD	2 Qtrs
Interest expense	`InterestAndDebtExpense`	$78.00M	USD	1 Quarter
Translated earnings contract gain, net (Note 12)	`TranslatedEarningsContractGainLossNet`	$37.00M	USD	1 Quarter
Translated earnings contract gain, net (Note 12)	`TranslatedEarningsContractGainLossNet`	$275.00M	USD	2 Qtrs
Translated earnings contract gain, net (Note 12)	`TranslatedEarningsContractGainLossNet`	$3.00M	USD	1 Quarter
Translated earnings contract gain, net (Note 12)	`TranslatedEarningsContractGainLossNet`	$105.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$7.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$124.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-9.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-49.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.34B	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-157.00M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$516.00M	USD	1 Quarter
Provision for income taxes (Note 5)	`IncomeTaxExpenseBenefit`	$293.00M	USD	2 Qtrs
Provision for income taxes (Note 5)	`IncomeTaxExpenseBenefit`	$67.00M	USD	1 Quarter
Provision for income taxes (Note 5)	`IncomeTaxExpenseBenefit`	$22.00M	USD	1 Quarter
Provision for income taxes (Note 5)	`IncomeTaxExpenseBenefit`	$10.00M	USD	2 Qtrs
Net income (loss) attributable to Corning Incorporated	`NetIncomeLoss`	$-71.00M	USD	1 Quarter
Net income (loss) attributable to Corning Incorporated	`NetIncomeLoss`	$-167.00M	USD	2 Qtrs
Net income (loss) attributable to Corning Incorporated	`NetIncomeLoss`	$449.00M	USD	1 Quarter
Net income (loss) attributable to Corning Incorporated	`NetIncomeLoss`	$1.05B	USD	2 Qtrs
Basic (Note 6) (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	2 Qtrs
Basic (Note 6) (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	1 Quarter
Basic (Note 6) (in dollars per share)	`EarningsPerShareBasic`	$-0.42	USD	1 Quarter
Basic (Note 6) (in dollars per share)	`EarningsPerShareBasic`	$-0.28	USD	2 Qtrs
Diluted (Note 6) (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Diluted (Note 6) (in dollars per share)	`EarningsPerShareDiluted`	$-0.42	USD	1 Quarter
Diluted (Note 6) (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	1 Quarter
Diluted (Note 6) (in dollars per share)	`EarningsPerShareDiluted`	$-0.28	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-71.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-167.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$449.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.05B	USD	2 Qtrs
Series A convertible preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Series A convertible preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$24.00M	USD	2 Qtrs
Series A convertible preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$25.00M	USD	1 Quarter
Series A convertible preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$49.00M	USD	2 Qtrs
Excess consideration paid for redemption of preferred shares (1)	`PreferredStockRedemptionPremium`	-	USD	2 Qtrs
Excess consideration paid for redemption of preferred shares (1)	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Excess consideration paid for redemption of preferred shares (1)	`PreferredStockRedemptionPremium`	$803.00M	USD	1 Quarter
Excess consideration paid for redemption of preferred shares (1)	`PreferredStockRedemptionPremium`	$803.00M	USD	2 Qtrs
Net (loss) income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-96.00M	USD	1 Quarter
Net (loss) income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-354.00M	USD	1 Quarter
Net (loss) income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-216.00M	USD	2 Qtrs
Net (loss) income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$221.00M	USD	2 Qtrs

Cash Flow Statement 97 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-71.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-167.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$449.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.05B	USD	2 Qtrs
Depreciation	`Depreciation`	$666.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$680.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$28.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$33.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$54.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$65.00M	USD	2 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-75.00M	USD	2 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-1.00M	USD	2 Qtrs
Severance charges	`SeveranceCosts1`	$1.00M	USD	2 Qtrs
Severance charges	`SeveranceCosts1`	$58.00M	USD	1 Quarter
Severance charges	`SeveranceCosts1`	$135.00M	USD	2 Qtrs
Severance payments	`SeverencePayments`	$97.00M	USD	2 Qtrs
Severance payments	`SeverencePayments`	$20.00M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$78.00M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$65.00M	USD	2 Qtrs
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$7.00M	USD	1 Quarter
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$15.00M	USD	2 Qtrs
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$79.00M	USD	1 Quarter
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$93.00M	USD	2 Qtrs
Translation (gain) loss on Japanese yen-denominated debt	`TranslationGainLossOnJapaneseYenDenominatedDebt`	$-11.00M	USD	2 Qtrs
Translation (gain) loss on Japanese yen-denominated debt	`TranslationGainLossOnJapaneseYenDenominatedDebt`	$123.00M	USD	2 Qtrs
Deferred tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$56.00M	USD	2 Qtrs
Deferred tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-130.00M	USD	2 Qtrs
Customer deposits and government incentives	`ProceedsFromDepositsFromCustomers`	$114.00M	USD	2 Qtrs
Customer deposits and government incentives	`ProceedsFromDepositsFromCustomers`	$125.00M	USD	2 Qtrs
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$37.00M	USD	1 Quarter
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$275.00M	USD	2 Qtrs
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$3.00M	USD	1 Quarter
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$105.00M	USD	2 Qtrs
Unrealized translation losses on transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-51.00M	USD	2 Qtrs
Unrealized translation losses on transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-11.00M	USD	2 Qtrs
Tax assessment refunds	`TaxAssessmentRefunds`	-	USD	2 Qtrs
Tax assessment refunds	`TaxAssessmentRefunds`	$-101.00M	USD	2 Qtrs
Asset impairment	`AssetImpairmentCharges`	$195.00M	USD	1 Quarter
Asset impairment	`AssetImpairmentCharges`	-	USD	2 Qtrs
Asset impairment	`AssetImpairmentCharges`	$195.00M	USD	2 Qtrs
Asset impairment	`AssetImpairmentCharges`	$217.00M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$49.00M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-27.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-53.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-18.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-20.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$153.00M	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$156.00M	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-235.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$125.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-73.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.49B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$798.00M	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$613.00M	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$833.00M	USD	2 Qtrs
Proceeds from sale or disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$27.00M	USD	2 Qtrs
Proceeds from sale or disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$17.00M	USD	2 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$102.00M	USD	2 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	2 Qtrs
Investment in and proceeds from unconsolidated entities, net	`ProceedsFromPaymentsForEquityMethodInvestments`	$-5.00M	USD	2 Qtrs
Investment in and proceeds from unconsolidated entities, net	`ProceedsFromPaymentsForEquityMethodInvestments`	$85.00M	USD	2 Qtrs
Realized gains on translated earnings contract	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-13.00M	USD	2 Qtrs
Realized gains on translated earnings contract	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-12.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-15.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$19.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-784.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-415.00M	USD	2 Qtrs
Repayments of short-term borrowings and current portion of long-term debt	`RepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Repayments of short-term borrowings and current portion of long-term debt	`RepaymentsOfShortTermDebt`	$460.00M	USD	2 Qtrs
Proceeds from issuance of long-term debt, net	`ProceedsFromIssuanceOfUnsecuredDebt`	$209.00M	USD	2 Qtrs
Proceeds from issuance of long-term debt, net	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	2 Qtrs
Payment for redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$507.00M	USD	2 Qtrs
Payment for redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	2 Qtrs
Payments of employee withholding tax on stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$55.00M	USD	2 Qtrs
Payments of employee withholding tax on stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$82.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$13.00M	USD	2 Qtrs
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$105.00M	USD	2 Qtrs
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$1.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$442.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$383.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-272.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.39B	USD	2 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-42.00M	USD	2 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-18.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-276.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-352.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.16B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.43B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.32B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.16B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.43B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.32B	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.48	USD	1 Quarter
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Preferred Dividends (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$10.62K	USD	1 Quarter
Preferred Dividends (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$10.62K	USD	1 Quarter
Preferred Dividends (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$10.62K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.00B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.13B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.45B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.56B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.14B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$601.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$454.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-96.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-65.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$41.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$65.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-353.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-327.00M	USD	1 Quarter
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$81.00M	USD	1 Quarter
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$17.00M	USD	1 Quarter
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$73.00M	USD	1 Quarter
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$59.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$168.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$187.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$171.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$416.00M	USD	1 Quarter
Preferred dividends	`DividendsPreferredStockCash`	$24.00M	USD	1 Quarter
Preferred dividends	`DividendsPreferredStockCash`	$25.00M	USD	1 Quarter
Preferred dividends	`DividendsPreferredStockCash`	$24.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$11.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$64.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$7.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$8.00M	USD	1 Quarter
Redemption of preferred stock	`StockRedeemedOrCalledDuringPeriodValue`	$1.50B	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredParValueMethod`	$6.00M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredParValueMethod`	$105.00M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredParValueMethod`	$1.00M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.00B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.13B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.45B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.56B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.14B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to Corning Incorporated	`NetIncomeLoss`	$-71.00M	USD	1 Quarter
Net income (loss) attributable to Corning Incorporated	`NetIncomeLoss`	$-167.00M	USD	2 Qtrs
Net income (loss) attributable to Corning Incorporated	`NetIncomeLoss`	$449.00M	USD	1 Quarter
Net income (loss) attributable to Corning Incorporated	`NetIncomeLoss`	$1.05B	USD	2 Qtrs
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-323.00M	USD	2 Qtrs
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-207.00M	USD	2 Qtrs
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$58.00M	USD	1 Quarter
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$40.00M	USD	1 Quarter
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$12.00M	USD	2 Qtrs
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	2 Qtrs
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$12.00M	USD	1 Quarter
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Net unrealized gains (losses) on designated hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-42.00M	USD	2 Qtrs
Net unrealized gains (losses) on designated hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$12.00M	USD	2 Qtrs
Net unrealized gains (losses) on designated hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.00M	USD	1 Quarter
Net unrealized gains (losses) on designated hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$19.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax (Note 14)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$40.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax (Note 14)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$65.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax (Note 14)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-312.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax (Note 14)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-261.00M	USD	2 Qtrs
Comprehensive income (loss) attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$-6.00M	USD	1 Quarter
Comprehensive income (loss) attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$-428.00M	USD	2 Qtrs
Comprehensive income (loss) attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$736.00M	USD	2 Qtrs
Comprehensive income (loss) attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$489.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.