10-Q Filing

CORNING INC /NY CIK: 24741 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001437749-22-018099`
Period End Date	20220630
Filing Date	20220729
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	glw20220630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 90 Cash Flow Statement 86 Stockholders Equity 45 Comprehensive Income 34

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Doubtful accounts and allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$42.00M	USD	Point-in-time
Doubtful accounts and allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$38.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.50B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.97B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.32B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$100.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$100.00	USD	Point-in-time
Trade accounts receivable, net of doubtful accounts - $38 and $42	`AccountsReceivableNetCurrent`	$2.00B	USD	Point-in-time
Trade accounts receivable, net of doubtful accounts - $38 and $42	`AccountsReceivableNetCurrent`	$1.79B	USD	Point-in-time
Inventories, net (Note 5)	`InventoryNet`	$2.83B	USD	Point-in-time
Inventories, net (Note 5)	`InventoryNet`	$2.48B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.63B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.03B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$7.66B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.88B	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 - $13,499 and $13,969	`PropertyPlantAndEquipmentNet`	$15.35B	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 - $13,499 and $13,969	`PropertyPlantAndEquipmentNet`	$15.80B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	1.80B	shares	Point-in-time
Goodwill, net	`Goodwill`	$2.39B	USD	Point-in-time
Goodwill, net	`Goodwill`	$2.42B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	1.80B	shares	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	976.00M	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.15B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.09B	USD	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	970.00M	shares	Point-in-time
Deferred income taxes (Note 3)	`DeferredIncomeTaxAssetsNet`	$982.00M	USD	Point-in-time
Deferred income taxes (Note 3)	`DeferredIncomeTaxAssetsNet`	$1.07B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.03B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.06B	USD	Point-in-time
Total Assets	`Assets`	$29.72B	USD	Point-in-time
Total Assets	`Assets`	$30.15B	USD	Point-in-time
Current portion of long-term debt and short-term borrowings (Note 7)	`DebtCurrent`	$121.00M	USD	Point-in-time
Current portion of long-term debt and short-term borrowings (Note 7)	`DebtCurrent`	$55.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.61B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.93B	USD	Point-in-time
Other accrued liabilities (Note 6 and Note 9)	`AccruedLiabilitiesCurrent`	$3.14B	USD	Point-in-time
Other accrued liabilities (Note 6 and Note 9)	`AccruedLiabilitiesCurrent`	$3.48B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.53B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.81B	USD	Point-in-time
Long-term debt (Note 7)	`LongTermDebtAndCapitalLeaseObligations`	$6.99B	USD	Point-in-time
Long-term debt (Note 7)	`LongTermDebtAndCapitalLeaseObligations`	$6.68B	USD	Point-in-time
Postretirement benefits other than pensions (Note 8)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$588.00M	USD	Point-in-time
Postretirement benefits other than pensions (Note 8)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$622.00M	USD	Point-in-time
Other liabilities (Note 6 and Note 9)	`OtherLiabilitiesNoncurrent`	$5.19B	USD	Point-in-time
Other liabilities (Note 6 and Note 9)	`OtherLiabilitiesNoncurrent`	$4.94B	USD	Point-in-time
Total liabilities	`Liabilities`	$17.61B	USD	Point-in-time
Total liabilities	`Liabilities`	$17.74B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.8 billion	`CommonStockValue`	$910.00M	USD	Point-in-time
Common stock Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.8 billion	`CommonStockValue`	$907.00M	USD	Point-in-time
Additional paid-in capital common stock	`AdditionalPaidInCapitalCommonStock`	$16.59B	USD	Point-in-time
Additional paid-in capital common stock	`AdditionalPaidInCapitalCommonStock`	$16.48B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.39B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.84B	USD	Point-in-time
Treasury stock, at cost; Shares held: 976 million and 970 million	`TreasuryStockValue`	$20.51B	USD	Point-in-time
Treasury stock, at cost; Shares held: 976 million and 970 million	`TreasuryStockValue`	$20.26B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.18B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.09B	USD	Point-in-time
Total Corning Incorporated shareholders equity	`StockholdersEquity`	$11.73B	USD	Point-in-time
Total Corning Incorporated shareholders equity	`StockholdersEquity`	$12.33B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$212.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$248.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.98B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.45B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.63B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.56B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.54B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.14B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$30.15B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$29.72B	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$3.62B	USD	1 Quarter
Net sales	`Revenues`	$3.50B	USD	1 Quarter
Net sales	`Revenues`	$7.29B	USD	2 Qtrs
Net sales	`Revenues`	$6.79B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$4.77B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$2.37B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$4.32B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$2.19B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.31B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.25B	USD	1 Quarter
Gross margin	`GrossProfit`	$2.53B	USD	2 Qtrs
Gross margin	`GrossProfit`	$2.47B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$486.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$865.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$465.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$920.00M	USD	2 Qtrs
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$242.00M	USD	1 Quarter
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$240.00M	USD	1 Quarter
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$488.00M	USD	2 Qtrs
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$464.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$65.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$33.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$30.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$61.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$575.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.06B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.08B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$490.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$6.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.00M	USD	2 Qtrs
Interest expense	`InterestAndDebtExpense`	$72.00M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$143.00M	USD	2 Qtrs
Interest expense	`InterestAndDebtExpense`	$155.00M	USD	2 Qtrs
Interest expense	`InterestAndDebtExpense`	$78.00M	USD	1 Quarter
Translated earnings contract gain, net (Note 10)	`TranslatedEarningsContractGainLossNet`	$196.00M	USD	1 Quarter
Translated earnings contract gain, net (Note 10)	`TranslatedEarningsContractGainLossNet`	$325.00M	USD	2 Qtrs
Translated earnings contract gain, net (Note 10)	`TranslatedEarningsContractGainLossNet`	$3.00M	USD	1 Quarter
Translated earnings contract gain, net (Note 10)	`TranslatedEarningsContractGainLossNet`	$275.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$133.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$146.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$285.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$19.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.35B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$521.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.53B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$750.00M	USD	1 Quarter
Provision for income taxes (Note 3)	`IncomeTaxExpenseBenefit`	$67.00M	USD	1 Quarter
Provision for income taxes (Note 3)	`IncomeTaxExpenseBenefit`	$166.00M	USD	1 Quarter
Provision for income taxes (Note 3)	`IncomeTaxExpenseBenefit`	$293.00M	USD	2 Qtrs
Provision for income taxes (Note 3)	`IncomeTaxExpenseBenefit`	$346.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$584.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.05B	USD	2 Qtrs
Net income	`ProfitLoss`	$601.00M	USD	1 Quarter
Net income	`ProfitLoss`	$454.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.19B	USD	2 Qtrs
Net income	`ProfitLoss`	$603.00M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$43.00M	USD	2 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.00M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.00M	USD	2 Qtrs
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$1.05B	USD	2 Qtrs
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$1.14B	USD	2 Qtrs
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$563.00M	USD	1 Quarter
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$449.00M	USD	1 Quarter
Basic (Note 4) (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic (Note 4) (in dollars per share)	`EarningsPerShareBasic`	$1.36	USD	2 Qtrs
Basic (Note 4) (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	2 Qtrs
Basic (Note 4) (in dollars per share)	`EarningsPerShareBasic`	$-0.42	USD	1 Quarter
Diluted (Note 4) (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Diluted (Note 4) (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Diluted (Note 4) (in dollars per share)	`EarningsPerShareDiluted`	$1.33	USD	2 Qtrs
Diluted (Note 4) (in dollars per share)	`EarningsPerShareDiluted`	$-0.42	USD	1 Quarter
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$1.05B	USD	2 Qtrs
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$1.14B	USD	2 Qtrs
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$563.00M	USD	1 Quarter
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$449.00M	USD	1 Quarter
Series A convertible preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	-	USD	2 Qtrs
Series A convertible preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$24.00M	USD	2 Qtrs
Series A convertible preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Series A convertible preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Excess consideration paid for redemption of preferred shares (1)	`PreferredStockRedemptionPremium`	$803.00M	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`	$803.00M	USD	1 Quarter
Excess consideration paid for redemption of preferred shares (1)	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Net income (loss) available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$563.00M	USD	1 Quarter
Net income (loss) available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.14B	USD	2 Qtrs
Net income (loss) available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-354.00M	USD	1 Quarter
Net income (loss) available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$221.00M	USD	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$584.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.05B	USD	2 Qtrs
Net income	`ProfitLoss`	$601.00M	USD	1 Quarter
Net income	`ProfitLoss`	$454.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.19B	USD	2 Qtrs
Net income	`ProfitLoss`	$603.00M	USD	1 Quarter
Depreciation	`Depreciation`	$687.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$666.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$65.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$33.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$30.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$61.00M	USD	2 Qtrs
Gain on sale of business	`GainLossOnSaleOfBusiness`	$54.00M	USD	2 Qtrs
Gain on sale of business	`GainLossOnSaleOfBusiness`	$53.00M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$93.00M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$78.00M	USD	2 Qtrs
Translation gain on Japanese yen-denominated debt	`GainLossOnJapaneseTranslationOfYendenominatedDebt`	$237.00M	USD	2 Qtrs
Translation gain on Japanese yen-denominated debt	`GainLossOnJapaneseTranslationOfYendenominatedDebt`	$123.00M	USD	2 Qtrs
Deferred tax provision	`DeferredIncomeTaxExpenseBenefit`	$72.00M	USD	2 Qtrs
Deferred tax provision	`DeferredIncomeTaxExpenseBenefit`	$56.00M	USD	2 Qtrs
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$196.00M	USD	1 Quarter
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$325.00M	USD	2 Qtrs
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$3.00M	USD	1 Quarter
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$275.00M	USD	2 Qtrs
Unrealized translation losses on transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-77.00M	USD	2 Qtrs
Unrealized translation losses on transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-51.00M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$49.00M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-55.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$436.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-18.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$77.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$153.00M	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$171.00M	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$209.00M	USD	2 Qtrs
Customer deposits and government incentives	`IncreaseDecreaseInCustomerDepositsAndIncentives`	$56.00M	USD	2 Qtrs
Customer deposits and government incentives	`IncreaseDecreaseInCustomerDepositsAndIncentives`	$4.00M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredIncome`	$-60.00M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredIncome`	$-24.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$8.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.49B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.29B	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$736.00M	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$613.00M	USD	2 Qtrs
Proceeds from sale or disposal of assets	`ProceedsFromSaleOfProductiveAssets`	-	USD	2 Qtrs
Proceeds from sale or disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$17.00M	USD	2 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$74.00M	USD	2 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$102.00M	USD	2 Qtrs
Investment in and proceeds from unconsolidated entities, net	`ProceedsFromPaymentsForEquityMethodInvestments`	$-6.00M	USD	2 Qtrs
Investment in and proceeds from unconsolidated entities, net	`ProceedsFromPaymentsForEquityMethodInvestments`	$85.00M	USD	2 Qtrs
Realized gains on translated earnings contract	`TranslatedEarningsContractRealizedGainsLosses`	$-13.00M	USD	2 Qtrs
Realized gains on translated earnings contract	`TranslatedEarningsContractRealizedGainsLosses`	$-132.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$31.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$19.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-415.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-567.00M	USD	2 Qtrs
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$460.00M	USD	2 Qtrs
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$11.00M	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$28.00M	USD	2 Qtrs
Payment for redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$507.00M	USD	2 Qtrs
Payment for redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$507.00M	USD	2 Qtrs
Payments of employee withholding tax on stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$42.00M	USD	2 Qtrs
Payments of employee withholding tax on stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$55.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$82.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$28.00M	USD	2 Qtrs
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$201.00M	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`	$462.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.18B	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`	$-66.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-352.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-519.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.32B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.32B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67B	USD	Point-in-time

Stockholders Equity 45 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`	$0.27	USD	1 Quarter
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.54	USD	1 Quarter
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.48	USD	1 Quarter
Preferred Dividends (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$10.62K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.98B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.45B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.56B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.14B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$584.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.05B	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$601.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$454.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.19B	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$603.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-353.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-734.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-187.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$41.00M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredParValueMethod`	$151.00M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredParValueMethod`	$1.00M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredParValueMethod`	$53.00M	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`	$81.00M	USD	1 Quarter
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$57.00M	USD	1 Quarter
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$61.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$463.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$187.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$233.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$416.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$5.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$42.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$8.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$64.00M	USD	1 Quarter
Preferred dividends	`DividendsPreferredStockCash`	$24.00M	USD	1 Quarter
Redemption of preferred stock (2)	`StockRedeemedOrCalledDuringPeriodValue`	$1.50B	USD	1 Quarter
Conversion of preferred stock to common stock (3)	`ConversionOfStockAmountConverted1`	-	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.98B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.45B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.56B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.14B	USD	Point-in-time

Comprehensive Income 34 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$584.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.05B	USD	2 Qtrs
Net income	`ProfitLoss`	$601.00M	USD	1 Quarter
Net income	`ProfitLoss`	$454.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.19B	USD	2 Qtrs
Net income	`ProfitLoss`	$603.00M	USD	1 Quarter
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$40.00M	USD	1 Quarter
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-650.00M	USD	1 Quarter
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-850.00M	USD	2 Qtrs
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-323.00M	USD	2 Qtrs
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$51.00M	USD	1 Quarter
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$52.00M	USD	2 Qtrs
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	2 Qtrs
Net unrealized (losses) gains on designated hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.00M	USD	1 Quarter
Net unrealized (losses) gains on designated hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-17.00M	USD	2 Qtrs
Net unrealized (losses) gains on designated hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-31.00M	USD	1 Quarter
Net unrealized (losses) gains on designated hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$12.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$40.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-919.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-732.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-312.00M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$494.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$268.00M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$743.00M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-148.00M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$21.00M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$43.00M	USD	2 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.00M	USD	2 Qtrs
Comprehensive (loss) income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$489.00M	USD	1 Quarter
Comprehensive (loss) income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$-169.00M	USD	1 Quarter
Comprehensive (loss) income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$225.00M	USD	2 Qtrs
Comprehensive (loss) income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$736.00M	USD	2 Qtrs

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