10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-23-011533 |
| Period End Date | 20230331 |
| Filing Date | 20230428 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | glw20230331_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Doubtful accounts and allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$27.00M | USD | Point-in-time |
| Doubtful accounts and allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$40.00M | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$14.24B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.02B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.15B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.67B | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$14.15B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.15B | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.50 | USD | Point-in-time |
| Trade accounts receivable, net of doubtful accounts - $27 and $40 |
AccountsReceivableNetCurrent
|
$1.72B | USD | Point-in-time |
| Trade accounts receivable, net of doubtful accounts - $27 and $40 |
AccountsReceivableNetCurrent
|
$1.69B | 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 |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
3.80B | shares | Point-in-time |
| Inventories (Note 5) |
InventoryNet
|
$2.86B | USD | Point-in-time |
| Inventories (Note 5) |
InventoryNet
|
$2.90B | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
1.80B | shares | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.16B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.18B | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
1.80B | shares | Point-in-time |
| Treasury shares (in shares) |
TreasuryStockCommonShares
|
977.00M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$7.45B | USD | Point-in-time |
| Treasury shares (in shares) |
TreasuryStockCommonShares
|
977.00M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$6.88B | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation - $14,239 and $14,147 |
PropertyPlantAndEquipmentNet
|
$15.37B | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation - $14,239 and $14,147 |
PropertyPlantAndEquipmentNet
|
$15.14B | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$2.39B | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$2.39B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.00B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.03B | USD | Point-in-time |
| Deferred income taxes (Note 3) |
DeferredIncomeTaxAssetsNet
|
$1.07B | USD | Point-in-time |
| Deferred income taxes (Note 3) |
DeferredIncomeTaxAssetsNet
|
$1.11B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.31B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.18B | USD | Point-in-time |
| Total Assets |
Assets
|
$29.50B | USD | Point-in-time |
| Total Assets |
Assets
|
$28.82B | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$197.00M | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$224.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.66B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.80B | USD | Point-in-time |
| Other accrued liabilities (Notes 6 and 9) |
AccruedLiabilitiesCurrent
|
$2.91B | USD | Point-in-time |
| Other accrued liabilities (Notes 6 and 9) |
AccruedLiabilitiesCurrent
|
$3.15B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$5.17B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.77B | USD | Point-in-time |
| Long-term debt (Note 7) |
LongTermDebtAndCapitalLeaseObligations
|
$6.65B | USD | Point-in-time |
| Long-term debt (Note 7) |
LongTermDebtAndCapitalLeaseObligations
|
$6.69B | USD | Point-in-time |
| Postretirement benefits other than pensions (Note 8) |
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
$407.00M | USD | Point-in-time |
| Postretirement benefits other than pensions (Note 8) |
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
$405.00M | USD | Point-in-time |
| Other liabilities (Notes 6 and 9) |
OtherLiabilitiesNoncurrent
|
$4.78B | USD | Point-in-time |
| Other liabilities (Notes 6 and 9) |
OtherLiabilitiesNoncurrent
|
$4.96B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$16.61B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$17.22B | 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
|
$911.00M | USD | Point-in-time |
| Additional paid-in capital common stock |
AdditionalPaidInCapitalCommonStock
|
$16.68B | USD | Point-in-time |
| Additional paid-in capital common stock |
AdditionalPaidInCapitalCommonStock
|
$16.75B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$16.71B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$16.78B | USD | Point-in-time |
| Treasury stock, at cost; Shares held: 977 million and 977 million |
TreasuryStockCommonValue
|
$20.53B | USD | Point-in-time |
| Treasury stock, at cost; Shares held: 977 million and 977 million |
TreasuryStockCommonValue
|
$20.55B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.83B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.90B | USD | Point-in-time |
| Total Corning Incorporated shareholders equity |
StockholdersEquity
|
$11.93B | USD | Point-in-time |
| Total Corning Incorporated shareholders equity |
StockholdersEquity
|
$12.01B | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$282.00M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$267.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.28B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.21B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.63B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.54B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$28.82B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$29.50B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
Revenues
|
$3.68B | USD | 1 Quarter |
| Net sales |
Revenues
|
$3.18B | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$2.17B | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$2.40B | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$1.28B | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$1.00B | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$434.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$421.00M | USD | 1 Quarter |
| Research, development and engineering expenses |
ResearchDevelopmentAndEngineeringExpenses
|
$248.00M | USD | 1 Quarter |
| Research, development and engineering expenses |
ResearchDevelopmentAndEngineeringExpenses
|
$254.00M | USD | 1 Quarter |
| Amortization of purchased intangibles |
AmortizationOfIntangibleAssets
|
$31.00M | USD | 1 Quarter |
| Amortization of purchased intangibles |
AmortizationOfIntangibleAssets
|
$31.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$297.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$570.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$7.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$3.00M | USD | 1 Quarter |
| Interest expense |
InterestAndDebtExpense
|
$71.00M | USD | 1 Quarter |
| Interest expense |
InterestAndDebtExpense
|
$76.00M | USD | 1 Quarter |
| Translated earnings contract (loss) gain, net (Note 10) |
TranslatedEarningsContractGainLossNet
|
$129.00M | USD | 1 Quarter |
| Translated earnings contract (loss) gain, net (Note 10) |
TranslatedEarningsContractGainLossNet
|
$-8.00M | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$152.00M | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$8.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$783.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$228.00M | USD | 1 Quarter |
| Provision for income taxes (Note 3) |
IncomeTaxExpenseBenefit
|
$180.00M | USD | 1 Quarter |
| Provision for income taxes (Note 3) |
IncomeTaxExpenseBenefit
|
$37.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$603.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$191.00M | USD | 1 Quarter |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$15.00M | USD | 1 Quarter |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$22.00M | USD | 1 Quarter |
| Net income attributable to Corning Incorporated |
NetIncomeLoss
|
$581.00M | USD | 1 Quarter |
| Net income attributable to Corning Incorporated |
NetIncomeLoss
|
$176.00M | USD | 1 Quarter |
| Basic (Note 4) (in dollars per share) |
EarningsPerShareBasic
|
$0.21 | USD | 1 Quarter |
| Basic (Note 4) (in dollars per share) |
EarningsPerShareBasic
|
$0.69 | USD | 1 Quarter |
| Diluted (Note 4) (in dollars per share) |
EarningsPerShareDiluted
|
$0.20 | USD | 1 Quarter |
| Diluted (Note 4) (in dollars per share) |
EarningsPerShareDiluted
|
$0.68 | USD | 1 Quarter |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$603.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$191.00M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$342.00M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$310.00M | USD | 1 Quarter |
| Amortization of purchased intangibles |
AmortizationOfIntangibleAssets
|
$31.00M | USD | 1 Quarter |
| Amortization of purchased intangibles |
AmortizationOfIntangibleAssets
|
$31.00M | USD | 1 Quarter |
| Gain on sale of business |
GainLossOnSaleOfBusiness
|
- | USD | 1 Quarter |
| Gain on sale of business |
GainLossOnSaleOfBusiness
|
$53.00M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$42.00M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$52.00M | USD | 1 Quarter |
| Translation gain on Japanese yen-denominated debt |
GainLossOnJapaneseTranslationOfYendenominatedDebt
|
$18.00M | USD | 1 Quarter |
| Translation gain on Japanese yen-denominated debt |
GainLossOnJapaneseTranslationOfYendenominatedDebt
|
$84.00M | USD | 1 Quarter |
| Deferred tax (benefit) provision |
DeferredIncomeTaxExpenseBenefit
|
$-38.00M | USD | 1 Quarter |
| Deferred tax (benefit) provision |
DeferredIncomeTaxExpenseBenefit
|
$24.00M | USD | 1 Quarter |
| Translated earnings contract loss (gain) |
TranslatedEarningsContractGainLossNet
|
$129.00M | USD | 1 Quarter |
| Translated earnings contract loss (gain) |
TranslatedEarningsContractGainLossNet
|
$-8.00M | USD | 1 Quarter |
| Unrealized translation loss on transactions |
ForeignCurrencyTransactionGainLossUnrealized
|
$-20.00M | USD | 1 Quarter |
| Unrealized translation loss on transactions |
ForeignCurrencyTransactionGainLossUnrealized
|
$-33.00M | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$28.00M | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-7.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$159.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-17.00M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$81.00M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$62.00M | USD | 1 Quarter |
| Accounts payable and other current liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$77.00M | USD | 1 Quarter |
| Accounts payable and other current liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-369.00M | USD | 1 Quarter |
| Customer deposits and government incentives |
IncreaseDecreaseInCustomerDepositsAndIncentives
|
$-17.00M | USD | 1 Quarter |
| Customer deposits and government incentives |
IncreaseDecreaseInCustomerDepositsAndIncentives
|
$-9.00M | USD | 1 Quarter |
| Deferred income |
IncreaseDecreaseInDeferredIncome
|
$-25.00M | USD | 1 Quarter |
| Deferred income |
IncreaseDecreaseInDeferredIncome
|
$-6.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$72.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$153.00M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-49.00M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$534.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsForCapitalImprovements
|
$383.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsForCapitalImprovements
|
$382.00M | USD | 1 Quarter |
| Proceeds from sale of business |
ProceedsFromDivestitureOfBusinesses
|
- | USD | 1 Quarter |
| Proceeds from sale of business |
ProceedsFromDivestitureOfBusinesses
|
$74.00M | USD | 1 Quarter |
| Realized gains on translated earnings contracts |
ProceedsFromDerivativeInstrumentInvestingActivities
|
$81.00M | USD | 1 Quarter |
| Realized gains on translated earnings contracts |
ProceedsFromDerivativeInstrumentInvestingActivities
|
$40.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-6.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$9.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-278.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-228.00M | USD | 1 Quarter |
| Repayments of short-term borrowings |
RepaymentsOfShortTermDebt
|
$69.00M | USD | 1 Quarter |
| Repayments of short-term borrowings |
RepaymentsOfShortTermDebt
|
$11.00M | USD | 1 Quarter |
| Proceeds from other financing arrangements |
ProceedsFromOtherDebt
|
$54.00M | USD | 1 Quarter |
| Proceeds from other financing arrangements |
ProceedsFromOtherDebt
|
- | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$16.00M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$18.00M | USD | 1 Quarter |
| Purchases of common stock for treasury |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Purchases of common stock for treasury |
PaymentsForRepurchaseOfCommonStock
|
$149.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfOrdinaryDividends
|
$239.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfOrdinaryDividends
|
$228.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-10.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-5.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-375.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-248.00M | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
- | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-13.00M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-132.00M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-525.00M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.02B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.15B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.67B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.15B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.02B | 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
|
$1.67B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.15B | USD | Point-in-time |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common Dividends (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.27 | USD | 1 Quarter |
| Common Dividends (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.28 | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.28B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.21B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.63B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.54B | USD | Point-in-time |
| Net income (loss) |
ProfitLoss
|
$603.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$191.00M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-187.00M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-67.00M | USD | 1 Quarter |
| Shares issued to benefit plans and for option exercises |
SharesIssuedToBenefitPlansAndForOptionExercises
|
$65.00M | USD | 1 Quarter |
| Shares issued to benefit plans and for option exercises |
SharesIssuedToBenefitPlansAndForOptionExercises
|
$57.00M | USD | 1 Quarter |
| Common dividends |
DividendsCommonStockCash
|
$241.00M | USD | 1 Quarter |
| Common dividends |
DividendsCommonStockCash
|
$233.00M | USD | 1 Quarter |
| Other, net |
StockholdersEquityOther
|
$16.00M | USD | 1 Quarter |
| Other, net |
StockholdersEquityOther
|
$5.00M | USD | 1 Quarter |
| Purchase of common stock for treasury |
TreasuryStockValueAcquiredParValueMethod
|
$151.00M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.28B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.21B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.63B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.54B | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$603.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$191.00M | USD | 1 Quarter |
| Foreign currency translation adjustments and other |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-84.00M | USD | 1 Quarter |
| Foreign currency translation adjustments and other |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-200.00M | 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
|
$4.00M | USD | 1 Quarter |
| Realized and unrealized gains on derivatives |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$21.00M | USD | 1 Quarter |
| Realized and unrealized gains on derivatives |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$14.00M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-187.00M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-67.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$124.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$416.00M | USD | 1 Quarter |
| Comprehensive income attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$15.00M | USD | 1 Quarter |
| Comprehensive income attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$22.00M | USD | 1 Quarter |
| Comprehensive income attributable to Corning Incorporated |
ComprehensiveIncomeNetOfTax
|
$109.00M | USD | 1 Quarter |
| Comprehensive income attributable to Corning Incorporated |
ComprehensiveIncomeNetOfTax
|
$394.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.