10-Q Filing

CORNING INC /NY CIK: 24741 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-020854`
Period End Date	20230630
Filing Date	20230727
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	glw20230630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 74 Cash Flow Statement 92 Stockholders Equity 40 Comprehensive Income 34

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Doubtful accounts and allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$29.00M	USD	Point-in-time
Doubtful accounts and allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$40.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$14.17B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$14.15B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.67B	USD	Point-in-time
Trade accounts receivable, net of doubtful accounts - $29 and $40	`AccountsReceivableNetCurrent`	$1.67B	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
Trade accounts receivable, net of doubtful accounts - $29 and $40	`AccountsReceivableNetCurrent`	$1.72B	USD	Point-in-time
Inventories (Note 5)	`InventoryNet`	$2.90B	USD	Point-in-time
Inventories (Note 5)	`InventoryNet`	$2.76B	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	1.80B	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.32B	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
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`	980.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$7.29B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation - $14,171 and $14,147	`PropertyPlantAndEquipmentNet`	$14.68B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation - $14,171 and $14,147	`PropertyPlantAndEquipmentNet`	$15.37B	USD	Point-in-time
Goodwill, net	`Goodwill`	$2.39B	USD	Point-in-time
Goodwill, net	`Goodwill`	$2.38B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.03B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$972.00M	USD	Point-in-time
Deferred income taxes (Note 3)	`DeferredIncomeTaxAssetsNet`	$1.07B	USD	Point-in-time
Deferred income taxes (Note 3)	`DeferredIncomeTaxAssetsNet`	$1.08B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.18B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.23B	USD	Point-in-time
Total Assets	`Assets`	$28.64B	USD	Point-in-time
Total Assets	`Assets`	$29.50B	USD	Point-in-time
Current portion of long-term debt and short-term borrowings	`DebtCurrent`	$187.00M	USD	Point-in-time
Current portion of long-term debt and short-term borrowings	`DebtCurrent`	$224.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.52B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.80B	USD	Point-in-time
Other accrued liabilities (Notes 6 and 9)	`AccruedLiabilitiesCurrent`	$2.71B	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`	$4.41B	USD	Point-in-time
Long-term debt (Note 7)	`LongTermDebtAndCapitalLeaseObligations`	$6.69B	USD	Point-in-time
Long-term debt (Note 7)	`LongTermDebtAndCapitalLeaseObligations`	$7.44B	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`	$407.00M	USD	Point-in-time
Other liabilities (Notes 6 and 9)	`OtherLiabilitiesNoncurrent`	$4.68B	USD	Point-in-time
Other liabilities (Notes 6 and 9)	`OtherLiabilitiesNoncurrent`	$4.96B	USD	Point-in-time
Total liabilities	`Liabilities`	$16.93B	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`	$915.00M	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`	$910.00M	USD	Point-in-time
Additional paid-in capital common stock	`AdditionalPaidInCapitalCommonStock`	$16.68B	USD	Point-in-time
Additional paid-in capital common stock	`AdditionalPaidInCapitalCommonStock`	$16.82B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.78B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.51B	USD	Point-in-time
Treasury stock, at cost; Shares held: 980 million and 977 million	`TreasuryStockCommonValue`	$20.53B	USD	Point-in-time
Treasury stock, at cost; Shares held: 980 million and 977 million	`TreasuryStockCommonValue`	$20.63B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.83B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.20B	USD	Point-in-time
Total Corning Incorporated shareholders equity	`StockholdersEquity`	$11.41B	USD	Point-in-time
Total Corning Incorporated shareholders equity	`StockholdersEquity`	$12.01B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$267.00M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$298.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.63B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.54B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.98B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.21B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.28B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$29.50B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$28.64B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$3.24B	USD	1 Quarter
Net sales	`Revenues`	$7.29B	USD	2 Qtrs
Net sales	`Revenues`	$3.62B	USD	1 Quarter
Net sales	`Revenues`	$6.42B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$2.37B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$4.77B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$4.41B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$2.23B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.01B	USD	1 Quarter
Gross margin	`GrossProfit`	$2.53B	USD	2 Qtrs
Gross margin	`GrossProfit`	$1.25B	USD	1 Quarter
Gross margin	`GrossProfit`	$2.02B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$440.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$861.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$486.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$920.00M	USD	2 Qtrs
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`	$517.00M	USD	2 Qtrs
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$263.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$61.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$30.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$62.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$31.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$576.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$279.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.06B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$490.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$8.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.00M	USD	2 Qtrs
Interest expense	`InterestAndDebtExpense`	$72.00M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$143.00M	USD	2 Qtrs
Interest expense	`InterestAndDebtExpense`	$157.00M	USD	2 Qtrs
Interest expense	`InterestAndDebtExpense`	$81.00M	USD	1 Quarter
Translated earnings contract gain, net (Note 10)	`TranslatedEarningsContractGainLossNet`	$108.00M	USD	2 Qtrs
Translated earnings contract gain, net (Note 10)	`TranslatedEarningsContractGainLossNet`	$325.00M	USD	2 Qtrs
Translated earnings contract gain, net (Note 10)	`TranslatedEarningsContractGainLossNet`	$196.00M	USD	1 Quarter
Translated earnings contract gain, net (Note 10)	`TranslatedEarningsContractGainLossNet`	$116.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$285.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$133.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$95.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$87.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$409.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$637.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$750.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.53B	USD	2 Qtrs
Provision for income taxes (Note 3)	`IncomeTaxExpenseBenefit`	$143.00M	USD	2 Qtrs
Provision for income taxes (Note 3)	`IncomeTaxExpenseBenefit`	$166.00M	USD	1 Quarter
Provision for income taxes (Note 3)	`IncomeTaxExpenseBenefit`	$106.00M	USD	1 Quarter
Provision for income taxes (Note 3)	`IncomeTaxExpenseBenefit`	$346.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.19B	USD	2 Qtrs
Net income	`ProfitLoss`	$494.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$603.00M	USD	1 Quarter
Net income	`ProfitLoss`	$191.00M	USD	1 Quarter
Net income	`ProfitLoss`	$584.00M	USD	1 Quarter
Net income	`ProfitLoss`	$303.00M	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.00M	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$43.00M	USD	2 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$22.00M	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$37.00M	USD	2 Qtrs
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$1.14B	USD	2 Qtrs
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$457.00M	USD	2 Qtrs
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$281.00M	USD	1 Quarter
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$563.00M	USD	1 Quarter
Basic (Note 4) (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic (Note 4) (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Basic (Note 4) (in dollars per share)	`EarningsPerShareBasic`	$1.36	USD	2 Qtrs
Basic (Note 4) (in dollars per share)	`EarningsPerShareBasic`	$0.54	USD	2 Qtrs
Diluted (Note 4) (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted (Note 4) (in dollars per share)	`EarningsPerShareDiluted`	$1.33	USD	2 Qtrs
Diluted (Note 4) (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	2 Qtrs
Diluted (Note 4) (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.19B	USD	2 Qtrs
Net income	`ProfitLoss`	$494.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$603.00M	USD	1 Quarter
Net income	`ProfitLoss`	$191.00M	USD	1 Quarter
Net income	`ProfitLoss`	$584.00M	USD	1 Quarter
Net income	`ProfitLoss`	$303.00M	USD	1 Quarter
Depreciation	`Depreciation`	$687.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$622.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$61.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$30.00M	USD	1 Quarter
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$62.00M	USD	2 Qtrs
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$31.00M	USD	1 Quarter
Loss on disposal of assets, net	`GainLossOnDispositionOfAssetsExcludingBusiness`	$-23.00M	USD	2 Qtrs
Loss on disposal of assets, net	`GainLossOnDispositionOfAssetsExcludingBusiness`	$-8.00M	USD	2 Qtrs
Severance charges	`SeveranceCosts1`	-	USD	2 Qtrs
Severance charges	`SeveranceCosts1`	$73.00M	USD	2 Qtrs
Severance payments	`SeverencePayments`	$48.00M	USD	2 Qtrs
Severance payments	`SeverencePayments`	$3.00M	USD	2 Qtrs
Gain on sale of business	`GainLossOnSaleOfBusiness`	-	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`	$111.00M	USD	2 Qtrs
Translation gain on Japanese yen-denominated debt	`GainLossOnJapaneseTranslationOfYendenominatedDebt`	$237.00M	USD	2 Qtrs
Translation gain on Japanese yen-denominated debt	`GainLossOnJapaneseTranslationOfYendenominatedDebt`	$127.00M	USD	2 Qtrs
Deferred tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-10.00M	USD	2 Qtrs
Deferred tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$72.00M	USD	2 Qtrs
Translated earnings contract gain, net	`TranslatedEarningsContractGainLossNet`	$108.00M	USD	2 Qtrs
Translated earnings contract gain, net	`TranslatedEarningsContractGainLossNet`	$325.00M	USD	2 Qtrs
Translated earnings contract gain, net	`TranslatedEarningsContractGainLossNet`	$196.00M	USD	1 Quarter
Translated earnings contract gain, net	`TranslatedEarningsContractGainLossNet`	$116.00M	USD	1 Quarter
Unrealized translation loss on transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-50.00M	USD	2 Qtrs
Unrealized translation loss on transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-77.00M	USD	2 Qtrs
Tax deposit refund	`TaxAssessmentRefunds`	-	USD	2 Qtrs
Tax deposit refund	`TaxAssessmentRefunds`	$-99.00M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$64.00M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-55.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-58.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$436.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$77.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$49.00M	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$209.00M	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-436.00M	USD	2 Qtrs
Customer deposits and government incentives	`IncreaseDecreaseInCustomerDepositsAndIncentives`	$4.00M	USD	2 Qtrs
Customer deposits and government incentives	`IncreaseDecreaseInCustomerDepositsAndIncentives`	$-6.00M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredIncome`	$-24.00M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredIncome`	$-24.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$6.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$150.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$570.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.29B	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$770.00M	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$736.00M	USD	2 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$74.00M	USD	2 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	-	USD	2 Qtrs
Realized gains on translated earnings contracts and other	`ProceedsFromDerivativeInstrumentInvestingActivities`	$132.00M	USD	2 Qtrs
Realized gains on translated earnings contracts and other	`ProceedsFromDerivativeInstrumentInvestingActivities`	$177.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$37.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-11.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-515.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-567.00M	USD	2 Qtrs
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$73.00M	USD	2 Qtrs
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$11.00M	USD	2 Qtrs
Proceeds from issuance of other long-term debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	$20.00M	USD	2 Qtrs
Proceeds from issuance of other long-term debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	$28.00M	USD	2 Qtrs
Proceeds from other financing arrangements	`ProceedsFromOtherDebt`	-	USD	2 Qtrs
Proceeds from other financing arrangements	`ProceedsFromOtherDebt`	$54.00M	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`	$99.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$28.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$35.00M	USD	2 Qtrs
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$201.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$462.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$495.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-164.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.18B	USD	2 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-24.00M	USD	2 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-66.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-133.00M	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`	$1.63B	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`	$1.54B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.67B	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`	$2.15B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.67B	USD	Point-in-time

Stockholders Equity 40 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
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.56	USD	1 Quarter
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.54	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.98B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.71B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.21B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.28B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$1.19B	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$494.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$603.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$191.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$584.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$303.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-187.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-303.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-67.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-734.00M	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`	$75.00M	USD	1 Quarter
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$61.00M	USD	1 Quarter
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$57.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$485.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$233.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$241.00M	USD	1 Quarter
Common dividends	`DividendsCommonStockCash`	$463.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$42.00M	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$87.00M	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
Purchase of common stock for treasury	`TreasuryStockValueAcquiredParValueMethod`	$53.00M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.98B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.71B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.21B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.28B	USD	Point-in-time

Comprehensive Income 34 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.19B	USD	2 Qtrs
Net income	`ProfitLoss`	$494.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$603.00M	USD	1 Quarter
Net income	`ProfitLoss`	$191.00M	USD	1 Quarter
Net income	`ProfitLoss`	$584.00M	USD	1 Quarter
Net income	`ProfitLoss`	$303.00M	USD	1 Quarter
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-850.00M	USD	2 Qtrs
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-650.00M	USD	1 Quarter
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-318.00M	USD	1 Quarter
Foreign currency translation adjustments and other	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-402.00M	USD	2 Qtrs
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$4.00M	USD	1 Quarter
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`	$52.00M	USD	2 Qtrs
Unamortized losses and prior service costs for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$8.00M	USD	2 Qtrs
Realized and unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-17.00M	USD	2 Qtrs
Realized and unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-31.00M	USD	1 Quarter
Realized and unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$41.00M	USD	2 Qtrs
Realized and unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$20.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-919.00M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-302.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-369.00M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-732.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$268.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-148.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$125.00M	USD	2 Qtrs
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$43.00M	USD	2 Qtrs
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$22.00M	USD	1 Quarter
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$37.00M	USD	2 Qtrs
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$21.00M	USD	1 Quarter
Comprehensive (loss) income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$-21.00M	USD	1 Quarter
Comprehensive (loss) income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$225.00M	USD	2 Qtrs
Comprehensive (loss) income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$-169.00M	USD	1 Quarter
Comprehensive (loss) income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$88.00M	USD	2 Qtrs

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