10-K Filing

CORNING INC /NY CIK: 24741 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001437749-24-003735`
Period End Date	20231231
Filing Date	20240212
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	glw20231231_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 62 Cash Flow Statement 134 Stockholders Equity 31 Comprehensive Income 24

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Doubtful accounts and allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$40.00M	USD	Point-in-time
Doubtful accounts and allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$14.15B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.67B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$14.55B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67B	USD	Point-in-time
Trade accounts receivable, net of doubtful accounts - $30 and $40	`AccountsReceivableNetCurrent`	$1.57B	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 - $30 and $40	`AccountsReceivableNetCurrent`	$1.72B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Inventories (Note 4)	`InventoryNet`	$2.90B	USD	Point-in-time
Inventories (Note 4)	`InventoryNet`	$2.67B	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 (Notes 9 and 13)	`OtherAssetsCurrent`	$1.20B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	1.80B	shares	Point-in-time
Other current assets (Notes 9 and 13)	`OtherAssetsCurrent`	$1.16B	USD	Point-in-time
Treasury stock Shares (in shares)	`TreasuryStockCommonShares`	980.00M	shares	Point-in-time
Treasury stock Shares (in shares)	`TreasuryStockCommonShares`	977.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$7.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.21B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation - $14,553 and $14,147 (Note 7)	`PropertyPlantAndEquipmentNet`	$14.63B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation - $14,553 and $14,147 (Note 7)	`PropertyPlantAndEquipmentNet`	$15.37B	USD	Point-in-time
Goodwill (Note 8)	`Goodwill`	$2.38B	USD	Point-in-time
Goodwill (Note 8)	`Goodwill`	$2.39B	USD	Point-in-time
Goodwill (Note 8)	`Goodwill`	$2.42B	USD	Point-in-time
Other intangible assets, net (Note 8)	`IntangibleAssetsNetExcludingGoodwill`	$1.03B	USD	Point-in-time
Other intangible assets, net (Note 8)	`IntangibleAssetsNetExcludingGoodwill`	$905.00M	USD	Point-in-time
Deferred income taxes (Note 6)	`DeferredIncomeTaxAssetsNet`	$1.07B	USD	Point-in-time
Deferred income taxes (Note 6)	`DeferredIncomeTaxAssetsNet`	$1.15B	USD	Point-in-time
Other assets (Notes 9 and 13)	`OtherAssetsNoncurrent`	$2.22B	USD	Point-in-time
Other assets (Notes 9 and 13)	`OtherAssetsNoncurrent`	$2.18B	USD	Point-in-time
Total Assets	`Assets`	$29.50B	USD	Point-in-time
Total Assets	`Assets`	$30.15B	USD	Point-in-time
Total Assets	`Assets`	$28.50B	USD	Point-in-time
Current portion of long-term debt and short-term borrowings (Note 10)	`DebtCurrent`	$320.00M	USD	Point-in-time
Current portion of long-term debt and short-term borrowings (Note 10)	`DebtCurrent`	$224.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.47B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.80B	USD	Point-in-time
Other accrued liabilities (Notes 9 and 12)	`AccruedLiabilitiesCurrent`	$2.53B	USD	Point-in-time
Other accrued liabilities (Notes 9 and 12)	`AccruedLiabilitiesCurrent`	$3.15B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.17B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.32B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$7.21B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$6.69B	USD	Point-in-time
Postretirement benefits other than pensions (Note 11)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$398.00M	USD	Point-in-time
Postretirement benefits other than pensions (Note 11)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$407.00M	USD	Point-in-time
Other liabilities (Notes 9 and 12)	`OtherLiabilitiesNoncurrent`	$4.71B	USD	Point-in-time
Other liabilities (Notes 9 and 12)	`OtherLiabilitiesNoncurrent`	$4.96B	USD	Point-in-time
Total liabilities	`Liabilities`	$17.22B	USD	Point-in-time
Total liabilities	`Liabilities`	$16.63B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`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`	$916.00M	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`	$16.93B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.78B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.39B	USD	Point-in-time
Treasury stock, at cost; Shares held: 980 million and 977 million	`TreasuryStockValue`	$20.64B	USD	Point-in-time
Treasury stock, at cost; Shares held: 980 million and 977 million	`TreasuryStockValue`	$20.53B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.83B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.05B	USD	Point-in-time
Total Corning Incorporated shareholders equity	`StockholdersEquity`	$11.55B	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`	$317.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.45B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.87B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.54B	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`	$28.50B	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$14.19B	USD	Annual
Net sales	`Revenues`	$14.08B	USD	Annual
Net sales	`Revenues`	$12.59B	USD	Annual
Cost of sales	`CostOfRevenue`	$9.68B	USD	Annual
Cost of sales	`CostOfRevenue`	$9.02B	USD	Annual
Cost of sales	`CostOfRevenue`	$8.66B	USD	Annual
Gross margin	`GrossProfit`	$4.51B	USD	Annual
Gross margin	`GrossProfit`	$3.93B	USD	Annual
Gross margin	`GrossProfit`	$5.06B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.83B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.84B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.90B	USD	Annual
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$1.05B	USD	Annual
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$995.00M	USD	Annual
Research, development and engineering expenses	`ResearchDevelopmentAndEngineeringExpenses`	$1.08B	USD	Annual
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$129.00M	USD	Annual
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$123.00M	USD	Annual
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$122.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.44B	USD	Annual
Operating income	`OperatingIncomeLoss`	$890.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$2.11B	USD	Annual
Interest income	`InvestmentIncomeInterest`	$38.00M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$15.00M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$11.00M	USD	Annual
Interest expense	`InterestAndDebtExpense`	$292.00M	USD	Annual
Interest expense	`InterestAndDebtExpense`	$329.00M	USD	Annual
Interest expense	`InterestAndDebtExpense`	$300.00M	USD	Annual
Translated earnings contract gain, net (Note 13)	`TranslatedEarningsContractGainLossNet`	$354.00M	USD	Annual
Translated earnings contract gain, net (Note 13)	`TranslatedEarningsContractGainLossNet`	$351.00M	USD	Annual
Translated earnings contract gain, net (Note 13)	`TranslatedEarningsContractGainLossNet`	$161.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$285.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$56.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$249.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$816.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.43B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.80B	USD	Annual
Provision for income taxes (Note 6)	`IncomeTaxExpenseBenefit`	$168.00M	USD	Annual
Provision for income taxes (Note 6)	`IncomeTaxExpenseBenefit`	$491.00M	USD	Annual
Provision for income taxes (Note 6)	`IncomeTaxExpenseBenefit`	$411.00M	USD	Annual
Net income	`ProfitLoss`	$1.39B	USD	Annual
Net income	`ProfitLoss`	$1.94B	USD	Annual
Net income	`ProfitLoss`	$648.00M	USD	Annual
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$70.00M	USD	Annual
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$29.00M	USD	Annual
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$67.00M	USD	Annual
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$1.32B	USD	Annual
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$1.91B	USD	Annual
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$581.00M	USD	Annual
Basic (Note 15) (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	Annual
Basic (Note 15) (in dollars per share)	`EarningsPerShareBasic`	$1.56	USD	Annual
Basic (Note 15) (in dollars per share)	`EarningsPerShareBasic`	$0.69	USD	Annual
Diluted (Note 15) (in dollars per share)	`EarningsPerShareDiluted`	$1.54	USD	Annual
Diluted (Note 15) (in dollars per share)	`EarningsPerShareDiluted`	$0.68	USD	Annual
Diluted (Note 15) (in dollars per share)	`EarningsPerShareDiluted`	$1.28	USD	Annual
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$1.32B	USD	Annual
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$1.91B	USD	Annual
Net income attributable to Corning Incorporated	`NetIncomeLoss`	$581.00M	USD	Annual
Series A convertible preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$24.00M	USD	Annual
Excess consideration paid for redemption of preferred stock (1)	`PreferredStockRedemptionPremium`	$803.00M	USD	Annual
Net income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$581.00M	USD	Annual
Net income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.32B	USD	Annual
Net income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.08B	USD	Annual

Cash Flow Statement 134 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.39B	USD	Annual
Net income	`ProfitLoss`	$1.94B	USD	Annual
Net income	`ProfitLoss`	$648.00M	USD	Annual
Depreciation	`Depreciation`	$1.35B	USD	Annual
Depreciation	`Depreciation`	$1.33B	USD	Annual
Depreciation	`Depreciation`	$1.25B	USD	Annual
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$129.00M	USD	Annual
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$123.00M	USD	Annual
Amortization of purchased intangibles	`AmortizationOfIntangibleAssets`	$122.00M	USD	Annual
Loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-189.00M	USD	Annual
Loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-57.00M	USD	Annual
Loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-155.00M	USD	Annual
Severance charges (reversals)	`SeveranceCosts1`	$187.00M	USD	Annual
Severance charges (reversals)	`SeveranceCosts1`	$70.00M	USD	Annual
Severance charges (reversals)	`SeveranceCosts1`	$-13.00M	USD	Annual
Severance payments	`SeverencePayments`	$11.00M	USD	Annual
Severance payments	`SeverencePayments`	$26.00M	USD	Annual
Severance payments	`SeverencePayments`	$96.00M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$190.00M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$218.00M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$175.00M	USD	Annual
Translation gain on Japanese yen-denominated debt	`TranslationGainLossOnJapaneseYenDenominatedDebt`	$180.00M	USD	Annual
Translation gain on Japanese yen-denominated debt	`TranslationGainLossOnJapaneseYenDenominatedDebt`	$100.00M	USD	Annual
Translation gain on Japanese yen-denominated debt	`TranslationGainLossOnJapaneseYenDenominatedDebt`	$191.00M	USD	Annual
Deferred tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$16.00M	USD	Annual
Deferred tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-46.00M	USD	Annual
Deferred tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-75.00M	USD	Annual
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$354.00M	USD	Annual
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$351.00M	USD	Annual
Translated earnings contract gain	`TranslatedEarningsContractGainLossNet`	$161.00M	USD	Annual
Unrealized translation loss on transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-68.00M	USD	Annual
Unrealized translation loss on transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-61.00M	USD	Annual
Unrealized translation loss on transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-77.00M	USD	Annual
Tax deposit refund	`TaxAdjustmentsSettlementsAndUnusualProvisions`	$99.00M	USD	Annual
Tax deposit refund	`TaxAdjustmentsSettlementsAndUnusualProvisions`	-	USD	Annual
Tax deposit refund	`TaxAdjustmentsSettlementsAndUnusualProvisions`	-	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-50.00M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$54.00M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-113.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$103.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-157.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$522.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$224.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$80.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$139.00M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-238.00M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$349.00M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$772.00M	USD	Annual
Customer deposits and government incentives	`IncreaseDecreaseInCustomerDepositsAndIncentives`	$110.00M	USD	Annual
Customer deposits and government incentives	`IncreaseDecreaseInCustomerDepositsAndIncentives`	$28.00M	USD	Annual
Customer deposits and government incentives	`IncreaseDecreaseInCustomerDepositsAndIncentives`	$-42.00M	USD	Annual
Deferred income	`IncreaseDecreaseInDeferredIncome`	$-116.00M	USD	Annual
Deferred income	`IncreaseDecreaseInDeferredIncome`	$-49.00M	USD	Annual
Deferred income	`IncreaseDecreaseInDeferredIncome`	$-5.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$74.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$142.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-12.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.00B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.62B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.41B	USD	Annual
Capital expenditures	`PaymentsForCapitalImprovements`	$1.60B	USD	Annual
Capital expenditures	`PaymentsForCapitalImprovements`	$1.64B	USD	Annual
Capital expenditures	`PaymentsForCapitalImprovements`	$1.39B	USD	Annual
Proceeds from sale of equipment to related party	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of equipment to related party	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of equipment to related party	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$67.00M	USD	Annual
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	-	USD	Annual
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$76.00M	USD	Annual
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$103.00M	USD	Annual
Investments in and proceeds from unconsolidated entities, net	`ProceedsFromPaymentsForEquityMethodInvestments`	$-17.00M	USD	Annual
Investments in and proceeds from unconsolidated entities, net	`ProceedsFromPaymentsForEquityMethodInvestments`	$-38.00M	USD	Annual
Investments in and proceeds from unconsolidated entities, net	`ProceedsFromPaymentsForEquityMethodInvestments`	$84.00M	USD	Annual
Realized gains on translated earnings contracts and other	`ProceedsFromDerivativeInstrumentInvestingActivities`	$300.00M	USD	Annual
Realized gains on translated earnings contracts and other	`ProceedsFromDerivativeInstrumentInvestingActivities`	$326.00M	USD	Annual
Realized gains on translated earnings contracts and other	`ProceedsFromDerivativeInstrumentInvestingActivities`	$67.00M	USD	Annual
Premiums paid on hedging contracts	`PaymentsForHedgeInvestingActivities`	$75.00M	USD	Annual
Premiums paid on hedging contracts	`PaymentsForHedgeInvestingActivities`	$48.00M	USD	Annual
Premiums paid on hedging contracts	`PaymentsForHedgeInvestingActivities`	$9.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-23.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$14.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-12.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.35B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.00B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.42B	USD	Annual
Repayments of debt	`RepaymentsOfDebt`	$860.00M	USD	Annual
Repayments of debt	`RepaymentsOfDebt`	$87.00M	USD	Annual
Repayments of debt	`RepaymentsOfDebt`	$284.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$22.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$82.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$127.00M	USD	Annual
Proceeds from issuance of euro bonds	`ProceedsFromIssuanceOfLongTermDebt`	$918.00M	USD	Annual
Proceeds from issuance of euro bonds	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from issuance of euro bonds	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from other financing arrangements	`ProceedsFromOtherDebt`	-	USD	Annual
Proceeds from other financing arrangements	`ProceedsFromOtherDebt`	-	USD	Annual
Proceeds from other financing arrangements	`ProceedsFromOtherDebt`	$54.00M	USD	Annual
Repayment of other financing arrangements	`RepaymentsOfOtherDebt`	-	USD	Annual
Repayment of other financing arrangements	`RepaymentsOfOtherDebt`	-	USD	Annual
Repayment of other financing arrangements	`RepaymentsOfOtherDebt`	$54.00M	USD	Annual
Payment for redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$507.00M	USD	Annual
Payment for redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$507.00M	USD	Annual
Payment for redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$507.00M	USD	Annual
Payments of employee withholding tax on stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$106.00M	USD	Annual
Payments of employee withholding tax on stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$47.00M	USD	Annual
Payments of employee withholding tax on stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$61.00M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$97.00M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$40.00M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$42.00M	USD	Annual
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$274.00M	USD	Annual
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Purchases of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$221.00M	USD	Annual
Dividends paid	`PaymentsOfOrdinaryDividends`	$871.00M	USD	Annual
Dividends paid	`PaymentsOfOrdinaryDividends`	$989.00M	USD	Annual
Dividends paid	`PaymentsOfOrdinaryDividends`	$932.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-39.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-22.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.45B	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-883.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.65B	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-88.00M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-65.00M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-14.00M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$108.00M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-524.00M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-477.00M	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.67B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67B	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.67B	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.67B	USD	Point-in-time

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.96	USD	Annual
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.12	USD	Annual
Common Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.08	USD	Annual
Preferred Dividends (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$10.62K	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.45B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.87B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.28B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$1.39B	USD	Annual
Net income (loss)	`ProfitLoss`	$1.94B	USD	Annual
Net income (loss)	`ProfitLoss`	$648.00M	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-436.00M	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-219.00M	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-657.00M	USD	Annual
Redemption of preferred stock	`StockRedeemedOrCalledDuringPeriodValue`	$1.50B	USD	Annual
Purchase of common stock for treasury	`TreasuryStockValueAcquiredParValueMethod`	$274.00M	USD	Annual
Purchase of common stock for treasury	`TreasuryStockValueAcquiredParValueMethod`	$221.00M	USD	Annual
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$253.00M	USD	Annual
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$210.00M	USD	Annual
Shares issued to benefit plans and for option exercises	`SharesIssuedToBenefitPlansAndForOptionExercises`	$277.00M	USD	Annual
Common dividends	`DividendsCommonStockCash`	$968.00M	USD	Annual
Common dividends	`DividendsCommonStockCash`	$926.00M	USD	Annual
Common dividends	`DividendsCommonStockCash`	$812.00M	USD	Annual
Preferred dividends	`DividendsPreferredStockCash`	$24.00M	USD	Annual
Other, net	`StockholdersEquityOther`	$121.00M	USD	Annual
Other, net	`StockholdersEquityOther`	$62.00M	USD	Annual
Other, net	`StockholdersEquityOther`	$66.00M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.45B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.87B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.28B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.39B	USD	Annual
Net income	`ProfitLoss`	$1.94B	USD	Annual
Net income	`ProfitLoss`	$648.00M	USD	Annual
Foreign currency translation adjustments and other (Note 14)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-604.00M	USD	Annual
Foreign currency translation adjustments and other (Note 14)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-230.00M	USD	Annual
Foreign currency translation adjustments and other (Note 14)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-779.00M	USD	Annual
Unamortized (losses) gains and prior service (costs) credits for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$24.00M	USD	Annual
Unamortized (losses) gains and prior service (costs) credits for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-178.00M	USD	Annual
Unamortized (losses) gains and prior service (costs) credits for postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-154.00M	USD	Annual
Realized and unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-30.00M	USD	Annual
Realized and unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-9.00M	USD	Annual
Realized and unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$36.00M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-435.00M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-655.00M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-218.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$731.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$430.00M	USD	Annual
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$70.00M	USD	Annual
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$29.00M	USD	Annual
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$67.00M	USD	Annual
Comprehensive income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$1.47B	USD	Annual
Comprehensive income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$661.00M	USD	Annual
Comprehensive income attributable to Corning Incorporated	`ComprehensiveIncomeNetOfTax`	$363.00M	USD	Annual

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