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10-Q Filing

CORNING INC /NY CIK: 24741 Q1 2025
Filing Information
Form Type 10-Q
Accession Number 0001628280-25-021711
Period End Date 20250331
Filing Date 20250502
Fiscal Year 2025
Fiscal Period Q1
XBRL Instance glw-20250331_htm.xml
Balance Sheet 148 line items
Line Item Tag Value Unit Period
Trade accounts receivable, net of doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $31.00M USD Point-in-time
Trade accounts receivable, net of doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $31.00M USD Point-in-time
Trade accounts receivable, net of doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $33.00M USD Point-in-time
Trade accounts receivable, net of doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $33.00M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $14.52B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $14.52B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $14.49B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $14.49B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.50 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.50 USD Point-in-time
Common stock, 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
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.78B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.78B 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
Trade accounts receivable, net of doubtful accounts - $31 and $33 AccountsReceivableNetCurrent $2.04B USD Point-in-time
Trade accounts receivable, net of doubtful accounts - $31 and $33 AccountsReceivableNetCurrent $2.04B 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
Trade accounts receivable, net of doubtful accounts - $31 and $33 AccountsReceivableNetCurrent $2.05B USD Point-in-time
Trade accounts receivable, net of doubtful accounts - $31 and $33 AccountsReceivableNetCurrent $2.05B USD Point-in-time
Inventories (Note 5) InventoryNet $2.90B 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
Common stock, shares issued (in shares) CommonStockSharesIssued 1.80B shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 1.80B shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 1.80B shares Point-in-time
Inventories (Note 5) InventoryNet $2.72B USD Point-in-time
Inventories (Note 5) InventoryNet $2.72B USD Point-in-time
Treasury stock, shares at cost (in shares) TreasuryStockCommonShares 987.00M shares Point-in-time
Treasury stock, shares at cost (in shares) TreasuryStockCommonShares 987.00M shares Point-in-time
Other current assets OtherAssetsCurrent $1.45B USD Point-in-time
Other current assets OtherAssetsCurrent $1.45B USD Point-in-time
Treasury stock, shares at cost (in shares) TreasuryStockCommonShares 990.00M shares Point-in-time
Treasury stock, shares at cost (in shares) TreasuryStockCommonShares 990.00M shares Point-in-time
Other current assets OtherAssetsCurrent $1.34B USD Point-in-time
Other current assets OtherAssetsCurrent $1.34B USD Point-in-time
Total current assets AssetsCurrent $7.99B USD Point-in-time
Total current assets AssetsCurrent $7.99B USD Point-in-time
Total current assets AssetsCurrent $7.64B USD Point-in-time
Total current assets AssetsCurrent $7.64B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation - $14,523 and $14,492 PropertyPlantAndEquipmentNet $13.36B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation - $14,523 and $14,492 PropertyPlantAndEquipmentNet $13.36B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation - $14,523 and $14,492 PropertyPlantAndEquipmentNet $13.36B USD Point-in-time
Property, plant and equipment, net of accumulated depreciation - $14,523 and $14,492 PropertyPlantAndEquipmentNet $13.36B USD Point-in-time
Goodwill Goodwill $2.36B USD Point-in-time
Goodwill Goodwill $2.36B USD Point-in-time
Goodwill Goodwill $2.37B USD Point-in-time
Goodwill Goodwill $2.37B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $752.00M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $752.00M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $732.00M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $732.00M USD Point-in-time
Deferred income taxes (Note 3) DeferredIncomeTaxAssetsNet $1.18B USD Point-in-time
Deferred income taxes (Note 3) DeferredIncomeTaxAssetsNet $1.18B USD Point-in-time
Deferred income taxes (Note 3) DeferredIncomeTaxAssetsNet $1.13B USD Point-in-time
Deferred income taxes (Note 3) DeferredIncomeTaxAssetsNet $1.13B USD Point-in-time
Other assets OtherAssetsNoncurrent $2.10B USD Point-in-time
Other assets OtherAssetsNoncurrent $2.10B USD Point-in-time
Other assets OtherAssetsNoncurrent $2.14B USD Point-in-time
Other assets OtherAssetsNoncurrent $2.14B USD Point-in-time
Total Assets Assets $27.73B USD Point-in-time
Total Assets Assets $27.73B USD Point-in-time
Total Assets Assets $27.39B USD Point-in-time
Total Assets Assets $27.39B USD Point-in-time
Current portion of long-term debt and short-term borrowings (Note 7) DebtCurrent $283.00M USD Point-in-time
Current portion of long-term debt and short-term borrowings (Note 7) DebtCurrent $283.00M USD Point-in-time
Current portion of long-term debt and short-term borrowings (Note 7) DebtCurrent $326.00M USD Point-in-time
Current portion of long-term debt and short-term borrowings (Note 7) DebtCurrent $326.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.74B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.74B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.47B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.47B USD Point-in-time
Other accrued liabilities (Notes 6 and 10) AccruedLiabilitiesCurrent $3.12B USD Point-in-time
Other accrued liabilities (Notes 6 and 10) AccruedLiabilitiesCurrent $3.12B USD Point-in-time
Other accrued liabilities (Notes 6 and 10) AccruedLiabilitiesCurrent $2.50B USD Point-in-time
Other accrued liabilities (Notes 6 and 10) AccruedLiabilitiesCurrent $2.50B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.92B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.92B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.52B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.52B USD Point-in-time
Long-term debt (Note 7) LongTermDebtAndCapitalLeaseObligations $6.88B USD Point-in-time
Long-term debt (Note 7) LongTermDebtAndCapitalLeaseObligations $6.88B USD Point-in-time
Long-term debt (Note 7) LongTermDebtAndCapitalLeaseObligations $6.95B USD Point-in-time
Long-term debt (Note 7) LongTermDebtAndCapitalLeaseObligations $6.95B USD Point-in-time
Postretirement benefits other than pensions (Note 8) OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $333.00M USD Point-in-time
Postretirement benefits other than pensions (Note 8) OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $333.00M USD Point-in-time
Postretirement benefits other than pensions (Note 8) OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $336.00M USD Point-in-time
Postretirement benefits other than pensions (Note 8) OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $336.00M USD Point-in-time
Other liabilities (Notes 6 and 10) OtherLiabilitiesNoncurrent $4.46B USD Point-in-time
Other liabilities (Notes 6 and 10) OtherLiabilitiesNoncurrent $4.46B USD Point-in-time
Other liabilities (Notes 6 and 10) OtherLiabilitiesNoncurrent $4.53B USD Point-in-time
Other liabilities (Notes 6 and 10) OtherLiabilitiesNoncurrent $4.53B USD Point-in-time
Total liabilities Liabilities $16.27B USD Point-in-time
Total liabilities Liabilities $16.27B USD Point-in-time
Total liabilities Liabilities $16.66B USD Point-in-time
Total liabilities Liabilities $16.66B USD Point-in-time
Commitments and contingencies (Note 10) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 10) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 10) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 10) 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 $922.00M 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 $922.00M 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 $921.00M 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 $921.00M USD Point-in-time
Additional paid-in capital common stock AdditionalPaidInCapitalCommonStock $17.33B USD Point-in-time
Additional paid-in capital common stock AdditionalPaidInCapitalCommonStock $17.33B USD Point-in-time
Additional paid-in capital common stock AdditionalPaidInCapitalCommonStock $17.26B USD Point-in-time
Additional paid-in capital common stock AdditionalPaidInCapitalCommonStock $17.26B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $15.93B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $15.93B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $15.84B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $15.84B USD Point-in-time
Treasury stock, at cost; Shares held: 990 million and 987 million TreasuryStockValue $21.01B USD Point-in-time
Treasury stock, at cost; Shares held: 990 million and 987 million TreasuryStockValue $21.01B USD Point-in-time
Treasury stock, at cost; Shares held: 990 million and 987 million TreasuryStockValue $20.88B USD Point-in-time
Treasury stock, at cost; Shares held: 990 million and 987 million TreasuryStockValue $20.88B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.54B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.54B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.36B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.36B USD Point-in-time
Total Corning Incorporated shareholders equity StockholdersEquity $10.72B USD Point-in-time
Total Corning Incorporated shareholders equity StockholdersEquity $10.72B USD Point-in-time
Total Corning Incorporated shareholders equity StockholdersEquity $10.69B USD Point-in-time
Total Corning Incorporated shareholders equity StockholdersEquity $10.69B USD Point-in-time
Non-controlling interest MinorityInterest $412.00M USD Point-in-time
Non-controlling interest MinorityInterest $412.00M USD Point-in-time
Non-controlling interest MinorityInterest $384.00M USD Point-in-time
Non-controlling interest MinorityInterest $384.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.13B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.13B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.87B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.87B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.56B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.56B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $27.73B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $27.73B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $27.39B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $27.39B USD Point-in-time
Income Statement 72 line items
Line Item Tag Value Unit Period
Net sales Revenues $2.98B USD 1 Quarter
Net sales Revenues $2.98B USD 1 Quarter
Net sales Revenues $3.45B USD 1 Quarter
Net sales Revenues $3.45B USD 1 Quarter
Cost of sales CostOfRevenue $2.24B USD 1 Quarter
Cost of sales CostOfRevenue $2.24B USD 1 Quarter
Cost of sales CostOfRevenue $1.98B USD 1 Quarter
Cost of sales CostOfRevenue $1.98B USD 1 Quarter
Gross margin GrossProfit $993.00M USD 1 Quarter
Gross margin GrossProfit $993.00M USD 1 Quarter
Gross margin GrossProfit $1.21B USD 1 Quarter
Gross margin GrossProfit $1.21B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $471.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $471.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $451.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $451.00M USD 1 Quarter
Research, development and engineering expenses ResearchDevelopmentAndEngineeringExpenses $258.00M USD 1 Quarter
Research, development and engineering expenses ResearchDevelopmentAndEngineeringExpenses $258.00M USD 1 Quarter
Research, development and engineering expenses ResearchDevelopmentAndEngineeringExpenses $270.00M USD 1 Quarter
Research, development and engineering expenses ResearchDevelopmentAndEngineeringExpenses $270.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $30.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $30.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $28.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $28.00M USD 1 Quarter
Operating income OperatingIncomeLoss $254.00M USD 1 Quarter
Operating income OperatingIncomeLoss $254.00M USD 1 Quarter
Operating income OperatingIncomeLoss $445.00M USD 1 Quarter
Operating income OperatingIncomeLoss $445.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $12.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $12.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $12.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $12.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $82.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $82.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $83.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $83.00M USD 1 Quarter
Translated earnings contract (loss) gain, net (Note 11) TranslatedEarningsContractGainLossNet $-101.00M USD 1 Quarter
Translated earnings contract (loss) gain, net (Note 11) TranslatedEarningsContractGainLossNet $-101.00M USD 1 Quarter
Translated earnings contract (loss) gain, net (Note 11) TranslatedEarningsContractGainLossNet $39.00M USD 1 Quarter
Translated earnings contract (loss) gain, net (Note 11) TranslatedEarningsContractGainLossNet $39.00M USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $-34.00M USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $-34.00M USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $74.00M USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $74.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $240.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $240.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $296.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $296.00M USD 1 Quarter
Provision for income taxes (Note 3) IncomeTaxExpenseBenefit $71.00M USD 1 Quarter
Provision for income taxes (Note 3) IncomeTaxExpenseBenefit $71.00M USD 1 Quarter
Provision for income taxes (Note 3) IncomeTaxExpenseBenefit $55.00M USD 1 Quarter
Provision for income taxes (Note 3) IncomeTaxExpenseBenefit $55.00M USD 1 Quarter
Net income ProfitLoss $225.00M USD 1 Quarter
Net income ProfitLoss $225.00M USD 1 Quarter
Net income ProfitLoss $185.00M USD 1 Quarter
Net income ProfitLoss $185.00M USD 1 Quarter
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $28.00M USD 1 Quarter
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $28.00M USD 1 Quarter
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $16.00M USD 1 Quarter
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $16.00M USD 1 Quarter
Net income attributable to Corning Incorporated NetIncomeLoss $157.00M USD 1 Quarter
Net income attributable to Corning Incorporated NetIncomeLoss $157.00M USD 1 Quarter
Net income attributable to Corning Incorporated NetIncomeLoss $209.00M USD 1 Quarter
Net income attributable to Corning Incorporated NetIncomeLoss $209.00M USD 1 Quarter
Basic (Note 4) (in dollars per share) EarningsPerShareBasic $0.25 USD 1 Quarter
Basic (Note 4) (in dollars per share) EarningsPerShareBasic $0.25 USD 1 Quarter
Basic (Note 4) (in dollars per share) EarningsPerShareBasic $0.18 USD 1 Quarter
Basic (Note 4) (in dollars per share) EarningsPerShareBasic $0.18 USD 1 Quarter
Diluted (Note 4) (in dollars per share) EarningsPerShareDiluted $0.24 USD 1 Quarter
Diluted (Note 4) (in dollars per share) EarningsPerShareDiluted $0.24 USD 1 Quarter
Diluted (Note 4) (in dollars per share) EarningsPerShareDiluted $0.18 USD 1 Quarter
Diluted (Note 4) (in dollars per share) EarningsPerShareDiluted $0.18 USD 1 Quarter
Cash Flow Statement 132 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $225.00M USD 1 Quarter
Net income ProfitLoss $225.00M USD 1 Quarter
Net income ProfitLoss $185.00M USD 1 Quarter
Net income ProfitLoss $185.00M USD 1 Quarter
Depreciation Depreciation $307.00M USD 1 Quarter
Depreciation Depreciation $307.00M USD 1 Quarter
Depreciation Depreciation $291.00M USD 1 Quarter
Depreciation Depreciation $291.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $30.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $30.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $28.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $28.00M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $60.00M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $60.00M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $54.00M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $54.00M USD 1 Quarter
Translation loss (gain) on Japanese yen-denominated debt, net TranslationGainLossOnJapaneseYenDenominatedDebt $81.00M USD 1 Quarter
Translation loss (gain) on Japanese yen-denominated debt, net TranslationGainLossOnJapaneseYenDenominatedDebt $81.00M USD 1 Quarter
Translation loss (gain) on Japanese yen-denominated debt, net TranslationGainLossOnJapaneseYenDenominatedDebt $-43.00M USD 1 Quarter
Translation loss (gain) on Japanese yen-denominated debt, net TranslationGainLossOnJapaneseYenDenominatedDebt $-43.00M USD 1 Quarter
Deferred tax (benefit) provision DeferredIncomeTaxExpenseBenefit $-50.00M USD 1 Quarter
Deferred tax (benefit) provision DeferredIncomeTaxExpenseBenefit $-50.00M USD 1 Quarter
Deferred tax (benefit) provision DeferredIncomeTaxExpenseBenefit $10.00M USD 1 Quarter
Deferred tax (benefit) provision DeferredIncomeTaxExpenseBenefit $10.00M USD 1 Quarter
Translated earnings contract loss (gain), net TranslatedEarningsContractGainLossNet $-101.00M USD 1 Quarter
Translated earnings contract loss (gain), net TranslatedEarningsContractGainLossNet $-101.00M USD 1 Quarter
Translated earnings contract loss (gain), net TranslatedEarningsContractGainLossNet $39.00M USD 1 Quarter
Translated earnings contract loss (gain), net TranslatedEarningsContractGainLossNet $39.00M USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $161.00M USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $161.00M USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $-10.00M USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $-10.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $146.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $146.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $86.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $86.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $30.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $30.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $-2.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $-2.00M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-114.00M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-114.00M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-253.00M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-253.00M USD 1 Quarter
Customer deposits and government incentives IncreaseDecreaseInCustomerDepositsAndIncentives $-16.00M USD 1 Quarter
Customer deposits and government incentives IncreaseDecreaseInCustomerDepositsAndIncentives $-16.00M USD 1 Quarter
Customer deposits and government incentives IncreaseDecreaseInCustomerDepositsAndIncentives $-25.00M USD 1 Quarter
Customer deposits and government incentives IncreaseDecreaseInCustomerDepositsAndIncentives $-25.00M USD 1 Quarter
Deferred income IncreaseDecreaseInDeferredIncome $-29.00M USD 1 Quarter
Deferred income IncreaseDecreaseInDeferredIncome $-29.00M USD 1 Quarter
Deferred income IncreaseDecreaseInDeferredIncome $-34.00M USD 1 Quarter
Deferred income IncreaseDecreaseInDeferredIncome $-34.00M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $37.00M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $37.00M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-2.00M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-2.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $96.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $96.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $151.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $151.00M USD 1 Quarter
Capital expenditures PaymentsForCapitalImprovements $252.00M USD 1 Quarter
Capital expenditures PaymentsForCapitalImprovements $252.00M USD 1 Quarter
Capital expenditures PaymentsForCapitalImprovements $208.00M USD 1 Quarter
Capital expenditures PaymentsForCapitalImprovements $208.00M USD 1 Quarter
Realized gains on translated earnings contracts and other ProceedsFromDerivativeInstrumentInvestingActivities $56.00M USD 1 Quarter
Realized gains on translated earnings contracts and other ProceedsFromDerivativeInstrumentInvestingActivities $56.00M USD 1 Quarter
Realized gains on translated earnings contracts and other ProceedsFromDerivativeInstrumentInvestingActivities $94.00M USD 1 Quarter
Realized gains on translated earnings contracts and other ProceedsFromDerivativeInstrumentInvestingActivities $94.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $26.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $26.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $13.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $13.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-165.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-165.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-184.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-184.00M USD 1 Quarter
Repayments of debt RepaymentsOfDebt $47.00M USD 1 Quarter
Repayments of debt RepaymentsOfDebt $47.00M USD 1 Quarter
Repayments of debt RepaymentsOfDebt $37.00M USD 1 Quarter
Repayments of debt RepaymentsOfDebt $37.00M USD 1 Quarter
Proceeds from cross currency swap ProceedsFromDerivativeInstrumentFinancingActivities $24.00M USD 1 Quarter
Proceeds from cross currency swap ProceedsFromDerivativeInstrumentFinancingActivities $24.00M USD 1 Quarter
Proceeds from cross currency swap ProceedsFromDerivativeInstrumentFinancingActivities - USD 1 Quarter
Proceeds from cross currency swap ProceedsFromDerivativeInstrumentFinancingActivities - USD 1 Quarter
Payments of employee withholding tax on stock awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $34.00M USD 1 Quarter
Payments of employee withholding tax on stock awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $34.00M USD 1 Quarter
Payments of employee withholding tax on stock awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $29.00M USD 1 Quarter
Payments of employee withholding tax on stock awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $29.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $13.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $13.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $11.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $11.00M USD 1 Quarter
Purchases of common stock for treasury PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Purchases of common stock for treasury PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Purchases of common stock for treasury PaymentsForRepurchaseOfCommonStock $100.00M USD 1 Quarter
Purchases of common stock for treasury PaymentsForRepurchaseOfCommonStock $100.00M USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $243.00M USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $243.00M USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $242.00M USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $242.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-20.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-20.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-7.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-7.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-403.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-403.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-308.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-308.00M USD 1 Quarter
Effect of exchange rates on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-18.00M USD 1 Quarter
Effect of exchange rates on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-18.00M USD 1 Quarter
Effect of exchange rates on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.00M USD 1 Quarter
Effect of exchange rates on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-414.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-414.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-409.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-409.00M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.78B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.78B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.36B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.78B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.78B USD Point-in-time
Stockholders Equity 42 line items
Line Item Tag Value Unit Period
Common stock, dividends, per share, declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Common stock, dividends, per share, declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Common stock, dividends, per share, declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Common stock, dividends, per share, declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.07B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.07B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.13B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.13B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.87B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.87B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.56B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.56B USD Point-in-time
Net income ProfitLoss $225.00M USD 1 Quarter
Net income ProfitLoss $225.00M USD 1 Quarter
Net income ProfitLoss $185.00M USD 1 Quarter
Net income ProfitLoss $185.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-328.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-328.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $183.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $183.00M USD 1 Quarter
Purchase of common stock for treasury TreasuryStockValueAcquiredParValueMethod $100.00M USD 1 Quarter
Purchase of common stock for treasury TreasuryStockValueAcquiredParValueMethod $100.00M USD 1 Quarter
Shares issued to benefit plans and for option exercises SharesIssuedToBenefitPlansAndForOptionExercises $64.00M USD 1 Quarter
Shares issued to benefit plans and for option exercises SharesIssuedToBenefitPlansAndForOptionExercises $64.00M USD 1 Quarter
Shares issued to benefit plans and for option exercises SharesIssuedToBenefitPlansAndForOptionExercises $70.00M USD 1 Quarter
Shares issued to benefit plans and for option exercises SharesIssuedToBenefitPlansAndForOptionExercises $70.00M USD 1 Quarter
Common dividends DividendsCommonStockCash $242.00M USD 1 Quarter
Common dividends DividendsCommonStockCash $242.00M USD 1 Quarter
Common dividends DividendsCommonStockCash $244.00M USD 1 Quarter
Common dividends DividendsCommonStockCash $244.00M USD 1 Quarter
Other, net StockholdersEquityOther $30.00M USD 1 Quarter
Other, net StockholdersEquityOther $30.00M USD 1 Quarter
Other, net StockholdersEquityOther $34.00M USD 1 Quarter
Other, net StockholdersEquityOther $34.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.07B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.07B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.13B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.13B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.87B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.87B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.56B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.56B USD Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $225.00M USD 1 Quarter
Net income ProfitLoss $225.00M USD 1 Quarter
Net income ProfitLoss $185.00M USD 1 Quarter
Net income ProfitLoss $185.00M USD 1 Quarter
Foreign currency translation adjustments and other (Note 12) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-330.00M USD 1 Quarter
Foreign currency translation adjustments and other (Note 12) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-330.00M USD 1 Quarter
Foreign currency translation adjustments and other (Note 12) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $161.00M USD 1 Quarter
Foreign currency translation adjustments and other (Note 12) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $161.00M USD 1 Quarter
Unamortized (losses) gains and prior service costs for postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-2.00M USD 1 Quarter
Unamortized (losses) gains and prior service costs for postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-2.00M USD 1 Quarter
Unamortized (losses) gains and prior service costs for postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $5.00M USD 1 Quarter
Unamortized (losses) gains and prior service costs for postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $5.00M USD 1 Quarter
Realized and unrealized gains on derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $1.00M USD 1 Quarter
Realized and unrealized gains on derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $1.00M USD 1 Quarter
Realized and unrealized gains on derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $27.00M USD 1 Quarter
Realized and unrealized gains on derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $27.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $183.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $183.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-327.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-327.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $368.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $368.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-102.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-102.00M USD 1 Quarter
Comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $28.00M USD 1 Quarter
Comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $28.00M USD 1 Quarter
Comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $16.00M USD 1 Quarter
Comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $16.00M USD 1 Quarter
Comprehensive income (loss) attributable to Corning Incorporated ComprehensiveIncomeNetOfTax $340.00M USD 1 Quarter
Comprehensive income (loss) attributable to Corning Incorporated ComprehensiveIncomeNetOfTax $340.00M USD 1 Quarter
Comprehensive income (loss) attributable to Corning Incorporated ComprehensiveIncomeNetOfTax $-118.00M USD 1 Quarter
Comprehensive income (loss) attributable to Corning Incorporated ComprehensiveIncomeNetOfTax $-118.00M USD 1 Quarter

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

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