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CORNING INC /NY

GLW
Drawing And Insulating Of Nonferrous Wire
Last filing · Quarter 2 · Jun 30, 2026
Financial Statements Ratios
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Statement
Income StatementBalance Sheet
Period
Annual Quarterly
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USD ($)
$ in Millions 		Dec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016Dec 31, 2015Dec 31, 2014Dec 31, 2013Dec 31, 2012Dec 31, 2011Dec 31, 2010Dec 31, 2009
Current assets:
                 
Assets
                 
Cash and cash equivalents
$ 1,526
$ 1,768
$ 1,779
Short-term investments, at fair value (Note 3)
-
-
-
Total cash, cash equivalents and short-term investments
-
-
-
Trade accounts receivable, net of doubtful accounts - $27 and $33
2,779
2,053
1,572
Inventories (Note 5)
3,077
2,724
2,666
Deferred income taxes (Note 6)
-
-
-
Other current assets (Note 9)
1,554
1,447
1,195
Total current assets
8,936
7,992
7,212
us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
-
-
-
Property, plant and equipment, net of accumulated depreciation - $15,229 and $14,492 (Note 6)
14,825
13,359
14,630
Goodwill (Note 7)
2,489
2,363
2,380
Other intangible assets, net (Note 7)
657
752
905
Deferred income taxes (Note 15)
1,515
1,130
1,153
Goodwill and other intangible assets, net (Note 10)
-
-
-
Other assets (Note 9)
2,554
2,139
2,220
Total Assets
30,976
27,735
28,500
Liabilities and Equity
                 
Current liabilities:
                 
Current portion of long-term debt and short-term borrowings (Note 10)
804
326
320
Liabilities and Equity
                 
Current portion of long-term debt (Note 12)
-
-
-
Current portion of long-term debt (Note 12)
-
-
-
Accounts payable
1,979
1,472
1,466
Other accrued liabilities (Notes 9 and 12)
2,845
3,121
2,533
Total current liabilities
5,628
4,919
4,319
Long-term debt (Note 10)
7,630
6,885
7,206
Postretirement benefits other than pensions (Note 11)
314
336
398
Other liabilities (Notes 9 and 12)
5,097
4,525
4,709
Debt, Current [Abstract]
                 
Total liabilities
18,669
16,665
16,632
Shareholders’ equity: (Note 16)
                 
us-gaap_PreferredStockValue
-
-
-
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.8 billion
924
921
916
Additional paid-in capital – common stock
17,580
17,264
16,929
Retained earnings
16,551
15,926
16,391
Treasury stock, at cost; Shares held: 992 million and 987 million
21,143
20,882
20,637
Accumulated other comprehensive loss
(2,105)
(2,543)
(2,048)
Total Corning Incorporated shareholders’ equity
11,807
10,686
11,551
Non-controlling interest
500
384
317
Total equity
12,307
11,070
11,868
Total Liabilities and Equity
$ 30,976
$ 27,735
$ 28,500