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CORNING INC /NY

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Drawing And Insulating Of Nonferrous Wire
Last filing · Quarter 2 · Jun 30, 2026
Financial Statements Ratios
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Statement
Income StatementBalance Sheet
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USD ($)
$ in Millions 		Jun 30, 2026Mar 31, 2026Sep 30, 2025Jun 30, 2025Mar 31, 2025Sep 30, 2024Jun 30, 2024Mar 31, 2024Sep 30, 2023Jun 30, 2023Mar 31, 2023Sep 30, 2022Jun 30, 2022Mar 31, 2022Sep 30, 2021Jun 30, 2021Mar 31, 2021Sep 30, 2020Jun 30, 2020Mar 31, 2020Sep 30, 2019Jun 30, 2019Mar 31, 2019Sep 30, 2018Jun 30, 2018Mar 31, 2018Sep 30, 2017Jun 30, 2017Mar 31, 2017Sep 30, 2016Jun 30, 2016Sep 30, 2015Jun 30, 2015Mar 31, 2015Sep 30, 2014Jun 30, 2014Mar 31, 2014Sep 30, 2013Jun 30, 2013Mar 31, 2013Sep 30, 2012Jun 30, 2012Mar 31, 2012Sep 30, 2011Jun 30, 2011Mar 31, 2011Sep 30, 2010Jun 30, 2010Mar 31, 2010Sep 30, 2009Jun 30, 2009
Current assets:
                                                   
Assets
                                                   
Cash and cash equivalents
$ 2,504
$ 1,755
$ 1,648
$ 1,491
$ 1,359
$ 1,613
$ 1,419
$ 1,365
$ 1,639
$ 1,538
$ 1,146
$ 1,630
Short-term investments, at fair value
-
-
-
-
-
-
-
-
-
-
-
-
Total cash, cash equivalents and short-term investments
-
-
-
-
-
-
-
-
-
-
-
-
Trade accounts receivable, net of doubtful accounts - $29 and $27
2,932
2,676
2,509
2,298
2,045
1,986
1,721
1,621
1,725
1,674
1,688
1,620
Inventories (Note 3)
3,426
3,279
3,104
3,084
2,896
2,793
2,682
2,713
2,655
2,757
2,863
2,951
Deferred income taxes (Note 4)
-
-
-
-
-
-
-
-
-
-
-
-
Other current assets (Note 5)
2,055
1,816
1,416
1,323
1,344
1,284
1,299
1,272
1,279
1,324
1,180
1,603
Total current assets
10,917
9,526
8,677
8,196
7,644
7,676
7,121
6,971
7,298
7,293
6,877
7,804
us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
-
-
-
-
-
-
-
-
-
-
-
-
Property, plant and equipment, net of accumulated depreciation - $15,460 and $15,229
14,927
14,785
14,397
13,881
13,360
14,059
13,742
14,199
14,407
14,681
15,137
14,645
Goodwill
2,476
2,479
2,489
2,492
2,371
2,390
2,365
2,370
2,372
2,382
2,394
2,368
Other intangible assets, net
610
632
684
711
732
814
836
871
938
972
1,002
1,049
Deferred income taxes (Note 11)
1,610
1,569
1,296
1,187
1,183
1,211
1,134
1,132
1,037
1,083
1,106
998
Goodwill and other intangible assets, net (Note 12)
-
-
-
-
-
-
-
-
-
-
-
-
Other assets (Note 5)
2,416
2,262
2,373
2,278
2,104
2,172
1,981
2,075
2,226
2,234
2,306
1,871
Total Assets
32,956
31,253
29,916
28,745
27,394
28,322
27,179
27,618
28,278
28,645
28,822
28,735
Cash, Cash Equivalents, and Short-term Investments [Abstract]
                                                   
Short-term Investments [Abstract]
                                                   
Marketable Securities, Current [Abstract]
                                                   
Receivables, Net, Current [Abstract]
                                                   
Accounts, Notes, Loans and Financing Receivable, Net, Current [Abstract]
                                                   
Deferred Costs, Current [Abstract]
                                                   
Assets, Noncurrent [Abstract]
                                                   
Property, Plant and Equipment, Net [Abstract]
                                                   
Long-term Investments and Receivables, Net [Abstract]
                                                   
Long-term Investments [Abstract]
                                                   
Marketable Securities, Noncurrent [Abstract]
                                                   
Accounts, Notes, Loans and Financing Receivable, Net, Noncurrent [Abstract]
                                                   
Intangible Assets, Net (Excluding Goodwill) [Abstract]
                                                   
Finite-Lived Intangible Assets, Net [Abstract]
                                                   
Liabilities and Equity
                                                   
Current liabilities:
                                                   
Current portion of long-term debt and short-term borrowings (Note 6)
668
1,255
812
786
283
335
376
318
297
187
197
208
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]
                                                   
Partners' Capital [Abstract]
                                                   
Liabilities and Equity
                                                   
Current portion of long-term debt (Note 3)
-
-
-
-
-
-
-
-
-
-
-
-
Current portion of long-term debt (Note 3)
-
-
-
-
-
-
-
-
-
-
-
-
Accounts payable
2,361
2,251
2,029
1,931
1,737
1,565
1,466
1,476
1,459
1,519
1,662
1,808
Other accrued liabilities (Notes 5 and 8)
2,992
2,410
2,736
2,758
2,503
2,737
2,684
2,381
2,529
2,705
2,914
3,151
Total current liabilities
6,021
5,916
5,577
5,475
4,523
4,637
4,526
4,175
4,285
4,411
4,773
5,167
Long-term debt (Note 6)
7,756
7,718
7,407
6,714
6,954
7,073
6,908
7,050
7,210
7,437
6,654
6,525
Postretirement benefits other than pensions (Note 7)
325
311
301
302
333
357
360
399
406
407
405
585
Other liabilities (Notes 5 and 8)
5,727
4,959
4,626
4,709
4,456
4,788
4,458
4,435
4,633
4,680
4,783
4,910
Accounts Payable and Accrued Liabilities, Current [Abstract]
                                                   
Debt, Current [Abstract]
                                                   
Long-term Debt and Capital Lease Obligations, Current [Abstract]
                                                   
Long-term Debt, Current Maturities [Abstract]
                                                   
Notes and Loans Payable, Current [Abstract]
                                                   
Liabilities, Noncurrent [Abstract]
                                                   
Long-term Debt and Capital Lease Obligations [Abstract]
                                                   
Long-term Debt, Excluding Current Maturities [Abstract]
                                                   
Notes and Loans, Noncurrent [Abstract]
                                                   
Total liabilities
19,829
18,904
17,911
17,200
16,266
16,855
16,252
16,059
16,534
16,935
16,615
17,187
Shareholders’ equity: (Note 12)
                                                   
Convertible preferred stock, Series A – Par value $100 per share; Shares authorized 3,100; Shares issued: 2,300
-
-
-
-
-
-
-
-
-
-
-
-
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.9 billion and 1.8 billion
927
925
924
923
922
920
919
917
915
915
911
910
Additional paid-in capital – common stock
18,636
17,704
17,503
17,389
17,327
17,177
17,081
16,998
16,877
16,817
16,746
16,649
Retained earnings
16,747
16,680
16,253
15,823
15,839
15,859
15,976
16,358
16,673
16,509
16,713
17,044
Treasury stock, at cost; Shares held: 994 million and 992 million
21,429
21,206
21,127
21,085
21,012
20,845
20,799
20,672
20,633
20,630
20,548
20,528
Accumulated other comprehensive loss
(2,321)
(2,291)
(2,017)
(1,934)
(2,360)
(2,008)
(2,592)
(2,375)
(2,402)
(2,199)
(1,897)
(2,791)
Total Corning Incorporated shareholders’ equity
12,560
11,812
11,536
11,116
10,716
11,103
10,585
11,226
11,430
11,412
11,925
11,284
Stockholders' Equity Attributable to Parent [Abstract]
                                                   
Non-controlling interest
567
537
469
429
412
364
342
333
314
298
282
264
Total equity
13,127
12,349
12,005
11,545
11,128
11,467
10,927
11,559
11,744
11,710
12,207
11,548
Total Liabilities and Equity
$ 32,956
$ 31,253
$ 29,916
$ 28,745
$ 27,394
$ 28,322
$ 27,179
$ 27,618
$ 28,278
$ 28,645
$ 28,822
$ 28,735