-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NrKQwrmxcT619C2MEP/66HCaWeyC5DEZHb93CPxoZ+04uVk2Qil5PUlHryk5QnB+ mrYEhEg49ODEwU0W2oGYxQ== 0000024741-08-000255.txt : 20081010 0000024741-08-000255.hdr.sgml : 20081010 20081010162538 ACCESSION NUMBER: 0000024741-08-000255 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 7 CONFORMED PERIOD OF REPORT: 20080331 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081010 DATE AS OF CHANGE: 20081010 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CORNING INC /NY CENTRAL INDEX KEY: 0000024741 STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357] IRS NUMBER: 160393470 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03247 FILM NUMBER: 081118621 BUSINESS ADDRESS: STREET 1: ONE RIVERFRONT PLAZA CITY: CORNING STATE: NY ZIP: 14831 BUSINESS PHONE: 6079749000 MAIL ADDRESS: STREET 1: ONE RIVERFRONT PLAZA CITY: CORNING STATE: NY ZIP: 14831 FORMER COMPANY: FORMER CONFORMED NAME: CORNING GLASS WORKS DATE OF NAME CHANGE: 19890512 8-K 1 xbrl8k.htm XBRL FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

 

Date of Report: (Date of earliest event reported)  October 10, 2008

 

 

CORNING INCORPORATED

(Exact name of registrant as specified in its charter)

 

 

New York

1-3247

16-0393470

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

 

One Riverfront Plaza, Corning, New York

 

14831

(Address of principal executive offices)

 

(Zip Code)

 

 

(607) 974-9000

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


Item 8.01. Other Events

 

Attached as Exhibit 100 to this Current Report on Form 8-K are documents that contain information from Corning Incorporated’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, filed with the Securities and Exchange Commission on April 29, 2008, formatted in XBRL (eXtensible Business Reporting Language). Pursuant to Rule 401 of Regulation S-T users of this data are advised that the financial and other information contained in the XBRL-related documents is unaudited and that these are not the official publicly filed financial statements of Corning Incorporated. The purpose of submitting these XBRL formatted documents is to test the related format and technology and, as a result, investors should continue to rely on the official filed version of the furnished documents and not rely on the information in this Current Report on Form 8-K, including Exhibit 100, in making investment decisions.

 

In accordance with Rule 402 of Regulation S-T, the information in this Current Report on Form 8-K, including Exhibit 100, shall not be deemed to be “filed” for purposes of Section 11 of the Securities Act of 1933, as amended (the “Securities Act”), or Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of those sections, are not part of any registration statement, and are not deemed to be and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01. Financial Statements and Exhibits

 

 

(d)

Exhibits

 

 

100

The following materials from Corning Incorporated’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, filed on April 29, 2008, have been formatted in XBRL: (i) Condensed Consolidated Statements of Operations for the three months ended March 31, 2008 and 2007, (ii) Condensed Consolidated Balance Sheets at March 31, 2008 and December 31, 2007, (iii) Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2008 and 2007 and (iv) Notes to Consolidated Financial Statements.

 

 

 

- 2 -

 

 


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

 

CORNING INCORPORATED

 

 

Registrant

 

 

 

 

 

 

 

 

 

Date: October 10, 2008

By /s/

KATHERINE A. ASBECK

 

 

Katherine A. Asbeck

 

 

Senior Vice President - Finance

 

 

 

- 3 -

 

 


EXHIBIT INDEX

 

 

Exhibit
Number

 

Description

 

 

 

Exhibit 100.INS

 

XBRL Instance Document

 

 

 

Exhibit 100.SCH

 

XBRL Taxonomy Extension Schema Document

 

 

 

Exhibit 100.CAL

 

XBRL Taxonomy Extension Calculation Linkbase Document

 

 

 

Exhibit 100.LAB

 

XBRL Taxonomy Extension Label Linkbase Document

 

 

 

Exhibit 100.PRE

 

XBRL Taxonomy Extension Presentation Linkbase Document

 

 

 

Exhibit 100.DEF

 

XBRL Taxonomy Extension Definition Linkbase Document

 

 

 

 

- 4 -

 

 

 

EX-100.INS 2 glw-20080331.xml XBRL INSTANCE DOCUMENT 0000024741 2007-03-31 0000024741 2006-12-31 0000024741 2008-03-31 0000024741 2007-12-31 0000024741 2008-01-01 2008-03-31 0000024741 2007-01-01 2007-03-31 iso4217:USD xbrli:shares xbrli:shares xbrli:pure iso4217:USD 110000000 -327000000 110000000 -327000000 -33000000 -66000000 -92000000 -48000000 308000000 306000000 111000000 724000000 130000000 151000000 609000000 701000000 856000000 988000000 1880000000 1083000000 4459000000 4741000000 -90000000 231000000 12281000000 12349000000 20000000 23000000 3000000 2000000 15215000000 16263000000 5294000000 5339000000 1157000000 1123000000 2216000000 2124000000 -34000000 -92000000 3516000000 3309000000 0 0 0.05 0.5 0.5 3.8 3.8 1598000000 1602000000 799000000 801000000 716000000 773000000 0 -2000000 54000000 47000000 202000000 229000000 150000000 157000000 0.21 0.66 0.2 0.64 10000000 117000000 15000000 0 -15000000 0 591000000 844000000 167000000 790000000 216000000 304000000 -67000000 -153000000 -56000000 -66000000 -130000000 -232000000 -28000000 -50000000 -42000000 -32000000 -57000000 -21000000 12000000 5000000 21000000 18000000 631000000 692000000 37000000 30000000 5673000000 5476000000 15215000000 16263000000 2512000000 1862000000 23000000 78000000 1514000000 1503000000 3036000000 3098000000 46000000 47000000 0 1000000 -220000000 -129000000 -17000000 -375000000 193000000 295000000 327000000 1029000000 134000000 777000000 237000000 303000000 389000000 454000000 903000000 1368000000 32000000 1000000 744000000 743000000 262000000 467000000 0 62000000 -11000000 -7000000 0 78000000 553000000 724000000 4000000 4000000 0 -2000000 -8000000 -9000000 798000000 816000000 22000000 18000000 5986000000 6837000000 238000000 0 0 -1000000 0 -1000000 -3002000000 -2053000000 1307000000 1617000000 214000000 242000000 36000000 41000000 1300000000 1185000000 9496000000 10740000000 30000000 34000000 492000000 588000000 <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;tab-stops:.25in; mso-layout-grid-align:none;text-autospace:none"><a name="_AUC2efe962a53f64998ad6750150ffb905a"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">11.<span style="mso-tab-count:1"> </span>Customer Deposits </span></b></a></p> <p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In 2005 and 2004, several of Corning's customers entered into long-term purchase and supply agreements in which Corning's Display Technologies segment will supply large-size glass substrates to these customers over periods of up to six years.<span style="mso-spacerun:yes"> </span>As part of the agreements, these customers agreed to advance cash deposits to Corning for a portion of the contracted glass to be purchased.<span style="mso-spacerun:yes"> </span>We received our last deposit of $105 million in July 2007 and do not expect to receive additional deposits related to these agreements.</span></span></p> <p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Customer deposits received under these agreements are as follows (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-yfti-tbllook:480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="394" valign="bottom" style="width:295.4pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" colspan="2" valign="bottom" style="width:40.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2004</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" colspan="2" valign="bottom" style="width:40.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2005</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" colspan="2" valign="bottom" style="width:40.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2006</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" colspan="2" valign="bottom" style="width:40.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2007</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="55" colspan="2" valign="bottom" style="width:41.6pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Total</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="394" valign="bottom" style="width:295.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="37" valign="bottom" style="width:28.1pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2;mso-yfti-lastrow:yes"> <td width="394" valign="bottom" style="width:295.4pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Customer deposits received</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">204</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">457</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">171</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">105</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="37" valign="bottom" style="width:28.1pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-layout-grid-align: none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">937</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoBodyText"><span ><span style="color:windowtext">Upon receipt of the cash deposits made by customers, we recorded a customer deposit liability.<span style="mso-spacerun:yes"> </span>This liability is reduced at the time of future product sales over the life of the agreements.<span style="mso-spacerun:yes"> </span>As product is shipped to a customer, Corning recognizes revenue at the selling price and issues credit memoranda for an agreed amount of the customer deposit liability.<span style="mso-spacerun:yes"> </span>The credit memoranda are applied against customer receivables resulting from the sale of product, thus reducing operating cash flows in later periods as these credits are applied for cash deposits received in earlier periods.</span></span></p> <p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="titles" style="tab-stops:2.0in right 2.5in left 189.0pt right 225.0pt left 3.25in right 3.75in left 4.0in right 4.5in left 333.0pt right 369.0pt left 387.0pt right 423.0pt left 436.5pt right 472.5pt left 495.0pt right 531.0pt"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">During the three months ended </span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt">March 31, 2008 and 2007</span></span><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">, we issued $</span></span><span ><span style="font-size:11.0pt">66</span></span><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no"> million and $33 million, respectively, in credit memoranda.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="titles" style="margin-left:.25in;text-indent:-.25in;tab-stops:2.0in right 2.5in left 189.0pt right 225.0pt left 3.25in right 3.75in left 4.0in right 4.5in left 333.0pt right 369.0pt left 387.0pt right 423.0pt left 436.5pt right 472.5pt left 495.0pt right 531.0pt"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> <p class="titles" style="tab-stops:2.0in right 2.5in left 189.0pt right 225.0pt left 3.25in right 3.75in left 4.0in right 4.5in left 333.0pt right 369.0pt left 387.0pt right 423.0pt left 436.5pt right 472.5pt left 495.0pt right 531.0pt"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">Customer deposit liabilities were $540</span></span><span ><span style="font-size:11.0pt"> </span></span><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">million and $531 million at </span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt">March 31, 2008 </span></span><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">and December 31, 2007, respectively, of which $</span></span><span ><span style="font-size:11.0pt">281 </span></span><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">million and $222 million, respectively, were recorded in the current portion of other accrued liabilities in our consolidated balance sheets.<span style="mso-spacerun:yes"> </span>Because these liabilities are denominated in Japanese yen, changes in the balances include the impact of movements in the Japanese yen-U.S. dollar exchange rate.</span></span></p> <p class="titles" style="tab-stops:2.0in right 2.5in left 189.0pt right 225.0pt left 3.25in right 3.75in left 4.0in right 4.5in left 333.0pt right 369.0pt left 387.0pt right 423.0pt left 436.5pt right 472.5pt left 495.0pt right 531.0pt"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> <span ><span style="font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA">In the event customers do not purchase the agreed upon quantities of product, subject to specific conditions outlined in the agreements, Corning may retain certain amounts of the customer deposits.<span style="mso-spacerun:yes"> </span>If Corning does not deliver agreed upon product quantities, subject to specific conditions outlined in the agreements, Corning may be required to return certain amounts of customer deposits.</span></span><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; 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margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; tab-stops:center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in; font-size:11.0pt; font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"; color:black; mso-fareast-language:ZH-CN;} span.BodyTextChar {mso-style-name:"Body Text Char"; mso-style-unhide:no; mso-style-locked:yes; mso-style-link:"Body Text"; mso-ansi-font-size:11.0pt; mso-bidi-font-size:11.0pt; color:black; mso-fareast-language:ZH-CN;} p.titles, li.titles, div.titles {mso-style-name:titles; mso-style-unhide:no; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"; letter-spacing:.5pt; mso-fareast-language:ZH-CN; mso-no-proof:yes;} ..MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="tab-stops:.25in"><a name="_AUC45c3a645e06c42c8acc33cf313670486"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">6.<span style="mso-tab-count:1"> </span>Earnings per Common Share</span></b></a></p> <p class="MsoNormal" style="margin-top:0in;margin-right:.25in;margin-bottom:0in; margin-left:.5in;margin-bottom:.0001pt;text-indent:-.5in;mso-hyphenate:none"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The reconciliation of the amounts used in the basic and diluted earnings per common share computations follows (in millions, except per share amounts):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="99%" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.15pt 0in 2.15pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="303" valign="top" style="width:227.15pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="432" colspan="15" valign="top" style="width:4.5in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="margin-right:.25in;text-align:center; mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months&nbsp;ended&nbsp;March&nbsp;31,</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1;height:12.95pt"> <td width="303" valign="top" style="width:227.15pt;padding:0in 2.15pt 0in 2.15pt; height:12.95pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="210" colspan="7" valign="top" style="width:157.5pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt; height:12.95pt"> <p class="MsoNormal" align="center" style="margin-right:.25in;text-align:center; mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2008</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt; height:12.95pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="204" colspan="7" valign="top" style="width:153.0pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt; height:12.95pt"> <p class="MsoNormal" style="margin-right:.25in;text-indent:.95in;mso-hyphenate: none;tab-stops:center 78.45pt"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="303" valign="bottom" style="width:227.15pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" colspan="2" valign="bottom" style="width:45.0pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="margin-right:-.35pt;text-align:center; mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net<br> Income</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.25in;text-align:center; mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Weighted-<br> Average<br> Shares</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.25in;text-align:center; mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" colspan="2" valign="bottom" style="width:45.0pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Per<br> Share<br> Amount</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.25in;text-align:center; mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="53" colspan="2" valign="bottom" style="width:39.7pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net<br> Income</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.8pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.25in;text-align:center; mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Weighted-<br> Average<br> Shares</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.25in;text-align:center; mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" colspan="2" valign="bottom" style="width:45.0pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="margin-right:-.25pt;text-align:center; mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Per<br> Share<br> Amount</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="303" valign="top" style="width:227.15pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="top" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="top" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="top" style="width:49.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="top" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="top" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="top" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="41" valign="top" style="width:30.7pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="top" style="width:9.8pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="top" style="width:49.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="top" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="top" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="303" valign="bottom" style="width:227.15pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.25in;margin-bottom: 0in;margin-left:4.5pt;margin-bottom:.0001pt;text-indent:-4.5pt;mso-hyphenate: none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Basic earnings per common share</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,029</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,566</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">0.66</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="41" valign="bottom" style="width:30.7pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">327</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.8pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,563</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">0.21</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="303" valign="bottom" style="width:227.15pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="41" valign="bottom" style="width:30.7pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.8pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="303" valign="bottom" style="width:227.15pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Effect of dilutive securities:</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="41" valign="bottom" style="width:30.7pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.8pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="303" valign="bottom" style="width:227.15pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.25in;margin-bottom: 0in;margin-left:13.5pt;margin-bottom:.0001pt;text-indent:-4.5pt;mso-hyphenate: none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Stock options and other dilutive securities</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">32</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="41" valign="bottom" style="width:30.7pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.8pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">37</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8"> <td width="303" valign="bottom" style="width:227.15pt;border:none;border-top: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.25in;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="41" valign="bottom" style="width:30.7pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.8pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:9;mso-yfti-lastrow:yes"> <td width="303" valign="bottom" style="width:227.15pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.25in;margin-bottom: 0in;margin-left:4.5pt;margin-bottom:.0001pt;text-indent:-4.5pt;mso-hyphenate: none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Diluted earnings per common share</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,029</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,598</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">0.64</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="41" valign="bottom" style="width:30.7pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">327</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.8pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,600</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">0.20</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="tab-stops:9.0pt .25in 211.5pt center 5.25in right 544.5pt"><span ><span style="font-size:10.5pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <span style="font-size:10.5pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="tab-stops:9.0pt .25in 211.5pt center 5.25in right 544.5pt"><span ><span style="font-size:10.5pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoBodyText2"><span >The following potential common shares were excluded from the calculation of diluted earnings per common share due to their anti-dilutive effect or, in the case of stock options, because their exercise price was greater than the average market price for the periods presented (in millions):</span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="592" valign="top" style="width:443.9pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText2" style="tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="144" colspan="3" valign="top" style="width:1.5in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText2" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">Three&nbsp;months&nbsp;ended<br> March&nbsp;31,</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="592" valign="top" style="width:443.9pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText2" style="tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="top" style="width:31.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText2" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">2008</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText2" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText2" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="592" valign="top" style="width:443.9pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText2" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="top" style="width:31.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText2" align="center" style="text-align:center"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText2" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText2" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3;mso-yfti-lastrow:yes"> <td width="592" valign="bottom" style="width:443.9pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText2" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="mso-fareast-font-family:SimSun">Stock options and other dilutive securities excluded from the calculation of diluted earnings per common share</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText2" align="center" style="text-align:center"><span ><span style="mso-fareast-font-family:SimSun">37</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText2" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText2" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="mso-fareast-font-family:SimSun">35</span></span></p> </td> <span ></span> </tr> </table><style> <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 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mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="tab-stops:.25in"><a name="_AUC3546e0df6368405d8d7b63fea3d7ffab"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">3.<span style="mso-tab-count:1"> </span>Commitments and Contingencies </span></b></a></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></b></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><i><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">Asbestos Settlement</span></i></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold"></span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:-1.8pt"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">Pittsburgh Corning Corporation.</span></b></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight: bold"><span style="mso-spacerun:yes"> </span>Corning and PPG Industries, Inc. (PPG) each own 50% of the capital stock of Pittsburgh Corning Corporation (PCC).<span style="mso-spacerun:yes"> </span>Over a period of more than two decades, PCC and several other defendants have been named in numerous lawsuits involving claims alleging personal injury from exposure to asbestos.<span style="mso-spacerun:yes"> </span>On April 16, 2000, PCC filed for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Western District of Pennsylvania.<span style="mso-spacerun:yes"> </span>At the time PCC filed for bankruptcy protection, there were approximately 12,400 claims pending against Corning in state court lawsuits alleging various theories of liability based on exposure to PCC's asbestos products and typically requesting monetary damages in excess of one million dollars per claim.<span style="mso-spacerun:yes"> </span>Corning has defended those claims on the basis of the separate corporate status of PCC and the absence of any facts supporting claims of direct liability arising from PCC's asbestos products.<span style="mso-spacerun:yes"> </span>Corning is also currently named in approximately 10,300 other cases (approximately 41,700 claims) alleging injuries from asbestos and similar amounts of monetary damages per claim.<span style="mso-spacerun:yes"> </span>Those cases have been covered by insurance without material impact to Corning to date.<span style="mso-spacerun:yes"> </span>As described below, several of Corning's insurance carriers have filed a legal proceeding concerning the extent of any insurance coverage for these claims.<span style="mso-spacerun:yes"> </span>Asbestos litigation is inherently difficult, and past trends in resolving these claims may not be indicators of future outcomes.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">On March 28, 2003, Corning announced that it had reached agreement with the representatives of asbestos claimants for the settlement of all current and future asbestos claims against it and PCC, which might arise from PCC products or operations (the 2003 Plan).<span style="mso-spacerun:yes"> </span>The 2003 Plan would have required Corning to relinquish its equity interest in PCC, contribute its equity interest in Pittsburgh Corning Europe N.V. (PCE), a Belgian corporation, contribute 25 million shares of Corning common stock, and pay a total of $140 million in six annual installments (present value $131 million at March 2003), beginning one year after the plan's effective date, with 5.5 percent interest from June 2004.<span style="mso-spacerun:yes"> </span>In addition, the 2003 Plan provided that Corning would assign certain insurance policy proceeds from its primary insurance and a portion of its excess insurance. </span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">On December 21, 2006, the Bankruptcy Court issued an order denying confirmation of the 2003 Plan for reasons it set out in a memorandum opinion.<span style="mso-spacerun:yes"> </span>Several parties, including Corning, filed motions for reconsideration.<span style="mso-spacerun:yes"> </span>These motions were argued on March 5, 2007, and the Bankruptcy Court reserved decision.</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">On January 10, 2008, some of the parties in the proceeding advised the Bankruptcy Court that they had made substantial progress on an amended plan of reorganization (the Amended PCC Plan) that resolved issues raised by the Court in denying the confirmation of the 2003 Plan and that would therefore make it unnecessary for the Bankruptcy Court to decide the motion for reconsideration.<span style="mso-spacerun:yes"> </span>On March 27, 2008, the parties further informed the Bankruptcy Court on the progress toward the Amended PCC Plan and the Bankruptcy Court ordered the parties to submit the Amended PCC Plan to the Court on May 9, 2008 and for objectors to the Amended PCC Plan to appear on May 22, 2008.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="titles"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> <p class="titles" style="tab-stops:76.5pt"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">As a result of progress in the parties' continuing negotiations, Corning believes the Amended PCC Plan now represents the most probable outcome of this matter and expects that such a proposed Amended PCC Plan will be filed with the Court.<span style="mso-spacerun:yes"> </span>At the same time, Corning believes the probability that the 2003 Plan will become effective has diminished and that plan no longer serves as the basis for the Company's best estimate of liability.<span style="mso-spacerun:yes"> </span>Key provisions of the proposed Amended PCC Plan that have been discussed appear to be acceptable to the parties and address the concerns expressed by the Bankruptcy Court.<span style="mso-spacerun:yes"> </span>Accordingly, in the first quarter of 2008, Corning adjusted its Asbestos Settlement Liability to reflect the components of the Amended PCC Plan.<span style="mso-spacerun:yes"> </span>The proposed settlement under the Amended PCC Plan requires Corning to contribute its equity interest in PCC and PCE and to contribute a fixed series of cash payments, recorded at present value on March 31, 2008.<span style="mso-spacerun:yes"> </span>Corning will have the option to use its shares rather than cash, but the liability is fixed by dollar value and not number of shares.</span></span></p> <p class="titles" style="tab-stops:76.5pt"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> <p class="titles" style="tab-stops:76.5pt"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">The Amended PCC Plan does not include non-PCC asbestos claims that may be or have been raised against Corning.<span style="mso-spacerun:yes"> </span>Corning has recorded an additional amount for such claims in its estimated asbestos settlement liability.<span style="mso-spacerun:yes"> </span>The liability for non-PCC claims was estimated based upon industry data for asbestos claims since Corning does not have recent claim history due to the injunction issued by the PCC Bankruptcy Court.<span style="mso-spacerun:yes"> </span>The liability represents the undiscounted projection of claims and related legal fees over the next 20 years.<span style="mso-spacerun:yes"> </span>The amount may need to be adjusted in future periods as more Company specific data becomes available.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">The liability for the Amended PCC Plan and the non-PCC asbestos claims was estimated to be $675 million at March 31, 2008, compared with an estimate of liability under the original 2003 Plan of $1,002 million at December 31, 2007.<span style="mso-spacerun:yes"> </span>A reduction in the liability of $327 million, representing the difference in the estimated value of these asbestos liabilities between December 31, 2007, and March 31, 2008, was recorded as a credit to earnings.<span style="mso-spacerun:yes"> </span>The reduction in the amount of the liability is principally driven by a change in the composition and corresponding valuation of assets that will be contributed to settle this matter.<span style="mso-spacerun:yes"> </span>The entire settlement obligation has been classified as a non-current liability as installment payments for the cash portion of the obligation are not planned to commence until more than 12 months after the Amended PCC Plan is ultimately confirmed and the PCE portion of the obligation will be fulfilled through the direct contribution of Corning's investment in PCE (currently recorded as a non-current other equity method investment).<span style="mso-spacerun:yes"> </span>The fair value of PCE and the associated liability currently exceed the recorded book value of the equity investment.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">In the first quarter of 2007, Corning recorded asbestos settlement expense under the terms of the 2003 Plan of $110 million.<span style="mso-spacerun:yes"> </span>This expense included $101 million to reflect the increase in the market value of Corning's common stock from December 31, 2006 to March 31, 2007, and $9 million to adjust the estimated fair value of the other components of the proposed asbestos settlement at that time.<span style="mso-spacerun:yes"> </span>Of the $1,002 million liability at December 31, 2007, $833 million was included in other accrued liabilities as a current liability, and $169 million was recorded within the other liabilities component in our consolidated balance sheets.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">The Amended PCC Plan is subject to a number of contingencies.<span style="mso-spacerun:yes"> </span>The parties have yet to reach final agreement on a number of terms and conditions that must be negotiated before the Amended PCC Plan can be filed.<span style="mso-spacerun:yes"> </span>There may be objections from opposing parties once the Amended PCC Plan is filed.<span style="mso-spacerun:yes"> </span>The approval of the Amended PCC Plan by the Bankruptcy Court is not certain. <span style="mso-spacerun:yes"></span>For these and other reasons, Corning's liability for these asbestos matters may be subject to changes in subsequent quarters.<span style="mso-spacerun:yes"> </span>The estimate of the cost of resolving the non-PCC asbestos claims may also be subject to change as developments occur.<span style="mso-spacerun:yes"> </span>Management continues to believe that the likelihood of the uncertainties surrounding these proceedings causing a material adverse impact to Corning's financial statements is remote.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">Two of Corning's primary insurers and several excess insurers have commenced litigation for a declaration of the rights and obligations of the parties under insurance policies, including rights that may be affected by the potential settlement arrangement described above.<span style="mso-spacerun:yes"> </span>Corning is vigorously contesting these cases.<span style="mso-spacerun:yes"> </span>Management is unable to predict the outcome of this insurance litigation.</span></span></p> <span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: ZH-CN;mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><i><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">Other Commitments and Contingencies</span></i></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold"></span></span></p> <p class="MsoBodyTextIndent2" style="margin-left:0in;text-indent:0in"><span >&nbsp;</span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In the normal course of our business, we do not routinely provide significant third-party guarantees.<span style="mso-spacerun:yes"> </span></span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">When provided, these guarantees have various terms, and none of these guarantees are individually significant.<span style="mso-spacerun:yes"> </span>Generally, third party guarantees provided by Corning are limited to certain financial guarantees including stand-by letters of credit and performance bonds, and the incurrence of contingent liabilities in the form of purchase price adjustment related to attainment of milestones</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">.</span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif""></span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">We have also agreed to provide a credit facility to Dow Corning Corporation (Dow Corning).<span style="mso-spacerun:yes"> </span>The funding of the Dow Corning $150 million credit facility is subject to events connected to the Dow Corning Bankruptcy Plan.<span style="mso-spacerun:yes"> </span>Refer to Note 7 (Investments) to the consolidated financial statements in our 2007 Form 10-K for a discussion of contingent liabilities associated with Dow Corning.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">As of March 31, 2008, contingent guarantees totaled a notional value of $309 million, compared with $325 million at December 31, 2007.<span style="mso-spacerun:yes"> </span>We also were contingently liable for purchase obligations of $230 million and $262 million, at March 31, 2008 and December 31, 2007, respectively.<span style="mso-spacerun:yes"> </span>We believe a significant majority of these guarantees and contingent liabilities will expire without being funded.</span></span></p> <p class="MsoBodyTextIndent2" style="margin-left:0in;text-indent:0in"><span >&nbsp;</span></p> <p class="MsoBodyTextIndent2" style="margin-left:0in;text-indent:0in"><span >Product warranty liability accruals at March 31, 2008 and December 31, 2007 were $23 million and $19 million, respectively.</span></p> <p class="MsoBodyTextIndent2" style="margin-left:0in;text-indent:0in"><span >&nbsp;</span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Corning is a defendant in various lawsuits, including environmental, product-related suits, the Dow Corning and PCC matters, discussed in Note 7 (Investments) to the consolidated financial statements in our 2007 Form 10-K and in Part II - Item 1, Legal Proceedings, and is subject to various claims which arise in the normal course of business.<span style="mso-spacerun:yes"> </span>In the opinion of management, the likelihood that the ultimate disposition of these matters will have a material adverse effect on Corning's consolidated financial position, liquidity, or results of operations, is remote.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"; mso-fareast-language:EN-US;layout-grid-mode:line">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-language: EN-US;layout-grid-mode:line"> has been named by the Environmental Protection Agency (the Agency) under the Superfund Act, or by state governments under similar state laws, as a potentially responsible party for 19 active hazardous waste sites.<span style="mso-spacerun:yes"> </span>Under the Superfund Act, all parties who may have contributed any waste to a hazardous waste site, identified by such Agency, are jointly and severally liable for the cost of cleanup unless the Agency agrees otherwise.<span style="mso-spacerun:yes"> </span>It is Corning's policy to accrue for its estimated liability related to Superfund sites and other environmental liabilities related to property owned by Corning based on expert analysis and continual monitoring by both internal and external consultants.<span style="mso-spacerun:yes"> </span>At March 31, 2008, and December 31, 2007, Corning had accrued approximately $19</span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif""> </span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-language: EN-US;layout-grid-mode:line">million for the estimated liability for environmental cleanup and related litigation.<span style="mso-spacerun:yes"> </span>Based upon the information developed to date, management believes that the accrued reserve is a reasonable estimate of the Company's liability and that the risk of an additional loss in an amount materially higher than that accrued is remote.</span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} p.MsoBodyTextIndent2, li.MsoBodyTextIndent2, div.MsoBodyTextIndent2 {mso-style-unhide:no; mso-style-link:"Body Text Indent 2 Char"; margin-top:0in; margin-right:0in; margin-bottom:0in; margin-left:.5in; margin-bottom:.0001pt; text-indent:-.5in; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} span.BodyTextIndent2Char {mso-style-name:"Body Text Indent 2 Char"; mso-style-unhide:no; mso-style-locked:yes; mso-style-link:"Body Text Indent 2"; mso-ansi-font-size:11.0pt; mso-bidi-font-size:11.0pt; mso-fareast-language:ZH-CN;} p.titles, li.titles, div.titles {mso-style-name:titles; mso-style-unhide:no; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"; letter-spacing:.5pt; mso-fareast-language:ZH-CN; mso-no-proof:yes;} ..MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.25in decimal 301.5pt 382.5pt"><a name="_AUCd9c04770bd1a43869e543af817116df0"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">16.<span style="mso-tab-count:1"> </span>Comprehensive Income </span></b></a></p> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom:0in; margin-left:.5in;margin-bottom:.0001pt;text-indent:-.5in;tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:.1in"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">Components of comprehensive income, on an after-tax basis where applicable, follow (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="565" valign="top" style="width:423.9pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="171" colspan="5" valign="top" style="width:128.0pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Three&nbsp;months<br> ended&nbsp;March&nbsp;31,</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="565" valign="top" style="width:423.9pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="69" colspan="2" valign="top" style="width:51.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="margin-right:-.9pt;text-align:center; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">2008&nbsp;</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(1)</span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun"></span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="top" style="width:.75in;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">2007&nbsp;</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(1)</span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun"></span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="565" valign="top" style="width:423.9pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="51" valign="top" style="width:38.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:-.9pt;text-align:center; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="565" valign="top" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:4.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Net income</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="51" valign="top" style="width:38.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">1,029&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">327&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="565" valign="top" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:4.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Other comprehensive income:</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="51" valign="top" style="width:38.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="565" valign="top" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:13.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Change in unrealized gain on investments, net</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="51" valign="top" style="width:38.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">(22)</span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="565" valign="top" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:13.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Change in unrealized gain on derivative instruments, net</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="51" valign="top" style="width:38.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">(99)</span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">(37)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="565" valign="top" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:13.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Reclassification adjustment relating to derivatives, net</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="51" valign="top" style="width:38.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">32&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">28&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8"> <td width="565" valign="top" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:13.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Foreign currency translation adjustment, net </span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="51" valign="top" style="width:38.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">396&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">19&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:9"> <td width="565" valign="top" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:13.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Amortization of prior pension costs, net</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="51" valign="top" style="width:38.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">13&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">20&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:10;mso-yfti-lastrow:yes"> <td width="565" valign="top" style="width:423.9pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 2.25pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-right:.1in"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Total comprehensive income</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 2.25pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="51" valign="top" style="width:38.0pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 2.25pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">1,349&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="top" style="width:22.5pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 2.25pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 2.25pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 2.25pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:-.9pt;text-align:right; tab-stops:decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">357&nbsp;</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom:0in; margin-left:.5in;margin-bottom:.0001pt;text-indent:-.5in;tab-stops:.5in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight: bold">(1)<span style="mso-tab-count:1"> </span>Other comprehensive income items for the three months ended </span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif"">March 31, 2008</span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif""> </span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight: bold">and 2007 include zero net tax effects.<span style="mso-spacerun:yes"> </span>Refer to Note 5 (Income Taxes) for an explanation of Corning's tax paying position.</span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font-alt:(R); mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} @font-face {font-family:"@SimSun"; panose-1:0 0 0 0 0 0 0 0 0 0; mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} ..MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoBodyTextIndent2" style="margin-left:0in;text-indent:0in;tab-stops: ..25in"><a name="_AUCa8a052a9ecd04b4db9030a9ef73030ec"><b style="mso-bidi-font-weight: normal">4.<span style="mso-tab-count:1"> </span>Debt</b></a></p> <p class="MsoBodyText2"><span >&nbsp;</span></p> <p class="MsoBodyText2"><span >There were no significant debt transactions in the first quarter of 2008.</span></p> <p class="MsoBodyText2"><span >&nbsp;</span></p> <p class="MsoBodyText2"><span >In the first quarter of 2007, we paid $238 million to redeem $223 million principal amount of our 6.25% Euro notes due 2010.<span style="mso-spacerun:yes"> </span>We recognized a loss of $15 million upon the early redemption of these notes.</span></p><style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} p.MsoBodyText2, li.MsoBodyText2, div.MsoBodyText2 {mso-style-unhide:no; mso-style-link:"Body Text 2 Char"; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} p.MsoBodyTextIndent2, li.MsoBodyTextIndent2, div.MsoBodyTextIndent2 {mso-style-unhide:no; mso-style-link:"Body Text Indent 2 Char"; margin-top:0in; margin-right:0in; margin-bottom:0in; margin-left:.5in; margin-bottom:.0001pt; text-indent:-.5in; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} span.BodyTextIndent2Char {mso-style-name:"Body Text Indent 2 Char"; mso-style-unhide:no; mso-style-locked:yes; mso-style-link:"Body Text Indent 2"; mso-ansi-font-size:11.0pt; mso-bidi-font-size:11.0pt; mso-fareast-language:ZH-CN;} span.BodyText2Char {mso-style-name:"Body Text 2 Char"; mso-style-unhide:no; mso-style-locked:yes; mso-style-link:"Body Text 2"; mso-ansi-font-size:11.0pt; mso-bidi-font-size:11.0pt; mso-fareast-language:ZH-CN;} ..MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom:0in; margin-left:.25in;margin-bottom:.0001pt;text-indent:-.25in;tab-stops:.25in decimal 301.5pt 382.5pt"><a name="_AUCad6b7c668ec84e0c81146f1b8a0b5ac3"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">13.<span style="mso-tab-count:1"> </span>Hedging Activities</span></b></a></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoBodyText" style="mso-list:skip"><span ><span style="color:windowtext">We operate and conduct business in many foreign countries and as a result are exposed to movements in foreign currency exchange rates.<span style="mso-spacerun:yes"> </span>Our exposure to exchange rate effects includes:</span></span></p> <p class="MsoBodyText" style="mso-list:skip"><span ><span style="color:windowtext">&nbsp;</span></span></p> <p class="MsoBodyText" style="margin-top:0in;margin-right:1.8pt;margin-bottom: 0in;margin-left:.25in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo1; tab-stops:.5in"><span ><![if !supportLists]><span style="font-family:Symbol;mso-fareast-font-family:Symbol;mso-bidi-font-family: Symbol;color:windowtext"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="color:windowtext">exchange rate movements on financial instruments and transactions denominated in foreign currencies which impact earnings, and</span></span></p> <p class="MsoBodyText" style="margin-top:0in;margin-right:1.8pt;margin-bottom: 0in;margin-left:.25in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo1; tab-stops:.5in"><span ><![if !supportLists]><span style="font-family:Symbol;mso-fareast-font-family:Symbol;mso-bidi-font-family: Symbol;color:windowtext"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="color:windowtext">exchange rate movements upon translation of net assets in foreign subsidiaries for which the functional currency is not the U.S. dollar, which impact our net equity.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoBodyText"><span ><span style="color:windowtext">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Our most significant foreign currency exposures relate to the Japanese yen, Korean won, New Taiwan dollar, and the Euro.<span style="mso-spacerun:yes"> </span>We selectively enter into foreign exchange forward and option contracts with durations generally 18 months or less to hedge our exposure to exchange rate risk on foreign source income and purchases.<span style="mso-spacerun:yes"> </span>The hedges are scheduled to mature coincident with the timing of the underlying foreign currency commitments and transactions.<span style="mso-spacerun:yes"> </span>The objective of these contracts is to neutralize the impact of exchange rate movements on our operating results.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">We engage in foreign currency hedging activities to reduce the risk that changes in exchange rates will adversely affect the eventual net cash flows resulting from the sale of products to foreign customers and purchases from foreign suppliers.<span style="mso-spacerun:yes"> </span>The hedge contracts reduce the exposure to fluctuations in exchange rate movements because the gains and losses associated with foreign currency balances and transactions are generally offset with gains and losses of the hedge contracts.<span style="mso-spacerun:yes"> </span>Because the impact of movements in foreign exchange rates on the value of hedge contracts offsets the related impact on the underlying items being hedged, these financial instruments help alleviate the risk that might otherwise result from currency exchange rate fluctuations.</span></span></p> <p class="MsoNormal" style="tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif""> is also exposed to movements in interest rates on its cash, cash equivalents, and debt obligations.<span style="mso-spacerun:yes"> </span>Corning uses interest rate derivatives from time to time to manage this exposure.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The following table summarizes the notional amounts and respective fair values of Corning's derivative financial instruments, which mature at varying dates (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="418" valign="bottom" style="width:313.4pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="144" colspan="5" valign="bottom" style="width:1.5in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">March&nbsp;31,&nbsp;2008</span></span></p> </td> <span ></span> <td width="24" valign="bottom" style="width:.25in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="150" colspan="5" valign="bottom" style="width:112.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">December&nbsp;31,&nbsp;2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="418" valign="bottom" style="width:313.4pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" colspan="2" valign="bottom" style="width:49.5pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Notional<br> Amount</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" colspan="2" valign="bottom" style="width:45.0pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Fair<br> Value</span></span></p> </td> <span ></span> <td width="24" valign="bottom" style="width:.25in;border:none;border-bottom:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:.75in;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Notional<br> Amount</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" colspan="2" valign="bottom" style="width:45.0pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Fair<br> Value</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2;height:11.6pt"> <td width="418" valign="bottom" style="width:313.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt;tab-stops: right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Foreign exchange forward contracts</span></span></p> </td> <span ></span> <td width="24" valign="bottom" style="width:.25in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,532</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(105)</span></span></p> </td> <span ></span> <td width="24" valign="bottom" style="width:.25in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,421</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt;height:11.6pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(8)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3;mso-yfti-lastrow:yes"> <td width="418" valign="bottom" style="width:313.4pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt;tab-stops: right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Interest rate fixed to floating swaps</span></span></p> </td> <span ></span> <td width="24" valign="bottom" style="width:.25in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">500</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">35&nbsp;</span></span></p> </td> <span ></span> <td width="24" valign="bottom" style="width:.25in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">500</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">13&nbsp;</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The forward and option contracts we use in managing our foreign currency exposures contain an element of risk in that the counterparties may be unable to meet the terms of the agreements.<span style="mso-spacerun:yes"> </span>However, we minimize this risk by limiting the counterparties to a diverse group of highly-rated major domestic and international financial institutions with which we have other financial relationships.<span style="mso-spacerun:yes"> </span>We are exposed to potential losses in the event of non-performance by these counterparties; however, we do not expect to record any losses as a result of counterparty default.<span style="mso-spacerun:yes"> </span>Neither we nor our counterparties are required to post collateral for these financial instruments.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The amount of ineffectiveness recorded in current period earnings, relative to derivatives was less than $0.5 million at March 31, 2008.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Corning uses derivative instruments (forwards) to limit the exposure to foreign currency fluctuations associated with certain monetary assets and liabilities.<span style="mso-spacerun:yes"> </span>These derivative instruments are not designated as hedging instruments for accounting purposes and, as such, are referred to as undesignated hedges.<span style="mso-spacerun:yes"> </span>Changes in the fair value of undesignated hedges are recorded in current period earnings in the other income, net component, along with the foreign currency gains and losses arising from the underlying monetary assets or liabilities in the consolidated statement of operations.<span style="mso-spacerun:yes"> </span>The notional amount of the undesignated derivatives at March 31, 2008 and December 31, 2007 was $663 million and $717 million, respectively.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><u><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Cash Flow Hedges</span></u></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Corning typically has cash flow hedges that are comprised of foreign exchange forward and option contracts.<span style="mso-spacerun:yes"> </span>The critical terms of each cash flow hedge are identical to the critical terms of the hedged item.<span style="mso-spacerun:yes"> </span>Therefore, Corning utilizes the critical terms test under SFAS 133, "Accounting for Derivative Instruments and Hedging Activities" (SFAS 133), and the presumption is that there is no hedge ineffectiveness as long as the critical terms of the hedge and the hedged item do not change.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif""> defers net gains and losses from cash flow hedges into accumulated other comprehensive income on the consolidated balance sheet until such time as the hedged item impacts earnings.<span style="mso-spacerun:yes"> </span>At that time, Corning reclassifies net gains and losses from cash flow hedges into the same line item of the consolidated statement of operations as where the effects of the hedged item are recorded, typically sales, cost of sales, or royalty income.<span style="mso-spacerun:yes"> </span>Amounts are reclassified from accumulated other comprehensive income when the underlying hedged item impacts earnings.<span style="mso-spacerun:yes"> </span>At March 31, 2008, the amount of net losses expected to be reclassified into earnings within the next 12 months is $90 million.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><u><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Fair Value Hedges</span></u></span></p> <p class="MsoBodyText2"><span >In October of 2007, we entered into four interest rate swaps that are designated as fair value hedges and economically exchange a notional amount of $500 million of previously issued fixed rate long-term debt to floating rate debt.<span style="mso-spacerun:yes"> </span>Under the terms of the swap agreements, we pay the counterparty a floating rate that is indexed to the three-month LIBOR rate.</span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">No net gains or losses were recorded in the consolidated statement of operations related to the Company's underlying debt and interest rate swap agreements.<span style="mso-spacerun:yes"> </span>At March 31, 2008, the fair value of the interest rate swap agreements recorded in the other assets line item and offset in the long-term debt line item of the consolidated balance sheet, was $35 million.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Each fair value hedge (swap) was entered into subsequent to the initial recognition of the hedged item; therefore these swaps do not meet the criteria to qualify for the shortcut method.<span style="mso-spacerun:yes"> </span>Therefore, Corning utilizes the long haul method for effectiveness analysis, both retrospectively and prospectively.<span style="mso-spacerun:yes"> </span>The analysis excludes the impact of credit risk from the assessment of hedge ineffectiveness.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Corning records net gains and losses from fair value hedges into the same line item of the consolidated statement of operations as where the effects of the hedged item are recorded.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><u><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Net Investment in Foreign Operations</span></u></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif""></span></span></p> <p class="MsoBodyTextIndent3" style="margin-left:0in"><span >We have issued foreign currency denominated debt that has been designated as a hedge of the net investment in a foreign operation.<span style="mso-spacerun:yes"> </span>The effective portion of the changes in fair value of the debt is reflected as a component of other accumulated comprehensive income (loss) as part of the foreign currency translation adjustment.<span style="mso-spacerun:yes"> </span>Net losses related to this investment included in the cumulative translation adjustment at March 31, 2008 and December 31, 2007, were $148 million and $143 million, respectively.</span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; 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style="margin-right:.1in;tab-stops:.25in decimal 301.5pt 382.5pt"><a name="_AUC89624a9fc2ef4934952bc6267172e6df"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">15.<span style="mso-tab-count:1"> </span></span></b></a><span ><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Share-based Compensation</span></b></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif""></span></span></p> <p class="MsoNormal"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">&nbsp;</span></b></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">Stock Compensation Plans</span></b></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">&nbsp;</span></b></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Effective January 1, 2006, the Company adopted SFAS 123(R).<span style="mso-spacerun:yes"> </span>SFAS 123(R) requires the measurement and recognition of compensation cost for all share-based payment awards made to employees and directors, including grants of employee stock options and employee stock purchases related to the Worldwide Employee Share Purchase Plan (WESPP), based on estimated fair values.<span style="mso-spacerun:yes"> </span>The Company elected to use the modified prospective transition method upon adoption of SFAS 123(R).</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Share-based compensation cost recognized under SFAS 123(R) was approximately $41</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun"> </span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">million and $36 million for the three months ended March 31, 2008 and 2007, respectively, and included (1) employee stock options, (2) time-based restricted stock, (3) performance-based restricted stock, and (4) the WESPP.<span style="mso-spacerun:yes"> </span>No tax benefits were attributed to the share-based compensation cost because a valuation allowance was maintained for substantially all net deferred tax assets.</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">Stock Options</span></b></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif""></span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Our stock option plans provide non-qualified and incentive stock options to purchase authorized but unissued or treasury shares at the market price on the grant date and generally become exercisable in installments from one to five years from the grant date.<span style="mso-spacerun:yes"> </span>The maximum term of non-qualified and incentive stock options is 10 years from the grant date.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The following table summarizes information concerning options outstanding including the related transactions under the options plans for the three months ended March 31, 2008:</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="99%" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:80.25pt"> <td width="316" valign="bottom" style="width:236.9pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:80.25pt"><span ></span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="96" valign="bottom" style="width:1.0in;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:80.25pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Number<br> of&nbsp;Shares<br> (in&nbsp;thousands)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:80.25pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" colspan="2" valign="bottom" style="width:58.5pt;border:none; border-top:solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt;height:80.25pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Weighted-<br> Average<br> Exercise<br> Price</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:80.25pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:80.25pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Weighted-<br> Average<br> Remaining<br> Contractual<br> Term&nbsp;in<br> Years</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:80.25pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="102" colspan="2" valign="bottom" style="width:76.5pt;border:none; border-top:solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt;height:80.25pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Aggregate<br> Intrinsic<br> Value<br> (in&nbsp;thousands)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="316" valign="bottom" style="width:236.9pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Options Outstanding as of December 31, 2007</span></span></p> </td> <span ></span> <td width="96" valign="bottom" style="width:1.0in;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:15.1pt;text-align:right; tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">88,010&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">26.44</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="316" valign="bottom" style="width:236.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:22.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Granted</span></span></p> </td> <span ></span> <td width="96" valign="bottom" style="width:1.0in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:15.1pt;text-align:right; tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2,073&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">23.95</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="316" valign="bottom" style="width:236.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:22.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Exercised</span></span></p> </td> <span ></span> <td width="96" valign="bottom" style="width:1.0in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:15.1pt;text-align:right; tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(2,187)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">9.04</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="316" valign="bottom" style="width:236.9pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:22.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Forfeited and Expired</span></span></p> </td> <span ></span> <td width="96" valign="bottom" style="width:1.0in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:15.1pt;text-align:right; tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(116)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">27.46</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="316" valign="bottom" style="width:236.9pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Options Outstanding as of March 31, 2008</span></span></p> </td> <span ></span> <td width="96" valign="bottom" style="width:1.0in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:15.1pt;text-align:right; tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">87,780&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">26.82</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:19.6pt;text-align:right; tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">5.02</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">655,422</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6;mso-yfti-lastrow:yes"> <td width="316" valign="bottom" style="width:236.9pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Options Exercisable as of March 31, 2008</span></span></p> </td> <span ></span> <td width="96" valign="bottom" style="width:1.0in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:15.1pt;text-align:right; tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">73,944&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">27.45</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:19.6pt;text-align:right; tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">4.33</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">633,397</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The aggregate intrinsic value (market value of stock less option exercise price) in the preceding table represents the total pretax intrinsic value, based on the Company's closing stock price on March 31, 2008, which would have been received by the option holders had all option holders exercised their options as of that date.</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoBodyText2" style="tab-stops:4.5pt 9.0pt .25in 27.0pt right 387.0pt 448.25pt 509.4pt"><span >As of March 31, 2008, there was approximately $49</span><span ><span style="mso-fareast-font-family:SimSun"> </span>million of unrecognized compensation cost related to stock options granted under the Plan.<span style="mso-spacerun:yes"> </span>The cost is expected to be recognized over a weighted-average period of 1.57 years.<span style="mso-spacerun:yes"> </span>Compensation cost related to stock options was approximately $</span><span ><span style="mso-fareast-font-family: SimSun">20 </span>million and $18 million for the three months ended March 31, 2008 and 2007, respectively.</span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Proceeds received from the exercise of stock options were $18</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun"> </span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">million for the three months ended March 31, 2008, and were included in financing activities on the Company's Consolidated Statements of Cash Flows.<span style="mso-spacerun:yes"> </span>The total intrinsic value of options exercised for the three months ended March 31, 2008 and 2007 was approximately $32</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun"> </span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">million and $52 million, respectively, which is currently deductible for tax purposes.<span style="mso-spacerun:yes"> </span>However, these tax benefits were not realized due to net operating loss carryforwards available to the Company.<span style="mso-spacerun:yes"> </span>Refer to Note 5 (Income Taxes).</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoBodyText2" style="tab-stops:4.5pt 9.0pt .25in 27.0pt right 387.0pt 448.25pt 509.4pt"><span >A lattice-based valuation model is used to estimate the fair values of option and restricted stock grants and incorporates the assumptions (including ranges of assumptions) noted in the table below.<span style="mso-spacerun:yes"> </span>Expected volatility is based on the blended short-term volatility (the arithmetic average of the implied volatility and the short-term historical volatility), long-term historical volatility of Corning's stock, and other factors.</span></p> <p class="MsoBodyText2" style="tab-stops:4.5pt 9.0pt .25in 27.0pt right 387.0pt 448.25pt 509.4pt"><span >&nbsp;</span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Corning also uses historical data to estimate future option exercise and employee termination within the valuation model.<span style="mso-spacerun:yes"> </span>Separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes.<span style="mso-spacerun:yes"> </span>The expected time to exercise of options granted is derived using a regression model and represents the period of time that options granted are expected to be outstanding.<span style="mso-spacerun:yes"> </span>The range given below results from certain groups of employees exhibiting different behavior.<span style="mso-spacerun:yes"> </span></span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-language: EN-US;mso-bidi-font-weight:bold">The risk-free rates used in the lattice model are derived from the U.S. Treasury yield curve in effect from the grant date to the option's expiration date.<span style="mso-spacerun:yes"> </span>Since period-by-period calculations are employed in the lattice model, Corning uses risk-free rates that apply from one period to the next, generally quarter to quarter.<span style="mso-spacerun:yes"> </span>Such rates are typically referred to as "forward" rates.<span style="mso-spacerun:yes"> </span>Being essentially marginal rates, forward rates both vary during the contractual term of the option and exhibit greater variation than the yield curve from which they are derived.</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-language: EN-US"></span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoFootnoteText" style="tab-stops:4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoFootnoteText"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The following inputs for the lattice-based valuation model were used for option grants under our Stock Option Plans:</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="736" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:41.25pt"> <td width="496" valign="bottom" style="width:371.9pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:41.25pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="111" valign="bottom" style="width:83.5pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:41.25pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months<br> ended<br> March&nbsp;31,&nbsp;2008</span></span></p> </td> <span ></span> <td width="21" valign="bottom" style="width:15.5pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:41.25pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="108" valign="bottom" style="width:81.0pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:41.25pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months<br> ended<br> March&nbsp;31,&nbsp;2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="496" valign="bottom" style="width:371.9pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Expected volatility</span></span></p> </td> <span ></span> <td width="111" valign="bottom" style="width:83.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">34-54%</span></span></p> </td> <span ></span> <td width="21" valign="bottom" style="width:15.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="108" valign="bottom" style="width:81.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">39-54%</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="496" valign="bottom" style="width:371.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Weighted-average volatility</span></span></p> </td> <span ></span> <td width="111" valign="bottom" style="width:83.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">51%</span></span></p> </td> <span ></span> <td width="21" valign="bottom" style="width:15.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="108" valign="bottom" style="width:81.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">51%</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="496" valign="bottom" style="width:371.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Expected dividends</span></span></p> </td> <span ></span> <td width="111" valign="bottom" style="width:83.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">0.85%</span></span></p> </td> <span ></span> <td width="21" valign="bottom" style="width:15.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="108" valign="bottom" style="width:81.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">0</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="496" valign="bottom" style="width:371.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Risk-free rate</span></span></p> </td> <span ></span> <td width="111" valign="bottom" style="width:83.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2.0-6.0%</span></span></p> </td> <span ></span> <td width="21" valign="bottom" style="width:15.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="108" valign="bottom" style="width:81.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">4.6-5.2%</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="496" valign="bottom" style="width:371.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Average risk-free rate</span></span></p> </td> <span ></span> <td width="111" valign="bottom" style="width:83.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3.9%</span></span></p> </td> <span ></span> <td width="21" valign="bottom" style="width:15.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="108" valign="bottom" style="width:81.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">4.8%</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="496" valign="bottom" style="width:371.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Expected time to exercise (in years)</span></span></p> </td> <span ></span> <td width="111" valign="bottom" style="width:83.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2.2-5.4</span></span></p> </td> <span ></span> <td width="21" valign="bottom" style="width:15.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="108" valign="bottom" style="width:81.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2.2-5.4</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="496" valign="bottom" style="width:371.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Pre-vesting departure rate</span></span></p> </td> <span ></span> <td width="111" valign="bottom" style="width:83.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1.5-2.6%</span></span></p> </td> <span ></span> <td width="21" valign="bottom" style="width:15.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="108" valign="bottom" style="width:81.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1.6-2.5%</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8;mso-yfti-lastrow:yes"> <td width="496" valign="bottom" style="width:371.9pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Post vesting departure rate</span></span></p> </td> <span ></span> <td width="111" valign="bottom" style="width:83.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3.5-6.3%</span></span></p> </td> <span ></span> <td width="21" valign="bottom" style="width:15.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="108" valign="bottom" style="width:81.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoFootnoteText" align="center" style="text-align:center;tab-stops: 4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3.8-6.7%</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoFootnoteText" style="tab-stops:4.5pt 9.0pt .25in 27.0pt right 3.0in 4.0in 5.0in 526.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <h4 style="tab-stops:4.5pt 9.0pt .25in .5in 297.0pt 5.0in right 384.0pt left 423.0pt right 436.05pt 487.95pt left 490.5pt"><span ><span style="color:windowtext">Incentive Stock Plans</span></span></h4> <p class="MsoNormal" style="tab-stops:4.5pt right 62.2pt 145.85pt 225.0pt 304.55pt 392.5pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt right 62.2pt 145.85pt 225.0pt 304.55pt 392.5pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The Corning Incentive Stock Plan permits stock grants, either determined by specific performance goals or issued directly, in most instances, subject to the possibility of forfeiture and without cash consideration.<span style="mso-spacerun:yes"> </span>Shares under the Incentive Stock Plan are generally granted at-the-money, contingently vest over a period of 1 to 10 years, and have contractual lives of 1 to 10 years.</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt 9.0pt .25in 27.0pt right 387.0pt 448.25pt 509.4pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt 9.0pt .25in 27.0pt right 387.0pt 448.25pt 509.4pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The fair value of each restricted stock grant under the Incentive Stock Plans was estimated on the date of grant for performance based grants assuming that performance goals will be achieved.<span style="mso-spacerun:yes"> </span>The expected term for grants under the Incentive Stock Plans is 1 to 10 years.</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt 9.0pt .25in 27.0pt right 387.0pt 448.25pt 509.4pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><u><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Time-Based Restricted Stock:</span></u></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Time-based restricted stock is issued by the Company on a discretionary basis, and is payable in shares of the Company's common stock upon vesting. <span style="mso-spacerun:yes"></span>The fair value is based on the market price of the Company's stock on the grant date.<span style="mso-spacerun:yes"> </span>Compensation cost is recognized over the requisite vesting period and adjusted for actual forfeitures before vesting.</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The following table represents a summary of the status of the Company's nonvested time-based restricted stock as of December 31, 2007, and changes during the three months ended March 31, 2008:</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="99%" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="586" valign="bottom" style="width:439.4pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Nonvested shares</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Shares<br> (000's)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" colspan="2" valign="bottom" style="width:58.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Weighted-<br> Average<br> Grant-Date<br> Fair&nbsp;Value</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="586" valign="bottom" style="width:439.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Nonvested shares at December 31, 2007</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,065&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">18.15</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="586" valign="bottom" style="width:439.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Granted</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">679&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">23.46</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="586" valign="bottom" style="width:439.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Vested</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(40)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">19.43</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="586" valign="bottom" style="width:439.4pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Forfeited</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5;mso-yfti-lastrow:yes"> <td width="586" valign="bottom" style="width:439.4pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Nonvested shares at March 31, 2008</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,704&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">20.24</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">As of March 31, 2008, there was approximately $22 million of unrecognized compensation cost related to non-vested time-based restricted stock compensation arrangements granted under the Plan.<span style="mso-spacerun:yes"> </span>The cost is expected to be recognized over a weighted-average period of 3.74 years.<span style="mso-spacerun:yes"> </span>Compensation cost related to time-based restricted stock was approximately $2 million and $1 million for the three months ended March 31, 2008 and 2007, respectively.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><u><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Performance-Based Restricted Stock:</span></u></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">&nbsp;</span></b></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Performance-based restricted stock is earned upon the achievement of certain targets, and is payable in shares of the Company's common stock upon vesting typically over a three-year period.<span style="mso-spacerun:yes"> </span>The fair value is based on the market price of the Company's stock on the grant date and assumes that the target payout level will be achieved.<span style="mso-spacerun:yes"> </span>Compensation cost is recognized over the requisite vesting period and adjusted for actual forfeitures before vesting.<span style="mso-spacerun:yes"> </span>During the performance period, compensation cost may be adjusted based on changes in the expected outcome of the performance-related target.</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The following table represents a summary of the status of the Company's nonvested performance-based restricted stock units as of December 31, 2007, and changes during the three months ended March 31, 2008:</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="99%" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="586" valign="bottom" style="width:439.4pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Nonvested shares</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Shares<br> (000's)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" colspan="2" valign="bottom" style="width:58.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Weighted-<br> Average<br> Grant-Date<br> Fair&nbsp;Value</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="586" valign="bottom" style="width:439.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Nonvested shares at December 31, 2007</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">8,770&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">18.80</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="586" valign="bottom" style="width:439.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Granted</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">799&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">22.86</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="586" valign="bottom" style="width:439.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Vested</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(3,262)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">12.74</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="586" valign="bottom" style="width:439.4pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Forfeited</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(54)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">23.18</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5;mso-yfti-lastrow:yes"> <td width="586" valign="bottom" style="width:439.4pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Nonvested shares at March 31, 2008</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">6,253&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">22.45</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">As of March 31, 2008, there was approximately $83 million of unrecognized compensation cost related to non-vested performance-based restricted stock compensation arrangements granted under the Plan.<span style="mso-spacerun:yes"> </span>The cost is expected to be recognized over a weighted-average period of 2.24 years.<span style="mso-spacerun:yes"> </span>Compensation cost related to performance-based restricted stock was approximately $17 million and $15 million for the three months ended March 31, 2008 and 2007, respectively.</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">Worldwide Employee Stock Purchase Plan</span></b></span></p> <p class="MsoNormal" style="tab-stops:4.5pt"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">&nbsp;</span></b></span></p> <p class="MsoNormal" style="tab-stops:4.5pt 9.0pt .25in right 384.0pt 436.05pt 487.95pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In addition to the Stock Option Plan and Incentive Stock Plans, we have a Worldwide Employee Share Purchase Plan (WESPP).<span style="mso-spacerun:yes"> </span>Under the WESPP, substantially all employees can elect to have up to 10% of their annual wages withheld to purchase our common stock.<span style="mso-spacerun:yes"> </span>The purchase price of the stock is 85% of the end-of-quarter closing market price.<span style="mso-spacerun:yes"> </span>Compensation cost related to the WESPP for all periods presented is immaterial.</span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font-alt:(R); mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; 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mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.25in 373.5pt 6.5in"><a name="_AUC39772c86266e4c178dfe0a7982675133"><b><span style="font-size:11.0pt; font-family:"Times New Roman","serif"">9.<span style="mso-tab-count:1"> </span>Investments</span></b></a></p> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:.1in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Investments comprise the following (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="99%" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.15pt 0in 2.15pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="423" valign="top" style="width:317.15pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="102" valign="top" style="width:76.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Ownership<br> Interest&nbsp;</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(1)</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun"></span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" colspan="2" valign="top" style="width:58.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="margin-right:-.9pt;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">March&nbsp;31,<br> 2008</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="96" colspan="2" valign="top" style="width:1.0in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">December&nbsp;31,<br> 2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="423" valign="bottom" style="width:317.15pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:4.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Affiliated companies accounted for by the equity method</span></span></p> </td> <span ></span> <td width="102" valign="top" style="width:76.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="top" style="width:45.0pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="top" style="width:58.5pt;border:none;border-top:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="423" valign="bottom" style="width:317.15pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:13.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Samsung Corning Precision Glass Co., Ltd.</span></span></p> </td> <span ></span> <td width="102" valign="bottom" style="width:76.5pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">50%</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,832</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,863</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="423" valign="bottom" style="width:317.15pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:13.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Dow Corning Corporation</span></span></p> </td> <span ></span> <td width="102" valign="bottom" style="width:76.5pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">50%</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">997</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">931</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="423" valign="bottom" style="width:317.15pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:13.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">All other</span></span></p> </td> <span ></span> <td width="102" valign="bottom" style="width:76.5pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">25%-50%</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">265</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">238</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="423" valign="bottom" style="width:317.15pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="102" valign="bottom" style="width:76.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3,094</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3,032</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="423" valign="bottom" style="width:317.15pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:4.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Other investments</span></span></p> </td> <span ></span> <td width="102" valign="bottom" style="width:76.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">4</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">4</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7;mso-yfti-lastrow:yes"> <td width="423" valign="bottom" style="width:317.15pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-top:0in;margin-right:.1in;margin-bottom: 0in;margin-left:4.5pt;margin-bottom:.0001pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Total</span></span></p> </td> <span ></span> <td width="102" valign="bottom" style="width:76.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3,098</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3,036</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif"">(1)<span style="mso-tab-count:1"> </span>Amounts reflect Corning's direct ownership interests in the respective affiliated companies.<span style="mso-spacerun:yes"> </span>Corning does not control any of these entities.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="text-indent:.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Related party information for these investments in affiliates follows (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="736" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="526" valign="bottom" style="width:394.4pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="210" colspan="5" valign="bottom" style="width:157.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months&nbsp;ended&nbsp;March&nbsp;31,</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="526" valign="bottom" style="width:394.4pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="96" colspan="2" valign="bottom" style="width:1.0in;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2008</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="margin-right:.1in;text-align:center; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="96" colspan="2" valign="bottom" style="width:1.0in;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="526" valign="bottom" style="width:394.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Related Party Transactions:</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="526" valign="bottom" style="width:394.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Corning sales to affiliates</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">15</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">8</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="526" valign="bottom" style="width:394.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Corning purchases from affiliates</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">13</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">5</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="526" valign="bottom" style="width:394.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Dividends received from affiliates</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">151</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">149</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="526" valign="bottom" style="width:394.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Royalty income from affiliates</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">43</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">31</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="526" valign="bottom" style="width:394.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Corning transfers of assets, at cost, to affiliates</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">48</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:.1in;text-align:right; tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">28</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8"> <td width="526" valign="bottom" style="width:394.4pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:9"> <td width="526" valign="bottom" style="width:394.4pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="96" colspan="2" valign="bottom" style="width:1.0in;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">March&nbsp;31,<br> 2008</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="margin-right:.1in;tab-stops:373.5pt 6.5in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="96" colspan="2" valign="bottom" style="width:1.0in;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">December&nbsp;31,<br> 2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:10"> <td width="526" valign="bottom" style="width:394.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Related Party Amounts:</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:11;height:4.0pt"> <td width="526" valign="bottom" style="width:394.4pt;padding:0in 2.9pt 0in 2.9pt; height:4.0pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Balances due from affiliates</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt; height:4.0pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt; height:4.0pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">93</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt; height:4.0pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt; height:4.0pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt; height:4.0pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">35</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:12;mso-yfti-lastrow:yes"> <td width="526" valign="bottom" style="width:394.4pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Balances due to affiliates</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">11</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">7</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">We have contractual agreements with several of our equity affiliates which include sales, purchasing, licensing and technology agreements.</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Summarized results of operations for our two significant investments accounted for by the equity method and for Samsung Corning Co., Ltd. (Samsung Corning) are as follows:</span></span></p> <p class="MsoNormal"><span ><i style="mso-bidi-font-style:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">&nbsp;</span></i></span></p> <p class="MsoNormal"><span ><i style="mso-bidi-font-style:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">Samsung Corning Precision Glass Co., Ltd. (Samsung Corning Precision)</span></i></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Samsung Corning Precision's results of operations follow (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="517" valign="top" style="width:387.9pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="219" colspan="5" valign="top" style="width:164.0pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months&nbsp;ended&nbsp;March&nbsp;31,</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="517" valign="top" style="width:387.9pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="63" colspan="2" valign="top" style="width:47.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2008</span></span></p> </td> <span ></span> <td width="90" valign="top" style="width:67.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" colspan="2" valign="top" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="517" valign="top" style="width:387.9pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="45" valign="top" style="width:33.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="top" style="width:67.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Statement of Operations</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net sales</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">855</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">484</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Gross profit</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">569</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">333</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net income</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">449</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">236</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">'s equity in earnings of Samsung Corning Precision</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">212</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">113</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:9"> <td width="517" valign="bottom" style="width:387.9pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Related Party Transactions:</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:10"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:9.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Corning sales to Samsung Corning Precision</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">7</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:11"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:9.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Corning purchases from Samsung Corning Precision</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">8</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:12"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:9.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Dividends received from Samsung Corning Precision</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">151</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">143</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:13"> <td width="517" valign="bottom" style="width:387.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:9.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Royalty income from Samsung Corning Precision</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">43</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">29</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:14;mso-yfti-lastrow:yes"> <td width="517" valign="bottom" style="width:387.9pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Corning transfers of machinery and equipment to Samsung Corning Precision at cost&nbsp;</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(1)</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="45" valign="bottom" style="width:33.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">48</span></span></p> </td> <span ></span> <td width="90" valign="bottom" style="width:67.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">28</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif"">(1)<span style="mso-tab-count:1"> </span>Corning purchases machinery and equipment on behalf of Samsung Corning Precision to support its capital expansion initiatives.<span style="mso-spacerun:yes"> </span>The machinery and equipment are transferred to Samsung Corning Precision at our cost basis, resulting in no revenue or gain being recognized on the transaction.</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif""> and the Samsung Group each own 50% of the common stock of Samsung Corning Precision Glass Co., Ltd.</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in decimal 387.0pt 6.25in 508.5pt center 531.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">As of </span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">March 31, 2008</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">, balances due to and due from Samsung Corning Precision were $10 million and $38 million, respectively.<span style="mso-spacerun:yes"> </span>As of December 31, 2007, balances due to and from Samsung Corning Precision were $6 million and $31 million, respectively.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in decimal 387.0pt 6.25in 508.5pt center 531.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in decimal 387.0pt 6.25in 508.5pt center 531.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">On December 31, 2007, Samsung Corning Precision acquired all of the outstanding shares of Samsung Corning.<span style="mso-spacerun:yes"> </span>After the transaction, Corning retained its 50% interest in Samsung Corning Precision.<span style="mso-spacerun:yes"> </span>Samsung Corning Precision accounted for the transaction at fair value while Corning accounted for the transaction at historical cost.</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in decimal 387.0pt 6.25in 508.5pt center 531.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in decimal 387.0pt 6.25in 508.5pt center 531.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">As of March 31, 2008, Samsung Corning Precision was one of approximately thirty co-defendants in a lawsuit filed by Seoul Guarantee Insurance Co. and 13 other creditors.<span style="mso-spacerun:yes"> </span>Refer to the Samsung Corning Co., Ltd. section of Note 7 (Investments) to the consolidated financial statements in our 2007 Form 10-K for additional information.</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><i style="mso-bidi-font-style:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">Samsung Corning Co., Ltd. (Samsung Corning)</span></i></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Samsung Corning was a South Korea-based manufacturer of glass panels and funnels for cathode ray tube (CRT) television and display monitors.<span style="mso-spacerun:yes"> </span>Until December 31, 2007, Corning had a 50% interest in Samsung Corning.<span style="mso-spacerun:yes"> </span>Samsung Electronics Company, Ltd. and affiliates owned the remaining 50% interest in Samsung Corning.<span style="mso-spacerun:yes"> </span>On December 31, 2007, Samsung Corning Precision acquired all of the outstanding shares of Samsung Corning.<span style="mso-spacerun:yes"> </span>After the transaction, Corning retained its 50% interest in Samsung Corning Precision.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Samsung Corning's results of operations follow (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="604" valign="top" style="width:452.9pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="126" colspan="4" valign="top" style="width:94.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months<br> ended<br> March&nbsp;31,&nbsp;2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="604" valign="top" style="width:452.9pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="24" valign="top" style="width:.25in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="top" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="604" valign="top" style="width:452.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Statement of Operations</span></span></p> </td> <span ></span> <td width="24" valign="top" style="width:.25in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="top" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="604" valign="top" style="width:452.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net sales</span></span></p> </td> <span ></span> <td width="24" valign="top" style="width:.25in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">161&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="top" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="604" valign="top" style="width:452.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Gross profit</span></span></p> </td> <span ></span> <td width="24" valign="top" style="width:.25in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">9&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="top" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="604" valign="top" style="width:452.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net loss</span></span></p> </td> <span ></span> <td width="24" valign="top" style="width:.25in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(3)</span></span></p> </td> <span ></span> <td width="36" valign="top" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="604" valign="top" style="width:452.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">'s equity in losses of Samsung Corning</span></span></p> </td> <span ></span> <td width="24" valign="top" style="width:.25in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(1)</span></span></p> </td> <span ></span> <td width="36" valign="top" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="604" valign="top" style="width:452.9pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="24" valign="top" style="width:.25in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="top" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8"> <td width="604" valign="top" style="width:452.9pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Related Party Transactions:</span></span></p> </td> <span ></span> <td width="24" valign="top" style="width:.25in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="top" style="width:27.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:9;mso-yfti-lastrow:yes"> <td width="604" valign="top" style="width:452.9pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Royalty income from Samsung Corning</span></span></p> </td> <span ></span> <td width="24" valign="top" style="width:.25in;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="top" style="width:27.0pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><i><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Dow Corning Corporation (Dow Corning)</span></i></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Dow Corning is a U.S. based manufacturer of silicone products.<span style="mso-spacerun:yes"> </span>Dow Corning's results of operations follow (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="538" valign="bottom" style="width:403.4pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="198" colspan="5" valign="bottom" style="width:148.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months&nbsp;ended&nbsp;March&nbsp;31,</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="538" valign="bottom" style="width:403.4pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" colspan="2" valign="bottom" style="width:58.5pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2008</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:.75in;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="538" valign="bottom" style="width:403.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="538" valign="bottom" style="width:403.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Statement of Operations</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="538" valign="bottom" style="width:403.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net sales</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,275</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,178</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="538" valign="bottom" style="width:403.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Gross profit</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">409</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">431</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="538" valign="bottom" style="width:403.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net income</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">160</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">184</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="538" valign="bottom" style="width:403.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">'s equity in earnings of Dow Corning</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">80</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">92</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8"> <td width="538" valign="bottom" style="width:403.4pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:9;height:4.0pt"> <td width="538" valign="bottom" style="width:403.4pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt;height:4.0pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Related Party Transactions:</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt;height:4.0pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt;height:4.0pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt;height:4.0pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt;height:4.0pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt;height:4.0pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:10;mso-yfti-lastrow:yes"> <td width="538" valign="bottom" style="width:403.4pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Corning purchases from Dow Corning</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">4</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in decimal 387.0pt 6.25in 508.5pt center 531.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in decimal 387.0pt 6.25in 508.5pt center 531.0pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Balances due to Dow Corning were $2 million and $1 million as of </span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">March 31, 2008</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif""> and December 31, 2007, respectively.<span style="mso-spacerun:yes"> </span>Balance due from Dow Corning was $52 million as of March 31, 2008.<span style="mso-spacerun:yes"> </span></span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">At March 31, 2008, Dow Corning's marketable securities included approximately $1.4 billion of auction rate securities.<span style="mso-spacerun:yes"> </span>The majority of these securities are collateralized by portfolios of student loans which are guaranteed by the U.S. government.<span style="mso-spacerun:yes"> </span>Auctions for these securities have failed in the first quarter, reducing the immediate liquidity of these investments.<span style="mso-spacerun:yes"> </span>Since Dow Corning does not know when a market will return or develop for these securities, Dow Corning classified these securities as long term at March 31, 2008.<span style="mso-spacerun:yes"> </span>Dow Corning has borrowed the full amount under their $500 million revolving credit facility and believes it has adequate liquidity to fund operations, its capital expenditure plan, breast implant settlement liabilities, and shareholder dividends.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">While there have been no impairments of these securities through the first quarter, there is a risk that market conditions could lead to impairments of these securities by Dow Corning in future periods.<span style="mso-spacerun:yes"> </span>Corning's equity earnings from Dow Corning would be reduced by our 50% share of any impairment loss that is considered to be other-than-temporary.</span></span></p> <p class="MsoNormal" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif""> and The Dow Chemical Company (Dow Chemical) each own 50% of the common stock of Dow Corning.<span style="mso-spacerun:yes"> </span>In May 1995, Dow Corning filed for bankruptcy protection to address pending and claimed liabilities arising from many thousands of breast implant product lawsuits.<span style="mso-spacerun:yes"> </span>On June 1, 2004, Dow Corning emerged from Chapter 11 with a Plan of Reorganization (the Plan) which provided for the settlement or other resolution of implant claims.<span style="mso-spacerun:yes"> </span>The Plan also includes releases for Corning and Dow Chemical as shareholders in exchange for contributions to the Plan.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoBodyText2"><span >Under the terms of the Plan, Dow Corning has established and is funding a Settlement Trust and a Litigation Facility to provide a means for tort claimants to settle or litigate their claims.<span style="mso-spacerun:yes"> </span>Inclusive of insurance, Dow Corning has paid approximately $1.6 billion to the Settlement Trust.<span style="mso-spacerun:yes"> </span>As of March 31, 2008, Dow Corning had recorded a reserve for breast implant litigation of $1.6 billion and anticipates insurance receivables of $113 million.<span style="mso-spacerun:yes"> </span>As a separate matter arising from the bankruptcy proceedings, Dow Corning is defending claims asserted by a number of commercial creditors who claim additional interest at default rates and enforcement costs, during the period from May 1995 through June 2004.<span style="mso-spacerun:yes"> </span>On July 26, 2006, the U.S. Court of Appeals vacated the judgment of the District Court fixing the interest component, ruled that default interest and enforcement costs may be awarded subject to equitable factors to be determined, and directed that the matter be remanded for further proceedings.<span style="mso-spacerun:yes"> </span>Dow Corning filed a petition for rehearing by the Court of Appeals, which was denied.<span style="mso-spacerun:yes"> </span>It has filed a petition of writ of certiorari with the U.S. Supreme Court, which has also been denied.<span style="mso-spacerun:yes"> </span>As of March 31, 2008, Dow Corning has estimated the interest payable to commercial creditors to be within the range of $75 million to $251 million.<span style="mso-spacerun:yes"> </span>As Dow Corning management believes no single amount within the range appears to be a better estimate than any other amount within the range, Dow Corning has recorded the minimum liability within the range.<span style="mso-spacerun:yes"> </span>Should Dow Corning not prevail in this matter, Corning's equity earnings would be reduced by its 50% share of the amount in excess of $75 million, net of applicable tax benefits.<span style="mso-spacerun:yes"> </span>There are a number of other claims in the bankruptcy proceedings against Dow Corning awaiting resolution by the U.S. District Court, and it is reasonably possible that Dow Corning may record bankruptcy-related charges in the future.<span style="mso-spacerun:yes"> </span>There are no remaining tort claims against Corning, other than those that will be channeled by the Plan into facilities established by the Plan or otherwise defended by the Litigation Facility.</span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In 1995, Corning fully impaired its investment in Dow Corning after it filed for bankruptcy protection.<span style="mso-spacerun:yes"> </span>Corning did not recognize net equity earnings from the second quarter of 1995 through the end of 2002.<span style="mso-spacerun:yes"> </span>Corning began recognizing equity earnings in the first quarter of 2003 when management concluded that Dow Corning's emergence from bankruptcy was probable.<span style="mso-spacerun:yes"> </span>Corning considers the $249 million difference between the carrying value of its investment in Dow Corning and its 50% share of Dow Corning's equity to be permanent.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><i><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">Variable Interest Entities</span></i></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-style:italic"></span></span></p> <p class="MsoBodyText"><span ><span style="color:windowtext">Corning</span><span style="color:windowtext"> leases certain transportation equipment from a trust that qualifies as a variable interest entity under FIN 46R,<i style="mso-bidi-font-style: normal"> </i>"Consolidation of Variable Interest Entities, an Interpretation of Accounting Research Bulletin No. 51, Revised" (FIN 46R).<span style="mso-spacerun:yes"> </span>The sole purpose of this entity is leasing transportation equipment to Corning.<span style="mso-spacerun:yes"> </span>Since Corning is the primary beneficiary of this entity, the financial statements of the entity are included in Corning's consolidated financial statements.<span style="mso-spacerun:yes"> </span>The entity's assets are primarily comprised of fixed assets which are collateral for the entity's borrowings.<span style="mso-spacerun:yes"> </span>These assets, amounting to approximately $28 million as of March 31, 2008 and December 31, 2007, are classified as long-term assets in the consolidated balance sheet.</span></span></p> <span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: ZH-CN;mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoBodyText"><span ><span style="color:windowtext">Corning</span><span style="color:windowtext"> leases certain transportation equipment from two additional trusts that qualify as variable interest entities under FIN 46R.<span style="mso-spacerun:yes"> </span>The sole purpose of the entities is leasing transportation equipment to Corning.<span style="mso-spacerun:yes"> </span>Corning has been involved with these entities as lessee since the inception of the trusts.<span style="mso-spacerun:yes"> </span>Lease revenue generated by these trusts was $2</span> </span><span ><span style="color:windowtext">million for the three months ended March 31, 2008 and 2007.<span style="mso-spacerun:yes"> </span>Corning's maximum exposure </span></span><span ><span style="mso-fareast-font-family:"MS Mincho";color:windowtext;mso-fareast-language: JA">to loss as a result of its involvement with the trusts is estimated at approximately $14</span> </span><span ><span style="mso-fareast-font-family:"MS Mincho";color:windowtext;mso-fareast-language: JA">million at March 31</span></span><span ><span style="color:windowtext">, 2008 and December 31, 2007</span></span><span ><span style="mso-fareast-font-family:"MS Mincho";color:windowtext;mso-fareast-language: JA">.</span></span><span ><span style="color:windowtext"></span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:"MS Mincho"; panose-1:2 2 6 9 4 2 5 8 3 4; mso-font-alt:" "; mso-font-charset:128; mso-generic-font-family:modern; mso-font-pitch:fixed; mso-font-signature:-1610612033 1757936891 16 0 131231 0;} @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font-alt:(R); mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} @font-face {font-family:"@SimSun"; panose-1:0 0 0 0 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mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="titles" style="margin-left:.25in;text-indent:-.25in;tab-stops:.25in"><a name="_AUCad93bdf4ea9443ec8c80829d1a9b372a"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt;letter-spacing: 0pt;mso-no-proof:no">14.<span style="mso-tab-count:1"> </span>Fair Value Measurements</span></b></a></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><i style="mso-bidi-font-style:normal"><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></i></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">The Company adopted SFAS 157 effective January 1, 2008 for all financial assets and liabilities as required.<span style="mso-spacerun:yes"> </span>The adoption of SFAS 157 was not material to Corning's financial statements or results of operations.<span style="mso-spacerun:yes"> </span></span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">SFAS 157 defines fair value, establishes a framework for measuring fair value in applying generally accepted accounting principles, and expands disclosures about fair value measurements.<span style="mso-spacerun:yes"> </span>The Statement identifies two kinds of inputs that are used to determine the fair value of assets and liabilities: observable and unobservable.<span style="mso-spacerun:yes"> </span>Observable inputs are based on market data or independent sources while unobservable inputs are based on the company's own market assumptions.<span style="mso-spacerun:yes"> </span>Once inputs have been characterized, SFAS 157 requires companies to prioritize the inputs used to measure fair value into one of three broad levels (provided in the table below).</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">SFAS 157 applies whenever an entity is measuring fair value under other accounting pronouncements that require or permit fair value measurement and requires the use of observable market data when available.<span style="mso-spacerun:yes"> </span>As of March 31, 2008, the Company does not have any financial assets or liabilities that are measured using unobservable (or Level 3) inputs.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The following table provides fair value measurement information for the Company's major categories of financial assets and liabilities measured on a recurring basis:</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="268" valign="bottom" style="width:200.9pt;border:none;border-top:solid windowtext 1.5pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" rowspan="2" valign="bottom" style="width:.75in;border-top: solid windowtext 1.5pt;border-left:none;border-bottom:solid windowtext 1.0pt; border-right:none;mso-border-top-alt:solid windowtext 1.5pt;mso-border-bottom-alt: solid windowtext .5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">March&nbsp;31,<br> 2008</span></span><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-top:solid windowtext 1.5pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="378" colspan="10" valign="bottom" style="width:283.5pt;border-top:solid windowtext 1.5pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; mso-border-top-alt:solid windowtext 1.5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Fair&nbsp;Value&nbsp;Measurements&nbsp;at&nbsp;Reporting&nbsp;Date&nbsp;Using</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="268" valign="bottom" style="width:200.9pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="120" colspan="3" valign="bottom" style="width:1.25in;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext .5pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Quoted&nbsp;Prices&nbsp;in<br> Active&nbsp;Markets&nbsp;for<br> Identical&nbsp;Assets<br> (Level&nbsp;1)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="114" colspan="3" valign="bottom" style="width:85.5pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Significant&nbsp;Other<br> Observable<br> Inputs<br> (Level&nbsp;2)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="108" colspan="2" valign="bottom" style="width:81.0pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Significant<br> Unobservable<br> Inputs<br> (Level&nbsp;3)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="268" valign="bottom" style="width:200.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Assets</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext .5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-top:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;mso-border-top-alt: solid windowtext .5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-top:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="bottom" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="268" valign="bottom" style="width:200.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Short-term investments</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="margin-left:-.9pt;text-align:right; text-indent:.9pt;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">1,185</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="margin-left:-.9pt;text-align:right; text-indent:.9pt;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">1,185</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="bottom" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="268" valign="bottom" style="width:200.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Derivatives&nbsp;</span></span><span ><span style="font-size:9.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">(1)</span></span><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="margin-left:-.9pt;text-align:right; text-indent:.9pt;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">39</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="30" valign="bottom" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">39</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="268" valign="bottom" style="width:200.9pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="margin-left:22.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="margin-left:-.9pt;text-align:right; text-indent:.9pt;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="bottom" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="268" valign="bottom" style="width:200.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Liabilities</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="margin-left:-.9pt;text-align:right; text-indent:.9pt;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="30" valign="bottom" style="width:22.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7;mso-yfti-lastrow:yes"> <td width="268" valign="bottom" style="width:200.9pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:22.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Derivatives&nbsp;</span></span><span ><span style="font-size:9.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">(1)</span></span><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="margin-left:-.9pt;text-align:right; text-indent:.9pt;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">109</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.5pt; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="30" valign="bottom" style="width:22.5pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">109</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.5pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="titles" style="margin-left:.25in;text-indent:-.25in;tab-stops:.25in"><span ><span style="font-size:9.0pt;letter-spacing:0pt;mso-no-proof:no">(1)<span style="mso-tab-count:1"> </span>Derivative assets and liabilities include interest rate swaps and foreign exchange contracts which are measured using observable quoted prices for similar assets and liabilities.<span style="mso-spacerun:yes"> </span>The calculation of fair value of Corning's derivatives in an asset position includes the counter party's credit risk.<span style="mso-spacerun:yes"> </span>The calculation of fair value of Corning's derivatives in a liability position includes Corning's own credit risk.</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Certain assets and liabilities are measured at fair value on a non-recurring basis and are not currently required to be presented on an interim basis.<span style="mso-spacerun:yes"> </span>The FASB deferred implementation of SFAS 157 for certain non-monetary assets and liabilities until 2009.</span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font-alt:(R); mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} @font-face {font-family:"@SimSun"; panose-1:0 0 0 0 0 0 0 0 0 0; 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mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoBodyText" style="tab-stops:.25in center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><a name="_AUCc20d09f5abda434cbe564e2f3820fdf5"><b><span style="color:windowtext; mso-bidi-font-style:italic">10.<span style="mso-tab-count:1"> </span>Goodwill and Other Intangible Assets</span></b></a></p> <p class="MsoBodyTextIndent2" style="margin-left:0in;text-indent:0in"><span ><b style="mso-bidi-font-weight: normal">&nbsp;</b></span></p> <p class="MsoBodyTextIndent2" style="margin-left:0in;text-indent:0in"><span >There were no changes in the carrying amount of goodwill for the three months ended March 31, 2008.<span style="mso-spacerun:yes"> </span>Balances by segment are as follows (in millions):<b style="mso-bidi-font-weight:normal"></b></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="382" valign="bottom" style="width:286.4pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="84" colspan="2" valign="bottom" style="width:63.0pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Telecom-<br> munications</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="90" colspan="2" valign="bottom" style="width:67.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Display<br> Technologies</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:.75in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Specialty<br> Materials</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="54" colspan="2" valign="bottom" style="width:40.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Total</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="382" valign="bottom" style="width:286.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="72" valign="bottom" style="width:.75in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2;mso-yfti-lastrow:yes"> <td width="382" valign="bottom" style="width:286.4pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Balance at March 31, 2008</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">118</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="72" valign="bottom" style="width:.75in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">9</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">150</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">277</span></span></p> </td> <span ></span> </tr> </table> <p class="titles" style="margin-left:.25in;text-indent:-.25in;tab-stops:.25in"><span ><span style="font-size:9.0pt;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Other intangible assets follow (in millions):<span style="mso-bidi-font-style:italic"></span></span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.15pt 0in 2.15pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="261" valign="bottom" style="width:195.65pt;border:none;border-top: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="234" colspan="8" valign="bottom" style="width:175.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">March&nbsp;31,&nbsp;2008</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="222" colspan="8" valign="bottom" style="width:166.85pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">December&nbsp;31,&nbsp;2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="261" valign="bottom" style="width:195.65pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="48" colspan="2" valign="bottom" style="width:.5in;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Gross</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="96" colspan="2" valign="bottom" style="width:1.0in;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Accumulated<br> Amortization</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="60" colspan="2" valign="bottom" style="width:45.0pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Net</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="48" colspan="2" valign="bottom" style="width:.5in;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Gross</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.6pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="96" colspan="2" valign="bottom" style="width:72.15pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Accumulated<br> Amortization</span></span></p> </td> <span ></span> <td width="11" valign="bottom" style="width:8.15pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="55" colspan="2" valign="bottom" style="width:40.95pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Net</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="261" valign="bottom" style="width:195.65pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Amortized intangible assets:</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.6pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="14" valign="bottom" style="width:10.55pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="82" valign="bottom" style="width:61.6pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="11" valign="bottom" style="width:8.15pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.75pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.2pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="261" valign="bottom" style="width:195.65pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt;mso-list: skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Patents and trademarks</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">129</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">106</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">23</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">127</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.6pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="14" valign="bottom" style="width:10.55pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="82" valign="bottom" style="width:61.6pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">102</span></span></p> </td> <span ></span> <td width="11" valign="bottom" style="width:8.15pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.75pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.2pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">25</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="261" valign="bottom" style="width:195.65pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt;mso-list: skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Non-competition agreements</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">113</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">110</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">3</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">109</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.6pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="14" valign="bottom" style="width:10.55pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="82" valign="bottom" style="width:61.6pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">107</span></span></p> </td> <span ></span> <td width="11" valign="bottom" style="width:8.15pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.75pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.2pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">2</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="261" valign="bottom" style="width:195.65pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="margin-left:13.5pt;text-indent:-4.5pt;mso-list: skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Other</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">5</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">2</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">3</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">5</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.6pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="14" valign="bottom" style="width:10.55pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="82" valign="bottom" style="width:61.6pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">1</span></span></p> </td> <span ></span> <td width="11" valign="bottom" style="width:8.15pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.75pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.2pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">4</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="261" valign="bottom" style="width:195.65pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.6pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="14" valign="bottom" style="width:10.55pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="82" valign="bottom" style="width:61.6pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="11" valign="bottom" style="width:8.15pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.75pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.2pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7;mso-yfti-lastrow:yes"> <td width="261" valign="bottom" style="width:195.65pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">Total</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">247</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">218</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">29</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="12" valign="bottom" style="width:9.0pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">241</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.6pt;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="14" valign="bottom" style="width:10.55pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="82" valign="bottom" style="width:61.6pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">210</span></span></p> </td> <span ></span> <td width="11" valign="bottom" style="width:8.15pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"><span ></span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">&nbsp;</span></span></p> </td> <span ></span> <td width="13" valign="bottom" style="width:9.75pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.2pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.15pt 0in 2.15pt"> <p class="MsoNormal" align="right" style="text-align:right;mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-style:italic">31</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-bidi-font-style: italic">&nbsp;</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt;letter-spacing:0pt; mso-no-proof:no">Amortized intangible assets are primarily related to the Telecommunications segment.</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt;letter-spacing:0pt; mso-no-proof:no">Estimated amortization expense related to these intangible assets is $10 million annually for 2008, $10 million in 2009, and insignificant thereafter.</span></span></p><style> <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font-alt:(R); mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; 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mso-fareast-language:ZH-CN;} p.titles, li.titles, div.titles {mso-style-name:titles; mso-style-unhide:no; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"; letter-spacing:.5pt; mso-fareast-language:ZH-CN; mso-no-proof:yes;} ..MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="tab-stops:.25in"><a name="_AUCd4d9db3c48c141518d8ba0662d82b389"></a><a name="OLE_LINK6"><span ><b><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">5.<span style="mso-tab-count:1"> </span>Income Taxes </span></b></span></a><span style="mso-bookmark:OLE_LINK6"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight: bold"></span></span></span></p> <span style="mso-bookmark:OLE_LINK6"></span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Our provision for income taxes and the related effective income tax rates were as follows (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="538" valign="top" style="width:403.4pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="198" colspan="5" valign="top" style="width:148.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Three&nbsp;months&nbsp;ended&nbsp;March&nbsp;31,</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="538" valign="top" style="width:403.4pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="top" style="width:.75in;border:none;border-bottom: solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">2008</span></span></p> </td> <span ></span> <td width="60" valign="top" style="width:45.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" colspan="2" valign="top" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="538" valign="top" style="width:403.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="top" style="width:45.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="538" valign="bottom" style="width:403.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Provision for income taxes</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">66</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">56</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4;mso-yfti-lastrow:yes"> <td width="538" valign="bottom" style="width:403.4pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Effective income tax rate</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">8.4%</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">33.5%</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: ZH-CN;mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="tab-stops:225.0pt decimal 261.0pt left 279.0pt decimal 315.0pt left 333.0pt decimal 369.0pt left 387.0pt decimal 423.0pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">For the three months ended March 31, 2008, the effective income tax rate differed from the U.S. statutory rate of 35% primarily due to the following items:</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l0 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The impact of not recording net tax expense on income generated in the U.S.;</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l0 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The benefit of tax holidays and investment credits in foreign jurisdictions; and</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l0 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif"">The impact of discrete items for which no tax expense was recorded, including an asbestos settlement credit of $327 million.<span style="mso-spacerun:yes"> </span>Refer to Note 3 (Commitments and Contingencies) for additional information about the asbestos settlement.<span style="mso-spacerun:yes"> </span>Discrete items decreased our effective tax rate by 6 percentage points.</span></span><span ><span style="font-size:11.0pt;font-family: "Times New Roman","serif""></span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">For the three months ended March 31, 2007, the effective income tax rate differed from the U.S. statutory rate of 35% primarily due to the following items:</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l0 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The impact of not recording net tax benefit on losses generated in the U.S.;</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l0 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The benefit of tax holidays and investment credits in foreign jurisdictions; and</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l0 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif"">The impact of discrete items for which no tax benefit was recorded, including asbestos settlement expense of $110 million and a loss on the repurchase of debt of $15 million.<span style="mso-spacerun:yes"> </span>Refer to Notes 3 (Commitments and Contingencies) and 4 (Debt) for additional information.<span style="mso-spacerun:yes"> </span>Discrete items increased our effective tax rate by 14.3 percentage points.</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif""></span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">As more fully described in Note 6 (Income Taxes) to the consolidated financial statements in our 2007 Form 10-K, all of our U.S. deferred tax assets had full valuation allowances at December 31, 2007 and this continues to be the case at March 31, 2008.<span style="mso-spacerun:yes"> </span>We will maintain this valuation allowance until we are able to conclude that it is more likely than not that we will be able to generate sufficient levels of profitability in the U.S. to realize some or all of the deferred tax assets.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">We will continue to update our assessment of the realizability of our U.S. deferred tax assets on a quarterly basis, taking into account year-to-date actual as well as forecasted U.S. results.<span style="mso-spacerun:yes"> </span>If we conclude that it is more likely than not that we will be profitable in the U.S. in future years, we will quantify the portion of our U.S. deferred tax assets we believe to be realizable and reduce our valuation allowance accordingly.<span style="mso-spacerun:yes"> </span>Until that time, we will continue to adjust the valuation allowance to offset the U.S. income tax expense (or benefit) that would otherwise be recorded on income (or losses) in the U.S. and therefore, reflect no net U.S. income tax expense.<span style="mso-spacerun:yes"> </span>For the three months ended March 31, 2008 and 2007, we recorded tax expense (benefit) on income (losses) generated in the U.S. of $166 million and $(14) million, respectively, which were fully offset by releases (increases) of valuation allowance.<span style="mso-spacerun:yes"> </span>These amounts include the impact of discrete items described above.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">Certain foreign subsidiaries in China and Taiwan are operating under tax holiday arrangements.<span style="mso-spacerun:yes"> </span>The nature and extent of such arrangements vary, and the benefits of such arrangements phase out in years (2008 through 2013) according to the specific terms and schedules of the relevant taxing jurisdictions.<span style="mso-spacerun:yes"> </span>The impact of the tax holidays on our effective tax rate is a reduction in the rate of 5.3 percentage points and 8.1 percentage points for the three months ended March 31, 2008 and 2007, respectively.</span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:Wingdings; panose-1:5 0 0 0 0 0 0 0 0 0; mso-font-charset:2; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-signature:0 268435456 0 0 -2147483648 0;} @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font-alt:(R); mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} @font-face {font-family:"@SimSun"; panose-1:0 0 0 0 0 0 0 0 0 0; mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 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text-indent:-.25in; font-family:Symbol;} ol {margin-bottom:0in;} ul {margin-bottom:0in;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="tab-stops:.25in"><a name="_AUCa78d4d5ad08f44eda4bdbb60c9806fdf"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">8.<span style="mso-tab-count:1"> </span>Inventories</span></b></a></p> <p class="MsoBodyTextIndent2"><span >&nbsp;</span></p> <p class="MsoBodyTextIndent2" style="margin-left:0in;text-indent:0in"><span >Inventories comprise the following (in millions):</span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="99%" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="544" valign="top" style="width:407.9pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" style="margin-left:0in;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" colspan="2" valign="top" style="width:58.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="center" style="margin-left:0in;text-align: center;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">March&nbsp;31,<br> 2008</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="center" style="margin-left:0in;text-align: center;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="96" colspan="2" valign="top" style="width:1.0in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="center" style="margin-left:0in;text-align: center;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">December&nbsp;31,<br> 2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="544" valign="bottom" style="width:407.9pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="mso-fareast-font-family:SimSun">Finished goods</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-top:0in;margin-right: 26.1pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">248</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">232</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="544" valign="bottom" style="width:407.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="mso-fareast-font-family:SimSun">Work in process</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-top:0in;margin-right: 26.1pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">144</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">141</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="544" valign="bottom" style="width:407.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="mso-fareast-font-family:SimSun">Raw materials and accessories</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-top:0in;margin-right: 26.1pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">135</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">111</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="544" valign="bottom" style="width:407.9pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="mso-fareast-font-family:SimSun">Supplies and packing materials</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-top:0in;margin-right: 26.1pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">165</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">147</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5;mso-yfti-lastrow:yes"> <td width="544" valign="bottom" style="width:407.9pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="mso-fareast-font-family:SimSun">Total inventories</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-top:0in;margin-right: 26.1pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="60" valign="bottom" style="width:45.0pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">692</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">$</span></span></p> </td> <span ></span> <td width="78" valign="bottom" style="width:58.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoBodyTextIndent2" align="right" style="margin-left:0in;text-align: right;text-indent:0in"><span ><span style="mso-fareast-font-family:SimSun">631</span></span></p> </td> <span ></span> </tr> </table><style> <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font-alt:(R); mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} @font-face {font-family:"@SimSun"; panose-1:0 0 0 0 0 0 0 0 0 0; mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} p.MsoBodyTextIndent2, li.MsoBodyTextIndent2, div.MsoBodyTextIndent2 {mso-style-unhide:no; mso-style-link:"Body Text Indent 2 Char"; margin-top:0in; margin-right:0in; margin-bottom:0in; margin-left:.5in; margin-bottom:.0001pt; text-indent:-.5in; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} span.BodyTextIndent2Char {mso-style-name:"Body Text Indent 2 Char"; mso-style-unhide:no; mso-style-locked:yes; mso-style-link:"Body Text Indent 2"; mso-ansi-font-size:11.0pt; mso-bidi-font-size:11.0pt; mso-fareast-language:ZH-CN;} ..MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="margin-top:0in;margin-right:1.8pt;margin-bottom:0in; margin-left:.25in;margin-bottom:.0001pt;text-indent:-.25in;tab-stops:.25in"><a name="_AUCd3be6794f71b4e05b90453dfafd80414"><b><span style="font-size:11.0pt; font-family:"Times New Roman","serif"">12.<span style="mso-tab-count:1"> </span>Employee Retirement Plans</span></b></a></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The following table summarizes the components of net periodic benefit cost for Corning's defined benefit pension and postretirement health care and life insurance plans (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="406" valign="bottom" style="width:304.4pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="162" colspan="5" valign="bottom" style="width:121.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Pension&nbsp;benefits</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="150" colspan="5" valign="bottom" style="width:112.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Postretirement&nbsp;benefits</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="406" valign="bottom" style="width:304.4pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="162" colspan="5" valign="bottom" style="width:121.5pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months&nbsp;ended<br> March&nbsp;31,</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="150" colspan="5" valign="bottom" style="width:112.5pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months&nbsp;ended<br> March&nbsp;31,</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="406" valign="bottom" style="width:304.4pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:.75in;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2008</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:.75in;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2007</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" colspan="2" valign="bottom" style="width:49.5pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2008</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" colspan="2" valign="bottom" style="width:49.5pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="406" valign="bottom" style="width:304.4pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="406" valign="bottom" style="width:304.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Service cost</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:11.2pt;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">13&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">14&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="406" valign="bottom" style="width:304.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Interest cost</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:11.2pt;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">37&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">36&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">12&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">12&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="406" valign="bottom" style="width:304.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Expected return on plan assets</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:11.2pt;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(49)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(45)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="406" valign="bottom" style="width:304.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Amortization of net loss</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:11.2pt;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">4&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">7&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8"> <td width="406" valign="bottom" style="width:304.4pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Amortization of prior service cost</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-right:11.2pt;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">3&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(1)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(1)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:9;mso-yfti-lastrow:yes"> <td width="406" valign="bottom" style="width:304.4pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Total expense</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-right:11.2pt;text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">8&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">15&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">16&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">16&nbsp;</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.25in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:SimSun">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun"> and certain of its domestic subsidiaries offer postretirement plans that provide health care and life insurance benefits for retirees and eligible dependents.<span style="mso-spacerun:yes"> </span>Certain employees may become eligible for such postretirement benefits upon reaching retirement age and service requirements.<span style="mso-spacerun:yes"> </span>In response to rising health care costs, we changed our cost-sharing approach for retiree medical coverage.<span style="mso-spacerun:yes"> </span>For current retirees (including surviving spouses) and active employees eligible for the salaried retiree medical program, we placed a "cap" on the amount we will contribute toward retiree medical coverage in the future.<span style="mso-spacerun:yes"> </span>The cap equals 120% of our 2005 contributions toward retiree medical benefits.<span style="mso-spacerun:yes"> </span>Once our contributions toward salaried retiree medical costs reach this cap, impacted retirees will have to pay the excess amount in addition to their regular contributions for coverage.<span style="mso-spacerun:yes"> </span>Further, employees hired or rehired on or after January 1, 2007 will be eligible for Corning retiree medical upon retirement; however, these employees will pay 100% of the cost.</span></span></p> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.25in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:.1in;tab-stops:.25in decimal 301.5pt 382.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">In the first quarter of 2008, we made a voluntary cash contribution of $50 million to our domestic defined benefit pension plan.</span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font-alt:(R); mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} @font-face {font-family:"@SimSun"; panose-1:0 0 0 0 0 0 0 0 0 0; mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} ..MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="titles" style="tab-stops:.25in"><a name="_AUC0332e4d5552e4907ad364c6c90b66415"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt;letter-spacing: 0pt;mso-no-proof:no">2.<span style="mso-tab-count:1"> </span>Restructuring, Impairment, and Other Credits</span></b></a></p> <p class="titles" style="tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;mso-bidi-font-size: 10.0pt;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></b></span></p> <p class="titles" style="tab-stops:.25in"><span ><i><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt;letter-spacing:0pt; mso-no-proof:no">2008 Actions</span></i></span><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;mso-bidi-font-size: 10.0pt;letter-spacing:0pt;mso-no-proof:no"></span></b></span></p> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The following table summarizes the restructuring reserves as of and for the three months ended March 31, 2008 (in millions):</span></span><span ><span style="font-size:10.0pt;font-family: "Times New Roman","serif""></span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="99%" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="304" valign="top" style="width:227.9pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="font-size:10.0pt;mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:.75in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="center" style="text-align:center;tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="font-size:10.0pt;mso-fareast-font-family:SimSun;color:windowtext">Reserve at<br> </span></span><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">January 1,<br> 2008</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="center" style="text-align:center;tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="font-size:10.0pt;mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:.75in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="center" style="text-align:center;tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">Revisions<br> to existing<br> plans</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="center" style="text-align:center;tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="font-size:10.0pt;mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:.75in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="center" style="text-align:center;tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">Net<br> charges/<br> (reversals)</span></span><span ><span style="font-size:10.0pt;mso-fareast-font-family:SimSun;color:windowtext"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="center" style="text-align:center;tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="font-size:10.0pt;mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="66" colspan="2" valign="bottom" style="width:49.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="center" style="text-align:center;tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">Cash<br> payments</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="center" style="text-align:center;tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="font-size:10.0pt;mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="78" colspan="2" valign="bottom" style="width:58.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="center" style="text-align:center;tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">Reserve at<br> March 31,<br> 2008</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="304" valign="bottom" style="width:227.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" style="margin-left:4.5pt;text-indent:-4.5pt;tab-stops: .5in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">Restructuring charges:</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFooter" style="tab-stops:31.5pt center 3.0in right 6.0in"><span ><span style="font-family:"Times New Roman","serif";mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="top" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="304" valign="bottom" style="width:227.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">Employee related costs</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">12</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">(1)</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">(1)</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">(5)</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFooter" align="right" style="text-align:right"><span ><span style="font-family:"Times New Roman","serif";mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="60" valign="top" style="width:45.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">6</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="304" valign="bottom" style="width:227.9pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" style="margin-left:13.5pt;text-indent:-4.5pt;tab-stops: .5in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">Other charges</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">22</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">(2)</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFooter" align="right" style="text-align:right"><span ><span style="font-family:"Times New Roman","serif";mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="60" valign="top" style="width:45.0pt;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">20</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4;mso-yfti-lastrow:yes"> <td width="304" valign="bottom" style="width:227.9pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" style="margin-left:22.5pt;text-indent:-4.5pt"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">Total restructuring charges</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">34</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">(1)</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="54" valign="top" style="width:40.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">(1)</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">(7)</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoFooter" align="right" style="text-align:right"><span ><span style="font-family:"Times New Roman","serif";mso-fareast-font-family:SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">$</span></span></p> </td> <span ></span> <td width="60" valign="top" style="width:45.0pt;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoBodyText" align="right" style="text-align:right;tab-stops:center 423.0pt 477.0pt 7.25in"><span ><span style="mso-fareast-font-family:SimSun;color:windowtext">26</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="color:windowtext">&nbsp;</span></span></p> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="color:windowtext">Cash payments for employee-related costs will be substantially complete by the end of 2008, while payments for exit activities will be substantially complete by the end of 2012.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoBodyText" style="tab-stops:31.5pt center 243.0pt 297.0pt 4.75in 423.0pt 477.0pt 7.25in"><span ><span style="color:windowtext">&nbsp;</span></span></p> <p class="titles" style="tab-stops:.25in"><span ><i><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt;letter-spacing:0pt; mso-no-proof:no">2007 Actions</span></i></span><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;mso-bidi-font-size: 10.0pt;letter-spacing:0pt;mso-no-proof:no"></span></b></span></p> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-bidi-font-size:10.0pt;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In the first quarter of 2007, Corning did not incur any restructuring, impairment, or other charges.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The following table summarizes amounts related to existing restructuring reserves as of and for the three months ended March 31, 2007 (in millions):<b style="mso-bidi-font-weight: normal"></b></span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="430" valign="top" style="width:322.4pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="102" colspan="2" valign="top" style="width:76.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">Reserve at<br> January&nbsp;1,&nbsp;2007</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="66" colspan="2" valign="top" style="width:49.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Cash<br> payments</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="102" colspan="2" valign="top" style="width:76.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Reserve at<br> March&nbsp;31,&nbsp;2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="430" valign="bottom" style="width:322.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Restructuring activity:</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="top" style="width:63.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="top" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="top" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" style="tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="top" style="width:63.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="430" valign="bottom" style="width:322.4pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Employee related costs</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="margin-right:.3in;text-align:right"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">40</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="margin-left:-.9pt;text-align:right; text-indent:.9pt;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">(8)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">32</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="430" valign="bottom" style="width:322.4pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Other charges</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="margin-right:.3in;text-align:right; tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">36</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">(3)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">33</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4;mso-yfti-lastrow:yes"> <td width="430" valign="bottom" style="width:322.4pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="titles" style="margin-left:22.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">Total restructuring activity</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="margin-right:.3in;text-align:right; tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">76</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">(11)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right;tab-stops:right 49.45pt"><span ><span style="font-size:11.0pt;mso-fareast-font-family:SimSun;letter-spacing:0pt; mso-no-proof:no">$</span></span></p> </td> <span ></span> <td width="84" valign="bottom" style="width:63.0pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="titles" align="right" style="text-align:right"><span ><span style="font-size:11.0pt; mso-fareast-font-family:SimSun;letter-spacing:0pt;mso-no-proof:no">65</span></span></p> </td> <span ></span> </tr> </table><style> <!-- /* Font Definitions */ @font-face {font-family:SimSun; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font-alt:(R); mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} @font-face {font-family:"@SimSun"; panose-1:0 0 0 0 0 0 0 0 0 0; mso-font-charset:134; mso-generic-font-family:auto; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:1 135135232 16 0 262144 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; 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mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="tab-stops:.25in"><a name="_AUCb3b336393e0e432ca9276a5010538312"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">7.<span style="mso-tab-count:1"> </span>Significant Customers</span></b></a></p> <p class="MsoBodyText2" style="tab-stops:.25in"><span >&nbsp;</span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">For the three months ended March 31, 2008, Corning's sales to AU Optronics Corporation (AUO) and </span></span><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">Chi Mei Optoelectronics Corporation</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">, two customers of our Display Technologies segment, represented 13% and 12%, respectively, of the Company's consolidated net sales.<span style="mso-spacerun:yes"> </span>For the three months ended March 31, 2007, Corning's sales to AUO represented 10% of the Company's consolidated net sales.</span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; 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div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="tab-stops:.25in"><a name="_AUC4efd163f0a5d427b9b41e6687992af67"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">17.<span style="mso-tab-count:1"> </span>Operating Segments</span></b></a></p> <p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">Effective January 1, 2008, Corning changed its internal reporting structure to better reflect the company's focus on new business development and later-stage research projects and to provide more transparency on our Specialty Materials operating segment.<span style="mso-spacerun:yes"> </span>As a result, our segment reporting includes the following changes which are in accordance with SFAS 131, "Disclosures about Segments of an Enterprise and Related Information:"</span></span></p> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l0 level1 lfo3; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol; mso-fareast-font-family:Symbol;mso-bidi-font-family:Symbol;mso-bidi-font-weight: bold"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight:bold">We have provided separate financial information for the Specialty Materials operating segment.<span style="mso-spacerun:yes"> </span>This operating segment was previously included in All Other.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l0 level1 lfo3; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol; mso-fareast-font-family:Symbol;mso-bidi-font-family:Symbol;mso-bidi-font-weight: bold"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight:bold">Certain later-stage development projects, such as microreactors and green lasers, now meet the criteria for operating segments and are included in All Other.<span style="mso-spacerun:yes"> </span>Spending for these projects was previously part of Exploratory Research and was reported in the reconciliation of reportable segment net income to total net income.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l0 level1 lfo3"><span ><![if !supportLists]><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol; mso-fareast-font-family:Symbol;mso-bidi-font-family:Symbol;mso-bidi-font-weight: bold"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight:bold">Certain other new product lines now meet the criteria for operating segments and are included in All Other.<span style="mso-spacerun:yes"> </span>Spending related to these businesses was previously included in our Life Sciences and Display Technologies operating segments.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">&nbsp;</span></span></p> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">Our reportable operating segments are now as follows:</span></span></p> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l1 level1 lfo2; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol; mso-fareast-font-family:Symbol;mso-bidi-font-family:Symbol;mso-bidi-font-weight: bold"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight:bold">Display Technologies - manufactures liquid crystal display glass for flat panel displays.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l1 level1 lfo2; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol; mso-fareast-font-family:Symbol;mso-bidi-font-family:Symbol;mso-bidi-font-weight: bold"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight:bold">Telecommunications - - manufactures optical fiber and cable and hardware and equipment components for the telecommunications industry.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l1 level1 lfo2; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol; mso-fareast-font-family:Symbol;mso-bidi-font-family:Symbol;mso-bidi-font-weight: bold"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight:bold">Environmental Technologies - manufactures ceramic substrates and filters for automotive and diesel applications.<span style="mso-spacerun:yes"> </span>This reportable operating segment is an aggregation of our Automotive and Diesel operating segments as these two segments share similar economic characteristics, products, customer types, production processes and distribution methods.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l1 level1 lfo2; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol; mso-fareast-font-family:Symbol;mso-bidi-font-family:Symbol;mso-bidi-font-weight: bold"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight:bold">Specialty Materials - manufactures products that provide more than 150 material formulations for glass, glass ceramics and fluoride crystals to meet demand for unique customer needs.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l1 level1 lfo2; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:Symbol; mso-fareast-font-family:Symbol;mso-bidi-font-family:Symbol;mso-bidi-font-weight: bold"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif";mso-bidi-font-weight:bold">Life Sciences - manufactures glass and plastic consumables for scientific applications.</span></span></p> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">&nbsp;</span></span></p> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">All other operating segments that do not meet the quantitative threshold for separate reporting have been grouped as "All Other."<span style="mso-spacerun:yes"> </span>This group is now primarily comprised of development projects and results for new product lines.</span></span></p> <span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: ZH-CN;mso-bidi-language:AR-SA;mso-bidi-font-weight:bold"><br clear="all" style="mso-special-character:line-break;page-break-before:always"> </span> <p class="MsoNormal" style="mso-list:skip"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"; mso-bidi-font-weight:bold">&nbsp;</span></span></p> <p class="MsoNormal"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:11.0pt;font-family: "Times New Roman","serif"">Operating Segments </span></b></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">(in millions)</span></span></p> <p class="MsoNormal"><span ><span style="font-size:10.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="99%" style="margin-left:-.05in;border-collapse:collapse;mso-table-layout-alt:fixed; mso-yfti-tbllook:480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="267" valign="bottom" style="width:200.0pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="84" colspan="2" valign="bottom" style="width:63.0pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">Display<br> Technologies</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:.75in;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">Telecom-<br> munications</span></span></p> </td> <span ></span> <td width="84" colspan="2" valign="bottom" style="width:63.0pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">Environmental<br> Technologies</span></span></p> </td> <span ></span> <td width="60" colspan="2" valign="bottom" style="width:45.0pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">Specialty<br> Materials</span></span></p> </td> <span ></span> <td width="54" colspan="2" valign="bottom" style="width:40.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">Life<br> Sciences</span></span></p> </td> <span ></span> <td width="54" colspan="2" valign="bottom" style="width:40.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">All<br> Other</span></span></p> </td> <span ></span> <td width="60" colspan="2" valign="bottom" style="width:45.0pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="center" style="text-align:center;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">Total</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="267" valign="bottom" style="width:200.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">Three months ended March 31, 2008</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Net sales</span></span><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial"></span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">829&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">421&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">197&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">83&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">81&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">6&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">1,617&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Depreciation&nbsp;</span></span><span ><span style="font-size:7.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(1)</span></span><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial"></span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">90&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">27&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">24&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">8&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">4&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">3&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">156&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Amortization of purchased intangibles</span></span><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial"></span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">2&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">2&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Research, development and engineering expenses&nbsp;</span></span><span ><span style="font-size:7.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(2)</span></span><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial"></span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">24&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">24&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">33&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">9&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">2&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">36&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">128&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">Restructuring, impairment and other credits (before related tax benefits and minority interest)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(1)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(1)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Income tax (provision) benefit</span></span><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial"></span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(57)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(5)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(5)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(5)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">2&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(70)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Earnings (loss) before minority interest and equity earnings&nbsp;</span></span><span ><span style="font-size:7.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(3)</span></span><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial"></span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">476&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">10&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">12&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(4)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">10&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(45)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">459&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:9"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">Minority interest</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">1&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">1&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:10"> <td width="267" valign="bottom" style="width:200.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Equity in earnings of affiliated companies</span></span><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial"></span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">203&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">1&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">18&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">222&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:11"> <td width="267" valign="bottom" style="width:200.0pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Net income (loss)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">679&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">11&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">13&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(4)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">10&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(27)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">682&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:12"> <td width="267" valign="bottom" style="width:200.0pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">Three months ended March 31, 2007</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;mso-border-top-alt: solid windowtext 1.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><b style="mso-bidi-font-weight:normal"><span style="font-size:9.0pt;font-family: "Times New Roman","serif";mso-fareast-font-family:SimSun;mso-bidi-font-family: Arial">&nbsp;</span></b></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:13"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Net sales</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">524&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">439&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">179&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">84&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">76&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">5&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">1,307&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:14"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Depreciation&nbsp;</span></span><span ><span style="font-size:7.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(1)</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">81&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">33&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">21&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">8&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">4&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">1&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">148&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:15"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Amortization of purchased intangibles</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">3</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="margin-left:4.5pt;text-align:right; text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">3&nbsp;</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial"></span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:16"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Research, development and engineering expenses&nbsp;</span></span><span ><span style="font-size:7.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(2)</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">22&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">19&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">30&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">9&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">2&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">26&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">108&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:17"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Income tax (provision) benefit</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(42)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(11)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(3)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(4)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">2&nbsp;<u></u></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(58)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:18"> <td width="267" valign="bottom" style="width:200.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Earnings (loss) before minority interest and equity earnings (loss)&nbsp;</span></span><span ><span style="font-size:7.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(3)</span></span><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">273&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">31&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">10&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">10&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(32)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">292&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:19"> <td width="267" valign="bottom" style="width:200.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Equity in earnings of affiliated companies</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">113&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">1&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">9&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">123&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:20;mso-yfti-lastrow:yes"> <td width="267" valign="bottom" style="width:200.0pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">Net income (loss)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">386&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">32&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="66" valign="bottom" style="width:49.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">10&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">10&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="36" valign="bottom" style="width:27.0pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">(23)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">$</span></span></p> </td> <span ></span> <td width="42" valign="bottom" style="width:31.5pt;border:none;border-bottom: solid windowtext 1.5pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="MsoNormal" align="right" style="text-align:right;tab-stops:.25in"><span ><span style="font-size:9.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun;mso-bidi-font-family:Arial">415&nbsp;</span></span></p> </td> <span ></span> </tr> </table> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;tab-stops:.25in"><span ><span style="font-size:6.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;tab-stops:.25in"><span ><span style="font-size:7.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(1)<span style="mso-tab-count:1"> </span>Depreciation expense for Corning's reportable segments includes an allocation of depreciation of corporate property not specifically identifiable to a segment.</span></span></p> <p class="MsoNormal" style="margin-top:0in;margin-right:1.8pt;margin-bottom:0in; margin-left:.25in;margin-bottom:.0001pt;text-indent:-.25in;tab-stops:decimal 387.0pt 6.25in 508.5pt center 531.0pt"><span ><span style="font-size:7.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(2)<span style="mso-tab-count:1"> </span>Research, development, and engineering expense includes direct project spending which is identifiable to a segment.</span></span></p> <p class="MsoNormal" style="margin-top:0in;margin-right:1.8pt;margin-bottom:0in; margin-left:.25in;margin-bottom:.0001pt;text-indent:-.25in;tab-stops:decimal 387.0pt 6.25in 508.5pt center 531.0pt"><span ><span style="font-size:7.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(3)<span style="mso-tab-count:1"> </span>Many of Corning's administrative and staff functions are performed on a centralized basis.<span style="mso-spacerun:yes"> </span>Where practicable, Corning charges these expenses to segments based upon the extent to which each business uses a centralized function.<span style="mso-spacerun:yes"> </span>Other staff functions, such as corporate finance, human resources and legal are allocated to segments, primarily as a percentage of sales.</span></span></p> <p class="ReleaseDate"><span ><span style="font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="ReleaseDate"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">A reconciliation of reportable segment net income to consolidated net income follows (in millions):</span></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-yfti-tbllook: 480;mso-padding-alt:0in 2.9pt 0in 2.9pt"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td width="565" valign="bottom" style="width:423.9pt;border:none;border-top:solid windowtext 2.25pt; padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="165" colspan="5" valign="bottom" style="width:123.5pt;border-top:solid windowtext 2.25pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Three&nbsp;months&nbsp;ended<br> March&nbsp;31,</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:1"> <td width="565" valign="bottom" style="width:423.9pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="72" colspan="2" valign="bottom" style="width:53.85pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2008</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="66" colspan="2" valign="bottom" style="width:49.5pt;border:none; border-bottom:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="center" style="text-align:center"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">2007</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:2"> <td width="565" valign="bottom" style="width:423.9pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net income of reportable segments</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">709&nbsp;</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;mso-border-top-alt: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">438&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:3"> <td width="565" valign="bottom" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Non-reportable segments</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(27)</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(23)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:4"> <td width="565" valign="bottom" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:4.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Unallocated amounts:</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:5"> <td width="565" valign="bottom" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net financing costs&nbsp;</span></span><span ><span style="font-size:8.0pt; font-family:"Times New Roman","serif";mso-fareast-font-family:SimSun">(1)</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">9&nbsp;</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">8&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:6"> <td width="565" valign="bottom" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Stock-based compensation expense</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(41)</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(36)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:7"> <td width="565" valign="bottom" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Exploratory research</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(18)</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(17)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:8"> <td width="565" valign="bottom" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Corporate contributions</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(11)</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(14)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:9"> <td width="565" valign="bottom" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Equity in earnings of affiliated companies, net of impairments&nbsp;</span></span><span ><span style="font-size:8.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(2)</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">82&nbsp;</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">93&nbsp;</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:10"> <td width="565" valign="bottom" style="width:423.9pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Asbestos settlement charge (credit)&nbsp;</span></span><span ><span style="font-size:8.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(3)</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">327&nbsp;</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(110)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:11"> <td width="565" valign="bottom" style="width:423.9pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" style="margin-left:13.5pt;text-indent:-4.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Other corporate items&nbsp;</span></span><span ><span style="font-size:8.0pt; font-family:"Times New Roman","serif";mso-fareast-font-family:SimSun">(4)</span></span><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun"></span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(1)</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 1.0pt; padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">(12)</span></span></p> </td> <span ></span> </tr> <tr style="mso-yfti-irow:12;mso-yfti-lastrow:yes"> <td width="565" valign="bottom" style="width:423.9pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">Net income</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="54" valign="bottom" style="width:40.35pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">1,029&nbsp;</span></span></p> </td> <span ></span> <td width="27" valign="bottom" style="width:20.15pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"><span ></span> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">&nbsp;</span></span></p> </td> <span ></span> <td width="18" valign="bottom" style="width:13.5pt;border:none;border-bottom: solid windowtext 2.25pt;mso-border-top-alt:solid windowtext 1.0pt;padding: 0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">$</span></span></p> </td> <span ></span> <td width="48" valign="bottom" style="width:.5in;border:none;border-bottom:solid windowtext 2.25pt; mso-border-top-alt:solid windowtext 1.0pt;padding:0in 2.9pt 0in 2.9pt"> <p class="ReleaseDate" align="right" style="text-align:right"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: SimSun">327&nbsp;</span></span></p> </td> <span ></span> </tr> </table> <p class="ReleaseDate"><span ><span style="font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="ReleaseDate" style="margin-left:.25in;text-indent:-.25in"><span ><span style="font-size:8.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(1)<span style="mso-tab-count:1"> </span>Net financing costs include interest income, interest expense, and interest costs and investment gains associated with benefit plans.</span></span></p> <p class="ReleaseDate" style="margin-left:.25in;text-indent:-.25in"><span ><span style="font-size:8.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(2)<span style="mso-tab-count:1"> </span>Represents the equity earnings of Dow Corning Corporation.</span></span></p> <p class="ReleaseDate" style="margin-left:.25in;text-indent:-.25in"><span ><span style="font-size:8.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(3)<span style="mso-tab-count:1"> </span>In the first quarter of 2008, Corning reduced its liability for asbestos litigation as a result of the increase in the likelihood of a settlement under recently proposed terms and a corresponding decrease in the likelihood of a settlement under terms established in 2003.</span></span></p> <p class="ReleaseDate" style="margin-left:.25in;text-indent:-.25in"><span ><span style="font-size:8.0pt;font-family:"Times New Roman","serif";mso-bidi-font-family: Arial">(4)<span style="mso-tab-count:1"> </span>Other corporate items include the tax impact of the unallocated amounts.<span style="mso-spacerun:yes"> </span>In addition, the first quarter 2007 included a loss of $15 million from the repurchase of $223 million principal amount of our 6.25% Euro notes due 2010.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In the Display Technologies operating segment, assets increased from $5.8 billion at December 31, 2007 to $6.8 billion at March 31, 2008.<span style="mso-spacerun:yes"> </span>The increase is due primarily to capital expenditures of $363 million and an increase in translation capital of $457 million for the three months ended March 31, 2008.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">The sales of each of our reportable operating segments are concentrated across a relatively small number of customers.<span style="mso-spacerun:yes"> </span>In the first quarter of 2008, this small number of customers, which individually accounted for 10% or more of each segment's sales, represented the following concentration of segment sales:</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l2 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In the Display segment, three customers accounted for 64% of total segment sales.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l2 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In the Telecommunications segment, two customers accounted for 24% of total segment sales.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l2 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In the Environmental Technologies segment, three customers accounted for 81% of total segment sales.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l2 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In the Specialty Materials segment, one customer accounted for 12% of segment sales.</span></span></p> <p class="MsoNormal" style="margin-left:.25in;text-indent:-.25in;mso-list:l2 level1 lfo1; tab-stops:list .25in"><span ><![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol;mso-fareast-font-family:Symbol; mso-bidi-font-family:Symbol"><span style="mso-list:Ignore"><span style="font:7.0pt "Times New Roman"">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In the Life Sciences segment, one customer accounted for 46% of segment sales.</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">A significant amount of specialized manufacturing capacity for our Display Technologies segment is concentrated in Taiwan and Japan.<span style="mso-spacerun:yes"> </span>It is at least reasonably possible that the use of a facility located outside of an entity's home country could be disrupted.<span style="mso-spacerun:yes"> </span>Due to the specialized nature of the assets, it would not be possible to find replacement capacity quickly.<span style="mso-spacerun:yes"> </span>Accordingly, loss of these facilities would produce a near-term severe impact to our display business and the Company as a whole.</span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:Courier; panose-1:2 7 4 9 2 2 5 2 4 4; mso-font-charset:0; mso-generic-font-family:modern; mso-font-format:other; mso-font-pitch:fixed; mso-font-signature:3 0 0 0 1 0;} @font-face {font-family:Wingdings; panose-1:5 0 0 0 0 0 0 0 0 0; mso-font-charset:2; mso-generic-font-family:auto; 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mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in"><a name="_AUCa09b4776e3e242a3ab7a872e469b54d3"><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">1.<span style="mso-tab-count:1"> </span>Significant Accounting Policies</span></b></a></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in"><span ><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">&nbsp;</span></b></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:.25in"><span ><b style="mso-bidi-font-weight: normal"><i style="mso-bidi-font-style:normal"><span style="font-size:11.0pt; mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">Basis of Presentation</span></i></b></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In these notes, the terms "Corning," "Company," "we," "us," or "our" mean Corning Incorporated and subsidiary companies.</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">The accompanying unaudited consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (SEC) and in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information.<span style="mso-spacerun:yes"> </span>Certain information and note disclosures normally included in financial statements prepared in accordance with GAAP have been omitted or condensed.<span style="mso-spacerun:yes"> </span>These interim consolidated financial statements should be read in conjunction with Corning's consolidated financial statements and notes thereto included in its Annual Report on Form 10-K for the year ended December 31, 2007 (2007 Form 10-K).</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">The unaudited consolidated financial statements reflect all adjustments which, in the opinion of management, are necessary for a fair statement of the results of operations, financial position and cash flows for the interim periods presented.<span style="mso-spacerun:yes"> </span>All such adjustments are of a normal recurring nature.<span style="mso-spacerun:yes"> </span>The results for interim periods are not necessarily indicative of results which may be expected for any other interim period or for the full year.</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><i style="mso-bidi-font-style:normal"><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></i></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><i style="mso-bidi-font-style:normal"><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif"">Other Income, Net</span></i></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:112.5pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">Royalty income from Samsung Corning Precision Glass Co., Ltd. (Samsung Corning Precision) represents the largest item included in "Other income, net", in Corning's consolidated statements of operations.<span style="mso-spacerun:yes"> </span>Royalty income from Samsung Corning Precision for the first quarter of 2008 and 2007 was $43 million and $29 million, respectively.<span style="mso-spacerun:yes"> </span>The impact of certain foreign currency hedge transactions is also included in "Other income, net."<span style="mso-spacerun:yes"> </span>In the first quarter of 2008, Corning recorded net foreign currency exchange and hedge losses of $28 million.<span style="mso-spacerun:yes"> </span>In the first quarter of 2007, Corning recorded net foreign currency exchange and hedge gains of $14 million.</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><i style="mso-bidi-font-style:normal"><span style="font-size:11.0pt;mso-bidi-font-size: 12.0pt;font-family:"Times New Roman","serif"">Short-Term Investments</span></i></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:166.5pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"; mso-fareast-language:EN-US">Corning</span><span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-language: EN-US">'s short-term investments at March 31, 2008, included asset-backed securities totaling $255 million.<span style="mso-spacerun:yes"> </span>These securities are collateralized by credit card loans, auto loans, mortgages, and student loans.<span style="mso-spacerun:yes"> </span>At March 31, 2008, our exposure to sub-prime mortgages was $3 million.<span style="mso-spacerun:yes"> </span>Unrealized losses on securities backed by sub-prime mortgages, which are rated as investment grade, were less than $1 million at March 31, 2008.<span style="mso-spacerun:yes"> </span>Losses realized in the quarter were less than $1 million.</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:166.5pt"><span ><i style="mso-bidi-font-style: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">&nbsp;</span></i></span></p> <p class="MsoNormal" style="margin-right:1.8pt;tab-stops:166.5pt"><span ><i style="mso-bidi-font-style: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif"">New Accounting Standards</span></i></span><span ><b style="mso-bidi-font-weight: normal"><span style="font-size:11.0pt;mso-bidi-font-size:12.0pt;font-family: "Times New Roman","serif";mso-bidi-font-style:italic"></span></b></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In September 2006, the Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standard (SFAS) No. 157, "Fair Value Measurements" (SFAS 157).<span style="mso-spacerun:yes"> </span>SFAS 157 defines fair value, establishes a framework for measuring fair value in applying generally accepted accounting principles, and expands disclosures about fair value measurements.<span style="mso-spacerun:yes"> </span>SFAS 157 applies whenever an entity is measuring fair value under other accounting pronouncements that require or permit fair value measurement.<span style="mso-spacerun:yes"> </span>SFAS 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007, however, the FASB provided a one year deferral for implementation of the standard for non-financial assets and liabilities.<span style="mso-spacerun:yes"> </span>Corning adopted SFAS 157 effective January 1, 2008, for all financial assets and liabilities as required.<span style="mso-spacerun:yes"> </span>Refer to Note 14 (Fair Value Measurements) for additional information.<span style="mso-spacerun:yes"> </span>Corning does not expect the standard to have a material impact on its consolidated results of operations and financial condition when the standard is fully adopted in 2009.</span></span></p> <span style="font-size:11.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:ZH-CN; mso-bidi-language:AR-SA"><br clear="all" style="mso-special-character:line-break; page-break-before:always"> </span> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In February 2007, the FASB issued SFAS No. 159, "The Fair Value Option for Financial Assets and Financial Liabilities including an amendment of FASB Statement No. 115" (SFAS 159).<span style="mso-spacerun:yes"> </span>SFAS 159 allows entities a one-time election to measure many financial instruments and certain other items at fair value that are not currently required to be measured at fair value (the "fair value option").<span style="mso-spacerun:yes"> </span>SFAS 159 is effective for fiscal years beginning after November 15, 2007.<span style="mso-spacerun:yes"> </span>Corning has not elected the fair value option for any assets or liabilities under SFAS 159.</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-no-proof:no">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In December 2007, the FASB issued SFAS No. 141(R), "Business Combinations (revised - 2007)" (SFAS 141(R)).<span style="mso-spacerun:yes"> </span>SFAS 141(R) is a revision to previously existing guidance on accounting for business combinations.<span style="mso-spacerun:yes"> </span>The statement retains the fundamental concept of the purchase method of accounting, and introduces new requirements for the recognition and measurement of assets acquired, liabilities assumed and noncontrolling interests.<span style="mso-spacerun:yes"> </span>The statement is effective for fiscal years beginning after December 15, 2008.<span style="mso-spacerun:yes"> </span>Corning does not expect adoption of this standard to have a material impact on its consolidated results of operations and financial condition.</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">&nbsp;</span></span></p> <p class="MsoNormal" style="margin-right:1.8pt"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In December 2007, the FASB issued SFAS No. 160, "Noncontrolling Interests in Consolidated Financial Statements" (SFAS 160).<span style="mso-spacerun:yes"> </span>The Statement requires that noncontrolling interests be reported as stockholders equity, a change that will affect Corning's financial statement presentation of minority interests in its consolidated subsidiaries.<span style="mso-spacerun:yes"> </span>The Statement also establishes a single method of accounting for changes in a parent's ownership interest in a subsidiary as long as that ownership change does not result in deconsolidation. SFAS 160 is required to be applied prospectively in 2009, except for the presentation and disclosure requirements which are to be applied retrospectively.<span style="mso-spacerun:yes"> </span>The statement is effective for fiscal years beginning after December 15, 2008.<span style="mso-spacerun:yes"> </span>Corning is currently evaluating the impact of SFAS 160 and, except for certain reclassifications required upon adoption of this standard, does not expect the adoption of the standard to have a material impact to its consolidated results of operations and financial condition.</span></span></p> <p class="titles"><span ><span style="font-size:11.0pt;letter-spacing:0pt;mso-bidi-font-weight:bold; mso-bidi-font-style:italic;mso-no-proof:no">&nbsp;</span></span></p> <p class="MsoNormal"><span ><span style="font-size:11.0pt;font-family:"Times New Roman","serif"">In March 2008, the FASB issued SFAS No. 161, "Disclosures about Derivative Instruments and Hedging Activities."<span style="mso-spacerun:yes"> </span>This Statement is effective for financial statements issued for periods beginning after November 15, 2008, with early application encouraged.<span style="mso-spacerun:yes"> </span>This statement amends and expands the disclosure requirements in SFAS No. 133, "Accounting for Derivative Instruments and Hedging Activities,"<i style="mso-bidi-font-style:normal"> </i>and other related literature.<span style="mso-spacerun:yes"> </span>Corning believes that the updated disclosures will not have a material impact on its consolidated financial statements.</span></span></p><style> st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"; mso-fareast-language:ZH-CN;} p.titles, li.titles, div.titles {mso-style-name:titles; mso-style-unhide:no; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"; letter-spacing:.5pt; mso-fareast-language:ZH-CN; mso-no-proof:yes;} ..MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} - --> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> EX-100.SCH 3 glw-20080331.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT link:presentationLink EX-100.CAL 4 glw-20080331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-100.LAB 5 glw-20080331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT EX-100.PRE 6 glw-20080331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT EX-100.DEF 7 glw-20080331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
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