Earnings Per Common Share

6 Months Ended

Jun. 30, 2012

Earnings Per Common Share [Abstract]

Earnings Per Common Share

5.      Earnings per Common Share

The reconciliation of the amounts used in the basic and diluted earnings per common share computations follows (in millions, except per share amounts):

	Three months ended June 30,
	2012			2011
	Net income attributable to Corning Incorporated	Weighted- average shares	Per share amount	Net income attributable to Corning Incorporated	Weighted- average shares	Per share amount
Basic earnings per common share	$462	1,506	$0.31	$755	1,568	$0.48
Effect of dilutive securities:
Stock options and other dilutive securities		12			23
Diluted earnings per common share	$462	1,518	$0.30	$755	1,591	$0.47

	Six months ended June 30,
	2012			2011
	Net income attributable to Corning Incorporated	Weighted- average shares	Per share amount	Net income attributable to Corning Incorporated	Weighted- average shares	Per share amount
Basic earnings per common share	$924	1,511	$0.61	$1,503	1,566	$0.96
Effect of dilutive securities:
Stock options and other dilutive securities		13			24
Diluted earnings per common share	$924	1,524	$0.61	$1,503	1,590	$0.95

The following potential common shares were excluded from the calculation of diluted earnings per common share because their inclusion would have been anti-dilutive (in millions):

	Three months ended June 30,		Six months ended June 30,
	2012	2011	2012	2011
Stock options and other dilutive securities excluded from the calculation of diluted earnings per common share	42	26	42	48