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Earnings Per Common Share
9 Months Ended
Sep. 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 September 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
$521
 
1,483
 
$0.35
 
$811
 
1,569
 
$0.52
                       
Effect of dilutive securities:
                     
Stock options and other dilutive securities
   
     11
         
     19
   
                       
Diluted earnings per common share
$521
 
1,494
 
$0.35
 
$811
 
1,588
 
$0.51

 
Nine months ended September 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
$1,445
 
1,502
 
$0.96
 
$2,314
 
1,567
 
$1.48
                       
Effect of dilutive securities:
                     
Stock options and other dilutive securities
   
     12
         
     22
   
                       
Diluted earnings per common share
$1,445
 
1,514
 
$0.95
 
$2,314
 
1,589
 
$1.46

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
September 30,
 
Nine months ended
September 30,
 
2012
 
2011
 
2012
 
2011
Stock options and other dilutive securities excluded from the calculation of diluted earnings per common share
44
 
34
 
43
 
81