Consolidated Balance Sheets (Unaudited) (USD $) In Millions, unless otherwise specified	Jun. 30, 2013		Dec. 31, 2012
Assets
Cash and cash equivalents	$ 4,601		$ 4,988
Short-term investments, at fair value (Note 7)	870		1,156
Total cash, cash equivalents and short-term investments	5,471		6,144
Trade accounts receivable, net of doubtful accounts and allowances - $31 and $26	1,296		1,302
Inventories (Note 8)	1,240		1,051
Deferred income taxes (Note 5)	282		579
Other current assets	764		619
Total current assets	9,053		9,695
Investments (Note 9)	4,809		4,915
Property, net of accumulated depreciation - $7,683 and $7,652 (Note 11)	9,954		10,625
Goodwill and other intangible assets, net (Note 12)	1,559		1,496
Deferred income taxes (Note 5)	2,453		2,343
Other assets	561		301
Total Assets	28,389		29,375
Liabilities and Equity
Current portion of long-term debt (Note 4)	72		76
Accounts payable	721		779
Other accrued liabilities (Note 3)	804		1,101
Total current liabilities	1,597		1,956
Long-term debt (Note 4)	2,822		3,382
Postretirement benefits other than pensions	916		930
Other liabilities (Note 3)	1,600		1,574
Total liabilities	6,935		7,842
Commitments and contingencies (Note 3)
Shareholders’ equity:
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1,656 million and 1,649 million	828		825
Additional paid-in capital	13,206		13,146
Retained earnings	10,754		9,932
Treasury stock, at cost; Shares held: 196 million and 179 million	(3,022)		(2,773)
Accumulated other comprehensive (loss) income	(388)	[1]	356	[1]
Total Corning Incorporated shareholders’ equity	21,378		21,486
Noncontrolling interests	76		47
Total equity	21,454		21,533
Total Liabilities and Equity	$ 28,389		$ 29,375

[1] All amounts are after tax. Amounts in parentheses indicate debits to accumulated other comprehensive income.