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Note 19 - Reportable Segments (Details) - Reconciliation of Reportable Segment Net Income to Consolidated Net Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net Income (Loss) $ 501 [1] $ 472 [1],[2] $ 935 [1] $ 970 [1],[2]
Net financing costs (1) (28) [3] (44) [3] (62) [3] (84) [3]
Stock-based compensation expense (14) (16) (25) (40)
Exploratory research (27) (24) (51) (47)
Corporate contributions (12) (10) (25) (23)
Equity in earnings of affiliated companies, net of impairments (2) 49 [4] 64 [4] 83 [4] 99 [4]
Asbestos settlement (3) (6) [5] (5) [5] (8) [5] (6) [5]
Purchased collars and average rate forward contracts (6) 227 [6]   251 [6]  
Other corporate items (4)(5) (52) [2],[7] 37 [2],[7] 34 [2],[7] 79 [2],[7]
Net income (4) 638 [2] 474 [2] 1,132 [2] 948 [2]
Reportable Segments [Member]
       
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net Income (Loss) 532 [2] 488 [2] 994 [2] 1,006 [2]
Non Reportable Segments [Member]
       
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net Income (Loss) $ (31) $ (16) $ (59) $ (36)
[1] Many of Corning's administrative and staff functions are performed on a centralized basis. Where practicable, Corning charges these expenses to segments based upon the extent to which each business uses a centralized function. Other staff functions, such as corporate finance, human resources and legal, are allocated to segments, primarily as a percentage of sales.
[2] As revised for the change in our method of recognizing pension expense. See Note 1 of Notes to Consolidated Financial Statements for a discussion of the change and the impacts of the change for the three and six months ended June 30, 2012.
[3] Net financing costs include interest income, interest expense, and interest costs and investment gains associated with benefit plans.
[4] Primarily represents the equity earnings of Dow Corning Corporation, which includes a $9 million and $11 million restructuring charge for our share of costs for the three and six months ended June 30, 2013.
[5] In the three and six months ended June 30, 2013, Corning recorded a charge of $6 million and $8 million, respectively, to adjust the asbestos liability for the change in value of components of the Amended PCC Plan. In the three and six month ended June 30, 2012, Corning recorded a charge of $5 million and $6 million, respectively, to adjust the asbestos liability for the change in value of components of the Amended PCC Plan.
[6] For the three and six months ended June 30, 2013, Corning recorded a net gain of $227 million and $251 million, respectively, related to its purchased collars and average rate forward contracts.
[7] For the six months ended June 30, 2013, Corning recorded a $54 million tax benefit for the impact of the American Taxpayer Relief Act enacted on January 3, 2013 and made retroactive to 2012.