Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 5,309	$ 4,704
Short-term investments, at fair value (Note 3)	759	531
Total cash, cash equivalents and short-term investments	6,068	5,235
Trade accounts receivable, net of doubtful accounts and allowances - $47 and $28	1,501	1,253
Inventories, net of inventory reserves - $127 and $94 (Note 5)	1,322	1,270
Deferred income taxes (Note 6)	248	278
Other current assets (Note 11 and 15)	1,099	855
Total current assets	10,238	8,891
Investments (Note 7)	1,801	5,537
Property, plant and equipment, net of accumulated depreciation - $8,332 and $7,865 (Note 9)	12,766	9,801
Goodwill, net (Note 10)	1,150	1,002
Other intangible assets, net (Note 10)	497	540
Deferred income taxes (Note 6)	1,889	2,234
Other assets (Note 8, 11 and 15)	1,722	473
Total Assets	30,063	28,478
Liabilities and Equity
Current portion of long-term debt (Note 12)	36	21
Accounts payable	997	771
Other accrued liabilities (Note 11 and 14)	1,291	954
Total current liabilities	2,324	1,746
Long-term debt (Note 12)	3,227	3,272
Postretirement benefits other than pensions (Note 13)	814	766
Other liabilities (Note 11 and 14)	2,046	1,483
Total liabilities	8,411	7,267
Commitments and contingencies (Note 14)
Shareholders’ equity (Note 17):
Convertible preferred stock, Series A – Par value $100 per share; Shares authorized 3,100; Shares issued: 2,300	2,300
Common stock – Par value $0.50 per share; Shares authorized: 3.8 billion; Shares issued: 1,672 million and 1,661 million	836	831
Additional paid-in capital – common stock	13,456	13,066
Retained earnings	13,021	11,320
Treasury stock, at cost; shares held: 398 million and 262 million	(6,727)	(4,099)
Accumulated other comprehensive (loss) income	(1,307)	44
Total Corning Incorporated shareholders’ equity	21,579	21,162
Noncontrolling interests	73	49
Total equity	21,652	21,211
Total Liabilities and Equity	$ 30,063	$ 28,478