Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 2,355	$ 4,317
Trade accounts receivable, net of doubtful accounts and allowances - $64 and $60	1,940	1,807
Inventories, net of inventory reserves - $182 and $169 (Note 3)	2,037	1,712
Other current assets (Note 9 and 13)	702	991
Total current assets	7,034	8,827
Investments (Note 5)	376	340
Property, plant and equipment, net of accumulated depreciation - $11,932 and $10,809 (Note 7)	14,895	14,017
Goodwill, net (Note 8)	1,936	1,694
Other intangible assets, net (Note 8)	1,292	869
Deferred income taxes (Note 4)	951	813
Other assets (Note 9 and 13)	1,021	934
Total Assets	27,505	27,494
Current liabilities:
Current portion of long-term debt and short-term borrowings (Note 10)	4	379
Accounts payable	1,456	1,439
Other accrued liabilities (Note 9 and Note 12)	1,851	1,391
Total current liabilities	3,311	3,209
Long-term debt (Note 10)	5,994	4,749
Postretirement benefits other than pensions (Note 11)	662	749
Other liabilities (Note 9 and Note 12)	3,652	3,017
Total liabilities	13,619	11,724
Commitments and contingencies (Note 12)
Shareholders’ equity (Note 15):
Convertible preferred stock, Series A – Par value $100 per share; Shares authorized 3,100; Shares issued: 2,300	2,300	2,300
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1,713 million and 1,708 million	857	854
Additional paid-in capital – common stock	14,212	14,089
Retained earnings	16,303	15,930
Treasury stock, at cost; Shares held: 925 million and 850 million	(18,870)	(16,633)
Accumulated other comprehensive loss	(1,010)	(842)
Total Corning Incorporated shareholders’ equity	13,792	15,698
Noncontrolling interests	94	72
Total equity	13,886	15,770
Total Liabilities and Equity	$ 27,505	$ 27,494