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Earnings (Loss) Per Common Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings (Loss) Per Common Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) per Common Share



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Years ended December 31,



2018

 

2017

 

2016

Net income (loss) attributable to Corning Incorporated

$

1,066 

 

$

(497)

 

$

3,695 

Less:  Series A convertible preferred stock dividend

 

98 

 

 

98 

 

 

98 

Net income (loss) available to common stockholders - basic

 

968 

 

 

(595)

 

 

3,597 

Plus:  Series A convertible preferred stock dividend

 

98 

 

 

 

 

 

98 

Net income (loss) available to common stockholders - diluted

$

1,066 

 

$

(595)

 

$

3,695 



 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

816 

 

 

895 

 

 

1,020 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Stock options and other dilutive securities

 

10 

 

 

 

 

 

Series A convertible preferred stock (1)

 

115 

 

 

 

 

 

115 

Weighted-average common shares outstanding - diluted

 

941 

 

 

895 

 

 

1,144 

Basic earnings (loss) per common share

$

1.19 

 

$

(0.66)

 

$

3.53 

Diluted earnings (loss) per common share

$

1.13 

 

$

(0.66)

 

$

3.23 



 

 

 

 

 

 

 

 

Anti-dilutive potential shares excluded from diluted
  earnings (loss) per common share:

 

 

 

 

 

 

 

 

Series A convertible preferred stock dividend (1)

 

 

 

 

115 

 

 

 

Employee stock options and awards

 

 

 

13 

 

 

15 

Accelerated share repurchase forward contract

 

 

 

 

 

 

 

 

Total

 

 

 

128 

 

 

15