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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Consolidated Statements of Income [Abstract]        
Net sales $ 2,940 $ 2,747 $ 5,752 $ 5,247
Cost of sales 1,875 1,675 3,588 3,220
Gross margin 1,065 1,072 2,164 2,027
Operating expenses:        
Selling, general and administrative expenses 414 412 815 913
Research, development and engineering expenses 249 243 498 484
Amortization of purchased intangibles 28 22 57 41
Operating income 374 395 794 589
Equity in earnings of affiliated companies 33 31 58 70
Interest income 5 9 12 22
Interest expense (54) (43) (106) (95)
Translated earnings contract (loss) gain, net (Note 10) (107) 458 77 (164)
Other (expense) income, net (35) 14 (44) (23)
Income before income taxes 216 864 791 399
Provision for income taxes (Note 5) (124) (126) (200) (250)
Net income attributable to Corning Incorporated $ 92 $ 738 $ 591 $ 149
Earnings per common share attributable to Corning Incorporated:        
Basic (Note 6) $ 0.09 $ 0.87 $ 0.69 $ 0.12
Diluted (Note 6) $ 0.09 $ 0.78 $ 0.65 $ 0.12