Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 1,178	$ 2,355
Trade accounts receivable, net of doubtful accounts and allowances - $71 and $64	2,103	1,940
Inventories, net of inventory reserves - $188 and $182 (Note 7)	2,291	2,037
Other current assets	739	702
Total current assets	6,311	7,034
Investments	344	376
Property, plant and equipment, net of accumulated depreciation - $12,506 and $11,932	15,137	14,895
Goodwill, net	1,938	1,936
Other intangible assets, net	1,240	1,292
Deferred income taxes (Note 5)	1,053	951
Other assets	1,552	1,021
Total Assets	27,575	27,505
Current liabilities:
Current portion of long-term debt and short-term borrowings	455	4
Accounts payable	1,297	1,456
Other accrued liabilities (Note 3 and Note 9)	1,664	1,851
Total current liabilities	3,416	3,311
Long-term debt	6,080	5,994
Postretirement benefits other than pensions (Note 8)	648	662
Other liabilities (Note 3 and Note 9)	3,910	3,652
Total liabilities	14,054	13,619
Commitments, contingencies and guarantees (Note 3)
Shareholders’ equity (Note 12):
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: 1,717 million and 1,713 million	858	857
Additional paid-in capital – common stock	14,277	14,212
Retained earnings	16,399	16,303
Treasury stock, at cost; Shares held: 938 million and 925 million	(19,279)	(18,870)
Accumulated other comprehensive loss	(1,130)	(1,010)
Total Corning Incorporated shareholders’ equity	13,425	13,792
Noncontrolling interests	96	94
Total equity	13,521	13,886
Total Liabilities and Equity	$ 27,575	$ 27,505