Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 2,434	$ 2,355
Trade accounts receivable, net of doubtful accounts and allowances - $81 and $64	1,836	1,940
Inventories, net of inventory reserves - $201 and $182 (Note 3)	2,320	2,037
Other current assets (Note 10 and 14)	873	702
Total current assets	7,463	7,034
Investments (Note 6)	334	376
Property, plant and equipment, net of accumulated depreciation - $12,995 and $11,932 (Note 8)	15,337	14,895
Goodwill, net (Note 9)	1,935	1,936
Other intangible assets, net (Note 9)	1,185	1,292
Deferred income taxes (Note 5)	1,157	951
Other assets (Note 10 and 14)	1,487	1,021
Total Assets	28,898	27,505
Current liabilities:
Current portion of long-term debt and short-term borrowings (Note 11)	11	4
Accounts payable	1,587	1,456
Other accrued liabilities (Note 10 and 13)	1,923	1,851
Total current liabilities	3,521	3,311
Long-term debt (Note 11)	7,729	5,994
Postretirement benefits other than pensions (Note 12)	671	662
Other liabilities (Note 10 and 13)	3,980	3,652
Total liabilities	15,901	13,619
Commitments, contingencies and guarantees (Note 13)
Shareholders’ equity (Note 16):
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: 1,718 million and 1,713 million	859	857
Additional paid-in capital – common stock	14,323	14,212
Retained earnings	16,408	16,303
Treasury stock, at cost; shares held: 956 million and 925 million	(19,812)	(18,870)
Accumulated other comprehensive loss	(1,171)	(1,010)
Total Corning Incorporated shareholders’ equity	12,907	13,792
Noncontrolling interests	90	94
Total equity	12,997	13,886
Total Liabilities and Equity	$ 28,898	$ 27,505