Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 2,025	$ 2,434
Trade accounts receivable, net of doubtful accounts and allowances - $44 and $41	1,708	1,836
Inventories, net of inventory reserves - $208 and $201 (Note 7)	2,347	2,320
Other current assets	866	873
Total current assets	6,946	7,463
Investments	320	334
Property, plant and equipment, net of accumulated depreciation - $13,187 and $12,995	14,932	15,337
Goodwill, net	1,918	1,935
Other intangible assets, net	1,149	1,185
Deferred income taxes (Note 5)	1,181	1,157
Other assets	1,413	1,487
Total Assets	27,859	28,898
Current liabilities:
Current portion of long-term debt and short-term borrowings	12	11
Accounts payable	1,250	1,587
Other accrued liabilities (Note 3 and Note 9)	1,929	1,923
Total current liabilities	3,191	3,521
Long-term debt	7,815	7,729
Postretirement benefits other than pensions	671	671
Other liabilities (Note 3 and Note 9)	3,895	3,980
Total liabilities	15,572	15,901
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: 1,719 million and 1,718 million	859	859
Additional paid-in capital – common stock	14,340	14,323
Retained earnings	16,114	16,408
Treasury stock, at cost; Shares held: 960 million and 956 million	(19,918)	(19,812)
Accumulated other comprehensive loss	(1,497)	(1,171)
Total Corning Incorporated shareholders’ equity	12,198	12,907
Noncontrolling interests	89	90
Total equity	12,287	12,997
Total Liabilities and Equity	$ 27,859	$ 28,898