XML 14 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,755 $ 1,526
Trade accounts receivable, net of doubtful accounts - $27 and $27 2,676 2,779
Inventories (Note 3) 3,279 3,077
Other current assets (Note 5) 1,816 1,554
Total current assets 9,526 8,936
Property, plant and equipment, net of accumulated depreciation - $15,162 and $15,229 14,785 14,825
Goodwill 2,479 2,489
Other intangible assets, net 632 657
Deferred income taxes (Note 11) 1,569 1,515
Other assets (Note 5) 2,262 2,554
Total Assets 31,253 30,976
Current liabilities:    
Current portion of long-term debt and short-term borrowings (Note 6) 1,255 804
Accounts payable 2,251 1,979
Other accrued liabilities (Notes 5 and 8) 2,410 2,845
Total current liabilities 5,916 5,628
Long-term debt (Note 6) 7,718 7,630
Postretirement benefits other than pensions (Note 7) 311 314
Other liabilities (Notes 5 and 8) 4,959 5,097
Total liabilities 18,904 18,669
Commitments and contingencies (Note 8)
Shareholders’ equity: (Note 12)    
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.9 billion and 1.8 billion 925 924
Additional paid-in capital – common stock 17,704 17,580
Retained earnings 16,680 16,551
Treasury stock, at cost; Shares held: 993 million and 992 million (21,206) (21,143)
Accumulated other comprehensive loss (2,291) (2,105)
Total Corning Incorporated shareholders’ equity 11,812 11,807
Non-controlling interest 537 500
Total equity 12,349 12,307
Total Liabilities and Equity $ 31,253 $ 30,976