EXHIBIT 12

Corning Incorporated and Subsidiary Companies

Computation of Ratio of Earnings to Fixed Charges

(In millions, except ratios)

	Fiscal years ended December 31,
	2010			2009			2008			2007			2006
Income from continuing operations before taxes on income (1)	$	3,845		$	1,934		$	2,882		$	2,271		$	1,939
Adjustments:
Equity in earnings of equity affiliates		(1,958	)		(1,435	)		(1,358	)		(983	)		(989	)
Distributed income of equity affiliates		1,712			755			546			490			363
Net income attributable to noncontrolling interests		(2	)		6			(1	)		3			11
Amortization of capitalized interest								1			3			4
Fixed charges net of capitalized interest		129			103			78			104			97
Earnings before taxes and fixed charges as adjusted	$	3,726		$	1,363		$	2,148		$	1,888		$	1,425
Fixed charges:
Interest incurred (2)	$	126		$	111		$	88		$	96		$	107
Portion of rent expense which represents an appropriate interest factor (3)		21			20			19			25			25
Amortization of debt costs		2			1			2			2			2
Total fixed charges	$	149		$	132		$	109		$	123		$	134
Ratio of earnings to fixed charges		25.0x			10.3x			19.7x			15.3x			10.6x

(1) Effective January 1, 2009, equity earnings are now included in income from continuing operations before taxes on income. Prior period amounts conform to the 2009 presentation.

(2) Interest expense includes amortization expense for debt costs and capitalized interest

(3) One-third of net rent expense is the portion deemed representative of the interest factor.