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Note 6 - Earnings (Loss) Per Common Share (Tables)
3 Months Ended
Mar. 31, 2021
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Three months ended

 
   

March 31,

 
   

2021

   

2020

 

Net income (loss) attributable to Corning Incorporated

  $ 599     $ (96 )
Less: Series A convertible preferred stock dividend     24       24  

Net income (loss) available to common stockholders – basic

    575       (120 )
Plus: Series A convertible preferred stock dividend     24          

Net income (loss) available to common stockholders – diluted

  $ 599     $ (120 )
                 

Weighted-average common shares outstanding – basic

    766       760  

Effect of dilutive securities:

               
Employee stock options and other dilutive securities     17          
Series A convertible preferred stock (1)     115          

Weighted-average common shares outstanding – diluted

    898       760  

Basic earnings (loss) per common share

  $ 0.75     $ (0.16 )

Diluted earnings (loss) per common share

  $ 0.67     $ (0.16 )
                 

Anti-dilutive potential shares excluded from diluted earnings (loss) per common share:

               

Series A convertible preferred stock (1)

            115  
Employee stock options and awards     1       11  

Total

    1       126