Note 6 - (Loss) Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2021

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three months ended						Six months ended
	June 30,						June 30,
	2021			2020			2021		2020
Net income (loss) attributable to Corning Incorporated	$	449		$	(71	)	$	1,048	$	(167	)
Less: Series A convertible preferred stock dividend					25			24		49
Less: Excess consideration paid for redemption of preferred shares		803						803
Net (loss) income available to common stockholders – basic		(354	)		(96	)		221		(216	)
Net (loss) income available to common stockholders – diluted	$	(354	)	$	(96	)	$	221	$	(216	)
Weighted-average common shares outstanding – basic		844			759			805		760
Effect of dilutive securities:
Employee stock options and other dilutive securities								17
Weighted-average common shares outstanding – diluted		844			759			822		760
Basic (loss) earnings per common share	$	(0.42	)	$	(0.13	)	$	0.27	$	(0.28	)
Diluted (loss) earnings per common share	$	(0.42	)	$	(0.13	)	$	0.27	$	(0.28	)
Anti-dilutive potential shares excluded from diluted (loss) earnings per common share:
Series A convertible preferred stock (1)		9			115			62		115
Employee stock options and awards		24			38			1		38
Total		33			153			63		153