Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 2,320	$ 2,672
Trade accounts receivable, net of doubtful accounts - $42 and $46	2,057	2,133
Inventories, net (Note 7)	2,387	2,438
Other current assets	884	761
Total current assets	7,648	8,004
Property, plant and equipment, net of accumulated depreciation - $13,657 and $13,663	15,455	15,742
Goodwill, net	2,433	2,460
Other intangible assets, net	1,228	1,308
Deferred income taxes (Note 5)	1,051	1,121
Other assets	1,991	2,140
Total Assets	29,806	30,775
Current liabilities:
Current portion of long-term debt and short-term borrowings (Note 9)	353	156
Accounts payable	1,312	1,174
Other accrued liabilities (Note 8 and Note 11)	2,959	2,437
Total current liabilities	4,624	3,767
Long-term debt (Note 9)	7,025	7,816
Postretirement benefits other than pensions (Note 10)	723	727
Other liabilities (Note 8 and Note 11)	5,292	5,017
Total liabilities	17,664	17,327
Commitments and contingencies (Note 11)
Shareholders’ equity (Note 14):
Convertible preferred stock, Series A – Par value $100 per share; Shares authorized 0 and 3,100; Shares issued: 0 and 2,300		2,300
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.7 billion	907	863
Additional paid-in capital – common stock	16,352	14,642
Retained earnings	15,739	16,120
Treasury stock, at cost; Shares held: 962 million and 961 million	(19,986)	(19,928)
Accumulated other comprehensive loss	(1,052)	(740)
Total Corning Incorporated shareholders’ equity	11,960	13,257
Non-controlling interests	182	191
Total equity	12,142	13,448
Total Liabilities and Equity	$ 29,806	$ 30,775