Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 2,212	$ 2,672
Trade accounts receivable, net of doubtful accounts - $43 and $46	2,114	2,133
Inventories, net (Note 7)	2,463	2,438
Other current assets	890	761
Total current assets	7,679	8,004
Property, plant and equipment, net of accumulated depreciation - $13,857 and $13,663	15,383	15,742
Goodwill, net	2,425	2,460
Other intangible assets, net	1,192	1,308
Deferred income taxes (Note 5)	1,062	1,121
Other assets	1,965	2,140
Total Assets	29,706	30,775
Current liabilities:
Current portion of long-term debt and short-term borrowings (Note 9)	50	156
Accounts payable	1,396	1,174
Other accrued liabilities (Note 8 and Note 11)	2,891	2,437
Total current liabilities	4,337	3,767
Long-term debt (Note 9)	7,019	7,816
Postretirement benefits other than pensions (Note 10)	729	727
Other liabilities (Note 8 and Note 11)	5,266	5,017
Total liabilities	17,351	17,327
Commitments and contingencies (Note 11)
Shareholders’ equity (Note 14):
Convertible preferred stock, Series A – Par value $100 per share; Shares authorized 10 million; 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	16,398	14,642
Retained earnings	16,110	16,120
Treasury stock, at cost; Shares held: 963 million and 961 million	(20,011)	(19,928)
Accumulated other comprehensive loss	(1,259)	(740)
Total Corning Incorporated shareholders’ equity	12,145	13,257
Non-controlling interests	210	191
Total equity	12,355	13,448
Total Liabilities and Equity	$ 29,706	$ 30,775