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Note 20 - Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		Display Technologies				Optical Communications				Specialty Materials				Environmental Technologies				Life Sciences				All Other				Total

For the year ended December 31, 2021
Segment net sales		$	3,700			$	4,349			$	2,008			$	1,586			$	1,234			$	1,243			$	14,120
Depreciation ⁽¹⁾		$	605			$	224			$	161			$	139			$	52			$	134			$	1,315
Research, development and engineering expenses ⁽²⁾		$	110			$	216			$	208			$	111			$	33			$	160			$	838
Income tax (provision) benefit ⁽³⁾		$	(249	)		$	(152	)		$	(99	)		$	(72	)		$	(51	)		$	11			$	(612	)
Net income (loss) ⁽⁴⁾		$	960			$	553			$	371			$	269			$	194			$	(51	)		$	2,296
Investment in affiliated companies, at equity		$	109			$	3			$	6							$	4			$	142			$	264
Segment assets ⁽⁵⁾		$	8,498			$	3,183			$	2,308			$	2,150			$	791			$	2,024			$	18,954
Capital expenditures		$	710			$	301			$	183			$	228			$	128			$	149			$	1,699

For the year ended December 31, 2020
Segment net sales		$	3,172			$	3,563			$	1,884			$	1,370			$	998			$	465			$	11,452
Depreciation ⁽¹⁾		$	548			$	242			$	162			$	132			$	50			$	81			$	1,215
Research, development and engineering expenses ⁽²⁾		$	99			$	204			$	155			$	100			$	26			$	170			$	754
Income tax (provision) benefit ⁽³⁾		$	(190	)		$	(101	)		$	(113	)		$	(52	)		$	(37	)		$	58			$	(435	)
Net income (loss) ⁽⁴⁾		$	717			$	366			$	423			$	197			$	139			$	(214	)		$	1,628
Investment in affiliated companies, at equity		$	107			$	3			$	4							$	2			$	142			$	258
Segment assets ⁽⁵⁾		$	8,777			$	2,868			$	2,551			$	1,986			$	683			$	2,157			$	19,022
Capital expenditures		$	311			$	127			$	125			$	159			$	83			$	123			$	928

For the year ended December 31, 2019
Segment net sales		$	3,254			$	4,064			$	1,594			$	1,499			$	1,015			$	230			$	11,656
Depreciation ⁽¹⁾		$	583			$	237			$	145			$	128			$	49			$	50			$	1,192
Research, development and engineering expenses ⁽²⁾		$	119			$	218			$	154			$	118			$	21			$	237			$	867
Income tax (provision) benefit ⁽³⁾		$	(206	)		$	(134	)		$	(81	)		$	(70	)		$	(40	)		$	80			$	(451	)
Net income (loss) ⁽⁴⁾		$	786			$	489			$	302			$	263			$	150			$	(289	)		$	1,701
Investment in affiliated companies, at equity		$	145			$	3			$	3							$	3			$	137			$	291
Segment assets ⁽⁵⁾		$	9,022			$	3,004			$	2,433			$	1,912			$	627			$	1,028			$	18,026
Capital expenditures		$	872			$	329			$	176			$	287			$	80			$	155			$	1,899

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

		Year ended December 31,
		*2021*				2020				2019
Net sales of reportable segments and All Other		$	14,120			$	11,452			$	11,656
Impact of foreign currency movements ⁽¹⁾			(38	)			(44	)			(153	)
Cumulative adjustment related to customer contract ⁽²⁾							(105	)
Consolidated net sales		$	14,082			$	11,303			$	11,503

Reconciliation of Net Income (Loss) from Segments to Consolidated [Table Text Block]

		Year ended December 31,
		*2021*				2020				2019
Net income of reportable segments		$	2,347			$	1,842			$	1,990
Net loss of All Other ⁽¹⁾			(51	)			(214	)			(289	)
Unallocated amounts:
Impact of foreign currency movements not included in segment net loss			(87	)			(22	)			(115	)
Gain (loss) on foreign currency hedges related to translated earnings			354				(46	)			245
Translation gain (loss) on Japanese yen-denominated debt			180				(86	)			(3	)
Litigation, regulatory and other legal matters			(16	)			(144	)			17
Research, development, and engineering expense ⁽²⁾⁽³⁾			(149	)			(153	)			(134	)
Transaction-related gain, net ⁽⁴⁾							498
Equity in earnings (losses) of affiliated companies ⁽⁵⁾			5				(24	)			15
Amortization of intangibles			(129	)			(121	)			(113	)
Interest expense, net			(265	)			(261	)			(200	)
Income tax benefit			120				324				195
Pension mark-to-market			(32	)			(31	)			(95	)
Cumulative adjustment related to customer contract ⁽⁶⁾							(105	)
Severance charges ⁽³⁾			13				(148	)			(63	)
Asset impairment ⁽³⁾							(217	)
Capacity realignment and other charges and credits ⁽³⁾			(123	)			(462	)			(376	)
Bond redemption loss ⁽⁷⁾			(31	)			(22	)
(Loss) gain on investment ⁽⁸⁾			(23	)			107
Gain on sale of business			54
Other corporate items			(261	)			(203	)			(114	)
Net income		$	1,906			$	512			$	960

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

		December 31,
		*2021*				2020				2019
Total assets of reportable segments		$	16,930			$	16,865			$	16,998
Total assets of All Other			2,024				2,157				1,028
Unallocated amounts:
Current assets ⁽¹⁾			3,163				3,434				3,301
Investments ⁽²⁾			54				177				43
Property, plant and equipment, net ⁽³⁾			1,620				1,548				1,764
Other non-current assets ⁽⁴⁾			6,363				6,594				5,764
Total assets		$	30,154			$	30,775			$	28,898

Revenue from External Customers by Products and Services [Table Text Block]

		Year ended December 31,
Revenue from external customers		*2021*				2020				2019

Display Technologies		$	3,700			$	3,172			$	3,254

Optical Communications
Carrier network			3,200				2,612				2,885
Enterprise network			1,149				951				1,179
Total Optical Communications			4,349				3,563				4,064

Specialty Materials
Corning® Gorilla® Glass			1,403				1,420				1,180
Advanced optics and other specialty glass			605				464				414
Total Specialty Materials			2,008				1,884				1,594

Environmental Technologies
Automotive and other			936				883				907
Diesel			650				487				592
Total Environmental Technologies			1,586				1,370				1,499

Life Sciences
Labware			671				552				550
Cell culture products			563				446				465
Total Life Science			1,234				998				1,015

All Other
Polycrystalline Silicon			892				194
Other			351				271				230
Total All Other			1,243				465				230

Net sales of reportable segments and All Other			14,120				11,452				11,656
Impact of foreign currency movements ⁽¹⁾			(38	)			(44	)			(153	)
Cumulative adjustment related to customer contract ⁽²⁾							(105	)
Consolidated net sales		$	14,082			$	11,303			$	11,503

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

		*2021*								2020								2019
		*Net sales (1)(3)*				*Long-lived assets (2)(3)*				Net sales (1)(3)				Long-lived assets (2)(3)				Net sales (1)				Long-lived assets (2)

North America:
United States		$	4,539			$	8,600			$	3,412			$	8,718			$	3,760			$	7,654
Canada			472				114				274				121				277				126
Mexico			93				289				75				239				55				267
Total North America			5,104				9,003				3,761				9,078				4,092				8,047

Asia Pacific:
Japan			780				496				505				583				441				893
Taiwan			983				1,923				887				2,247				880				2,280
China			4,495				4,966				3,734				4,469				3,096				3,816
Korea			640				3,479				748				3,597				1,051				3,625
Other			459				84				340				83				401				86
Total Asia Pacific			7,357				10,948				6,214				10,979				5,869				10,700

Europe:
Germany			462				500				378				579				435				546
Other			925				910				838				931				886				914
Total Europe			1,387				1,410				1,216				1,510				1,321				1,460

All Other			272				68				261				83				374				71
Total		$	14,120			$	21,429			$	11,452			$	21,650			$	11,656			$	20,278