Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,630	$ 2,148
Trade accounts receivable, net of doubtful accounts - $39 and $42	1,620	2,004
Inventories, net (Note 6)	2,951	2,481
Other current assets	1,603	1,026
Total current assets	7,804	7,659
Property, plant and equipment, net of accumulated depreciation - $13,348 and $13,969	14,645	15,804
Goodwill, net	2,368	2,421
Other intangible assets, net	1,049	1,148
Deferred income taxes (Note 4)	998	1,066
Other assets	1,871	2,056
Total Assets	28,735	30,154
Current liabilities:
Current portion of long-term debt and short-term borrowings (Note 8)	208	55
Accounts payable	1,808	1,612
Other accrued liabilities (Note 7 and Note 10)	3,151	3,139
Total current liabilities	5,167	4,806
Long-term debt (Note 8)	6,525	6,989
Postretirement benefits other than pensions (Note 9)	585	622
Other liabilities (Note 7 and Note 10)	4,910	5,192
Total liabilities	17,187	17,609
Commitments and contingencies (Note 10)
Shareholders’ equity (Note 13):
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.8 billion	910	907
Additional paid-in capital – common stock	16,649	16,475
Retained earnings	17,044	16,389
Treasury stock, at cost; Shares held: 977 million and 970 million	(20,528)	(20,263)
Accumulated other comprehensive loss	(2,791)	(1,175)
Total Corning Incorporated shareholders’ equity	11,284	12,333
Non-controlling interests	264	212
Total equity	11,548	12,545
Total Liabilities and Equity	$ 28,735	$ 30,154