Earnings Per Common Share

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings Per Common Share

Basic earnings per common share are computed by dividing net income attributable to Corning Incorporated by the weighted-average number of common shares outstanding for the period. Diluted earnings per common share assumes the issuance of common shares for all potentially dilutive securities outstanding.

The following table presents the reconciliation of the amounts used to compute basic and diluted earnings per common share (in millions, except per share amounts):

	Year ended December 31,
	2024		2023		2022
Net income attributable to Corning Incorporated	$	506	$	581	$	1,316
Weighted-average common shares outstanding - basic	853		848		843
Effect of dilutive securities:
Stock options and other awards	16		11		14
Weighted-average common shares outstanding - diluted	869		859		857
Basic earnings per common share	$	0.59	$	0.69	$	1.56
Diluted earnings per common share	$	0.58	$	0.68	$	1.54
Anti-dilutive potential shares excluded from diluted earnings per common share:
Stock options and other awards	0		2		1
Total	0		2		1