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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net sales $ 13,118 $ 12,588 $ 14,189
Cost of sales 8,842 8,657 9,683
Gross margin 4,276 3,931 4,506
Operating expenses:      
Selling, general and administrative expenses 1,931 1,843 1,898
Research, development and engineering expenses 1,089 1,076 1,047
Amortization of purchased intangibles 121 122 123
Operating income 1,135 890 1,438
Interest income 47 38 15
Interest expense (329) (329) (292)
Translated earnings contract gain, net (Note 13) 83 161 351
Other (expense) income, net (123) 56 285
Income before income taxes 813 816 1,797
Provision for income taxes (Note 6) (221) (168) (411)
Net income 592 648 1,386
Net income attributable to non-controlling interest (86) (67) (70)
Net income attributable to Corning Incorporated $ 506 $ 581 $ 1,316
Earnings per common share available to common shareholders:      
Basic (Note 15) (in dollars per share) $ 0.59 $ 0.69 $ 1.56
Diluted (Note 15) (in dollars per share) $ 0.58 $ 0.68 $ 1.54