Corning Inc

Common Name

Corning

Country

United States

Sector

Technology

Industry

Electronic Components

Employees

56,300

Ticker

GLW

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.corning.com

Description

Corning Inc. is a leading manufacturer specializing in specialty glass, ceramics, and related materials. With a legacy dating back to 1851, Corning's primary function is to innovate and produce materi... Show more

Financial Statements of Corning

Below are the financial statements of Corning, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in billions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	1.77^a	1.78^a
Trade accounts receivable, net	2.05^a	1.57^a
Inventories	2.72^a	2.67^a
Other current assets	1.45^a	1.2^a
Total current assets	7.99^a	7.21^a
Assets	—	—
Property, plant and equipment, net of accumulated depreciation	13.36^a	14.63^a
Goodwill	2.36^a	2.38^a
Other intangible assets, net	0.75^a	0.91^a
Deferred income taxes	1.13^a	1.15^a
Other assets	2.14^a	2.22^a
Total assets	27.74^a	28.5^a
Current liabilities	—	—
Current portion of long-term debt and short-term borrowings	0.33^a	0.32^a
Accounts payable	1.47^a	1.47^a
Other accrued liabilities	3.12^a	2.53^a
Total current liabilities	4.92^a	4.32^a
Liabilities and equity	—	—
Long-term debt	6.89^a	7.21^a
Postretirement benefits other than pensions	0.34^a	0.4^a
Other liabilities	4.53^a	4.71^a
Total liabilities	16.67^a	16.63^a
Shareholders' equity	—	—
Common stock	0.92^a	0.92^a
Additional paid-in capital - common stock	17.26^a	16.93^a
Retained earnings	15.93^a	16.39^a
Treasury stock, at cost	-20.88^a	-20.64^a
Accumulated other comprehensive loss	-2.54^a	-2.05^a
Total Corning Incorporated shareholders' equity	10.69^a	11.55^a
Non-controlling interest	0.38^a	0.32^a
Total equity	11.07^a	11.87^a
Total liabilities and equity	27.74^a	28.5^a

Verified Sources Behind Corning’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Corning’s data sources below and access millions more through our Disclosure Search.

a. Corning's 10-K 2024

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Corning Inc

Financial Statements of Corning

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