Corning inc /ny (GLW)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
Current assets:
Cash and cash equivalents

2,025

2,434

971

1,178

1,456

2,355

1,903

2,023

3,096

4,317

3,865

4,189

4,844

5,291

4,821

7,144

3,540

4,500

4,440

4,968

4,304

5,309

5,353

5,118

4,968

4,704

4,560

4,601

4,797

4,988

4,952

5,008

5,490

4,661

4,901

4,609

4,570

4,598

3,302

3,214

3,075

2,541

1,962

2,234

1,873

Short-term investments, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

28

-

0

0

-

100

573

505

763

759

751

768

644

531

886

870

978

1,156

1,399

1,337

1,346

1,164

1,520

1,748

1,733

1,752

1,727

1,045

798

1,042

968

841

943

Total cash, cash equivalents and short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,013

5,473

5,067

6,068

6,104

5,886

5,612

5,235

5,446

5,471

5,775

6,144

6,351

6,345

6,836

5,825

6,421

6,357

6,303

6,350

5,029

4,259

3,873

3,583

2,930

3,075

2,816

Trade accounts receivable, net of doubtful accounts and allowances - $44 and $41

1,708

1,836

2,024

2,103

1,974

1,940

1,973

1,842

1,747

1,807

1,748

1,640

1,583

1,481

1,645

1,544

1,388

1,372

1,479

1,545

1,487

1,501

1,601

1,645

1,588

1,253

1,392

1,296

1,243

1,302

1,248

1,157

1,108

1,082

1,189

1,252

1,107

973

854

938

860

753

835

790

512

Inventories, net of inventory reserves - $208 and $201 (Note 7)

2,347

2,320

2,337

2,291

2,190

2,037

1,921

1,896

1,834

1,712

1,693

1,616

1,544

1,471

1,516

1,501

1,453

1,385

1,374

1,385

1,331

1,322

1,327

1,380

1,395

1,270

1,275

1,240

1,171

1,051

1,003

999

955

975

939

917

841

738

712

607

604

579

618

647

798

Deferred income taxes (Note 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

315

291

262

248

156

349

321

278

309

282

399

579

490

441

423

448

356

439

433

431

455

366

392

235

126

128

158

Other current assets

866

873

824

739

729

702

835

723

986

991

948

986

719

805

497

558

797

912

1,072

1,174

1,091

1,099

825

604

697

855

706

764

681

619

424

436

479

347

359

364

353

367

313

290

323

371

338

388

335

Total current assets

6,946

7,463

6,156

6,311

6,349

7,034

6,632

6,484

7,663

8,827

8,254

8,431

8,718

9,048

8,479

10,747

7,178

8,269

9,253

9,868

9,238

10,238

10,013

9,864

9,613

8,891

9,128

9,053

9,269

9,695

9,516

9,378

9,801

8,677

9,264

9,329

9,037

8,859

7,363

6,460

6,052

5,521

4,847

5,028

4,619

Investments

320

334

339

344

346

376

322

339

345

340

352

348

337

336

352

346

2,072

1,975

1,826

1,844

1,764

1,801

2,002

2,013

1,976

5,537

5,160

4,809

4,726

4,915

5,172

4,870

4,554

4,726

4,890

5,029

4,569

4,372

5,194

4,434

4,296

3,992

3,818

3,168

3,056

Property, plant and equipment, net of accumulated depreciation - $13,187 and $12,995

14,932

15,337

15,083

15,137

14,878

14,895

14,345

14,201

14,416

14,017

13,344

13,060

12,969

12,546

13,293

13,048

12,823

12,648

12,549

12,669

12,708

12,766

13,033

13,523

13,344

9,801

9,977

9,954

10,171

10,625

11,036

10,751

10,373

10,671

10,266

9,755

9,235

8,943

8,526

8,047

7,847

7,995

8,180

7,885

8,199

Goodwill, net

1,918

1,935

1,924

1,938

1,930

1,936

1,930

1,918

1,698

1,694

1,684

1,608

1,619

1,577

1,569

1,569

1,399

1,380

1,330

1,343

1,343

1,150

-

-

-

1,002

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other intangible assets, net

1,149

1,185

1,206

1,240

1,265

1,292

1,309

1,332

851

869

891

842

825

796

797

804

703

706

678

700

702

497

-

-

-

540

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes (Note 5)

1,181

1,157

1,109

1,053

1,051

951

831

859

909

813

2,641

2,651

2,705

2,325

3,110

2,952

2,428

2,056

1,711

1,808

1,883

1,889

1,944

2,084

2,180

2,234

2,403

2,453

2,507

2,343

2,501

2,565

2,580

2,652

2,715

2,679

2,760

2,790

2,792

2,811

2,733

2,982

3,075

3,080

2,932

Goodwill and other intangible assets, net (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,653

1,682

1,665

-

1,551

1,559

1,485

1,496

912

916

922

926

881

883

885

716

668

669

674

676

680

299

305

Other assets

1,413

1,487

1,512

1,552

1,502

1,021

1,023

1,007

952

934

928

890

1,132

1,271

1,209

1,187

1,342

1,493

1,551

1,656

1,685

1,722

1,170

666

766

473

495

561

437

301

273

274

259

196

157

150

174

153

127

120

125

129

147

144

145

Total Assets

27,859

28,898

27,329

27,575

27,321

27,505

26,392

26,140

26,834

27,494

28,094

27,830

28,305

27,899

28,809

30,653

27,945

28,527

28,898

29,888

29,323

30,063

29,815

29,832

29,544

28,478

28,714

28,389

28,595

29,375

29,410

28,754

28,489

27,848

28,173

27,825

26,660

25,833

24,670

22,541

21,727

21,295

20,747

19,604

19,256

Current liabilities:
Current portion of long-term debt and short-term borrowings

12

11

305

455

7

4

252

252

380

379

631

631

257

256

7

279

527

572

101

102

106

36

455

450

468

21

23

72

74

76

130

29

27

27

27

26

26

57

25

24

23

74

75

80

78

Accounts payable

1,250

1,587

1,447

1,297

1,278

1,456

1,092

1,111

1,164

1,439

1,179

1,096

1,015

1,079

933

938

836

934

909

930

872

997

716

777

732

771

640

721

762

779

901

929

847

977

938

1,052

949

798

720

519

459

550

470

502

846

Other accrued liabilities (Note 3 and Note 9)

1,929

1,923

1,848

1,664

1,774

1,851

1,768

1,545

1,451

1,391

1,255

1,081

1,149

1,416

1,354

1,231

1,201

1,308

956

990

917

1,291

967

950

846

954

915

804

959

1,101

956

934

907

1,093

1,044

1,005

919

1,131

949

914

796

915

975

949

1,128

Total current liabilities

3,191

3,521

3,600

3,416

3,059

3,311

3,112

2,908

2,995

3,209

3,065

2,808

2,421

2,751

2,294

2,448

2,564

2,814

1,966

2,022

1,895

2,324

2,138

2,177

2,046

1,746

1,578

1,597

1,795

1,956

1,987

1,892

1,781

2,097

2,009

2,083

1,894

1,986

1,694

1,457

1,278

1,539

1,520

1,531

2,052

Long-term debt

7,800

7,700

6,200

6,080

6,018

5,994

5,056

5,099

4,808

4,749

3,994

3,302

3,669

3,646

3,916

3,918

3,910

3,890

3,915

3,910

3,165

3,227

3,228

3,238

3,224

3,272

2,816

2,822

2,855

3,382

3,272

3,229

3,135

2,364

2,282

2,248

2,245

2,262

2,390

1,927

1,919

1,930

1,945

1,938

1,527

Postretirement benefits other than pensions

671

671

646

648

659

662

701

702

746

749

712

712

735

737

708

710

717

718

782

781

810

814

757

751

766

766

917

916

933

930

901

900

900

897

891

886

915

913

829

828

866

858

768

766

784

Other liabilities (Note 3 and Note 9)

3,895

3,980

3,724

3,910

3,879

3,652

3,545

3,480

3,797

3,017

2,940

2,928

3,101

2,805

4,104

3,905

2,767

2,242

2,165

2,120

2,081

2,046

1,842

1,834

1,789

1,483

1,605

1,600

1,622

1,574

1,364

1,331

1,306

1,361

1,300

1,302

1,251

1,246

1,290

1,287

1,311

1,373

1,496

1,517

1,402

Total liabilities

15,572

15,901

14,195

14,054

13,615

13,619

12,414

12,189

12,346

11,724

10,711

9,750

9,926

9,939

11,022

10,981

9,958

9,664

8,828

8,833

7,951

8,411

7,965

8,000

7,825

7,267

6,916

6,935

7,205

7,842

7,524

7,352

7,122

6,719

6,482

6,519

6,305

6,407

6,203

5,499

5,374

5,700

5,729

5,752

5,765

Commitments, contingencies and guarantees (Note 3)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

Shareholders’ equity (Note 12):
Convertible preferred stock, Series A – Par value $100 per share; Shares authorized 3,100; Shares issued: 2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

2,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1,719 million and 1,718 million

859

859

859

858

857

857

856

855

854

854

853

852

850

846

844

842

841

840

840

840

840

836

836

835

833

831

829

828

826

825

824

823

822

818

818

817

817

813

812

812

811

808

807

807

804

Additional paid-in capital – common stock

14,340

14,323

14,295

14,277

14,243

14,212

14,201

14,158

14,119

14,089

14,013

13,962

13,888

13,695

13,340

13,668

13,638

13,352

13,590

13,578

13,552

13,456

13,336

13,305

13,072

13,066

13,215

13,206

13,167

13,146

13,118

13,096

13,077

13,041

13,014

12,989

12,954

12,865

12,833

12,802

12,759

12,707

12,658

12,619

12,502

Retained earnings

16,114

16,408

16,555

16,399

16,489

16,303

16,186

15,731

15,166

15,930

17,533

17,303

17,030

16,880

15,460

15,331

13,290

13,832

13,769

13,727

13,405

13,021

12,339

11,478

11,465

11,320

11,017

10,754

10,262

9,932

10,438

10,029

9,679

9,332

8,958

8,227

7,550

6,881

5,916

5,208

4,374

3,636

2,974

2,409

1,940

Treasury stock, at cost; Shares held: 960 million and 956 million

19,918

19,812

19,588

19,279

19,116

18,870

18,517

18,132

17,449

16,633

16,236

15,204

14,564

14,152

13,508

11,566

10,747

9,725

8,699

7,871

7,243

6,727

6,543

6,340

5,950

4,099

3,237

3,022

2,779

2,773

2,646

2,458

2,121

2,024

1,243

1,242

1,240

1,227

1,226

1,224

1,223

1,207

1,206

1,204

1,160

Accumulated other comprehensive loss

-1,497

-1,171

-1,387

-1,130

-1,166

-1,010

-1,136

-1,035

-577

-842

-1,146

-1,201

-1,196

-1,676

-715

-966

-1,404

-1,811

-1,803

-1,591

-1,556

-1,307

-489

185

-70

44

-75

-388

-132

356

105

-136

-140

-89

93

464

223

43

81

-606

-419

-401

-266

-828

-643

Total Corning Incorporated shareholders’ equity

12,198

12,907

13,034

13,425

13,607

13,792

13,890

13,877

14,413

15,698

17,317

18,012

18,308

17,893

17,721

19,609

17,918

18,788

19,997

20,983

21,298

21,579

21,779

21,763

21,650

21,162

21,749

21,378

21,344

21,486

21,839

21,354

21,317

21,078

21,640

21,255

20,304

19,375

18,416

16,992

16,302

15,543

14,967

13,803

13,443

Noncontrolling interests

89

90

100

96

99

94

88

74

75

72

66

68

71

67

66

63

69

75

73

72

74

73

71

69

69

49

49

76

46

47

47

48

50

51

51

51

51

51

51

50

51

52

51

49

48

Total equity

12,287

12,997

13,134

13,521

13,706

13,886

13,978

13,951

14,488

15,770

17,383

18,080

18,379

17,960

17,787

19,672

17,987

18,863

20,070

21,055

21,372

21,652

21,850

21,832

21,719

21,211

21,798

21,454

21,390

21,533

21,886

21,402

21,367

21,129

21,691

21,306

20,355

19,426

18,467

17,042

16,353

15,595

15,018

13,852

13,491

Total Liabilities and Equity

27,859

28,898

27,329

27,575

27,321

27,505

26,392

26,140

26,834

27,494

28,094

27,830

28,305

27,899

28,809

30,653

27,945

28,527

28,898

29,888

29,323

30,063

29,815

29,832

29,544

28,478

28,714

28,389

28,595

29,375

29,410

28,754

28,489

27,848

28,173

27,825

26,660

25,833

24,670

22,541

21,727

21,295

20,747

19,604

19,256