GLW: the balance sheet

MyFinsight

For the year ending 2025-12-31, GLW has $30,976M in assets. $18,669M in debts. $1,526M in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
158.78%
Quick Ratio
104.10%
Cash Ratio
27.11%
Debt to Asset Ratio
60.27%
Unit: Million (M) dollars
Assets Breakdown
Inventories (note 5)
Trade accounts receivable, net o...
Other current assets (note 9)
Others
Liabilities Breakdown
Treasury stock, at cost shares h...
Additional paid-in capital comm...
Retained earnings
Others

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	1,526	1,768	1,779	1,671
Trade accounts receivable, net of doubtful accounts - 27 and 33	2,779	2,053	1,572	1,721
Inventories (note 5)	3,077	2,724	2,666	2,904
Other current assets (note 9)	1,554	1,447	1,195	1,157
Total current assets	8,936	7,992	7,212	7,453
Property, plant and equipment	-	-	29,183	-
Accumulated depreciation	-	-	14,553	-
Property, plant and equipment, net of accumulated depreciation - 15,229 and 14,492 (note 6)	14,825	13,359	14,630	15,371
Goodwill (note 7)	2,489	2,363	2,380	2,394
Other intangible assets, net (note 7)	657	752	905	1,029
Deferred income taxes (note 15)	1,515	1,130	1,153	1,073
Other assets (note 9)	2,554	2,139	2,220	2,179
Total assets	30,976	27,735	28,500	29,499

Current portion of long-term debt and short-term borrowings (note 10)	804	326	320	224
Accounts payable	1,979	1,472	1,466	1,804
Other accrued liabilities (notes 9 and 12)	2,845	3,121	2,533	3,147
Total current liabilities	5,628	4,919	4,319	5,175
Long-term debt (note 10)	7,630	6,885	7,206	6,687
Postretirement benefits other than pensions (note 11)	314	336	398	407
Other liabilities (notes 9 and 12)	5,097	4,525	4,709	4,955
Total liabilities	18,669	16,665	16,632	17,224
Common stock par value 0.50 per share shares authorized 3.8 billion shares issued 1.8 billion and 1.8 billion	924	921	916	910
Additional paid-in capital common stock	17,580	17,264	16,929	16,682
Retained earnings	16,551	15,926	16,391	16,778
Treasury stock, at cost shares held 987 million and 980 million	-	20,882	20,637	20,532
Treasury stock, at cost shares held 992 million and 987 million	21,143	-	-	-
Accumulated other comprehensive loss	-2,105	-2,543	-2,048	-1,830
Total corning incorporated shareholders equity	11,807	10,686	11,551	12,008
Non-controlling interest	500	384	317	267
Total equity	12,307	11,070	11,868	12,275
Total liabilities and equity	30,976	27,735	28,500	29,499

Unit: Million (M) dollars (except for numbers of shares and EPS).

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Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets