MyFinsight
Home
Blog
About
Corning_Incorporated_Logo-svg
CORNING INC NY (GLW)
Corning_Incorporated_Logo-svg
CORNING INC NY (GLW)
Income Statement
|
Cash Flow
|
Balance Sheet
|
Ratios
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
Subscribe for Financial Insights
Page 1
Annual
123
Page 1
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, 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
Page 1
Unit: Million (M) dollars (except for numbers of shares and EPS).
Page 1
Buy us a coffee
Time Plot
Show the time plot by selecting a row from the table.
Balance Sheets
Inventories (note 5)
$3,077M
(12.96%↑ Y/Y)
Trade accounts
receivable, net of doubtful...
$2,779M
(35.36%↑ Y/Y)
Other current assets
(note 9)
$1,554M
(7.39%↑ Y/Y)
Cash and cash
equivalents
$1,526M
(-13.69%↓ Y/Y)
Property, plant and
equipment, net of...
$14,825M
(10.97%↑ Y/Y)
Total current assets
$8,936M
(11.81%↑ Y/Y)
Other assets (note 9)
$2,554M
(19.40%↑ Y/Y)
Goodwill (note 7)
$2,489M
(5.33%↑ Y/Y)
Deferred income taxes
(note 15)
$1,515M
(34.07%↑ Y/Y)
Other intangible
assets, net (note 7)
$657M
(-12.63%↓ Y/Y)
Total assets
$30,976M
(11.69%↑ Y/Y)
Total liabilities and
equity
$30,976M
(11.69%↑ Y/Y)
Total liabilities
$18,669M
(12.03%↑ Y/Y)
Total equity
$12,307M
(11.17%↑ Y/Y)
Long-term debt (note 10)
$7,630M
(10.82%↑ Y/Y)
Total current
liabilities
$5,628M
(14.41%↑ Y/Y)
Other liabilities
(notes 9 and 12)
$5,097M
(12.64%↑ Y/Y)
Postretirement benefits other
than pensions (note...
$314M
(-6.55%↓ Y/Y)
Total corning
incorporated shareholders...
$11,807M
(10.49%↑ Y/Y)
Non-controlling interest
$500M
(30.21%↑ Y/Y)
Treasury stock, at cost
shares held 992 million...
$21,143M
Accumulated other
comprehensive loss
-$2,105M
(17.22%↑ Y/Y)
Other accrued
liabilities (notes 9 and 12)
$2,845M
(-8.84%↓ Y/Y)
Accounts payable
$1,979M
(34.44%↑ Y/Y)
Current portion of
long-term debt and...
$804M
(146.63%↑ Y/Y)
Additional paid-in capital
common stock
$17,580M
(1.83%↑ Y/Y)
Retained earnings
$16,551M
(3.92%↑ Y/Y)
Common stock par value
0.50 per share shares...
$924M
(0.33%↑ Y/Y)
Buy us a coffee