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 | 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 |
CORNING INC NY (GLW)
CORNING INC NY (GLW)