For the year ending 2025-12-31, GLW had -$202M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,742 | 592 | 648 | 1,386 |
| Depreciation | 1,237 | 1,229 | 1,247 | 1,329 |
| Amortization of purchased intangibles | 110 | 121 | 122 | 123 |
| Loss on disposal of assets, net | -27 | -143 | -155 | -189 |
| Severance charges (reversals) | - | - | 187 | 70 |
| Severance payments | - | - | 96 | 11 |
| Share-based compensation expense | 286 | 273 | 218 | 175 |
| Translation loss (gain) on foreign denominated debt, net | -52 | 104 | 100 | 191 |
| Deferred tax benefit | -355 | -33 | -75 | -46 |
| Translated earnings contract gain, net | 150 | 83 | 161 | 351 |
| Pension contributions | 68 | - | - | 0 |
| Unrealized translation loss on transactions | - | - | -61 | -68 |
| Release of cumulative translation losses | 0 | 145 | - | - |
| (gain) loss on investment | - | - | - | 8 |
| Tax deposit refund | 0 | 0 | 99 | - |
| Trade accounts receivable | 749 | 717 | -50 | -113 |
| Inventories | 243 | 171 | -157 | 522 |
| Other current assets | 262 | 107 | 80 | 139 |
| Accounts payable and other current liabilities | 584 | 470 | -238 | 349 |
| Customer deposits and government incentives | 268 | -6 | -42 | 110 |
| Deferred income | -58 | -27 | -5 | -49 |
| Other, net | -274 | -214 | 142 | -20 |
| Net cash provided by operating activities | 2,695 | 1,939 | 2,005 | 2,615 |
| Capital expenditures | 1,282 | 965 | 1,390 | 1,604 |
| Proceeds from sale or disposal of assets | - | - | - | 0 |
| Proceeds from sale of equipment to related party | - | 0 | 67 | - |
| Proceeds from sale of equipment to related party-Related Party | 0 | - | - | - |
| Proceeds from sale of business | - | 0 | 0 | 76 |
| Investments in unconsolidated entities | 134 | - | - | - |
| Investments in and proceeds from unconsolidated entities, net | - | - | -17 | -38 |
| Proceeds from sale of assets | - | 80 | - | - |
| Proceeds from sale of equipment to related party-Nonrelated Party | 11 | - | - | - |
| Realized gains on translated earnings contracts and other | 304 | 279 | 326 | 300 |
| Premiums paid on hedging contracts | 122 | 98 | 9 | 75 |
| Other, net | 20 | 40 | -23 | 14 |
| Net cash used in investing activities | -1,243 | -744 | -1,000 | -1,355 |
| Repayments of debt | 298 | 267 | 284 | - |
| Proceeds from issuance of debt | 294 | 153 | 82 | - |
| Repayments of short-term borrowings | - | - | - | 87 |
| Proceeds from issuance of euro bonds | 0 | 0 | 918 | - |
| Repayments of long-term debt | - | - | - | 0 |
| Repayment of acquisition related debt | 75 | - | - | - |
| Proceeds from issuance of short-term debt | - | - | - | 70 |
| Proceeds from other financing arrangements | - | - | 54 | - |
| Proceeds from cross currency swap | 24 | 134 | - | - |
| Proceeds from issuance of long-term debt | - | - | - | 57 |
| Repayment of other financing arrangements | - | - | 54 | - |
| Principal payments on finance leases | 346 | - | - | - |
| Payment for redemption of preferred stock | 0 | 0 | 507 | 507 |
| Payments of employee withholding tax on stock awards | 98 | 81 | 106 | 47 |
| Proceeds from exercise of stock options | 41 | 76 | 42 | 40 |
| Purchases of common stock for treasury | 163 | 165 | 0 | 221 |
| Dividends paid | 999 | 986 | 989 | 932 |
| Other, net | -52 | -28 | -39 | -22 |
| Net cash used in financing activities | -1,672 | -1,164 | -883 | -1,649 |
| Effect of exchange rates on cash | 18 | -42 | -14 | -88 |
| Net (decrease) increase in cash and cash equivalents and restricted cash | -202 | -11 | 108 | -477 |
| Cash and cash equivalents at beginning of period | 1,768 | 1,779 | 1,671 | 2,148 |
| Cash and cash equivalents at end of period | 1,566 | 1,768 | 1,779 | 1,671 |
CORNING INC NY (GLW)
CORNING INC NY (GLW)