$GLW
CORNING INC /NY

2023 Q2 Form 10-Q Financial Statement

#000143774923011533 Filed on April 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q4
Revenue $3.243B $3.178B $3.406B
YoY Change -10.29% -13.64% -7.34%
Cost Of Revenue $2.230B $2.175B $2.491B
YoY Change -5.87% -9.26% 3.58%
Gross Profit $1.013B $1.003B $915.0M
YoY Change -18.7% -21.82% -28.01%
Gross Profit Margin 31.24% 31.56% 26.86%
Selling, General & Admin $440.0M $421.0M $517.0M
YoY Change -9.47% -3.0% 8.61%
% of Gross Profit 43.44% 41.97% 56.5%
Research & Development $263.0M $254.0M $281.0M
YoY Change 9.58% 2.42% 0.36%
% of Gross Profit 25.96% 25.32% 30.71%
Depreciation & Amortization $343.0M $310.0M $346.0M
YoY Change -8.53% -9.36% -8.71%
% of Gross Profit 33.86% 30.91% 37.81%
Operating Expenses $734.0M $421.0M $829.0M
YoY Change 51.03% -3.0% 5.2%
Operating Profit $279.0M $297.0M $86.00M
YoY Change -43.06% -47.89% -82.19%
Interest Expense $43.00M -$77.00M $24.00M
YoY Change -66.14% -226.23% -7.69%
% of Operating Profit 15.41% -25.93% 27.91%
Other Income/Expense, Net $87.00M $8.000M -$106.0M
YoY Change -34.59% -93.85% -258.21%
Pretax Income $409.0M $228.0M $4.000M
YoY Change -45.47% -70.04% -99.31%
Income Tax $106.0M $37.00M $31.00M
% Of Pretax Income 25.92% 16.23% 775.0%
Net Earnings $281.0M $176.0M -$36.00M
YoY Change -50.09% -69.71% -107.39%
Net Earnings / Revenue 8.66% 5.54% -1.06%
Basic Earnings Per Share $0.33 $0.21
Diluted Earnings Per Share $0.33 $0.20 -$42.70K
COMMON SHARES
Basic Shares Outstanding 850.1M 846.6M 845.8M
Diluted Shares Outstanding 859.0M 859.0M

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.538B $1.146B $1.671B
YoY Change -5.59% -43.15% -22.21%
Cash & Equivalents $1.538B $1.146B $1.671B
Short-Term Investments
Other Short-Term Assets $1.324B $1.180B $1.157B
YoY Change -18.92% -10.4% 12.77%
Inventory $2.757B $2.863B $2.904B
Prepaid Expenses
Receivables $1.674B $1.688B $1.664B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.293B $6.877B $7.396B
YoY Change -7.48% -12.52% -3.43%
LONG-TERM ASSETS
Property, Plant & Equipment $14.68B $15.14B $15.37B
YoY Change -4.36% -4.07% -2.74%
Goodwill $2.382B $2.394B $2.394B
YoY Change -0.29% -0.58% -1.12%
Intangibles $972.0M $1.002B $1.029B
YoY Change -10.66% -10.38% -10.37%
Long-Term Investments $261.0M
YoY Change -1.14%
Other Assets $3.317B $2.306B $3.252B
YoY Change 63.72% 11.94% 58.17%
Total Long-Term Assets $21.35B $21.95B $22.05B
YoY Change -2.21% -2.01% -2.0%
TOTAL ASSETS
Total Short-Term Assets $7.293B $6.877B $7.396B
Total Long-Term Assets $21.35B $21.95B $22.05B
Total Assets $28.65B $28.82B $29.44B
YoY Change -3.61% -4.74% -2.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.519B $1.662B $1.804B
YoY Change -21.46% -10.11% 11.91%
Accrued Expenses $563.0M $2.914B $3.090B
YoY Change -83.8% -5.76% -1.56%
Deferred Revenue $151.0M $165.0M $132.0M
YoY Change -20.53% -30.08% -40.81%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $187.0M $197.0M $224.0M
YoY Change 54.55% 64.17% 307.27%
Total Short-Term Liabilities $4.411B $4.773B $5.118B
YoY Change -20.24% -5.69% 6.49%
LONG-TERM LIABILITIES
Long-Term Debt $7.437B $6.654B $6.687B
YoY Change 11.38% -2.71% -4.32%
Other Long-Term Liabilities $4.870B $4.783B $5.362B
YoY Change -1.44% -6.36% 3.27%
Total Long-Term Liabilities $12.31B $4.783B $12.05B
YoY Change 149.08% -6.36% 132.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.411B $4.773B $5.118B
Total Long-Term Liabilities $12.31B $4.783B $12.05B
Total Liabilities $17.23B $16.62B $17.43B
YoY Change -2.84% -5.75% -0.99%
SHAREHOLDERS EQUITY
Retained Earnings $16.51B $16.71B $16.78B
YoY Change -1.95% -0.14% 2.37%
Common Stock $17.73B $17.66B $17.59B
YoY Change 1.33% 1.25% 1.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $20.53B
YoY Change 1.33%
Treasury Stock Shares $977.0M
Shareholders Equity $11.41B $11.93B $12.01B
YoY Change
Total Liabilities & Shareholders Equity $28.65B $28.82B $29.44B
YoY Change -3.61% -4.74% -2.36%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income $281.0M $176.0M -$36.00M
YoY Change -50.09% -69.71% -107.39%
Depreciation, Depletion And Amortization $343.0M $310.0M $346.0M
YoY Change -8.53% -9.36% -8.71%
Cash From Operating Activities $619.0M -$49.00M $617.0M
YoY Change -18.34% -109.18% -39.69%
INVESTING ACTIVITIES
Capital Expenditures $388.0M $382.0M -$403.0M
YoY Change -209.92% -199.74% -35.31%
Acquisitions
YoY Change
Other Investing Activities $101.0M -$6.000M $17.00M
YoY Change 57.81% -166.67% 142.86%
Cash From Investing Activities -$287.0M -$228.0M -$386.0M
YoY Change -0.69% -17.99% -37.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 84.00M -$248.0M -219.0M
YoY Change -110.46% -33.87% -52.6%
NET CHANGE
Cash From Operating Activities 619.0M -$49.00M 617.0M
Cash From Investing Activities -287.0M -$228.0M -386.0M
Cash From Financing Activities 84.00M -$248.0M -219.0M
Net Change In Cash 416.0M -$525.0M 12.00M
YoY Change -224.55% 297.73% -121.82%
FREE CASH FLOW
Cash From Operating Activities $619.0M -$49.00M $617.0M
Capital Expenditures $388.0M $382.0M -$403.0M
Free Cash Flow $231.0M -$431.0M $1.020B
YoY Change -79.21% -147.0% -38.03%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
581000000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
CY2023Q1 us-gaap Profit Loss
ProfitLoss
191000000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
603000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-84000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-200000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
4000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
1000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
21000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
14000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-67000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-187000000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
124000000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
416000000 usd
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
27000000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
40000000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14239000000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14147000000 usd
CY2023Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.50
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.50
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
3800000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
3800000000
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1800000000
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1800000000
CY2023Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
977000000
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
977000000
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.27
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6700000000 usd
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
1-3247
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NY
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
15000000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
22000000 usd
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
16-0393470
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
One Riverfront Plaza
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Corning
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
14831
CY2023Q1 dei City Area Code
CityAreaCode
607
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
974-9000
CY2023Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.50 par value per share
CY2023Q1 dei Trading Symbol
TradingSymbol
GLW
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
850130495
CY2023Q1 us-gaap Revenues
Revenues
3178000000 usd
CY2022Q1 us-gaap Revenues
Revenues
3680000000 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
2175000000 usd
CY2022Q1 us-gaap Cost Of Revenue
CostOfRevenue
2397000000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
1003000000 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
1283000000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
421000000 usd
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
434000000 usd
CY2023Q1 glw Research Development And Engineering Expenses
ResearchDevelopmentAndEngineeringExpenses
254000000 usd
CY2022Q1 glw Research Development And Engineering Expenses
ResearchDevelopmentAndEngineeringExpenses
248000000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31000000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31000000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
297000000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
570000000 usd
CY2023Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
7000000 usd
CY2022Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000 usd
CY2023Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
76000000 usd
CY2022Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
71000000 usd
CY2023Q1 glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
-8000000 usd
CY2022Q1 glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
129000000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8000000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
152000000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
228000000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
783000000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37000000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
180000000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
191000000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
603000000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
15000000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
22000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
176000000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
109000000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
394000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1146000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1671000000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1688000000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1721000000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
2863000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
2904000000 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
1180000000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1157000000 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
6877000000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
7453000000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15137000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15371000000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
2394000000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
2394000000 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1002000000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1029000000 usd
CY2023Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1106000000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1073000000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2306000000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2179000000 usd
CY2023Q1 us-gaap Assets
Assets
28822000000 usd
CY2022Q4 us-gaap Assets
Assets
29499000000 usd
CY2023Q1 us-gaap Debt Current
DebtCurrent
197000000 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
224000000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1662000000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1804000000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2914000000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3147000000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
4773000000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5175000000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6654000000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6687000000 usd
CY2023Q1 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
405000000 usd
CY2022Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
407000000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4783000000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4955000000 usd
CY2023Q1 us-gaap Liabilities
Liabilities
16615000000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
17224000000 usd
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
911000000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
910000000 usd
CY2023Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
16746000000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
16682000000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
16713000000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
16778000000 usd
CY2023Q1 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
20548000000 usd
CY2022Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
20532000000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1897000000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1830000000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
11925000000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
12008000000 usd
CY2023Q1 us-gaap Minority Interest
MinorityInterest
282000000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
267000000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12207000000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12275000000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
28822000000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29499000000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
191000000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
603000000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
310000000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
342000000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31000000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31000000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
usd
CY2022Q1 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
53000000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
52000000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
42000000 usd
CY2023Q1 glw Gain Loss On Japanese Translation Of Yendenominated Debt
GainLossOnJapaneseTranslationOfYendenominatedDebt
18000000 usd
CY2022Q1 glw Gain Loss On Japanese Translation Of Yendenominated Debt
GainLossOnJapaneseTranslationOfYendenominatedDebt
84000000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-38000000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
24000000 usd
CY2023Q1 glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
-8000000 usd
CY2022Q1 glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
129000000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-33000000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-20000000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
28000000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7000000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-17000000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
159000000 usd
CY2023Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
62000000 usd
CY2022Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
81000000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-369000000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
77000000 usd
CY2023Q1 glw Increase Decrease In Customer Deposits And Incentives
IncreaseDecreaseInCustomerDepositsAndIncentives
-17000000 usd
CY2022Q1 glw Increase Decrease In Customer Deposits And Incentives
IncreaseDecreaseInCustomerDepositsAndIncentives
-9000000 usd
CY2023Q1 glw Increase Decrease In Deferred Income
IncreaseDecreaseInDeferredIncome
-6000000 usd
CY2022Q1 glw Increase Decrease In Deferred Income
IncreaseDecreaseInDeferredIncome
-25000000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
153000000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
72000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-49000000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
534000000 usd
CY2023Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
382000000 usd
CY2022Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
383000000 usd
CY2023Q1 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
usd
CY2022Q1 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
74000000 usd
CY2023Q1 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
81000000 usd
CY2022Q1 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
40000000 usd
CY2023Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-6000000 usd
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-228000000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-278000000 usd
CY2023Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
69000000 usd
CY2022Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
11000000 usd
CY2023Q1 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
54000000 usd
CY2022Q1 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
usd
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16000000 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18000000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
149000000 usd
CY2023Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
239000000 usd
CY2022Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
228000000 usd
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-10000000 usd
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-5000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-248000000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-375000000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-13000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-525000000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-132000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1671000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2148000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1146000000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2016000000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12275000000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
191000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-67000000 usd
CY2023Q1 glw Shares Issued To Benefit Plans And For Option Exercises
SharesIssuedToBenefitPlansAndForOptionExercises
65000000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
241000000 usd
CY2023Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
16000000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12207000000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12545000000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
603000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-187000000 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
151000000 usd
CY2022Q1 glw Shares Issued To Benefit Plans And For Option Exercises
SharesIssuedToBenefitPlansAndForOptionExercises
57000000 usd
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
233000000 usd
CY2022Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
5000000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12629000000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37000000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
180000000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.162 pure
CY2023Q1 us-gaap Revenues
Revenues
3178000000 usd
CY2022Q1 us-gaap Revenues
Revenues
3680000000 usd
CY2023Q1 glw Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
1200000000 usd
CY2022Q4 glw Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
1300000000 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
70000000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
83000000 usd
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.230 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
176000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
581000000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
844000000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
843000000
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
15000000
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
16000000
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
859000000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
859000000
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
CY2023Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1272000000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1315000000 usd
CY2023Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
607000000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
571000000 usd
CY2023Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
518000000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
537000000 usd
CY2023Q1 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
466000000 usd
CY2022Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
481000000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
2863000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
2904000000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
447000000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
727000000 usd
CY2023Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
157000000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
127000000 usd
CY2023Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
144000000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
174000000 usd
CY2023Q1 glw Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
170000000 usd
CY2022Q4 glw Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
144000000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
165000000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
132000000 usd
CY2023Q1 glw Share Repurchase Liability Current
ShareRepurchaseLiabilityCurrent
507000000 usd
CY2022Q4 glw Share Repurchase Liability Current
ShareRepurchaseLiabilityCurrent
506000000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
100000000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
111000000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1224000000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1226000000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2914000000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3147000000 usd
CY2023Q1 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
680000000 usd
CY2022Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
668000000 usd
CY2023Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
43000000 usd
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
17000000 usd
CY2023Q1 glw Contract With Customer Liability Deferred Revenue Noncurrent
ContractWithCustomerLiabilityDeferredRevenueNoncurrent
693000000 usd
CY2022Q4 glw Contract With Customer Liability Deferred Revenue Noncurrent
ContractWithCustomerLiabilityDeferredRevenueNoncurrent
725000000 usd
CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1038000000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1137000000 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
219000000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
243000000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
846000000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
795000000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1264000000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1370000000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4783000000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4955000000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6700000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
28000000 usd
CY2023Q1 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
29000000 usd
CY2023Q1 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
10059000000 usd
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
10193000000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
711000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
678000000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
187000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
191000000 usd
CY2023Q1 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
44000000 usd
CY2022Q4 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
19000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
32000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
34000000 usd
CY2023Q1 glw Other Current Assets Fair Value Disclosure
OtherCurrentAssetsFairValueDisclosure
503000000 usd
CY2022Q4 glw Other Current Assets Fair Value Disclosure
OtherCurrentAssetsFairValueDisclosure
505000000 usd
CY2023Q1 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
266000000 usd
CY2022Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
225000000 usd
CY2023Q1 us-gaap Accrued Liabilities Fair Value Disclosure
AccruedLiabilitiesFairValueDisclosure
144000000 usd
CY2022Q4 us-gaap Accrued Liabilities Fair Value Disclosure
AccruedLiabilitiesFairValueDisclosure
174000000 usd
CY2023Q1 us-gaap Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
60000000 usd
CY2022Q4 us-gaap Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
34000000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
52000000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
42000000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9665000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.92
CY2023Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
833000
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
19.68
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
32000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
19.65
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8800000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.24
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y8M19D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
105985000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
8794000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
23.24
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y8M19D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
105910000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
7079000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
24.11
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y4M13D
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
79091000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2023Q1 us-gaap Revenues
Revenues
3178000000 usd
CY2022Q1 us-gaap Revenues
Revenues
3680000000 usd

Files In Submission

Name View Source Status
0001437749-23-011533-index-headers.html Edgar Link pending
0001437749-23-011533-index.html Edgar Link pending
0001437749-23-011533.txt Edgar Link pending
0001437749-23-011533-xbrl.zip Edgar Link pending
ex_459692.htm Edgar Link pending
ex_459693.htm Edgar Link pending
ex_459694.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
glw-20230331.xsd Edgar Link pending
glw20230331_10q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
glw-20230331_lab.xml Edgar Link unprocessable
glw-20230331_pre.xml Edgar Link unprocessable
glw-20230331_def.xml Edgar Link unprocessable
glw20230331_10q_htm.xml Edgar Link completed
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
glw-20230331_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable