$GLW
CORNING INC /NY

2024 Q4 Form 10-Q Financial Statement

#000143774924032912 Filed on November 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $3.391B
YoY Change 6.87%
Cost Of Revenue $2.254B
YoY Change 3.92%
Gross Profit $1.137B
YoY Change 13.25%
Gross Profit Margin 33.53%
Selling, General & Admin $510.0M
YoY Change 8.97%
% of Gross Profit 44.85%
Research & Development $294.0M
YoY Change 8.89%
% of Gross Profit 25.86%
Depreciation & Amortization $341.0M
YoY Change 0.29%
% of Gross Profit 29.99%
Operating Expenses $835.0M
YoY Change 78.42%
Operating Profit $302.0M
YoY Change 27.97%
Interest Expense -$228.0M
YoY Change 338.46%
% of Operating Profit -75.5%
Other Income/Expense, Net -$166.0M
YoY Change -603.03%
Pretax Income -$92.00M
YoY Change -142.4%
Income Tax $3.000M
% Of Pretax Income
Net Earnings -$117.0M
YoY Change -171.34%
Net Earnings / Revenue -3.45%
Basic Earnings Per Share -$0.14
Diluted Earnings Per Share -$0.14
COMMON SHARES
Basic Shares Outstanding 856.2M 855.7M
Diluted Shares Outstanding 854.0M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.613B
YoY Change -1.59%
Cash & Equivalents $1.613B
Short-Term Investments
Other Short-Term Assets $1.284B
YoY Change 0.39%
Inventory $2.793B
Prepaid Expenses
Receivables $1.986B
Other Receivables $0.00
Total Short-Term Assets $7.676B
YoY Change 5.18%
LONG-TERM ASSETS
Property, Plant & Equipment $14.06B
YoY Change -2.42%
Goodwill $2.390B
YoY Change 0.76%
Intangibles $814.0M
YoY Change -13.22%
Long-Term Investments
YoY Change
Other Assets $3.383B
YoY Change 51.98%
Total Long-Term Assets $20.65B
YoY Change -1.59%
TOTAL ASSETS
Total Short-Term Assets $7.676B
Total Long-Term Assets $20.65B
Total Assets $28.32B
YoY Change 0.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.565B
YoY Change 7.27%
Accrued Expenses $2.737B
YoY Change 8.22%
Deferred Revenue $179.0M
YoY Change 10.49%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $335.0M
YoY Change 12.79%
Total Short-Term Liabilities $4.637B
YoY Change 8.21%
LONG-TERM LIABILITIES
Long-Term Debt $7.073B
YoY Change -1.9%
Other Long-Term Liabilities $5.145B
YoY Change 11.05%
Total Long-Term Liabilities $12.22B
YoY Change 163.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.637B
Total Long-Term Liabilities $12.22B
Total Liabilities $17.22B
YoY Change 4.14%
SHAREHOLDERS EQUITY
Retained Earnings $15.86B
YoY Change -4.88%
Common Stock $18.10B
YoY Change 1.71%
Preferred Stock
YoY Change
Treasury Stock (at cost) $20.85B
YoY Change
Treasury Stock Shares
Shareholders Equity $11.10B
YoY Change
Total Liabilities & Shareholders Equity $28.32B
YoY Change 0.16%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$117.0M
YoY Change -171.34%
Depreciation, Depletion And Amortization $341.0M
YoY Change 0.29%
Cash From Operating Activities $699.0M
YoY Change -3.19%
INVESTING ACTIVITIES
Capital Expenditures $217.0M
YoY Change -36.36%
Acquisitions
YoY Change
Other Investing Activities $18.00M
YoY Change -79.07%
Cash From Investing Activities -$199.0M
YoY Change -21.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -332.0M
YoY Change -6.74%
NET CHANGE
Cash From Operating Activities 699.0M
Cash From Investing Activities -199.0M
Cash From Financing Activities -332.0M
Net Change In Cash 168.0M
YoY Change 51.35%
FREE CASH FLOW
Cash From Operating Activities $699.0M
Capital Expenditures $217.0M
Free Cash Flow $482.0M
YoY Change 26.51%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
CORNING INC /NY
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NY
dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
dei Entity Central Index Key
EntityCentralIndexKey
0000024741
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
33000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
30000000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15140000000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14553000000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.5
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.5
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
3800000000
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
3800000000
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1800000000
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1800000000
CY2024Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
986000000
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
980000000
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.56
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.56
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1200000000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-3247
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
16-0393470
dei Entity Address Address Line1
EntityAddressAddressLine1
One Riverfront Plaza
dei Entity Address City Or Town
EntityAddressCityOrTown
Corning
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
14831
dei City Area Code
CityAreaCode
607
dei Local Phone Number
LocalPhoneNumber
974-9000
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
856208758
CY2024Q3 us-gaap Revenues
Revenues
3391000000 usd
CY2023Q3 us-gaap Revenues
Revenues
3173000000 usd
us-gaap Revenues
Revenues
9617000000 usd
us-gaap Revenues
Revenues
9594000000 usd
CY2024Q3 us-gaap Cost Of Revenue
CostOfRevenue
2254000000 usd
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
2169000000 usd
us-gaap Cost Of Revenue
CostOfRevenue
6538000000 usd
us-gaap Cost Of Revenue
CostOfRevenue
6574000000 usd
CY2024Q3 us-gaap Gross Profit
GrossProfit
1137000000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
1004000000 usd
us-gaap Gross Profit
GrossProfit
3079000000 usd
us-gaap Gross Profit
GrossProfit
3020000000 usd
CY2024Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
510000000 usd
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
468000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1432000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1329000000 usd
CY2024Q3 glw Research Development And Engineering Expenses
ResearchDevelopmentAndEngineeringExpenses
294000000 usd
CY2023Q3 glw Research Development And Engineering Expenses
ResearchDevelopmentAndEngineeringExpenses
270000000 usd
glw Research Development And Engineering Expenses
ResearchDevelopmentAndEngineeringExpenses
814000000 usd
glw Research Development And Engineering Expenses
ResearchDevelopmentAndEngineeringExpenses
787000000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31000000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
91000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
92000000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
302000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
236000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
742000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
812000000 usd
CY2024Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
12000000 usd
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
10000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
34000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
25000000 usd
CY2024Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
83000000 usd
CY2023Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
82000000 usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
250000000 usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
239000000 usd
CY2024Q3 glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
-157000000 usd
CY2023Q3 glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
20000000 usd
glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
-91000000 usd
glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
128000000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-166000000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
33000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-59000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
128000000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-92000000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
217000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
376000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
854000000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
124000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
178000000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-95000000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
182000000 usd
us-gaap Profit Loss
ProfitLoss
252000000 usd
us-gaap Profit Loss
ProfitLoss
676000000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
22000000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
18000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
56000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
55000000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-117000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
164000000 usd
us-gaap Net Income Loss
NetIncomeLoss
196000000 usd
us-gaap Net Income Loss
NetIncomeLoss
621000000 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-95000000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
182000000 usd
us-gaap Profit Loss
ProfitLoss
252000000 usd
us-gaap Profit Loss
ProfitLoss
676000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
625000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-191000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
73000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-593000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
7000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
1000000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-32000000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
9000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-34000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-11000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-65000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
30000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
584000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-203000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
40000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-572000000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
489000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-21000000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
292000000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
104000000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
22000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
18000000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
56000000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
55000000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
467000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-39000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
236000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
49000000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1613000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1779000000 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1986000000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1572000000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
2793000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
2666000000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
1284000000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1195000000 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
7676000000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
7212000000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14059000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14630000000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
2390000000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2380000000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
814000000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
905000000 usd
CY2024Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1211000000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1153000000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2172000000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2220000000 usd
CY2024Q3 us-gaap Assets
Assets
28322000000 usd
CY2023Q4 us-gaap Assets
Assets
28500000000 usd
CY2024Q3 us-gaap Debt Current
DebtCurrent
335000000 usd
CY2023Q4 us-gaap Debt Current
DebtCurrent
320000000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1565000000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1466000000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2737000000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2533000000 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4637000000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4319000000 usd
CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7073000000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7206000000 usd
CY2024Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
357000000 usd
CY2023Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
398000000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4788000000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4709000000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
16855000000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
16632000000 usd
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
920000000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
916000000 usd
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
17177000000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
16929000000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15859000000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
16391000000 usd
CY2024Q3 us-gaap Treasury Stock Value
TreasuryStockValue
20845000000 usd
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
20637000000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2008000000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2048000000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
11103000000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
11551000000 usd
CY2024Q3 us-gaap Minority Interest
MinorityInterest
364000000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
317000000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11467000000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11868000000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
28322000000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
28500000000 usd
us-gaap Profit Loss
ProfitLoss
252000000 usd
us-gaap Profit Loss
ProfitLoss
676000000 usd
us-gaap Depreciation
Depreciation
924000000 usd
us-gaap Depreciation
Depreciation
932000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
91000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
92000000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-135000000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-72000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
202000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
168000000 usd
glw Translation Gain Loss On Japanese Yen Denominated Debt
TranslationGainLossOnJapaneseYenDenominatedDebt
28000000 usd
glw Translation Gain Loss On Japanese Yen Denominated Debt
TranslationGainLossOnJapaneseYenDenominatedDebt
162000000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-51000000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
37000000 usd
glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
-91000000 usd
glw Translated Earnings Contract Gain Loss Net
TranslatedEarningsContractGainLossNet
128000000 usd
glw Release Of Cumulative Translation Losses
ReleaseOfCumulativeTranslationLosses
62000000 usd
glw Release Of Cumulative Translation Losses
ReleaseOfCumulativeTranslationLosses
usd
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
usd
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
99000000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
493000000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
137000000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
134000000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-131000000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
138000000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
58000000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
266000000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-264000000 usd
glw Increase Decrease In Customer Deposits And Incentives
IncreaseDecreaseInCustomerDepositsAndIncentives
48000000 usd
glw Increase Decrease In Customer Deposits And Incentives
IncreaseDecreaseInCustomerDepositsAndIncentives
-17000000 usd
glw Increase Decrease In Deferred Income
IncreaseDecreaseInDeferredIncome
23000000 usd
glw Increase Decrease In Deferred Income
IncreaseDecreaseInDeferredIncome
-11000000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-66000000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
138000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1316000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1292000000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
711000000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1111000000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
67000000 usd
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
239000000 usd
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
270000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
65000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-537000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-770000000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
254000000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
180000000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
153000000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
80000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
918000000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
54000000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
54000000 usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
507000000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
76000000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
103000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
57000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
39000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
135000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
737000000 usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
741000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-20000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-26000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-944000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-520000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-34000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-166000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-32000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1779000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1671000000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1613000000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1639000000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11868000000 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
225000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-328000000 usd
CY2024Q1 glw Shares Issued To Benefit Plans And For Option Exercises
SharesIssuedToBenefitPlansAndForOptionExercises
70000000 usd
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
242000000 usd
CY2024Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
34000000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11559000000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
122000000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-217000000 usd
CY2024Q2 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
103000000 usd
CY2024Q2 glw Shares Issued To Benefit Plans And For Option Exercises
SharesIssuedToBenefitPlansAndForOptionExercises
85000000 usd
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
486000000 usd
CY2024Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
33000000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10927000000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-95000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
585000000 usd
CY2024Q3 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
30000000 usd
CY2024Q3 glw Shares Issued To Benefit Plans And For Option Exercises
SharesIssuedToBenefitPlansAndForOptionExercises
97000000 usd
CY2024Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
17000000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11467000000 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
CY2023Q2 us-gaap Profit Loss
ProfitLoss
303000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-303000000 usd
CY2023Q2 glw Shares Issued To Benefit Plans And For Option Exercises
SharesIssuedToBenefitPlansAndForOptionExercises
75000000 usd
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
485000000 usd
CY2023Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
87000000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11710000000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
182000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-204000000 usd
CY2023Q3 glw Shares Issued To Benefit Plans And For Option Exercises
SharesIssuedToBenefitPlansAndForOptionExercises
60000000 usd
CY2023Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
4000000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11744000000 usd
CY2024Q3 us-gaap Severance Costs1
SeveranceCosts1
43000000 usd
CY2023Q3 us-gaap Severance Costs1
SeveranceCosts1
13000000 usd
us-gaap Severance Costs1
SeveranceCosts1
46000000 usd
us-gaap Severance Costs1
SeveranceCosts1
91000000 usd
CY2024Q3 glw Capacity Realignment
CapacityRealignment
16000000 usd
CY2023Q3 glw Capacity Realignment
CapacityRealignment
49000000 usd
glw Capacity Realignment
CapacityRealignment
133000000 usd
glw Capacity Realignment
CapacityRealignment
92000000 usd
CY2024Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
75000000 usd
CY2023Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
10000000 usd
us-gaap Other Restructuring Costs
OtherRestructuringCosts
84000000 usd
us-gaap Other Restructuring Costs
OtherRestructuringCosts
92000000 usd
CY2024Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
134000000 usd
CY2023Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
72000000 usd
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
263000000 usd
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
275000000 usd
CY2024Q3 us-gaap Revenues
Revenues
3391000000 usd
CY2023Q3 us-gaap Revenues
Revenues
3173000000 usd
us-gaap Revenues
Revenues
9617000000 usd
us-gaap Revenues
Revenues
9594000000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1200000000 usd
CY2024Q3 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
36000000 usd
CY2023Q3 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
6000000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
127000000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
88000000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
124000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
178000000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.033 pure
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.161 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.33 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.208 pure
CY2024Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023Q2 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
-99000000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-117000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
164000000 usd
us-gaap Net Income Loss
NetIncomeLoss
196000000 usd
us-gaap Net Income Loss
NetIncomeLoss
621000000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
854000000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
850000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
853000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
848000000
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
9000000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
15000000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
10000000
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
854000000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
859000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
868000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
858000000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1354000000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1242000000 usd
CY2024Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
566000000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
551000000 usd
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
457000000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
445000000 usd
CY2024Q3 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
416000000 usd
CY2023Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
428000000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
2793000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
2666000000 usd
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
712000000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
609000000 usd
CY2024Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
80000000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
69000000 usd
CY2024Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
102000000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
66000000 usd
CY2024Q3 us-gaap Deferred Income Current
DeferredIncomeCurrent
205000000 usd
CY2023Q4 us-gaap Deferred Income Current
DeferredIncomeCurrent
181000000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
179000000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
148000000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
93000000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
112000000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1366000000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1348000000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2737000000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2533000000 usd
CY2024Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
719000000 usd
CY2023Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
721000000 usd
CY2024Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
136000000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
31000000 usd
CY2024Q3 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
678000000 usd
CY2023Q4 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
679000000 usd
CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1009000000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1083000000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
204000000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
218000000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
840000000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
846000000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1202000000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1131000000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4788000000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4709000000 usd
CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7100000000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7200000000 usd
CY2024Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
11986000000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
706000000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
238000000 usd
CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
7271000000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
631000000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
97000000 usd
CY2024Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
446000000 usd
CY2024Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
102000000 usd
CY2023Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
501000000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
66000000 usd
CY2024Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
260000000 usd
CY2024Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
136000000 usd
CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
130000000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
31000000 usd
CY2024Q3 us-gaap Derivative Assets
DerivativeAssets
706000000 usd
CY2024Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
238000000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
631000000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
97000000 usd
CY2024Q3 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
41000000 usd
CY2023Q4 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
-54000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-68000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
28000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-59000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
102000000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
76000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
202000000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
57000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
168000000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7499000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.82
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2519000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.64
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
6000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
20.16
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4974000
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.43
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y5M1D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
103085000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4974000
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
24.43
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y5M1D
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
103085000 usd
CY2024Q3 us-gaap Revenues
Revenues
3391000000 usd
CY2023Q3 us-gaap Revenues
Revenues
3173000000 usd
us-gaap Revenues
Revenues
9617000000 usd
us-gaap Revenues
Revenues
9594000000 usd

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
glw-20240930_cal.xml Edgar Link unprocessable
0001437749-24-032912-index-headers.html Edgar Link pending
0001437749-24-032912-index.html Edgar Link pending
0001437749-24-032912.txt Edgar Link pending
0001437749-24-032912-xbrl.zip Edgar Link pending
ex_708016.htm Edgar Link pending
ex_708017.htm Edgar Link pending
ex_708018.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
glw-20240930.xsd Edgar Link pending
glw20240930_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
glw-20240930_lab.xml Edgar Link unprocessable
glw-20240930_pre.xml Edgar Link unprocessable
glw20240930_10q_htm.xml Edgar Link completed
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
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
R62.htm Edgar Link pending
R63.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-20240930_def.xml Edgar Link unprocessable