CORNING INCGLW
Market cap
$73.2B
P/E ratio
| Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - | 1,386 | 648 | 592 |
| Depreciation | 846 | 942 | 978 | 971 | 1,167 | 1,130 | 1,131 | 1,083 | 1,199 | 1,390 | 1,399 | 1,352 | 1,329 | 1,247 | 1,229 |
| Amortization of Intangible Assets | 8 | 15 | 19 | 31 | 33 | 54 | 64 | 75 | 94 | 113 | 121 | 129 | 123 | 122 | 121 |
| Loss on disposal of assets, net | - | - | - | - | - | - | - | - | - | -118 | -138 | -57 | -189 | -155 | -143 |
| Share-based compensation expense | 92 | 86 | 70 | 54 | 58 | 46 | 42 | - | - | 56 | 207 | 190 | 175 | 218 | 273 |
| Translation gain on Japanese yen-denominated debt | - | - | - | - | - | - | - | - | - | - | - | 180 | 191 | 100 | 104 |
| Deferred tax benefit | 68 | 115 | 68 | 189 | 612 | 54 | -308 | 1,796 | -38 | -191 | -20 | 16 | -46 | -75 | -33 |
| Translated earnings contract gain | - | - | - | - | - | - | - | - | - | 248 | -38 | 354 | 351 | 161 | 83 |
| Release of cumulative translation losses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145 |
| Tax deposit refund | - | - | - | - | - | - | - | - | - | - | - | - | - | 99 | - |
| Trade accounts receivable | -162 | 84 | 272 | 29 | 16 | -162 | 106 | 225 | 154 | -48 | 274 | 54 | -113 | -50 | 717 |
| Inventories | -160 | 201 | 23 | 247 | -2 | 77 | 68 | 170 | 346 | 298 | -423 | 103 | 522 | -157 | 171 |
| Other current assets | - | 20 | 81 | -34 | 16 | 57 | -18 | 172 | 20 | 300 | 25 | 224 | 139 | 80 | 107 |
| Accounts payable and other current liabilities | 192 | -27 | 189 | -23 | -3 | -146 | 243 | 169 | 358 | 36 | 57 | 806 | 349 | -238 | 470 |
| Customer deposits and government incentives | - | - | - | - | - | - | - | - | - | - | - | 97 | 110 | -42 | -6 |
| Deferred income | - | - | - | - | - | - | - | - | - | - | - | -116 | -49 | -5 | -27 |
| Other, net | 100 | -98 | 70 | -46 | -169 | -180 | -121 | -223 | -61 | -5 | -127 | 97 | -20 | 142 | -214 |
| Net cash provided by operating activities | - | - | - | - | - | - | - | 2,004 | 2,919 | 2,031 | 2,180 | 3,412 | 2,615 | 2,005 | 1,939 |
| Capital expenditures | - | - | - | - | - | - | - | - | - | - | 1,377 | 1,637 | 1,604 | 1,390 | 965 |
| Proceeds from sale of equipment to related party | - | - | - | - | - | - | - | - | - | - | - | - | - | 67 | - |
| Proceeds from sale of business | - | - | - | - | - | 12 | - | 14 | - | - | 37 | 103 | 76 | - | - |
| Proceeds from sale of assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 80 |
| Realized gains on translated earnings contracts and other | - | - | - | 87 | 361 | 653 | 201 | 270 | 108 | 66 | 12 | 67 | 300 | 326 | 279 |
| Premiums paid on hedging contracts | - | - | - | - | - | - | - | - | - | - | - | - | 75 | 9 | 98 |
| Other, net | -7 | - | -8 | -9 | -4 | 1 | -10 | 48 | 39 | 48 | -14 | 53 | 14 | -23 | 40 |
| Net cash used in investing activities | -1,769 | -2,056 | -2,628 | -1,004 | -962 | -685 | 3,662 | -1,710 | -2,887 | -1,891 | -1,310 | -1,419 | -1,355 | -1,000 | -744 |
| Repayments of debt | - | - | - | - | - | - | - | - | - | - | - | - | - | 284 | 267 |
| Proceeds from issuance of debt | - | - | - | - | - | - | - | - | - | - | - | - | - | 82 | 153 |
| Proceeds from issuance of euro bonds | 689 | 120 | 1,362 | 248 | - | - | - | - | - | - | - | - | - | 918 | - |
| Proceeds from cross currency swap | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 134 |
| Payment for redemption of preferred stock | - | - | - | - | - | - | - | - | - | - | - | 507 | 507 | 507 | - |
| Payments of employee withholding tax on stock awards | - | - | - | - | - | - | - | 16 | 14 | - | - | 61 | 47 | 106 | 81 |
| Proceeds from Stock Options Exercised | 55 | 90 | 38 | 85 | 116 | 102 | 138 | 309 | 81 | 58 | 124 | 97 | 40 | 42 | 76 |
| Purchases of common stock for treasury | - | 780 | 720 | 1,516 | 2,483 | 3,228 | 4,227 | 2,452 | 2,227 | 940 | 105 | 274 | 221 | - | 165 |
| Dividends paid | - | - | - | - | 591 | 679 | 645 | 651 | 685 | 742 | 787 | 871 | 932 | 989 | 986 |
| Other, net | - | - | 2 | - | - | - | - | - | -6 | 46 | 17 | 2 | -22 | -39 | -28 |
| Net cash used in financing activities | -2 | -980 | -115 | -2,063 | -2,586 | -2,603 | -5,306 | -1,624 | -1,995 | -47 | -729 | -2,452 | -1,649 | -883 | -1,164 |
| Effect of exchange rates on cash | - | - | - | - | - | - | - | - | - | -14 | 97 | -65 | -88 | -14 | -42 |
| Net (decrease) increase in cash and cash equivalents | - | - | - | - | - | - | - | - | - | 79 | 238 | -524 | -477 | 108 | -11 |