Stock Analysis on Net

This company has been moved to the archive! The financial data has not been updated since May 2, 2024.

Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Corning Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Current portion of long-term debt and short-term borrowings 318 320 297 187 197 224 208 121 120 55 50 353 154 156 256 12 12 11 305 455 7
Accounts payable 1,476 1,466 1,459 1,519 1,662 1,804 1,808 1,934 1,849 1,612 1,396 1,312 1,272 1,174 1,176 1,109 1,250 1,587 1,447 1,297 1,278
Other accrued liabilities 2,381 2,533 2,529 2,705 2,914 3,147 3,151 3,475 3,092 3,139 2,891 2,959 2,087 2,437 2,417 1,899 1,929 1,923 1,848 1,664 1,774
Current liabilities 4,175 4,319 4,285 4,411 4,773 5,175 5,167 5,530 5,061 4,806 4,337 4,624 3,513 3,767 3,849 3,020 3,191 3,521 3,600 3,416 3,059
Long-term debt, excluding current portion 7,050 7,206 7,210 7,437 6,654 6,687 6,525 6,677 6,839 6,989 7,019 7,025 7,650 7,816 7,822 7,797 7,815 7,729 6,225 6,080 6,018
Postretirement benefits other than pensions 399 398 406 407 405 407 585 588 620 622 729 723 733 727 667 668 671 671 646 648 659
Other liabilities 4,435 4,709 4,633 4,680 4,783 4,955 4,910 4,941 5,108 5,192 5,266 5,292 4,689 5,017 5,072 3,928 3,895 3,980 3,724 3,910 3,879
Non-current liabilities 11,884 12,313 12,249 12,524 11,842 12,049 12,020 12,206 12,567 12,803 13,014 13,040 13,072 13,560 13,561 12,393 12,381 12,380 10,595 10,638 10,556
Total liabilities 16,059 16,632 16,534 16,935 16,615 17,224 17,187 17,736 17,628 17,609 17,351 17,664 16,585 17,327 17,410 15,413 15,572 15,901 14,195 14,054 13,615
Convertible preferred stock, Series A, par value $100 per share 2,300 2,300 2,300 2,300 2,300 2,300 2,300 2,300 2,300
Common stock, par value $0.50 per share 917 916 915 915 911 910 910 910 908 907 907 907 864 863 861 860 859 859 859 858 857
Additional paid-in capital, common stock 16,998 16,929 16,877 16,817 16,746 16,682 16,649 16,590 16,531 16,475 16,398 16,352 14,722 14,642 14,494 14,398 14,340 14,323 14,295 14,277 14,243
Retained earnings 16,358 16,391 16,673 16,509 16,713 16,778 17,044 16,837 16,737 16,389 16,110 15,739 16,509 16,120 16,065 15,847 16,114 16,408 16,555 16,399 16,489
Treasury stock, at cost (20,672) (20,637) (20,633) (20,630) (20,548) (20,532) (20,528) (20,509) (20,419) (20,263) (20,011) (19,986) (19,934) (19,928) (19,926) (19,924) (19,918) (19,812) (19,588) (19,279) (19,116)
Accumulated other comprehensive loss (2,375) (2,048) (2,402) (2,199) (1,897) (1,830) (2,791) (2,094) (1,362) (1,175) (1,259) (1,052) (1,092) (740) (1,134) (1,432) (1,497) (1,171) (1,387) (1,130) (1,166)
Total Corning Incorporated shareholders’ equity 11,226 11,551 11,430 11,412 11,925 12,008 11,284 11,734 12,395 12,333 12,145 11,960 13,369 13,257 12,660 12,049 12,198 12,907 13,034 13,425 13,607
Non-controlling interest 333 317 314 298 282 267 264 248 234 212 210 182 189 191 197 84 89 90 100 96 99
Total equity 11,559 11,868 11,744 11,710 12,207 12,275 11,548 11,982 12,629 12,545 12,355 12,142 13,558 13,448 12,857 12,133 12,287 12,997 13,134 13,521 13,706
Total liabilities and equity 27,618 28,500 28,278 28,645 28,822 29,499 28,735 29,718 30,257 30,154 29,706 29,806 30,143 30,775 30,267 27,546 27,859 28,898 27,329 27,575 27,321

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Corning Inc. current liabilities increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Corning Inc. non-current liabilities increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Corning Inc. total liabilities increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.
Total Corning Incorporated shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Corning Inc. total Corning Incorporated shareholders’ equity increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.