Stock Analysis on Net

Corning Inc. (NYSE:GLW)

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

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Corning Inc., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income 648 1,386 1,935 523 979
Foreign currency translation adjustments and other (230) (779) (604) 528 (143)
Net unrealized gains (losses) on investments 1
Unamortized gains (losses) and prior service (costs) credits for postretirement benefit plans (24) 154 178 (88) (64)
Realized and unrealized gains (losses) on derivatives 36 (30) (9) (9) 45
Other comprehensive income (loss), net of tax (218) (655) (435) 431 (161)
Comprehensive income 430 731 1,500 954 818
Comprehensive income attributable to non-controlling interest (67) (70) (29) (11) (19)
Comprehensive income attributable to Corning Incorporated 363 661 1,471 943 799

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Comprehensive income item Description The company
Net income attributable to Corning Incorporated The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Corning Inc. net income attributable to Corning Incorporated decreased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income attributable to Corning Incorporated Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Corning Inc. comprehensive income attributable to Corning Incorporated decreased from 2021 to 2022 and from 2022 to 2023.