Selected Financial Data
since 2005
Income Statement
Corning Inc., selected items from income statement, long-term trends
US$ in millions
| 12 months ended: | Net sales | Operating income | Net income (loss) attributable to Corning Incorporated |
|---|---|---|---|
| Dec 31, 2023 | 12,588) | 890) | 581) |
| Dec 31, 2022 | 14,189) | 1,438) | 1,316) |
| Dec 31, 2021 | 14,082) | 2,112) | 1,906) |
| Dec 31, 2020 | 11,303) | 509) | 512) |
| Dec 31, 2019 | 11,503) | 1,306) | 960) |
| Dec 31, 2018 | 11,290) | 1,575) | 1,066) |
| Dec 31, 2017 | 10,116) | 1,630) | (497) |
| Dec 31, 2016 | 9,390) | 1,391) | 3,695) |
| Dec 31, 2015 | 9,111) | 1,322) | 1,339) |
| Dec 31, 2014 | 9,715) | 1,931) | 2,472) |
| Dec 31, 2013 | 7,819) | 1,371) | 1,961) |
| Dec 31, 2012 | 8,012) | 1,321) | 1,728) |
| Dec 31, 2011 | 7,890) | 1,694) | 2,805) |
| Dec 31, 2010 | 6,632) | 1,801) | 3,558) |
| Dec 31, 2009 | 5,395) | 391) | 2,008) |
| Dec 31, 2008 | 5,948) | 1,520) | 5,257) |
| Dec 31, 2007 | 5,860) | 1,081) | 2,150) |
| Dec 31, 2006 | 5,174) | 846) | 1,855) |
| Dec 31, 2005 | 4,579) | 592) | 585) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Balance Sheet: Assets
Corning Inc., selected items from assets, long-term trends
US$ in millions
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2023 | 7,212) | 28,500) |
| Dec 31, 2022 | 7,453) | 29,499) |
| Dec 31, 2021 | 7,659) | 30,154) |
| Dec 31, 2020 | 8,004) | 30,775) |
| Dec 31, 2019 | 7,463) | 28,898) |
| Dec 31, 2018 | 7,034) | 27,505) |
| Dec 31, 2017 | 8,827) | 27,494) |
| Dec 31, 2016 | 9,048) | 27,899) |
| Dec 31, 2015 | 8,269) | 28,547) |
| Dec 31, 2014 | 10,238) | 30,063) |
| Dec 31, 2013 | 8,891) | 28,478) |
| Dec 31, 2012 | 9,695) | 29,375) |
| Dec 31, 2011 | 8,677) | 27,848) |
| Dec 31, 2010 | 8,859) | 25,833) |
| Dec 31, 2009 | 5,521) | 21,295) |
| Dec 31, 2008 | 4,619) | 19,256) |
| Dec 31, 2007 | 5,294) | 15,215) |
| Dec 31, 2006 | 4,798) | 13,065) |
| Dec 31, 2005 | 3,860) | 11,207) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Balance Sheet: Liabilities and Stockholders’ Equity
Corning Inc., selected items from liabilities and stockholders’ equity, long-term trends
US$ in millions
| Current liabilities | Total liabilities | Long-term debt and short-term borrowings | Total Corning Incorporated shareholders’ equity | |
|---|---|---|---|---|
| Dec 31, 2023 | 4,319) | 16,632) | 7,526) | 11,551) |
| Dec 31, 2022 | 5,175) | 17,224) | 6,911) | 12,008) |
| Dec 31, 2021 | 4,806) | 17,609) | 7,044) | 12,333) |
| Dec 31, 2020 | 3,767) | 17,327) | 7,972) | 13,257) |
| Dec 31, 2019 | 3,521) | 15,901) | 7,740) | 12,907) |
| Dec 31, 2018 | 3,311) | 13,619) | 5,998) | 13,792) |
| Dec 31, 2017 | 3,209) | 11,724) | 5,128) | 15,698) |
| Dec 31, 2016 | 2,751) | 9,939) | 3,902) | 17,893) |
| Dec 31, 2015 | 2,814) | 9,684) | 4,482) | 18,788) |
| Dec 31, 2014 | 2,324) | 8,411) | 3,263) | 21,579) |
| Dec 31, 2013 | 1,746) | 7,267) | 3,293) | 21,162) |
| Dec 31, 2012 | 1,956) | 7,842) | 3,458) | 21,486) |
| Dec 31, 2011 | 2,097) | 6,719) | 2,391) | 21,078) |
| Dec 31, 2010 | 1,986) | 6,407) | 2,319) | 19,375) |
| Dec 31, 2009 | 1,539) | 5,700) | 2,004) | 15,543) |
| Dec 31, 2008 | 2,052) | 5,765) | 1,605) | 13,443) |
| Dec 31, 2007 | 2,512) | 5,673) | 1,537) | 9,496) |
| Dec 31, 2006 | 2,319) | 5,774) | 1,716) | 7,246) |
| Dec 31, 2005 | 2,370) | 5,677) | 1,807) | 5,487) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Cash Flow Statement
Corning Inc., selected items from cash flow statement, long-term trends
US$ in millions
| 12 months ended: | Net cash provided by operating activities | Net cash (used in) provided by investing activities | Net cash provided by (used in) financing activities |
|---|---|---|---|
| Dec 31, 2023 | 2,005) | (1,000) | (883) |
| Dec 31, 2022 | 2,615) | (1,355) | (1,649) |
| Dec 31, 2021 | 3,412) | (1,419) | (2,452) |
| Dec 31, 2020 | 2,180) | (1,310) | (729) |
| Dec 31, 2019 | 2,031) | (1,891) | (47) |
| Dec 31, 2018 | 2,919) | (2,887) | (1,995) |
| Dec 31, 2017 | 2,004) | (1,710) | (1,624) |
| Dec 31, 2016 | 2,521) | 3,662) | (5,306) |
| Dec 31, 2015 | 2,809) | (685) | (2,603) |
| Dec 31, 2014 | 4,709) | (962) | (2,586) |
| Dec 31, 2013 | 2,787) | (1,004) | (2,063) |
| Dec 31, 2012 | 3,206) | (2,628) | (115) |
| Dec 31, 2011 | 3,189) | (2,056) | (980) |
| Dec 31, 2010 | 3,835) | (1,769) | (2) |
| Dec 31, 2009 | 2,077) | (1,370) | (15) |
| Dec 31, 2008 | 2,128) | (1,699) | (798) |
| Dec 31, 2007 | 2,077) | (561) | (539) |
| Dec 31, 2006 | 1,803) | (2,181) | 180) |
| Dec 31, 2005 | 1,939) | (1,712) | 147) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Per Share Data
Corning Inc., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2023 | 0.69 | 0.68 | 1.12 |
| Dec 31, 2022 | 1.56 | 1.54 | 1.08 |
| Dec 31, 2021 | 1.30 | 1.28 | 0.96 |
| Dec 31, 2020 | 0.54 | 0.54 | 0.88 |
| Dec 31, 2019 | 1.11 | 1.07 | 0.80 |
| Dec 31, 2018 | 1.19 | 1.13 | 0.72 |
| Dec 31, 2017 | -0.66 | -0.66 | 0.62 |
| Dec 31, 2016 | 3.53 | 3.23 | 0.54 |
| Dec 31, 2015 | 1.02 | 1.00 | 0.36 |
| Dec 31, 2014 | 1.82 | 1.73 | 0.52 |
| Dec 31, 2013 | 1.35 | 1.34 | 0.39 |
| Dec 31, 2012 | 1.16 | 1.15 | 0.32 |
| Dec 31, 2011 | 1.80 | 1.77 | 0.23 |
| Dec 31, 2010 | 2.28 | 2.25 | 0.20 |
| Dec 31, 2009 | 1.30 | 1.28 | 0.20 |
| Dec 31, 2008 | 3.37 | 3.32 | 0.20 |
| Dec 31, 2007 | 1.37 | 1.34 | 0.10 |
| Dec 31, 2006 | 1.20 | 1.16 | 0.00 |
| Dec 31, 2005 | 0.40 | 0.38 | 0.00 |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.