Corning Incorporated(NYSE:GLW) 
Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used...
Website: http://www.corning.com
Founded: 1851
Full Time Employees: 49,500
Sector: Technology
Industry: Electronic Components
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 4,144,000,000 | 4,215,000,000 | 4,100,000,000 | 3,862,000,000 | 3,452,000,000 | 3,501,000,000 | 3,391,000,000 | 3,251,000,000 | 2,975,000,000 | 2,994,000,000 | 3,173,000,000 | 3,243,000,000 | 3,178,000,000 | 3,406,000,000 | 3,488,000,000 | 3,615,000,000 | 3,680,000,000 | 3,676,000,000 | 3,615,000,000 | 3,501,000,000 | 3,290,000,000 | 3,350,000,000 | 3,001,000,000 | 2,561,000,000 | 2,391,000,000 | 2,817,000,000 | 2,934,000,000 | 2,940,000,000 | 2,812,000,000 | 3,035,000,000 | 3,008,000,000 | 2,747,000,000 | 2,500,000,000 | 2,637,000,000 | 2,607,000,000 | 2,497,000,000 | 2,375,000,000 | 2,476,000,000 | 2,507,000,000 | 2,360,000,000 | 2,047,000,000 | 2,231,000,000 | 2,272,000,000 | 2,343,000,000 | 2,265,000,000 | 2,404,000,000 | 2,540,000,000 | 2,482,000,000 | 2,289,000,000 | 1,465,750,000 | 2,067,000,000 | 1,982,000,000 | 1,814,000,000 | 2,146,000,000 | 2,038,000,000 | 1,908,000,000 | 1,920,000,000 | 1,887,000,000 | 2,075,000,000 | 2,005,000,000 | 1,923,000,000 | |
yoy | 20.05% | 20.39% | 20.91% | 18.79% | 16.03% | 16.93% | 6.87% | 0.25% | -6.39% | -12.10% | -9.03% | -10.29% | -13.64% | -7.34% | -3.51% | 3.26% | 11.85% | 9.73% | 20.46% | 36.70% | 37.60% | 18.92% | 2.28% | -12.89% | -14.97% | -7.18% | -2.46% | 7.03% | 12.48% | 15.09% | 15.38% | 10.01% | 5.26% | 6.50% | 3.99% | 5.81% | 16.02% | 10.98% | 10.34% | 0.73% | -9.62% | -7.20% | -10.55% | -5.60% | -1.05% | 64.01% | 22.88% | 25.23% | 26.19% | -31.70% | 1.42% | 3.88% | -5.52% | 13.73% | -1.78% | -4.84% | -0.16% | |||||
qoq | -1.68% | 2.80% | 6.16% | 11.88% | -1.40% | 3.24% | 4.31% | 9.28% | -0.63% | -5.64% | -2.16% | 2.05% | -6.69% | -2.35% | -3.51% | -1.77% | 0.11% | 1.69% | 3.26% | 6.41% | -1.79% | 11.63% | 17.18% | 7.11% | -15.12% | -3.99% | -0.20% | 4.55% | -7.35% | 0.90% | 9.50% | 9.88% | -5.20% | 1.15% | 4.41% | 5.14% | -4.08% | -1.24% | 6.23% | 15.29% | -8.25% | -1.80% | -3.03% | 3.44% | -5.78% | -5.35% | 2.34% | 8.43% | 56.17% | -29.09% | 4.29% | 9.26% | -15.47% | 5.30% | 6.81% | -0.62% | 1.75% | -9.06% | 3.49% | 4.26% | ||
cost of sales | 2,616,000,000 | 2,720,000,000 | 2,580,000,000 | 2,470,000,000 | 2,238,000,000 | 2,304,000,000 | 2,254,000,000 | 2,302,000,000 | 1,982,000,000 | 2,083,000,000 | 2,169,000,000 | 2,230,000,000 | 2,175,000,000 | 2,491,000,000 | 2,426,000,000 | 2,369,000,000 | 2,397,000,000 | 2,405,000,000 | 2,294,000,000 | 2,186,000,000 | 2,134,000,000 | 2,137,000,000 | 2,000,000,000 | 1,805,000,000 | 1,830,000,000 | 1,963,000,000 | 1,917,000,000 | 1,875,000,000 | 1,713,000,000 | 1,833,000,000 | 1,776,000,000 | 1,675,000,000 | 1,545,000,000 | 1,603,000,000 | 1,551,000,000 | 1,512,000,000 | 1,418,000,000 | 1,486,000,000 | 1,466,000,000 | 1,409,000,000 | 1,283,000,000 | 1,374,000,000 | 1,380,000,000 | 1,368,000,000 | 1,336,000,000 | 1,408,000,000 | 1,451,000,000 | 1,450,000,000 | 1,354,000,000 | 827,250,000 | 1,166,000,000 | 1,099,000,000 | 1,044,000,000 | 1,239,000,000 | 1,159,000,000 | 1,111,000,000 | 1,106,000,000 | 1,062,000,000 | 1,097,000,000 | 1,116,000,000 | 1,049,000,000 | |
gross margin | 1,528,000,000 | 1,495,000,000 | 1,520,000,000 | 1,392,000,000 | 1,214,000,000 | 1,197,000,000 | 1,137,000,000 | 949,000,000 | 993,000,000 | 911,000,000 | 1,004,000,000 | 1,013,000,000 | 1,003,000,000 | 915,000,000 | 1,062,000,000 | 1,246,000,000 | 1,283,000,000 | 1,271,000,000 | 1,321,000,000 | 1,315,000,000 | 1,156,000,000 | 1,213,000,000 | 1,001,000,000 | 756,000,000 | 561,000,000 | 854,000,000 | 1,017,000,000 | 1,065,000,000 | 1,099,000,000 | 1,202,000,000 | 1,232,000,000 | 1,072,000,000 | 955,000,000 | 1,034,000,000 | 1,056,000,000 | 985,000,000 | 957,000,000 | 990,000,000 | 1,041,000,000 | 951,000,000 | 764,000,000 | 857,000,000 | 892,000,000 | 975,000,000 | 929,000,000 | 996,000,000 | 1,089,000,000 | 1,032,000,000 | 935,000,000 | 638,500,000 | 901,000,000 | 883,000,000 | 770,000,000 | 907,000,000 | 879,000,000 | 797,000,000 | 814,000,000 | 825,000,000 | 978,000,000 | 889,000,000 | 874,000,000 | |
yoy | 25.86% | 24.90% | 33.69% | 46.68% | 22.26% | 31.39% | 13.25% | -6.32% | -1.00% | -0.44% | -5.46% | -18.70% | -21.82% | -28.01% | -19.61% | -5.25% | 10.99% | 4.78% | 31.97% | 73.94% | 106.06% | 42.04% | -1.57% | -29.01% | -48.95% | -28.95% | -17.45% | -0.65% | 15.08% | 16.25% | 16.67% | 8.83% | -0.21% | 4.44% | 1.44% | 3.58% | 25.26% | 15.52% | 16.70% | -2.46% | -17.76% | -13.96% | -18.09% | -5.52% | -0.64% | 55.99% | 20.87% | 16.87% | 21.43% | -29.60% | 2.50% | 10.79% | -5.41% | 9.94% | -10.12% | -10.35% | -6.86% | |||||
qoq | 2.21% | -1.64% | 9.20% | 14.66% | 1.42% | 5.28% | 19.81% | -4.43% | 9.00% | -9.26% | -0.89% | 1.00% | 9.62% | -13.84% | -14.77% | -2.88% | 0.94% | -3.79% | 0.46% | 13.75% | -4.70% | 21.18% | 32.41% | 34.76% | -34.31% | -16.03% | -4.51% | -3.09% | -8.57% | -2.44% | 14.93% | 12.25% | -7.64% | -2.08% | 7.21% | 2.93% | -3.33% | -4.90% | 9.46% | 24.48% | -10.85% | -3.92% | -8.51% | 4.95% | -6.73% | -8.54% | 5.52% | 10.37% | 46.44% | -29.13% | 2.04% | 14.68% | -15.10% | 3.19% | 10.29% | -2.09% | -1.33% | -15.64% | 10.01% | 1.72% | ||
gross margin % | 36.87% | 35.47% | 37.07% | 36.04% | 35.17% | 34.19% | 33.53% | 29.19% | 33.38% | 30.43% | 31.64% | 31.24% | 31.56% | 26.86% | 30.45% | 34.47% | 34.86% | 34.58% | 36.54% | 37.56% | 35.14% | 36.21% | 33.36% | 29.52% | 23.46% | 30.32% | 34.66% | 36.22% | 39.08% | 39.60% | 40.96% | 39.02% | 38.20% | 39.21% | 40.51% | 39.45% | 40.29% | 39.98% | 41.52% | 40.30% | 37.32% | 38.41% | 39.26% | 41.61% | 41.02% | 41.43% | 42.87% | 41.58% | 40.85% | 43.56% | 43.59% | 44.55% | 42.45% | 42.26% | 43.13% | 41.77% | 42.40% | 43.72% | 47.13% | 44.34% | 45.45% | |
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative expenses | 588,000,000 | 512,000,000 | 624,000,000 | 515,000,000 | 471,000,000 | 499,000,000 | 510,000,000 | 471,000,000 | 451,000,000 | 514,000,000 | 468,000,000 | 440,000,000 | 421,000,000 | 517,000,000 | 461,000,000 | 486,000,000 | 434,000,000 | 476,000,000 | 486,000,000 | 465,000,000 | 400,000,000 | 471,000,000 | 480,000,000 | 401,000,000 | 395,000,000 | 401,000,000 | 369,000,000 | 414,000,000 | 401,000,000 | 447,000,000 | 439,000,000 | 412,000,000 | 501,000,000 | 400,000,000 | 372,000,000 | 379,000,000 | 316,000,000 | 368,000,000 | 302,000,000 | 499,000,000 | 303,000,000 | 563,000,000 | 307,000,000 | 337,000,000 | 316,000,000 | 242,000,000 | 256,000,000 | 318,000,000 | 395,000,000 | 197,500,000 | 265,000,000 | 266,000,000 | 259,000,000 | 301,000,000 | 294,000,000 | 291,000,000 | 279,000,000 | 283,000,000 | 216,000,000 | 284,000,000 | 250,000,000 | |
research, development and engineering expenses | 278,000,000 | 284,000,000 | 280,000,000 | 276,000,000 | 270,000,000 | 275,000,000 | 294,000,000 | 262,000,000 | 258,000,000 | 289,000,000 | 270,000,000 | 263,000,000 | 254,000,000 | 281,000,000 | 278,000,000 | 240,000,000 | 248,000,000 | 280,000,000 | 251,000,000 | 242,000,000 | 222,000,000 | 232,000,000 | 231,000,000 | 430,000,000 | 261,000,000 | 278,000,000 | 255,000,000 | 249,000,000 | 249,000,000 | 265,000,000 | 244,000,000 | 243,000,000 | 241,000,000 | 240,000,000 | 213,000,000 | 207,000,000 | 200,000,000 | 173,000,000 | 187,000,000 | 192,000,000 | 190,000,000 | 208,000,000 | 181,000,000 | 191,000,000 | 189,000,000 | 210,000,000 | 199,000,000 | 208,000,000 | 198,000,000 | 135,250,000 | 184,000,000 | 179,000,000 | 178,000,000 | 185,000,000 | 185,000,000 | 188,000,000 | 187,000,000 | 177,000,000 | 166,000,000 | 172,000,000 | 156,000,000 | |
amortization of purchased intangibles | 23,000,000 | 27,000,000 | 27,000,000 | 28,000,000 | 28,000,000 | 30,000,000 | 31,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 31,000,000 | 31,000,000 | 31,000,000 | 31,000,000 | 30,000,000 | 31,000,000 | 32,000,000 | 32,000,000 | 33,000,000 | 32,000,000 | 34,000,000 | 33,000,000 | 28,000,000 | 26,000,000 | 28,000,000 | 28,000,000 | 28,000,000 | 29,000,000 | 26,000,000 | 27,000,000 | 22,000,000 | 19,000,000 | 22,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 17,000,000 | 15,000,000 | 14,000,000 | 14,000,000 | 12,000,000 | 16,000,000 | 12,000,000 | 8,000,000 | 9,000,000 | 8,000,000 | 8,000,000 | 5,750,000 | 8,000,000 | 8,000,000 | 7,000,000 | 6,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | |
operating income | 639,000,000 | 672,000,000 | 589,000,000 | 573,000,000 | 445,000,000 | 393,000,000 | 302,000,000 | 186,000,000 | 254,000,000 | 78,000,000 | 236,000,000 | 279,000,000 | 297,000,000 | 86,000,000 | 292,000,000 | 490,000,000 | 570,000,000 | 483,000,000 | 552,000,000 | 575,000,000 | 502,000,000 | 476,000,000 | 257,000,000 | -103,000,000 | -121,000,000 | 147,000,000 | 365,000,000 | 374,000,000 | 420,000,000 | 464,000,000 | 522,000,000 | 395,000,000 | 194,000,000 | 372,000,000 | 453,000,000 | 381,000,000 | 424,000,000 | 432,000,000 | 535,000,000 | 247,000,000 | 177,000,000 | 87,000,000 | 392,000,000 | 431,000,000 | 412,000,000 | 536,000,000 | 620,000,000 | 460,000,000 | 315,000,000 | 296,750,000 | 439,000,000 | 424,000,000 | 324,000,000 | 277,000,000 | 393,000,000 | 309,000,000 | 342,000,000 | 223,000,000 | 587,000,000 | 424,000,000 | 460,000,000 | |
yoy | 43.60% | 70.99% | 95.03% | 208.06% | 75.20% | 403.85% | 27.97% | -33.33% | -14.48% | -9.30% | -19.18% | -43.06% | -47.89% | -82.19% | -47.10% | -14.78% | 13.55% | 1.47% | 114.79% | -658.25% | -514.88% | 223.81% | -29.59% | -127.54% | -128.81% | -68.32% | -30.08% | -5.32% | 116.49% | 24.73% | 15.23% | 3.67% | -54.25% | -13.89% | -15.33% | 54.25% | 139.55% | 396.55% | 36.48% | -42.69% | -57.04% | -83.77% | -36.77% | -6.30% | 30.79% | 80.62% | 41.23% | 8.49% | -2.78% | 7.13% | 11.70% | 37.22% | -5.26% | 24.22% | -33.05% | -27.12% | -25.65% | |||||
qoq | -4.91% | 14.09% | 2.79% | 28.76% | 13.23% | 30.13% | 62.37% | -26.77% | 225.64% | -66.95% | -15.41% | -6.06% | 245.35% | -70.55% | -40.41% | -14.04% | 18.01% | -12.50% | -4.00% | 14.54% | 5.46% | 85.21% | -349.51% | -14.88% | -182.31% | -59.73% | -2.41% | -10.95% | -9.48% | -11.11% | 32.15% | 103.61% | -47.85% | -17.88% | 18.90% | -10.14% | -1.85% | -19.25% | 116.60% | 39.55% | 103.45% | -77.81% | -9.05% | 4.61% | -23.13% | -13.55% | 34.78% | 46.03% | 6.15% | -32.40% | 3.54% | 30.86% | 16.97% | -29.52% | 27.18% | -9.65% | 53.36% | -62.01% | 38.44% | -7.83% | ||
operating margin % | 15.42% | 15.94% | 14.37% | 14.84% | 12.89% | 11.23% | 8.91% | 5.72% | 8.54% | 2.61% | 7.44% | 8.60% | 9.35% | 2.52% | 8.37% | 13.55% | 15.49% | 13.14% | 15.27% | 16.42% | 15.26% | 14.21% | 8.56% | -4.02% | -5.06% | 5.22% | 12.44% | 12.72% | 14.94% | 15.29% | 17.35% | 14.38% | 7.76% | 14.11% | 17.38% | 15.26% | 17.85% | 17.45% | 21.34% | 10.47% | 8.65% | 3.90% | 17.25% | 18.40% | 18.19% | 22.30% | 24.41% | 18.53% | 13.76% | 20.25% | 21.24% | 21.39% | 17.86% | 12.91% | 19.28% | 16.19% | 17.81% | 11.82% | 28.29% | 21.15% | 23.92% | |
interest income | 9,000,000 | 11,000,000 | 10,000,000 | 5,000,000 | 12,000,000 | 13,000,000 | 12,000,000 | 10,000,000 | 12,000,000 | 13,000,000 | 10,000,000 | 8,000,000 | 7,000,000 | 6,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 6,000,000 | 5,000,000 | 4,000,000 | 5,000,000 | 7,000,000 | 9,000,000 | 7,000,000 | 9,000,000 | 13,000,000 | 12,000,000 | 10,000,000 | 11,000,000 | 12,000,000 | 11,000,000 | 9,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 12,000,000 | 1,250,000 | 1,000,000 | 2,000,000 | 2,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 6,000,000 | 5,000,000 | 4,000,000 | |
interest expense | -92,000,000 | -93,000,000 | -78,000,000 | -83,000,000 | -82,000,000 | -79,000,000 | -83,000,000 | -84,000,000 | -83,000,000 | -90,000,000 | -82,000,000 | -81,000,000 | -76,000,000 | -76,000,000 | -73,000,000 | -72,000,000 | -71,000,000 | -73,000,000 | -72,000,000 | -78,000,000 | -77,000,000 | -75,000,000 | -70,000,000 | -67,000,000 | -64,000,000 | -60,000,000 | -55,000,000 | -54,000,000 | -52,000,000 | -51,000,000 | -45,000,000 | -43,000,000 | -52,000,000 | -43,000,000 | -37,000,000 | -38,000,000 | -37,000,000 | -37,000,000 | -41,000,000 | -40,000,000 | -41,000,000 | -39,000,000 | -38,000,000 | -33,000,000 | -30,000,000 | -32,000,000 | -31,000,000 | -30,000,000 | -30,000,000 | -23,000,000 | -28,000,000 | -28,000,000 | -36,000,000 | -34,000,000 | -33,000,000 | -24,000,000 | -20,000,000 | -17,000,000 | -23,000,000 | -22,000,000 | -27,000,000 | |
translated earnings contract loss | -16,000,000 | -622,000,000 | -438,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense | -11,000,000 | -20,000,000 | -4,000,000 | -17,750,000 | -62,000,000 | -11,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 529,000,000 | 678,000,000 | 550,000,000 | 584,000,000 | 240,000,000 | 437,000,000 | -92,000,000 | 172,000,000 | 296,000,000 | -38,000,000 | 217,000,000 | 409,000,000 | 228,000,000 | 4,000,000 | 260,000,000 | 750,000,000 | 761,000,000 | 576,000,000 | 480,000,000 | 516,000,000 | 825,000,000 | 330,000,000 | 450,000,000 | -49,000,000 | -108,000,000 | 17,000,000 | 408,000,000 | 216,000,000 | 575,000,000 | 346,000,000 | 758,000,000 | 864,000,000 | -465,000,000 | 566,000,000 | 479,000,000 | 592,000,000 | 20,000,000 | 2,404,000,000 | 257,000,000 | 1,703,000,000 | -672,000,000 | 169,000,000 | 218,000,000 | 606,000,000 | 493,000,000 | 1,337,000,000 | 1,409,000,000 | 341,000,000 | 481,000,000 | 476,500,000 | 549,000,000 | 829,000,000 | 528,000,000 | 381,000,000 | 608,000,000 | 555,000,000 | 573,000,000 | 552,000,000 | 921,000,000 | 878,000,000 | 862,000,000 | |
provision for income taxes | -121,000,000 | -91,000,000 | -80,000,000 | -84,000,000 | -55,000,000 | -97,000,000 | -3,000,000 | -50,000,000 | -71,000,000 | 10,000,000 | -35,000,000 | -106,000,000 | -37,000,000 | -31,000,000 | -34,000,000 | -166,000,000 | -180,000,000 | -89,000,000 | -109,000,000 | -67,000,000 | -8,250,000 | -23,000,000 | -22,000,000 | -186,750,000 | -395,000,000 | -172,000,000 | -180,000,000 | -91,500,000 | -141,000,000 | -191,000,000 | -34,000,000 | -98,000,000 | -87,000,000 | -93,000,000 | -111,000,000 | -86,750,000 | -110,000,000 | -123,000,000 | -114,000,000 | |||||||||||||||||||||||
net income | 408,000,000 | 587,000,000 | 470,000,000 | 500,000,000 | 185,000,000 | 340,000,000 | -95,000,000 | 122,000,000 | 225,000,000 | -28,000,000 | 182,000,000 | 303,000,000 | 191,000,000 | -27,000,000 | 226,000,000 | 584,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
yoy | 120.54% | 72.65% | -594.74% | 309.84% | -17.78% | -1314.29% | -152.20% | -59.74% | 17.80% | 3.70% | -19.47% | -48.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -30.49% | 24.89% | -6.00% | 170.27% | -45.59% | -457.89% | -177.87% | -45.78% | -903.57% | -115.38% | -39.93% | 58.64% | -807.41% | -111.95% | -61.30% | |||||||||||||||||||||||||||||||||||||||||||||||
net income margin % | 9.85% | 13.93% | 11.46% | 12.95% | 5.36% | 9.71% | -2.80% | 3.75% | 7.56% | -0.94% | 5.74% | 9.34% | 6.01% | -0.79% | 6.48% | 16.15% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
net income attributable to non-controlling interest | -37,000,000 | -47,000,000 | -40,000,000 | -31,000,000 | -28,000,000 | -30,000,000 | -22,000,000 | -18,000,000 | -16,000,000 | -12,000,000 | -18,000,000 | -22,000,000 | -15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to corning incorporated | 371,000,000 | 540,000,000 | 430,000,000 | 469,000,000 | 157,000,000 | 310,000,000 | -117,000,000 | 104,000,000 | 209,000,000 | -40,000,000 | 164,000,000 | 281,000,000 | 176,000,000 | -36,000,000 | 208,000,000 | 563,000,000 | 581,000,000 | 487,000,000 | 371,000,000 | 449,000,000 | 599,000,000 | 252,000,000 | 427,000,000 | -71,000,000 | -96,000,000 | 32,000,000 | 337,000,000 | 92,000,000 | 499,000,000 | 292,000,000 | 625,000,000 | 738,000,000 | -589,000,000 | -1,412,000,000 | 390,000,000 | 439,000,000 | 86,000,000 | 1,572,000,000 | 284,000,000 | 2,207,000,000 | -368,000,000 | 224,000,000 | 212,000,000 | 496,000,000 | 407,000,000 | 988,000,000 | 1,014,000,000 | 169,000,000 | 301,000,000 | 385,000,000 | 408,000,000 | 638,000,000 | 494,000,000 | 283,000,000 | 521,000,000 | 462,000,000 | 462,000,000 | 491,000,000 | 811,000,000 | 755,000,000 | 748,000,000 | |
earnings per common share available to common shareholders: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 430,000 | 630,000 | 500,000 | 550,000 | 180,000 | 360,000 | -140,000 | 120,000 | 250,000 | -40,000 | 190,000 | 330,000 | 210,000 | -40,000 | 250,000 | 670,000 | 690,000 | 580,000 | 440,000 | -420,000 | 750,000 | 290,000 | 530,000 | -130,000 | -160,000 | 10,000 | 400,000 | 90,000 | 610,000 | 340,000 | 750,000 | 870,000 | -720,000 | -1,590,000 | 410,000 | 460,000 | 70,000 | 1,570,000 | 270,000 | 2,060,000 | -360,000 | 180,000 | 160,000 | 380,000 | 300,000 | 740,000 | 770,000 | 110,000 | 210,000 | 262,500 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 310,000 | 300,000 | 320,000 | 520,000 | 480,000 | 480,000 | |
diluted | 430,000 | 620,000 | 500,000 | 540,000 | 180,000 | 350,000 | -140,000 | 120,000 | 240,000 | -40,000 | 190,000 | 330,000 | 200,000 | -40,000 | 240,000 | 660,000 | 680,000 | 570,000 | 430,000 | -420,000 | 670,000 | 300,000 | 480,000 | -130,000 | -160,000 | 40,000 | 380,000 | 90,000 | 550,000 | 310,000 | 670,000 | 780,000 | -720,000 | -1,550,000 | 390,000 | 420,000 | 70,000 | 1,420,000 | 260,000 | 1,870,000 | -360,000 | 180,000 | 150,000 | 360,000 | 290,000 | 700,000 | 720,000 | 110,000 | 200,000 | 260,000 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 300,000 | 300,000 | 310,000 | 510,000 | 470,000 | 470,000 | |
translated earnings contract gain | 87,000,000 | 33,000,000 | 131,000,000 | -101,000,000 | 174,000,000 | -157,000,000 | 27,000,000 | 39,000,000 | 33,000,000 | 20,000,000 | 116,000,000 | -8,000,000 | 94,000,000 | -68,000,000 | 196,000,000 | 129,000,000 | 92,000,000 | -13,000,000 | 3,000,000 | 272,000,000 | -43,000,000 | -100,000,000 | 37,000,000 | 68,000,000 | 85,000,000 | 86,000,000 | -107,000,000 | 184,000,000 | 16,500,000 | 230,000,000 | 458,000,000 | 72,000,000 | 26,000,000 | 219,000,000 | 1,847,000,000 | -237,000,000 | -1,201,000,000 | |||||||||||||||||||||||||
other income | -42,000,000 | -34,000,000 | -64,000,000 | -166,000,000 | 33,000,000 | 74,000,000 | -72,000,000 | 33,000,000 | 87,000,000 | 8,000,000 | -106,000,000 | 106,000,000 | 133,000,000 | 130,000,000 | 67,000,000 | -6,000,000 | 7,000,000 | 117,000,000 | 2,000,000 | -14,750,000 | -15,000,000 | -35,000,000 | -205,000,000 | 12,000,000 | 14,000,000 | -37,000,000 | -60,000,000 | -18,000,000 | -21,000,000 | -14,000,000 | -28,000,000 | -26,000,000 | 21,000,000 | -21,000,000 | -27,000,000 | -23,000,000 | -21,000,000 | 805,000,000 | 720,000,000 | -155,000,000 | 24,000,000 | 82,250,000 | 265,000,000 | 65,000,000 | 41,000,000 | 5,000,000 | 8,000,000 | 29,000,000 | 21,000,000 | 27,000,000 | 43,000,000 | 27,000,000 | ||||||||||
net income attributable to non-controlling interests | -15,250,000 | -18,000,000 | -21,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of net income attributable to corning incorporated versus net income available to common shareholders: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock dividend | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess consideration paid for redemption of preferred shares | -200,750,000 | -803,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common shareholders | -36,000,000 | 208,000,000 | 563,000,000 | 487,000,000 | 371,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of affiliated companies | 4,000,000 | 16,000,000 | 7,000,000 | 8,000,000 | 4,250,000 | -76,000,000 | 79,000,000 | 14,000,000 | -64,000,000 | 23,000,000 | 33,000,000 | 25,000,000 | 288,000,000 | 32,000,000 | 31,000,000 | 39,000,000 | 213,000,000 | 31,000,000 | 37,000,000 | 80,000,000 | 165,000,000 | 19,000,000 | 41,000,000 | 59,000,000 | 104,000,000 | 39,000,000 | 62,000,000 | 94,000,000 | 23,000,000 | 95,000,000 | 62,000,000 | 86,000,000 | 119,250,000 | 138,000,000 | 166,000,000 | 173,000,000 | 93,000,000 | 240,000,000 | 259,000,000 | 218,000,000 | 321,000,000 | 324,000,000 | 428,000,000 | 398,000,000 | ||||||||||||||||||
transaction-related gain | 498,000,000 | 74,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share available to common stockholders: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 430,000 | 630,000 | 500,000 | 550,000 | 180,000 | 360,000 | -140,000 | 120,000 | 250,000 | -40,000 | 190,000 | 330,000 | 210,000 | -40,000 | 250,000 | 670,000 | 690,000 | 580,000 | 440,000 | -420,000 | 750,000 | 290,000 | 530,000 | -130,000 | -160,000 | 10,000 | 400,000 | 90,000 | 610,000 | 340,000 | 750,000 | 870,000 | -720,000 | -1,590,000 | 410,000 | 460,000 | 70,000 | 1,570,000 | 270,000 | 2,060,000 | -360,000 | 180,000 | 160,000 | 380,000 | 300,000 | 740,000 | 770,000 | 110,000 | 210,000 | 262,500 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 310,000 | 300,000 | 320,000 | 520,000 | 480,000 | 480,000 | |
diluted | 430,000 | 620,000 | 500,000 | 540,000 | 180,000 | 350,000 | -140,000 | 120,000 | 240,000 | -40,000 | 190,000 | 330,000 | 200,000 | -40,000 | 240,000 | 660,000 | 680,000 | 570,000 | 430,000 | -420,000 | 670,000 | 300,000 | 480,000 | -130,000 | -160,000 | 40,000 | 380,000 | 90,000 | 550,000 | 310,000 | 670,000 | 780,000 | -720,000 | -1,550,000 | 390,000 | 420,000 | 70,000 | 1,420,000 | 260,000 | 1,870,000 | -360,000 | 180,000 | 150,000 | 360,000 | 290,000 | 700,000 | 720,000 | 110,000 | 200,000 | 260,000 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 300,000 | 300,000 | 310,000 | 510,000 | 470,000 | 470,000 | |
reconciliation of net income attributable to corning incorporated versus net income available to common stockholders: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | -354,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit for income taxes | -226,000,000 | 12,000,000 | -124,000,000 | -1,978,000,000 | -89,000,000 | -153,000,000 | 66,000,000 | -832,000,000 | 27,000,000 | 504,000,000 | 304,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share attributable to corning incorporated: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 430,000 | 630,000 | 500,000 | 550,000 | 180,000 | 360,000 | -140,000 | 120,000 | 250,000 | -40,000 | 190,000 | 330,000 | 210,000 | -40,000 | 250,000 | 670,000 | 690,000 | 580,000 | 440,000 | -420,000 | 750,000 | 290,000 | 530,000 | -130,000 | -160,000 | 10,000 | 400,000 | 90,000 | 610,000 | 340,000 | 750,000 | 870,000 | -720,000 | -1,590,000 | 410,000 | 460,000 | 70,000 | 1,570,000 | 270,000 | 2,060,000 | -360,000 | 180,000 | 160,000 | 380,000 | 300,000 | 740,000 | 770,000 | 110,000 | 210,000 | 262,500 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 310,000 | 300,000 | 320,000 | 520,000 | 480,000 | 480,000 | |
diluted | 430,000 | 620,000 | 500,000 | 540,000 | 180,000 | 350,000 | -140,000 | 120,000 | 240,000 | -40,000 | 190,000 | 330,000 | 200,000 | -40,000 | 240,000 | 660,000 | 680,000 | 570,000 | 430,000 | -420,000 | 670,000 | 300,000 | 480,000 | -130,000 | -160,000 | 40,000 | 380,000 | 90,000 | 550,000 | 310,000 | 670,000 | 780,000 | -720,000 | -1,550,000 | 390,000 | 420,000 | 70,000 | 1,420,000 | 260,000 | 1,870,000 | -360,000 | 180,000 | 150,000 | 360,000 | 290,000 | 700,000 | 720,000 | 110,000 | 200,000 | 260,000 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 300,000 | 300,000 | 310,000 | 510,000 | 470,000 | 470,000 | |
earnings per common share attributable to corning incorporated: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 430,000 | 630,000 | 500,000 | 550,000 | 180,000 | 360,000 | -140,000 | 120,000 | 250,000 | -40,000 | 190,000 | 330,000 | 210,000 | -40,000 | 250,000 | 670,000 | 690,000 | 580,000 | 440,000 | -420,000 | 750,000 | 290,000 | 530,000 | -130,000 | -160,000 | 10,000 | 400,000 | 90,000 | 610,000 | 340,000 | 750,000 | 870,000 | -720,000 | -1,590,000 | 410,000 | 460,000 | 70,000 | 1,570,000 | 270,000 | 2,060,000 | -360,000 | 180,000 | 160,000 | 380,000 | 300,000 | 740,000 | 770,000 | 110,000 | 210,000 | 262,500 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 310,000 | 300,000 | 320,000 | 520,000 | 480,000 | 480,000 | |
diluted | 430,000 | 620,000 | 500,000 | 540,000 | 180,000 | 350,000 | -140,000 | 120,000 | 240,000 | -40,000 | 190,000 | 330,000 | 200,000 | -40,000 | 240,000 | 660,000 | 680,000 | 570,000 | 430,000 | -420,000 | 670,000 | 300,000 | 480,000 | -130,000 | -160,000 | 40,000 | 380,000 | 90,000 | 550,000 | 310,000 | 670,000 | 780,000 | -720,000 | -1,550,000 | 390,000 | 420,000 | 70,000 | 1,420,000 | 260,000 | 1,870,000 | -360,000 | 180,000 | 150,000 | 360,000 | 290,000 | 700,000 | 720,000 | 110,000 | 200,000 | 260,000 | 280,000 | 430,000 | 330,000 | 200,000 | 350,000 | 300,000 | 300,000 | 310,000 | 510,000 | 470,000 | 470,000 | |
benefit from income taxes | -67,750,000 | -71,000,000 | -124,000,000 | -76,000,000 | -95,750,000 | -133,000,000 | -126,000,000 | 55,000,000 | -110,000,000 | -86,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 180,000 | 180,000 | 180,000 | 180,000 | 155,000 | 155,000 | 155,000 | 155,000 | 135,000 | 135,000 | 135,000 | 135,000 | 120,000 | 120,000 | 120,000 | 220,000 | 100,000 | 100,000 | 100,000 | 72,500 | 100,000 | 100,000 | 90,000 | 95,000 | 75,000 | 75,000 | 75,000 | 80,000 | 50,000 | 50,000 | 50,000 | |||||||||||||||||||||||||||||||
restructuring, impairment and other charges | -1,000,000 | 80,000,000 | 20,000,000 | 34,000,000 | 17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on realignment of equity investment | 2,676,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency hedge gain | -894,000,000 | 33,000,000 | -154,000,000 | 164,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency transaction and hedge gain | 33,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asbestos litigation charge | 2,750,000 | 5,000,000 | 4,000,000 | 2,000,000 | 3,250,000 | 5,000,000 | 6,000,000 | 2,000,000 | 5,000,000 | 3,000,000 | 5,000,000 | 1,000,000 | 9,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
restructuring, impairment and other credits |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 |
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assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,755,000,000 | 1,526,000,000 | 1,648,000,000 | 1,491,000,000 | 1,359,000,000 | 1,768,000,000 | 1,613,000,000 | 1,419,000,000 | 1,365,000,000 | 1,779,000,000 | 1,639,000,000 | 1,538,000,000 | 1,146,000,000 | 1,671,000,000 | 1,630,000,000 | 1,629,000,000 | 2,016,000,000 | 2,148,000,000 | 2,212,000,000 | 2,320,000,000 | 2,868,000,000 | 2,672,000,000 | 2,514,000,000 | 2,158,000,000 | 2,025,000,000 | 2,434,000,000 | 971,000,000 | 1,178,000,000 | 1,456,000,000 | 2,355,000,000 | 1,903,000,000 | 2,023,000,000 | 3,096,000,000 | 4,317,000,000 | 3,865,000,000 | 4,189,000,000 | 4,844,000,000 | 5,291,000,000 | 4,821,000,000 | 7,144,000,000 | 3,540,000,000 | 4,500,000,000 | 4,440,000,000 | 4,968,000,000 | 4,304,000,000 | 5,309,000,000 | 5,353,000,000 | 5,118,000,000 | 4,968,000,000 | 4,560,000,000 | 4,601,000,000 | 4,797,000,000 | 4,988,000,000 | 4,952,000,000 | 5,008,000,000 | 5,490,000,000 | 4,661,000,000 | 4,901,000,000 | 4,609,000,000 | 4,570,000,000 | 4,598,000,000 | |
trade accounts receivable, net of doubtful accounts - 27 and 27 | 2,676,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories | 3,279,000,000 | 3,077,000,000 | 3,104,000,000 | 3,084,000,000 | 2,896,000,000 | 2,724,000,000 | 2,793,000,000 | 2,682,000,000 | 2,713,000,000 | 2,666,000,000 | 2,655,000,000 | 2,757,000,000 | 2,863,000,000 | 2,904,000,000 | 2,951,000,000 | 2,835,000,000 | 2,618,000,000 | 2,481,000,000 | 2,463,000,000 | 2,387,000,000 | 2,361,000,000 | 2,438,000,000 | 2,581,000,000 | 2,235,000,000 | 2,347,000,000 | 2,320,000,000 | 2,337,000,000 | 2,291,000,000 | 2,190,000,000 | 2,037,000,000 | 1,921,000,000 | 1,896,000,000 | 1,834,000,000 | 1,712,000,000 | 1,693,000,000 | 1,616,000,000 | 1,544,000,000 | 1,471,000,000 | 1,516,000,000 | 1,501,000,000 | 1,453,000,000 | 1,385,000,000 | 1,374,000,000 | 1,385,000,000 | 1,331,000,000 | 1,322,000,000 | 1,327,000,000 | 1,380,000,000 | 1,395,000,000 | 1,275,000,000 | 1,240,000,000 | 1,171,000,000 | 1,051,000,000 | 1,003,000,000 | 999,000,000 | 955,000,000 | 975,000,000 | 939,000,000 | 917,000,000 | 841,000,000 | 738,000,000 | |
other current assets | 1,816,000,000 | 1,554,000,000 | 1,416,000,000 | 1,323,000,000 | 1,344,000,000 | 1,447,000,000 | 1,284,000,000 | 1,299,000,000 | 1,272,000,000 | 1,195,000,000 | 1,279,000,000 | 1,324,000,000 | 1,180,000,000 | 1,157,000,000 | 1,603,000,000 | 1,633,000,000 | 1,317,000,000 | 1,026,000,000 | 890,000,000 | 884,000,000 | 974,000,000 | 761,000,000 | 864,000,000 | 741,000,000 | 866,000,000 | 873,000,000 | 824,000,000 | 739,000,000 | 729,000,000 | 702,000,000 | 835,000,000 | 723,000,000 | 986,000,000 | 991,000,000 | 948,000,000 | 986,000,000 | 719,000,000 | 805,000,000 | 497,000,000 | 558,000,000 | 797,000,000 | 912,000,000 | 1,072,000,000 | 1,174,000,000 | 1,091,000,000 | 1,099,000,000 | 825,000,000 | 604,000,000 | 697,000,000 | 706,000,000 | 764,000,000 | 681,000,000 | 619,000,000 | 424,000,000 | 436,000,000 | 479,000,000 | 347,000,000 | 359,000,000 | 364,000,000 | 353,000,000 | 367,000,000 | |
total current assets | 9,526,000,000 | 8,936,000,000 | 8,677,000,000 | 8,196,000,000 | 7,644,000,000 | 7,992,000,000 | 7,676,000,000 | 7,121,000,000 | 6,971,000,000 | 7,212,000,000 | 7,298,000,000 | 7,293,000,000 | 6,877,000,000 | 7,453,000,000 | 7,804,000,000 | 7,883,000,000 | 7,861,000,000 | 7,659,000,000 | 7,679,000,000 | 7,648,000,000 | 8,103,000,000 | 8,004,000,000 | 8,058,000,000 | 6,846,000,000 | 6,946,000,000 | 7,463,000,000 | 6,156,000,000 | 6,311,000,000 | 6,349,000,000 | 7,034,000,000 | 6,632,000,000 | 6,484,000,000 | 7,663,000,000 | 8,827,000,000 | 8,254,000,000 | 8,431,000,000 | 8,718,000,000 | 9,048,000,000 | 8,479,000,000 | 10,747,000,000 | 7,178,000,000 | 8,269,000,000 | 9,253,000,000 | 9,868,000,000 | 9,238,000,000 | 10,238,000,000 | 10,013,000,000 | 9,864,000,000 | 9,613,000,000 | 9,128,000,000 | 9,053,000,000 | 9,269,000,000 | 9,695,000,000 | 9,516,000,000 | 9,378,000,000 | 9,801,000,000 | 8,677,000,000 | 9,264,000,000 | 9,329,000,000 | 9,037,000,000 | 8,859,000,000 | |
property, plant and equipment, net of accumulated depreciation | 14,785,000,000 | 14,825,000,000 | 14,397,000,000 | 13,881,000,000 | 13,360,000,000 | 13,359,000,000 | 14,059,000,000 | 13,742,000,000 | 14,199,000,000 | 14,630,000,000 | 14,407,000,000 | 14,681,000,000 | 15,137,000,000 | 15,371,000,000 | 14,645,000,000 | 15,350,000,000 | 15,780,000,000 | 15,804,000,000 | 15,383,000,000 | 15,455,000,000 | 15,364,000,000 | 15,742,000,000 | 15,449,000,000 | 14,691,000,000 | 14,932,000,000 | 15,337,000,000 | 15,083,000,000 | 15,137,000,000 | 14,878,000,000 | 14,895,000,000 | 14,345,000,000 | 14,201,000,000 | 14,416,000,000 | 14,017,000,000 | 13,344,000,000 | 13,060,000,000 | 12,969,000,000 | 12,546,000,000 | 13,293,000,000 | 13,048,000,000 | 12,823,000,000 | 12,648,000,000 | 12,549,000,000 | 12,669,000,000 | 12,708,000,000 | 12,766,000,000 | ||||||||||||||||
goodwill | 2,479,000,000 | 2,489,000,000 | 2,489,000,000 | 2,492,000,000 | 2,371,000,000 | 2,363,000,000 | 2,390,000,000 | 2,365,000,000 | 2,370,000,000 | 2,380,000,000 | 2,372,000,000 | 2,382,000,000 | 2,394,000,000 | 2,394,000,000 | 2,368,000,000 | 2,389,000,000 | 2,408,000,000 | 2,421,000,000 | 2,425,000,000 | 2,433,000,000 | 2,429,000,000 | 2,460,000,000 | 2,427,000,000 | 1,925,000,000 | 1,918,000,000 | 1,935,000,000 | 1,924,000,000 | 1,938,000,000 | 1,930,000,000 | 1,936,000,000 | 1,930,000,000 | 1,918,000,000 | 1,698,000,000 | 1,694,000,000 | 1,684,000,000 | 1,608,000,000 | 1,619,000,000 | 1,577,000,000 | 1,569,000,000 | 1,569,000,000 | 1,399,000,000 | 1,380,000,000 | 1,330,000,000 | 1,343,000,000 | 1,343,000,000 | 1,150,000,000 | ||||||||||||||||
other intangible assets | 632,000,000 | 657,000,000 | 684,000,000 | 711,000,000 | 732,000,000 | 752,000,000 | 814,000,000 | 836,000,000 | 871,000,000 | 905,000,000 | 938,000,000 | 972,000,000 | 1,002,000,000 | 1,029,000,000 | 1,049,000,000 | 1,088,000,000 | 1,118,000,000 | 1,148,000,000 | 1,192,000,000 | 1,228,000,000 | 1,259,000,000 | 1,308,000,000 | 1,332,000,000 | 1,072,000,000 | 1,149,000,000 | 1,185,000,000 | 1,206,000,000 | 1,240,000,000 | 1,265,000,000 | 1,292,000,000 | 1,309,000,000 | 1,332,000,000 | 851,000,000 | 869,000,000 | 891,000,000 | 842,000,000 | 825,000,000 | 796,000,000 | 797,000,000 | 804,000,000 | 703,000,000 | 706,000,000 | 678,000,000 | 700,000,000 | 702,000,000 | 497,000,000 | ||||||||||||||||
deferred income taxes | 1,569,000,000 | 1,515,000,000 | 1,296,000,000 | 1,187,000,000 | 1,183,000,000 | 1,130,000,000 | 1,211,000,000 | 1,134,000,000 | 1,132,000,000 | 1,153,000,000 | 1,037,000,000 | 1,083,000,000 | 1,106,000,000 | 1,073,000,000 | 998,000,000 | 982,000,000 | 1,030,000,000 | 1,066,000,000 | 1,062,000,000 | 1,051,000,000 | 992,000,000 | 1,121,000,000 | 1,173,000,000 | 1,266,000,000 | 1,181,000,000 | 1,157,000,000 | 1,109,000,000 | 1,053,000,000 | 1,051,000,000 | 951,000,000 | 831,000,000 | 859,000,000 | 909,000,000 | 813,000,000 | 2,641,000,000 | 2,651,000,000 | 2,705,000,000 | 2,325,000,000 | 3,110,000,000 | 2,952,000,000 | 2,428,000,000 | 2,056,000,000 | 315,000,000 | 291,000,000 | 262,000,000 | 248,000,000 | 156,000,000 | 349,000,000 | 321,000,000 | 309,000,000 | 282,000,000 | 399,000,000 | 579,000,000 | 490,000,000 | 441,000,000 | 423,000,000 | 448,000,000 | 356,000,000 | 439,000,000 | 433,000,000 | 431,000,000 | |
other assets | 2,262,000,000 | 2,554,000,000 | 2,373,000,000 | 2,278,000,000 | 2,104,000,000 | 2,139,000,000 | 2,172,000,000 | 1,981,000,000 | 2,075,000,000 | 2,220,000,000 | 2,226,000,000 | 2,234,000,000 | 2,306,000,000 | 2,179,000,000 | 1,871,000,000 | 2,026,000,000 | 2,060,000,000 | 2,056,000,000 | 1,965,000,000 | 1,991,000,000 | 1,996,000,000 | 2,140,000,000 | 1,474,000,000 | 1,417,000,000 | 1,413,000,000 | 1,487,000,000 | 1,512,000,000 | 1,552,000,000 | 1,502,000,000 | 1,021,000,000 | 1,023,000,000 | 1,007,000,000 | 952,000,000 | 934,000,000 | 928,000,000 | 890,000,000 | 1,132,000,000 | 1,271,000,000 | 1,209,000,000 | 1,187,000,000 | 1,342,000,000 | 1,513,000,000 | 1,551,000,000 | 1,656,000,000 | 1,685,000,000 | 1,722,000,000 | 1,170,000,000 | 666,000,000 | 766,000,000 | 495,000,000 | 561,000,000 | 437,000,000 | 301,000,000 | 273,000,000 | 274,000,000 | 259,000,000 | 196,000,000 | 157,000,000 | 150,000,000 | 174,000,000 | 153,000,000 | |
total assets | 31,253,000,000 | 30,976,000,000 | 29,916,000,000 | 28,745,000,000 | 27,394,000,000 | 27,735,000,000 | 28,322,000,000 | 27,179,000,000 | 27,618,000,000 | 28,500,000,000 | 28,278,000,000 | 28,645,000,000 | 28,822,000,000 | 29,499,000,000 | 28,735,000,000 | 29,718,000,000 | 30,257,000,000 | 30,154,000,000 | 29,706,000,000 | 29,806,000,000 | 30,143,000,000 | 30,775,000,000 | 30,267,000,000 | 27,546,000,000 | 27,859,000,000 | 28,898,000,000 | 27,329,000,000 | 27,575,000,000 | 27,321,000,000 | 27,505,000,000 | 26,392,000,000 | 26,140,000,000 | 26,834,000,000 | 27,494,000,000 | 28,094,000,000 | 27,830,000,000 | 28,305,000,000 | 27,899,000,000 | 28,809,000,000 | 30,653,000,000 | 27,945,000,000 | 28,547,000,000 | 28,898,000,000 | 29,888,000,000 | 29,323,000,000 | 30,063,000,000 | 29,815,000,000 | 29,832,000,000 | 29,544,000,000 | 28,714,000,000 | 28,389,000,000 | 28,595,000,000 | 29,375,000,000 | 29,410,000,000 | 28,754,000,000 | 28,489,000,000 | 27,848,000,000 | 28,173,000,000 | 27,825,000,000 | 26,660,000,000 | 25,833,000,000 | |
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt and short-term borrowings | 1,255,000,000 | 804,000,000 | 812,000,000 | 786,000,000 | 283,000,000 | 326,000,000 | 335,000,000 | 376,000,000 | 318,000,000 | 320,000,000 | 297,000,000 | 187,000,000 | 197,000,000 | 224,000,000 | 208,000,000 | 121,000,000 | 120,000,000 | 55,000,000 | 50,000,000 | 353,000,000 | 154,000,000 | 156,000,000 | 256,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | 305,000,000 | 455,000,000 | 7,000,000 | 4,000,000 | 252,000,000 | 252,000,000 | 380,000,000 | 379,000,000 | 631,000,000 | 631,000,000 | 257,000,000 | 256,000,000 | 7,000,000 | 279,000,000 | 527,000,000 | 572,000,000 | ||||||||||||||||||||
accounts payable | 2,251,000,000 | 1,979,000,000 | 2,029,000,000 | 1,931,000,000 | 1,737,000,000 | 1,472,000,000 | 1,565,000,000 | 1,466,000,000 | 1,476,000,000 | 1,466,000,000 | 1,459,000,000 | 1,519,000,000 | 1,662,000,000 | 1,804,000,000 | 1,808,000,000 | 1,934,000,000 | 1,849,000,000 | 1,612,000,000 | 1,396,000,000 | 1,312,000,000 | 1,272,000,000 | 1,174,000,000 | 1,176,000,000 | 1,109,000,000 | 1,250,000,000 | 1,587,000,000 | 1,447,000,000 | 1,297,000,000 | 1,278,000,000 | 1,456,000,000 | 1,092,000,000 | 1,111,000,000 | 1,164,000,000 | 1,439,000,000 | 1,179,000,000 | 1,096,000,000 | 1,015,000,000 | 1,079,000,000 | 933,000,000 | 938,000,000 | 836,000,000 | 934,000,000 | 909,000,000 | 930,000,000 | 872,000,000 | 997,000,000 | 716,000,000 | 777,000,000 | 732,000,000 | 640,000,000 | 721,000,000 | 762,000,000 | 779,000,000 | 901,000,000 | 929,000,000 | 847,000,000 | 977,000,000 | 938,000,000 | 1,052,000,000 | 949,000,000 | 798,000,000 | |
other accrued liabilities | 2,410,000,000 | 2,845,000,000 | 2,736,000,000 | 2,758,000,000 | 2,503,000,000 | 3,121,000,000 | 2,737,000,000 | 2,684,000,000 | 2,381,000,000 | 2,533,000,000 | 2,529,000,000 | 2,705,000,000 | 2,914,000,000 | 3,147,000,000 | 3,151,000,000 | 3,475,000,000 | 3,092,000,000 | 3,139,000,000 | 2,891,000,000 | 2,959,000,000 | 2,087,000,000 | 2,437,000,000 | 2,417,000,000 | 1,899,000,000 | 1,929,000,000 | 1,923,000,000 | 1,848,000,000 | 1,664,000,000 | 1,774,000,000 | 1,851,000,000 | 1,768,000,000 | 1,545,000,000 | 1,451,000,000 | 1,391,000,000 | 1,255,000,000 | 1,081,000,000 | 1,149,000,000 | 1,416,000,000 | 1,354,000,000 | 1,231,000,000 | 1,201,000,000 | 1,308,000,000 | 956,000,000 | 990,000,000 | 917,000,000 | 1,291,000,000 | 967,000,000 | 950,000,000 | 846,000,000 | 915,000,000 | 804,000,000 | 959,000,000 | 1,101,000,000 | 956,000,000 | 934,000,000 | 907,000,000 | 1,093,000,000 | 1,044,000,000 | 1,005,000,000 | 919,000,000 | 1,131,000,000 | |
total current liabilities | 5,916,000,000 | 5,628,000,000 | 5,577,000,000 | 5,475,000,000 | 4,523,000,000 | 4,919,000,000 | 4,637,000,000 | 4,526,000,000 | 4,175,000,000 | 4,319,000,000 | 4,285,000,000 | 4,411,000,000 | 4,773,000,000 | 5,175,000,000 | 5,167,000,000 | 5,530,000,000 | 5,061,000,000 | 4,806,000,000 | 4,337,000,000 | 4,624,000,000 | 3,513,000,000 | 3,767,000,000 | 3,849,000,000 | 3,020,000,000 | 3,191,000,000 | 3,521,000,000 | 3,600,000,000 | 3,416,000,000 | 3,059,000,000 | 3,311,000,000 | 3,112,000,000 | 2,908,000,000 | 2,995,000,000 | 3,209,000,000 | 3,065,000,000 | 2,808,000,000 | 2,421,000,000 | 2,751,000,000 | 2,294,000,000 | 2,448,000,000 | 2,564,000,000 | 2,814,000,000 | 1,966,000,000 | 2,022,000,000 | 1,895,000,000 | 2,324,000,000 | 2,138,000,000 | 2,177,000,000 | 2,046,000,000 | 1,578,000,000 | 1,597,000,000 | 1,795,000,000 | 1,956,000,000 | 1,987,000,000 | 1,892,000,000 | 1,781,000,000 | 2,097,000,000 | 2,009,000,000 | 2,083,000,000 | 1,894,000,000 | 1,986,000,000 | |
long-term debt | 7,718,000,000 | 7,630,000,000 | 7,407,000,000 | 6,714,000,000 | 6,954,000,000 | 6,885,000,000 | 7,073,000,000 | 6,908,000,000 | 7,050,000,000 | 7,206,000,000 | 7,210,000,000 | 7,437,000,000 | 6,654,000,000 | 6,687,000,000 | 6,525,000,000 | 6,677,000,000 | 6,839,000,000 | 6,989,000,000 | 7,019,000,000 | 7,025,000,000 | 7,650,000,000 | 7,816,000,000 | 7,822,000,000 | 7,797,000,000 | 7,815,000,000 | 7,729,000,000 | 6,225,000,000 | 6,080,000,000 | 6,018,000,000 | 5,994,000,000 | 5,056,000,000 | 5,099,000,000 | 4,808,000,000 | 4,749,000,000 | 3,994,000,000 | 3,302,000,000 | 3,669,000,000 | 3,646,000,000 | 3,916,000,000 | 3,918,000,000 | 3,910,000,000 | 3,910,000,000 | 3,915,000,000 | 3,910,000,000 | 3,165,000,000 | 3,227,000,000 | 3,228,000,000 | 3,238,000,000 | 3,224,000,000 | 2,816,000,000 | 2,822,000,000 | 2,855,000,000 | 3,382,000,000 | 3,272,000,000 | 3,229,000,000 | 3,135,000,000 | 2,364,000,000 | 2,282,000,000 | 2,248,000,000 | 2,245,000,000 | 2,262,000,000 | |
postretirement benefits other than pensions | 311,000,000 | 314,000,000 | 301,000,000 | 302,000,000 | 333,000,000 | 336,000,000 | 357,000,000 | 360,000,000 | 399,000,000 | 398,000,000 | 406,000,000 | 407,000,000 | 405,000,000 | 407,000,000 | 585,000,000 | 588,000,000 | 620,000,000 | 622,000,000 | 729,000,000 | 723,000,000 | 733,000,000 | 727,000,000 | 667,000,000 | 668,000,000 | 671,000,000 | 671,000,000 | 646,000,000 | 648,000,000 | 659,000,000 | 662,000,000 | 701,000,000 | 702,000,000 | 746,000,000 | 749,000,000 | 712,000,000 | 712,000,000 | 735,000,000 | 737,000,000 | 708,000,000 | 710,000,000 | 717,000,000 | 718,000,000 | 782,000,000 | 781,000,000 | 810,000,000 | 814,000,000 | 757,000,000 | 751,000,000 | 766,000,000 | 917,000,000 | 916,000,000 | 933,000,000 | 930,000,000 | 901,000,000 | 900,000,000 | 900,000,000 | 897,000,000 | 891,000,000 | 886,000,000 | 915,000,000 | 913,000,000 | |
other liabilities | 4,959,000,000 | 5,097,000,000 | 4,626,000,000 | 4,709,000,000 | 4,456,000,000 | 4,525,000,000 | 4,788,000,000 | 4,458,000,000 | 4,435,000,000 | 4,709,000,000 | 4,633,000,000 | 4,680,000,000 | 4,783,000,000 | 4,955,000,000 | 4,910,000,000 | 4,941,000,000 | 5,108,000,000 | 5,192,000,000 | 5,266,000,000 | 5,292,000,000 | 4,689,000,000 | 5,017,000,000 | 5,072,000,000 | 3,928,000,000 | 3,895,000,000 | 3,980,000,000 | 3,724,000,000 | 3,910,000,000 | 3,879,000,000 | 3,652,000,000 | 3,545,000,000 | 3,480,000,000 | 3,797,000,000 | 3,017,000,000 | 2,940,000,000 | 2,928,000,000 | 3,101,000,000 | 2,805,000,000 | 4,104,000,000 | 3,905,000,000 | 2,767,000,000 | 2,242,000,000 | 2,165,000,000 | 2,120,000,000 | 2,081,000,000 | 2,046,000,000 | 1,842,000,000 | 1,834,000,000 | 1,789,000,000 | 1,605,000,000 | 1,600,000,000 | 1,622,000,000 | 1,574,000,000 | 1,364,000,000 | 1,331,000,000 | 1,306,000,000 | 1,361,000,000 | 1,300,000,000 | 1,302,000,000 | 1,251,000,000 | 1,246,000,000 | |
total liabilities | 18,904,000,000 | 18,669,000,000 | 17,911,000,000 | 17,200,000,000 | 16,266,000,000 | 16,665,000,000 | 16,855,000,000 | 16,252,000,000 | 16,059,000,000 | 16,632,000,000 | 16,534,000,000 | 16,935,000,000 | 16,615,000,000 | 17,224,000,000 | 17,187,000,000 | 17,736,000,000 | 17,628,000,000 | 17,609,000,000 | 17,351,000,000 | 17,664,000,000 | 16,585,000,000 | 17,327,000,000 | 17,410,000,000 | 15,413,000,000 | 15,572,000,000 | 15,901,000,000 | 14,195,000,000 | 14,054,000,000 | 13,615,000,000 | 13,619,000,000 | 12,414,000,000 | 12,189,000,000 | 12,346,000,000 | 11,724,000,000 | 10,711,000,000 | 9,750,000,000 | 9,926,000,000 | 9,939,000,000 | 11,022,000,000 | 10,981,000,000 | 9,958,000,000 | 9,684,000,000 | 8,828,000,000 | 8,833,000,000 | 7,951,000,000 | 8,411,000,000 | 7,965,000,000 | 8,000,000,000 | 7,825,000,000 | 6,916,000,000 | 6,935,000,000 | 7,205,000,000 | 7,842,000,000 | 7,524,000,000 | 7,352,000,000 | 7,122,000,000 | 6,719,000,000 | 6,482,000,000 | 6,519,000,000 | 6,305,000,000 | 6,407,000,000 | |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1.9 billion and 1.8 billion | 925,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital – common stock | 17,704,000,000 | 17,580,000,000 | 17,503,000,000 | 17,389,000,000 | 17,327,000,000 | 17,264,000,000 | 17,177,000,000 | 17,081,000,000 | 16,998,000,000 | 16,929,000,000 | 16,877,000,000 | 16,817,000,000 | 16,746,000,000 | 16,682,000,000 | 16,649,000,000 | 16,590,000,000 | 16,531,000,000 | 16,475,000,000 | 16,398,000,000 | 16,352,000,000 | 14,722,000,000 | 14,642,000,000 | 14,494,000,000 | 14,398,000,000 | 14,340,000,000 | 14,323,000,000 | 14,295,000,000 | 14,277,000,000 | 14,243,000,000 | 14,212,000,000 | 14,201,000,000 | 14,158,000,000 | 14,119,000,000 | 14,089,000,000 | 14,013,000,000 | 13,962,000,000 | 13,888,000,000 | 13,695,000,000 | 13,340,000,000 | 13,668,000,000 | 13,638,000,000 | 13,352,000,000 | 13,590,000,000 | 13,578,000,000 | 13,552,000,000 | 13,456,000,000 | 13,336,000,000 | 13,305,000,000 | 13,072,000,000 | |||||||||||||
retained earnings | 16,680,000,000 | 16,551,000,000 | 16,253,000,000 | 15,823,000,000 | 15,839,000,000 | 15,926,000,000 | 15,859,000,000 | 15,976,000,000 | 16,358,000,000 | 16,391,000,000 | 16,673,000,000 | 16,509,000,000 | 16,713,000,000 | 16,778,000,000 | 17,044,000,000 | 16,837,000,000 | 16,737,000,000 | 16,389,000,000 | 16,110,000,000 | 15,739,000,000 | 16,509,000,000 | 16,120,000,000 | 16,065,000,000 | 15,847,000,000 | 16,114,000,000 | 16,408,000,000 | 16,555,000,000 | 16,399,000,000 | 16,489,000,000 | 16,303,000,000 | 16,186,000,000 | 15,731,000,000 | 15,166,000,000 | 15,930,000,000 | 17,533,000,000 | 17,303,000,000 | 17,030,000,000 | 16,880,000,000 | 15,460,000,000 | 15,331,000,000 | 13,290,000,000 | 13,832,000,000 | 13,769,000,000 | 13,727,000,000 | 13,405,000,000 | 13,021,000,000 | 12,339,000,000 | 11,478,000,000 | 11,465,000,000 | 11,017,000,000 | 10,754,000,000 | 10,262,000,000 | 10,588,000,000 | 10,438,000,000 | 10,029,000,000 | 9,679,000,000 | 9,332,000,000 | 8,958,000,000 | 8,227,000,000 | 7,550,000,000 | 6,881,000,000 | |
treasury stock | -21,206,000,000 | -21,143,000,000 | -21,127,000,000 | -21,085,000,000 | -21,012,000,000 | -20,882,000,000 | -20,845,000,000 | -20,799,000,000 | -20,672,000,000 | -20,637,000,000 | -20,633,000,000 | -20,630,000,000 | -20,548,000,000 | -20,532,000,000 | -20,528,000,000 | -20,509,000,000 | -20,419,000,000 | -20,263,000,000 | -20,011,000,000 | -19,986,000,000 | -19,934,000,000 | -19,928,000,000 | -19,926,000,000 | -19,924,000,000 | -19,918,000,000 | -19,812,000,000 | -19,588,000,000 | -19,279,000,000 | -19,116,000,000 | -18,870,000,000 | -18,517,000,000 | -18,132,000,000 | -17,449,000,000 | -16,633,000,000 | -16,236,000,000 | -15,204,000,000 | -14,564,000,000 | -14,152,000,000 | -13,508,000,000 | -11,566,000,000 | -10,747,000,000 | -9,725,000,000 | -8,699,000,000 | -7,871,000,000 | -7,243,000,000 | -6,727,000,000 | -6,543,000,000 | -6,340,000,000 | -5,950,000,000 | -3,237,000,000 | -3,022,000,000 | -2,779,000,000 | -2,773,000,000 | -2,646,000,000 | -2,458,000,000 | -2,121,000,000 | -2,024,000,000 | -1,243,000,000 | -1,242,000,000 | -1,240,000,000 | -1,227,000,000 | |
accumulated other comprehensive loss | -2,291,000,000 | -2,105,000,000 | -2,017,000,000 | -1,934,000,000 | -2,360,000,000 | -2,543,000,000 | -2,008,000,000 | -2,592,000,000 | -2,375,000,000 | -2,048,000,000 | -2,402,000,000 | -2,199,000,000 | -1,897,000,000 | -1,830,000,000 | -2,791,000,000 | -2,094,000,000 | -1,362,000,000 | -1,175,000,000 | -1,259,000,000 | -1,052,000,000 | -1,092,000,000 | -740,000,000 | -1,134,000,000 | -1,432,000,000 | -1,497,000,000 | -1,171,000,000 | -1,387,000,000 | -1,130,000,000 | -1,166,000,000 | -1,010,000,000 | -1,136,000,000 | -1,035,000,000 | -577,000,000 | -842,000,000 | -1,146,000,000 | -1,201,000,000 | -1,196,000,000 | -1,676,000,000 | -715,000,000 | -966,000,000 | -1,404,000,000 | -1,811,000,000 | -1,803,000,000 | -1,591,000,000 | -1,556,000,000 | -300,000,000 | -136,000,000 | -140,000,000 | ||||||||||||||
total corning incorporated shareholders’ equity | 11,812,000,000 | 11,807,000,000 | 11,536,000,000 | 11,116,000,000 | 10,716,000,000 | 10,686,000,000 | 11,103,000,000 | 10,585,000,000 | 11,226,000,000 | 11,551,000,000 | 11,430,000,000 | 11,412,000,000 | 11,925,000,000 | 12,008,000,000 | 11,284,000,000 | 11,734,000,000 | 12,395,000,000 | 12,333,000,000 | 12,145,000,000 | 11,960,000,000 | 13,369,000,000 | 13,257,000,000 | 12,660,000,000 | 12,049,000,000 | 12,198,000,000 | 12,907,000,000 | 13,034,000,000 | 13,425,000,000 | 13,607,000,000 | 13,792,000,000 | 13,890,000,000 | 13,877,000,000 | 14,413,000,000 | 15,698,000,000 | 17,317,000,000 | 18,012,000,000 | 18,308,000,000 | 17,721,000,000 | 19,609,000,000 | 17,918,000,000 | 18,788,000,000 | 19,997,000,000 | 20,983,000,000 | 21,298,000,000 | 21,579,000,000 | 21,779,000,000 | 21,763,000,000 | 21,650,000,000 | 21,749,000,000 | 21,378,000,000 | 21,344,000,000 | 21,486,000,000 | 21,839,000,000 | 21,354,000,000 | 21,317,000,000 | 21,078,000,000 | 21,640,000,000 | 21,255,000,000 | 20,304,000,000 | 19,375,000,000 | ||
non-controlling interest | 537,000,000 | 500,000,000 | 469,000,000 | 429,000,000 | 412,000,000 | 384,000,000 | 364,000,000 | 342,000,000 | 333,000,000 | 317,000,000 | 314,000,000 | 298,000,000 | 282,000,000 | 267,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 12,349,000,000 | 12,307,000,000 | 12,005,000,000 | 11,545,000,000 | 11,128,000,000 | 11,070,000,000 | 11,467,000,000 | 10,927,000,000 | 11,559,000,000 | 11,868,000,000 | 11,744,000,000 | 11,710,000,000 | 12,207,000,000 | 12,275,000,000 | 11,548,000,000 | 11,982,000,000 | 12,629,000,000 | 12,545,000,000 | 12,355,000,000 | 12,142,000,000 | 13,558,000,000 | 13,448,000,000 | 12,857,000,000 | 12,133,000,000 | 12,287,000,000 | 12,997,000,000 | 13,134,000,000 | 13,521,000,000 | 13,706,000,000 | 13,886,000,000 | 13,978,000,000 | 13,951,000,000 | 14,488,000,000 | 15,770,000,000 | 17,383,000,000 | 18,080,000,000 | 18,379,000,000 | 17,960,000,000 | 17,787,000,000 | 19,672,000,000 | 17,987,000,000 | 18,863,000,000 | 20,070,000,000 | 21,055,000,000 | 21,372,000,000 | 21,652,000,000 | 21,850,000,000 | 21,832,000,000 | 21,719,000,000 | 21,798,000,000 | 21,454,000,000 | 21,390,000,000 | 21,533,000,000 | 21,886,000,000 | 21,402,000,000 | 21,367,000,000 | 21,129,000,000 | 21,691,000,000 | 21,306,000,000 | 20,355,000,000 | 19,426,000,000 | |
total liabilities and equity | 31,253,000,000 | 30,976,000,000 | 29,916,000,000 | 28,745,000,000 | 27,394,000,000 | 27,735,000,000 | 28,322,000,000 | 27,179,000,000 | 27,618,000,000 | 28,500,000,000 | 28,278,000,000 | 28,645,000,000 | 28,822,000,000 | 29,499,000,000 | 28,735,000,000 | 29,718,000,000 | 30,257,000,000 | 30,154,000,000 | 29,706,000,000 | 29,806,000,000 | 30,143,000,000 | 30,775,000,000 | 30,267,000,000 | 27,546,000,000 | 27,859,000,000 | 28,898,000,000 | 27,329,000,000 | 27,575,000,000 | 27,321,000,000 | 27,505,000,000 | 26,392,000,000 | 26,140,000,000 | 26,834,000,000 | 27,494,000,000 | 28,094,000,000 | 27,830,000,000 | 28,305,000,000 | 27,899,000,000 | 28,809,000,000 | 30,653,000,000 | 27,945,000,000 | 28,547,000,000 | 28,898,000,000 | 29,888,000,000 | 29,323,000,000 | 30,063,000,000 | 29,815,000,000 | 29,832,000,000 | 29,544,000,000 | 28,714,000,000 | 28,389,000,000 | 28,595,000,000 | 29,375,000,000 | 29,410,000,000 | 28,754,000,000 | 28,489,000,000 | 27,848,000,000 | 28,173,000,000 | 27,825,000,000 | 26,660,000,000 | 25,833,000,000 | |
trade accounts receivable, net of doubtful accounts - 27 and 33 | 2,779,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1.8 billion and 1.8 billion | 924,000,000 | 924,000,000 | 923,000,000 | 922,000,000 | 921,000,000 | 920,000,000 | 919,000,000 | 917,000,000 | 916,000,000 | 915,000,000 | 915,000,000 | 911,000,000 | 910,000,000 | 910,000,000 | 910,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 29 and 33 | 2,509,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 31 and 33 | 2,298,000,000 | 2,045,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 33 and 30 | 2,053,000,000 | 1,986,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 31 and 30 | 1,721,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 29 and 30 | 1,621,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 30 and 40 | 1,572,000,000 | 1,725,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 29 and 40 | 1,674,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 27 and 40 | 1,688,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 40 and 42 | 1,721,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 39 and 42 | 1,620,000,000 | 1,910,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests | 264,000,000 | 248,000,000 | 234,000,000 | 210,000,000 | 182,000,000 | 189,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 38 and 42 | 1,786,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock – par value 100 per share; shares authorized 10 million; shares issued: 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1.8 billion and 1.8 billion | 908,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 42 and 46 | 2,004,000,000 | 2,057,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, series a – par value 100 per share; shares authorized 10 million; shares issued: 0 and 2,300 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1.8 billion and 1.7 billion | 907,000,000 | 907,000,000 | 907,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest | 212,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 43 and 46 | 2,114,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, series a – par value 100 per share; shares authorized 0 and 3,100; shares issued: 0 and 2,300 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 44 and 46 | 1,900,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, series a – par value 100 per share; shares authorized 3,100; shares issued: 2,300 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | ||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,729 million and 1,726 million | 864,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts - 46 and 41 | 2,133,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments, contingencies and guarantees | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, series a – par value 100 per share; shares authorized 3,100; shares issued: 2,300 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | 2,300,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion; shares issued: 1,726 million and 1,718 million | 863,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 191,000,000 | 197,000,000 | 84,000,000 | 89,000,000 | 90,000,000 | 100,000,000 | 96,000,000 | 99,000,000 | 94,000,000 | 88,000,000 | 74,000,000 | 75,000,000 | 72,000,000 | 66,000,000 | 68,000,000 | 71,000,000 | 67,000,000 | 66,000,000 | 63,000,000 | 69,000,000 | 75,000,000 | 73,000,000 | 72,000,000 | 74,000,000 | 73,000,000 | 71,000,000 | 69,000,000 | 69,000,000 | 49,000,000 | 76,000,000 | 46,000,000 | 47,000,000 | 47,000,000 | 48,000,000 | 50,000,000 | 51,000,000 | 51,000,000 | 51,000,000 | 51,000,000 | 51,000,000 | ||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 43 and 41 | 2,099,000,000 | 1,712,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments | 354,000,000 | 329,000,000 | 320,000,000 | 334,000,000 | 339,000,000 | 344,000,000 | 346,000,000 | 376,000,000 | 322,000,000 | 339,000,000 | 345,000,000 | 340,000,000 | 352,000,000 | 348,000,000 | 337,000,000 | 336,000,000 | 352,000,000 | 346,000,000 | 2,072,000,000 | 1,975,000,000 | 1,826,000,000 | 1,844,000,000 | 1,764,000,000 | 1,801,000,000 | 2,002,000,000 | 2,013,000,000 | 1,976,000,000 | 5,160,000,000 | 4,809,000,000 | 4,726,000,000 | 4,915,000,000 | 5,172,000,000 | 4,870,000,000 | 4,554,000,000 | 4,726,000,000 | 4,890,000,000 | 5,029,000,000 | 4,569,000,000 | 4,372,000,000 | |||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,722 million and 1,718 million | 861,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,720 million and 1,718 million | 860,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 44 and 41 | 1,708,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,719 million and 1,718 million | 859,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 81 and 64 | 1,836,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion; shares issued: 1,718 million and 1,713 million | 859,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 80 and 64 | 2,024,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,717 million and 1,713 million | 859,000,000 | 858,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 71 and 64 | 2,103,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 69 and 64 | 1,974,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,715 million and 1,713 million | 857,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 64 and 60 | 1,940,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion; shares issued: 1,713 million and 1,708 million | 857,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 60 and 60 | 1,973,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1.7 billion and 1.7 billion | 856,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 65 and 60 | 1,842,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,711 million and 1,708 million | 855,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 61 and 60 | 1,747,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,709 million and 1,708 million | 854,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 60 and 59 | 1,807,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion; shares issued: 1,708 million and 1,691 million | 854,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 63 and 59 | 1,748,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,706 million and 1,691 million | 853,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 62 and 59 | 1,640,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,705 million and 1,691 million | 852,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at fair value | 28,000,000 | 100,000,000 | 573,000,000 | 505,000,000 | 763,000,000 | 759,000,000 | 751,000,000 | 768,000,000 | 644,000,000 | 886,000,000 | 870,000,000 | 978,000,000 | 1,156,000,000 | 1,399,000,000 | 1,337,000,000 | 1,346,000,000 | 1,164,000,000 | 1,520,000,000 | 1,748,000,000 | 1,733,000,000 | 1,752,000,000 | |||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 56 and 59 | 1,583,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,700 million and 1,691 million | 850,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 59 and 48 | 1,481,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion; shares issued: 1,691 million and 1,681 million | 846,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total corning incorporated shareholders' equity | 17,893,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 62 and 48 | 1,645,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,689 million and 1,681 million | 844,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 60 and 48 | 1,544,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,685 million and 1,681 million | 842,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 46 and 48 | 1,388,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,682 million and 1,681 million | 841,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cash, cash equivalents and short-term investments | 4,600,000,000 | 5,013,000,000 | 5,473,000,000 | 5,067,000,000 | 6,068,000,000 | 6,104,000,000 | 5,886,000,000 | 5,612,000,000 | 5,446,000,000 | 5,471,000,000 | 5,775,000,000 | 6,144,000,000 | 6,351,000,000 | 6,345,000,000 | 6,836,000,000 | 5,825,000,000 | 6,421,000,000 | 6,357,000,000 | 6,303,000,000 | 6,350,000,000 | ||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 48 and 47 | 1,372,000,000 | 1,479,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion; shares issued: 1,681 million and 1,672 million | 840,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 101,000,000 | 102,000,000 | 106,000,000 | 36,000,000 | 455,000,000 | 450,000,000 | 468,000,000 | 23,000,000 | 72,000,000 | 74,000,000 | 76,000,000 | 130,000,000 | 29,000,000 | 27,000,000 | 27,000,000 | 27,000,000 | 26,000,000 | 26,000,000 | 57,000,000 | |||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,680 million and 1,672 million | 840,000,000 | 840,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 46 and 47 | 1,545,000,000 | 1,487,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,679 million and 1,672 million | 840,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 47 and 28 | 1,501,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion; shares issued: 1,672 million and 1,661 million | 836,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -1,307,000,000 | -489,000,000 | 185,000,000 | -70,000,000 | -75,000,000 | -388,000,000 | -132,000,000 | 105,000,000 | -89,000,000 | 93,000,000 | 464,000,000 | 223,000,000 | 43,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 36 and 28 | 1,601,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 8,412 and 7,865 | 13,033,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other intangible assets | 1,653,000,000 | 1,682,000,000 | 1,665,000,000 | 1,551,000,000 | 1,559,000,000 | 1,485,000,000 | 1,496,000,000 | 912,000,000 | 916,000,000 | 922,000,000 | 926,000,000 | 881,000,000 | 883,000,000 | 885,000,000 | 716,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,671 million and 1,661 million | 836,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 31 and 28 | 1,645,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 8,456 and 7,865 | 13,523,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,669 million and 1,661 million | 835,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 32 and 28 | 1,588,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 8,141 and 7,865 | 13,344,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,667 million and 1,661 million | 833,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 28 and 26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,865 and 7,652 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion shares issued: 1,661 million and 1,649 million | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 13,215,000,000 | 13,206,000,000 | 13,167,000,000 | 13,146,000,000 | 13,118,000,000 | 13,096,000,000 | 13,077,000,000 | 13,041,000,000 | 13,014,000,000 | 12,989,000,000 | 12,954,000,000 | 12,865,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 30 and 26 | 1,392,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,897 and 7,652 | 9,977,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,658 million and 1,649 million | 829,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 31 and 26 | 1,296,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,683 and 7,652 | 9,954,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,656 million and 1,649 million | 828,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 25 and 26 | 1,243,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,606 and 7,652 | 10,171,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,653 million and 1,649 million | 826,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 26 and 19 | 1,302,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,652 and 7,204 | 10,625,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion shares issued: 1,649 million and 1,636 million | 825,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 24 and 19 | 1,248,000,000 | 1,157,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,745 and 7,204 | 11,036,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,647 million and 1,636 million | 824,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,486 and 7,204 | 10,751,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,645 million and 1,636 million | 823,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 23 and 19 | 1,108,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,210 and 7,204 | 10,373,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,644 million and 1,636 million | 822,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 19 and 20 | 1,082,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,204 and 6,420 | 10,671,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - par value 0.50 per share; shares authorized: 3.8 billion shares issued: 1,636 million and 1,626 million | 818,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 23 and 20 | 1,189,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 7,089 and 6,420 | 10,266,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,635 million and 1,626 million | 818,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 24 and 20 | 1,252,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 6,824 and 6,420 | 9,755,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized 3.8 billion; shares issued: 1,634 million and 1,626 million | 817,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable, net of doubtful accounts and allowances - 20 and 20 | 1,107,000,000 | 973,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 6,565 and 6,420 | 9,235,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – par value 0.50 per share; shares authorized: 3.8 billion; shares issued: 1,633 million and 1,626 million | 817,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation - 6,420 and 5,503 | 8,943,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - par value 0.50 per share; shares authorized: 3.8 billion shares issued: 1,626 million and 1,616 million | 813,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 408,000,000 | 587,000,000 | 470,000,000 | 500,000,000 | 185,000,000 | 340,000,000 | -95,000,000 | 122,000,000 | 225,000,000 | -28,000,000 | 182,000,000 | 303,000,000 | 191,000,000 | -27,000,000 | 226,000,000 | 606,000,000 | 581,000,000 | 487,000,000 | 371,000,000 | 449,000,000 | 599,000,000 | 252,000,000 | 427,000,000 | -71,000,000 | -96,000,000 | 32,000,000 | 337,000,000 | 92,000,000 | 499,000,000 | 292,000,000 | 625,000,000 | 738,000,000 | -589,000,000 | -1,412,000,000 | 390,000,000 | 439,000,000 | 86,000,000 | 1,572,000,000 | 284,000,000 | 2,207,000,000 | -368,000,000 | 224,000,000 | 212,000,000 | 496,000,000 | 407,000,000 | 988,000,000 | 1,014,000,000 | 169,000,000 | 301,000,000 | 408,000,000 | 638,000,000 | 494,000,000 | 283,000,000 | 521,000,000 | 462,000,000 | 462,000,000 | 491,000,000 | 811,000,000 | 755,000,000 | 748,000,000 | |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 334,000,000 | 324,000,000 | 310,000,000 | 312,000,000 | 291,000,000 | 305,000,000 | 310,000,000 | 307,000,000 | 307,000,000 | 315,000,000 | 310,000,000 | 312,000,000 | 310,000,000 | 315,000,000 | 327,000,000 | 345,000,000 | 342,000,000 | 347,000,000 | 339,000,000 | 336,000,000 | 330,000,000 | 358,000,000 | 361,000,000 | 324,000,000 | 356,000,000 | 364,000,000 | 368,000,000 | 352,000,000 | 306,000,000 | 304,000,000 | 291,000,000 | 300,000,000 | 304,000,000 | 284,000,000 | 276,000,000 | 263,000,000 | 260,000,000 | 287,000,000 | 283,000,000 | 280,000,000 | 281,000,000 | 288,000,000 | 280,000,000 | 283,000,000 | 279,000,000 | 290,000,000 | 294,000,000 | 294,000,000 | 289,000,000 | 240,000,000 | 242,000,000 | 248,000,000 | 261,000,000 | 244,000,000 | 238,000,000 | 235,000,000 | 243,000,000 | 241,000,000 | 232,000,000 | 226,000,000 | |
amortization of purchased intangibles | 23,000,000 | 27,000,000 | 27,000,000 | 28,000,000 | 28,000,000 | 30,000,000 | 31,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 31,000,000 | 31,000,000 | 31,000,000 | 31,000,000 | 30,000,000 | 31,000,000 | 32,000,000 | 32,000,000 | 33,000,000 | 32,000,000 | 34,000,000 | 33,000,000 | 28,000,000 | 26,000,000 | 28,000,000 | 28,000,000 | 28,000,000 | 29,000,000 | 26,000,000 | 27,000,000 | 22,000,000 | 19,000,000 | 22,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 17,000,000 | 15,000,000 | 14,000,000 | 14,000,000 | 12,000,000 | 16,000,000 | 12,000,000 | 8,000,000 | 9,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 7,000,000 | 6,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | |
share-based compensation expense | 115,000,000 | 70,000,000 | 99,000,000 | 63,000,000 | 54,000,000 | 71,000,000 | 76,000,000 | 66,000,000 | 60,000,000 | 50,000,000 | 57,000,000 | 59,000,000 | 52,000,000 | 30,000,000 | 52,000,000 | 51,000,000 | 42,000,000 | 73,000,000 | 39,000,000 | 80,000,000 | |||||||||||||||||||||||||||||||||||||||||
translation loss on foreign denominated debt | -6,000,000 | -14,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit | -62,000,000 | -206,000,000 | 76,000,000 | 34,000,000 | -90,000,000 | -40,000,000 | -51,000,000 | 6,000,000 | -40,000,000 | 14,000,000 | 45,000,000 | -121,000,000 | 739,000,000 | -149,000,000 | -553,000,000 | -345,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
translated earnings contract loss | 16,000,000 | 101,000,000 | -39,000,000 | 8,000,000 | -458,000,000 | 622,000,000 | -26,000,000 | -219,000,000 | 438,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts receivable | 12,000,000 | -320,000,000 | -226,000,000 | -213,000,000 | 10,000,000 | -224,000,000 | -209,000,000 | -123,000,000 | -161,000,000 | 187,000,000 | -73,000,000 | -36,000,000 | -28,000,000 | -48,000,000 | 106,000,000 | 48,000,000 | 7,000,000 | 92,000,000 | -97,000,000 | -158,000,000 | 109,000,000 | 7,000,000 | -308,000,000 | -16,000,000 | 43,000,000 | 217,000,000 | 32,000,000 | -165,000,000 | -36,000,000 | 43,000,000 | -156,000,000 | -135,000,000 | 94,000,000 | -35,000,000 | -92,000,000 | -44,000,000 | -54,000,000 | 78,000,000 | -81,000,000 | -124,000,000 | 21,000,000 | 110,000,000 | 77,000,000 | -60,000,000 | 35,000,000 | 47,000,000 | -52,000,000 | -32,000,000 | 21,000,000 | -83,000,000 | -73,000,000 | 17,000,000 | -123,000,000 | -81,000,000 | -19,000,000 | -49,000,000 | 98,000,000 | 61,000,000 | -122,000,000 | -121,000,000 | |
inventories | -232,000,000 | 23,000,000 | -28,000,000 | -92,000,000 | -146,000,000 | -37,000,000 | -45,000,000 | -3,000,000 | -86,000,000 | 26,000,000 | 73,000,000 | 41,000,000 | 17,000,000 | 115,000,000 | -201,000,000 | -277,000,000 | -159,000,000 | -31,000,000 | -90,000,000 | -26,000,000 | 44,000,000 | 183,000,000 | 187,000,000 | 120,000,000 | -67,000,000 | 40,000,000 | -81,000,000 | -98,000,000 | -159,000,000 | -111,000,000 | -42,000,000 | -95,000,000 | -98,000,000 | -4,000,000 | -56,000,000 | -61,000,000 | -49,000,000 | 1,000,000 | -3,000,000 | -24,000,000 | -42,000,000 | -17,000,000 | -6,000,000 | -25,000,000 | 14,000,000 | -27,000,000 | -73,000,000 | -138,000,000 | 8,000,000 | 4,000,000 | -47,000,000 | 12,000,000 | -31,000,000 | -27,000,000 | -64,000,000 | -79,000,000 | |||||
other current assets | -56,000,000 | -6,000,000 | -151,000,000 | -75,000,000 | -30,000,000 | 31,000,000 | -122,000,000 | -18,000,000 | 2,000,000 | -22,000,000 | -9,000,000 | 13,000,000 | -62,000,000 | -134,000,000 | 72,000,000 | 4,000,000 | -81,000,000 | -14,000,000 | -57,000,000 | -127,000,000 | -26,000,000 | -6,000,000 | -39,000,000 | 30,000,000 | -10,000,000 | -80,000,000 | -56,000,000 | -67,000,000 | -97,000,000 | 16,000,000 | -6,000,000 | 62,000,000 | -92,000,000 | -63,000,000 | -9,000,000 | -40,000,000 | -60,000,000 | 60,000,000 | 29,000,000 | 5,000,000 | -76,000,000 | 147,000,000 | -104,000,000 | -87,000,000 | -13,000,000 | -33,000,000 | -11,000,000 | 0 | 28,000,000 | 11,000,000 | -16,000,000 | -11,000,000 | -7,000,000 | -47,000,000 | 29,000,000 | -7,000,000 | -16,000,000 | -26,000,000 | |||
accounts payable and other current liabilities | -80,000,000 | 193,000,000 | 450,000,000 | 194,000,000 | -253,000,000 | 204,000,000 | 318,000,000 | 21,000,000 | -73,000,000 | 25,000,000 | 173,000,000 | -67,000,000 | -369,000,000 | 324,000,000 | -184,000,000 | 381,000,000 | 269,000,000 | 183,000,000 | -27,000,000 | 196,000,000 | 96,000,000 | -28,000,000 | -207,000,000 | 107,000,000 | 294,000,000 | -66,000,000 | -299,000,000 | 264,000,000 | 240,000,000 | 16,000,000 | -162,000,000 | 292,000,000 | 194,000,000 | -87,000,000 | -230,000,000 | 229,000,000 | 129,000,000 | 178,000,000 | -293,000,000 | 148,000,000 | -103,000,000 | 123,000,000 | -314,000,000 | 45,000,000 | 29,000,000 | -413,000,000 | -37,000,000 | -129,000,000 | -112,000,000 | ||||||||||||
customer deposits and government incentives | -171,000,000 | 317,000,000 | -92,000,000 | 59,000,000 | -16,000,000 | -54,000,000 | 66,000,000 | 7,000,000 | -25,000,000 | -25,000,000 | -11,000,000 | 11,000,000 | -17,000,000 | -34,000,000 | 140,000,000 | 13,000,000 | -9,000,000 | 54,000,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred income | -38,000,000 | 50,000,000 | -38,000,000 | -41,000,000 | -29,000,000 | -50,000,000 | 93,000,000 | -36,000,000 | -34,000,000 | 6,000,000 | 13,000,000 | -18,000,000 | -6,000,000 | -34,000,000 | 9,000,000 | 1,000,000 | -25,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
other | 99,000,000 | 155,000,000 | 95,000,000 | 61,000,000 | -37,000,000 | 148,000,000 | -7,000,000 | 71,000,000 | 2,000,000 | 59,000,000 | -51,000,000 | 3,000,000 | -153,000,000 | 36,000,000 | -15,000,000 | 49,000,000 | -50,000,000 | 14,000,000 | 14,000,000 | 2,000,000 | -127,000,000 | -66,000,000 | 109,000,000 | 80,000,000 | 4,000,000 | -7,000,000 | 74,000,000 | -29,000,000 | -33,000,000 | 180,000,000 | -11,000,000 | -140,000,000 | 32,000,000 | 106,000,000 | 3,000,000 | 112,000,000 | 2,000,000 | 115,000,000 | 26,000,000 | 23,000,000 | -43,000,000 | 225,000,000 | -61,000,000 | 29,000,000 | -13,000,000 | -170,000,000 | 335,000,000 | 46,000,000 | -42,000,000 | -41,000,000 | -12,000,000 | 141,000,000 | -48,000,000 | 62,000,000 | 166,000,000 | -110,000,000 | 34,000,000 | 67,000,000 | -55,000,000 | -144,000,000 | |
net cash from operating activities | 362,000,000 | 1,052,000,000 | 784,000,000 | 708,000,000 | 151,000,000 | 623,000,000 | 699,000,000 | 521,000,000 | 96,000,000 | 713,000,000 | 722,000,000 | 619,000,000 | -49,000,000 | 617,000,000 | 706,000,000 | 758,000,000 | 534,000,000 | 1,023,000,000 | 895,000,000 | 771,000,000 | 723,000,000 | 774,000,000 | 608,000,000 | 550,000,000 | 248,000,000 | 1,018,000,000 | 889,000,000 | 153,000,000 | -29,000,000 | 941,000,000 | 943,000,000 | 715,000,000 | 320,000,000 | 888,000,000 | 645,000,000 | 280,000,000 | 191,000,000 | 1,426,000,000 | 652,000,000 | 526,000,000 | -83,000,000 | 964,000,000 | 697,000,000 | 547,000,000 | 601,000,000 | 1,112,000,000 | 1,117,000,000 | 743,000,000 | 1,737,000,000 | 485,000,000 | 395,000,000 | 623,000,000 | 1,240,000,000 | 634,000,000 | 570,000,000 | 762,000,000 | 1,157,000,000 | 913,000,000 | 546,000,000 | 573,000,000 | |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -332,000,000 | -432,000,000 | -334,000,000 | -308,000,000 | -208,000,000 | -254,000,000 | -217,000,000 | -242,000,000 | -252,000,000 | -279,000,000 | -341,000,000 | -388,000,000 | -382,000,000 | -403,000,000 | -465,000,000 | -353,000,000 | -383,000,000 | -623,000,000 | -401,000,000 | -324,000,000 | -289,000,000 | -391,000,000 | -153,000,000 | -288,000,000 | -545,000,000 | -376,000,000 | -508,000,000 | -570,000,000 | -524,000,000 | -613,000,000 | -452,000,000 | -522,000,000 | -655,000,000 | -557,000,000 | -486,000,000 | -397,000,000 | -364,000,000 | -315,000,000 | -282,000,000 | -263,000,000 | -270,000,000 | -311,000,000 | -298,000,000 | -308,000,000 | -333,000,000 | -336,000,000 | -262,000,000 | -232,000,000 | -246,000,000 | -244,000,000 | -244,000,000 | -194,000,000 | -526,000,000 | -422,000,000 | -441,000,000 | -412,000,000 | -766,000,000 | -640,000,000 | -494,000,000 | -532,000,000 | |
free cash flows | 30,000,000 | 620,000,000 | 450,000,000 | 400,000,000 | -57,000,000 | 369,000,000 | 482,000,000 | 279,000,000 | -156,000,000 | 434,000,000 | 381,000,000 | 231,000,000 | -431,000,000 | 214,000,000 | 241,000,000 | 405,000,000 | 151,000,000 | 400,000,000 | 494,000,000 | 447,000,000 | 434,000,000 | 383,000,000 | 455,000,000 | 262,000,000 | -297,000,000 | 642,000,000 | 381,000,000 | -417,000,000 | -553,000,000 | 328,000,000 | 491,000,000 | 193,000,000 | -335,000,000 | 331,000,000 | 159,000,000 | -117,000,000 | -173,000,000 | 1,111,000,000 | 370,000,000 | 263,000,000 | -353,000,000 | 653,000,000 | 399,000,000 | 239,000,000 | 268,000,000 | 776,000,000 | 855,000,000 | 511,000,000 | 1,491,000,000 | 241,000,000 | 151,000,000 | 429,000,000 | 714,000,000 | 212,000,000 | 129,000,000 | 350,000,000 | 391,000,000 | 273,000,000 | 52,000,000 | 41,000,000 | |
proceeds from chips act incentives | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gains on translated earnings contracts and other | 150,000,000 | 112,000,000 | 85,000,000 | 51,000,000 | 56,000,000 | 40,000,000 | 71,000,000 | 74,000,000 | 94,000,000 | 56,000,000 | 93,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -203,000,000 | -478,000,000 | -299,000,000 | -301,000,000 | -165,000,000 | -207,000,000 | -199,000,000 | -154,000,000 | -184,000,000 | -230,000,000 | -255,000,000 | -287,000,000 | -228,000,000 | -386,000,000 | -402,000,000 | -289,000,000 | -278,000,000 | -616,000,000 | -388,000,000 | -127,000,000 | -288,000,000 | -378,000,000 | -148,000,000 | -245,000,000 | -539,000,000 | -357,000,000 | -500,000,000 | -551,000,000 | -483,000,000 | -621,000,000 | -511,000,000 | -1,111,000,000 | -644,000,000 | -492,000,000 | -584,000,000 | -308,000,000 | -326,000,000 | -294,000,000 | -282,000,000 | 4,314,000,000 | -76,000,000 | 137,000,000 | -199,000,000 | 90,000,000 | -713,000,000 | -209,000,000 | -170,000,000 | -282,000,000 | -301,000,000 | -225,000,000 | -228,000,000 | -122,000,000 | -1,007,000,000 | -482,000,000 | -535,000,000 | -604,000,000 | -476,000,000 | -418,000,000 | -505,000,000 | -657,000,000 | |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of debt | -13,000,000 | -16,000,000 | -3,000,000 | -232,000,000 | -47,000,000 | -13,000,000 | -212,000,000 | -5,000,000 | -37,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt and short-term borrowings | 427,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from cross currency swap | 0 | 0 | 0 | 24,000,000 | 66,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of employee withholding tax on stock awards | -63,000,000 | -11,000,000 | -17,000,000 | -41,000,000 | -29,000,000 | -5,000,000 | -18,000,000 | -24,000,000 | -34,000,000 | -3,000,000 | -4,000,000 | -3,000,000 | -2,000,000 | -4,000,000 | -2,000,000 | -2,000,000 | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 14,000,000 | 10,000,000 | 19,000,000 | 1,000,000 | 11,000,000 | 19,000,000 | 23,000,000 | 21,000,000 | 13,000,000 | 3,000,000 | 4,000,000 | 19,000,000 | 16,000,000 | 5,000,000 | 7,000,000 | 10,000,000 | 18,000,000 | 6,000,000 | 9,000,000 | 31,000,000 | 51,000,000 | 75,000,000 | |||||||||||||||||||||||||||||||||||||||
purchases of common stock for treasury | -5,000,000 | -25,000,000 | -33,000,000 | -100,000,000 | -30,000,000 | -30,000,000 | 0 | -20,000,000 | -52,000,000 | -149,000,000 | -252,000,000 | -21,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid | -244,000,000 | -255,000,000 | -241,000,000 | -261,000,000 | -242,000,000 | -249,000,000 | -242,000,000 | -252,000,000 | -243,000,000 | -248,000,000 | -246,000,000 | -256,000,000 | -239,000,000 | -236,000,000 | -234,000,000 | -234,000,000 | -228,000,000 | -212,000,000 | -217,000,000 | -234,000,000 | -208,000,000 | -200,000,000 | -204,000,000 | -191,000,000 | -192,000,000 | -188,000,000 | -192,000,000 | -181,000,000 | -181,000,000 | -168,000,000 | -169,000,000 | -171,000,000 | -177,000,000 | -158,000,000 | -160,000,000 | -165,000,000 | -168,000,000 | -152,000,000 | -153,000,000 | -167,000,000 | -173,000,000 | -160,000,000 | -169,000,000 | -173,000,000 | -177,000,000 | -152,000,000 | -152,000,000 | -151,000,000 | -136,000,000 | -146,000,000 | -147,000,000 | -133,000,000 | -133,000,000 | -112,000,000 | -113,000,000 | -114,000,000 | -117,000,000 | -79,000,000 | -79,000,000 | -79,000,000 | |
net cash from financing activities | 59,000,000 | -652,000,000 | -324,000,000 | -293,000,000 | -403,000,000 | -220,000,000 | -332,000,000 | -304,000,000 | -308,000,000 | -363,000,000 | -356,000,000 | 84,000,000 | -248,000,000 | -219,000,000 | -252,000,000 | -803,000,000 | -375,000,000 | -462,000,000 | -601,000,000 | -1,199,000,000 | -190,000,000 | -314,000,000 | -143,000,000 | -178,000,000 | -94,000,000 | 786,000,000 | -571,000,000 | 131,000,000 | -393,000,000 | 121,000,000 | -538,000,000 | -619,000,000 | -959,000,000 | -29,000,000 | -457,000,000 | -750,000,000 | -388,000,000 | -448,000,000 | -2,735,000,000 | -1,210,000,000 | -913,000,000 | -1,014,000,000 | -980,000,000 | -35,000,000 | -574,000,000 | -363,000,000 | -355,000,000 | -629,000,000 | -209,000,000 | -166,000,000 | -332,000,000 | 592,000,000 | -805,000,000 | -46,000,000 | -72,000,000 | -57,000,000 | |||||
effect of exchange rates on cash | -5,000,000 | -4,000,000 | -4,000,000 | 18,000,000 | 8,000,000 | -41,000,000 | 26,000,000 | -9,000,000 | -18,000,000 | 20,000,000 | -10,000,000 | 29,000,000 | -51,000,000 | -53,000,000 | -13,000,000 | -9,000,000 | -14,000,000 | 7,000,000 | -49,000,000 | 76,000,000 | 39,000,000 | 6,000,000 | -24,000,000 | 16,000,000 | -25,000,000 | -11,000,000 | 6,000,000 | 11,000,000 | -14,000,000 | -58,000,000 | 62,000,000 | 85,000,000 | 72,000,000 | 123,000,000 | 76,000,000 | -214,000,000 | 42,000,000 | -26,000,000 | 112,000,000 | -27,000,000 | -46,000,000 | 62,000,000 | -319,000,000 | -207,000,000 | -355,000,000 | 1,000,000 | 5,000,000 | -8,000,000 | -63,000,000 | 12,000,000 | -42,000,000 | -185,000,000 | 79,000,000 | -116,000,000 | -157,000,000 | 70,000,000 | 113,000,000 | ||||
net increase in cash and cash equivalents and restricted cash | 213,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash at beginning of period | 1,566,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash at end of period | 1,779,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash included in other current assets | 24,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 1,755,000,000 | 157,000,000 | 132,000,000 | 1,359,000,000 | 194,000,000 | 54,000,000 | 1,365,000,000 | 101,000,000 | 392,000,000 | 1,146,000,000 | 1,000,000 | -387,000,000 | 2,016,000,000 | -108,000,000 | -548,000,000 | 2,868,000,000 | 356,000,000 | 133,000,000 | 2,025,000,000 | -207,000,000 | -278,000,000 | 1,456,000,000 | -120,000,000 | -1,073,000,000 | 3,096,000,000 | -324,000,000 | -655,000,000 | 4,844,000,000 | -2,323,000,000 | 3,604,000,000 | 3,540,000,000 | -528,000,000 | 664,000,000 | 4,304,000,000 | 235,000,000 | 150,000,000 | 4,968,000,000 | -41,000,000 | -196,000,000 | 4,797,000,000 | -56,000,000 | -482,000,000 | 5,490,000,000 | 292,000,000 | 39,000,000 | 4,570,000,000 | |||||||||||||||
loss on disposal of assets | 7,000,000 | 15,000,000 | 8,000,000 | 9,000,000 | 83,000,000 | 49,000,000 | 79,000,000 | 49,000,000 | 7,000,000 | 31,000,000 | 32,000,000 | 15,000,000 | 60,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
translated earnings contract gain | -33,000,000 | -20,000,000 | 68,000,000 | -196,000,000 | -129,000,000 | 13,000,000 | -3,000,000 | -272,000,000 | 43,000,000 | 100,000,000 | -37,000,000 | -68,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
pension contributions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
release of cumulative translation losses | 83,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax deposit refund | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equipment to related party | 0 | 0 | 0 | 67,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in unconsolidated entities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premiums paid on hedging contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt | 9,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of euro bonds | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of acquisition related debt | -42,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on finance leases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for redemption of preferred stock | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | 157,000,000 | 132,000,000 | -409,000,000 | 194,000,000 | 54,000,000 | -414,000,000 | 101,000,000 | 392,000,000 | -525,000,000 | 1,000,000 | 133,000,000 | -409,000,000 | -207,000,000 | -278,000,000 | -899,000,000 | -120,000,000 | -1,073,000,000 | -1,221,000,000 | -655,000,000 | -447,000,000 | -960,000,000 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 1,768,000,000 | 0 | 0 | 1,779,000,000 | 0 | 0 | 1,671,000,000 | 0 | 0 | 2,148,000,000 | 0 | 0 | 2,672,000,000 | 0 | 0 | 2,434,000,000 | 0 | 0 | 2,355,000,000 | 0 | 0 | 4,317,000,000 | 0 | 0 | 5,291,000,000 | 0 | 0 | 4,500,000,000 | 0 | 0 | 5,309,000,000 | 0 | 0 | 4,704,000,000 | 0 | 0 | 4,988,000,000 | 0 | 0 | 4,661,000,000 | 0 | 0 | 4,598,000,000 | ||||||||||||||||
deferred tax provision | 11,000,000 | -50,000,000 | -52,000,000 | -9,000,000 | 10,000,000 | -112,000,000 | 47,000,000 | 28,000,000 | -38,000,000 | -104,000,000 | -14,000,000 | 48,000,000 | 24,000,000 | -52,000,000 | 12,000,000 | -65,000,000 | 121,000,000 | 16,000,000 | 198,000,000 | 311,000,000 | 22,000,000 | 149,000,000 | -30,000,000 | 24,000,000 | 23,000,000 | -26,000,000 | 47,000,000 | -3,000,000 | 22,000,000 | 81,000,000 | 15,000,000 | ||||||||||||||||||||||||||||||
translation loss on japanese yen-denominated debt | 43,000,000 | -53,000,000 | -4,000,000 | -5,000,000 | -118,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
translation gain on japanese yen-denominated debt | -76,000,000 | 107,000,000 | -54,000,000 | -81,000,000 | 62,000,000 | -35,000,000 | -109,000,000 | -18,000,000 | -84,000,000 | -153,000,000 | -84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of business | -1,000,000 | 3,000,000 | 0 | 74,000,000 | 1,000,000 | 0 | 78,000,000 | 24,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -132,000,000 | -64,000,000 | 196,000,000 | 158,000,000 | 452,000,000 | 470,000,000 | -2,323,000,000 | 60,000,000 | -528,000,000 | 664,000,000 | -1,005,000,000 | -44,000,000 | 235,000,000 | 150,000,000 | 264,000,000 | -41,000,000 | -196,000,000 | -191,000,000 | 36,000,000 | -56,000,000 | -482,000,000 | 829,000,000 | -240,000,000 | 292,000,000 | 39,000,000 | -28,000,000 | |||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from other financing arrangements | 0 | 0 | 0 | 54,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of other financing arrangements | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
severance payments | -41,000,000 | -14,000,000 | -34,000,000 | -2,000,000 | -4,000,000 | -7,000,000 | -13,000,000 | -21,000,000 | -29,000,000 | -22,000,000 | -75,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
severance charges | 101,000,000 | 13,000,000 | 7,000,000 | 6,000,000 | 58,000,000 | 77,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized translation loss on transactions | 3,000,000 | 8,000,000 | 17,000,000 | 33,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in and proceeds from unconsolidated entities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of business | 0 | 0 | -53,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of short-term borrowings and other long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of short-term borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of euro bonds and other long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of short-term borrowings | -4,000,000 | -69,000,000 | 0 | -76,000,000 | 0 | -11,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of other long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gains on translated earnings contracts | 81,000,000 | 2,000,000 | -2,000,000 | 1,000,000 | 11,000,000 | 16,000,000 | 1,000,000 | 29,000,000 | 20,000,000 | 46,000,000 | 26,000,000 | 23,000,000 | 13,000,000 | 71,000,000 | 50,000,000 | 69,000,000 | 80,000,000 | 149,000,000 | 135,000,000 | 74,000,000 | 63,000,000 | 89,000,000 | |||||||||||||||||||||||||||||||||||||||
pension plan contributions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asbestos claim payments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax assessment refunds | 0 | 0 | 0 | 101,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset impairment | 0 | 22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction-related gain | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale or disposal of assets | 0 | 0 | 10,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of short-term debt | 0 | 1,000,000 | 0 | 7,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | 20,000,000 | 9,000,000 | 3,000,000 | 31,000,000 | 3,000,000 | 9,000,000 | 200,000,000 | 1,482,000,000 | 889,000,000 | 0 | 743,000,000 | 0 | 0 | 332,000,000 | 144,000,000 | 95,000,000 | 791,000,000 | 86,000,000 | |||||||||||||||||||||||||||||||||||||||||||
unrealized translation losses on transactions | 63,000,000 | 57,000,000 | 20,000,000 | 14,000,000 | -8,000,000 | 59,000,000 | -65,000,000 | -22,000,000 | 33,000,000 | 53,000,000 | -35,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
investment in and proceeds from unconsolidated entities | -4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gains on translated earnings contract | 77,000,000 | 92,000,000 | 40,000,000 | 17,000,000 | 16,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 238,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | -161,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
severance (reversals) charges | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses of affiliated companies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends received from affiliated companies | 135,000,000 | 101,000,000 | 100,000,000 | 34,000,000 | 33,000,000 | 34,000,000 | 65,000,000 | 0 | 0 | 48,000,000 | 47,000,000 | 48,000,000 | 31,000,000 | 32,000,000 | 31,000,000 | 1,610,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
gain on investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
customer deposits and incentives | 12,000,000 | 59,000,000 | 0 | 125,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from and investment in unconsolidated entities | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of equipment for related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of affiliated companies | -16,000,000 | 76,000,000 | -79,000,000 | -14,000,000 | 64,000,000 | -23,000,000 | -33,000,000 | -25,000,000 | -288,000,000 | -32,000,000 | -31,000,000 | -39,000,000 | -213,000,000 | -31,000,000 | -37,000,000 | -80,000,000 | -165,000,000 | -19,000,000 | -41,000,000 | -59,000,000 | -104,000,000 | -39,000,000 | -62,000,000 | -94,000,000 | -23,000,000 | -95,000,000 | -62,000,000 | -86,000,000 | |||||||||||||||||||||||||||||||||
changes in certain working capital items: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of short-term borrowings and current portion of long-term debt | -435,000,000 | -25,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock for treasury | 0 | 0 | 0 | -105,000,000 | -232,000,000 | -301,000,000 | -150,000,000 | -257,000,000 | -347,000,000 | -397,000,000 | -683,000,000 | -800,000,000 | -388,000,000 | -1,019,000,000 | -645,000,000 | -400,000,000 | -343,000,000 | -2,369,000,000 | -812,000,000 | -703,000,000 | -1,323,000,000 | -812,000,000 | -616,000,000 | -477,000,000 | -183,000,000 | -224,000,000 | -175,000,000 | -1,901,000,000 | -209,000,000 | -140,000,000 | -194,000,000 | -314,000,000 | -72,000,000 | ||||||||||||||||||||||||||||
equity in losses (earnings) of affiliated companies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
customer incentives and deposits | 300,000,000 | 276,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized translation (gain) loss on transactions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash received | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from settlement of initial contingent consideration asset | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equipment for related party | 0 | -5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net repayments of short-term borrowings and current portion of long-term debt | 0 | 0 | -21,000,000 | 0 | -64,000,000 | -2,000,000 | -8,000,000 | -58,000,000 | -2,000,000 | -11,000,000 | -3,000,000 | -10,000,000 | -2,000,000 | -10,000,000 | -2,000,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retirement plan contributions and benefit payments (in excess of) less than expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of equipment to related party | 16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock compensation charges | 14,000,000 | 9,000,000 | 10,000,000 | 14,000,000 | 9,000,000 | 10,000,000 | 11,000,000 | 15,000,000 | 10,000,000 | 11,000,000 | 19,000,000 | 13,000,000 | 15,000,000 | 15,000,000 | 14,000,000 | 11,000,000 | 14,000,000 | 16,000,000 | 16,000,000 | 24,000,000 | 20,000,000 | 21,000,000 | 22,000,000 | 23,000,000 | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of commercial paper | 19,000,000 | 8,000,000 | -2,000,000 | 418,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the exercise of stock options | 7,000,000 | 13,000,000 | 23,000,000 | 7,000,000 | 31,000,000 | 22,000,000 | 21,000,000 | 34,000,000 | 23,000,000 | 70,000,000 | 182,000,000 | 52,000,000 | 59,000,000 | 18,000,000 | 9,000,000 | 3,000,000 | 1,000,000 | 9,000,000 | 89,000,000 | 18,000,000 | 14,000,000 | 34,000,000 | 50,000,000 | 15,000,000 | 27,000,000 | 12,000,000 | 12,000,000 | 7,000,000 | 3,000,000 | 16,000,000 | 8,000,000 | 9,000,000 | 9,000,000 | 64,000,000 | |||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit payments less than (in excess of) expense | 8,000,000 | 7,000,000 | 8,000,000 | 11,000,000 | 15,000,000 | 27,000,000 | 37,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net repayments of short-term borrowings and current portion of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
incentives and customer deposits | 0 | 0 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of businesses, net of cash received | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
translated earnings contract (gain) loss | 107,000,000 | -184,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized translation losses (gains) on transactions | 8,000,000 | -62,000,000 | 298,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring, impairment and other charges | -1,000,000 | 0 | -2,000,000 | 80,000,000 | 20,000,000 | 0 | 34,000,000 | 17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized translation gain on transactions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on realignment of equity investment | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of a business | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash received on realignment of equity investment | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments – acquisitions | 0 | 0 | 0 | -20,000,000 | -110,000,000 | -289,000,000 | -286,000,000 | -284,000,000 | -228,000,000 | -367,000,000 | -358,000,000 | -445,000,000 | -446,000,000 | -446,000,000 | -291,000,000 | -411,000,000 | -691,000,000 | -640,000,000 | -528,000,000 | -348,000,000 | -962,000,000 | -883,000,000 | |||||||||||||||||||||||||||||||||||||||
short-term investments – liquidations | 0 | 0 | 0 | 0 | 0 | 121,000,000 | 583,000,000 | 221,000,000 | 543,000,000 | 282,000,000 | 213,000,000 | 380,000,000 | 236,000,000 | 338,000,000 | 429,000,000 | 551,000,000 | 469,000,000 | 651,000,000 | 629,000,000 | 648,000,000 | 341,000,000 | 574,000,000 | 949,000,000 | 903,000,000 | |||||||||||||||||||||||||||||||||||||
net repayments of short-term borrowings and current portion of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments from issuance of commercial paper | -251,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of employee withholding tax on stock award | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit provision | 7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments under capital lease obligations | 0 | 0 | 0 | -32,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of business, net of cash received | -133,000,000 | -3,000,000 | -35,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized translation gains on transactions | -63,000,000 | -70,000,000 | -127,000,000 | -67,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash paid | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of assets to related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(payments) proceeds from issuance of commercial paper | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments from the settlement of interest rate swap agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds received for asset financing and related incentives | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of commercial paper | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit payments less than expense | 9,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in unconsolidated entities | -10,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | -109,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of loans to unconsolidated entities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring payments | -2,000,000 | -2,000,000 | -15,000,000 | -10,000,000 | -13,000,000 | -9,000,000 | -13,000,000 | -6,000,000 | -11,000,000 | -6,000,000 | -8,000,000 | -16,000,000 | -1,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
customer deposits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit payments in excess of expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration fair value adjustment | -3,000,000 | -172,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash (paid) received | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(payments) repayments of loans to unconsolidated entities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock | 0 | 0 | 0 | 400,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses (gains) on foreign currency hedges related to translated earnings | 237,000,000 | 1,201,000,000 | 857,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized translation (gains) losses on transactions | -53,000,000 | -1,000,000 | -123,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of business, net of cash acquired | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(payments) proceeds from loan repayments from unconsolidated entities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gains on foreign currency hedges related to translated earnings | 1,000,000 | 52,000,000 | 93,000,000 | 164,000,000 | 168,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments from settlement of interest rate swap arrangements | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of business, net of cash received | 0 | 0 | 66,000,000 | 40,000,000 | -148,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from loan repayments from unconsolidated entities | 0 | 0 | 2,000,000 | 4,000,000 | 8,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit payments (in excess of) less than expense | -11,000,000 | -17,000,000 | 33,000,000 | -66,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on foreign currency hedges related to translated earnings | -38,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premium on purchased collars | 0 | 0 | -107,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retirement of long-term debt | 0 | 0 | -498,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(payments) proceeds from the settlement of interest rate swap agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments to acquire noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax expense provision | 156,000,000 | 22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit payments less than (in excess) of expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration for fair value adjustment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of business, net of cash (paid) received | 0 | 0 | -531,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gains) losses on foreign currency hedges related to translated earnings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax (benefit) expense provision | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on translated earnings contracts | -29,000,000 | -769,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on retirement of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds (payments) from the settlement of interest rate swap agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds received for incentives | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from by financing activities | -357,000,000 | -312,000,000 | -1,177,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on translated earnings contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed earnings of affiliated companies less than (in excess of) dividends received | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash received from settlement of insurance claims | 0 | 0 | 0 | 66,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gains on translated earnings contracts | 66,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sale or disposal of assets | 0 | 1,000,000 | 0 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retirements of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed earnings of affiliated companies in excess of dividends received | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in affiliates | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gains on translated earning contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments to settle interest rate hedges | 0 | 0 | -18,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed earnings of affiliated companies (in excess of) less than dividends received | -145,000,000 | -12,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment to settle interest rate swap agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings of affiliated companies in excess of dividends received | -249,000,000 | -359,000,000 | -78,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other current liabilities, net of restructuring payments | 3,000,000 | 6,000,000 | -51,000,000 | 80,000,000 | -64,000,000 | 40,000,000 | -83,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings of affiliated companies less than (in excess of) dividends received | -256,000,000 | 300,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asbestos litigation charges | 9,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed earnings of affiliated companies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
credits issued against customer deposits | -7,000,000 | -7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments - acquisitions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments - liquidations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring, impairment and other credits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit expense, net of payments | 34,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asbestos litigation (credits) charges | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring, impairment and other (credits) charges | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of business | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from unwind of interest rate swap agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock |