Corning Incorporated (ETR:GLW)

Corning Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,491	1,768	1,779	1,671	2,148	2,672
Cash & Short-Term Investments	1,491	1,768	1,779	1,671	2,148	2,672
Cash Growth	5.07%	-0.62%	6.46%	-22.21%	-19.61%	9.78%
Accounts Receivable	2,298	2,053	1,572	1,721	2,004	2,133
Inventory	3,084	2,724	2,666	2,904	2,481	2,438
Other Current Assets	1,323	1,447	1,195	1,157	1,026	761
Total Current Assets	8,196	7,992	7,212	7,453	7,659	8,004
Net Property, Plant & Equipment	13,881	13,359	14,630	15,371	15,804	15,742
Other Intangible Assets	711	752	905	1,029	1,148	1,308
Goodwill	2,492	2,363	2,380	2,394	2,421	2,460
Other Long-Term Assets	3,465	3,269	3,373	3,252	3,122	3,261
Total Assets	28,745	27,735	28,500	29,499	30,154	30,775
Accounts Payable	1,931	1,472	1,466	1,804	1,612	1,174
Accrued Expenses	2,758	3,121	2,533	3,147	3,139	2,437
Current Portion of Long-Term Debt	786	326	320	224	55	156
Total Current Liabilities	5,475	4,919	4,319	5,175	4,806	3,767
Long-Term Debt	6,714	6,885	7,206	6,687	6,989	7,816
Other Long-Term Liabilities	5,011	4,861	5,107	5,362	5,814	5,744
Total Long-Term Liabilities	11,725	11,746	12,313	12,049	12,803	13,560
Total Liabilities	17,200	16,665	16,632	17,224	17,609	17,327
Preferred Stock	-	-	-	-	-	2,300
Common Stock	923	921	916	910	907	863
Treasury Stock	-21,085	-20,882	-20,637	-20,532	-20,263	-19,928
Additional Paid-in Capital	17,389	17,264	16,929	16,682	16,475	14,642
Accumulated Other Comprehensive Income	-1,934	-2,543	-2,048	-1,830	-1,175	-740
Retained Earnings	15,823	15,926	16,391	16,778	16,389	16,120
Total Common Shareholders' Equity	11,116	10,686	11,551	12,008	12,333	13,257
Minority Interest	429	384	317	267	212	191
Shareholders' Equity	11,545	11,070	11,868	12,275	12,545	13,448
Total Liabilities & Equity	28,745	27,735	28,500	29,499	30,154	30,775
Total Debt	7,500	7,211	7,526	6,911	7,044	7,972
Net Cash (Debt)	-6,009	-5,443	-5,747	-5,240	-4,896	-5,300
Net Cash Per Share	-6.95	-6.26	-6.69	-6.11	-5.80	-6.87
Book Value	11,116	10,686	11,551	12,008	12,333	13,257
Book Value Per Share	12.86	12.30	13.45	14.01	14.61	17.17
Tangible Book Value	7,913	7,571	8,266	8,585	8,764	9,489
Tangible Book Value Per Share	9.16	8.71	9.62	10.02	10.38	12.29

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.