Corning Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,596	506	581	1,316	1,906
Depreciation & Amortization	1,347	1,350	1,369	1,452	1,481
Loss (Gain) From Sale of Assets	27	143	155	189	57
Stock-Based Compensation	286	273	218	175	190
Other Operating Activities	-375	2	-195	-518	-451
Change in Accounts Receivable	-749	-717	50	113	-54
Change in Inventory	-243	-171	157	-522	-103
Change in Accounts Payable	584	470	-173	408	772
Change in Unearned Revenue	210	-33	-47	61	-88
Change in Other Net Operating Assets	12	116	-110	-59	-298
Operating Cash Flow	2,695	1,939	2,005	2,615	3,412
Operating Cash Flow Growth	38.99%	-3.29%	-23.33%	-23.36%	56.51%
Capital Expenditures	-1,282	-965	-1,390	-1,604	-1,637
Sale of Property, Plant & Equipment	11	80	89	-	-
Divestitures	-	-	-	76	103
Investment in Securities	-134	-7	-17	-	84
Other Investing Activities	162	148	318	173	31
Investing Cash Flow	-1,243	-744	-1,000	-1,355	-1,419
Long-Term Debt Issued	294	153	1,000	127	22
Total Debt Issued	294	153	1,000	127	22
Long-Term Debt Repaid	-719	-297	-320	-87	-860
Total Debt Repaid	-719	-297	-320	-87	-860
Net Debt Issued (Repaid)	-425	-144	680	40	-838
Issuance of Common Stock	41	76	42	40	97
Repurchase of Common Stock	-261	-246	-106	-268	-335
Common Dividends Paid	-999	-986	-989	-932	-871
Dividends Paid	-999	-986	-989	-932	-871
Other Financing Activities	-28	136	-3	-22	2
Financing Cash Flow	-1,672	-1,164	-883	-1,649	-2,452
Foreign Exchange Rate Adjustments	18	-42	-14	-88	-65
Net Cash Flow	-202	-11	108	-477	-524
Free Cash Flow	1,413	974	615	1,011	1,775
Free Cash Flow Growth	45.07%	58.37%	-39.17%	-43.04%	121.05%
Free Cash Flow Margin	9.04%	7.42%	4.89%	7.12%	12.61%
Free Cash Flow Per Share	1.62	1.12	0.72	1.18	2.10
Cash Interest Paid	275	279	234	227	251
Cash Income Tax Paid	283	263	213	426	377
Levered Free Cash Flow	636.5	1,101	131.75	901.25	2,243
Unlevered Free Cash Flow	846.5	1,307	337.38	1,084	2,430
Change in Working Capital	-186	-335	-123	1	229

Source: S&P Global Market Intelligence. Standard template. Financial Sources.