Corning Balance Sheet

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
Cash & Equivalents	1,526	1,768	1,779	1,671	2,148
Cash & Short-Term Investments	1,526	1,768	1,779	1,671	2,148
Cash Growth	-13.69%	-0.62%	6.46%	-22.21%	-19.61%
Receivables	2,779	2,053	1,572	1,721	2,004
Inventory	3,077	2,724	2,666	2,904	2,481
Other Current Assets	1,554	1,447	1,195	1,157	1,026
Total Current Assets	8,936	7,992	7,212	7,453	7,659
Property, Plant & Equipment	15,685	14,155	15,513	16,213	16,545
Long-Term Investments	512	394	414	360	318
Goodwill	2,489	2,363	2,380	2,394	2,421
Other Intangible Assets	657	752	905	1,029	1,148
Long-Term Deferred Tax Assets	1,515	1,130	1,153	1,073	1,066
Other Long-Term Assets	1,182	949	923	977	997
Total Assets	30,976	27,735	28,500	29,499	30,154
Accounts Payable	1,979	1,472	1,466	1,804	1,612
Accrued Expenses	2,105	2,252	1,957	1,953	1,828
Short-Term Debt	9	-	-	-	-
Current Portion of Long-Term Debt	711	296	320	224	55
Current Portion of Leases	181	125	112	111	94
Current Income Taxes Payable	98	109	69	127	196
Current Unearned Revenue	386	317	329	276	371
Other Current Liabilities	159	348	66	680	650
Total Current Liabilities	5,628	4,919	4,319	5,175	4,806
Long-Term Debt	6,482	6,741	7,011	6,497	6,806
Long-Term Leases	1,994	929	1,041	985	874
Long-Term Unearned Revenue	1,884	1,626	1,762	1,862	1,836
Pension & Post-Retirement Benefits	901	865	1,119	1,075	1,329
Long-Term Deferred Tax Liabilities	149	137	218	243	258
Other Long-Term Liabilities	1,631	1,448	1,162	1,387	1,700
Total Liabilities	18,669	16,665	16,632	17,224	17,609
Common Stock	924	921	916	910	907
Additional Paid-In Capital	17,580	17,264	16,929	16,682	16,475
Retained Earnings	16,551	15,926	16,391	16,778	16,389
Treasury Stock	-21,143	-20,882	-20,637	-20,532	-20,263
Comprehensive Income & Other	-2,105	-2,543	-2,048	-1,830	-1,175
Total Common Equity	11,807	10,686	11,551	12,008	12,333
Minority Interest	500	384	317	267	212
Shareholders' Equity	12,307	11,070	11,868	12,275	12,545
Total Liabilities & Equity	30,976	27,735	28,500	29,499	30,154
Total Debt	9,377	8,091	8,484	7,817	7,829
Net Cash (Debt)	-7,851	-6,323	-6,705	-6,146	-5,681
Net Cash Per Share	-9.01	-7.28	-7.81	-7.17	-6.73
Filing Date Shares Outstanding	857.95	856.56	853.47	846.56	845.85
Total Common Shares Outstanding	857	854	820	843	830
Working Capital	3,308	3,073	2,893	2,278	2,853
Book Value Per Share	13.78	12.51	14.09	14.24	14.86
Tangible Book Value	8,661	7,571	8,266	8,585	8,764
Tangible Book Value Per Share	10.11	8.87	10.08	10.18	10.56
Land	383	375	412	420	441
Buildings	6,256	5,650	5,931	5,963	6,145
Machinery	21,701	20,007	20,896	20,800	21,208
Construction In Progress	1,714	1,819	1,944	2,335	1,979

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