CORNING INC /NY
For the period ended Sep 30, 2025. Filed Oct 31, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 31, 2025
GLW$115.95+9.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| Consolidated Balance Sheets | Corning Incorporated and Subsidiary Companies |
|---|---|
| (Unaudited; in millions, except share and per share amounts) | |
| September 30,2025 | December 31,2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,648 | $1,768 |
| Trade accounts receivable, net of doubtful accounts - $29 and $33 | 2,509 | 2,053 |
| Inventories (Note 5) | 3,104 | 2,724 |
| Other current assets | 1,416 | 1,447 |
| Total current assets | 8,677 | 7,992 |
| Property, plant and equipment, net of accumulated depreciation - $15,171 and $14,492 | 14,397 | 13,359 |
| Goodwill | 2,489 | 2,363 |
| Other intangible assets, net | 684 | 752 |
| Deferred income taxes (Note 13) | 1,296 | 1,130 |
| Other assets | 2,373 | 2,139 |
| Total Assets | $29,916 | $27,735 |
| Liabilities and Equity | ||
| Current liabilities: | ||
| Current portion of long-term debt and short-term borrowings (Note 8) | $812 | $326 |
| Accounts payable | 2,029 | 1,472 |
| Other accrued liabilities (Notes 7 and 10) | 2,736 | 3,121 |
| Total current liabilities | 5,577 | 4,919 |
| Long-term debt (Note 8) | 7,407 | 6,885 |
| Postretirement benefits other than pensions (Note 9) | 301 | 336 |
| Other liabilities (Notes 7 and 10) | 4,626 | 4,525 |
| Total liabilities | 17,911 | 16,665 |
| Commitments and contingencies (Note 10) | ||
| Shareholders’ equity: (Note 14) | ||
| Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.8 billion | 924 | 921 |
| Additional paid-in capital – common stock | 17,503 | 17,264 |
| Retained earnings | 16,253 | 15,926 |
| Treasury stock, at cost; Shares held: 992 million and 987 million | (21,127) | (20,882) |
| Accumulated other comprehensive loss | (2,017) | (2,543) |
| Total Corning Incorporated shareholders’ equity | 11,536 | 10,686 |
| Non-controlling interest | 469 | 384 |
| Total equity | 12,005 | 11,070 |
| Total Liabilities and Equity | $29,916 | $27,735 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.