CORNING INC /NY
For the period ended Sep 30, 2026. Filed Oct 29, 2026.
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, 2026 · Filed Oct 29, 2026
GLW$112.13-3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| Consolidated Statements of Cash Flows | Corning Incorporated and Subsidiary Companies |
|---|---|
| (Unaudited; in millions) | |
| Nine months endedSeptember 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows from Operating Activities: | ||
| Net income | $1,763 | $1,155 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation | 1,073 | 913 |
| Amortization of purchased intangibles | 68 | 83 |
| Loss on disposal of assets, net | 58 | 20 |
| Share-based compensation expense | 298 | 216 |
| Translation (gain) loss on foreign denominated debt, net | (1) | 66 |
| Deferred tax benefit | (45) | (149) |
| Translated earnings contract gain, net | (212) | (63) |
| Changes in assets and liabilities: | ||
| Trade accounts receivable | (416) | (429) |
| Inventories | (571) | (266) |
| Other current assets | (156) | (256) |
| Accounts payable and other current liabilities | 659 | 391 |
| Customer deposits and government incentives | 639 | (49) |
| Deferred income | (145) | (108) |
| Other, net | 128 | 119 |
| Net cash provided by operating activities | 3,140 | 1,643 |
| Cash Flows from Investing Activities: | ||
| Capital expenditures | (1,299) | (850) |
| Proceeds from government incentives | 8 | |
| Realized gains on translated earnings contracts and other | 423 | 192 |
| Premiums paid on hedging contracts | (145) | (83) |
| Other, net | 8 | (24) |
| Net cash used in investing activities | (1,005) | (765) |
| Cash Flows from Financing Activities: | ||
| Repayments of debt | (961) | (282) |
| Proceeds from issuance of debt and short-term borrowings | 449 | 285 |
| Repayment of acquisition related debt | (2) | (33) |
| Proceeds from cross currency swap | 24 | |
| Proceeds from warrants | 500 | |
| Principal payments on finance leases | (106) | (24) |
| Payments of employee withholding tax on stock awards | (294) | (87) |
| Proceeds from exercise of stock options | 24 | 31 |
| Purchases of common stock for treasury | (158) | |
| Dividends paid | (757) | (744) |
| Other, net | (20) | (32) |
| Net cash used in financing activities | (1,167) | (1,020) |
| Effect of exchange rates on cash | 17 | 22 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 985 | (120) |
| Cash and cash equivalents and restricted cash at beginning of period | 1,566 | 1,768 |
| Cash and cash equivalents and restricted cash at end of period | $2,551 | $1,648 |
| Restricted cash included in other current assets | 14 | |
| Cash and cash equivalents at end of period | $2,537 | $1,648 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.