CORNING INC NY
For the period ended Mar 31, 2024. Filed May 2, 2024.
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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.
Mar 31, 2024 · Filed May 2, 2024
GLW$115.95+9.3%Stored close · as of Nov 9, 2026
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Consolidated Statements of Changes in Shareholders’ Equity
| Consolidated Statements of Changes in Shareholders’ Equity | Corning Incorporated and Subsidiary Companies |
|---|---|
| (Unaudited; in millions, except per share amounts) | |
| Common stock | Additional paid-in capital common | Retained earnings | Treasury stock | Accumulated other comprehensive loss | Total Corning Incorporated shareholders' equity | Non-controlling interest | Total | |
|---|---|---|---|---|---|---|---|---|
| Balance as of December 31, 2023 | $916 | $16,929 | $16,391 | $(20,637) | $(2,048) | $11,551 | $317 | $11,868 |
| Net income | 209 | 209 | 16 | 225 | ||||
| Other comprehensive loss | (327) | (327) | (1) | (328) | ||||
| Shares issued to benefit plans and for option exercises | 1 | 69 | 70 | 70 | ||||
| Common dividends ($0.28 per share) | (242) | (242) | (242) | |||||
| Other, net (1) | (35) | (35) | 1 | (34) | ||||
| Balance as of March 31, 2024 | $917 | $16,998 | $16,358 | $(20,672) | $(2,375) | $11,226 | $333 | $11,559 |
| Common stock | Additional paid-in capital common | Retained earnings | Treasury stock | Accumulated other comprehensive loss | Total Corning Incorporated shareholders' equity | Non-controlling interest | Total | |
|---|---|---|---|---|---|---|---|---|
| Balance as of December 31, 2022 | $910 | $16,682 | $16,778 | $(20,532) | $(1,830) | $12,008 | $267 | $12,275 |
| Net income | 176 | 176 | 15 | 191 | ||||
| Other comprehensive loss | (67) | (67) | (67) | |||||
| Shares issued to benefit plans and for option exercises | 1 | 64 | 65 | 65 | ||||
| Common dividends ($0.28 per share) | (241) | (241) | (241) | |||||
| Other, net (1) | (16) | (16) | (16) | |||||
| Balance as of March 31, 2023 | $911 | $16,746 | $16,713 | $(20,548) | $(1,897) | $11,925 | $282 | $12,207 |
| (1) | Treasury stock includes the deemed surrender to the Company of common stock to satisfy employee tax withholding obligations. |
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