CORNING INC NY
For the period ended Sep 30, 2024. Filed Nov 1, 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.
Sep 30, 2024 · Filed Nov 1, 2024
GLW$115.95+9.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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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 |
| Net income | 104 | 104 | 18 | 122 | ||||
| Other comprehensive loss | (217) | (217) | (217) | |||||
| Purchase of common stock for treasury | (103) | (103) | (103) | |||||
| Shares issued to benefit plans and for option exercises | 2 | 83 | 85 | 85 | ||||
| Common dividends ($0.56 per share) | (486) | (486) | (486) | |||||
| Other, net (1) | (24) | (24) | (9) | (33) | ||||
| Balance as of June 30, 2024 | $919 | $17,081 | $15,976 | $(20,799) | $(2,592) | $10,585 | $342 | $10,927 |
| Net (loss) income | (117) | (117) | 22 | (95) | ||||
| Other comprehensive income | 584 | 584 | 1 | 585 | ||||
| Purchase of common stock for treasury | (30) | (30) | (30) | |||||
| Shares issued to benefit plans and for option exercises | 1 | 96 | 97 | 97 | ||||
| Other, net (1) | (16) | (16) | (1) | (17) | ||||
| Balance as of September 30, 2024 | $920 | $17,177 | $15,859 | $(20,845) | $(2,008) | $11,103 | $364 | $11,467 |
| 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 |
| Net income | 281 | 281 | 22 | 303 | ||||
| Other comprehensive loss | (302) | (302) | (1) | (303) | ||||
| Shares issued to benefit plans and for option exercises | 4 | 71 | 75 | 75 | ||||
| Common dividends ($0.56 per share) | (485) | (485) | (485) | |||||
| Other, net (1) | (82) | (82) | (5) | (87) | ||||
| Balance as of June 30, 2023 | $915 | $16,817 | $16,509 | $(20,630) | $(2,199) | $11,412 | $298 | $11,710 |
| Net income | 164 | 164 | 18 | 182 | ||||
| Other comprehensive loss | (203) | (203) | (1) | (204) | ||||
| Shares issued to benefit plans and for option exercises | 60 | 60 | 60 | |||||
| Other, net (1) | (3) | (3) | (1) | (4) | ||||
| Balance as of September 30, 2023 | $915 | $16,877 | $16,673 | $(20,633) | $(2,402) | $11,430 | $314 | $11,744 |
| (1) | Treasury stock includes the deemed surrender to the Company of common stock to satisfy employee tax withholding obligations. |
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