Leases	6 Months Ended
Jun. 30, 2025
Leases [Abstract]
Leases	Leases During the first quarter of 2025, Corning entered into a lease primarily for production related equipment, that has not yet commenced, of approximately $261 million on an undiscounted basis. The lease is expected to commence late in 2026 with a lease term of 16 years. This lease is expected to be classified as a finance lease and the amount of right-of-use asset and lease liability will be determined and recorded upon lease commencement. Corning entered into an equipment lease (“Equipment Lease”) on June 17, 2024, with an initial estimated purchase and installation cost of $365 million, for the equipment to be installed and operated within the solar manufacturing facility in Hemlock, Michigan. The Company is the procurement and installation agent on behalf of the lessor. On May 9, 2025, the Equipment Lease was amended to increase the aggregate commitment amount (“Amended Equipment Lease”). As of June 30, 2025 the estimated purchase and installation cost subject to this Amended Equipment Lease is $586 million. The Amended Equipment Lease is expected to commence in the latter part of 2025 and has a lease term of five years with obligations to purchase the equipment at lease maturity. The Equipment Lease is expected to be classified as a finance lease and the amount of right-of-use asset and lease liability will be determined and recorded upon lease commencement. Based on the current estimate of the purchase and installation cost, the estimated undiscounted lease payments are approximately $680 million, of which $80 million, $155 million, $146 million and $138 million to be paid in 2026, 2027, 2028 and 2029, respectively, and $161 million to be paid thereafter.

During the first quarter of 2025, Corning entered into a lease primarily for production related equipment, that has not yet commenced, of approximately $261 million on an undiscounted basis. The lease is expected to commence late in 2026 with a lease term of 16 years. This lease is expected to be classified as a finance lease and the amount of right-of-use asset and lease liability will be determined and recorded upon lease commencement.

Corning entered into an equipment lease (“Equipment Lease”) on June 17, 2024, with an initial estimated purchase and installation cost of $365 million, for the equipment to be installed and operated within the solar manufacturing facility in Hemlock, Michigan. The Company is the procurement and installation agent on behalf of the lessor. On May 9, 2025, the Equipment Lease was amended to increase the aggregate commitment amount (“Amended Equipment Lease”). As of June 30, 2025 the estimated purchase and installation cost subject to this Amended Equipment Lease is $586 million.

The Amended Equipment Lease is expected to commence in the latter part of 2025 and has a lease term of five years with obligations to purchase the equipment at lease maturity. The Equipment Lease is expected to be classified as a finance lease and the amount of right-of-use asset and lease liability will be determined and recorded upon lease commencement. Based on the current estimate of the purchase and installation cost, the estimated undiscounted lease payments are approximately $680 million, of which $80 million, $155 million, $146 million and $138 million to be paid in 2026, 2027, 2028 and 2029, respectively, and $161 million to be paid thereafter.