v3.26.1
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Millions
Total
Total Corning Incorporated shareholders’ equity
Common stock
Additional paid-in capital common
Retained earnings
Treasury stock
Accumulated other comprehensive loss
Non-controlling interest
Beginning balance at Dec. 31, 2024 $ 11,070 $ 10,686 $ 921 $ 17,264 $ 15,926 $ (20,882) $ (2,543) $ 384
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 185 157     157     28
Other comprehensive (loss) income 183 183         183
Purchase of common stock for treasury (100) (100)       (100)    
Shares issued to benefit plans and for option exercises 64 64 1 63        
Common dividends (244) (244)     (244)      
Other, net [1] (30) (30)       (30)    
Ending balance at Mar. 31, 2025 11,128 10,716 922 17,327 15,839 (21,012) (2,360) 412
Beginning balance at Dec. 31, 2024 11,070 10,686 921 17,264 15,926 (20,882) (2,543) 384
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 685              
Ending balance at Jun. 30, 2025 11,545 11,116 923 17,389 15,823 (21,085) (1,934) 429
Beginning balance at Mar. 31, 2025 11,128 10,716 922 17,327 15,839 (21,012) (2,360) 412
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 500 469     469     31
Other comprehensive (loss) income 427 426         426 1
Purchase of common stock for treasury (33) (33)       (33)    
Shares issued to benefit plans and for option exercises 63 63 1 62        
Common dividends (485) (485)     (485)      
Other, net [1] (55) (40)       (40)   (15)
Ending balance at Jun. 30, 2025 11,545 11,116 923 17,389 15,823 (21,085) (1,934) 429
Beginning balance at Dec. 31, 2025 12,307 11,807 924 17,580 16,551 (21,143) (2,105) 500
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 408 371     371     37
Other comprehensive (loss) income (186) (186)         (186)  
Shares issued to benefit plans and for option exercises 125 125 1 124        
Common dividends (242) (242)     (242)      
Other, net [1] (63) (63)       (63)    
Ending balance at Mar. 31, 2026 12,349 11,812 925 17,704 16,680 (21,206) (2,291) 537
Beginning balance at Dec. 31, 2025 12,307 11,807 924 17,580 16,551 (21,143) (2,105) 500
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,017              
Ending balance at Jun. 30, 2026 13,127 12,560 927 18,636 16,747 (21,429) (2,321) 567
Beginning balance at Mar. 31, 2026 12,349 11,812 925 17,704 16,680 (21,206) (2,291) 537
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 609 559     559     50
Other comprehensive (loss) income (31) (30)         (30) (1)
Shares issued to benefit plans and for option exercises 138 138 2 136        
Issuance of warrants [2] 796 796   796        
Common dividends (492) (492)     (492)      
Other, net [1] (242) (223)       (223)   (19)
Ending balance at Jun. 30, 2026 $ 13,127 $ 12,560 $ 927 $ 18,636 $ 16,747 $ (21,429) $ (2,321) $ 567
[1] Treasury stock includes the deemed surrender to the Company of common stock to satisfy employee tax withholding obligations.
(2)On May 6, 2026, the Company issued warrants to purchase up to 18 million shares of common stock. Warrants were recorded within additional paid-in capital based on the grant-date fair value. Refer to Note 12 (Shareholders’ Equity) for additional information.
[2] On May 6, 2026, the Company issued warrants to purchase up to 18 million shares of common stock. Warrants were recorded within additional paid-in capital based on the grant-date fair value. Refer to Note 12 (Shareholders’ Equity) for additional information.