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Investments (Tables)
6 Months Ended
Jun. 30, 2011
Equity Method Investments
Ownership
interest (1)
 
June 30,
2011
 
December 31,
2010
Affiliated companies accounted for by the equity method
             
Samsung Corning Precision Materials Co., Ltd.
50%
 
$
3,519
 
$
2,943
Dow Corning Corporation
50%
   
1,243
   
1,186
All other
20-50%
   
264
   
240
       
5,026
   
4,369
Other investments
     
3
   
3
Total
   
$
5,029
 
$
4,372

(1)
Amounts reflect Corning's direct ownership interests in the respective affiliated companies.  Corning does not control any of these entities.
Related Party Information For Investments In Affiliates
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2011
 
2010
 
2011
 
2010
Related Party Transactions:
                     
Corning sales to affiliated companies
$
6
 
$
6
 
$
12
 
$
11
Corning purchases from affiliated companies
$
19
 
$
14
 
$
56
 
$
39
Corning transfers of assets, at cost, to affiliated companies
$
27
 
$
34
 
$
61
 
$
61
Dividends received from affiliated companies
$
69
 
$
57
 
$
389
 
$
285
Royalty income from affiliated companies
$
66
 
$
67
 
$
127
 
$
132
Corning services to affiliates
$
13
 
$
8
 
$
21
 
$
15
Samsung Corning Precision Materials Co., Ltd. [Member]
 
Affiliate Result Of Operations
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2011
 
2010
 
2011
 
2010
                       
Statement of Operations:
                     
Net sales
$
1,209
 
$
1,208
 
$
2,350
 
$
2,406
Gross profit
$
892
 
$
928
 
$
1,747
 
$
1,853
Net income attributable to Samsung Corning Precision
$
638
 
$
715
 
$
1,248
 
$
1,416
Corning's equity in earnings of Samsung Corning Precision
$
325
 
$
358
 
$
624
 
$
708
                       
Related Party Transactions:
                     
Corning purchases from Samsung Corning Precision
$
11
 
$
3
 
$
41
 
$
21
Dividends received from Samsung Corning Precision
           
$
205
 
$
173
Royalty income from Samsung Corning Precision
$
64
 
$
66
 
$
125
 
$
131
Corning transfers of machinery and equipment to Samsung Corning Precision at cost (1)
$
27
 
$
34
 
$
61
 
$
61

(1)
Corning purchases machinery and equipment on behalf of Samsung Corning Precision to support its capital expansion initiatives.  The machinery and equipment are transferred to Samsung Corning Precision at our cost basis.
Dow Corning Corporation [Member]
 
Affiliate Result Of Operations
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2011
 
2010
 
2011
 
2010
                       
Statement of Operations:
                     
Net sales
$
1,668
 
$
1,545
 
$
3,247
 
$
2,898
Gross profit
$
533
 
$
554
 
$
1,072
 
$
1,060
Net income attributable to Dow Corning
$
191
 
$
221
 
$
370
 
$
439
Corning's equity in earnings of Dow Corning
$
95
 
$
111
 
$
186
 
$
223
                       
Related Party Transactions:
                     
Corning purchases from Dow Corning
$
6
 
$
10
 
$
12
 
$
15
Dividends received from Dow Corning
$
65
 
$
55
 
$
180
 
$
111