Note 6 - Earnings Per Common Share

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

6.      Earnings per Common Share

The following table sets forth the computation of basic and diluted earnings per common share (in millions, except per share amounts):

	Three months ended March 31,
	2014		2013
Net income attributable to Corning Incorporated	$	301	$	494
Less:  Series A convertible preferred stock dividend		(21)
Net income available to common stockholders - basic		280		494
Net income available to common stockholders - diluted	$	280	$	494
Weighted-average common shares outstanding - basic		1,359		1,472
Effect of dilutive securities:
Stock options and other dilutive securities		11		9
Weighted-average common shares outstanding - diluted		1,370		1,481
Basic earnings per common share	$	0.21	$	0.33
Diluted earnings per common share	$	0.20	$	0.33
Antidilutive potential shares excluded from diluted earnings per common share:
Series A convertible preferred stock		97
Employee stock options and awards		29		47
Accelerated share repurchase forward contract		12
Total		138		47