Consolidated Balance Sheets (Unaudited) (USD $) In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 5,353	$ 4,704
Short-term investments, at fair value (Note 7)	751	531
Total cash, cash equivalents and short-term investments	6,104	5,235
Trade accounts receivable, net of doubtful accounts and allowances - $36 and $28	1,601	1,253
Inventories (Note 8)	1,327	1,270
Deferred income taxes (Note 5)	156	278
Other current assets	825	855
Total current assets	10,013	8,891
Investments (Note 9)	2,002	5,537
Property, net of accumulated depreciation - $8,412 and $7,865 (Note 11)	13,033	9,801
Goodwill and other intangible assets, net (Note 12)	1,653	1,542
Deferred income taxes (Note 5)	1,944	2,234
Other assets	1,170	473
Total Assets	29,815	28,478
Current liabilities:
Current portion of long-term debt (Note 4)	455	21
Accounts payable	716	771
Other accrued liabilities (Note 3)	967	954
Total current liabilities	2,138	1,746
Long-term debt (Note 4)	3,228	3,272
Postretirement benefits other than pensions	757	766
Other liabilities (Note 3)	1,842	1,483
Total liabilities	7,965	7,267
Commitments and contingencies (Note 3)
Shareholders’ equity (Note 16):
Convertible preferred stock, Series A – Par value $100 per share; Shares authorized 3,100; Shares issued: 2,300	2,300
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1,671 million and 1,661 million	836	831
Additional paid-in capital – common stock	13,336	13,066
Retained earnings	12,339	11,320
Treasury stock, at cost; Shares held: 389 million and 262 million	(6,543)	(4,099)
Accumulated other comprehensive (loss) income	(489)	44
Total Corning Incorporated shareholders’ equity	21,779	21,162
Noncontrolling interests	71	49
Total equity	21,850	21,211
Total Liabilities and Equity	$ 29,815	$ 28,478