Note 8 - Acquisition (Tables)

12 Months Ended

Dec. 31, 2014

Note 8 - Acquisition (Tables) [Line Items]

Schedule of Business Acquisition Net Consideration Applied to Acquired Assets [Table Text Block]

Net consideration applied to acquired assets	Samsung Display		Corning Incorporated		Samsung Corning Precision Materials
Ownership percentage		42.5%		57.5%		100%
Fair value based on $1.9 billion consideration transferred	$	1,911	$	2,588	$	4,499
Less contingent consideration - receivable		(196)		(265)		(461)
Net fair value of consideration @ 100%		1,715		2,323		4,038
Corning’s loss on royalty contract		(136)		(184)		(320)
Fair value post-acquisition	$	1,579	$	2,139	$	3,718
Corning’s fair value 57.5% post-acquisition		2,139
Total fair value at January 15, 2014	$	3,718

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

December 2013 Investment Balance	$	3,709
Dividend (1)		(1,574)
Other		(18)
Net investment book balance at 1/15/2014	$	2,117
Fair value Samsung Corning Precision Materials	$	4,038
57.5% of Samsung Corning Precision Materials (2)		2,323
Working capital adjustment and other		52
57.5% of the pre-acquisition fair value of assets	$	2,375
Gain on previously held equity investment (2)	$	258
Translation gain		136
Net gain	$	394

Business Acquisition, Pro Forma Information [Table Text Block]

	Twelve months ended December 31, 2013
Net sales	$	9,871
Net income attributable to Corning Incorporated – basic earnings per share	$	2,327
Net income – attributable to Corning Incorporated – diluted earnings per share	$	2,425
Earnings per common share attributable to common shareholders
Basic	$	1.60
Diluted	$	1.54
Shares used in computing per share amounts
Basic		1,452
Diluted		1,577

Samsung Corning Precision Materials Co., Ltd. [Member]

Note 8 - Acquisition (Tables) [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Cash and cash equivalents (1)	$	133
Trade receivables (3)		357
Inventory (3)		105
Property, plant and equipment (3)		3,595
Other current and non-current assets (3)		71
Debt – current		(32)
Accounts payable and accrued expenses (3)		(357)
Other current and non-current liabilities (3)		(294)
Total identified net assets (3)		3,578
Non-controlling interests		15
Fair value of Samsung Corning Precision Materials on acquisition date		(3,718)
Goodwill (2)(3)	$	125

Purchased Assets [Member]

Note 8 - Acquisition (Tables) [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Inventory and other current assets	$	74
Fixed Assets		81
Other intangible assets		279
Net tangible and intangible assets	$	434
Purchase price		739
Goodwill (1)	$	305