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Note 6 - Earnings Per Common Share - Computation of Basic and Diluted Earnings per Common Share (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Convertible Preferred Stock, Series A [Member]        
Series A convertible preferred stock dividend $ 24,000,000 $ 24,000,000 $ 73,000,000 $ 73,000,000
Plus: Series A convertible preferred stock dividend (1) $ 24,000,000 $ 73,000,000 $ 73,000,000
Effect of dilutive securities:        
Effect of dilutive securities (in shares) [1] 115,000,000 115,000,000 115,000,000
Stock Options and Other Dilutive Securities [Member]        
Effect of dilutive securities:        
Effect of dilutive securities (in shares) 9,000,000 8,000,000 9,000,000 10,000,000
Convertible Preferred Stock, Series A [Member]        
Antidilutive potential shares excluded from diluted earnings per common share:        
Antidilutive potential shares excluded from diluted earnings per common share (in shares) [1] 0 115,000,000 0 0
Stock Compensation Plan [Member]        
Antidilutive potential shares excluded from diluted earnings per common share:        
Antidilutive potential shares excluded from diluted earnings per common share (in shares) 13,000,000 29,000,000 18,000,000 22,000,000
Accelerated Share Repurchase Foward Contracts [Member]        
Antidilutive potential shares excluded from diluted earnings per common share:        
Antidilutive potential shares excluded from diluted earnings per common share (in shares) 14,000,000 0 14,000,000 0
Net income attributable to Corning Incorporated $ 284,000,000 $ 212,000,000 $ 2,123,000,000 $ 1,115,000,000
Net income available to common stockholders – basic 260,000,000 188,000,000 2,050,000,000 1,042,000,000
Net income available to common stockholders – diluted $ 284,000,000 $ 188,000,000 $ 2,123,000,000 $ 1,115,000,000
Weighted-average common shares outstanding – basic (in shares) 978,000,000 1,210,000,000 1,046,000,000 1,241,000,000
Weighted-average common shares outstanding – diluted (in shares) 1,102,000,000 1,218,000,000 1,170,000,000 1,366,000,000
Basic earnings per common share (in dollars per share) $ 0.27 $ 0.16 $ 1.96 $ 0.84
Diluted earnings per common share (in dollars per share) $ 0.26 $ 0.15 $ 1.81 $ 0.82
Antidilutive potential shares excluded from diluted earnings per common share (in shares) 27,000,000 144,000,000 32,000,000 22,000,000
[1] In the three months ended September 30, 2015, the Series A convertible preferred stock was anti-dilutive and therefore excluded from the calculation of diluted earnings per share.