Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 4,189	$ 5,291
Trade accounts receivable, net of doubtful accounts and allowances - $62 and $59	1,640	1,481
Inventories, net of inventory reserves - $156 and $151 (Note 6)	1,616	1,471
Other current assets	986	805
Total current assets	8,431	9,048
Investments (Note 7)	348	336
Property, plant and equipment, net of accumulated depreciation - $10,511 and $9,884	13,060	12,546
Goodwill, net (Note 8)	1,608	1,577
Other intangible assets, net (Note 8)	842	796
Deferred income taxes (Note 4)	2,651	2,325
Other assets	890	1,271
Total Assets	27,830	27,899
Current liabilities:
Current portion of long-term debt and short-term borrowings (Note 3)	631	256
Accounts payable	1,096	1,079
Other accrued liabilities (Note 2 and Note 10)	1,081	1,416
Total current liabilities	2,808	2,751
Long-term debt	3,302	3,646
Postretirement benefits other than pensions (Note 9)	712	737
Other liabilities (Note 2 and Note 10)	2,928	2,805
Total liabilities	9,750	9,939
Commitments and contingencies (Note 2)
Shareholders’ equity (Note 13):
Convertible preferred stock, Series A – Par value $100 per share; Shares authorized 3,100; Shares issued: 2,300	2,300	2,300
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1,705 million and 1,691 million	852	846
Additional paid-in capital – common stock	13,962	13,695
Retained earnings	17,303	16,880
Treasury stock, at cost; Shares held: 803 million and 765 million	(15,204)	(14,152)
Accumulated other comprehensive loss	(1,201)	(1,676)
Total Corning Incorporated shareholders’ equity	18,012	17,893
Noncontrolling interests	68	67
Total equity	18,080	17,960
Total Liabilities and Equity	$ 27,830	$ 27,899