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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Millions
Convertible Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital Common [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Loss [Member]
Total Corning Incorporated Shareholders' Equity [Member]
Non-controlling Interests [Member]
Total
Balance at Dec. 31, 2017 $ 2,300 $ 854 $ 14,089 $ 15,930 $ (16,633) $ (842) $ 15,698 $ 72 $ 15,770
Net (loss) income       (589)     (589) 3 (586)
Other comprehensive income (loss)           265 265   265
Purchase of common stock for treasury         (814)   (814)   (814)
Shares issued to benefit plans and for option exercises     30       30   30
Common Dividends       (153)     (153)   (153)
Preferred Dividends ($10,265 per share)       (24)     (24)   (24)
Other, net       2 (2)        
Balance at Mar. 31, 2018 2,300 854 14,119 15,166 (17,449) (577) 14,413 75 14,488
Balance at Dec. 31, 2017 2,300 854 14,089 15,930 (16,633) (842) 15,698 72 15,770
Balance at Sep. 30, 2018 2,300 856 14,201 16,186 (18,517) (1,136) 13,890 88 13,978
Balance at Mar. 31, 2018 2,300 854 14,119 15,166 (17,449) (577) 14,413 75 14,488
Net (loss) income       738     738 6 744
Other comprehensive income (loss)           (458) (458) (1) (459)
Purchase of common stock for treasury         (674)   (674)   (674)
Shares issued to benefit plans and for option exercises   1 39       40   40
Common Dividends       (146)     (146)   (146)
Preferred Dividends ($10,265 per share)       (25)     (25)   (25)
Other, net       (2) (9)   (11) (6) (17)
Balance at Jun. 30, 2018 2,300 855 14,158 15,731 (18,132) (1,035) 13,877 74 13,951
Net (loss) income       625     625 8 633
Other comprehensive income (loss)           (101) (101)   (101)
Purchase of common stock for treasury         (384)   (384)   (384)
Shares issued to benefit plans and for option exercises   1 43       44   44
Common Dividends       (146)     (146)   (146)
Preferred Dividends ($10,265 per share)       (24)     (24)   (24)
Other, net         (1)   (1) 6 5
Balance at Sep. 30, 2018 2,300 856 14,201 16,186 (18,517) (1,136) 13,890 88 13,978
Balance at Dec. 31, 2018 2,300 857 14,212 16,303 (18,870) (1,010) 13,792 94 13,886
Net (loss) income       499     499 6 505
Other comprehensive income (loss)           (156) (156)   (156)
Purchase of common stock for treasury         (244)   (244)   (244)
Shares issued to benefit plans and for option exercises     31       31   31
Common Dividends       (158)     (158)   (158)
Preferred Dividends ($10,265 per share)       (24)     (24)   (24)
Other, net [1]       (131) (2)   (133) (1) (134)
Balance at Mar. 31, 2019 2,300 857 14,243 16,489 (19,116) (1,166) 13,607 99 13,706
Balance at Dec. 31, 2018 2,300 857 14,212 16,303 (18,870) (1,010) 13,792 94 13,886
Balance at Sep. 30, 2019 2,300 859 14,295 16,555 (19,588) (1,387) 13,034 100 13,134
Balance at Mar. 31, 2019 2,300 857 14,243 16,489 (19,116) (1,166) 13,607 99 13,706
Net (loss) income       92     92 13 105
Other comprehensive income (loss)           36 36   36
Purchase of common stock for treasury         (151)   (151)   (151)
Shares issued to benefit plans and for option exercises   1 34       35   35
Common Dividends       (157)     (157)   (157)
Preferred Dividends ($10,265 per share)       (25)     (25)   (25)
Other, net         (12)   (12) (16) (28)
Balance at Jun. 30, 2019 2,300 858 14,277 16,399 (19,279) (1,130) 13,425 96 13,521
Net (loss) income       337     337 4 341
Other comprehensive income (loss)           (257) (257)   (257)
Purchase of common stock for treasury         (308)   (308)   (308)
Shares issued to benefit plans and for option exercises   1 18       19   19
Common Dividends       (156)     (156)   (156)
Preferred Dividends ($10,265 per share)       (24)     (24)   (24)
Other, net       (1) (1)   (2)   (2)
Balance at Sep. 30, 2019 $ 2,300 $ 859 $ 14,295 $ 16,555 $ (19,588) $ (1,387) $ 13,034 $ 100 $ 13,134
[1] Adjustments to retained earnings include the effect of Adjustments to retained earnings include the effect of the accounting change we recorded upon adoption of the new standard for reclassification of stranded tax effects in accumulated other comprehensive income (“AOCI”) in the amount of $53 million, and a $(186) million, net of tax, effect from an equity affiliate’s adoption of the new revenue standard.