Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 2,514	$ 2,434
Trade accounts receivable, net of doubtful accounts and allowances - $43 and $41	2,099	1,836
Inventories, net of inventory reserves - $252 and $201 (Note 11)	2,581	2,320
Other current assets	864	873
Total current assets	8,058	7,463
Investments	354	334
Property, plant and equipment, net of accumulated depreciation - $13,874 and $12,995	15,449	15,337
Goodwill, net (Note 9)	2,427	1,935
Other intangible assets, net (Note 9)	1,332	1,185
Deferred income taxes (Note 8)	1,173	1,157
Other assets	1,474	1,487
Total Assets	30,267	28,898
Current liabilities:
Current portion of long-term debt and short-term borrowings	256	11
Accounts payable	1,176	1,587
Other accrued liabilities (Note 6 and Note 13)	2,417	1,923
Total current liabilities	3,849	3,521
Long-term debt (Note 12)	7,822	7,729
Postretirement benefits other than pensions	667	671
Other liabilities (Note 6 and Note 13)	5,072	3,980
Total liabilities	17,410	15,901
Commitments, contingencies and guarantees (Note 6)
Shareholders’ equity (Note 16):
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: 1,722 million and 1,718 million	861	859
Additional paid-in capital – common stock	14,494	14,323
Retained earnings	16,065	16,408
Treasury stock, at cost; Shares held: 961 million and 956 million	(19,926)	(19,812)
Accumulated other comprehensive loss	(1,134)	(1,171)
Total Corning Incorporated shareholders’ equity	12,660	12,907
Noncontrolling interests	197	90
Total equity	12,857	12,997
Total Liabilities and Equity	$ 30,267	$ 28,898