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Note 20 - Reportable Segments - Reportable Segments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Depreciation (1) $ 1,352 $ 1,399 $ 1,390
Research, development and engineering expenses (2) 995 1,154 1,031
Income tax (provision) benefit (3) 491 111 256
Net income attributable to Corning Incorporated 1,906 512 960
Operating Segments [Member]      
Net sales of reportable segments and All Other [2] 14,120 [1] 11,452 [1] 11,656
Depreciation (1) [3] 1,315 1,215 1,192
Research, development and engineering expenses (2) [4] 838 754 867
Income tax (provision) benefit (3) [5] (612) (435) (451)
Net income attributable to Corning Incorporated [6] 2,296 1,628 1,701
Investment in affiliated companies, at equity 264 258 291
Segment assets (5) [7] 18,954 19,022 18,026
Capital expenditures 1,699 928 1,899
Display Products [Member] | Operating Segments [Member]      
Net sales of reportable segments and All Other 3,700 3,172 3,254
Depreciation (1) [3] 605 548 583
Research, development and engineering expenses (2) [4] 110 99 119
Income tax (provision) benefit (3) [5] (249) (190) (206)
Net income attributable to Corning Incorporated [6] 960 717 786
Investment in affiliated companies, at equity 109 107 145
Segment assets (5) [7] 8,498 8,777 9,022
Capital expenditures 710 311 872
Optical Communications [Member] | Operating Segments [Member]      
Net sales of reportable segments and All Other 4,349 3,563 4,064
Depreciation (1) [3] 224 242 237
Research, development and engineering expenses (2) [4] 216 204 218
Income tax (provision) benefit (3) [5] (152) (101) (134)
Net income attributable to Corning Incorporated [6] 553 366 489
Investment in affiliated companies, at equity 3 3 3
Segment assets (5) [7] 3,183 2,868 3,004
Capital expenditures 301 127 329
Specialty Materials [Member] | Operating Segments [Member]      
Net sales of reportable segments and All Other 2,008 1,884 1,594
Depreciation (1) [3] 161 162 145
Research, development and engineering expenses (2) [4] 208 155 154
Income tax (provision) benefit (3) [5] (99) (113) (81)
Net income attributable to Corning Incorporated [6] 371 423 302
Investment in affiliated companies, at equity 6 4 3
Segment assets (5) [7] 2,308 2,551 2,433
Capital expenditures 183 125 176
Environmental Technologies [Member] | Operating Segments [Member]      
Net sales of reportable segments and All Other 1,586 1,370 1,499
Depreciation (1) [3] 139 132 128
Research, development and engineering expenses (2) [4] 111 100 118
Income tax (provision) benefit (3) [5] (72) (52) (70)
Net income attributable to Corning Incorporated [6] 269 197 263
Investment in affiliated companies, at equity
Segment assets (5) [7] 2,150 1,986 1,912
Capital expenditures 228 159 287
Life Science Products [Member] | Operating Segments [Member]      
Net sales of reportable segments and All Other 1,234 998 1,015
Depreciation (1) [3] 52 50 49
Research, development and engineering expenses (2) [4] 33 26 21
Income tax (provision) benefit (3) [5] (51) (37) (40)
Net income attributable to Corning Incorporated [6] 194 139 150
Investment in affiliated companies, at equity 4 2 3
Segment assets (5) [7] 791 683 627
Capital expenditures 128 83 80
Other Segments [Member] | Operating Segments [Member]      
Net sales of reportable segments and All Other 1,243 465 230
Depreciation (1) [3] 134 81 50
Research, development and engineering expenses (2) [4] 160 170 237
Income tax (provision) benefit (3) [5] 11 58 80
Net income attributable to Corning Incorporated [6] (51) (214) (289)
Investment in affiliated companies, at equity 142 142 137
Segment assets (5) [7] 2,024 2,157 1,028
Capital expenditures $ 149 $ 123 $ 155
[1] Includes HSG’s net sales and long-lived assets as of December 31, 2021 and 2020. Refer to Note 3 (Investments) and Note 4 (HSG Transactions and Acquisitions) to the consolidated financial statements for more information.
[2] Net sales are attributed to countries based on location of customer.
[3] Depreciation expense for Corning’s reportable segments includes an allocation of depreciation of corporate property not specifically identifiable to a segment.
[4] Research, development and engineering expenses include direct project spending that is identifiable to a segment.
[5] Incometax (provision) benefit reflects a tax rate of 21%.
[6] Many of Corning’s administrative and staff functions are performed on a centralized basis. Where practicable, Corning charges these expenses to segments based upon the extent to which each business uses a centralized function. Other staff functions, such as corporate finance, human resources and legal, are allocated to segments, primarily as a percentage of sales. Expenses that are not allocated to the segments are included in the reconciliation of reportable segment net income (loss) to consolidated net income.
[7] Segment assets include inventory, accounts receivable, property, plant and equipment, net of accumulated depreciation, and associated equity companies. HSGa ssets are included as of December 31, 2020.