Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 2,148	$ 2,672
Trade accounts receivable, net of doubtful accounts - $42 and $46	2,004	2,133
Inventories, net (Note 6)	2,481	2,438
Other current assets (Note 11 and 15)	1,026	761
Total current assets	7,659	8,004
Property, plant and equipment, net (3)	15,804	15,742
Goodwill, net (Note 10)	2,421	2,460
Other intangible assets, net (Note 10)	1,148	1,308
Deferred tax assets	1,066	1,121
Other non-current assets (4)	2,056	2,140
Total Assets	30,154	30,775
Current liabilities:
Current portion of long-term debt and short-term borrowings (Note 12)	55	156
Accounts payable	1,612	1,174
Other accrued liabilities (Note 11 and 14)	3,139	2,437
Total current liabilities	4,806	3,767
Long-term debt	6,989	7,816
Postretirement benefits other than pensions (Note 13)	622	727
Other liabilities (Note 11 and 14)	5,192	5,017
Total liabilities	17,609	17,327
Commitments and contingencies (Note 14)
Shareholders’ equity (Note 17):
Convertible preferred stock, Series A – Par value $100 per share; Shares authorized 10 million; Shares issued: 0 and 2,300		2,300
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.7 billion	907	863
Additional paid-in capital – common stock	16,475	14,642
Retained earnings	16,389	16,120
Treasury stock, at cost; Shares held: 970 million and 961 million	(20,263)	(19,928)
Accumulated other comprehensive loss	(1,175)	(740)
Total Corning Incorporated shareholders’ equity	12,333	13,257
Noncontrolling interest	212	191
Total equity	12,545	13,448
Total Liabilities and Equity	$ 30,154	$ 30,775