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Note 3 - Investments - Results From Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net sales $ 14,082 $ 11,303 $ 11,503
Gross profit 5,063 3,531 4,035
Net income (loss) attributable to the affiliated companies 1,935 523 979
Corning’s equity in earnings (losses) of affiliated companies 35 (25) 17
Dividends received from affiliated companies 8 1 106
Current assets 7,659 8,004  
Short-term borrowings, including current portion of long-term debt 55 156  
Other long-term liabilities 5,192 5,017  
Non-controlling interest 212 191  
Intercompany receivables and payables within HSG (included in current assets and other current liabilities)   8  
Affiliated Companies [Member]      
Net sales [1] 816 1,201 1,508
Gross profit [1] 104 136 79
Net income (loss) [1] 113 (48) (102)
Net income (loss) attributable to the affiliated companies [1] 114 (15) 70
Corning’s equity in earnings (losses) of affiliated companies [1] 35 (25) 17
Corning sales to affiliated companies 312 253 277
Corning purchases from affiliated companies 12 8 12
Corning transfers of assets, at cost, to affiliated companies 1 9 8
Dividends received from affiliated companies 6 1 106
Current assets 648 534  
Noncurrent assets 549 466  
Short-term borrowings, including current portion of long-term debt 6 2  
Other current liabilities 159 164  
Long-term debt 58 60  
Other long-term liabilities 66 11  
Balances due from affiliated companies 38 36  
Balances due to affiliated companies 1 1  
HSG [Member]      
Net sales   423 779
Gross profit   87 9
Net income (loss) [2]   11 (117)
Net income (loss) attributable to the affiliated companies   44 54
Corning’s equity in earnings (losses) of affiliated companies   22 27
Corning sales to affiliated companies 55 112
Dividends received from affiliated companies   $ 100
Current assets   853  
Noncurrent assets   725  
Short-term borrowings, including current portion of long-term debt   178  
Other current liabilities   337  
Long-term debt   6  
Other long-term liabilities   1,499  
Non-controlling interest   $ 9  
[1] The year ended December 31, 2020, only include HSG's results of operations through September 8, 2020. Immediately following the Redemption, Corning began consolidating HSG on September 9, 2020.
[2] HSG's net income for the period ended September 8, 2020, included a pre-tax gain recorded in the second quarter of 2020, related to the settlement of a long-term supply agreement of approximately $165 million, partially offset by an inventory provision of approximately $44 million associated with the settlement of the agreement. Prior to the Redemption, in the third quarter of 2020, HSG recorded a pre-tax loss of $200 million resulting from the TCS Settlement, of which Corning’s share of the pre-tax loss was $81 million. Accordingly, Corning’s share of the net impact was an equity loss of $19 million.