Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,629	$ 2,148
Trade accounts receivable, net of doubtful accounts - $38 and $42	1,786	2,004
Inventories, net (Note 5)	2,835	2,481
Other current assets	1,633	1,026
Total current assets	7,883	7,659
Property, plant and equipment, net of accumulated depreciation - $13,499 and $13,969	15,350	15,804
Goodwill, net	2,389	2,421
Other intangible assets, net	1,088	1,148
Deferred income taxes (Note 3)	982	1,066
Other assets	2,026	2,056
Total Assets	29,718	30,154
Current liabilities:
Current portion of long-term debt and short-term borrowings (Note 7)	121	55
Accounts payable	1,934	1,612
Other accrued liabilities (Note 6 and Note 9)	3,475	3,139
Total current liabilities	5,530	4,806
Long-term debt (Note 7)	6,677	6,989
Postretirement benefits other than pensions (Note 8)	588	622
Other liabilities (Note 6 and Note 9)	4,941	5,192
Total liabilities	17,736	17,609
Commitments and contingencies (Note 9)
Shareholders’ equity (Note 12):
Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.8 billion	910	907
Additional paid-in capital – common stock	16,590	16,475
Retained earnings	16,837	16,389
Treasury stock, at cost; Shares held: 976 million and 970 million	(20,509)	(20,263)
Accumulated other comprehensive loss	(2,094)	(1,175)
Total Corning Incorporated shareholders’ equity	11,734	12,333
Non-controlling interests	248	212
Total equity	11,982	12,545
Total Liabilities and Equity	$ 29,718	$ 30,154