Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,146	$ 1,671
Trade accounts receivable, net of doubtful accounts - $27 and $40	1,688	1,721
Inventories (Note 5)	2,863	2,904
Other current assets	1,180	1,157
Total current assets	6,877	7,453
Property, plant and equipment, net of accumulated depreciation - $14,239 and $14,147	15,137	15,371
Goodwill, net	2,394	2,394
Other intangible assets, net	1,002	1,029
Deferred income taxes (Note 3)	1,106	1,073
Other assets	2,306	2,179
Total Assets	28,822	29,499
Current liabilities:
Current portion of long-term debt and short-term borrowings	197	224
Accounts payable	1,662	1,804
Other accrued liabilities (Notes 6 and 9)	2,914	3,147
Total current liabilities	4,773	5,175
Long-term debt (Note 7)	6,654	6,687
Postretirement benefits other than pensions (Note 8)	405	407
Other liabilities (Notes 6 and 9)	4,783	4,955
Total liabilities	16,615	17,224
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	911	910
Additional paid-in capital – common stock	16,746	16,682
Retained earnings	16,713	16,778
Treasury stock, at cost; Shares held: 977 million and 977 million	(20,548)	(20,532)
Accumulated other comprehensive loss	(1,897)	(1,830)
Total Corning Incorporated shareholders’ equity	11,925	12,008
Non-controlling interest	282	267
Total equity	12,207	12,275
Total Liabilities and Equity	$ 28,822	$ 29,499