Note 4 - Earnings per Common Share

9 Months Ended

Sep. 30, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

4. Earnings Per Common Share

The following table presents the reconciliation of the amounts used to compute basic and diluted earnings per common share (in millions, except per share amounts):

	Three months ended				Nine months ended
	September 30,				September 30,
	2023		2022		2023		2022
Net income attributable to Corning Incorporated	$	164	$	208	$	621	$	1,352
Weighted-average common shares outstanding – basic		850		843		848		843
Effect of dilutive securities:
Stock options and other awards		9		12		10		14
Weighted-average common shares outstanding – diluted		859		855		858		857
Basic earnings per common share	$	0.19	$	0.25	$	0.73	$	1.60
Diluted earnings per common share	$	0.19	$	0.24	$	0.72	$	1.58
Anti-dilutive potential shares excluded from diluted earnings per common share:
Stock options and other awards		3		3		3		2