# CORNING INC /NY (GLW) FY2024 Annual Balance Sheet

- Company: CORNING INC /NY (GLW)
- Period: As of 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-13, accession number 0001628280-25-005347
- Page: https://plicit.ai/financials/glw/fy2024-annual-balance-sheet
- Chart image: https://plicit.ai/charts/glw-fy2024-annual-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 27,735,000,000 US dollars
- **Current assets**: 7,992,000,000 US dollars
- **Non-current assets**: 19,743,000,000 US dollars
- **Liabilities**: 16,665,000,000 US dollars
- **Current liabilities**: 4,919,000,000 US dollars
- **Non-current liabilities**: 11,746,000,000 US dollars
- **Equity**: 11,070,000,000 US dollars
- **Noncontrolling interest**: 384,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Inventories (Note 4)**: 2,724,000,000 US dollars
- **Trade accounts receivable, net of doubtful accounts - $33 and $30**: 2,053,000,000 US dollars
- **Cash and cash equivalents**: 1,768,000,000 US dollars
- **Other current assets (Notes 9 and 13)**: 1,447,000,000 US dollars
- **Property, plant and equipment, net of accumulated depreciation - $14,492 and $14,553 (Note 7)**: 13,359,000,000 US dollars
- **Goodwill (Note 8)**: 2,363,000,000 US dollars
- **Other assets (Notes 9 and 13)**: 2,139,000,000 US dollars
- **Deferred income taxes (Note 6)**: 1,130,000,000 US dollars
- **Other intangible assets, net (Note 8)**: 752,000,000 US dollars
- **Other accrued liabilities (Notes 9 and 12)**: 3,121,000,000 US dollars
- **Accounts payable**: 1,472,000,000 US dollars
- **Current portion of long-term debt and short-term borrowings (Note 10)**: 326,000,000 US dollars
- **Long-term debt (Note 10)**: 6,885,000,000 US dollars
- **Other liabilities (Notes 9 and 12)**: 4,525,000,000 US dollars
- **Postretirement benefits other than pensions (Note 11)**: 336,000,000 US dollars
- **Additional paid-in capital – common stock**: 17,264,000,000 US dollars
- **Retained earnings**: 15,926,000,000 US dollars
- **Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.8 billion**: 921,000,000 US dollars
- **Non-controlling interest**: 384,000,000 US dollars
- **Treasury stock, at cost; Shares held: 987 million and 980 million**: negative 20,882,000,000 US dollars
- **Accumulated other comprehensive loss**: negative 2,543,000,000 US dollars
- **Gross equity (calculated)**: 34,495,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.