# CORNING INC /NY (GLW) FY2024 Q3 Balance Sheet

- Company: CORNING INC /NY (GLW)
- Period: As of 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-11-01, accession number 0001437749-24-032912
- Page: https://plicit.ai/financials/glw/fy2024-q3-balance-sheet
- Chart image: https://plicit.ai/charts/glw-fy2024-q3-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-09-30. The chart shows assets, liabilities and equity at that date.

- **Assets**: 28,322,000,000 US dollars
- **Current assets**: 7,676,000,000 US dollars
- **Non-current assets**: 20,646,000,000 US dollars
- **Liabilities**: 16,855,000,000 US dollars
- **Current liabilities**: 4,637,000,000 US dollars
- **Non-current liabilities**: 12,218,000,000 US dollars
- **Equity**: 11,467,000,000 US dollars
- **Noncontrolling interest**: 364,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Inventories (Note 6)**: 2,793,000,000 US dollars
- **Trade accounts receivable, net of doubtful accounts - $33 and $30**: 1,986,000,000 US dollars
- **Cash and cash equivalents**: 1,613,000,000 US dollars
- **Other current assets**: 1,284,000,000 US dollars
- **Property, plant and equipment, net of accumulated depreciation - $15,140 and $14,553**: 14,059,000,000 US dollars
- **Goodwill**: 2,390,000,000 US dollars
- **Other assets**: 2,172,000,000 US dollars
- **Deferred income taxes (Note 4)**: 1,211,000,000 US dollars
- **Other intangible assets, net**: 814,000,000 US dollars
- **Other accrued liabilities (Notes 7 and 11)**: 2,737,000,000 US dollars
- **Accounts payable**: 1,565,000,000 US dollars
- **Current portion of long-term debt and short-term borrowings (Note 8)**: 335,000,000 US dollars
- **Long-term debt (Note 8)**: 7,073,000,000 US dollars
- **Other liabilities (Notes 7 and 11)**: 4,788,000,000 US dollars
- **Postretirement benefits other than pensions (Note 9)**: 357,000,000 US dollars
- **Additional paid-in capital – common stock**: 17,177,000,000 US dollars
- **Retained earnings**: 15,859,000,000 US dollars
- **Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.8 billion**: 920,000,000 US dollars
- **Non-controlling interest**: 364,000,000 US dollars
- **Treasury stock, at cost; Shares held: 986 million and 980 million**: negative 20,845,000,000 US dollars
- **Accumulated other comprehensive loss**: negative 2,008,000,000 US dollars
- **Gross equity (calculated)**: 34,320,000,000 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.
