# CORNING INC /NY (GLW) FY2025 Q1 Balance Sheet

- Company: CORNING INC /NY (GLW)
- Period: As of 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-02, accession number 0001628280-25-021711
- Page: https://plicit.ai/financials/glw/fy2025-q1-balance-sheet
- Chart image: https://plicit.ai/charts/glw-fy2025-q1-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2025-03-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 27,394,000,000 US dollars
- **Current assets**: 7,644,000,000 US dollars
- **Non-current assets**: 19,750,000,000 US dollars
- **Liabilities**: 16,266,000,000 US dollars
- **Current liabilities**: 4,523,000,000 US dollars
- **Non-current liabilities**: 11,743,000,000 US dollars
- **Equity**: 11,128,000,000 US dollars
- **Noncontrolling interest**: 412,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Inventories (Note 5)**: 2,896,000,000 US dollars
- **Trade accounts receivable, net of doubtful accounts - $31 and $33**: 2,045,000,000 US dollars
- **Cash and cash equivalents**: 1,359,000,000 US dollars
- **Other current assets**: 1,344,000,000 US dollars
- **Property, plant and equipment, net of accumulated depreciation - $14,523 and $14,492**: 13,360,000,000 US dollars
- **Goodwill**: 2,371,000,000 US dollars
- **Other assets**: 2,104,000,000 US dollars
- **Deferred income taxes (Note 3)**: 1,183,000,000 US dollars
- **Other intangible assets, net**: 732,000,000 US dollars
- **Other accrued liabilities (Notes 6 and 10)**: 2,503,000,000 US dollars
- **Accounts payable**: 1,737,000,000 US dollars
- **Current portion of long-term debt and short-term borrowings (Note 7)**: 283,000,000 US dollars
- **Long-term debt (Note 7)**: 6,954,000,000 US dollars
- **Other liabilities (Notes 6 and 10)**: 4,456,000,000 US dollars
- **Postretirement benefits other than pensions (Note 8)**: 333,000,000 US dollars
- **Additional paid-in capital – common stock**: 17,327,000,000 US dollars
- **Retained earnings**: 15,839,000,000 US dollars
- **Common stock – Par value $0.50 per share; Shares authorized 3.8 billion; Shares issued: 1.8 billion and 1.8 billion**: 922,000,000 US dollars
- **Non-controlling interest**: 412,000,000 US dollars
- **Treasury stock, at cost; Shares held: 990 million and 987 million**: negative 21,012,000,000 US dollars
- **Accumulated other comprehensive loss**: negative 2,360,000,000 US dollars
- **Gross equity (calculated)**: 34,500,000,000 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.