# CORNING INC /NY (GLW) FY2025 Q1 Statement of Cash Flows

- Company: CORNING INC /NY (GLW)
- Period: 2025-01-01 to 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-cash-flow
- Chart image: https://plicit.ai/charts/glw-fy2025-q1-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2025 through Mar 31, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2024. Ending cash: Mar 31, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2024**: 1,768,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 151,000,000 US dollars. Net cash provided.
- **Share-based compensation expense**: 54,000,000 US dollars
- **Translation loss (gain) on Japanese yen-denominated debt, net**: 43,000,000 US dollars
- **Amortization of purchased intangibles**: 28,000,000 US dollars
- **Other, net**: negative 37,000,000 US dollars
- **Depreciation**: 291,000,000 US dollars
- **Customer deposits and government incentives**: negative 16,000,000 US dollars
- **Net income**: 185,000,000 US dollars
- **Deferred income**: negative 29,000,000 US dollars
- **Other current assets**: negative 30,000,000 US dollars
- **Accounts payable and other current liabilities**: negative 253,000,000 US dollars
- **Trade accounts receivable**: 10,000,000 US dollars
- **Inventories**: negative 146,000,000 US dollars
- **Deferred tax (benefit) provision**: negative 50,000,000 US dollars
- **Translated earnings contract loss (gain), net**: 101,000,000 US dollars
- **Investing activities**: negative 165,000,000 US dollars. Net cash used.
- **Realized gains on translated earnings contracts and other**: 56,000,000 US dollars
- **Capital expenditures**: negative 208,000,000 US dollars
- **Other, net**: negative 13,000,000 US dollars
- **Financing activities**: negative 403,000,000 US dollars. Net cash used.
- **Dividends paid**: negative 242,000,000 US dollars
- **Other, net**: negative 20,000,000 US dollars
- **Repayments of debt**: negative 47,000,000 US dollars
- **Proceeds from exercise of stock options**: 11,000,000 US dollars
- **Purchases of common stock for treasury**: negative 100,000,000 US dollars
- **Payments of employee withholding tax on stock awards**: negative 29,000,000 US dollars
- **Proceeds from cross currency swap**: 24,000,000 US dollars
- **Operating adjustment reconciliation**: 561,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 438,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 221,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 8,000,000 US dollars
- **Ending cash on Mar 31, 2025**: 1,359,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 1,927,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 409,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.82×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income exceeds operating cash. The diagram allocates $151.00M of net income directly to operating cash and $34.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.