CORNING INC /NY (GLW) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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CORNING INC /NY cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $1,017,000,000.00Customer deposits and government incentives → Operating adjustments reconciliation: $709,000,000.00Depreciation → Operating adjustments reconciliation: $702,000,000.00Share-based compensation expense → Operating adjustments reconciliation: $250,000,000.00Other, net → Operating adjustments reconciliation: $218,000,000.00Accounts payable and other current liabilities → Operating adjustments reconciliation: $195,000,000.00Amortization of purchased intangibles → Operating adjustments reconciliation: $46,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,062,000,000.00Operating adjustments reconciliation → Inventories: $377,000,000.00Operating adjustments reconciliation → Trade accounts receivable: $255,000,000.00Operating adjustments reconciliation → Other current assets: $144,000,000.00Operating adjustments reconciliation → Deferred income: $102,000,000.00Operating adjustments reconciliation → Deferred tax benefit: $101,000,000.00Operating adjustments reconciliation → Translated earnings contract gain, net: $74,000,000.00Operating adjustments reconciliation → Translation (gain) loss on foreign denominated debt, net: $5,000,000.00Realized gains on translated earnings contracts and other → investing reconciliation: $278,000,000.00Proceeds from government incentives → investing reconciliation: $8,000,000.00Other, net → investing reconciliation: $8,000,000.00investing reconciliation → Capital expenditures: $754,000,000.00investing reconciliation → Premiums paid on hedging contracts: $102,000,000.00Net cash used in financing activities → financing reconciliation: $572,000,000.00Proceeds from warrants → financing reconciliation: $500,000,000.00Proceeds from issuance of debt and short-term borrowings → financing reconciliation: $449,000,000.00Proceeds from exercise of stock options → financing reconciliation: $23,000,000.00financing reconciliation → Repayments of debt: $691,000,000.00financing reconciliation → Dividends paid: $495,000,000.00financing reconciliation → Payments of employee withholding tax on stock awards: $279,000,000.00financing reconciliation → Other, net: $79,000,000.00Net cash used in investing activities → investing reconciliation: $562,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,566,000,000.00Net cash from operating activities → Cash sources and uses: $2,079,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $2,511,000,000.00Cash sources and uses → Net cash used in investing activities: $562,000,000.00Cash sources and uses → Net cash used in financing activities: $572,000,000.00Net income: $1,017,000,000.00Net income+$1.02 BDepreciation: $702,000,000.00Depreciation expense+$702.00 MAmortization of purchased intangibles: $46,000,000.00Intangible amortization+$46.00 MShare-based compensation expense: $250,000,000.00Stock-based compensation+$250.00 MTranslation (gain) loss on foreign denominated debt, net: -$5,000,000.00Foreign debt translation, net−$5.00 MDeferred tax benefit: -$101,000,000.00Deferred income taxes−$101.00 MTranslated earnings contract gain, net: -$74,000,000.00Translated earnings contract, net−$74.00 MTrade accounts receivable: -$255,000,000.00Accounts receivable−$255.00 MInventories: -$377,000,000.00Inventories−$377.00 MOther current assets: -$144,000,000.00Other current assets−$144.00 MAccounts payable and other current liabilities: $195,000,000.00Payables & accrued liabilities+$195.00 MCustomer deposits and government incentives: $709,000,000.00Customer deposits & incentives+$709.00 MDeferred income: -$102,000,000.00Unearned revenue−$102.00 MOther, net: $218,000,000.00Other working capital, net+$218.00 MNet cash from operating activities: $2,079,000,000.00Operating cash+$2.08 BOperating adjustments reconciliation: $2,120,000,000.00Repayments of debt: -$691,000,000.00Debt repaid−$691.00 MProceeds from issuance of debt and short-term borrowings: $449,000,000.00Debt issued+$449.00 MProceeds from warrants: $500,000,000.00Warrants issued+$500.00 MPayments of employee withholding tax on stock awards: -$279,000,000.00Stock-award tax withholding−$279.00 MProceeds from exercise of stock options: $23,000,000.00Stock option exercises+$23.00 MDividends paid: -$495,000,000.00Ordinary dividends paid−$495.00 MOther, net: -$79,000,000.00Other financing, net−$79.00 MNet cash used in financing activities: -$572,000,000.00. Cash required to fund net payments.Financing cash−$572.00 Mfinancing reconciliation: $1,544,000,000.00Capital expenditures: -$754,000,000.00Capital improvements−$754.00 MProceeds from government incentives: $8,000,000.00Government incentives received+$8.00 MRealized gains on translated earnings contracts and other: $278,000,000.00Investing derivative proceeds+$278.00 MPremiums paid on hedging contracts: -$102,000,000.00Investing hedge payments−$102.00 MOther, net: $8,000,000.00Other investing, net+$8.00 MNet cash used in investing activities: -$562,000,000.00. Cash required to fund net payments.Investing cash−$562.00 Minvesting reconciliation: $856,000,000.00Cash sources and uses: $3,645,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,566,000,000.00Beginning cash$1.57 BEnding cash: Cash, cash equivalents, and restricted cash: $2,511,000,000.00Ending cash$2.51 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flowNot availableCash flow / Net income2.04×Operating cash flow ÷ net incomeNet cash change+$945.00 MEnding cash − beginning cash
Chart details

CORNING INC /NY cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
1,566,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
2,079,000,000 US dollars. Net cash provided.
Net income
1,017,000,000 US dollars
Depreciation
702,000,000 US dollars
Amortization of purchased intangibles
46,000,000 US dollars
Share-based compensation expense
250,000,000 US dollars
Translation (gain) loss on foreign denominated debt, net
negative 5,000,000 US dollars
Deferred tax benefit
negative 101,000,000 US dollars
Translated earnings contract gain, net
negative 74,000,000 US dollars
Trade accounts receivable
negative 255,000,000 US dollars
Inventories
negative 377,000,000 US dollars
Other current assets
negative 144,000,000 US dollars
Accounts payable and other current liabilities
195,000,000 US dollars
Customer deposits and government incentives
709,000,000 US dollars
Deferred income
negative 102,000,000 US dollars
Other, net
218,000,000 US dollars
Investing activities
negative 562,000,000 US dollars. Net cash used.
Capital expenditures
negative 754,000,000 US dollars
Proceeds from government incentives
8,000,000 US dollars
Realized gains on translated earnings contracts and other
278,000,000 US dollars
Premiums paid on hedging contracts
negative 102,000,000 US dollars
Other, net
8,000,000 US dollars
Financing activities
negative 572,000,000 US dollars. Net cash used.
Repayments of debt
negative 691,000,000 US dollars
Proceeds from issuance of debt and short-term borrowings
449,000,000 US dollars
Proceeds from warrants
500,000,000 US dollars
Payments of employee withholding tax on stock awards
negative 279,000,000 US dollars
Proceeds from exercise of stock options
23,000,000 US dollars
Dividends paid
negative 495,000,000 US dollars
Other, net
negative 79,000,000 US dollars
Operating adjustment reconciliation
2,120,000,000 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
1,544,000,000 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
856,000,000 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
0 US dollars
Ending cash on Jun 30, 2026
2,511,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
3,645,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
945,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.04×. 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 enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.06B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced 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.
CORNING INC /NY (GLW) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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