Corning Incorporated
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.53B | $1.77B | $1.78B | $1.67B | $2.15B | $2.67B | $2.43B | $2.36B |
| Accounts Receivable | $2.78B | $2.05B | $1.57B | $1.72B | $2.00B | $2.13B | $1.84B | $1.94B |
| Inventory | $3.08B | $2.72B | $2.67B | $2.90B | $2.48B | $2.44B | $2.32B | $2.04B |
| Total Current Assets | $8.94B | $7.99B | $7.21B | $7.45B | $7.66B | $8.00B | $7.46B | $7.03B |
| Property, Plant & Equipment | $14.83B | $13.36B | $14.63B | $15.37B | $15.80B | $15.74B | $15.34B | $14.90B |
| Goodwill | $2.49B | $2.36B | $2.38B | $2.39B | $2.42B | $2.46B | $1.94B | $1.94B |
| Intangible Assets (Excl. Goodwill) | $657.0M | $752.0M | $905.0M | $1.03B | $1.15B | $1.31B | $1.19B | $1.29B |
| Total Assets | $30.98B | $27.74B | $28.50B | $29.50B | $30.15B | $30.78B | $28.90B | $27.51B |
| Liabilities | ||||||||
| Accounts Payable | $1.98B | $1.47B | $1.47B | $1.80B | $1.61B | $1.17B | $1.59B | $1.46B |
| Total Current Liabilities | $5.63B | $4.92B | $4.32B | $5.18B | $4.81B | $3.77B | $3.52B | $3.31B |
| Long-Term Debt | $7.63B | $6.89B | $7.21B | $6.69B | $6.99B | $7.82B | $7.73B | $5.99B |
| Total Liabilities | $18.67B | $16.67B | $16.63B | $17.22B | $17.61B | $17.33B | $15.90B | $13.62B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $16.55B | $15.93B | $16.39B | $16.78B | $16.39B | $16.12B | $16.41B | $16.30B |
| Total Stockholders' Equity | $11.81B | $10.69B | $11.55B | $12.01B | $12.33B | $13.26B | $12.91B | $13.79B |