Corning Inc. | Income Statement

Fiscal year is January-December. All values USD Millions.
2013
2014
2015
2016
2017
2018
Sales/Revenue
7,819
9,712
9,091
9,386
10,115
11,290
Cost of Goods Sold (COGS) incl. D&A
4,637
5,817
5,649
5,777
6,318
7,122
Gross Income
3,182
3,895
3,442
3,609
3,797
4,168
SG&A Expense
1,739
2,068
2,135
2,165
2,156
2,606
EBIT
1,443
1,827
-
1,444
1,641
1,562
Unusual Expense
349
1,579
584
670
391
190
Non Operating Income/Expense
191
10
583
2,761
156
106
Interest Expense
120
123
140
159
155
191
Pretax Income
2,473
3,568
1,486
3,692
1,657
1,503
Income Tax
512
1,096
147
3
2,154
437
Consolidated Net Income
1,961
2,472
1,339
3,695
497
1,066
Net Income
1,961
2,472
1,339
3,695
497
1,066
Net Income After Extraordinaries
1,961
2,472
1,339
3,695
497
1,066
Net Income Available to Common
1,961
2,378
1,241
3,597
595
968
EPS (Basic)
1.34
1.73
1.00
3.23
0.66
1.13
Basic Shares Outstanding
1,452
1,305
1,219
1,020
895
816
EPS (Diluted)
1.34
1.73
1.00
3.23
0.66
1.13
Diluted Shares Outstanding
1,462
1,427
1,343
1,144
895
941
EBITDA
2,445
3,027
2,491
2,639
2,799
2,855
Non-Operating Interest Income
8
26
21
32
45
38
Equity in Affiliates (Pretax)
547
266
299
284
361
390
Preferred Dividends
-
94
98
98
98
98

About Corning

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Address
One Riverfront Plaza
Corning New York 14831
United States
Employees -
Website http://www.corning.com
Updated 07/08/2019
Corning, Inc. develops and manufactures specialty glass and ceramics. The company provides glass for notebook computers, flat panel desktop monitors, LCD televisions, and other information display applications; optical fiber and cable and hardware and equipment products for the telecommunications industry; ceramic substrates for gasoline and diesel engines in automotive and heavy duty vehicle markets; laboratory products for the scientific community and specialized polymer products for biotechnology applications; advanced optical materials for the semiconductor industry and the scientific community; and other technologies. It operates through through the following business segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials and Life Sciences.