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Corning Inc.$34.51$.782.31%

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Income Statement for Corning Inc.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $11,290.00 $10,116.00 $9,390.00
Cost of Goods Sold $6,829.00 $6,084.00 $5,644.00
Gross Profit $4,461.00 $4,032.00 $3,746.00
       
Research & Development Expense $993.00 $860.00 $742.00
Selling, General, & Admin. Expense $1,799.00 $1,467.00 $1,549.00
Income Before Depreciation $1,669.00 $1,705.00 $1,455.00
       
Depreciation, Depletion, Amortization $94.00 $75.00 $64.00
Non-Operating Income $119.00 $182.00 $2,460.00
Interest Expense $191.00 $155.00 $159.00
Pretax Income $1,503.00 $1,657.00 $3,692.00
       
Provision for Income Taxes $437.00 $2,154.00 ($3.00)
Minority Interest N/A $0.00 $0.00
Investment Gains (Losses) N/A $0.00 $0.00
Other Income N/A $0.00 $0.00
Income Before Extraordinaries $1,066.00 ($497.00) $3,695.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $1,066.00 ($497.00) $3,695.00
       
Basic Earnings Per Share $1.19 ($0.66) $3.53
Diluted Earnings Per Share $1.13 ($0.66) $3.23
       
Weighted Average Basic Shares Outstanding 816.00 895.00 1,020.00
Weighted Average Diluted Shares Outstanding 941.00 895.00 1,144.00
       
Income Before Non-Recurring Items $1,673.00 $1,756.00 $1,774.00
Income From Non-Recurring Items ($607.00) ($2,253.00) $1,921.00
Diluted Earnings Per Share before extras $1.78 $1.72 $1.55
       
Dividend (preferred) $94.96 $93.70 $94.40
Dividend (common) $576.29 $538.82 $513.66
Dividend Per Share (common) $0.72 $0.62 $0.54




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