Experience real-time quotes &

news with the most powerful

iPhone application for investors.

Get the FREE DailyFinance iPhone application



  • CORNING INC Income Statement

  • View:
    Annual Data | Quarterly Data
    Period Ending FY2008 FY2007 FY2006 FY2005 FY2004
    Net Sales/Revenues 5.95 B 5.86 B 5.17 B 4.58 B 3.85 B
    Cost of Goods Sold (Excluding Depreciation) 2.53 B 2.51 B 2.31 B 2.19 B 1.95 B
    Depreciation, Depletion and Amortization 695.00 M 607.00 M 591.00 M 512.00 M 523.00 M
    Gross Income 2.73 B 2.74 B 2.27 B 1.88 B 1.38 B
    Selling, General & Admin Expenses 1.53 B 1.48 B 1.37 B 1.10 B 1.01 B
    Other Operating Expense 0.00 0.00 0.00 0.00 0.00
    Operating Expenses - Total 0.00 833.00 M 869.00 M 831.00 M 333.00 M
    Operating Income 1.20 B 1.26 B 898.00 M 772.00 M 369.00 M
    Extraordinary Credit - Pretax 340.00 M 4.00 M 0.00 84.00 M 6.00 M
    Extraordinary Charge - Pretax 19.00 M 200.00 M 65.00 M 56.00 M 1.86 B
    Non-operating Interest Income 85.00 M 145.00 M 118.00 M 61.00 M 25.00 M
    Reserves Inc (Dec) 0.00 0.00 0.00 0.00 0.00
    Pretax Equity in Earnings
    Other Income/Expenses - Net -23.00 M 162.00 M 86.00 M -194.00 M 19.00 M
    Earnings Before Interest & Taxes (EBIT) 1.58 B 1.37 B 1.04 B 667.00 M -1.44 B
    Interest Expenses On Debt 90.00 M 101.00 M 113.00 M 135.00 M 163.00 M
    Interest Capitalized 31.00 M 19.00 M 37.00 M 27.00 M 22.00 M
    Pretax Income 1.52 B 1.29 B 961.00 M 559.00 M -1.58 B
    Income Taxes -2.40 B 80.00 M 55.00 M 578.00 M 1.03 B
    Current Domestic Income Tax 4.00 M 2.00 M -8.00 M -14.00 M -27.00 M
    Current Foreign Income Tax 185.00 M 176.00 M 164.00 M 167.00 M 111.00 M
    Deferred Domestic Income Tax -2.56 B -3.00 M 0.00 443.00 M 767.00 M
    Deferred Foreign Income Tax -29.00 M -95.00 M -101.00 M -18.00 M 180.00 M
    Income Tax Credits
    Minority Interest -1.00 M 3.00 M 11.00 M 7.00 M 17.00 M
    Equity in Earnings 1.33 B 942.00 M 960.00 M 611.00 M 443.00 M
    After Tax Income Expense 0.00 0.00 0.00 0.00
    Discontinued Operations 0.00 0.00 0.00 0.00 0.00
    Net Income Before Extra Items/Preferred Div 5.26 B 2.15 B 1.86 B 585.00 M -2.18 B
    Extra Items & Gain (Loss) Sale of Assets 0.00 0.00 0.00 0.00 20.00 M
    Net Income Before Preferred Dividends 5.26 B 2.15 B 1.86 B 585.00 M -2.16 B
    Preferred Dividend Requirements 0.00 0.00 0.00 0.00 0.00
    Net Income Available to Common 5.26 B 2.15 B 1.86 B 585.00 M -2.18 B