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GuruFocus has detected 6 Warning Signs with Corning Inc \$GLW.
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Corning Inc (NYSE:GLW)
Total Liabilities
\$10,006 Mil (As of Dec. 2016)

Corning Inc's total liabilities for the quarter that ended in Dec. 2016 was \$10,006 Mil.

Corning Inc's quarterly total liabilities increased from Jun. 2016 (\$11,044.00 Mil) to Sep. 2016 (\$11,088.00 Mil) but then declined from Sep. 2016 (\$11,088.00 Mil) to Dec. 2016 (\$10,006.00 Mil).

Corning Inc's annual total liabilities increased from Dec. 2014 (\$8,484.00 Mil) to Dec. 2015 (\$9,739.00 Mil) and increased from Dec. 2015 (\$9,739.00 Mil) to Dec. 2016 (\$10,006.00 Mil).

Definition

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Corning Inc's Total Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 2751 + (3646 + 2113 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 1429 + 67) = 10,006

 Total Liabilities = Total Assets (A: Dec. 2016 ) - Total Shareholders Equity (A: Dec. 2016 ) = 27899 - 17893 = 10,006

Corning Inc's Total Liabilities for the quarter that ended in Dec. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 2751 + (3646 + 2113 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 1429 + 67) = 10,006

 Total Liabilities = Total Assets (Q: Dec. 2016 ) - Total Shareholders Equity (Q: Dec. 2016 ) = 27899 - 17893 = 10,006

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Corning Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Liabilities 5,719 5,813 5,752 6,458 6,770 7,889 7,316 8,484 9,739 10,006

Corning Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Liabilities 8,036 8,484 8,025 8,905 8,901 9,739 10,027 11,044 11,088 10,006
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