Corning (WBO:GLW) Construction In Progress : €1,783 Mil (As of Dec. 2023)

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What is Corning Construction In Progress?

Corning's quarterly construction in progress stayed the same from Jun. 2023 (€0 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€1,783 Mil).

Corning's annual construction in progress increased from Dec. 2021 (€1,751 Mil) to Dec. 2022 (€2,204 Mil) but then declined from Dec. 2022 (€2,204 Mil) to Dec. 2023 (€1,783 Mil).

Corning Construction In Progress Historical Data

The historical data trend for Corning's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Corning Construction In Progress Chart

Corning Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2,481.30

1,576.60

1,751.42

2,204.24

1,782.65

Corning Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															2,204.24	-	-	-	1,782.65

Corning Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Corning (WBO:GLW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Corning Inc (WBO:GLW) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

GLW:USA 1GLW:Italy GLW:Germany G1LW34:Brazil GLW:Argentina

Address

One Riverfront Plaza, Corning, NY, USA, 14831

Website

https://www.corning.com

Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.