Corning Inc (GLW)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 03-2024 | 12-2023 | 09-2023 | 06-2023 | 03-2023 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 225,000 | 648,000 | 676,000 | 494,000 | 191,000 |
| Depreciation Amortization | 337,000 | 1,369,000 | 1,024,000 | 684,000 | 341,000 |
| Income taxes - deferred | 10,000 | -75,000 | 37,000 | -10,000 | -38,000 |
| Accounts receivable | -161,000 | 50,000 | -137,000 | -64,000 | -28,000 |
| Accounts payable and accrued liabilities | -73,000 | -238,000 | -263,000 | -436,000 | -369,000 |
| Other Working Capital | -377,000 | -158,000 | -556,000 | -521,000 | -465,000 |
| Other Operating Activity | 135,000 | 409,000 | 511,000 | 423,000 | 319,000 |
| Operating Cash Flow | $96,000 | $2,005,000 | $1,292,000 | $570,000 | $-49,000 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -252,000 | -1,323,000 | -1,044,000 | -703,000 | -315,000 |
| Purchase Of Investment | N/A | -17,000 | N/A | N/A | N/A |
| Other Investing Activity | 68,000 | 340,000 | 274,000 | 188,000 | 87,000 |
| Investing Cash Flow | $-184,000 | $-1,000,000 | $-770,000 | $-515,000 | $-228,000 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | N/A | N/A | 30,000 | N/A | N/A |
| Debt Issued | N/A | 1,000,000 | 1,022,000 | 74,000 | 54,000 |
| Debt Repayment | -37,000 | -284,000 | -54,000 | N/A | -69,000 |
| Common Stock Issued | 13,000 | 42,000 | 39,000 | 953,000 | 16,000 |
| Dividend Paid | -243,000 | -989,000 | -741,000 | -495,000 | -239,000 |
| Other Financing Activity | -41,000 | -652,000 | -816,000 | -696,000 | -10,000 |
| Financing Cash Flow | $-308,000 | $-883,000 | $-520,000 | $-164,000 | $-248,000 |
| Exchange Rate Effect | -18,000 | -14,000 | -34,000 | -24,000 | N/A |
| Beginning Cash Position | 1,779,000 | 1,671,000 | 1,671,000 | 1,671,000 | 1,671,000 |
| End Cash Position | 1,365,000 | 1,779,000 | 1,639,000 | 1,538,000 | 1,146,000 |
| Net Cash Flow | $-414,000 | $108,000 | $-32,000 | $-133,000 | $-525,000 |
| Free Cash Flow | |||||
| Operating Cash Flow | 96,000 | 2,005,000 | 1,292,000 | 570,000 | -49,000 |
| Capital Expenditure | -252,000 | -1,390,000 | -1,044,000 | -770,000 | -382,000 |
| Free Cash Flow | -156,000 | 615,000 | 248,000 | -200,000 | -431,000 |