Corning Inc (GLW)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
Cash Flows From Operating Activities | |||||
Net Income | 648,000 | 1,386,000 | 1,935,000 | 523,000 | 960,000 |
Depreciation Amortization | 1,369,000 | 1,452,000 | 1,481,000 | 1,520,000 | 1,503,000 |
Income taxes - deferred | -75,000 | -46,000 | 16,000 | -20,000 | -191,000 |
Accounts receivable | 50,000 | 113,000 | -54,000 | -274,000 | 48,000 |
Accounts payable and accrued liabilities | -238,000 | 349,000 | 772,000 | 190,000 | 31,000 |
Other Working Capital | -158,000 | -138,000 | 303,000 | 372,000 | -369,000 |
Other Operating Activity | 409,000 | -501,000 | -1,041,000 | -131,000 | 49,000 |
Operating Cash Flow | $2,005,000 | $2,615,000 | $3,412,000 | $2,180,000 | $2,031,000 |
Cash Flows From Investing Activities | |||||
PPE Investments | -1,323,000 | -1,604,000 | -1,637,000 | -1,340,000 | -1,900,000 |
Net Acquisitions | N/A | 76,000 | 103,000 | N/A | N/A |
Purchase Of Investment | -17,000 | -38,000 | 84,000 | -28,000 | -26,000 |
Other Investing Activity | 340,000 | 211,000 | 31,000 | 58,000 | 35,000 |
Investing Cash Flow | $-1,000,000 | $-1,355,000 | $-1,419,000 | $-1,310,000 | $-1,891,000 |
Cash Flows From Financing Activities | |||||
Debt Issued | 1,000,000 | 127,000 | 22,000 | 243,000 | 1,831,000 |
Debt Repayment | -284,000 | -87,000 | -860,000 | -121,000 | -300,000 |
Common Stock Issued | 42,000 | 40,000 | 97,000 | 124,000 | 58,000 |
Common Stock Repurchased | N/A | -221,000 | -274,000 | -105,000 | -940,000 |
Dividend Paid | -989,000 | -932,000 | -871,000 | -787,000 | -742,000 |
Other Financing Activity | -652,000 | -576,000 | -566,000 | -83,000 | 46,000 |
Financing Cash Flow | $-883,000 | $-1,649,000 | $-2,452,000 | $-729,000 | $-47,000 |
Exchange Rate Effect | -14,000 | -88,000 | -65,000 | 97,000 | -14,000 |
Beginning Cash Position | 1,671,000 | 2,148,000 | 2,672,000 | 2,434,000 | 2,355,000 |
End Cash Position | 1,779,000 | 1,671,000 | 2,148,000 | 2,672,000 | 2,434,000 |
Net Cash Flow | $108,000 | $-477,000 | $-524,000 | $238,000 | $79,000 |
Free Cash Flow | |||||
Operating Cash Flow | 2,005,000 | 2,615,000 | 3,412,000 | 2,180,000 | 2,031,000 |
Capital Expenditure | -1,390,000 | -1,604,000 | -1,637,000 | -1,377,000 | -1,978,000 |
Free Cash Flow | 615,000 | 1,011,000 | 1,775,000 | 803,000 | 53,000 |