SEC Info - Corning Inc/NY - ‘10-K’ for 12/31/10

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Corning Inc/NY – ‘10-K’ for 12/31/10 – ‘XML.R22’

On: Thursday, 2/10/11, at 4:06pm ET · For: 12/31/10 · Accession #: 1193125-11-30621 · File #: 1-03247

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/10/11  Corning Inc/NY                    10-K       12/31/10  134:26M                                    Donnelley … Solutions/FA

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.63M 
 2: EX-10.66    Amendment No. 2 to Corning Incorporated             HTML     39K 
                Supplemental Pension Plan                                        
 3: EX-10.67    Form of Corning Incorporated Incentive Stock Right  HTML     68K 
                Agreement                                                        
 4: EX-10.68    Form of Corning Incorporated Cash Performance Unit  HTML     67K 
                Agreement                                                        
 6: EX-21       Subsidiaries of the Registrant at December 31,      HTML     44K 
                2010                                                             
 7: EX-23.1     Consent of Pricewaterhousecoopers LLP               HTML     36K 
 8: EX-23.2     Consent of Pricewaterhousecoopers LLP               HTML     36K 
 9: EX-23.3     Consent of Samil Pricewaterhousecoopers             HTML     36K 
10: EX-24       Powers of Attorney                                  HTML     78K 
 5: EX-12       Computation of Ratio of Earnings to Fixed Charges   HTML     57K 
11: EX-31.1     Certification Pursuant to Rule 13A-15(E) and        HTML     42K 
                15D-15(E)                                                        
12: EX-31.2     Certification Pursuant to Rule 13A-15(E) and        HTML     42K 
                15D-15(E)                                                        
13: EX-32       Certification Pursuant to 18 U.S.C. Section 1350    HTML     37K 
101: XML         IDEA XML File -- Definitions and References          XML    454K  
121: XML         IDEA XML File -- Filing Summary                      XML    460K  
114: XML.R1      Document and Entity Information                      XML    227K  
115: XML.R2      Consolidated Statements of Income                    XML    323K  
64: XML.R3      Consolidated Balance Sheets                          XML    394K 
73: XML.R4      Consolidated Balance Sheets (Parenthetical)          XML    120K 
99: XML.R5      Consolidated Statements of Cash Flows                XML    614K 
94: XML.R6      Consolidated Statements of Changes in                XML    829K 
                Shareholders' Equity                                             
128: XML.R7      Summary of Significant Accounting Policies           XML    187K  
35: XML.R8      Restructuring, Impairment and Other (Credits) and    XML    107K 
                Charges                                                          
93: XML.R9      Available-for-Sale Investments                       XML    114K 
29: XML.R10     Significant Customers                                XML     62K 
28: XML.R11     Inventories                                          XML     76K 
63: XML.R12     Income Taxes                                         XML    189K 
108: XML.R13     Investments                                          XML    167K  
65: XML.R14     Acquisition                                          XML     73K 
69: XML.R15     Property, Net of Accumulated Depreciation            XML     84K 
87: XML.R16     Goodwill and Other Intangible Assets                 XML    155K 
133: XML.R17     Other Liabilities                                    XML     99K  
53: XML.R18     Debt                                                 XML    141K 
20: XML.R19     Employee Retirement Plans                            XML    229K 
72: XML.R20     Commitments, Contingencies, and Guarantees           XML    107K 
105: XML.R21     Hedging Activities                                   XML    112K  
42: XML.R22     Fair Value Measurements                              XML     81K 
100: XML.R23     Shareholders' Equity                                 XML    109K  
70: XML.R24     Earnings Per Common Share                            XML    133K 
127: XML.R25     Share-based Compensation                             XML    102K  
110: XML.R26     Operating Segments                                   XML    341K  
77: XML.R27     Valuation Accounts and Reserves                      XML     80K 
88: XML.R28     Quarterly Operating Results                          XML    218K 
27: XML.R29     Summary of Significant Accounting Policies           XML    355K 
                (Policy)                                                         
32: XML.R30     Summary of Significant Accounting Policies           XML    139K 
                (Tables)                                                         
45: XML.R31     Restructuring, Impairment and Other (Credits) and    XML    155K 
                Charges (Tables)                                                 
58: XML.R32     Available-for-Sale Investments (Tables)              XML    162K 
86: XML.R33     Inventories (Tables)                                 XML     75K 
109: XML.R34     Income Taxes (Tables)                                XML    213K  
24: XML.R35     Investments (Tables)                                 XML    149K 
36: XML.R36     Acquisition (Tables)                                 XML     70K 
117: XML.R37     Property, Net of Accumulated Depreciation (Tables)   XML     81K  
126: XML.R38     Goodwill and Other Intangible Assets (Tables)        XML    157K  
79: XML.R39     Other Liabilities (Tables)                           XML     91K 
130: XML.R40     Debt (Tables)                                        XML    136K  
37: XML.R41     Employee Retirement Plans (Tables)                   XML    278K 
132: XML.R42     Commitments, Contengencies, and Guarantees           XML    172K  
                (Tables)                                                         
47: XML.R43     Hedging Activities (Tables)                          XML    112K 
21: XML.R44     Fair Value Measurements (Tables)                     XML    132K 
46: XML.R45     Shareholders' Equity (Tables)                        XML    114K 
104: XML.R46     Earnings Per Common Share (Tables)                   XML    138K  
125: XML.R47     Share-based Compensation (Tables)                    XML    104K  
67: XML.R48     Operating Segments (Tables)                          XML    344K 
49: XML.R49     Valuation Accounts and Reserves (Tables)             XML     79K 
85: XML.R50     Quarterly Operating Results (Tables)                 XML    218K 
26: XML.R51     Summary of Significant Accounting Policies           XML    179K 
                (Narrative) (Details)                                            
91: XML.R52     Summary of Significant Accounting Policies (Other    XML    253K 
                Income, Net) (Details)                                           
51: XML.R53     Summary of Significant Accounting Policies           XML    135K 
                (Supplemental Disclosure of Cash Flow Information)               
                (Details)                                                        
34: XML.R54     Summary of Significant Accounting Policies           XML    211K 
                (Equipment) (Details)                                            
124: XML.R55     Restructuring, Impairment and Other (Credits) and    XML    874K  
                Charges (Details)                                                
119: XML.R56     Available-for-Sale Investments (Details)             XML    608K  
62: XML.R57     Available-for-Sale Investments (Details)             XML     98K 
                (Parenthetical)                                                  
41: XML.R58     Significant Customers (Details)                      XML    154K 
112: XML.R59     Inventories (Details)                                XML    110K  
31: XML.R60     Income Taxes (Narrative)                             XML    311K 
95: XML.R61     Income Taxes (Income Before Income Taxes)            XML    110K 
92: XML.R62     Income Taxes (Current and Deferred)                  XML    160K 
118: XML.R63     Income Taxes (Reconciliation of U.S.)                XML    232K  
113: XML.R64     Income Taxes (Deferred Tax Assets and Liabilities)   XML    223K  
129: XML.R65     Income Taxes (Net Deferred Tax Assets Included in    XML    110K  
                Accounts)                                                        
39: XML.R66     Income Taxes (Details on Deferred Tax Assets for     XML    223K 
                Loss and Tax Credit Carryforwards)                               
61: XML.R67     Income Taxes (Parenthetical)                         XML    218K 
83: XML.R68     Investments (Details)                                XML    239K 
71: XML.R69     Investments (Related Party) (Details)                XML    409K 
84: XML.R70     Investments (Samsung Corning Precision) (Details)    XML    774K 
131: XML.R71     Investments (Dow Corning) (Details)                  XML   1.06M  
40: XML.R72     Investments (Pittsburgh Corning Corporation)         XML    963K 
                (Details)                                                        
48: XML.R73     Acquisition (Details)                                XML    221K 
44: XML.R74     Property, Net of Accumulated Depreciation            XML    191K 
                (Details)                                                        
80: XML.R75     Goodwill and Other Intangible Assets (Details)       XML    597K 
90: XML.R76     Other Liabilities (Other Accrued Liabilities)        XML    149K 
76: XML.R77     Other Liabilities (Narrative)                        XML    313K 
68: XML.R78     Debt (Narrative)                                     XML    911K 
38: XML.R79     Debt (Schedule of Long-Term Debt)                    XML    552K 
22: XML.R80     Debt (Debt Maturities by Years)                      XML     96K 
81: XML.R81     Employee Retirement Plans (Narrative) (Details)      XML    625K 
60: XML.R82     Employee Retirement Plans (Change in benefit         XML    762K 
                obligation and funded status of employee                         
                retirement plans) (Details)                                      
74: XML.R83     Employee Retirement Plans (Projected benefit         XML     84K 
                obligation and the accumulated benefit obligation                
                for pension plans) (Details)                                     
103: XML.R84     Employee Retirement Plans (Net periodic benefit      XML    398K  
                expense for employee retirement plans) (Details)                 
98: XML.R85     Employee Retirement Plans (Weighted-average          XML    180K 
                assumptions used to determine benefit obligations)               
                (Details)                                                        
55: XML.R86     Employee Retirement Plans (Weighted-average          XML    300K 
                assumptions used to determine net periodic benefit               
                cost) (Details)                                                  
107: XML.R87     Employee Retirement Plans (Assumed rate of return    XML     93K  
                determined on current interest rate environment                  
                and historical market premiums relative to fixed                 
                income rates of equities and other asset classes)                
                (Details)                                                        
96: XML.R88     Employee Retirement Plans (Effect on percentage      XML     82K 
                reported for the health care plans) (Details)                    
43: XML.R89     Employee Retirement Plans (Schedule of defined       XML    739K 
                benefit plan of assets) (Details)                                
66: XML.R90     Employee Retirement Plans (Summary of changes in     XML    349K 
                the fair value of the defined benefit plans)                     
                (Details)                                                        
97: XML.R91     Employee Retirement Plans (Estimated future          XML    216K 
                benefit payments, which reflect expected future                  
                service) (Details)                                               
52: XML.R92     Commitments and Contingencies, and Guarantees        XML    148K 
                (Narrative)                                                      
111: XML.R93     Commitments, Contingencies, and Guarantees           XML    901K  
                (Amounts of Obligations)                                         
57: XML.R94     Commitments, Contingencies, and Guarantees           XML     95K 
                (Minimum Rental Commitments Under Leases)                        
102: XML.R95     Commitments, Contingencies, and Guarantees           XML    111K  
                (Changes in the Product Warranty Liability)                      
82: XML.R96     Hedging Activities (Details)                         XML    106K 
23: XML.R97     Hedging Activities (Notional amounts) (Details)      XML    244K 
56: XML.R98     Hedging Activities (Financial Instruments)           XML    483K 
                (Details)                                                        
106: XML.R99     Hedging Activities (Parenthetical)                   XML    101K  
33: XML.R100    Fair Value Measurements (Details)                    XML    211K 
78: XML.R101    Shareholders' Equity (Changes in Capital Stock)      XML    395K 
89: XML.R102    Shareholders' Equity (Components of Other            XML    574K 
                Comprehensive Income (Loss)                                      
116: XML.R103    Earnings Per Common Share (Details)                  XML    241K  
134: XML.R104    Share-based Compensation (Details)                   XML   1.00M  
50: XML.R105    Operating Segments (Schedule of Segment Reporting    XML   1.18M 
                Information by Segment) (Details)                                
25: XML.R106    Operating Segments (Consolidated Net Income)         XML    521K 
                (Details)                                                        
54: XML.R107    Operating Segments (Consolidated Net Assets)         XML    158K 
59: XML.R108    Operating Segments (Geographic Areas)                XML   1.16M 
30: XML.R109    Operating Segments (Details) (Parenthetical)         XML   1.58M 
123: XML.R110    Valuation Accounts and Reserves (Details)            XML    312K  
120: XML.R111    Quarterly Operating Results (Details)                XML    702K  
122: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   3.58M  
14: EX-101.INS  XBRL Instance -- glw-20101231                        XML   5.49M 
16: EX-101.CAL  XBRL Calculations -- glw-20101231_cal                XML    220K 
17: EX-101.DEF  XBRL Definitions -- glw-20101231_def                 XML   1.19M 
18: EX-101.LAB  XBRL Labels -- glw-20101231_lab                      XML   2.23M 
19: EX-101.PRE  XBRL Presentations -- glw-20101231_pre               XML   1.81M 
15: EX-101.SCH  XBRL Schema -- glw-20101231                          XSD    376K 
75: ZIP         XBRL Zipped Folder -- 0001193125-11-030621-xbrl      Zip    383K

‘XML.R22’ — Fair Value Measurements

This Financial Report is an XBRL XML File.

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<div> <table border="0" cellspacing="0"> <tr><td valign="top" width="2%" nowrap="nowrap">16. </td> <td width="98%"> Fair Value Measurements</td></tr></table> The following tables provide fair value measurement information for the Company's major categories of financial assets and liabilities measured on a recurring basis (in millions): <div align="left"> <table border="0" cellspacing="0"> <tr><td width="20%"> </td> <td width="5%"> </td> <td width="9%"> </td> <td width="2%"> </td> <td width="22%"> </td> <td width="2%"> </td> <td width="20%"> </td> <td width="2%"> </td> <td width="13%"> </td></tr> <tr valign="bottom"><td align="left"> </td> <td align="left"> </td> <td align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="right"> </td> <td style="border-bottom: #000000 1px solid; text-indent: 13px;" colspan="5" align="left">Fair value measurements at reporting date using </td></tr> <tr valign="bottom"><td align="left"> </td> <td align="left"> </td> <td align="left"> </td> <td align="right"> </td> <td align="center">Quoted prices in </td> <td align="right"> </td> <td align="center">Significant other </td> <td align="left"> </td> <td align="center">Significant </td></tr> <tr valign="bottom"><td align="left"> </td> <td align="left"> </td> <td align="left"> </td> <td align="right"> </td> <td align="center">active markets for </td> <td align="right"> </td> <td align="center">observable </td> <td align="left"> </td> <td align="center">unobservable </td></tr> <tr valign="bottom"><td align="left"> </td> <td align="left"> </td> <td align="center">December </td> <td align="right"> </td> <td align="center">identical assets </td> <td align="right"> </td> <td align="center">inputs </td> <td align="left"> </td> <td align="center">inputs </td></tr> <tr valign="bottom"><td style="border-bottom: #000000 1px solid;" align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="center">31, 2010 </td> <td style="border-bottom: #000000 1px solid;" align="right"> </td> <td style="border-bottom: #000000 1px solid;" align="center">(Level 1) </td> <td style="border-bottom: #000000 1px solid;" align="right"> </td> <td style="border-bottom: #000000 1px solid;" align="center">(Level 2) </td> <td style="border-bottom: #000000 1px solid;" align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="center">(Level 3) </td></tr> <tr><td colspan="9"> </td></tr> <tr valign="bottom"><td align="left">Assets </td> <td align="left"> </td> <td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="left"> </td> <td align="left"> </td></tr> <tr valign="bottom"><td style="text-indent: 2px;" align="left">Short-term investments </td> <td style="text-indent: 1px;" align="left">$ </td> <td align="center">1,752 </td> <td align="right">$ </td> <td align="center">1,737 </td> <td align="right">$ </td> <td align="right">15 </td> <td align="left">(2) </td> <td align="left"> </td></tr> <tr valign="bottom"><td style="text-indent: 2px;" align="left">Other assets </td> <td style="text-indent: 2px;" align="left">$ </td> <td align="right">45 </td> <td align="right"> </td> <td align="left"> </td> <td align="right">$ </td> <td align="right">45 </td> <td align="left"> </td> <td align="left"> </td></tr> <tr valign="bottom"><td style="text-indent: 2px;" align="left">Derivatives (1) </td> <td style="text-indent: 2px;" align="left">$ </td> <td align="right">5 </td> <td align="right"> </td> <td align="left"> </td> <td align="right">$ </td> <td align="right">5 </td> <td align="left"> </td> <td align="left"> </td></tr> <tr><td colspan="9"> </td></tr> <tr valign="bottom"><td align="left">Liabilities </td> <td align="left"> </td> <td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="left"> </td> <td align="left"> </td></tr> <tr valign="bottom"><td style="border-bottom: #000000 1px solid; text-indent: 2px;" align="left">Derivatives (1) </td> <td style="border-bottom: #000000 1px solid; text-indent: 2px;" align="left">$ </td> <td style="border-bottom: #000000 1px solid;" align="center">200 </td> <td style="border-bottom: #000000 1px solid;" align="right"> </td> <td style="border-bottom: #000000 1px solid;" align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="right">$ </td> <td style="border-bottom: #000000 1px solid;" align="right">200 </td> <td style="border-bottom: #000000 1px solid;" align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="left"> </td></tr></table></div> <table class="MetaData" border="0" cellspacing="0"> <tr><td valign="top" width="2%" nowrap="nowrap">(1) </td> <td class="MetaData" width="98%"> Derivative assets and liabilities include foreign exchange contracts which are measured using observable quoted prices for similar assets and liabilities.</td></tr> <tr><td valign="top" width="2%" nowrap="nowrap">(2) </td> <td class="MetaData" width="98%"> Short-term investments are measured using observable quoted prices for similar assets.</td></tr></table> <div align="left"> <table border="0" cellspacing="0"> <tr><td width="20%"> </td> <td width="2%"> </td> <td width="5%"> </td> <td width="8%"> </td> <td width="2%"> </td> <td width="21%"> </td> <td width="2%"> </td> <td width="19%"> </td> <td width="2%"> </td> <td width="13%"> </td></tr> <tr><td colspan="10"> </td></tr> <tr valign="bottom"><td align="left"> </td> <td align="right"> </td> <td style="border-bottom: #000000 1px solid;" class="style1" colspan="8"> Fair value measurements at reporting date using </td></tr> <tr valign="bottom"><td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="left"> </td> <td align="right"> </td> <td align="center">Quoted prices in </td> <td align="right"> </td> <td align="center">Significant other </td> <td align="left"> </td> <td align="center">Significant </td></tr> <tr valign="bottom"><td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="left"> </td> <td align="right"> </td> <td align="center">active markets for </td> <td align="right"> </td> <td align="center">observable </td> <td align="left"> </td> <td align="center">unobservable </td></tr> <tr valign="bottom"><td align="left"> </td> <td align="right"> </td> <td colspan="2" align="right">December </td> <td align="right"> </td> <td align="center">identical assets </td> <td align="right"> </td> <td align="center">inputs </td> <td align="left"> </td> <td align="center">inputs </td></tr> <tr valign="bottom"><td style="border-bottom: #000000 1px solid;" align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="right"> </td> <td style="border-bottom: #000000 1px solid;" colspan="2" align="right">31, 2009 </td> <td style="border-bottom: #000000 1px solid;" align="right"> </td> <td style="border-bottom: #000000 1px solid;" align="center">(Level 1) </td> <td style="border-bottom: #000000 1px solid;" align="right"> </td> <td style="border-bottom: #000000 1px solid;" align="center">(Level 2) </td> <td style="border-bottom: #000000 1px solid;" align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="center">(Level 3) </td></tr> <tr><td colspan="10"> </td></tr> <tr valign="bottom"><td style="text-indent: 1px;" align="left">Assets </td> <td align="right"> </td> <td align="left"> </td> <td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="left"> </td> <td align="left"> </td></tr> <tr valign="bottom"><td style="text-indent: 4px;" align="left">Short-term investments </td> <td align="right">$ </td> <td colspan="2" align="right">1,042 </td> <td align="right">$ </td> <td align="center">969 </td> <td align="right">$ </td> <td align="right">73 </td> <td align="left">(2) </td> <td align="left"> </td></tr> <tr valign="bottom"><td style="text-indent: 4px;" align="left">Other assets </td> <td align="right"> </td> <td style="text-indent: 1px;" align="left">$ </td> <td align="right">42 </td> <td align="right"> </td> <td align="left"> </td> <td align="right">$ </td> <td align="right">42 </td> <td align="left"> </td> <td align="left"> </td></tr> <tr valign="bottom"><td style="text-indent: 4px;" align="left">Derivatives (1) </td> <td align="right"> </td> <td style="text-indent: 1px;" align="left">$ </td> <td align="right">53 </td> <td align="right"> </td> <td align="left"> </td> <td align="right">$ </td> <td align="right">53 </td> <td align="left"> </td> <td align="left"> </td></tr> <tr><td colspan="10"> </td></tr> <tr valign="bottom"><td style="text-indent: 1px;" align="left">Liabilities </td> <td align="right"> </td> <td align="left"> </td> <td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="right"> </td> <td align="left"> </td> <td align="left"> </td> <td align="left"> </td></tr> <tr valign="bottom"><td style="border-bottom: #000000 1px solid; text-indent: 4px;" align="left">Derivatives (1) </td> <td style="border-bottom: #000000 1px solid;" align="right"> </td> <td style="border-bottom: #000000 1px solid; text-indent: 1px;" align="left">$ </td> <td style="border-bottom: #000000 1px solid;" align="right">14 </td> <td style="border-bottom: #000000 1px solid;" align="right"> </td> <td style="border-bottom: #000000 1px solid;" align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="right">$ </td> <td style="border-bottom: #000000 1px solid;" align="right">14 </td> <td style="border-bottom: #000000 1px solid;" align="left"> </td> <td style="border-bottom: #000000 1px solid;" align="left"> </td></tr></table></div> <table border="0" cellspacing="0"> <tr><td valign="top" width="2%" nowrap="nowrap">(1) </td> <td width="98%"> Derivative assets and liabilities include foreign exchange contracts which are measured using observable quoted prices for similar assets and liabilities.</td></tr> <tr><td valign="top" width="2%" nowrap="nowrap">(2) </td> <td width="98%"> Short-term investments are measured using observable quoted prices for similar assets.</td></tr></table> As of December 31, 2010 and 2009, the Company did not have any financial assets or liabilities that were measured using unobservable (or Level 3) inputs. </div>

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<NonNumericTextHeader> 16. Fair Value Measurements The following tables provide fair value measurement information for the Company's major categories of </NonNumericTextHeader>

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3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/13/23  Corning Inc./NY                   10-K       12/31/22  136:20M                                    RDG Filings/FA
 2/14/22  Corning Inc./NY                   10-K       12/31/21  139:22M                                    RDG Filings/FA
 2/12/21  Corning Inc./NY                   10-K       12/31/20  145:52M                                    Certent, Inc./FA

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Filing Submission 0001193125-11-030621 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Corning Inc/NY – ‘10-K’ for 12/31/10 – ‘XML.R22’

On: Thursday, 2/10/11, at 4:06pm ET · For: 12/31/10 · Accession #: 1193125-11-30621 · File #: 1-03247

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘XML.R22’ — Fair Value Measurements

This Financial Report is an XBRL XML File.

3 Subsequent Filings that Reference this Filing

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents