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Corning (FRA:GLW) Buildings And Improvements : €0 Mil (As of Mar. 2024)


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What is Corning Buildings And Improvements?

Corning's quarterly buildings and improvements increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€5,439 Mil) but then declined from Dec. 2023 (€5,439 Mil) to Mar. 2024 (€0 Mil).

Corning's annual buildings and improvements increased from Dec. 2021 (€5,438 Mil) to Dec. 2022 (€5,629 Mil) but then declined from Dec. 2022 (€5,629 Mil) to Dec. 2023 (€5,439 Mil).


Corning Buildings And Improvements Historical Data

The historical data trend for Corning's Buildings And Improvements 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 Buildings And Improvements Chart

Corning Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,420.70 5,304.37 5,438.33 5,629.07 5,438.73

Corning Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 5,438.73 -

Corning Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Corning (FRA:GLW) Business Description

Industry
Address
One Riverfront Plaza, Corning, NY, USA, 14831
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.