10-Q Filing

INGREDION INC CIK: 1046257 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001046257-23-000026`
Period End Date	20230331
Filing Date	20230516
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	ingr-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 36 Cash Flow Statement 52 Stockholders Equity 22 Comprehensive Income 18

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.33B	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.37B	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$281.00M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$275.00M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$216.00M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`OtherShortTermInvestments`	$5.00M	USD	Point-in-time
Short-term investments	`OtherShortTermInvestments`	$3.00M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$1.41B	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$1.46B	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$1.60B	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$1.66B	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$62.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$63.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	77.81M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.40B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.31B	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	77.81M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	11.84M	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $3,369 and $3,326, respectively	`PropertyPlantAndEquipmentNet`	$2.40B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $3,369 and $3,326, respectively	`PropertyPlantAndEquipmentNet`	$2.41B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	12.12M	shares	Point-in-time
Intangible assets, net of accumulated amortization of $281 and $275, respectively	`IntangibleAssetsNetIncludingGoodwill`	$1.30B	USD	Point-in-time
Intangible assets, net of accumulated amortization of $281 and $275, respectively	`IntangibleAssetsNetIncludingGoodwill`	$1.30B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$549.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$544.00M	USD	Point-in-time
Total assets	`Assets`	$7.64B	USD	Point-in-time
Total assets	`Assets`	$7.56B	USD	Point-in-time
Short-term borrowings	`DebtCurrent`	$701.00M	USD	Point-in-time
Short-term borrowings	`DebtCurrent`	$543.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.19B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.34B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.89B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.88B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.94B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.94B	USD	Point-in-time
Other non-current liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$450.00M	USD	Point-in-time
Other non-current liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$477.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.28B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.30B	USD	Point-in-time
Share-based payments subject to redemption	`TemporaryEquityCarryingAmountAttributableToParent`	$31.00M	USD	Point-in-time
Share-based payments subject to redemption	`TemporaryEquityCarryingAmountAttributableToParent`	$38.00M	USD	Point-in-time
Share-based payments subject to redemption	`TemporaryEquityCarryingAmountAttributableToParent`	$48.00M	USD	Point-in-time
Share-based payments subject to redemption	`TemporaryEquityCarryingAmountAttributableToParent`	$36.00M	USD	Point-in-time
Redeemable non-controlling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$71.00M	USD	Point-in-time
Redeemable non-controlling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$71.00M	USD	Point-in-time
Redeemable non-controlling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$51.00M	USD	Point-in-time
Redeemable non-controlling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$51.00M	USD	Point-in-time
Preferred stock authorized 25,000,000 shares $0.01 par value, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock authorized 25,000,000 shares $0.01 par value, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock authorized 200,000,000 shares $0.01 par value, 77,810,875 issued at March 31, 2023 and December 31, 2022	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock authorized 200,000,000 shares $0.01 par value, 77,810,875 issued at March 31, 2023 and December 31, 2022	`CommonStockValue`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.13B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.13B	USD	Point-in-time
Less: Treasury stock (common stock: 11,839,634 and 12,116,920 shares at March 31, 2023 and December 31, 2022, respectively) at cost	`TreasuryStockCommonValue`	$1.15B	USD	Point-in-time
Less: Treasury stock (common stock: 11,839,634 and 12,116,920 shares at March 31, 2023 and December 31, 2022, respectively) at cost	`TreasuryStockCommonValue`	$1.13B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.10B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.05B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.35B	USD	Point-in-time
Total Ingredion stockholders equity	`StockholdersEquity`	$3.15B	USD	Point-in-time
Total Ingredion stockholders equity	`StockholdersEquity`	$3.26B	USD	Point-in-time
Non-redeemable non-controlling interests	`NonredeemableNoncontrollingInterest`	$16.00M	USD	Point-in-time
Non-redeemable non-controlling interests	`NonredeemableNoncontrollingInterest`	$13.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.28B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.16B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.56B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.64B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.14B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.89B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.65B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.51B	USD	1 Quarter
Gross profit	`GrossProfit`	$487.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$379.00M	USD	1 Quarter
Operating expenses	`OperatingExpensesExcludingRestructuringCharges`	$169.00M	USD	1 Quarter
Operating expenses	`OperatingExpensesExcludingRestructuringCharges`	$187.00M	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$2.00M	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-9.00M	USD	1 Quarter
Restructuring/impairment charges	`RestructuringSettlementAndImpairmentProvisions`	$2.00M	USD	1 Quarter
Restructuring/impairment charges	`RestructuringSettlementAndImpairmentProvisions`	-	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$291.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$210.00M	USD	1 Quarter
Financing costs	`FinancingCostsNet`	$24.00M	USD	1 Quarter
Financing costs	`FinancingCostsNet`	$32.00M	USD	1 Quarter
Other non-operating (income)	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other non-operating (income)	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$259.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$187.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$65.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$54.00M	USD	1 Quarter
Net income	`ProfitLoss`	$194.00M	USD	1 Quarter
Net income	`ProfitLoss`	$133.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Net income attributable to Ingredion	`NetIncomeLoss`	$130.00M	USD	1 Quarter
Net income attributable to Ingredion	`NetIncomeLoss`	$191.00M	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.60M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.89	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.94	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.92	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.85	USD	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$194.00M	USD	1 Quarter
Net income	`ProfitLoss`	$133.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$53.00M	USD	1 Quarter
Mechanical stores expense	`MechanicalStoresExpense`	$13.00M	USD	1 Quarter
Mechanical stores expense	`MechanicalStoresExpense`	$18.00M	USD	1 Quarter
Other non-cash charges	`OtherNonCashChargesCreditsToNetIncome`	$20.00M	USD	1 Quarter
Other non-cash charges	`OtherNonCashChargesCreditsToNetIncome`	$18.00M	USD	1 Quarter
Accounts receivable and prepaid expenses	`IncreaseDecreaseInAccountsReceivableAndPrepaidExpense`	$126.00M	USD	1 Quarter
Accounts receivable and prepaid expenses	`IncreaseDecreaseInAccountsReceivableAndPrepaidExpense`	$44.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$119.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$87.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-45.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-171.00M	USD	1 Quarter
Margin accounts	`IncreaseDecreaseInMarginDepositsOutstanding`	$19.00M	USD	1 Quarter
Margin accounts	`IncreaseDecreaseInMarginDepositsOutstanding`	$-28.00M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-16.00M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-7.00M	USD	1 Quarter
Cash (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-52.00M	USD	1 Quarter
Cash (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-51.00M	USD	1 Quarter
Capital expenditures and mechanical stores purchases	`PaymentsToAcquirePropertyPlantAndEquipment`	$85.00M	USD	1 Quarter
Capital expenditures and mechanical stores purchases	`PaymentsToAcquirePropertyPlantAndEquipment`	$76.00M	USD	1 Quarter
Proceeds from disposal of manufacturing facilities and properties	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.00M	USD	1 Quarter
Proceeds from disposal of manufacturing facilities and properties	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	1 Quarter
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-81.00M	USD	1 Quarter
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-76.00M	USD	1 Quarter
Proceeds from borrowings	`ProceedsFromBorrowings`	$318.00M	USD	1 Quarter
Proceeds from borrowings	`ProceedsFromBorrowings`	$147.00M	USD	1 Quarter
Payments on debt	`PaymentsOnDebt`	$123.00M	USD	1 Quarter
Payments on debt	`PaymentsOnDebt`	$267.00M	USD	1 Quarter
Commercial paper borrowings, net	`ProceedsFromRepaymentsOfCommercialPaper`	$178.00M	USD	1 Quarter
Commercial paper borrowings, net	`ProceedsFromRepaymentsOfCommercialPaper`	$107.00M	USD	1 Quarter
Repurchases of common stock, net	`ProceedsFromRepurchaseOfEquity`	-	USD	1 Quarter
Repurchases of common stock, net	`ProceedsFromRepurchaseOfEquity`	$-39.00M	USD	1 Quarter
Issuances (settlements) of common stock for share-based compensation, net	`ProceedsFromPaymentsOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansNetOfSettlements`	$-1.00M	USD	1 Quarter
Issuances (settlements) of common stock for share-based compensation, net	`ProceedsFromPaymentsOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansNetOfSettlements`	$2.00M	USD	1 Quarter
Dividends paid, including to non-controlling interests	`PaymentsOfDividends`	$47.00M	USD	1 Quarter
Dividends paid, including to non-controlling interests	`PaymentsOfDividends`	$43.00M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$119.00M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$113.00M	USD	1 Quarter
Effects of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.00M	USD	1 Quarter
Effects of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.00M	USD	1 Quarter
(Decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.00M	USD	1 Quarter
(Decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-20.00M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$216.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$324.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$216.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$324.00M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.28B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.16B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.28B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.16B	USD	Point-in-time
Share-based payments subject to redemption, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$31.00M	USD	Point-in-time
Share-based payments subject to redemption, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$38.00M	USD	Point-in-time
Share-based payments subject to redemption, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$48.00M	USD	Point-in-time
Share-based payments subject to redemption, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$36.00M	USD	Point-in-time
Share-based compensation, net of issuance	`TemporaryEquityShareBasedCompensationNetOfIssuance`	$-10.00M	USD	1 Quarter
Share-based compensation, net of issuance	`TemporaryEquityShareBasedCompensationNetOfIssuance`	$-5.00M	USD	1 Quarter
Share-based payments subject to redemption, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$31.00M	USD	Point-in-time
Share-based payments subject to redemption, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$38.00M	USD	Point-in-time
Share-based payments subject to redemption, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$48.00M	USD	Point-in-time
Share-based payments subject to redemption, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$36.00M	USD	Point-in-time
Redeemable non-controlling interests, beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$71.00M	USD	Point-in-time
Redeemable non-controlling interests, beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$71.00M	USD	Point-in-time
Redeemable non-controlling interests, beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$51.00M	USD	Point-in-time
Redeemable non-controlling interests, beginning balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$51.00M	USD	Point-in-time
Redeemable non-controlling interests, ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$71.00M	USD	Point-in-time
Redeemable non-controlling interests, ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$71.00M	USD	Point-in-time
Redeemable non-controlling interests, ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$51.00M	USD	Point-in-time
Redeemable non-controlling interests, ending balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$51.00M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Gains on cash flow hedges, income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$16.00M	USD	1 Quarter
Net income	`ProfitLoss`	$194.00M	USD	1 Quarter
Net income	`ProfitLoss`	$133.00M	USD	1 Quarter
Gains on cash flow hedges, income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$46.00M	USD	1 Quarter
(Gains) losses on cash flow hedges reclassified to earnings, income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$4.00M	USD	1 Quarter
(Gains) losses on cash flow hedges reclassified to earnings, income tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$12.00M	USD	1 Quarter
(Losses) gains on cash flow hedges, net of income tax effect of $16 and $46, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$130.00M	USD	1 Quarter
(Losses) gains on cash flow hedges, net of income tax effect of $16 and $46, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-42.00M	USD	1 Quarter
(Gains) losses on cash flow hedges reclassified to earnings, net of income tax effect of $4 and $12, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$34.00M	USD	1 Quarter
(Gains) losses on cash flow hedges reclassified to earnings, net of income tax effect of $4 and $12, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$14.00M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.00M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$38.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$267.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$144.00M	USD	1 Quarter
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Less: Comprehensive (loss) income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-3.00M	USD	1 Quarter
Comprehensive income attributable to Ingredion	`ComprehensiveIncomeNetOfTax`	$147.00M	USD	1 Quarter
Comprehensive income attributable to Ingredion	`ComprehensiveIncomeNetOfTax`	$265.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.