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10-Q Filing

INGREDION INC CIK: 1046257 Q2 2023
Filing Information
Form Type 10-Q
Accession Number 0001046257-23-000059
Period End Date 20230630
Filing Date 20230808
Fiscal Year 2023
Fiscal Period Q2
XBRL Instance ingr-20230630_htm.xml
Balance Sheet 82 line items
Line Item Tag Value Unit Period
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.43B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.33B USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $287.00M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $275.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $257.00M 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, authorized (in shares) PreferredStockSharesAuthorized 25.00M shares Point-in-time
Short-term investments OtherShortTermInvestments $6.00M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Short-term investments OtherShortTermInvestments $3.00M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Accounts receivable, net ReceivablesNetCurrent $1.37B USD Point-in-time
Preferred stock, issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Accounts receivable, net ReceivablesNetCurrent $1.41B USD Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Inventories InventoryNet $1.62B USD Point-in-time
Inventories InventoryNet $1.60B USD Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Prepaid expenses PrepaidExpenseCurrent $64.00M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $62.00M 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 $3.31B 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
Property, plant and equipment, net of accumulated depreciation of $3,434 and $3,326, respectively PropertyPlantAndEquipmentNet $2.41B USD Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 11.69M shares Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 12.12M shares Point-in-time
Property, plant and equipment, net of accumulated depreciation of $3,434 and $3,326, respectively PropertyPlantAndEquipmentNet $2.41B USD Point-in-time
Intangible assets, net of accumulated amortization of $287 and $275, respectively IntangibleAssetsNetIncludingGoodwill $1.30B USD Point-in-time
Intangible assets, net of accumulated amortization of $287 and $275, respectively IntangibleAssetsNetIncludingGoodwill $1.31B USD Point-in-time
Other assets OtherAssetsNoncurrent $544.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $564.00M USD Point-in-time
Total assets Assets $7.60B USD Point-in-time
Total assets Assets $7.56B USD Point-in-time
Short-term borrowings DebtCurrent $522.00M USD Point-in-time
Short-term borrowings DebtCurrent $543.00M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.34B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.20B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.88B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.72B 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 $477.00M USD Point-in-time
Other non-current liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $466.00M USD Point-in-time
Total liabilities Liabilities $4.30B USD Point-in-time
Total liabilities Liabilities $4.12B USD Point-in-time
Share-based payments subject to redemption TemporaryEquityCarryingAmountAttributableToParent $31.00M USD Point-in-time
Share-based payments subject to redemption TemporaryEquityCarryingAmountAttributableToParent $36.00M USD Point-in-time
Share-based payments subject to redemption TemporaryEquityCarryingAmountAttributableToParent $43.00M USD Point-in-time
Share-based payments subject to redemption TemporaryEquityCarryingAmountAttributableToParent $37.00M 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
Redeemable non-controlling interests RedeemableNoncontrollingInterestEquityCarryingAmount $70.00M 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
Redeemable non-controlling interests RedeemableNoncontrollingInterestEquityCarryingAmount $71.00M USD Point-in-time
Redeemable non-controlling interests RedeemableNoncontrollingInterestEquityCarryingAmount $43.00M 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 June 30, 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 June 30, 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 $1.14B USD Point-in-time
Less: Treasury stock (common stock: 11,688,205 and 12,116,920 shares at June 30, 2023 and December 31, 2022, respectively) at cost TreasuryStockCommonValue $1.15B USD Point-in-time
Less: Treasury stock (common stock: 11,688,205 and 12,116,920 shares at June 30, 2023 and December 31, 2022, respectively) at cost TreasuryStockCommonValue $1.12B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.12B 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 $4.47B USD Point-in-time
Total Ingredion stockholders equity StockholdersEquity $3.15B USD Point-in-time
Total Ingredion stockholders equity StockholdersEquity $3.38B USD Point-in-time
Non-redeemable non-controlling interests NonredeemableNoncontrollingInterest $16.00M USD Point-in-time
Non-redeemable non-controlling interests NonredeemableNoncontrollingInterest $12.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.16B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $7.56B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $7.60B USD Point-in-time
Income Statement 72 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $3.94B USD 2 Qtrs
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $4.21B USD 2 Qtrs
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $2.07B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $2.04B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $3.17B USD 2 Qtrs
Cost of sales CostOfGoodsAndServicesSold $1.63B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $1.65B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $3.28B USD 2 Qtrs
Gross profit GrossProfit $928.00M USD 2 Qtrs
Gross profit GrossProfit $390.00M USD 1 Quarter
Gross profit GrossProfit $441.00M USD 1 Quarter
Gross profit GrossProfit $769.00M USD 2 Qtrs
Operating expenses OperatingExpensesExcludingRestructuringCharges $179.00M USD 1 Quarter
Operating expenses OperatingExpensesExcludingRestructuringCharges $375.00M USD 2 Qtrs
Operating expenses OperatingExpensesExcludingRestructuringCharges $348.00M USD 2 Qtrs
Operating expenses OperatingExpensesExcludingRestructuringCharges $188.00M USD 1 Quarter
Other operating expense (income) OtherOperatingIncomeExpenseNet $4.00M USD 1 Quarter
Other operating expense (income) OtherOperatingIncomeExpenseNet $-2.00M USD 1 Quarter
Other operating expense (income) OtherOperatingIncomeExpenseNet $-11.00M USD 2 Qtrs
Other operating expense (income) OtherOperatingIncomeExpenseNet $6.00M USD 2 Qtrs
Restructuring/impairment charges RestructuringSettlementAndImpairmentProvisions $2.00M USD 1 Quarter
Restructuring/impairment charges RestructuringSettlementAndImpairmentProvisions $4.00M USD 2 Qtrs
Restructuring/impairment charges RestructuringSettlementAndImpairmentProvisions - USD 2 Qtrs
Restructuring/impairment charges RestructuringSettlementAndImpairmentProvisions - USD 1 Quarter
Operating income OperatingIncomeLoss $423.00M USD 2 Qtrs
Operating income OperatingIncomeLoss $213.00M USD 1 Quarter
Operating income OperatingIncomeLoss $542.00M USD 2 Qtrs
Operating income OperatingIncomeLoss $251.00M USD 1 Quarter
Financing costs FinancingCostsNet $62.00M USD 2 Qtrs
Financing costs FinancingCostsNet $41.00M USD 2 Qtrs
Financing costs FinancingCostsNet $17.00M USD 1 Quarter
Financing costs FinancingCostsNet $30.00M USD 1 Quarter
Other non-operating expense (income) OtherNonoperatingIncomeExpense $1.00M USD 2 Qtrs
Other non-operating expense (income) OtherNonoperatingIncomeExpense - USD 1 Quarter
Other non-operating expense (income) OtherNonoperatingIncomeExpense $-2.00M USD 2 Qtrs
Other non-operating expense (income) OtherNonoperatingIncomeExpense $-2.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $478.00M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $196.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $219.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $383.00M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $55.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $105.00M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $120.00M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $51.00M USD 1 Quarter
Net income ProfitLoss $164.00M USD 1 Quarter
Net income ProfitLoss $358.00M USD 2 Qtrs
Net income ProfitLoss $145.00M USD 1 Quarter
Net income ProfitLoss $278.00M USD 2 Qtrs
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 2 Qtrs
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $6.00M USD 2 Qtrs
Net income attributable to Ingredion NetIncomeLoss $354.00M USD 2 Qtrs
Net income attributable to Ingredion NetIncomeLoss $272.00M USD 2 Qtrs
Net income attributable to Ingredion NetIncomeLoss $163.00M USD 1 Quarter
Net income attributable to Ingredion NetIncomeLoss $142.00M USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 66.40M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 66.60M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 66.30M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 66.20M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 67.10M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 67.30M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 67.30M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 67.20M shares 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $4.08 USD 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $5.35 USD 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $2.46 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $2.14 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $5.27 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $4.04 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $2.42 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $2.12 USD 1 Quarter
Cash Flow Statement 58 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $164.00M USD 1 Quarter
Net income ProfitLoss $358.00M USD 2 Qtrs
Net income ProfitLoss $145.00M USD 1 Quarter
Net income ProfitLoss $278.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $107.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $109.00M USD 2 Qtrs
Mechanical stores expense MechanicalStoresExpense $33.00M USD 2 Qtrs
Mechanical stores expense MechanicalStoresExpense $27.00M USD 2 Qtrs
Other non-cash charges OtherNonCashChargesCreditsToNetIncome $27.00M USD 2 Qtrs
Other non-cash charges OtherNonCashChargesCreditsToNetIncome $23.00M USD 2 Qtrs
Accounts receivable and prepaid expenses IncreaseDecreaseInAccountsReceivableAndPrepaidExpense $210.00M USD 2 Qtrs
Accounts receivable and prepaid expenses IncreaseDecreaseInAccountsReceivableAndPrepaidExpense $-32.00M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $256.00M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $42.00M USD 2 Qtrs
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-208.00M USD 2 Qtrs
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $12.00M USD 2 Qtrs
Margin accounts IncreaseDecreaseInMarginDepositsOutstanding $10.00M USD 2 Qtrs
Margin accounts IncreaseDecreaseInMarginDepositsOutstanding $5.00M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $-20.00M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $20.00M USD 2 Qtrs
Cash provided by (used for) operating activities NetCashProvidedByUsedInOperatingActivities $-4.00M USD 2 Qtrs
Cash provided by (used for) operating activities NetCashProvidedByUsedInOperatingActivities $279.00M USD 2 Qtrs
Capital expenditures and mechanical stores purchases PaymentsToAcquirePropertyPlantAndEquipment $154.00M USD 2 Qtrs
Capital expenditures and mechanical stores purchases PaymentsToAcquirePropertyPlantAndEquipment $144.00M USD 2 Qtrs
Proceeds from disposal of manufacturing facilities and properties ProceedsFromSaleOfPropertyPlantAndEquipment $1.00M USD 2 Qtrs
Proceeds from disposal of manufacturing facilities and properties ProceedsFromSaleOfPropertyPlantAndEquipment $7.00M USD 2 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $-1.00M USD 2 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $7.00M USD 2 Qtrs
Cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-160.00M USD 2 Qtrs
Cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-136.00M USD 2 Qtrs
Proceeds from borrowings ProceedsFromBorrowings $493.00M USD 2 Qtrs
Proceeds from borrowings ProceedsFromBorrowings $227.00M USD 2 Qtrs
Payments on debt PaymentsOnDebt $510.00M USD 2 Qtrs
Payments on debt PaymentsOnDebt $189.00M USD 2 Qtrs
Commercial paper borrowings, net ProceedsFromRepaymentsOfCommercialPaper $308.00M USD 2 Qtrs
Commercial paper borrowings, net ProceedsFromRepaymentsOfCommercialPaper - USD 2 Qtrs
Repurchases of common stock, net ProceedsFromRepurchaseOfEquity $-83.00M USD 2 Qtrs
Repurchases of common stock, net ProceedsFromRepurchaseOfEquity - USD 2 Qtrs
Issuances (settlements) of common stock for share-based compensation, net ProceedsFromPaymentsOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansNetOfSettlements $15.00M USD 2 Qtrs
Issuances (settlements) of common stock for share-based compensation, net ProceedsFromPaymentsOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansNetOfSettlements $-1.00M USD 2 Qtrs
Purchases of non-controlling interests PaymentsForRepurchaseOfRedeemableNoncontrollingInterest - USD 2 Qtrs
Purchases of non-controlling interests PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $27.00M USD 2 Qtrs
Dividends paid, including to non-controlling interests PaymentsOfDividends $95.00M USD 2 Qtrs
Dividends paid, including to non-controlling interests PaymentsOfDividends $90.00M USD 2 Qtrs
Cash (used for) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-97.00M USD 2 Qtrs
Cash (used for) provided by financing activities NetCashProvidedByUsedInFinancingActivities $145.00M USD 2 Qtrs
Effects of foreign exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.00M USD 2 Qtrs
Effects of foreign exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-15.00M USD 2 Qtrs
Increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $21.00M USD 2 Qtrs
Increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-10.00M USD 2 Qtrs
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $236.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $328.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $257.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $318.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $236.00M 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 $257.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $318.00M USD Point-in-time
Stockholders Equity 46 line items
Line Item Tag Value Unit Period
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.16B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.16B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B 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 $36.00M USD Point-in-time
Share-based payments subject to redemption, beginning balance TemporaryEquityCarryingAmountAttributableToParent $43.00M USD Point-in-time
Share-based payments subject to redemption, beginning balance TemporaryEquityCarryingAmountAttributableToParent $37.00M 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
Redeemable non-controlling interests, beginning balance RedeemableNoncontrollingInterestEquityCarryingAmount $70.00M 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, beginning balance RedeemableNoncontrollingInterestEquityCarryingAmount $71.00M USD Point-in-time
Redeemable non-controlling interests, beginning balance RedeemableNoncontrollingInterestEquityCarryingAmount $43.00M USD Point-in-time
Net income attributable to non-controlling interests TemporaryEquityNetIncome $1.00M USD 2 Qtrs
Net income attributable to non-controlling interests TemporaryEquityNetIncome $1.00M USD 1 Quarter
Share-based compensation, net of issuance TemporaryEquityShareBasedCompensationNetOfIssuance $1.00M USD 2 Qtrs
Share-based compensation, net of issuance TemporaryEquityShareBasedCompensationNetOfIssuance $6.00M USD 1 Quarter
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 compensation, net of issuance TemporaryEquityShareBasedCompensationNetOfIssuance $-5.00M USD 1 Quarter
Share-based compensation, net of issuance TemporaryEquityShareBasedCompensationNetOfIssuance $-5.00M USD 2 Qtrs
Fair market value adjustment to non-controlling interests RedeemableNoncontrollingInterestFairValueMarketAdjustment $-7.00M USD 1 Quarter
Fair market value adjustment to non-controlling interests RedeemableNoncontrollingInterestFairValueMarketAdjustment $29.00M USD 2 Qtrs
Fair market value adjustment to non-controlling interests RedeemableNoncontrollingInterestFairValueMarketAdjustment $29.00M USD 1 Quarter
Fair market value adjustment to non-controlling interests RedeemableNoncontrollingInterestFairValueMarketAdjustment $-7.00M USD 2 Qtrs
Non-controlling interest purchases MinorityInterestDecreaseFromRedemptions $27.00M USD 2 Qtrs
Non-controlling interest purchases MinorityInterestDecreaseFromRedemptions $27.00M USD 1 Quarter
Other comprehensive (loss) TemporaryEquityOtherComprehensiveIncome $-1.00M USD 2 Qtrs
Other comprehensive (loss) TemporaryEquityOtherComprehensiveIncome $-4.00M USD 2 Qtrs
Other comprehensive (loss) TemporaryEquityOtherComprehensiveIncome $-1.00M USD 1 Quarter
Other comprehensive (loss) TemporaryEquityOtherComprehensiveIncome $-4.00M 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 $36.00M USD Point-in-time
Share-based payments subject to redemption, ending balance TemporaryEquityCarryingAmountAttributableToParent $43.00M USD Point-in-time
Share-based payments subject to redemption, ending balance TemporaryEquityCarryingAmountAttributableToParent $37.00M 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
Redeemable non-controlling interests, ending balance RedeemableNoncontrollingInterestEquityCarryingAmount $70.00M 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
Redeemable non-controlling interests, ending balance RedeemableNoncontrollingInterestEquityCarryingAmount $71.00M USD Point-in-time
Redeemable non-controlling interests, ending balance RedeemableNoncontrollingInterestEquityCarryingAmount $43.00M USD Point-in-time
Comprehensive Income 44 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $164.00M USD 1 Quarter
(Losses) gains on cash flow hedges, income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-31.00M USD 2 Qtrs
Net income ProfitLoss $358.00M USD 2 Qtrs
Net income ProfitLoss $145.00M USD 1 Quarter
(Losses) gains on cash flow hedges, income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $47.00M USD 2 Qtrs
(Losses) gains on cash flow hedges, income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-15.00M USD 1 Quarter
(Losses) gains on cash flow hedges, income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $1.00M USD 1 Quarter
Net income ProfitLoss $278.00M USD 2 Qtrs
Losses (gains) on cash flow hedges reclassified to earnings, income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-1.00M USD 2 Qtrs
Losses (gains) on cash flow hedges reclassified to earnings, income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-5.00M USD 1 Quarter
Losses (gains) on cash flow hedges reclassified to earnings, income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $22.00M USD 1 Quarter
Losses (gains) on cash flow hedges reclassified to earnings, income tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $34.00M USD 2 Qtrs
(Losses) on pension and other postretirement obligations, income tax effect OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax $1.00M USD 2 Qtrs
(Losses) gains on cash flow hedges, net of income tax effect of $15, $1, $31 and $47, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-44.00M USD 1 Quarter
(Losses) on pension and other postretirement obligations, income tax effect OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax $1.00M USD 1 Quarter
(Losses) gains on cash flow hedges, net of income tax effect of $15, $1, $31 and $47, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $132.00M USD 2 Qtrs
(Losses) gains on cash flow hedges, net of income tax effect of $15, $1, $31 and $47, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-86.00M USD 2 Qtrs
(Losses) on pension and other postretirement obligations, income tax effect OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax - USD 2 Qtrs
(Losses) on pension and other postretirement obligations, income tax effect OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax - USD 1 Quarter
(Losses) gains on cash flow hedges, net of income tax effect of $15, $1, $31 and $47, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $2.00M USD 1 Quarter
Losses (gains) on cash flow hedges reclassified to earnings, net of income tax effect of $5, $22, $1 and $34, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-15.00M USD 1 Quarter
Losses (gains) on cash flow hedges reclassified to earnings, net of income tax effect of $5, $22, $1 and $34, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $94.00M USD 2 Qtrs
Losses (gains) on cash flow hedges reclassified to earnings, net of income tax effect of $5, $22, $1 and $34, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $60.00M USD 1 Quarter
Losses (gains) on cash flow hedges reclassified to earnings, net of income tax effect of $5, $22, $1 and $34, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-1.00M USD 2 Qtrs
(Losses) on pension and other postretirement obligations, net of income tax effect of $1, $, $1 and $, respectively OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax - USD 2 Qtrs
(Losses) on pension and other postretirement obligations, net of income tax effect of $1, $, $1 and $, respectively OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-1.00M USD 1 Quarter
(Losses) on pension and other postretirement obligations, net of income tax effect of $1, $, $1 and $, respectively OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-1.00M USD 2 Qtrs
(Losses) on pension and other postretirement obligations, net of income tax effect of $1, $, $1 and $, respectively OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax - USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-81.00M USD 2 Qtrs
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-119.00M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $9.00M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $15.00M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-32.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $235.00M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $287.00M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $143.00M USD 1 Quarter
Less: Comprehensive (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-4.00M USD 2 Qtrs
Less: Comprehensive (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.00M USD 1 Quarter
Less: Comprehensive (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-4.00M USD 1 Quarter
Less: Comprehensive (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-2.00M USD 2 Qtrs
Comprehensive income (loss) attributable to Ingredion ComprehensiveIncomeNetOfTax $-28.00M USD 1 Quarter
Comprehensive income (loss) attributable to Ingredion ComprehensiveIncomeNetOfTax $237.00M USD 2 Qtrs
Comprehensive income (loss) attributable to Ingredion ComprehensiveIncomeNetOfTax $144.00M USD 1 Quarter
Comprehensive income (loss) attributable to Ingredion ComprehensiveIncomeNetOfTax $291.00M USD 2 Qtrs

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

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