(a)

Interest capitalized amounted to $5 million, $3 million, and $4 million in the years ended December 31, 2019, 2018, and 2017, respectively.

Consolidated Statements of Cash Flow


(in millions)	2019		2018		2017
Other non-cash charges to net income:
Share-based compensation expense	$	18	$	21	$	26
Other		15		18		13
Total other non-cash charges to net income	$	33	$	39	$	39


(in millions)	2019		2018		2017
Interest paid	$	80	$	73	$	77
Income taxes paid		145		231		289

Quarterly Financial Data (Unaudited)

Summarized quarterly financial data is as follows:


(in millions, except per share amounts)	1^st QTR (a)		2^nd QTR (b)		3^rd QTR (c)		4^th QTR (d)
2019
Net sales	$	1,536	$	1,550	$	1,574	$	1,549
Gross profit		316		329		344		323
Net income attributable to Ingredion		100		105		99		109
Basic earnings per common share of Ingredion		1.50		1.57		1.48		1.63
Diluted earnings per common share of Ingredion		1.48		1.56		1.47		1.61
Per share dividends declared	$	0.625	$	0.625	$	0.63	$	0.63


(in millions, except per share amounts)	1^st QTR (e)		2^nd QTR (f)		3^rd QTR (g)		4^th QTR (h)
2018
Net sales	$	1,581	$	1,608	$	1,563	$	1,537
Gross profit		354		360		334		320
Net income attributable to Ingredion		140		114		95		94
Basic earnings per common share of Ingredion		1.94		1.59		1.33		1.38
Diluted earnings per common share of Ingredion		1.90		1.57		1.32		1.36
Per share dividends declared	$	0.60	$	0.60	$	0.625	$	0.625

(a)

In the first quarter of 2019, the Company recorded $3 million in after-tax, net restructuring costs and $1 million in after-tax, net acquisition/integration costs.

(b)

In the second quarter of 2019, the Company recorded $7 million in after-tax, net restructuring costs.

(c)

In the third quarter of 2019, the Company recorded $22 million in after-tax, net restructuring cost and $2 million in after-tax charges for other tax matters.

(d)

In the fourth quarter of 2019, the Company recorded $13 million in after-tax, other income related to other matters, $12 million in after-tax, net restructuring costs, and $1 million in after-tax, acquisition/integration costs.

(e)

In the first quarter of 2018, the Company recorded $3 million in after-tax, net restructuring costs.

(f)

In the second quarter of 2018, the Company recorded $5 million in after-tax, net restructuring costs and $2 million in after-tax, interest penalty related to an income tax settlement.

(g)

In the third quarter of 2018, the Company recorded $27 million in after-tax, net restructuring costs, $2 million in after-tax charges for the refinement of provisional charges related to the enactment of the TCJA, and $2 million after-tax gain related to a refinement of reserve for an income tax settlement.

(h)

In the fourth quarter of 2018, the Company recorded $16 million in after-tax, net restructuring costs and $1 million in after-tax charges for the refinement of provisional charges related to the enactment of the TCJA.