XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.22.2

Segment Information | 6 Months Ended
--- | ---
Jun. 30, 2022
Segment Information |
Segment Information | 13. Segment Information ​ Ingredion is principally engaged in the production and sale of starches and sweeteners for a wide range of industries and is managed geographically on a regional basis. The nature, amount, timing and uncertainty of Ingredion’s Net sales are managed by Ingredion primarily based on our geographic segments, which we classify and report as North America, South America, Asia-Pacific and EMEA. Our North America segment includes businesses in the U.S., Mexico and Canada. Our South America segment includes businesses and our share of earnings from investments in joint ventures in Brazil, Argentina, Chile, Colombia, Ecuador, Peru and Uruguay. Our Asia-Pacific segment includes the PureCircle operating segment as well as businesses in South Korea, Thailand, China, Australia, Japan, New Zealand, Indonesia, Singapore, the Philippines, Malaysia, India and Vietnam. Our EMEA segment includes businesses in Pakistan, Germany, Poland, the United Kingdom and South Africa. Net sales by product are not presented because to do so would be impracticable. ​ Presented below are Ingredion’s net sales to unaffiliated customers by reportable segment for the periods indicated:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ | June 30, | ​ | June 30, | ​
(in millions) |  | 2022 |  | 2021 | ​ | 2022 |  | 2021 |
Net sales to unaffiliated customers: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
North America | ​ | $ | 1,284 | ​ | $ | 1,068 | ​ | $ | 2,458 | ​ | $ | 2,013 | ​
South America | ​ | ​ | 290 | ​ | ​ | 268 | ​ | ​ | 542 | ​ | ​ | 541 | ​
Asia-Pacific | ​ | ​ | 275 | ​ | ​ | 248 | ​ | ​ | 547 | ​ | ​ | 483 | ​
EMEA | ​ | ​ | 195 | ​ | ​ | 178 | ​ | ​ | 389 | ​ | ​ | 339 | ​
Total net sales | ​ | $ | 2,044 | ​ | $ | 1,762 | ​ | $ | 3,936 | ​ | $ | 3,376 | ​
​ Presented below are Ingredion’s operating income by reportable segment for the periods indicated: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ | June 30, | ​ | June 30, | ​
(in millions) |  | 2022 |  | 2021 | ​ | 2022 | ​ | 2021 |
Operating income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
North America | ​ | $ | 161 | ​ | $ | 149 | ​ | $ | 317 | ​ | $ | 283 | ​
South America | ​ | ​ | 39 | ​ | ​ | 33 | ​ | ​ | 77 | ​ | ​ | 73 | ​
Asia-Pacific | ​ | ​ | 21 | ​ | ​ | 24 | ​ | ​ | 43 | ​ | ​ | 49 | ​
EMEA | ​ | ​ | 29 | ​ | ​ | 32 | ​ | ​ | 60 | ​ | ​ | 63 | ​
Corporate | ​ | ​ | (35) | ​ | ​ | (30) | ​ | ​ | (69) | ​ | ​ | (59) | ​
Subtotal | ​ | ​ | 215 | ​ | ​ | 208 | ​ | ​ | 428 | ​ | ​ | 409 | ​
Acquisition/integration costs | ​ | ​ | — | ​ | ​ | 3 | ​ | ​ | (1) | ​ | ​ | 2 | ​
Restructuring/impairment charges | ​ | ​ | (2) | ​ | ​ | (4) | ​ | ​ | (4) | ​ | ​ | (14) | ​
Impairment on assets held for sale | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (360) | ​
Other matters | ​ | ​ | — | ​ | ​ | 15 | ​ | ​ | — | ​ | ​ | 15 | ​
Total operating income | ​ | $ | 213 | ​ | $ | 222 | ​ | $ | 423 | ​ | $ | 52 | ​
​ Presented below are Ingredion’s total assets by reportable segment as of June 30, 2022 and December 31, 2021:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of | ​ | As of | ​
(in millions) | ​ | June 30, 2022 |  | December 31, 2021 | ​
Assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​
North America (a) | ​ | $ | 4,527 | ​ | $ | 4,203 | ​
South America | ​ | ​ | 876 | ​ | ​ | 799 | ​
Asia-Pacific | ​ | ​ | 1,374 | ​ | ​ | 1,403 | ​
EMEA | ​ | ​ | 612 | ​ | ​ | 594 | ​
Total assets | ​ | $ | 7,389 | ​ | $ | 6,999 | ​
For purposes of presentation, North America includes Corporate assets.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration