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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 7,946 $ 6,894 $ 5,987
Cost of sales 6,452 5,563 4,715
Gross profit 1,494 1,331 1,272
Operating expenses 715 668 628
Other operating expense (income) 13 (34) (31)
Restructuring/impairment charges and related adjustments 4 387 93
Operating income 762 310 582
Financing costs 99 74 81
Other non-operating (income) (5) (12) (5)
Income before income taxes 668 248 506
Provision for income taxes 166 123 152
Net income 502 125 354
Less: Net income attributable to non-controlling interests 10 8 6
Net income attributable to Ingredion $ 492 $ 117 $ 348
Weighted average common shares outstanding:      
Basic (in shares) 66.2 67.1 67.2
Diluted (in shares) 67.0 67.8 67.6
Earnings per common share of Ingredion:      
Basic (in dollars per share) $ 7.43 $ 1.74 $ 5.18
Diluted (in dollars per share) $ 7.34 $ 1.73 $ 5.15