Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Net sales	$ 2,137	$ 1,892
Cost of sales	1,650	1,513
Gross profit	487	379
Operating expenses	187	169
Other operating expense (income)	9	(2)
Restructuring/impairment charges	0	2
Operating income	291	210
Financing costs	32	24
Other non-operating (income)	0	(1)
Income before income taxes	259	187
Provision for income taxes	65	54
Net income	194	133
Less: Net income attributable to non-controlling interests	3	3
Net income attributable to Ingredion	$ 191	$ 130
Weighted average common shares outstanding:
Basic (in shares)	66.1	66.9
Diluted (in shares)	67.1	67.6
Earnings per common share of Ingredion:
Basic (in dollars per share)	$ 2.89	$ 1.94
Diluted (in dollars per share)	$ 2.85	$ 1.92

The net amount of expense (income) derived from financing activities, including: the aggregate cost of borrowed funds accounted for as interest that was charged against earnings during the period; the noncash expenses charged against earnings in the period to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments; income derived from investments in cash and cash equivalents; and foreign currency transaction gains and losses.

No definition available.