Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended	6 Months Ended
Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Net sales	$ 1,878	$ 2,069	$ 3,760	$ 4,206
Cost of sales	1,432	1,628	2,897	3,278
Gross profit	446	441	863	928
Operating expenses	191	188	380	375
Other operating (income) expense	(8)	2	4	11
Restructuring/impairment charges	23	0	26	0
Operating income	240	251	453	542
Financing costs	10	30	29	62
Net gain on sale of business	0	0	(82)	0
Other non-operating expense	0	2	0	2
Income before income taxes	230	219	506	478
Provision for income taxes	80	55	138	120
Net income	150	164	368	358
Less: Net income attributable to non-controlling interests	2	1	4	4
Net income attributable to Ingredion	$ 148	$ 163	$ 364	$ 354
Weighted average common shares outstanding:
Basic (in shares)	65.7	66.3	65.7	66.2
Diluted (in shares)	66.8	67.3	66.7	67.2
Earnings per common share of Ingredion:
Basic (in dollars per share)	$ 2.25	$ 2.46	$ 5.54	$ 5.35
Diluted (in dollars per share)	$ 2.22	$ 2.42	$ 5.46	$ 5.27

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.