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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net sales $ 7,430 $ 8,160 $ 7,946
Cost of sales 5,639 6,411 6,452
Gross profit 1,791 1,749 1,494
Operating expenses 782 789 715
Other operating (income) expense, net (1) (8) 13
Restructuring/impairment charges 127 11 4
Operating income 883 957 762
Financing costs 39 114 99
Net gain on sale of business (90) 0 0
Other non-operating expense (income) 3 4 (5)
Income before income taxes 931 839 668
Provision for income taxes 277 188 166
Net income 654 651 502
Less: Net income attributable to non-controlling interests 7 8 10
Net income attributable to Ingredion $ 647 $ 643 $ 492
Weighted average common shares outstanding:      
Basic (in shares) 65.5 66.0 66.2
Diluted (in shares) 66.6 67.0 67.0
Earnings per common share of Ingredion:      
Basic (in dollars per share) $ 9.88 $ 9.74 $ 7.43
Diluted (in dollars per share) $ 9.71 $ 9.60 $ 7.34