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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 1,882 $ 2,137
Cost of sales 1,465 1,650
Gross profit 417 487
Operating expenses 189 187
Other operating expense 12 9
Restructuring/impairment charges 3 0
Operating income 213 291
Financing costs 19 32
Net gain on sale of business (82) 0
Income before income taxes 276 259
Provision for income taxes 58 65
Net income 218 194
Less: Net income attributable to non-controlling interests 2 3
Net income attributable to Ingredion $ 216 $ 191
Weighted average common shares outstanding:    
Basic (in shares) 65.7 66.1
Diluted (in shares) 66.8 67.1
Earnings per common share of Ingredion:    
Basic (in dollars per share) $ 3.29 $ 2.89
Diluted (in dollars per share) $ 3.23 $ 2.85