XML 50 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 440 $ 401
Accounts receivable - net 843 837
Inventories 779 769
Prepaid expenses 20 24
Deferred income taxes 65 71
Total current assets 2,147 2,102
Property, plant and equipment - net 2,129 2,156
Goodwill - net 557 562
Other intangible assets - net 338 347
Deferred income taxes 31 19
Investments 10 10
Other non-current assets 117 121
Total assets 5,329 5,317
Current liabilities    
Short-term borrowings and current portion of long-term debt 63 148
Deferred income taxes 11  
Accounts payable and accrued liabilities 734 778
Total current liabilities 808 926
Non-current liabilities 244 243
Long-term debt 1,776 1,801
Deferred income taxes 201 199
Share-based payments subject to redemption 13 15
Ingredion stockholders' equity:    
Preferred stock - authorized 25,000,000 shares-$0.01 par value - none issued      
Common stock - authorized 200,000,000 shares-$0.01 par value - 76,821,553 shares issued at June 30, 2012 and December 31,2011 1 1
Additional paid-in capital 1,139 1,146
Less: Treasury stock (common stock; 649,457 and 938,666 shares at June 30, 2012 and December 31, 2011, respectively) at cost (31) (42)
Accumulated other comprehensive loss (435) (413)
Retained earnings 1,585 1,412
Total Ingredion stockholders' equity 2,259 2,104
Non-controlling interests 28 29
Total equity 2,287 2,133
Total liabilities and equity $ 5,329 $ 5,317