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Condensed Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Condensed Consolidated Statements of Income        
Net sales before shipping and handling costs $ 1,695.8 $ 1,764.3 $ 5,073.7 $ 5,141.9
Less: shipping and handling costs 84.1 85.3 244.7 253.7
Net sales 1,611.7 1,679.0 4,829.0 4,888.2
Cost of sales 1,352.9 1,365.8 3,988.5 3,983.9
Gross profit 258.8 313.2 840.5 904.3
Operating expenses 125.0 137.1 399.1 404.9
Other (income), net (3.1) (2.3) (10.7) (10.2)
Restructuring / impairment charges   9.6   27.0
Operating income 136.9 168.8 452.1 482.6
Financing costs, net 17.9 16.0 50.9 52.6
Income before income taxes 119.0 152.8 401.2 430.0
Provision for income taxes 30.7 38.9 104.1 109.7
Net income 88.3 113.9 297.1 320.3
Less: Net income attributable to non-controlling interests 2.0 1.2 4.9 4.3
Net income attributable to Ingredion $ 86.3 $ 112.7 $ 292.2 $ 316.0
Weighted average common shares outstanding:        
Basic (in shares) 77.3 76.5 77.5 76.5
Diluted (in shares) 78.6 77.8 78.8 77.9
Earnings per common share of Ingredion:        
Basic (in dollars per share) $ 1.12 $ 1.47 $ 3.77 $ 4.13
Diluted (in dollars per share) $ 1.10 $ 1.45 $ 3.71 $ 4.06