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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Data (Unaudited)  
Quarterly Financial Data (Unaudited)

Quarterly Financial Data (Unaudited)

 

Summarized quarterly financial data is as follows:

 

(in millions, except per share amounts)

 

1st QTR

 

2nd QTR

 

3rd QTR

 

4th QTR

 

2013

 

 

 

 

 

 

 

 

 

Net sales before shipping and handling costs

 

$

1,662

 

$

1,715

 

$

1,696

 

$

1,579

 

Less: shipping and handling costs

 

78

 

82

 

84

 

80

 

Net sales

 

$

1,584

 

$

1,633

 

$

1,612

 

$

1,499

 

Gross profit

 

306

 

276

 

259

 

291

 

Net income attributable to Ingredion

 

111

 

95

 

86

 

104

 

Basic earnings per common share of Ingredion

 

$

1.43

 

$

1.22

 

$

1.12

 

$

1.37

 

Diluted earnings per common share of Ingredion

 

$

1.41

 

$

1.20

 

$

1.10

 

$

1.35

 

 

(in millions, except per share amounts)

 

1st QTR

 

2nd QTR

 

3rd QTR

 

4th QTR

 

2012

 

 

 

 

 

 

 

 

 

Net sales before shipping and handling costs

 

$

1,658

 

$

1,720

 

$

1,764

 

$

1,726

 

Less: shipping and handling costs

 

84

 

85

 

85

 

82

 

Net sales

 

$

1,574

 

$

1,635

 

$

1,679

 

$

1,644

 

Gross profit

 

296

 

295

 

313

 

333

 

Net income attributable to Ingredion

 

94

 

109

 

113

 

112

 

Basic earnings per common share of Ingredion

 

$

1.23

 

$

1.42

 

$

1.47

 

$

1.45

 

Diluted earnings per common share of Ingredion

 

$

1.21

 

$

1.40

 

$

1.45

 

$

1.42