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Condensed Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Consolidated Statements of Income        
Net sales before shipping and handling costs $ 1,568.2 $ 1,715.4 $ 3,003.0 $ 3,377.9
Less: shipping and handling costs 85.5 82.0 163.2 160.6
Net sales 1,482.7 1,633.4 2,839.8 3,217.3
Cost of sales 1,186.8 1,357.4 2,294.1 2,635.7
Gross profit 295.9 276.0 545.7 581.6
Operating expenses 137.2 138.5 269.6 274.1
Other (income), net (3.9) (2.6) (8.8) (7.7)
Operating income 162.6 140.1 284.9 315.2
Financing costs, net 17.2 16.3 33.8 33.0
Income before income taxes 145.4 123.8 251.1 282.2
Provision for income taxes 40.8 27.1 71.3 73.5
Net income 104.6 96.7 179.8 208.7
Less: Net income attributable to non-controlling interests 2.0 1.6 4.6 2.9
Net income attributable to Ingredion $ 102.6 $ 95.1 $ 175.2 $ 205.8
Weighted average common shares outstanding:        
Basic (in shares) 74.9 77.6 74.8 77.5
Diluted (in shares) 76.0 78.9 75.9 78.8
Earnings per common share of Ingredion:        
Basic (in dollars per share) $ 1.37 $ 1.22 $ 2.34 $ 2.65
Diluted (in dollars per share) $ 1.35 $ 1.20 $ 2.31 $ 2.61