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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Consolidated Statements of Income        
Net sales before shipping and handling costs $ 1,544.8 $ 1,695.8 $ 4,547.8 $ 5,073.7
Less: shipping and handling costs 84.5 84.1 247.7 244.7
Net sales 1,460.3 1,611.7 4,300.1 4,829.0
Cost of sales 1,162.7 1,352.9 3,456.8 3,988.5
Gross profit 297.6 258.8 843.3 840.5
Operating expenses 129.1 125.0 398.6 399.1
Other (income), net (9.6) (3.1) (18.4) (10.7)
Operating income 178.1 136.9 463.1 452.1
Financing costs, net 15.1 17.9 49.0 50.9
Income before income taxes 163.0 119.0 414.1 401.2
Provision for income taxes 42.6 30.7 113.9 104.1
Net income 120.4 88.3 300.2 297.1
Less: Net income attributable to non-controlling interests 1.8 2.0 6.4 4.9
Net income attributable to Ingredion $ 118.6 $ 86.3 $ 293.8 $ 292.2
Weighted average common shares outstanding:        
Basic (in shares) 73.0 77.3 74.2 77.5
Diluted (in shares) 74.3 78.6 75.5 78.8
Earnings per common share of Ingredion:        
Basic (in dollars per share) $ 1.62 $ 1.12 $ 3.96 $ 3.77
Diluted (in dollars per share) $ 1.60 $ 1.10 $ 3.89 $ 3.71