XML 16 R5.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 477 $ 434
Short-term investments 20 6
Accounts receivable - net 786 775
Inventories 756 715
Prepaid expenses 29 20
Total current assets 2,068 1,950
Property, plant and equipment - net of accumulated depreciation of $2,723 and $2,642, respectively 2,014 1,989
Goodwill 606 601
Other intangible assets (less accumulated amortization of $89 and $82, respectively) 404 410
Deferred income tax assets 5 7
Other assets 131 117
Total Assets 5,228 5,074
Current liabilities    
Short-term borrowings 15 19
Accounts payable and accrued liabilities 678 723
Total current liabilities 693 742
Non-current liabilities 178 170
Long-term debt 1,872 1,819
Deferred income tax liabilities 141 139
Share-based payments subject to redemption 17 24
Ingredion Stockholders' equity    
Preferred stock - authorized 25,000,000 shares- $0.01 par value - none issued 0 0
Common stock — authorized 200,000,000 shares-$0.01 par value, 77,810,875 issued at March 31, 2016 and December 31, 2015, respectively 1 1
Additional paid-in capital 1,154 1,160
Less - Treasury stock (common stock: 5,844,332 and 6,194,510 shares at March 31, 2016 and December 31, 2015, respectively) at cost (444) (467)
Accumulated other comprehensive loss (1,067) (1,102)
Retained earnings 2,647 2,552
Total Ingredion stockholders' equity 2,291 2,144
Non-controlling interests 36 36
Total equity 2,327 2,180
Total liabilities and equity $ 5,228 $ 5,074