XML 19 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 435 $ 512
Short-term investments 13 4
Accounts receivable - net 913 923
Inventories 835 789
Prepaid expenses 31 24
Total current assets 2,227 2,252
Property, plant and equipment, at cost    
Property, plant and equipment - net of accumulated depreciation of $2,885 and $2,826, respectively 2,146 2,116
Goodwill 803 784
Other intangible assets - net of accumulated amortization of $114 and $106, respectively 496 502
Deferred income tax assets 7 7
Other assets 120 121
Total Assets 5,799 5,782
Current liabilities    
Short-term borrowings 118 106
Accounts payable and accrued liabilities 815 872
Total current liabilities 933 978
Non-current liabilities 164 158
Long-term debt 1,895 1,850
Deferred income tax liabilities 174 171
Share-based payments subject to redemption 24 30
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, 2017 and December 31, 2016, respectively 1 1
Additional paid-in capital 1,139 1,149
Less - Treasury stock (common stock: 6,202,224 and 5,396,526 shares at March 31, 2017 and December 31, 2016, respectively) at cost (520) (413)
Accumulated other comprehensive loss (1,023) (1,071)
Retained earnings 2,987 2,899
Total Ingredion stockholders' equity 2,584 2,565
Non-controlling interests 25 30
Total equity 2,609 2,595
Total liabilities and equity $ 5,799 $ 5,782