Earnings per Common Share

6 Months Ended

Jun. 30, 2017

Earnings per Common Share

Earnings per Common Share

9.           Earnings per Common Share

The following table provides the computation of basic and diluted earnings per common share ("EPS") for the periods presented:

	Three Months Ended  June 30,  2017					Three Months Ended  June 30,  2016
	Net Income					Net Income
	Available		Weighted	Per Share		Available		Weighted	Per Share
(in millions, except per share amounts)	to Ingredion		Average Shares	Amount		to Ingredion		Average Shares	Amount
Basic EPS	$	130	71.8	$	1.81	$	117	72.2	$	1.62
Effect of Dilutive Securities:
Incremental shares from assumed exercise of dilutive stock options and vesting of dilutive RSUs and other awards			1.4					1.8
Diluted EPS	$	130	73.2	$	1.78	$	117	74.0	$	1.58

	Six Months Ended  June 30, 2017					Six Months Ended  June 30, 2016
	Net Income					Net Income
	Available		Weighted	Per Share		Available		Weighted	Per Share
(in millions, except per share amounts)	to Ingredion		Average Shares	Amount		to Ingredion		Average Shares	Amount
Basic EPS	$	254	72.0	$	3.53	$	248	72.1	$	3.44
Effect of Dilutive Securities:
Incremental shares from assumed exercise of dilutive stock options and vesting of dilutive RSUs and other awards			1.4					1.7
Diluted EPS	$	254	73.4	$	3.46	$	248	73.8	$	3.36

For the three and six months ended June 30, 2017 and 2016,  approximately 0.3 million share-based awards of common stock were excluded from the calculation of diluted EPS as the impact of their inclusion would have been anti-dilutive. For the three and six months ended June 30, 2016, 0.1 million and 0.3 million share-based awards of common stock, respectively, were excluded from the calculation of diluted EPS as the impact of their inclusion would have been anti-dilutive.