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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Condensed Consolidated Statements of Income    
Net sales before shipping and handling costs $ 1,581 $ 1,552
Less: Shipping and handling costs 112 99
Net sales 1,469 1,453
Cost of sales 1,115 1,102
Gross profit 354 351
Operating expenses 156 150
Other income, net (2) (2)
Restructuring/impairment charges 3 10
Operating expenses   150
Operating income 197 193
Financing costs, net 16 21
Other, non-operating income (1) (2)
Income before income taxes 182 174
Provision for income taxes 39 47
Net income 143 127
Less: Net income attributable to non-controlling interests 3 3
Net income attributable to Ingredion $ 140 $ 124
Weighted average common shares outstanding:    
Basic (in shares) 72.3 72.2
Diluted (in shares) 73.6 73.7
Earnings per common share of Ingredion:    
Basic (in dollars per share) $ 1.94 $ 1.72
Diluted (in dollars per share) $ 1.90 $ 1.68