Condensed Consolidated Balance Sheet - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 278	$ 264
Short-term investments	2	4
Accounts receivable, net	996	977
Inventories	857	861
Prepaid expenses	55	54
Total current assets	2,188	2,160
Property, plant and equipment, net of accumulated depreciation of $2,979 and $3,056, respectively	2,208	2,306
Goodwill	787	801
Other intangible assets, net of accumulated amortization of $202 and $197, respectively	427	437
Operating lease assets	147	151
Deferred income tax assets	16	13
Other assets	179	172
Total assets	5,952	6,040
Current liabilities:
Short-term borrowings	77	82
Accounts payable and accrued liabilities	860	885
Total current liabilities	937	967
Non-current liabilities	205	220
Long-term debt	1,871	1,766
Non-current operating lease liabilities	115	120
Deferred income tax liabilities	174	195
Share-based payments subject to redemption	23	31
Ingredion stockholders' equity:
Preferred stock - authorized 25,000,000 shares - $0.01 par value, none issued
Common stock - authorized 200,000,000 shares - $0.01 par value, 77,810,875 issued at March 31, 2020 and December 31, 2019, respectively	1	1
Additional paid-in capital	1,142	1,137
Less: Treasury stock (common stock: 10,772,260 and 10,993,388 shares at March 31, 2020 and December 31, 2019, respectively) at cost	(1,028)	(1,040)
Accumulated other comprehensive loss	(1,322)	(1,158)
Retained earnings	3,813	3,780
Total Ingredion stockholders' equity	2,606	2,720
Non-controlling interests	21	21
Total equity	2,627	2,741
Total liabilities and equity	$ 5,952	$ 6,040