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Condensed Consolidated Statements of (Loss) Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Condensed Consolidated Statements of (Loss) Income    
Net sales $ 1,614 $ 1,543
Cost of sales 1,263 1,220
Gross profit 351 323
Operating expenses 153 154
Other (income) expense, net (2) 2
Restructuring/impairment charges 370 14
Operating (loss) income (170) 153
Financing costs, net 19 18
Other, non-operating (income), net (1) (1)
(Loss) income before income taxes (188) 136
Provision for income taxes 55 58
Net (loss) income (243) 78
Less: Net income attributable to non-controlling interests 3 3
Net (loss) income attributable to Ingredion $ (246) $ 75
Weighted average common shares outstanding:    
Basic (in shares) 67.3 67.1
Diluted (in shares) 67.3 67.8
Earnings per common share of Ingredion:    
Basic (in dollars per share) $ (3.66) $ 1.12
Diluted (in dollars per share) $ (3.66) $ 1.11