Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 1,882	$ 2,137
Cost of sales	1,465	1,650
Gross profit	417	487
Operating expenses	189	187
Other operating expense	12	9
Restructuring/impairment charges	3	0
Total Operating Expenses	204.0	196.0	0	0	0
Operating income	213	291
Financing costs	19	32
Total Other Income Expenses	-63.0	32.0	0	0	0
Net gain on sale of business	(82)	0
Income before income taxes	276	259
Provision for income taxes	58	65
Net income	218	194
Less: Net income attributable to non-controlling interests	2	3
Net income attributable to Ingredion	$ 216	$ 191
Weighted average common shares outstanding:
Basic (in shares)	65.7	66.1
Diluted (in shares)	66.8	67.1
Earnings per common share of Ingredion:
Basic (in dollars per share)	$ 3.29	$ 2.89
Diluted (in dollars per share)	$ 3.23	$ 2.85

The net amount of expense (income) derived from financing activities, including: the aggregate cost of borrowed funds accounted for as interest that was charged against earnings during the period; the noncash expenses charged against earnings in the period to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments; income derived from investments in cash and cash equivalents; and foreign currency transaction gains and losses.

No definition available.