v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 914 $ 1,030
Short-term investments 4 3
Accounts receivable, net 1,358 1,185
Inventories 1,183 1,227
Prepaid expenses and assets held for sale 66 60
Total current assets 3,525 3,505
Property, plant and equipment, net of accumulated depreciation of $3,748 and $3,727 2,561 2,526
Goodwill 920 922
Intangible assets, net of accumulated amortization of $360 and $354 339 347
Other non-current assets 583 597
Total assets 7,928 7,897
Current liabilities:    
Short-term borrowings 83 48
Accounts payable 613 693
Accrued liabilities and liabilities held for sale 581 575
Total current liabilities 1,277 1,316
Long-term debt 1,742 1,742
Other non-current liabilities 463 473
Total liabilities 3,482 3,531
Share-based payments subject to redemption 41 64
Redeemable non-controlling interests 0 7
Ingredion stockholders’ equity:    
Preferred stock — authorized 25.0 shares — $0.01 par value, none issued 0 0
Common stock — authorized 200.0 shares — $0.01 par value, 77.8 shares issued at March 31, 2026 and December 31, 2025 1 1
Additional paid-in capital 1,162 1,155
Less: Treasury stock (common stock: 14.8 shares at March 31, 2026 and December 31, 2025) at cost (1,553) (1,555)
Accumulated other comprehensive loss (927) (937)
Retained earnings 5,700 5,610
Total Ingredion stockholders’ equity 4,383 4,274
Non-redeemable non-controlling interests 22 21
Total stockholders’ equity 4,405 4,295
Total liabilities and stockholders’ equity $ 7,928 $ 7,897