Ingredion Inc INGR Income Statement

Ingredion inc (INGR)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net sales before shipping and handling costs
-	-	6,197	6,186	-	-	6,295	6,323	6,273	-	6,247	6,225	6,200	6,082	6,024	5,979	5,982	5,958	5,997	6,018	6,050	5,998	6,294	6,361	6,426	6,653	6,472	6,540	6,541	6,532	6,435	6,384	6,333	6,219	6,079	5,470	4,889	4,367	3,930	3,822	0	0	0
Less: shipping and handling costs
-	-	460	456	-	-	443	436	425	-	452	426	403	378	315	322	331	337	336	333	332	330	328	327	324	325	326	328	330	336	335	334	332	325	324	303	283	265	240	230	0	0	0
Net sales
6,216	6,209	6,301	6,294	6,356	6,289	6,264	6,299	6,260	6,244	5,795	5,799	5,797	5,704	5,709	5,657	5,651	5,621	5,506	5,529	5,563	5,668	5,632	5,867	6,100	6,328	6,799	6,868	6,872	6,868	6,771	6,718	6,666	6,544	6,403	5,774	5,172	4,632	4,171	4,053	0	0	0
Cost of sales
4,897	4,897	4,992	4,995	5,026	4,921	4,856	4,837	4,785	4,772	4,345	4,368	4,384	4,303	4,334	4,321	4,351	4,379	4,382	4,437	4,494	4,553	4,665	4,855	5,026	5,197	5,298	5,311	5,293	5,294	5,251	5,237	5,210	5,093	4,987	4,483	4,009	3,643	3,298	3,251	0	0	0
Gross profit
1,319	1,312	1,309	1,299	1,330	1,368	1,408	1,462	1,475	1,472	1,450	1,431	1,413	1,401	1,375	1,336	1,300	1,242	1,201	1,169	1,146	1,115	1,133	1,095	1,075	1,131	1,174	1,228	1,247	1,238	1,184	1,147	1,123	1,126	1,091	987	879	724	631	571	0	0	0
Operating expenses
614	610	603	598	605	611	619	625	622	616	611	606	592	580	570	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
18	19	6	7	7	10	18	19	18	18	9	8	7	4	6	1	-1	1	2	14	20	24	23	17	15	16	22	21	21	22	43	42	42	98	70	70	71	10	4	4	0	0	0
Restructuring/impairment charges
67	57	60	66	65	64	60	33	31	38	25	31	0	-	0	0	-	28	0	0	0	-	-	-	-	-	-	-	-	36	30	23	0	-	0	0	-	-	0	0	-	-	0
Operating income
656	664	652	642	667	703	747	823	840	836	821	811	799	806	791	745	720	660	606	609	598	581	623	582	560	613	637	669	682	668	649	622	604	671	606	553	494	339	324	162	0	0	0
Financing costs, net
77	81	83	83	92	86	81	73	68	73	75	74	73	66	64	63	61	61	57	58	58	61	63	66	65	66	65	63	64	67	72	69	70	78	80	98	85	64	51	31	0	0	0
Other, non-operating expense (income), net
0	-	0	-	-	4	4	5	5	6	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
579	582	569	561	578	621	670	755	777	769	753	742	730	742	727	682	659	599	548	550	540	520	560	516	494	547	572	605	617	601	576	553	533	593	526	454	408	275	273	131	0	0	0
Provision for income taxes
179	158	161	157	165	167	210	224	229	237	227	239	240	246	221	212	200	187	181	172	166	157	153	141	128	144	161	169	167	167	159	160	170	170	146	126	122	99	97	76	0	0	0
Net income
400	424	408	404	413	454	460	531	548	532	526	503	490	496	506	470	459	412	367	378	373	363	406	374	366	403	410	436	450	434	417	392	363	423	379	328	286	176	176	54	0	0	0
Less: Net income attributable to non-controlling interests
12	11	10	10	10	11	12	12	13	13	11	11	11	11	13	12	11	10	7	7	7	8	8	8	8	7	6	5	5	6	5	6	6	7	7	7	7	7	6	6	0	0	0
Net income attributable to Ingredion
388	413	398	394	403	443	448	519	535	519	515	492	479	485	493	458	448	402	360	370	366	355	397	365	357	396	404	430	444	428	411	386	356	416	372	321	279	169	169	48	0	0	0
Weighted average common shares outstanding:
Basic (in shares)
67	67	66	66	66	68	71	71	72	72	71	71	72	72	72	72	72	71	71	71	71	71	73	74	74	75	77	77	77	76	76	76	76	75	76	76	76	76	75	75	75	74	74
Diluted (in shares)
67	67	67	67	67	68	71	72	73	73	73	73	73	74	74	74	73	73	72	72	72	73	74	76	75	76	78	78	78	79	77	77	78	78	78	78	78	77	76	76	76	75	74
Earnings per common share of Ingredion:
Basic (in dollars per share)
1.12	1.62	1.48	1.57	1.50	1.39	1.33	1.59	1.94	1.37	2.31	1.81	1.72	1.29	1.98	1.62	1.81	1.45	1.51	1.49	1.17	0.86	1.62	1.37	0.97	1.37	1.12	1.22	1.43	1.47	1.47	1.42	1.23	1.25	1.15	1.03	2.01	0.68	0.49	0.49	0.58	0.70	-1.13
Diluted (in dollars per share)
1.11	1.62	1.47	1.56	1.48	1.38	1.32	1.57	1.90	1.34	2.26	1.78	1.68	1.27	1.93	1.58	1.77	1.41	1.48	1.47	1.15	0.83	1.60	1.35	0.96	1.34	1.10	1.20	1.41	1.41	1.45	1.40	1.21	1.22	1.12	1.01	1.97	0.67	0.48	0.48	0.57	0.70	-1.13