Ingredion Inc
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
INGR$92.78+1.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(dollars and shares in millions, except per share amounts)
| As of December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $401 | $236 |
| Short-term investments | 8 | 3 |
| Accounts receivable, net | 1,279 | 1,411 |
| Inventories | 1,450 | 1,597 |
| Prepaid expenses and assets held for sale | 261 | 62 |
| Total current assets | 3,399 | 3,309 |
| Property, plant and equipment, net | 2,370 | 2,407 |
| Intangible assets, net | 1,303 | 1,301 |
| Other assets | 570 | 544 |
| Total assets | $7,642 | $7,561 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Short-term borrowings | $448 | $543 |
| Accounts payable | 778 | 873 |
| Accrued liabilities and liabilities held for sale | 546 | 466 |
| Total current liabilities | 1,772 | 1,882 |
| Long-term debt | 1,740 | 1,940 |
| Other non-current liabilities | 480 | 477 |
| Total liabilities | 3,992 | 4,299 |
| Share-based payments subject to redemption | 55 | 48 |
| Redeemable non-controlling interests | 43 | 51 |
| Ingredion stockholders’ equity: | ||
| Preferred stock — authorized 25.0 shares — $0.01 par value, none issued | — | — |
| Common stock — authorized 200.0 shares — $0.01 par value, 77.8 issued at December 31, 2023 and 2022 | 1 | 1 |
| Additional paid-in capital | 1,146 | 1,132 |
| Less: Treasury stock (common stock: 12.6 and 12.1 shares at December 31, 2023 and 2022, respectively) at cost | (1,207) | (1,148) |
| Accumulated other comprehensive loss | (1,056) | (1,048) |
| Retained earnings | 4,654 | 4,210 |
| Total Ingredion stockholders’ equity | 3,538 | 3,147 |
| Non-redeemable non-controlling interests | 14 | 16 |
| Total stockholders' equity | 3,552 | 3,163 |
| Total liabilities and stockholders' equity | $7,642 | $7,561 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.