Ingredion Inc
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
INGR$91.95-0.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net income | $651 | $502 | $125 |
| Other comprehensive income: | |||
| (Losses) gains on cash flow hedges, net of income tax effect of $40, $53 and $58, respectively | (111) | 157 | 160 |
| Losses (gains) on cash flow hedges reclassified to earnings, net of income tax effect of $21, $69 and $55, respectively | 57 | (199) | (154) |
| Actuarial (losses) gains on pension and other postretirement obligations, settlements and plan amendments, net of income tax effect of $—, $1 and $9, respectively | (2) | (4) | 19 |
| Losses on pension and other postretirement obligations reclassified to earnings, net of income tax effect of $— | 1 | — | — |
| Currency translation adjustment | 47 | (105) | 211 |
| Comprehensive income | 643 | 351 | 361 |
| Less: Comprehensive income attributable to non-controlling interests | 2 | — | 9 |
| Comprehensive income attributable to Ingredion | $641 | $351 | $352 |
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