Supplementary Information (Tables)

12 Months Ended

Dec. 31, 2025

Accounts receivable, net as of December 31, 2025 and 2024 were as follows:


	As of December 31,
	2025		2024
Accounts receivable – trade	$	1,031	$	939
Accounts receivable – other	164		167
Allowance for credit losses	(10)		(13)
Total accounts receivable, net	$	1,185	$	1,093

Schedule of inventories

Inventories as of December 31, 2025 and 2024 were as follows:


	As of December 31,
	2025		2024
Finished and in process	$	753	$	762
Raw materials	389		346
Manufacturing supplies	85		79
Total inventories	$	1,227	$	1,187

Schedule of PP&E

PP&E, net as of December 31, 2025 and 2024 was as follows:


	As of December 31,
	2025		2024
Land	$	180	$	173
Buildings	877		824
Machinery and equipment	5,196		4,743
Property, plant and equipment, at cost	6,253		5,740
Accumulated depreciation	(3,727)		(3,476)
Total property, plant and equipment, net	$	2,526	$	2,264

Schedule of supplier chain finance program

The rollforward of our outstanding obligations confirmed as valid under our supply chain finance programs as of December 31, 2025 and 2024 were follows:


	2025		2024
Outstanding as of January 1	$	135	$	153
Invoices added during the year	559		480
Invoices paid during the year	(561)		(473)
Currency translation adjustment	15		(25)
Outstanding as of December 31	$	148	$	135

Schedule of accrued liabilities

Accrued liabilities and liabilities held for sale as of December 31, 2025 and 2024 were as follows:


	As of December 31,
	2025		2024
Compensation-related costs	$	123	$	121
Taxes payable and income taxes payable	67		156
Current lease liabilities	63		59
Dividends payable	52		52

Other	270		245
Total accrued liabilities and liabilities held for sale	$	575	$	633

Schedule of other non-current liabilities

Other non-current liabilities as of December 31, 2025 and 2024 were as follows:


	As of December 31,
	2025		2024
Non-current operating lease liabilities	$	118	$	145
Deferred tax liabilities	128		136
Pension and postretirement liabilities	113		96
Other	114		109
Total other non-current liabilities	$	473	$	486

Schedule of quarterly financial data

Earnings per share for each quarter and the year are calculated individually and may not sum to the total for the respective year. Summarized quarterly financial data was as follows:


	1st QTR		2nd QTR		3rd QTR		4th QTR
2025
Net sales	$	1,813	$	1,833	$	1,816	$	1,757
Gross profit	466		477		455		430
Net income attributable to Ingredion	197		196		171		165
Basic earnings per common share of Ingredion	3.05		3.04		2.66		2.59
Diluted earnings per common share of Ingredion	3.00		2.99		2.61		2.56
Per share dividends declared	0.80		0.80		0.82		0.82


	1st QTR		2nd QTR		3rd QTR		4th QTR
2024
Net sales	$	1,882	$	1,878	$	1,870	$	1,800
Gross profit	417		446		479		449
Net income attributable to Ingredion	216		148		188		95
Basic earnings per common share of Ingredion	3.29		2.25		2.88		1.46
Diluted earnings per common share of Ingredion	3.23		2.22		2.83		1.43
Per share dividends declared	0.78		0.78		0.80		0.80

Ingredion Inc 10-K