2022 Q2 Form 10-Q Financial Statement
#000155837022007571 Filed on May 06, 2022
Income Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
Revenue | $2.044B | $1.892B | $1.755B |
YoY Change | 16.0% | 17.22% | 10.17% |
Cost Of Revenue | $1.654B | $1.513B | $1.465B |
YoY Change | 18.57% | 19.79% | 18.05% |
Gross Profit | $390.0M | $379.0M | $290.0M |
YoY Change | 6.27% | 7.98% | -17.61% |
Gross Profit Margin | 19.08% | 20.03% | 16.52% |
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $54.00M | $53.00M | $65.00M |
YoY Change | 5.88% | 1.92% | 18.18% |
% of Gross Profit | 13.85% | 13.98% | 22.41% |
Operating Expenses | $175.0M | $167.0M | $179.0M |
YoY Change | 24.11% | 10.6% | 30.66% |
Operating Profit | $215.0M | $210.0M | $111.0M |
YoY Change | -3.15% | -223.53% | -48.37% |
Interest Expense | -$17.00M | -$24.00M | -$16.00M |
YoY Change | -10.53% | 26.32% | -27.27% |
% of Operating Profit | -7.91% | -11.43% | -14.41% |
Other Income/Expense, Net | $0.00 | $1.000M | $8.000M |
YoY Change | -100.0% | 0.0% | 300.0% |
Pretax Income | $196.0M | $187.0M | $78.00M |
YoY Change | -4.39% | -199.47% | -45.45% |
Income Tax | $51.00M | $54.00M | $10.00M |
% Of Pretax Income | 26.02% | 28.88% | 12.82% |
Net Earnings | $142.0M | $130.0M | $67.00M |
YoY Change | -20.22% | -152.85% | -41.74% |
Net Earnings / Revenue | 6.95% | 6.87% | 3.82% |
Basic Earnings Per Share | $2.14 | $1.94 | $1.00 |
Diluted Earnings Per Share | $2.116M | $1.92 | $0.99 |
COMMON SHARES | |||
Basic Shares Outstanding | 66.22M | 66.90M | 66.54M |
Diluted Shares Outstanding | 67.10M shares | 67.60M |
Balance Sheet
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $322.0M | $329.0M | $340.0M |
YoY Change | -41.35% | -42.98% | -49.7% |
Cash & Equivalents | $318.0M | $324.0M | $328.0M |
Short-Term Investments | $4.000M | $5.000M | $12.00M |
Other Short-Term Assets | $56.00M | $63.00M | $63.00M |
YoY Change | -20.0% | -8.7% | 16.67% |
Inventory | $1.403B | $1.306B | $1.172B |
Prepaid Expenses | $63.00M | $63.00M | |
Receivables | $1.396B | $1.431B | $1.130B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $3.177B | $3.129B | $2.697B |
YoY Change | 12.94% | 19.89% | 1.89% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.375B | $2.446B | $2.423B |
YoY Change | -0.46% | 3.86% | -1.3% |
Goodwill | $914.0M | ||
YoY Change | 1.33% | ||
Intangibles | $434.0M | ||
YoY Change | -2.25% | ||
Long-Term Investments | $106.0M | $104.0M | |
YoY Change | 940.0% | ||
Other Assets | $524.0M | $521.0M | $531.0M |
YoY Change | 54.57% | 76.01% | 29.51% |
Total Long-Term Assets | $4.212B | $4.306B | $4.302B |
YoY Change | -1.7% | 2.69% | 2.16% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.177B | $3.129B | $2.697B |
Total Long-Term Assets | $4.212B | $4.306B | $4.302B |
Total Assets | $7.389B | $7.435B | $6.999B |
YoY Change | 4.1% | 9.29% | 2.06% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.193B | $1.207B | $774.0M |
YoY Change | 21.24% | 29.51% | 29.22% |
Accrued Expenses | $430.0M | ||
YoY Change | 2.14% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $652.0M | $514.0M | $308.0M |
YoY Change | 805.56% | 655.88% | 431.03% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.845B | $1.721B | $1.512B |
YoY Change | 67.57% | 24.71% | 3.7% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.739B | $1.739B | $1.738B |
YoY Change | -18.32% | -0.57% | -0.57% |
Other Long-Term Liabilities | $574.0M | $592.0M | $82.00M |
YoY Change | 155.11% | 170.32% | -6.82% |
Total Long-Term Liabilities | $2.313B | $1.739B | $1.820B |
YoY Change | -1.74% | -11.64% | -0.87% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.845B | $1.721B | $1.512B |
Total Long-Term Liabilities | $2.313B | $1.739B | $1.820B |
Total Liabilities | $4.243B | $4.021B | $3.774B |
YoY Change | 2.09% | -0.69% | -0.32% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $3.986B | $3.899B | |
YoY Change | 8.7% | -1.47% | |
Common Stock | $1.161B | $1.159B | |
YoY Change | 0.43% | 0.7% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $3.146B | $3.293B | $3.100B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.389B | $7.435B | $6.999B |
YoY Change | 4.1% | 9.29% | 2.06% |
Cashflow Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $142.0M | $130.0M | $67.00M |
YoY Change | -20.22% | -152.85% | -41.74% |
Depreciation, Depletion And Amortization | $54.00M | $53.00M | $65.00M |
YoY Change | 5.88% | 1.92% | 18.18% |
Cash From Operating Activities | $48.00M | -$52.00M | $133.0M |
YoY Change | -55.14% | -336.36% | -50.19% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$59.00M | $85.00M | -$114.0M |
YoY Change | 51.28% | 30.77% | 26.67% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$1.000M | -$4.000M | $17.00M |
YoY Change | -98.15% | -500.0% | -180.95% |
Cash From Investing Activities | -$60.00M | -$76.00M | -$97.00M |
YoY Change | -35.48% | 18.75% | -12.61% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $43.00M | ||
YoY Change | 0.0% | ||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 26.00M | 119.0M | -137.0M |
YoY Change | -148.15% | -397.5% | 132.2% |
NET CHANGE | |||
Cash From Operating Activities | 48.00M | -52.00M | 133.0M |
Cash From Investing Activities | -60.00M | -76.00M | -97.00M |
Cash From Financing Activities | 26.00M | 119.0M | -137.0M |
Net Change In Cash | 14.00M | -4.000M | -101.0M |
YoY Change | -135.0% | -95.51% | -204.12% |
FREE CASH FLOW | |||
Cash From Operating Activities | $48.00M | -$52.00M | $133.0M |
Capital Expenditures | -$59.00M | $85.00M | -$114.0M |
Free Cash Flow | $107.0M | -$137.0M | $247.0M |
YoY Change | -26.71% | 218.6% | -30.81% |
Facts In Submission
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Preferred Stock Value
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25000000 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | |
CY2022Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2022Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | |
CY2022Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
77810875 | |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
77810875 | |
CY2022Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1000000 | |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1000000 | |
CY2022Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1160000000 | |
CY2021Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1158000000 | |
CY2022Q1 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
11464034 | |
CY2021Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
11154203 | |
CY2022Q1 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
1091000000 | |
CY2021Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
1061000000 | |
CY2022Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-763000000 | |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-897000000 | |
CY2022Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
3986000000 | |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
3899000000 | |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3293000000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3100000000 | |
CY2022Q1 | us-gaap |
Nonredeemable Noncontrolling Interest
NonredeemableNoncontrollingInterest
|
19000000 | |
CY2021Q4 | us-gaap |
Nonredeemable Noncontrolling Interest
NonredeemableNoncontrollingInterest
|
18000000 | |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3312000000 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3118000000 | |
CY2022Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7435000000 | |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6999000000 | |
CY2021Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
36000000 | |
CY2021Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
71000000 | |
CY2022Q1 | ingr |
Temporary Equity Share Based Compensation Net Of Issuance
TemporaryEquityShareBasedCompensationNetOfIssuance
|
-5000000 | |
CY2022Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
31000000 | |
CY2022Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
71000000 | |
CY2020Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
30000000 | |
CY2020Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
70000000 | |
CY2021Q1 | us-gaap |
Temporary Equity Net Income
TemporaryEquityNetIncome
|
-1000000 | |
CY2021Q1 | ingr |
Temporary Equity Share Based Compensation Net Of Issuance
TemporaryEquityShareBasedCompensationNetOfIssuance
|
-9000000 | |
CY2021Q1 | ingr |
Temporary Equity Other Comprehensive Income
TemporaryEquityOtherComprehensiveIncome
|
1000000 | |
CY2021Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
21000000 | |
CY2021Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
70000000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
133000000 | |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-243000000 | |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
53000000 | |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
52000000 | |
CY2022Q1 | ingr |
Mechanical Stores Expense
MechanicalStoresExpense
|
13000000 | |
CY2021Q1 | ingr |
Mechanical Stores Expense
MechanicalStoresExpense
|
14000000 | |
CY2021Q1 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
360000000 | |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
3000000 | |
CY2021Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-4000000 | |
CY2022Q1 | ingr |
Other Non Cash Charges Credits To Net Income
OtherNonCashChargesCreditsToNetIncome
|
15000000 | |
CY2021Q1 | ingr |
Other Non Cash Charges Credits To Net Income
OtherNonCashChargesCreditsToNetIncome
|
7000000 | |
CY2022Q1 | ingr |
Increase Decrease In Accounts Receivable And Prepaid Expense
IncreaseDecreaseInAccountsReceivableAndPrepaidExpense
|
126000000 | |
CY2021Q1 | ingr |
Increase Decrease In Accounts Receivable And Prepaid Expense
IncreaseDecreaseInAccountsReceivableAndPrepaidExpense
|
56000000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
119000000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
69000000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-45000000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-5000000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
|
-28000000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
|
16000000 | |
CY2022Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-7000000 | |
CY2021Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-18000000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-52000000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
22000000 | |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
85000000 | |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
65000000 | |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
5000000 | |
CY2021Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2000000 | |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-4000000 | |
CY2021Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1000000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-76000000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-64000000 | |
CY2022Q1 | ingr |
Proceeds From Borrowings
ProceedsFromBorrowings
|
147000000 | |
CY2021Q1 | ingr |
Proceeds From Borrowings
ProceedsFromBorrowings
|
46000000 | |
CY2022Q1 | ingr |
Payments On Debt
PaymentsOnDebt
|
123000000 | |
CY2021Q1 | ingr |
Payments On Debt
PaymentsOnDebt
|
36000000 | |
CY2022Q1 | us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
178000000 | |
CY2022Q1 | us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
-39000000 | |
CY2021Q1 | us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
-14000000 | |
CY2022Q1 | ingr |
Proceeds From Payments Of Issuance Of Shares Under Incentive And Share Based Compensation Plans Net Of Settlements
ProceedsFromPaymentsOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansNetOfSettlements
|
-1000000 | |
CY2021Q1 | ingr |
Proceeds From Payments Of Issuance Of Shares Under Incentive And Share Based Compensation Plans Net Of Settlements
ProceedsFromPaymentsOfIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansNetOfSettlements
|
7000000 | |
CY2022Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
43000000 | |
CY2021Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
43000000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
119000000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-40000000 | |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5000000 | |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-7000000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-4000000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-89000000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
328000000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
665000000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
324000000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
576000000 | |
CY2021Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
12000000 | |
CY2022Q1 | us-gaap |
Investments
Investments
|
130000000 | |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1000000 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
88.66 | |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
36000 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
57.65 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
13000 | |
CY2022Q1 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
19000000 | |
CY2021Q4 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
16000000 | |
CY2022Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
106000000 | |
CY2021Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
104000000 | |
CY2022Q1 | us-gaap |
Marketable Securities
MarketableSecurities
|
5000000 | |
CY2021Q4 | us-gaap |
Investments
Investments
|
132000000 | |
CY2021 | ingr |
Equity Method Investment Transaction Cost
EquityMethodInvestmentTransactionCost
|
6000000 | |
CY2022Q1 | us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
2000000 | |
CY2021Q1 | us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
370000000 | |
CY2021Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
360000000 | |
CY2021Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
10000000 | |
CY2022Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2000000 | |
CY2021Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
10000000 | |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
6000000 | |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
5000000 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
281000 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
358000 | |
CY2021Q1 | ingr |
Temporary Equity Other Comprehensive Income
TemporaryEquityOtherComprehensiveIncome
|
1000000 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
117.27 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2386000 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
90.54 | |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y8M8D | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
12000000 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1805000 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
91.34 | |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y6M21D | |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
12000000 | |
CY2022Q1 | us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
142000000 | |
CY2022Q1 | ingr |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months Tax
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsTax
|
50000000 | |
CY2020Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
70000000 | |
CY2021Q1 | us-gaap |
Temporary Equity Net Income
TemporaryEquityNetIncome
|
-1000000 | |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.64 | |
CY2021Q1 | ingr |
Temporary Equity Share Based Compensation Net Of Issuance
TemporaryEquityShareBasedCompensationNetOfIssuance
|
-9000000 | |
CY2022Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1739000000 | |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1738000000 | |
CY2022Q1 | us-gaap |
Debt Current
DebtCurrent
|
514000000 | |
CY2021Q4 | us-gaap |
Debt Current
DebtCurrent
|
308000000 | |
CY2022Q1 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
2253000000 | |
CY2021Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
2046000000 | |
CY2022Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2000000 | |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1300000 | |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2100000 | |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-170000000 | |
CY2022Q1 | us-gaap |
Assets
Assets
|
7435000000 | |
CY2021Q4 | us-gaap |
Assets
Assets
|
6999000000 | |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7000000 | |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5000000 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2154000 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
90.39 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y3M3D | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
26000000 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
281000 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
15.04 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
12.31 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
1000000 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
5000000 | |
CY2021Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
36000000 | |
CY2021Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
71000000 | |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.65 | |
CY2022Q1 | ingr |
Temporary Equity Share Based Compensation Net Of Issuance
TemporaryEquityShareBasedCompensationNetOfIssuance
|
-5000000 | |
CY2022Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
31000000 | |
CY2022Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
71000000 | |
CY2020Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
30000000 | |
CY2021Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
21000000 | |
CY2021Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
70000000 | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
130000000 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66900000 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.94 | |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-246000000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
67300000 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.66 | |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
700000 | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
130000000 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
67600000 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.92 | |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-246000000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
67300000 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.66 | |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1892000000 | |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1614000000 | |
CY2022Q1 | ingr |
Operating Income Loss Before Other Charges
OperatingIncomeLossBeforeOtherCharges
|
213000000 | |
CY2021Q1 | ingr |
Operating Income Loss Before Other Charges
OperatingIncomeLossBeforeOtherCharges
|
201000000 | |
CY2022Q1 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
1000000 | |
CY2021Q1 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
1000000 | |
CY2022Q1 | ingr |
Restructuring Settlement And Impairment Provisions Excluding Impairment Of Long Lived Assets To Be Disposed Of
RestructuringSettlementAndImpairmentProvisionsExcludingImpairmentOfLongLivedAssetsToBeDisposedOf
|
2000000 | |
CY2021Q1 | ingr |
Restructuring Settlement And Impairment Provisions Excluding Impairment Of Long Lived Assets To Be Disposed Of
RestructuringSettlementAndImpairmentProvisionsExcludingImpairmentOfLongLivedAssetsToBeDisposedOf
|
10000000 | |
CY2021Q1 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
360000000 | |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
210000000 | |
CY2022Q1 | ingr |
Accounts Receivable Trade Current
AccountsReceivableTradeCurrent
|
1122000000 | |
CY2021Q4 | ingr |
Accounts Receivable Trade Current
AccountsReceivableTradeCurrent
|
950000000 | |
CY2022Q1 | ingr |
Accounts Receivable Other Current
AccountsReceivableOtherCurrent
|
324000000 | |
CY2021Q4 | ingr |
Accounts Receivable Other Current
AccountsReceivableOtherCurrent
|
193000000 | |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
15000000 | |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
13000000 | |
CY2022Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1431000000 | |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1130000000 | |
CY2022Q1 | us-gaap |
Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
|
762000000 | |
CY2021Q4 | us-gaap |
Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
|
688000000 | |
CY2022Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
428000000 | |
CY2021Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
380000000 | |
CY2022Q1 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
116000000 | |
CY2021Q4 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
104000000 | |
CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
1306000000 | |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
1172000000 |