Condensed Consolidated Balance Sheet - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 1,047	$ 264
Short-term investments	1	4
Accounts receivable, net	861	977
Inventories	859	861
Prepaid expenses	52	54
Total current assets	2,820	2,160
Property, plant and equipment, net of accumulated depreciation of $3,039 and $3,056, respectively	2,231	2,306
Goodwill	791	801
Other intangible assets, net of accumulated amortization of $210 and $197, respectively	421	437
Operating lease assets	149	151
Deferred income tax assets	17	13
Other assets	182	172
Total assets	6,611	6,040
Current liabilities:
Short-term borrowings	470	82
Accounts payable and accrued liabilities	812	885
Total current liabilities	1,282	967
Non-current liabilities	209	220
Long-term debt	2,140	1,766
Non-current operating lease liabilities	115	120
Deferred income tax liabilities	172	195
Share-based payments subject to redemption	27	31
Ingredion stockholders' equity:
Preferred stock - authorized 25,000,000 shares - $0.01 par value, none issued
Common stock - authorized 200,000,000 shares - $0.01 par value, 77,810,875 issued at June 30, 2020 and December 31, 2019, respectively	1	1
Additional paid-in capital	1,143	1,137
Less: Treasury stock (common stock: 10,825,142 and 10,993,388 shares at June 30, 2020 and December 31, 2019, respectively) at cost	(1,027)	(1,040)
Accumulated other comprehensive loss	(1,307)	(1,158)
Retained earnings	3,836	3,780
Total Ingredion stockholders' equity	2,646	2,720
Non-controlling interests	20	21
Total equity	2,666	2,741
Total liabilities and equity	$ 6,611	$ 6,040