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Ingredion Inc. – ‘10-Q’ for 3/31/21 – ‘EX-31.2’

On:  Friday, 5/7/21, at 3:45pm ET   ·   For:  3/31/21   ·   Accession #:  1558370-21-6479   ·   File #:  1-13397

Previous ‘10-Q’:  ‘10-Q’ on 11/6/20 for 9/30/20   ·   Next:  ‘10-Q’ on 8/6/21 for 6/30/21   ·   Latest:  ‘10-Q’ on 11/7/23 for 9/30/23   ·   4 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/07/21  Ingredion Inc.                    10-Q        3/31/21   86:11M                                    Toppan Merrill Bridge/FA

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.25M 
 2: EX-10.2     Material Contract                                   HTML    121K 
 3: EX-10.3     Material Contract                                   HTML    112K 
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     28K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     29K 
 6: EX-32.1     Certification -- §906 - SOA'02                      HTML     24K 
 7: EX-32.2     Certification -- §906 - SOA'02                      HTML     24K 
14: R1          Document and Entity Information                     HTML     75K 
15: R2          Condensed Consolidated Statements of (Loss) Income  HTML     96K 
16: R3          Condensed Consolidated Statements of Comprehensive  HTML     52K 
                (Loss)                                                           
17: R4          Condensed Consolidated Statements of Comprehensive  HTML     27K 
                (Loss) (Parenthetical)                                           
18: R5          Condensed Consolidated Balance Sheet                HTML    130K 
19: R6          Condensed Consolidated Balance Sheet                HTML     42K 
                (Parenthetical)                                                  
20: R7          Condensed Consolidated Statements of Equity         HTML     51K 
21: R8          Condensed Consolidated Statement of Redeemable      HTML     36K 
                Equity                                                           
22: R9          Condensed Consolidated Statements of Cash Flows     HTML     91K 
23: R10         Interim Financial Statements                        HTML     27K 
24: R11         Summary of Significant Accounting Policies          HTML     32K 
25: R12         Acquisitions                                        HTML     45K 
26: R13         Revenue Recognition                                 HTML     52K 
27: R14         Restructuring and Impairment Charges                HTML     63K 
28: R15         Financial Instruments, Derivatives and Hedging      HTML    238K 
                Activities                                                       
29: R16         Debt                                                HTML     57K 
30: R17         Leases                                              HTML     87K 
31: R18         Taxes                                               HTML     29K 
32: R19         Net Periodic Pension and Postretirement Benefit     HTML     71K 
                Costs                                                            
33: R20         Inventories                                         HTML     38K 
34: R21         Equity                                              HTML    427K 
35: R22         Segment Information                                 HTML     93K 
36: R23         Subsequent Events                                   HTML     26K 
37: R24         Acquisitions (Tables)                               HTML     38K 
38: R25         Revenue Recognition (Tables)                        HTML     42K 
39: R26         Restructuring and Impairment Charges (Tables)       HTML     55K 
40: R27         Financial Instruments, Derivatives and Hedging      HTML    253K 
                Activities (Tables)                                              
41: R28         Debt (Tables)                                       HTML     53K 
42: R29         Leases (Tables)                                     HTML     86K 
43: R30         Net Periodic Pension and Postretirement Benefit     HTML     69K 
                Costs (Tables)                                                   
44: R31         Inventories (Tables)                                HTML     38K 
45: R32         Equity (Tables)                                     HTML    426K 
46: R33         Segment Information (Tables)                        HTML     88K 
47: R34         Acquisitions - PureCircle (Details)                 HTML     64K 
48: R35         Acquisitions - Verdient (Details)                   HTML     39K 
49: R36         Acquisitions - Integration costs (Details)          HTML     26K 
50: R37         Revenue Recognition (Details)                       HTML     41K 
51: R38         Restructuring and Impairment Charges - Charges      HTML     37K 
                (Details)                                                        
52: R39         Restructuring and Impairment Charges - Impairment   HTML     44K 
                Charges (Details)                                                
53: R40         Restructuring and Impairment Charges - Assets and   HTML     80K 
                liabilities classified as held-for-sale (Details)                
54: R41         Restructuring and Impairment Charges - Other        HTML     56K 
                Charges (Details)                                                
55: R42         Restructuring and Impairment Charges -              HTML     35K 
                Employee-related severance (Details)                             
56: R43         Financial Instruments, Derivatives and Hedging      HTML     36K 
                Activities - Commodity price hedging (Details)                   
57: R44         Financial Instruments, Derivatives and Hedging      HTML     35K 
                Activities - Foreign currency hedging (Details)                  
58: R45         Financial Instruments, Derivatives and Hedging      HTML     31K 
                Activities - Interest rate hedging (Details)                     
59: R46         Financial Instruments, Derivatives and Hedging      HTML     39K 
                Activities - CF Hedges in AOCI (Details)                         
60: R47         Financial Instruments, Derivatives and Hedging      HTML     71K 
                Activities - Balance Sheet Location (Details)                    
61: R48         Financial Instruments, Derivatives and Hedging      HTML     41K 
                Activities - Additional information - CF hedges                  
                (Details)                                                        
62: R49         Financial Instruments, Derivatives and Hedging      HTML     35K 
                Activities - Gain (Losses) Recognized in Income                  
                (Details)                                                        
63: R50         Financial Instruments, Derivatives and Hedging      HTML     44K 
                Activities - FV (Details)                                        
64: R51         Debt - Components (Details)                         HTML     54K 
65: R52         Leases - Lease costs (Details)                      HTML     35K 
66: R53         Leases - Operating lease reconciliation (Details)   HTML     48K 
67: R54         Leases - Other Information (Details)                HTML     32K 
68: R55         Taxes - Effective tax rate (Details)                HTML     28K 
69: R56         Net Periodic Pension and Postretirement Benefit     HTML     61K 
                Costs (Details)                                                  
70: R57         Inventories (Details)                               HTML     32K 
71: R58         Equity - Treasury stock (Details)                   HTML     34K 
72: R59         Equity - Share-based payments (Details)             HTML     37K 
73: R60         Equity - Stock options (Details)                    HTML     97K 
74: R61         Equity - Restricted stock units (Details)           HTML     65K 
75: R62         Equity - Performance shares (Details)               HTML     76K 
76: R63         Equity - AOCL (Details)                             HTML     50K 
77: R64         Equity - Statements of Equity with dividends per    HTML     61K 
                share (Details)                                                  
78: R65         Equity - Statements of Redeemable Equity (Details)  HTML     35K 
79: R66         Equity - EPS (Details)                              HTML     58K 
80: R67         Segment Information - Net sales (Details)           HTML     57K 
81: R68         Segment Information - Assets (Details)              HTML     35K 
82: R69         Subsequent Events (Details)                         HTML     32K 
84: XML         IDEA XML File -- Filing Summary                      XML    151K 
13: XML         XBRL Instance -- ingr-20210331x10q_htm               XML   3.12M 
83: EXCEL       IDEA Workbook of Financial Reports                  XLSX     93K 
 9: EX-101.CAL  XBRL Calculations -- ingr-20210331_cal               XML    193K 
10: EX-101.DEF  XBRL Definitions -- ingr-20210331_def                XML    668K 
11: EX-101.LAB  XBRL Labels -- ingr-20210331_lab                     XML   1.43M 
12: EX-101.PRE  XBRL Presentations -- ingr-20210331_pre              XML   1.09M 
 8: EX-101.SCH  XBRL Schema -- ingr-20210331                         XSD    171K 
85: JSON        XBRL Instance as JSON Data -- MetaLinks              415±   614K 
86: ZIP         XBRL Zipped Folder -- 0001558370-21-006479-xbrl      Zip    305K 


‘EX-31.2’   —   Certification — §302 – SOA’02


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



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EXHIBIT 31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER

I, James D. Gray, certify that:

1.I have reviewed this quarterly report on Form 10-Q of Ingredion Incorporated;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

6

Date:  May 7, 2021

/s/ James D. Gray

James D. Gray

Executive Vice President and Chief Financial Officer



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:5/7/214
For Period end:3/31/214
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/21/23  Ingredion Inc.                    10-K       12/31/22  141:70M
 2/22/22  Ingredion Inc.                    10-K       12/31/21  131:21M                                    Toppan Merrill Bridge/FA
 5/27/21  Ingredion Inc.                    S-8         5/27/21    3:76K                                    Donnelley … Solutions/FA


1 Previous Filing that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/18/21  Ingredion Inc.                    8-K:1,9     3/16/21   11:683K                                   Donnelley … Solutions/FA
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Filing Submission 0001558370-21-006479   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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