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Exhibit 11
INGREDION INCORPORATED (“Ingredion”)
Computation of Net Income
Per Share of Common Stock
(All figures are in millions except per share |
| Three Months Ended |
| Nine Months Ended |
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Average shares outstanding — Basic |
| 76.5 |
| 76.5 |
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Effect of dilutive securities: |
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Stock options and other |
| 1.3 |
| 1.4 |
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Average shares outstanding — Assuming dilution |
| 77.8 |
| 77.9 |
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Net income attributable to Ingredion |
| $ | 112.7 |
| $ | 316.0 |
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Net income per share of Ingredion: |
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Basic |
| $ | 1.47 |
| $ | 4.13 |
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Diluted |
| $ | 1.45 |
| $ | 4.06 |
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