International flavors & fragrances inc (IFFT)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Current Assets:
Cash and cash equivalents

433

606

494

426

483

634

5,274

322

305

368

316

491

300

323

498

539

528

181

272

377

443

478

404

326

268

405

343

365

300

324

97

104

76

88

107

123

111

131

114

110

80

Restricted cash

9

17

9

28

13

13

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables:
Allowance for doubtful accounts

-

-

-

-

-

9

-

-

-

13

-

-

-

9

-

-

-

8

-

-

-

9

-

-

-

10

-

-

-

9

-

-

-

5

3

5

6

6

7

8

10

Trade receivables (net of allowances of $18,728 and $16,428, respectively)

943

876

942

1,046

1,003

946

701

723

734

677

691

665

637

560

587

621

609

546

569

566

525

502

562

583

574

534

553

541

527

508

534

516

521

478

522

551

526

458

519

484

454

Inventories:
Raw materials

553

565

570

615

586

-

372

353

346

-

303

309

306

-

279

273

292

-

284

268

258

-

264

257

250

-

239

239

243

-

263

259

271

-

250

284

286

-

267

237

-

Work in process

48

44

52

54

52

-

26

23

22

-

15

17

18

-

16

19

15

-

19

19

19

-

17

17

16

-

9

8

9

-

6

8

7

-

9

8

9

-

8

9

-

Finished goods

474

513

503

493

476

-

320

318

318

-

300

296

279

-

289

291

291

-

285

274

257

-

274

279

285

-

271

264

262

-

277

271

275

-

275

274

263

-

227

208

-

Total Inventories

1,075

1,123

1,126

1,163

1,114

1,078

719

695

687

649

619

623

604

592

585

584

600

572

589

561

536

568

556

554

552

533

520

512

515

540

547

539

555

544

534

568

559

531

503

454

444

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

14

17

27

23

30

30

40

60

57

52

65

55

54

54

54

48

54

58

74

74

66

55

Prepaid expenses and other current assets

356

319

325

325

310

277

251

285

242

215

222

213

169

142

186

183

152

145

194

201

232

141

165

148

144

148

155

156

138

142

153

149

137

158

173

147

137

136

122

115

103

Total Current Assets

2,818

2,942

2,898

2,990

2,925

2,941

6,946

2,026

1,970

1,896

1,849

1,993

1,711

1,609

1,857

1,929

1,891

1,437

1,638

1,722

1,755

1,710

1,712

1,644

1,569

1,652

1,633

1,633

1,534

1,572

1,388

1,364

1,345

1,317

1,383

1,439

1,387

1,325

1,328

1,223

1,128

Property, plant and equipment, at cost

2,632

2,690

2,616

2,631

2,581

-

2,124

2,098

2,139

-

2,073

2,022

1,975

-

1,876

1,850

1,839

-

1,779

1,778

1,713

-

1,796

1,814

1,805

-

1,579

1,545

1,524

-

1,495

1,446

1,463

-

1,383

1,398

1,372

-

1,323

1,234

-

Accumulated depreciation

1,293

1,303

1,302

1,315

1,287

-

1,250

1,230

1,251

-

1,244

1,211

1,183

-

1,131

1,113

1,105

-

1,070

1,063

1,021

-

1,095

1,115

1,109

-

922

894

879

-

875

842

851

-

819

834

821

-

818

752

-

Property, Plant and Equipment, Net

1,339

1,386

1,313

1,316

1,294

1,241

874

867

887

880

828

811

791

775

745

737

733

732

708

714

692

720

700

698

696

687

656

651

644

654

619

604

611

608

563

564

551

538

505

482

501

Goodwill

5,267

5,497

5,381

5,506

5,434

5,378

1,152

1,148

1,166

1,156

1,153

1,145

1,120

1,000

941

940

951

941

932

752

675

675

675

675

676

10

665

665

665

665

665

665

665

665

665

665

665

665

665

665

665

Finite-Lived Intangible Assets, Net

2,677

2,851

2,829

2,944

2,974

3,039

385

391

414

415

424

426

390

365

284

288

302

306

323

156

74

76

78

80

83

30

32

33

35

36

38

39

41

42

44

45

47

48

50

51

54

Deferred income taxes

-

-

-

-

-

-

87

82

88

-

158

150

148

138

148

139

160

166

179

175

178

183

160

151

154

154

160

154

155

157

157

161

165

152

119

115

120

122

140

136

129

Other assets

586

608

561

590

583

288

167

157

155

249

106

91

89

127

120

119

122

118

129

132

130

129

148

150

141

140

175

169

164

159

189

190

184

179

177

178

174

171

174

167

165

Total Assets

12,689

13,287

12,984

13,348

13,211

12,889

9,615

4,673

4,681

4,598

4,520

4,618

4,252

4,016

4,097

4,154

4,162

3,702

3,911

3,653

3,507

3,494

3,476

3,400

3,321

3,331

3,324

3,308

3,200

3,246

3,059

3,025

3,013

2,965

2,953

3,008

2,946

2,872

2,864

2,726

2,644

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Bank borrowings, overdrafts, and current portion of long-term debt

385

384

384

84

84

48

45

6

36

6

7

257

258

258

257

133

133

132

133

8

8

8

9

3

2

0

0

100

100

150

226

87

92

116

154

216

185

133

137

48

76

Commercial paper

-

-

-

-

-

-

-

-

-

-

39

-

107

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

456

510

416

463

476

471

312

315

324

338

271

265

277

274

259

255

276

285

254

241

215

216

207

195

208

226

176

176

159

199

160

169

189

208

180

166

185

200

169

155

161

Accrued payroll and bonus

87

102

111

93

91

-

75

59

51

-

74

53

43

-

59

49

39

-

55

47

41

-

66

52

46

-

84

55

37

-

61

43

36

-

47

44

40

-

84

59

-

Accrued taxes on income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

29

-

Dividends payable

80

80

80

77

77

77

66

54

54

54

54

50

50

50

50

44

44

44

44

38

37

38

37

31

31

31

31

27

27

0

27

25

25

25

29

21

21

21

21

19

19

Restructuring and other charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

2

-

2

3

1

3

4

5

8

10

1

1

2

3

5

19

18

Other current liabilities

418

474

419

429

414

530

257

263

250

369

248

232

248

314

228

205

217

262

199

187

183

256

194

184

193

301

214

203

214

277

172

176

168

203

161

178

198

301

181

163

207

Total Current Liabilities

1,426

1,552

1,412

1,149

1,144

1,128

758

699

716

768

696

861

985

898

855

688

712

725

687

523

487

518

516

468

484

560

509

566

540

629

652

507

520

564

575

628

633

660

643

495

484

Other Liabilities:
Long-term debt

3,946

3,997

4,008

4,428

4,421

4,504

4,331

1,717

1,676

1,632

1,625

1,636

1,186

1,066

1,110

1,357

1,369

935

1,057

989

935

934

933

932

931

932

933

932

915

881

676

777

777

778

757

767

786

787

810

934

934

Deferred gains

-

-

-

-

-

-

33

35

36

37

37

38

39

39

40

41

42

43

44

45

45

46

47

47

40

41

42

42

43

44

45

46

47

47

48

49

50

50

51

52

54

Retirement liabilities

261

265

217

222

225

227

218

226

226

228

241

251

250

243

244

244

243

242

354

353

353

354

218

238

238

238

297

297

297

327

315

314

315

315

223

223

222

221

242

241

240

Deferred income taxes

616

641

634

707

658

655

-

-

-

51

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

494

502

530

514

492

248

235

238

245

191

156

151

158

137

147

144

157

160

171

115

113

118

116

110

105

92

102

94

92

110

118

153

151

151

150

150

149

147

164

154

157

Total Other Liabilities

5,318

5,406

5,390

5,873

5,798

5,635

4,819

2,217

2,185

2,140

2,061

2,077

1,634

1,487

1,543

1,788

1,814

1,381

1,628

1,503

1,447

1,453

1,316

1,329

1,315

1,304

1,375

1,367

1,349

1,363

1,156

1,291

1,291

1,293

1,179

1,191

1,209

1,208

1,269

1,383

1,388

Commitments and Contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

Redeemable noncontrolling interests

102

99

114

115

114

81

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shareholders' Equity:
Common stock 12 1/2¢ par value; 500,000,000 shares authorized; 128,526,137 shares issued as of March 31, 2020 and December 31, 2019; and 106,812,257 and 106,787,299 shares outstanding as of March 31, 2020 and December 31, 2019, respectively

16

16

16

16

16

16

16

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

Capital in excess of par value

3,835

3,823

3,816

3,805

3,802

3,793

2,441

167

166

162

155

148

155

152

146

140

143

140

136

133

135

140

136

131

131

131

126

127

125

127

126

119

129

128

125

123

125

123

106

100

110

Retained earnings

4,162

4,117

4,114

4,069

4,011

3,956

4,021

3,992

3,947

3,870

3,965

3,909

3,850

3,818

3,789

3,750

3,678

3,604

3,569

3,508

3,441

3,350

3,298

3,229

3,150

3,075

3,045

2,978

2,904

2,841

2,800

2,812

2,748

2,692

2,693

2,636

2,582

2,519

2,485

2,430

2,339

Accumulated other comprehensive loss:
Cumulative translation adjustments

-

-

-

-

-

-396

-

-

-

-297

-

-

-

-352

-

-

-

-297

-

-

-

-173

-

-

-

-104

-

-

-

-93

-

-

-

-111

-

-

-

-74

-

-

-68

Accumulated gains on derivatives qualifying as hedges

-

-

-

-

-

4

-

-

-

-10

-

-

-

7

-

-

-

9

-

-

-

12

-

-

-

-4

-

-

-

-0

-

-

-

4

-

-

-

-4

-

-

-2

Pension and postretirement liability adjustment

-

-

-

-

-

309

-

-

-

329

-

-

-

335

-

-

-

325

-

-

-

379

-

-

-

284

-

-

-

309

-

-

-

268

-

-

-

196

-

-

199

Accumulated other comprehensive loss

-1,164

-716

-867

-668

-657

-

-715

-692

-620

-

-656

-676

-681

-

-611

-608

-606

-

-611

-556

-573

-

-399

-383

-397

-

-403

-412

-398

-

-361

-388

-342

-

-280

-230

-245

-

-265

-303

-

Stockholders' equity before treasury stock and noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,382

-

-

2,193

Treasury stock, at cost (21,713,880 and 21,738,838 shares as of March 31, 2020 and December 31, 2019, respectively)

1,021

1,022

1,023

1,023

1,029

1,030

1,731

1,732

1,735

1,726

1,721

1,721

1,713

1,679

1,644

1,623

1,598

1,555

1,517

1,476

1,450

1,446

1,410

1,393

1,383

1,365

1,346

1,338

1,339

1,330

1,333

1,335

1,352

1,356

1,357

1,359

1,377

1,383

1,394

1,396

1,424

Stockholders' Equity Attributable to Parent

5,827

6,217

6,055

6,199

6,143

6,032

4,031

1,749

1,773

1,684

1,757

1,674

1,626

1,626

1,693

1,673

1,630

1,590

1,591

1,623

1,567

1,518

1,639

1,598

1,516

1,463

1,435

1,369

1,306

1,248

1,247

1,223

1,197

1,104

1,195

1,184

1,098

999

947

844

769

Stockholders' Equity Attributable to Noncontrolling Interest

12

12

11

10

11

10

6

6

5

5

5

5

5

4

4

4

5

4

4

3

4

4

4

3

4

3

3

4

4

3

3

3

3

2

3

4

4

3

3

3

2

Total Shareholders’ Equity including Noncontrolling interest

5,840

6,229

6,066

6,209

6,154

6,043

4,037

1,756

1,778

1,689

1,762

1,680

1,631

1,631

1,698

1,677

1,635

1,594

1,596

1,626

1,572

1,522

1,643

1,601

1,520

1,467

1,439

1,374

1,310

1,252

1,250

1,226

1,201

1,107

1,198

1,188

1,102

1,003

950

848

771

Total Liabilities and Shareholders’ Equity

12,689

13,287

12,984

13,348

13,211

12,889

9,615

4,673

4,681

4,598

4,520

4,618

4,252

4,016

4,097

4,154

4,162

3,702

3,911

3,653

3,507

3,494

3,476

3,400

3,321

3,331

3,324

3,308

3,200

3,246

3,059

3,025

3,013

2,965

2,953

3,008

2,946

2,872

2,864

2,726

2,644