Annual Report — Form 10-K Filing Table of Contents
Document/ExhibitDescriptionPagesSize
1: 10-K Annual Report HTML 2.38M
2: EX-10.18 Material Contract HTML 44K
3: EX-10.22 Material Contract HTML 46K
4: EX-21 Subsidiaries List HTML 119K
5: EX-23 Consent of Expert or Counsel HTML 41K
6: EX-31.1 Certification -- §302 - SOA'02 HTML 45K
7: EX-31.2 Certification -- §302 - SOA'02 HTML 45K
8: EX-32 Certification -- §906 - SOA'02 HTML 42K
15: R1 Cover Page HTML 118K
16: R2 Consolidated Statement of Income and Comprehensive HTML 111K
Income
17: R3 Consolidated Balance Sheet HTML 141K
18: R4 Consolidated Balance Sheet (Parenthetical) HTML 50K
19: R5 Consolidated Statement of Cash Flows HTML 154K
20: R6 Consolidated Statement of Shareholders Equity HTML 144K
21: R7 Consolidated Statement of Shareholders Equity HTML 48K
(Parenthetical)
22: R8 Nature of Operations and Summary of Significant HTML 104K
Accounting Policies
23: R9 Restructuring and Other Charges HTML 127K
24: R10 Acquisitions (Notes) HTML 52K
25: R11 Property, Plant and Equipment, Net HTML 54K
26: R12 Goodwill and Other Intangible Assets, Net HTML 90K
27: R13 Other Assets And Liabilities, Current and HTML 76K
Noncurrent
28: R14 Debt HTML 108K
29: R15 Tangible Equity Units HTML 65K
30: R16 Leases (Notes) HTML 107K
31: R17 Income Taxes HTML 133K
32: R18 Revenue Recognition (Notes) HTML 81K
33: R19 Net Income Per Share HTML 64K
34: R20 Shareholders' Equity HTML 65K
35: R21 Stock Compensation Plans HTML 116K
36: R22 Segment Information HTML 150K
37: R23 Employee Benefits HTML 420K
38: R24 Financial Instruments HTML 149K
39: R25 Accumulated Other Comprehensive Income (Loss) HTML 129K
40: R26 Concentrations of Credit Risk HTML 43K
41: R27 Commitments and Contingencies HTML 68K
42: R28 Schedule II - Valuation and Qualifying Accounts HTML 79K
and Reserves
43: R29 Redeemable Noncontrolling Interests HTML 57K
44: R30 Subsequent Events (Notes) HTML 42K
45: R31 Nature of Operations and Summary of Significant HTML 142K
Accounting Policies (Policies)
46: R32 Nature of Operations and Summary of Significant HTML 62K
Accounting Policies (Tables)
47: R33 Restructuring and Other Charges (Tables) HTML 122K
48: R34 Property, Plant and Equipment, Net (Tables) HTML 54K
49: R35 Goodwill and Other Intangible Assets, Net (Tables) HTML 90K
50: R36 Other Assets And Liabilities, Current and HTML 76K
Noncurrent (Tables)
51: R37 Debt (Tables) HTML 90K
52: R38 Tangible Equity Units (Tables) HTML 57K
53: R39 Leases (Tables) HTML 109K
54: R40 Income Taxes (Tables) HTML 135K
55: R41 Revenue Recognition (Tables) HTML 68K
56: R42 Net Income Per Share (Tables) HTML 63K
57: R43 Shareholders' Equity (Tables) HTML 47K
58: R44 Stock Compensation Plans (Tables) HTML 124K
59: R45 Segment Information (Tables) HTML 138K
60: R46 Employee Benefits (Tables) HTML 435K
61: R47 Financial Instruments (Tables) HTML 148K
62: R48 Accumulated Other Comprehensive Income (Loss) HTML 106K
(Tables)
63: R49 Redeemable Noncontrolling Interests (Tables) HTML 55K
64: R50 Nature of Operations and Summary of Significant HTML 155K
Accounting Policies - Additional Information
(Detail)
65: R51 Nature of Operations and Summary of Significant HTML 49K
Accounting Policies - Schedule of Inventory
(Detail)
66: R52 Restructuring and Other Charges - Additional HTML 77K
Information (Details)
67: R53 Restructuring and Other Charges - Movements in HTML 89K
Restructuring and Related Accruals (Detail)
68: R54 Acquisitions - Pending Transaction with Nutrition HTML 68K
& Biosciences, Inc (Details)
69: R55 Acquisitions - 2019 Acquisition Activity (Details) HTML 80K
70: R56 Acquisitions - Frutarom Narrative (Details) HTML 72K
71: R57 Property, Plant and Equipment, Net - Schedule of HTML 63K
Property, Plant and Equipment (Detail)
72: R58 Goodwill and Other Intangible Assets, Net Goodwill HTML 60K
and Other Intangible Assets, Net - Goodwill
Rollforward (Details)
73: R59 Goodwill and Other Intangible Assets, Net - HTML 47K
Schedule of Goodwill by Operating Segment (Detail)
74: R60 Goodwill and Other Intangible Assets, Net Goodwill HTML 50K
and Other Intangible Assets, Net - Hypothetical
Key Assumptions (Details)
75: R61 Goodwill and Other Intangible Assets, Net - HTML 57K
Trademark and Other Intangible Assets (Detail)
76: R62 Goodwill and Other Intangible Assets, Net - HTML 55K
Amortization Expense (Detail)
77: R63 Goodwill and Other Intangible Assets, Net Goodwill HTML 52K
and Other Intangible Assets, Net - Narrative
(Details)
78: R64 Other Assets And Liabilities, Current and HTML 67K
Noncurrent - Schedule of Other Assets (Detail)
79: R65 Other Assets And Liabilities, Current and HTML 73K
Noncurrent - Schedule of Other Current Liabilities
(Details)
80: R66 Debt - Components of Debt (Detail) HTML 129K
81: R67 Debt - Additional Information (Detail) HTML 263K
82: R68 Debt - Schedule of Debt Maturities (Details) HTML 53K
83: R69 Tangible Equity Units (Details) HTML 58K
84: R70 Tangible Equity Units (Allocation of TEU) HTML 53K
(Details)
85: R71 Tangible Equity Units Tangible Equity - Settlement HTML 54K
of Shares (Details)
86: R72 Leases (Details) HTML 46K
87: R73 Leases - Schedule of Lease Expense (Details) HTML 44K
88: R74 Leases - Schedule of Rental Expense (Details) HTML 42K
89: R75 Leases Cash Flow (Details) HTML 50K
90: R76 Leases - Balance Sheet (Details) HTML 70K
91: R77 Leases - Weighted Average (Details) HTML 50K
92: R78 Leases - Schedule of Lease Maturities (Details) HTML 64K
93: R79 Leases - Leases By Region (Details) HTML 54K
94: R80 Income Taxes - Schedule of Earnings before Income HTML 47K
Taxes (Detail)
95: R81 Income Taxes - Schedule of Income Tax Provision HTML 66K
(Detail)
96: R82 Income Taxes - Reconciliation of Effective Income HTML 73K
Tax Rate (Details)
97: R83 Income Taxes - Schedule of Reconciliation between HTML 55K
U.S. Federal Statutory Income Tax Rate to Actual
Effective Tax Rate (Detail)
98: R84 Income Taxes - Additional Information (Detail) HTML 99K
99: R85 Income Taxes - Schedule of Deferred Tax Assets and HTML 80K
Liabilities (Detail)
100: R86 Income Taxes - Reconciliation of Beginning and HTML 55K
Ending Amount of Unrecognized Tax Benefits
(Detail)
101: R87 Revenue Recognition - Disaggregation of Revenue HTML 65K
(Details)
102: R88 Revenue Recognition - Contract Asset and Accounts HTML 48K
Receivable (Details)
103: R89 Net Income Per Share - Reconciliation of Shares HTML 71K
Used in Computation of Basic and Diluted Net
Income Per Share (Detail)
104: R90 Net Income Per Share - Additional Information HTML 48K
(Detail)
105: R91 Net Income Per Share - TEU (Details) HTML 47K
106: R92 Shareholders' Equity - Additional Information HTML 60K
(Detail)
107: R93 Shareholders' Equity - Stock Repurchase Activity HTML 47K
(Details)
108: R94 Stock Compensation Plans - Additional Information HTML 86K
(Detail)
109: R95 Stock Compensation Plans - Stock-Based HTML 52K
Compensation Expense Included in Consolidated
Statement of Income and Comprehensive Income
(Detail)
110: R96 Stock Compensation Plans - SSAR's and Stock Option HTML 63K
- Additional Information (Detail)
111: R97 Stock Compensation Plans - SSAR's and Stock Option HTML 66K
Activity (Detail)
112: R98 Stock Compensation Plans - SSAR's and Stock Option HTML 55K
Outstanding (Detail)
113: R99 Stock Compensation Plans - SSAR's and Stock Option HTML 55K
Exercisable (Detail)
114: R100 Stock Compensation Plans - Restricted Stock Units HTML 53K
Plan - Additional Information (Detail)
115: R101 Stock Compensation Plans - RSU, PRS and Cash RSU HTML 77K
Activity (Detail)
116: R102 Stock Compensation Plans - Purchased Restricted HTML 59K
Stock Plan - Additional Information (Detail)
117: R103 Stock Compensation Plans - Liability Awards - HTML 55K
Additional Information (Detail)
118: R104 Segment Information - Additional Information HTML 68K
(Detail)
119: R105 Segment Information - Reportable Segment HTML 105K
Information (Detail)
120: R106 Segment Information - Capital Expenditure and HTML 54K
Depreciation and Amortization by Segment (Detail)
121: R107 Segment Information - Net Sales by Geographic Area HTML 57K
(Detail)
122: R108 Segment Information Segment Information - Schedule HTML 54K
of Long Lived Assets (Details)
123: R109 Employee Benefits - Additional Information HTML 103K
(Detail)
124: R110 Employee Benefits - Plan Assets and Benefit HTML 88K
Obligations of Defined Benefit Pension Plans
(Detail)
125: R111 Employee Benefits - Components of Net Periodic HTML 64K
Benefit Cost and Changes in Plan Assets and
Benefit Obligations Recognized in OCI (Detail)
126: R112 Employee Benefits - Weighted-Average Actuarial HTML 53K
Assumption Used to Determine Expense (Detail)
127: R113 Employee Benefits - Changes in Postretirement HTML 113K
Benefit Obligation and Plan Assets (Detail)
128: R114 Employee Benefits - Amounts Recognized in Balance HTML 59K
Sheet (Detail)
129: R115 Employee Benefits - Amounts Recognized in HTML 57K
Accumulated Other Comprehensive Income (Detail)
130: R116 Employee Benefits - Accumulated Benefit Obligation HTML 62K
(Detail)
131: R117 Employee Benefits - Estimated Future Benefit HTML 66K
Payments (Detail)
132: R118 Employee Benefits - Percentage of Assets Invested HTML 62K
(Detail)
133: R119 Employee Benefits - Fair Value Hierarchy of Plan HTML 212K
Assets (Detail)
134: R120 Employee Benefits - Reconciliation of Level 3 HTML 64K
Non-U.S. Plan Assets Held (Detail)
135: R121 Employee Benefits - Weighted Average Assumptions HTML 51K
Used to Determine Postretirement Benefit Expense
and Obligation (Detail)
136: R122 Employee Benefits - Sensitivity of Disclosures to HTML 57K
Changes in Selected Assumptions (Detail)
137: R123 Financial Instruments - Carrying Amount and HTML 97K
Estimated Fair Value of Financial Instruments
(Detail)
138: R124 Financial Instruments - Derivative Instruments HTML 46K
Notional Amount Outstanding (Detail)
139: R125 Financial Instruments - Derivative Instruments HTML 65K
Measured at Fair Value (Detail)
140: R126 Financial Instruments - Derivative Instruments HTML 45K
Which Were Not Designated as Hedging Instruments
(Detail)
141: R127 Financial Instruments - Derivative Instruments HTML 75K
Designated as Cash Flow and Net Investment Hedging
Instruments (Detail)
142: R128 Financial Instruments - Additional Information HTML 93K
(Detail)
143: R129 Accumulated Other Comprehensive Income (Loss) - HTML 68K
Schedule of Changes in Accumulated Other
Comprehensive Income (Loss) (Detail)
144: R130 Accumulated Other Comprehensive Income (Loss) - HTML 73K
Reclassifications of Accumulated Other
Comprehensive Income to Consolidated Statement of
Comprehensive Income (Detail)
145: R131 Concentrations Of Credit Risk - Additional HTML 49K
Information (Detail)
146: R132 Commitments and Contingencies - Additional HTML 162K
Information (Detail)
147: R133 Schedule II - Valuation and Qualifying Accounts HTML 64K
and Reserves (Detail)
148: R134 Redeemable Noncontrolling Interests (Details) HTML 67K
150: XML IDEA XML File -- Filing Summary XML 289K
14: XML XBRL Instance -- iff-20201231_htm XML 6.59M
149: EXCEL IDEA Workbook of Financial Reports XLSX 237K
10: EX-101.CAL XBRL Calculations -- iff-20201231_cal XML 421K
11: EX-101.DEF XBRL Definitions -- iff-20201231_def XML 2.14M
12: EX-101.LAB XBRL Labels -- iff-20201231_lab XML 3.72M
13: EX-101.PRE XBRL Presentations -- iff-20201231_pre XML 2.68M
9: EX-101.SCH XBRL Schema -- iff-20201231 XSD 392K
151: JSON XBRL Instance as JSON Data -- MetaLinks 735± 1.15M
152: ZIP XBRL Zipped Folder -- 0000051253-21-000011-xbrl Zip 870K
Amendment to the International Flavors & Fragrances Inc. Executive Severance Policy
WHEREAS, International Flavors & Fragrances Inc. (the “Company”) maintains the International Flavors & Fragrances Inc. Executive Severance Policy (the "Policy") to provide certain severance payments and benefits to designated Employees (as defined in the Policy) in the event of a termination of their employment in certain specified circumstances; and
WHEREAS, pursuant to
its authority set forth in Section 13(e) of the Policy, the Board of Directors of the Company (the “Board”) has approved the amendment of Section 9(a)(i) of the Policy to revise the terms of the restrictive covenants that apply under the Policy, with such amendments to become effective pursuant to Section 13(e) of the Policy on the sixty-first (61st) day following the date on which notice of this Amendment is provided to Employees.
NOW, THEREFORE, the Policy is hereby amended as follows, with such amendments to become effective pursuant to Section 13(e) of the Policy on the sixty-first (61st) day following the date on which notice of this Amendment is provided to Employees.
1.Section 9(a)(i) is hereby deleted in its entirety and replaced with the following:
(i)The
Employee, acting directly or indirectly, shall not, during the period of the Employee’s employment and the twelve month period following the Employee’s Date of Termination, become employed by, render services for, serve as an agent or consultant to, or become a partner, member, principal, shareholder or other owner of any Competing Business (as defined in Annex II-A for Tier I Participants, and Annex II-B for Tier II Participants).
2.Annex IIA and Annex IIB in the forms attached hereto are hereby added to the Policy.
For purposes of the Policy, a “Competing Business” shall mean any individual or entity that develops, manufactures, sells, and/or distributes a product or service that competes directly or indirectly with those products or services offered by the Company during the last two (2) years of the applicable Employee’s employment with the Company.
ANNEX II-B
For purposes of the Policy, a “Competing Business” shall mean any individual or entity that develops, manufactures, sells, and/or distributes a product or service that competes directly or indirectly with those products or services offered by the
Company during the last two (2) years of the applicable Employee’s employment with the Company, and: (i) which the Employee had responsibility for or worked on in the last two (2) years of employment with the Company, or (ii) where the Employee would be performing the same or similar duties that the Employee performed for the Company during the last two (2) years of employment with the Company.
In recognition of the international nature of the Company’s business, which includes the sale of its products and services
globally, this restriction shall apply to each state or territory of the United States of America, and each country of the world outside of the United States of America, in which the applicable Employee was employed or had responsibility within the last two (2) years of employment with the Company.
2
Dates Referenced Herein and Documents Incorporated by Reference
