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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2012	Oct. 23, 2012
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q3
Trading Symbol	IFF
Entity Registrant Name	INTERNATIONAL FLAVORS & FRAGRANCES INC
Entity Central Index Key	0000051253
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		81,565,501

CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 97,181	$ 88,279
Trade receivables (net of allowances of $8,375 and $5,831, respectively)	534,758	472,346
Inventories:
Raw materials	263,963	248,050
Work in process	6,465	6,992
Finished goods	277,248	289,397
Total Inventories	547,676	544,439
Deferred income taxes	55,966	54,054
Prepaid expenses and other current assets	153,383	158,102
Total Current Assets	1,388,964	1,317,220
Property, plant and equipment, at cost	1,495,298	1,432,094
Accumulated depreciation	(875,381)	(824,029)
Total Property Plant and Equipment	619,917	608,065
Goodwill	665,582	665,582
Other intangible assets, net	38,206	42,763
Deferred income taxes	157,629	152,118
Other assets	189,607	179,833
Total Assets	3,059,905	2,965,581
Current Liabilities:
Bank borrowings and overdrafts and current portion of long-term debt	226,722	116,688
Accounts payable	160,956	208,759
Accrued payroll and bonus	61,107	42,229
Dividends payable	27,608	25,086
Restructuring and other charges	4,171	10,198
Other current liabilities	172,346	161,606
Total Current Liabilities	652,910	564,566
Long-term debt	676,958	778,248
Deferred gains	45,584	47,855
Retirement liabilities	315,391	315,633
Other liabilities	118,252	151,872
Total Other Liabilities	1,156,185	1,293,608
Commitments and Contingencies (Note 11)
Shareholders' Equity:
Common stock 12 1/2¢ par value; authorized 500,000,000 shares; issued 115,761,840 shares as of September 30, 2012 and December 31, 2011; and outstanding 81,558,970 and 80,921,208 shares as of September 30, 2012 and December 31, 2011	14,470	14,470
Capital in excess of par value	126,993	128,631
Retained earnings	2,800,927	2,692,893
Accumulated other comprehensive loss	(361,697)	(375,309)
Treasury stock, at cost - 34,202,870 shares as of September 30, 2012 and 34,840,632 shares as of December 31, 2011	(1,333,469)	(1,356,273)
Total Shareholders' Equity	1,247,224	1,104,412
Noncontrolling interest	3,586	2,995
Total Shareholders' Equity including noncontrolling interest	1,250,810	1,107,407
Total Liabilities and Shareholders' Equity	$ 3,059,905	$ 2,965,581

CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Trade receivables allowances	$ 8,375	$ 5,831
Common stock, par value	$ 12.5	$ 12.5
Common stock, authorized	500,000,000,000	500,000,000,000
Common stock, issued	115,761,840,000	115,761,840,000
Common stock, outstanding	81,558,970,000	80,921,208,000
Treasury stock, shares at cost	34,202,870,000	34,840,632,000

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Net sales	$ 708,955	$ 713,775	$ 2,140,888	$ 2,143,635
Cost of goods sold	407,431	435,400	1,252,422	1,283,377
Research and development expenses	57,658	53,637	171,467	167,322
Selling and administrative expenses	109,691	96,783	327,942	309,626
Restructuring and other charges, net		(645)	1,668	3,368
Interest expense	9,907	10,280	31,330	33,969
Other expense, net	2,424	5,846	1,333	12,957
Income before taxes	121,844	112,474	354,726	333,016
Taxes on income	105,481	30,233	168,710	90,544
Net income	16,363	82,241	186,016	242,472
Other comprehensive income, after tax:
Foreign currency translation adjustments	26,228	(58,741)	2,169	(19,848)
Gains (losses) on derivatives qualifying as hedges	(3,940)	5,403	(1,506)	3,972
Pension and postretirement net liability adjustment	4,178	2,670	12,949	10,380
Other comprehensive income	26,466	(50,668)	13,612	(5,496)
Total comprehensive income	$ 42,829	$ 31,573	$ 199,628	$ 236,976
Net income per share - basic	$ 0.20	$ 1.01	$ 2.28	$ 3.00
Net income per share - diluted	$ 0.20	$ 1.00	$ 2.26	$ 2.96
Average number of shares outstanding - basic	81,246	80,644	81,241	80,381
Average number of shares outstanding - diluted	81,898	81,628	81,984	81,422
Dividends declared per share	$ 0.34	$ 0.31	$ 0.96	$ 0.85

CONSOLIDATED STATEMENT OF CASH FLOWS
$ in Thousands, € in Millions

9 Months Ended

Sep. 30, 2012

USD ($)

Sep. 30, 2011

USD ($)

Cash flows from operating activities:

Net income

$ 186,016

$ 242,472

Adjustments to reconcile to net cash provided by operating activities:

Depreciation and amortization

56,332

56,245

Deferred income taxes

(13,830)

25,672

Gain on disposal of assets

(2,243)

(2,365)

Stock-based compensation

15,363

16,667

Pension settlement/curtailment

874

3,583

Spanish tax charge

72,362

Payments pursuant to Spanish tax settlement

(105,503)

Changes in assets and liabilities:

Trade receivables

(66,364)

(71,928)

Inventories

(3,751)

(6,949)

Accounts payable

(33,652)

(18,987)

Accruals for incentive compensation

14,927

(48,519)

Other current payables and accrued expenses

29,095

(57,524)

Other assets

(20,087)

(35,352)

Other liabilities

13,366

13,711

Net cash provided by operating activities

142,905

116,726

Cash flows from investing activities:

Additions to property, plant and equipment

(84,176)

(74,743)

Purchase of insurance contracts

(1,127)

(1,733)

Maturity of net investment hedges

1,960

(2,220)

Proceeds from disposal of assets

223

469

Net cash used in investing activities

(83,120)

(78,227)

Cash flows from financing activities:

Cash dividends paid to shareholders

(75,458)

(65,174)

Net change in revolving credit facility borrowings and overdrafts

8,376

83,292

Repayments of long-term debt

(100,000)

Proceeds from issuance of stock under stock-based compensation plans

7,664

14,319

Excess tax benefits on stock-based payments

6,920

5,223

Net cash used in financing activities

(52,498)

(62,340)

Effect of exchange rate changes on cash and cash equivalents

1,615

(208)

Net change in cash and cash equivalents

8,902

(24,049)

Cash and cash equivalents at beginning of year

88,279

131,332

Cash and cash equivalents at end of period

97,181

107,283

Interest paid

46,689

53,475

Income taxes paid

$ 163,767

^[1]

$ 60,171

[1]	The 2012 amount includes $105.5 million pursuant to the Spanish tax settlement (see Note 6).

CONSOLIDATED STATEMENT OF CASH FLOWS (Parenthetical) - 9 months ended Sep. 30, 2012 $ in Thousands, € in Millions	USD ($)	EUR (€)
Payments pursuant to Spanish tax settlement	$ 105,503	€ 84

Consolidated Financial Statements

9 Months Ended

Sep. 30, 2012

Consolidated Financial Statements

Note 1. Consolidated Financial Statements:

Basis of Presentation

These interim statements and related management’s discussion and analysis should be read in conjunction with the Consolidated Financial Statements and their related notes and management’s discussion and analysis of results of operations and liquidity and capital resources included in our 2011 Annual Report on Form 10-K (“2011 Form 10-K”). These interim statements are unaudited. The year-end balance sheet data included in this Form 10-Q filing was derived from audited financial statements, but does not include all disclosures required by generally accepted accounting principles in the United States of America. We have historically operated and continue to operate on a 52/53 week fiscal year ending on the Friday closest to the last day of the quarter. For ease of presentation, September 30 and December 31 are used consistently throughout this Form 10-Q and these interim financial statements and related notes to represent the period-end date. The unaudited interim financial statements include all adjustments (consisting only of normal recurring adjustments) and accruals necessary in the judgment of management for a fair statement of the results for the periods presented. When used herein, the terms “the Registrant”, “IFF,” “the Company,” “we”, “us” and “our” mean International Flavors & Fragrances Inc. and its consolidated subsidiaries.

Reclassifications and Revisions

Certain reclassifications have been made to the prior year’s Consolidated Balance Sheet to conform to the 2012 presentation.

For the nine months ended September 30, 2011, the Company reclassified $2.8 million in the Consolidated Statement of Cash Flows from Stock-based compensation to Changes in Other liabilities related to the portion of Stock-based compensation that is settled in cash. There were no changes to the balance sheet, cash flows from operations, net income or shareholders’ equity as a result of this reclassification in the respective 2011 period. In addition, the Company has revised its Consolidated Balance Sheet as of December 31, 2011 to reflect $2.1 million of allowance for doubtful accounts which had previously been netted against gross trade receivables. As a result, both gross trade accounts receivable and the related allowance for doubtful accounts increased by $2.1 million, resulting in no change to Trade receivables, net of allowances.

Recent Accounting Pronouncements

In June 2011, the Financial Accounting Standards Board (“FASB”) issued revised guidance on the presentation of comprehensive income. This revised guidance eliminates the option to present the components of Other comprehensive income (“OCI”) as part of the Consolidated Statement of Shareholder’s Equity and provides two alternatives for presenting the components of net income and OCI, either: (i) in a single continuous statement of comprehensive income or (ii) in two separate but consecutive financial statements, consisting of an income statement followed by a separate statement of comprehensive income. Additionally, items that are reclassified from OCI to net income must be presented on the face of the financial statements. Although in December 2011, the FASB deferred the reclassification requirement of this guidance indefinitely, the Company has adopted this revised guidance as of January 1, 2012 and it did not have an impact on the Company’s consolidated financial statements.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

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+ Details

Net Income Per Share

9 Months Ended

Sep. 30, 2012

Net Income Per Share

Note 2. Net Income Per Share:

Net income per share is based on the weighted average number of shares outstanding. A reconciliation of the shares used in the computation of basic and diluted net income per share is as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
(SHARES IN THOUSANDS)	2012		2011		2012		2011
Basic		81,246		80,644		81,241		80,381
Assumed dilution under stock plans		652		984		743		1,041

Diluted		81,898		81,628		81,984		81,422

Stock options and stock settled appreciation rights (“SSAR’s”) to purchase 132,200 and 78,000 shares in the aggregate were outstanding as of September 30, 2012 and 2011, respectively, but were not included in the computation of diluted net income per share since the impact was anti-dilutive.

The Company has issued shares of purchased restricted common stock (“PRS”) which contain rights to nonforfeitable dividends while these shares are outstanding and thus are considered participating securities which are required to be included in the computation of basic and diluted earnings per share pursuant to the two-class method. The Company did not present the two-class method since the difference between basic and diluted net income per share for both unrestricted common shareholders and PRS shareholders was less than $0.01 per share for each period presented and the number of PRS outstanding as of September 30, 2012 and 2011 was immaterial (approximately 0.6% of the total number of common shares outstanding as of September 30, 2012 and 2011). Net income allocated to such PRS was $0.1 million and $0.5 million during the three months ended September 30, 2012 and 2011, respectively and $1.2 million and $1.5 million during the nine months ended September 30, 2012 and 2011, respectively.

Restructuring and Other Charges, Net

9 Months Ended

Sep. 30, 2012

Restructuring and Other Charges, Net

Note 3. Restructuring and Other Charges, Net:

European Rationalization Plan

During the third quarter of 2009, the Company announced the rationalization of its European manufacturing facilities. The rationalization consisted of the closure of the Fragrance Compound facility in Drogheda, Ireland and partial closure of the Fragrance Ingredient plant in Haverhill, UK. The Company completed its negotiations with the Drogheda, Ireland employee representatives during the third quarter of 2010 and ceased manufacturing operations at the plant as of September 30, 2010. There are no additional charges expected for this plan.

Strategic Initiative

In the fourth quarter of 2011, the Company recorded a $9.8 million charge to cover a restructuring initiative which involved a reduction in workforce primarily related to a realignment of responsibilities in our Fragrances business unit. It also entailed the redeployment of creative resources in emerging markets and resulted in the elimination of 72 positions, across our Fragrances, Flavors and corporate functions. The Company recorded an additional net charge of $1.7 million during the nine months ended September 30, 2012, which relate to amounts recorded during the first quarter of 2012. The charge for the nine-month period is principally attributable to changes in the actual employee positions that were eliminated and adjustments to reflect the actual costs based on the final agreements with affected employees. There are no additional charges expected for this plan.

Changes in restructuring liabilities during the nine months ended September 30, 2012 related to these plans were as follows:


	Employee-Related
(DOLLARS IN THOUSANDS)	Strategic Initiative			European Rationalization			Total
Balance December 31, 2011⁽¹⁾	$	9,781		$	993		$	10,774
Additional charges, net		1,668			—			1,668
Payments and other costs		(7,737	)		(341	)		(8,078	)

Balance September 30, 2012⁽¹⁾	$	3,712		$	652		$	4,364

⁽¹⁾	$0.2 million and $0.6 million of the remaining employee-related liability is classified in Other liabilities as of September 30, 2012 and December 31, 2011, respectively, in the Consolidated Balance Sheet.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References + Details

Other Intangible Assets, Net

9 Months Ended

Sep. 30, 2012

Other Intangible Assets, Net

Note 4. Other Intangible Assets, Net:

Other intangible assets, net consist of the following amounts:


	September 30,			December 31,
(DOLLARS IN THOUSANDS)	2012			2011
Gross carrying value ⁽¹⁾	$	165,406		$	165,406
Accumulated amortization		(127,200	)		(122,643	)

Total	$	38,206		$	42,763

⁽¹⁾	Includes patents, trademarks and other intellectual property, valued at acquisition.

Amortization expense for each of the three months ended September 30, 2012 and 2011 was $1.5 million and amortization expense for each of the nine months ended September 30, 2012 and 2011 was $4.6 million. Annual amortization is expected to be $6.1 million for years 2012 through 2013 and $4.7 million for years 2014 through 2016.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Borrowings

9 Months Ended

Sep. 30, 2012

Borrowings

Note 5. Borrowings:

Debt consists of the following:


(DOLLARS IN THOUSANDS)	Rate			Maturities	September 30, 2012			December 31, 2011
Senior notes - 2007		6.40	%	2017-27	$	500,000		$	500,000
Senior notes - 2006		6.10	%	2013-16		225,000			225,000
Credit facilities		1.45	%	2016		164,890			157,483
Bank overdrafts and other				2012		4,279			1,488
Deferred realized gains on interest rate swaps						9,511			10,965

						903,680			894,936
Less: Current portion of long-term debt						(226,722	)		(116,688	)

					$	676,958		$	778,248

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Income Taxes

9 Months Ended

Sep. 30, 2012

Income Taxes

Note 6. Income Taxes:

At September 30, 2012, we had $34.6 million of unrecognized tax benefits recorded in Other liabilities and $4.5 million recorded in Other current liabilities. If these unrecognized tax benefits were recognized, the effective tax rate would be affected.

For the nine months ended September 30, 2012, the Company reduced its accrual for interest and penalties by $(5.4) million, net, principally due to payments made pursuant to the Spanish tax settlement, as discussed below. At September 30, 2012, the Company had accrued interest and penalties of $7.3 million classified in Other liabilities.

From time to time we repatriate a portion of current earnings from non–U.S. subsidiaries. We do not reserve for additional taxes on that portion of undistributed earnings of subsidiary companies that are intended and planned to be indefinitely invested in such subsidiaries to fund local operations and/or capital projects. However, if we were to elect to repatriate these amounts, we would generate U.S. taxable income, depending on the amounts to be repatriated and from which country.

The Company has ongoing income tax audits and legal proceedings which are at various stages of administrative or judicial review, of which the material items are discussed below. In addition, the Company has other ongoing tax audits and legal proceedings that relate to indirect taxes, such as value-added taxes, capital tax, sales and use and property taxes, which are discussed in Note 11.

Prior to and during the third quarter, the most significant income tax disputes in which the Company was involved related to various income tax assessments imposed by the Spanish tax authorities against the Company’s Spanish subsidiaries. As a result of tax audits for the 2002-2003 and the 2004-2006 fiscal years, the Spanish tax authorities had challenged certain tax positions taken in the Spanish subsidiaries’ tax returns and imposed assessments of Euro 22.0 million ($28.3 million) including estimated interest through September 30, 2012 and Euro 62.8 million ($78.3 million), including interest, prior to the August 1, 2012 settlement as discussed below. In addition, as the challenged income tax positions had also been taken by the Spanish subsidiaries for the 2007-2011 fiscal years, the Company was subject to similar challenges for those subsequent periods.

On August 1, 2012, the Company reached an overall settlement with the Spanish tax authorities regarding the income tax deductions taken by its Spanish subsidiaries for the 2004-2010 years. Pursuant to the settlement, the Company and the Spanish tax authorities agreed to settle all disputes and claims arising from the Company’s Spanish subsidiaries’ income tax returns for the 2004-2010 fiscal years in exchange for an agreed-upon payment of Euro 86.0 million ($105.7 million), in the aggregate. During the third quarter, the Company made payments totaling Euro 84.0 million ($105.5 million based exchange rates at the respective payment dates), pursuant to the settlement. The Company expects to pay the remaining amounts in the fourth quarter of 2012. As part of the overall settlement, the Company and the Spanish tax authorities also preliminarily agreed upon the key principles to be incorporated into a multi-year agreement that will establish the tax basis for the Company’s activities in Spain beginning in 2012. The terms and conditions of the proposed agreement, which are expected to be finalized in the fourth quarter of 2012, are not expected to have a material impact on the Company’s effective tax rate for the 2012 fiscal year.

The settlement agreement did not address the income tax returns filed for the 2002-2003 fiscal years, as these were further along in the Spanish judicial process, and the Company intends to continue to challenge these assessments. In addition, the settlement agreement did not address the 2011 fiscal year, as the Spanish subsidiaries’ 2011 tax return was not filed until late July 2012. Based on the tax settlement, the Company increased its liabilities for uncertain tax positions for years not settled.

Based on the tax settlement, the Company recorded an after-tax charge in the third quarter of 2012 of $72.4 million, which included $56.0 million related to the tax settlement of the 2004-2010 period and the increased liabilities for uncertain tax positions of $16.4 million for years not settled.

In order to proceed with its appeals of the tax assessments for the 2002-2003 fiscal years and the 2004-2006 fiscal years, the Company was required to post bank guarantees. As of September 30, 2012, the Company had posted bank guarantees of Euro 21.6 million ($27.8 million) associated with the 2002-2003 appeals. As a result of the settlement payments made during the third quarter 2012, the Company reduced, during the period, the amount of outstanding bank guarantees related to the 2004-2006 fiscal years by Euro 60.1 million ($77.4 million) and expects to reduce its bank guarantees by an additional Euro 1.5 million ($1.9 million) upon payment of the final amounts due pursuant to the tax settlement.

In addition to the above, the Company has also been a party to four dividend withholding tax controversies in Spain in which the Spanish tax authorities alleged that the Company’s Spanish subsidiaries underpaid withholding taxes during the 1995-2001 fiscal years. The Company had previously appealed each of these controversies. At September 30, 2012, the aggregate amount of these dividend withholding controversies was Euro 18.7 million ($24.0 million), including estimated interest, for which the Company is fully reserved. During the first nine months of 2012, the Company received unfavorable decisions on the first three cases and recorded charges (including estimated interest) aggregating $14.3 million ($12.4 million after-tax), of which $8.4 million is reflected in income taxes payable at September 30, 2012. The Company made total payments of $10.6 million during the nine months ended September 30, 2012, and expects to make an additional $2.1 million payment by the end of 2012. As of September 30, 2012, the Company had posted remaining bank guarantees of Euro 9.6 million ($12.3 million) in order to proceed with these appeals. The fourth and final remaining appeal has not yet been heard by the Spanish Supreme Court. As of September 30, 2012, the Company’s liability for uncertain tax positions arising from the Spanish withholding tax controversies was $3.6 million in the aggregate.

As of September 30, 2012, the Company’s aggregate provisions for uncertain tax positions, including interest and penalties, is $46.4 million, which includes $23.3 million associated with the tax deductions taken by our Spanish subsidiaries, $3.6 million associated with our Spanish dividend withholding tax controversies and the remainder associated with various other tax positions asserted in foreign jurisdictions, none of which is individually material.

In addition, the Company has several other tax audits in process and has open tax years with various taxing jurisdictions that range primarily from 2002 to 2011. Based on currently available information, we do not believe the ultimate outcome of any of these tax audits and other tax positions related to open tax years, when finalized, will have a material impact on our financial position, reported results or liquidity.

The effective tax rate for the three months ended September 30, 2012 was 86.6% (substantially driven by the Spanish tax settlement) compared with 26.9% for the three months ended September 30, 2011. The effective tax rate for 2012 third quarter includes a $72.4 million charge based on the overall Spanish tax settlement as discussed above. In addition, as part of the overall settlement, the Company and the Spanish tax authorities have also preliminarily agreed upon the key principles to be incorporated into an agreement that will establish the tax basis for the Company’s activities in Spain for 2012 and future years and accordingly, in the third quarter of 2012 the Company recorded an adjustment of $2.6 million to increase accrued income taxes. The period-over-period increase also reflects the absence of an R&D tax credit in the U.S. during the third quarter of 2012 as compared to the 2011 period.

The effective tax rate for the nine months ended September 30, 2012 was 47.6% (substantially driven by the Spanish tax settlement) compared with 27.2% for the nine months ended September 30, 2011. The effective tax rate for the 2012 nine month period includes a $72.4 million charge based on the overall Spanish tax settlement comprised as discussed above. The nine month period ended September 30, 2012 also includes a $10.6 million benefit due to a corporate restructuring charge of certain of our foreign subsidiaries that was offset by $14.3 million of provisions related to the Spanish dividend withholding tax cases and other reserve adjustments on uncertain tax positions. The 2011 period included a $5.8 million write-off of deferred tax assets as a result of U.S. state law changes enacted during the third quarter of 2011 that was partially offset by several items, including approximately $3.0 million related to adjustments on uncertain tax positions and a favorable mix in earnings and remittances.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Stock Compensation Plans

9 Months Ended

Sep. 30, 2012

Stock Compensation Plans

Note 7. Stock Compensation Plans:

The Company has various plans under which its officers, senior management, other key employees and directors may be granted equity-based awards. Equity awards outstanding under the plans include PRS, restricted stock units (“RSU’s”), stock options, SSAR’s and Long-Term Incentive Plan (“LTIP”) awards; liability-based awards outstanding under the plans are Cash-settled RSUs.

Stock-based compensation expense and related tax benefits were as follows:


	Three Months Ended September 30,						Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Equity-based awards	$	4,091		$	3,578		$	15,363		$	16,667
Liability-based awards		779			(34	)		2,350			2,789

Total stock-based compensation expense		4,870			3,544			17,713			19,456
Less: tax benefit		(1,511	)		(1,097	)		(5,546	)		(6,332	)

Total stock-based compensation expense, after tax	$	3,359		$	2,447		$	12,167		$	13,124

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Segment Information

9 Months Ended

Sep. 30, 2012

Segment Information

Note 8. Segment Information:

The Company is organized into two operating segments: Flavors and Fragrances. These segments align with the internal structure of the Company used to manage these businesses. Performance of these operating segments is evaluated based on profit before Restructuring and other charges, net, Interest expense, Other (income) expense, net and Taxes on income.

The Global caption below represents corporate and headquarters-related expenses which include legal, finance, human resources, certain incentive compensation expenses and other R&D and administrative expenses that are not allocated to individual operating segments.

Reportable segment information is as follows:


	Three months Ended September 30,						Nine months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Net sales:
Flavors	$	340,674		$	340,610		$	1,051,932		$	1,024,604
Fragrances		368,281			373,165			1,088,956			1,119,031

Consolidated	$	708,955		$	713,775		$	2,140,888		$	2,143,635

Segment profit:
Flavors	$	76,145		$	71,162		$	236,458		$	221,119
Fragrances		65,331			58,673			185,049			189,635
Global		(7,301	)		(1,880	)		(32,450	)		(27,444	)
Restructuring and other charges, net		—			645			(1,668	)		(3,368	)

Operating profit		134,175			128,600			387,389			379,942
Interest expense		(9,907	)		(10,280	)		(31,330	)		(33,969	)
Other expense, net		(2,424	)		(5,846	)		(1,333	)		(12,957	)

Income before taxes	$	121,844		$	112,474		$	354,726		$	333,016

The 2011 amounts have been conformed to the 2012 presentation.

Net sales are attributed to individual regions based upon the destination of product delivery. Net sales related to the U.S. for the three months ended September 30, 2012 and 2011 were $171 million and $169 million, respectively, and for the nine months ended September 30, 2012 and 2011 were $506 million and $498 million, respectively. Net sales attributed to all foreign countries in total for the three months ended September 30, 2012 and 2011 were $538 million and $545 million, respectively and for each of the nine months ended September 30, 2012 and 2011 were $1.6 billion. No non-U.S. country had net sales in any period presented greater than 7% of total consolidated net sales.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Employee Benefits

9 Months Ended

Sep. 30, 2012

Employee Benefits

Note 9. Employee Benefits:

Pension and other defined contribution retirement plan expenses included the following components:


U.S. Plans	Three Months Ended September 30,						Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Service cost for benefits earned	$	938		$	975		$	2,815		$	2,702
Interest cost on projected benefit obligation		6,002			6,266			18,005			18,280
Expected return on plan assets		(6,041	)		(6,264	)		(18,124	)		(18,803	)
Net amortization and deferrals		4,913			3,270			14,738			8,915
Loss due to curtailments		—			—			—			444

Net periodic benefit cost		5,812			4,247			17,434			11,538
Defined contribution and other retirement plans		1,651			675			5,515			4,333

Total expense	$	7,463		$	4,922		$	22,949		$	15,871


Non-U.S. Plans	Three Months Ended September 30,						Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Service cost for benefits earned	$	3,064		$	2,601		$	9,422		$	7,825
Interest cost on projected benefit obligation		7,560			8,289			23,144			25,333
Expected return on plan assets		(9,813	)		(11,141	)		(32,701	)		(33,830	)
Net amortization and deferrals		1,589			1,294			4,810			3,999
Loss due to settlements and special terminations		—			—			874			3,877

Net periodic benefit cost		2,400			1,043			5,549			7,204
Defined contribution and other retirement plans		1,150			1,065			3,479			3,852

Total expense	$	3,550		$	2,108		$	9,028		$	11,056

The Company expects to contribute $15 - $20 million to its qualified U.S. pension plans and $15 - $20 million to its non-U.S. pension plans during 2012. In the three and nine months ended September 30, 2012, no contributions were made to the qualified U.S. pension plans. For the three and nine months ended September 30, 2012, $4.1 million and $12.2 million of contributions were made to the non-U.S. plans, respectively. In the three and nine months ended September 30, 2012, $1.0 million and $3.0 million of benefit payments were made with respect to the Company’s non-qualified U.S. pension plan, respectively.

Expense recognized for postretirement benefits other than pensions included the following components:


	Three Months Ended September 30,						Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Service cost for benefits earned	$	341		$	368		$	1,023		$	884
Interest cost on projected benefit obligation		1,447			1,487			4,341			4,396
Net amortization and deferrals		(361	)		(571	)		(1,083	)		(1,914	)

Total postretirement benefit expense	$	1,427		$	1,284		$	4,281		$	3,366

The Company expects to contribute approximately $6 million to its postretirement benefits other than pension plans during 2012. In the three and nine months ended September 30, 2012, $1.3 million and $3.9 million of contributions were made, respectively.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Financial Instruments

9 Months Ended

Sep. 30, 2012

Financial Instruments

Note 10. Financial Instruments:

Fair Value

Accounting guidance on fair value measurements specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions. These two types of inputs create the following fair value hierarchy:

•

Level 1–Quoted prices for identical instruments in active markets.

•

Level 2–Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets.

•

Level 3–Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

This hierarchy requires us to use observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. We determine the fair value of structured liabilities (where performance is linked to structured interest rates, inflation or currency risks) using the London InterBank Offer Rate (“LIBOR”) swap curve and forward interest and exchange rates at period end. Such instruments are classified as Level 2 based on the observability of significant inputs to the model. We do not have any instruments classified as Level 1 or Level 3, other than those included in pension asset trusts as discussed in Note 13 of our 2011 Form 10-K.

These valuations take into consideration our credit risk and our counterparties’ credit risk. The estimated change in the fair value of these instruments due to such changes in our own credit risk (or instrument-specific credit risk) was immaterial as of September 30, 2012.

The amounts recorded in the balance sheet (carrying amount) and the estimated fair values of financial instruments at September 30, 2012 and December 31, 2011 consisted of the following:


	September 30, 2012				December 31, 2011
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
(DOLLARS IN THOUSANDS)
Cash and cash equivalents ⁽¹⁾	$	97,181	$	97,181	$	88,279	$	88,279
Credit facilities and bank overdrafts ⁽²⁾		169,169		169,169		158,971		158,971
Long-term debt: ⁽³⁾
Senior notes - 2007		500,000		629,543		500,000		617,000
Senior notes - 2006		225,000		246,689		225,000		250,000

(1)	The carrying amount of cash and cash equivalents approximates fair value due to the short maturity of those instruments.

(2)	The carrying amount of our credit facilities and bank overdrafts approximates fair value as the interest rate is based on current market rates as well as the short maturity of those instruments.

(3)	The fair value of our long-term debt was calculated using discounted cash flows applying current interest rates and current credit spreads based on our own credit risk.

Derivatives

We periodically enter into foreign currency forward contracts with the objective of reducing exposure to cash flow volatility associated with our intercompany loans, foreign currency receivables and payables, and anticipated purchases of certain raw materials used in operations. These contracts generally involve the exchange of one currency for a second currency at a future date, have maturities not exceeding twelve months and are with counterparties which are major international financial institutions.

In 2003, we executed a 10-year Yen - U.S. dollar currency swap related to the monthly sale and purchase of products between the Company and its Japanese subsidiary which has been designated as a cash flow hedge.

During the third quarter of 2010, we entered into two three-year interest rate swap agreements effectively converting the fixed rate on our long term borrowings to a variable short-term rate based on the LIBOR plus an interest mark-up. These swaps are designated as fair value hedges. Amounts recognized in Interest expense have been immaterial for the three and nine months ended September 30, 2012 and 2011.

During the nine months ended September 30, 2012 and the year ended December 31, 2011, we entered into multiple forward currency contracts which qualified as net investment hedges, in order to mitigate a portion of our net investment in our European subsidiaries from foreign currency risk. The effective portions of net investment hedges are recorded in OCI as a component of Foreign currency translation adjustments in the accompanying Consolidated Statement of Comprehensive Income. Realized gains/(losses) are deferred in AOCI where they will remain until the net investments in our European subsidiaries are divested. Four of these forward currency contracts matured during the nine months ended September 30, 2012. The outstanding forward currency contracts have remaining maturities of less than one year.

During the nine months ended September 30, 2012 and the year ended December 31, 2011, we entered into several forward currency contracts which qualified as cash flow hedges. The objective of these hedges is to protect against the currency risk associated with changes in the EUR/USD exchange rate attributable to forecasted U.S. dollar (USD) denominated raw material purchases made by Euro (EUR) functional currency subsidiaries. The effective portions of cash flow hedges are recorded in OCI as a component of gains/(losses) on derivatives qualifying as hedges in the accompanying Consolidated Statement of Comprehensive Income. Realized gains/(losses) in AOCI related to cash flow hedges of raw material purchases are recognized as a component of Cost of goods sold in the accompanying Consolidated Statement of Comprehensive Income in the same period as the related costs are recognized.

The following table shows the notional amount of the Company’s derivative instruments outstanding as of September 30, 2012 and December 31, 2011:


(DOLLARS IN THOUSANDS)	September 30, 2012		December 31, 2011
Forward currency contracts	$	145,373	$	147,078
Interest rate swaps	$	100,000	$	100,000

The following tables show the Company’s derivative instruments measured at fair value (Level 2 of the fair value hierarchy), as reflected in the Consolidated Balance Sheets as of September 30, 2012 and December 31, 2011:


	September 30, 2012
(DOLLARS IN THOUSANDS)	Fair Value of Derivatives Designated as Hedging Instruments			Fair Value of Derivatives Not Designated as Hedging Instruments			Total Fair Value

Derivative assets ^(a)
Foreign currency contracts	$	2,150		$	2,031		$	4,181
Interest rate swaps		447			—			447

	$	2,597		$	2,031		$	4,628

Derivative liabilities ^(b)
Foreign currency contracts	$	3,850		$	1,325		$	5,175

	December 31, 2011
(DOLLARS IN THOUSANDS)	Fair Value of Derivatives Designated as Hedging Instruments			Fair Value of Derivatives Not Designated as Hedging Instruments			Total Fair Value

Derivative assets ^(a)
Foreign currency contracts	$	9,333		$	5,473		$	14,806
Interest rate swaps		286			—			286

	$	9,619		$	5,473		$	15,092

Derivative liabilities ^(b)
Foreign currency contracts	$	(3,368	)	$	(2,054	)	$	(5,422	)

^(a)	Derivative assets are recorded to Prepaid expenses and other current assets in the Consolidated Balance Sheet.

^(b)	Derivative liabilities are recorded as Other current liabilities in the Consolidated Balance Sheet.

The following table shows the effect of the Company’s derivative instruments which were not designated as hedging instruments in the Consolidated Statement of Comprehensive Income for the three and nine months ended September 30, 2012 and 2011 (in thousands):


	Amount of (Loss) Gain Recognized in Income on Derivative						Location of (Loss) Gain Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments	For the three months ended September 30,						Location of (Loss) Gain Recognized in Income on Derivative
	2012			2011

Foreign currency contracts	$	(1,073	)	$	4,720		Other expense, net

	Amount of (Loss) Gain Recognized in Income on Derivative						Location of (Loss) Gain Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments	For the nine months ended September 30,						Location of (Loss) Gain Recognized in Income on Derivative
	2012			2011

Foreign currency contracts	$	5,010		$	(10,130	)	Other expense, net

Most of these net gains or losses offset any recognized gains or losses arising from the revaluation of the related intercompany loans during the same respective periods.

The following table shows the effect of the Company’s derivative instruments designated as cash flow and net investment hedging instruments in the Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2012 and 2011 (in thousands):


	Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)					Location of (Loss) Gain Reclassified from AOCI into Income (Effective Portion)	Amount of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)
	For the three months ended September 30,						For the three months ended September 30,
	2012			2011			2012			2011

Derivatives in Cash Flow Hedging Relationships:

Cross currency swap ⁽¹⁾	$	404		$	73	Other expense, net	$	(719	)	$	(655	)
Forward currency contracts		(4,351	)		5,329	Cost of goods sold		1,720			(1,217	)

Derivatives in Net Investment Hedging Relationships:

Forward currency contracts		(381	)		1,972	N/A		—			—


Total	$	(4,328	)	$	7,374		$	1,001		$	(1,872	)


	Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)						Location of (Loss) Gain Reclassified from AOCI into Income (Effective Portion)	Amount of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)
	For the nine months ended September 30,							For the nine months ended September 30,
	2012			2011				2012			2011

Derivatives in Cash Flow Hedging Relationships:

Cross currency swap ⁽¹⁾	$	1,437		$	743		Other expense, net	$	(2,093	)	$	(1,742	)
Forward currency contracts		(3,028	)		3,202		Cost of goods sold		2,680			(3,837	)

Derivatives in Net Investment Hedging Relationships:

Forward currency contracts		(68	)		(441	)	N/A		—			—


Total	$	(1,659	)	$	3,504			$	587		$	(5,579	)

⁽¹⁾	Ten year swap executed in 2003

No ineffectiveness was experienced in the above noted cash flow hedges during the three and nine months ended September 30, 2012 and 2011. The ineffective portion of the net investment hedges was not material during the three and nine months ended September 30, 2012 and 2011.

The Company expects that approximately $2.5 million (net of tax) of derivative gains included in AOCI at September 30, 2012, based on current market rates, will be reclassified into earnings within the next 12 months. The majority of this amount will vary due to fluctuations in foreign currency exchange rates.

Commitments and Contingencies

9 Months Ended

Sep. 30, 2012

Commitments and Contingencies

Note 11. Commitments and Contingencies:

Guarantees and Letters of Credit

The Company has various bank guarantees and letters of credit which have been issued in connection with governmental requirements associated with pending litigation in various jurisdictions and to support its ongoing business operations.

At September 30, 2012, the Company had bank guarantees and standby letters of credit aggregating $90.7 million with various financial institutions. Of this amount, Euro 32.7 million ($42.0 million) in bank guarantees were related to governmental requirements for income tax disputes in Spain, as discussed in further detail in Note 6. Also included in the above aggregate amount is a total of $25.3 million in bank guarantees which the Company has posted to appeal a Spanish capital tax assessment, and certain other assessments in Brazil for other diverse income tax and indirect tax disputes related to fiscal years 1998-2011. The remaining bank guarantees and standby letters of credit were granted primarily in the ordinary course of business. The total value of outstanding guarantees decreased by $77.4 million during the third quarter, principally as a result of payments attributable to the Spanish tax settlement. There were no material amounts utilized under the standby letters of credit as of September 30, 2012. As required under Brazilian law, in order to challenge the assessments in the Brazilian cases, the Company, as of September 30, 2012, pledged $20.1 million of assets, principally property, plant and equipment.

Lines of Credit

The Company has various lines of credit (in addition to the credit facility - see Note 5) which are available to support its ongoing business operations. At September 30, 2012, we had available lines of credit of $71.5 million with various financial institutions. There were no significant amounts drawn down pursuant to these lines of credit as of September 30, 2012.

Litigation

The Company assesses contingencies related to litigation and/or other matters to determine the degree of probability and range of possible loss. A loss contingency is accrued in the Company’s consolidated financial statements if it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. On at least a quarterly basis, the Company reviews contingencies related to litigation to determine the adequacy of accruals. The liabilities are recorded at management’s best estimate of the probable outcome of the lawsuits and claims, taking into consideration the facts and circumstances of the individual matters as well as past experience on similar matters. At each balance sheet date, the key issues that management assesses are whether it is probable that a loss as to asserted or unasserted claims has been incurred and if so, whether the amount of loss can be reasonably estimated. Because litigation is inherently unpredictable and unfavorable resolutions could occur, assessing contingencies is highly sensitive and requires judgments about future events. The amount of ultimate loss may differ from these estimates and further events may require the Company to increase or decrease the amounts it has accrued on any matter. It is possible that cash flows or results of operations could be materially affected by the unfavorable or favorable resolution of one or more of these contingencies.

Periodically, we assess our insurance coverage for all known claims, where applicable, taking into account aggregate coverage by occurrence, limits of coverage, self-insured retentions and deductibles, historical claims experience and claims experience with our insurance carriers. We recognize a receivable when we believe that realization of the insurance receivable is probable under the terms of the insurance policies and our payment experience to date.

We record the expected liability with respect to claims in Other liabilities and expected recoveries from our insurance carriers in Other assets.

Environmental

Over the past 20 years, various federal and state authorities and private parties have claimed that the Company is a Potentially Responsible Party (“PRP”) as a generator of waste materials for alleged pollution at a number of waste sites operated by third parties located principally in New Jersey and have sought to recover costs incurred and to be incurred to clean up the sites.

The Company has been identified as a PRP at ten facilities operated by third parties at which investigation and/or remediation activities may be ongoing. The Company analyzes its liability on at least a quarterly basis. The Company accrues for environmental liabilities when they are probable and estimable. The Company estimates its share of the total future cost for these sites to be less than $5 million.

While joint and several liability is authorized under federal and state environmental laws, the Company believes the amounts it has paid and anticipates paying in the future for clean-up costs and damages at all sites are not and will not have a material adverse effect on its financial condition, results of operations or cash flows. This assessment is based upon, among other things, the involvement of other PRPs at most sites, the status of the proceedings, including various settlement agreements and consent decrees, the extended time period over which payments will likely be made and an agreement reached in July 1994 with three of the Company’s liability insurers pursuant to which defense costs and indemnity amounts payable by the Company in respect of the sites will be shared by the insurers up to an agreed amount. There can be no assurance, however, that future events will not require us to materially increase the amounts we anticipate paying for clean-up costs and damages at these sites, and that such increased amounts will not have a material adverse effect on our financial condition, results of operations or cash flows.

Other Contingencies

The Company has contingencies in various jurisdictions in which it operates pertaining to such items as value-added taxes, capital and other indirect taxes, customs and duties and sales and use taxes, the most significant existing in Spain and Brazil. The Spanish tax authorities are alleging claims for a capital tax in a case arising from similar facts as the income tax cases (discussed in further detail in Note 6) related to income tax deductions taken in the Spanish subsidiaries tax returns. The Company has recorded provisions only in those cases where the loss is both probable and estimable. Due to the extended period of time to proceed through the judicial process and the fact that the majority of the underlying positions under dispute had either no ruling or favorable rulings to date, the Company cannot reasonably estimate a range of possible loss for the majority of the Brazilian matters. With respect to the Spanish capital tax assessment and Brazilian tax matters, the Company intends to vigorously defend, and believes that it has valid defenses for, its underlying positions under dispute.

In addition to the above, the Company is a party, from time to time, to various claims, complaints and proceedings arising in the ordinary course of business including but not limited to those relating to intellectual property disputes, product liability claims, workers’ compensation, etc. The Company does not believe that any of these individual matters would have a material effect on the Company’s consolidated financial position, cash flows or results of operations.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Consolidated Financial Statements (Policies)	9 Months Ended
Consolidated Financial Statements (Policies)	Sep. 30, 2012
Basis of Presentation	Basis of Presentation These interim statements and related management’s discussion and analysis should be read in conjunction with the Consolidated Financial Statements and their related notes and management’s discussion and analysis of results of operations and liquidity and capital resources included in our 2011 Annual Report on Form 10-K (“2011 Form 10-K”). These interim statements are unaudited. The year-end balance sheet data included in this Form 10-Q filing was derived from audited financial statements, but does not include all disclosures required by generally accepted accounting principles in the United States of America. We have historically operated and continue to operate on a 52/53 week fiscal year ending on the Friday closest to the last day of the quarter. For ease of presentation, September 30 and December 31 are used consistently throughout this Form 10-Q and these interim financial statements and related notes to represent the period-end date. The unaudited interim financial statements include all adjustments (consisting only of normal recurring adjustments) and accruals necessary in the judgment of management for a fair statement of the results for the periods presented. When used herein, the terms “the Registrant”, “IFF,” “the Company,” “we”, “us” and “our” mean International Flavors & Fragrances Inc. and its consolidated subsidiaries.
Reclassifications and Revisions	Reclassifications and Revisions Certain reclassifications have been made to the prior year’s Consolidated Balance Sheet to conform to the 2012 presentation. For the nine months ended September 30, 2011, the Company reclassified $2.8 million in the Consolidated Statement of Cash Flows from Stock-based compensation to Changes in Other liabilities related to the portion of Stock-based compensation that is settled in cash. There were no changes to the balance sheet, cash flows from operations, net income or shareholders’ equity as a result of this reclassification in the respective 2011 period. In addition, the Company has revised its Consolidated Balance Sheet as of December 31, 2011 to reflect $2.1 million of allowance for doubtful accounts which had previously been netted against gross trade receivables. As a result, both gross trade accounts receivable and the related allowance for doubtful accounts increased by $2.1 million, resulting in no change to Trade receivables, net of allowances.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2011, the Financial Accounting Standards Board (“FASB”) issued revised guidance on the presentation of comprehensive income. This revised guidance eliminates the option to present the components of Other comprehensive income (“OCI”) as part of the Consolidated Statement of Shareholder’s Equity and provides two alternatives for presenting the components of net income and OCI, either: (i) in a single continuous statement of comprehensive income or (ii) in two separate but consecutive financial statements, consisting of an income statement followed by a separate statement of comprehensive income. Additionally, items that are reclassified from OCI to net income must be presented on the face of the financial statements. Although in December 2011, the FASB deferred the reclassification requirement of this guidance indefinitely, the Company has adopted this revised guidance as of January 1, 2012 and it did not have an impact on the Company’s consolidated financial statements.

Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Reconciliation of Shares Used in Computation of Basic and Diluted Net Income Per Share


	Three Months Ended September 30,				Nine Months Ended September 30,
(SHARES IN THOUSANDS)	2012		2011		2012		2011
Basic		81,246		80,644		81,241		80,381
Assumed dilution under stock plans		652		984		743		1,041

Diluted		81,898		81,628		81,984		81,422

Restructuring and Other Charges, Net (Tables)

9 Months Ended

Sep. 30, 2012

Changes in restructuring liabilities

Changes in restructuring liabilities during the nine months ended September 30, 2012 related to these plans were as follows:


	Employee-Related
(DOLLARS IN THOUSANDS)	Strategic Initiative			European Rationalization			Total
Balance December 31, 2011⁽¹⁾	$	9,781		$	993		$	10,774
Additional charges, net		1,668			—			1,668
Payments and other costs		(7,737	)		(341	)		(8,078	)

Balance September 30, 2012⁽¹⁾	$	3,712		$	652		$	4,364

⁽¹⁾	$0.2 million and $0.6 million of the remaining employee-related liability is classified in Other liabilities as of September 30, 2012 and December 31, 2011, respectively, in the Consolidated Balance Sheet.

Other Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Other Intangible Assets, Net

Other intangible assets, net consist of the following amounts:


	September 30,			December 31,
(DOLLARS IN THOUSANDS)	2012			2011
Gross carrying value ⁽¹⁾	$	165,406		$	165,406
Accumulated amortization		(127,200	)		(122,643	)

Total	$	38,206		$	42,763

⁽¹⁾	Includes patents, trademarks and other intellectual property, valued at acquisition.

Borrowings (Tables)

9 Months Ended

Sep. 30, 2012

Components of Debt

Debt consists of the following:


(DOLLARS IN THOUSANDS)	Rate			Maturities	September 30, 2012			December 31, 2011
Senior notes - 2007		6.40	%	2017-27	$	500,000		$	500,000
Senior notes - 2006		6.10	%	2013-16		225,000			225,000
Credit facilities		1.45	%	2016		164,890			157,483
Bank overdrafts and other				2012		4,279			1,488
Deferred realized gains on interest rate swaps						9,511			10,965

						903,680			894,936
Less: Current portion of long-term debt						(226,722	)		(116,688	)

					$	676,958		$	778,248

Stock Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2012

Stock-Based Compensation Expense and Related Tax Benefits

Stock-based compensation expense and related tax benefits were as follows:


	Three Months Ended September 30,						Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Equity-based awards	$	4,091		$	3,578		$	15,363		$	16,667
Liability-based awards		779			(34	)		2,350			2,789

Total stock-based compensation expense		4,870			3,544			17,713			19,456
Less: tax benefit		(1,511	)		(1,097	)		(5,546	)		(6,332	)

Total stock-based compensation expense, after tax	$	3,359		$	2,447		$	12,167		$	13,124

Segment Information (Tables)

9 Months Ended

Sep. 30, 2012

Reportable Segment Information

Reportable segment information is as follows:


	Three months Ended September 30,						Nine months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Net sales:
Flavors	$	340,674		$	340,610		$	1,051,932		$	1,024,604
Fragrances		368,281			373,165			1,088,956			1,119,031

Consolidated	$	708,955		$	713,775		$	2,140,888		$	2,143,635

Segment profit:
Flavors	$	76,145		$	71,162		$	236,458		$	221,119
Fragrances		65,331			58,673			185,049			189,635
Global		(7,301	)		(1,880	)		(32,450	)		(27,444	)
Restructuring and other charges, net		—			645			(1,668	)		(3,368	)

Operating profit		134,175			128,600			387,389			379,942
Interest expense		(9,907	)		(10,280	)		(31,330	)		(33,969	)
Other expense, net		(2,424	)		(5,846	)		(1,333	)		(12,957	)

Income before taxes	$	121,844		$	112,474		$	354,726		$	333,016

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Employee Benefits (Tables)

9 Months Ended

Sep. 30, 2012

Pension and Other Defined Contribution Retirement Plan Expenses

Pension and other defined contribution retirement plan expenses included the following components:


U.S. Plans	Three Months Ended September 30,						Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Service cost for benefits earned	$	938		$	975		$	2,815		$	2,702
Interest cost on projected benefit obligation		6,002			6,266			18,005			18,280
Expected return on plan assets		(6,041	)		(6,264	)		(18,124	)		(18,803	)
Net amortization and deferrals		4,913			3,270			14,738			8,915
Loss due to curtailments		—			—			—			444

Net periodic benefit cost		5,812			4,247			17,434			11,538
Defined contribution and other retirement plans		1,651			675			5,515			4,333

Total expense	$	7,463		$	4,922		$	22,949		$	15,871


Non-U.S. Plans	Three Months Ended September 30,						Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Service cost for benefits earned	$	3,064		$	2,601		$	9,422		$	7,825
Interest cost on projected benefit obligation		7,560			8,289			23,144			25,333
Expected return on plan assets		(9,813	)		(11,141	)		(32,701	)		(33,830	)
Net amortization and deferrals		1,589			1,294			4,810			3,999
Loss due to settlements and special terminations		—			—			874			3,877

Net periodic benefit cost		2,400			1,043			5,549			7,204
Defined contribution and other retirement plans		1,150			1,065			3,479			3,852

Total expense	$	3,550		$	2,108		$	9,028		$	11,056

Postretirement Benefits Other Than Pension Expenses

Expense recognized for postretirement benefits other than pensions included the following components:


	Three Months Ended September 30,						Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)	2012			2011			2012			2011
Service cost for benefits earned	$	341		$	368		$	1,023		$	884
Interest cost on projected benefit obligation		1,447			1,487			4,341			4,396
Net amortization and deferrals		(361	)		(571	)		(1,083	)		(1,914	)

Total postretirement benefit expense	$	1,427		$	1,284		$	4,281		$	3,366

Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2012

Carrying Amount and Estimated Fair Value of Financial Instruments

The amounts recorded in the balance sheet (carrying amount) and the estimated fair values of financial instruments at September 30, 2012 and December 31, 2011 consisted of the following:


	September 30, 2012				December 31, 2011
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
(DOLLARS IN THOUSANDS)
Cash and cash equivalents ⁽¹⁾	$	97,181	$	97,181	$	88,279	$	88,279
Credit facilities and bank overdrafts ⁽²⁾		169,169		169,169		158,971		158,971
Long-term debt: ⁽³⁾
Senior notes - 2007		500,000		629,543		500,000		617,000
Senior notes - 2006		225,000		246,689		225,000		250,000

(1)	The carrying amount of cash and cash equivalents approximates fair value due to the short maturity of those instruments.

(2)	The carrying amount of our credit facilities and bank overdrafts approximates fair value as the interest rate is based on current market rates as well as the short maturity of those instruments.

(3)	The fair value of our long-term debt was calculated using discounted cash flows applying current interest rates and current credit spreads based on our own credit risk.

Derivative Instruments Notional Amount Outstanding

The following table shows the notional amount of the Company’s derivative instruments outstanding as of September 30, 2012 and December 31, 2011:


(DOLLARS IN THOUSANDS)	September 30, 2012		December 31, 2011
Forward currency contracts	$	145,373	$	147,078
Interest rate swaps	$	100,000	$	100,000

Derivative Instruments Measured at Fair Value


	September 30, 2012
(DOLLARS IN THOUSANDS)	Fair Value of Derivatives Designated as Hedging Instruments			Fair Value of Derivatives Not Designated as Hedging Instruments			Total Fair Value

Derivative assets ^(a)
Foreign currency contracts	$	2,150		$	2,031		$	4,181
Interest rate swaps		447			—			447

	$	2,597		$	2,031		$	4,628

Derivative liabilities ^(b)
Foreign currency contracts	$	3,850		$	1,325		$	5,175

	December 31, 2011
(DOLLARS IN THOUSANDS)	Fair Value of Derivatives Designated as Hedging Instruments			Fair Value of Derivatives Not Designated as Hedging Instruments			Total Fair Value

Derivative assets ^(a)
Foreign currency contracts	$	9,333		$	5,473		$	14,806
Interest rate swaps		286			—			286

	$	9,619		$	5,473		$	15,092

Derivative liabilities ^(b)
Foreign currency contracts	$	(3,368	)	$	(2,054	)	$	(5,422	)

^(a)	Derivative assets are recorded to Prepaid expenses and other current assets in the Consolidated Balance Sheet.

^(b)	Derivative liabilities are recorded as Other current liabilities in the Consolidated Balance Sheet.

Derivative Instruments Which were not Designated as Hedging Instruments


	Amount of (Loss) Gain Recognized in Income on Derivative						Location of (Loss) Gain Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments	For the three months ended September 30,						Location of (Loss) Gain Recognized in Income on Derivative
	2012			2011

Foreign currency contracts	$	(1,073	)	$	4,720		Other expense, net

	Amount of (Loss) Gain Recognized in Income on Derivative						Location of (Loss) Gain Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments	For the nine months ended September 30,						Location of (Loss) Gain Recognized in Income on Derivative
	2012			2011

Foreign currency contracts	$	5,010		$	(10,130	)	Other expense, net

Derivative Instruments Designated as Cash Flow and Net Investment Hedging Instruments


	Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)					Location of (Loss) Gain Reclassified from AOCI into Income (Effective Portion)	Amount of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)
	For the three months ended September 30,						For the three months ended September 30,
	2012			2011			2012			2011

Derivatives in Cash Flow Hedging Relationships:

Cross currency swap ⁽¹⁾	$	404		$	73	Other expense, net	$	(719	)	$	(655	)
Forward currency contracts		(4,351	)		5,329	Cost of goods sold		1,720			(1,217	)

Derivatives in Net Investment Hedging Relationships:

Forward currency contracts		(381	)		1,972	N/A		—			—


Total	$	(4,328	)	$	7,374		$	1,001		$	(1,872	)


	Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)						Location of (Loss) Gain Reclassified from AOCI into Income (Effective Portion)	Amount of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)
	For the nine months ended September 30,							For the nine months ended September 30,
	2012			2011				2012			2011

Derivatives in Cash Flow Hedging Relationships:

Cross currency swap ⁽¹⁾	$	1,437		$	743		Other expense, net	$	(2,093	)	$	(1,742	)
Forward currency contracts		(3,028	)		3,202		Cost of goods sold		2,680			(3,837	)

Derivatives in Net Investment Hedging Relationships:

Forward currency contracts		(68	)		(441	)	N/A		—			—


Total	$	(1,659	)	$	3,504			$	587		$	(5,579	)

⁽¹⁾	Ten year swap executed in 2003

Consolidated Financial Statements - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Significant Accounting Policies [Line Items]
Prior period reclassified amount from stock-based compensation to changes in other liabilities	$ 2.8
Allowance for doubtful accounts		$ 2.1
Increase in trade accounts receivable and the related allowance for doubtful accounts		$ 2.1

Reconciliation of Shares Used in Computation of Basic and Diluted Net Income Per Share (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Basic	81,246	80,644	81,241	80,381
Assumed dilution under stock plans	652	984	743	1,041
Diluted	81,898	81,628	81,984	81,422

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References + Details

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Net Income Per Share - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options and stock settled appreciation rights (SSAR's) excluded from calculation of diluted shares			132,200	78,000
Purchased Restricted Stock Outstanding As Percentage Of Common Stock			0.60%	0.60%
Net income allocated to PRS	$ 0.1	$ 0.5	$ 1.2	$ 1.5
Maximum
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Difference amount between basic and diluted net income per share			$ 0.01	$ 0.01

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Restructuring and Other Charges, Net - Additional Information (Detail) $ in Millions	3 Months Ended	9 Months Ended
	Dec. 31, 2011 USD ($) Positions	Sep. 30, 2012 USD ($)
Restructuring Cost and Reserve [Line Items]
Severance costs	$ 9.8
Number of positions eliminated \| Positions	72
Strategic Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Pre-tax restructuring charge, net		$ 1.7

- Definition

The charge against earnings in the period for known and estimated costs of termination benefits provided to current employees that are involuntarily terminated under a benefit arrangement associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding costs or losses pertaining to an entity newly acquired in a business combination or a discontinued operation as defined by generally accepted accounting principles and costs associated with one-time termination benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4(b))
-URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140904-122747

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(10)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140864-122747

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5-8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 5
-Section P
-Subsection 3, 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 146
-Paragraph 8-13, 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS146-1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 112
-Paragraph 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Changes in Restructuring Liabilities (Detail) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Restructuring Cost and Reserve [Line Items]

Balance

^[1]

$ 10,774

Additional charges, net

$ (645)

1,668

$ 3,368

Payments and other costs

(8,078)

Balance

^[1]

4,364

Strategic Initiative [Member]

Restructuring Cost and Reserve [Line Items]

Balance

^[1]

9,781

Additional charges, net

1,668

Payments and other costs

(7,737)

Balance

^[1]

3,712

European Rationalization [Member]

Restructuring Cost and Reserve [Line Items]

Balance

^[1]

993

Payments and other costs

(341)

Balance

^[1]

$ 652

[1]	$0.2 million and $0.6 million of the remaining employee-related liability is classified in Other liabilities as of September 30, 2012 and December 31, 2011, respectively, in the Consolidated Balance Sheet.

Changes in Restructuring Liabilities (Parenthetical) (Detail) - USD ($) $ in Millions	Sep. 30, 2012	Dec. 31, 2011
Restructuring Cost and Reserve [Line Items]
Employee-related liability	$ 0.2	$ 0.6

Schedule of Other Intangible Assets, Net (Detail) - USD ($)
$ in Thousands

Sep. 30, 2012

Dec. 31, 2011

Finite-Lived Intangible Assets [Line Items]

Gross carrying value

^[1]

$ 165,406

Accumulated amortization

(127,200)

(122,643)

Total

$ 38,206

$ 42,763

[1]	Includes patents, trademarks and other intellectual property, valued at acquisition.

Other Intangible Assets, Net - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Amortization expense	$ 1.5	$ 1.5	$ 4.6	$ 4.6
Estimated annual amortization, 2012	6.1		6.1
Estimated annual amortization, 2013	6.1		6.1
Estimated annual amortization, 2014	4.7		4.7
Estimated annual amortization, 2015	4.7		4.7
Estimated annual amortization, 2016	$ 4.7		$ 4.7

Components of Debt (Detail) - USD ($) $ in Thousands	9 Months Ended
Components of Debt (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Total debt	$ 903,680	$ 894,936
Less: Current portion of long-term debt	(226,722)	(116,688)
Total long-term debt	$ 676,958	778,248
Senior Notes - 2007 [Member]
Debt Instrument [Line Items]
Rate	6.40%
Credit facilities	$ 500,000	500,000
Senior Notes - 2007 [Member] \| Minimum
Debt Instrument [Line Items]
Maturities	2017
Senior Notes - 2007 [Member] \| Maximum
Debt Instrument [Line Items]
Maturities	2027
Senior Notes - 2006 [Member]
Debt Instrument [Line Items]
Rate	6.10%
Credit facilities	$ 225,000	225,000
Senior Notes - 2006 [Member] \| Minimum
Debt Instrument [Line Items]
Maturities	2013
Senior Notes - 2006 [Member] \| Maximum
Debt Instrument [Line Items]
Maturities	2016
Credit Facilities [Member]
Debt Instrument [Line Items]
Rate	1.45%
Maturities	2016
Credit facilities	$ 164,890	157,483
Bank Overdrafts And Other [Member]
Debt Instrument [Line Items]
Maturities	2012
Bank overdrafts and other	$ 4,279	1,488
Deferred Realized Gains On Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Deferred realized gains on interest rate swaps	$ 9,511	$ 10,965

Income Taxes - Additional Information (Detail) $ in Thousands, € in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012 USD ($)	Sep. 30, 2011 USD ($)	Sep. 30, 2012 USD ($)	Sep. 30, 2012 EUR (€)	Sep. 30, 2011 USD ($)	Sep. 30, 2012 EUR (€)
Income Taxes [Line Items]
Income tax penalties and interest expense			$ 5,400
Payments pursuant to Spanish tax settlement			105,503	€ 84.0
After-tax charge			72,400
Increased liabilities for uncertain tax positions			16,400
Expected reduction of bank guarantees			1,900	€ 1.5
Provision for uncertain tax positions	$ 46,400		$ 46,400			€ 3.6
Number of dividend withholding tax controversies			4	4
Effective tax rate	86.60%	26.90%	47.60%	47.60%	27.20%
Adjustment to increase accrued income tax	$ 2,600
Write-off of deferred tax assets		$ 5,800
Deferred income tax			$ (13,830)		$ 25,672
Adjustments on uncertain tax positions		$ 3,000
Spanish Income Tax [Member]
Income Taxes [Line Items]
Provision for uncertain tax positions	23,300		23,300
Spanish Tax Withholding [Member]
Income Taxes [Line Items]
Provision for uncertain tax positions	3,600		3,600
Deferred income tax			14,300
Foreign Subsidiaries [Member]
Income Taxes [Line Items]
Deferred income tax			10,600
2002-2003 [Member]
Income Taxes [Line Items]
Assessment imposed	28,300		28,300			22.0
Bank guarantees needed to be posted to proceed with tax appeals	27,800		$ 27,800			21.6
2002-2003 [Member] \| Minimum
Income Taxes [Line Items]
Income tax examination, years under examination			2002	2002
2002-2003 [Member] \| Maximum
Income Taxes [Line Items]
Income tax examination, years under examination			2003	2003
2004-2006 [Member]
Income Taxes [Line Items]
Assessment imposed	78,300		$ 78,300			62.8
Reduction amount related to outstanding bank guarantees			$ 77,400	€ 60.1
2004-2006 [Member] \| Minimum
Income Taxes [Line Items]
Income tax examination, years under examination			2004	2004
2004-2006 [Member] \| Maximum
Income Taxes [Line Items]
Income tax examination, years under examination			2006	2006
Two Thousand Seven To Two Thousand Eleven [Member] \| Minimum
Income Taxes [Line Items]
Income tax examination, years under examination			2007	2007
Two Thousand Seven To Two Thousand Eleven [Member] \| Maximum
Income Taxes [Line Items]
Income tax examination, years under examination			2011	2011
Two Thousand Four To Two Thousand Ten [Member]
Income Taxes [Line Items]
After-tax charge			$ 56,000
Two Thousand Four To Two Thousand Ten [Member] \| Spanish Income Tax [Member]
Income Taxes [Line Items]
Payments pursuant to Spanish tax settlement			105,700	€ 86.0
1995-2001 [Member]
Income Taxes [Line Items]
Assessment imposed	24,000		24,000			18.7
Bank guarantees needed to be posted to proceed with tax appeals	12,300		12,300			€ 9.6
Tax expense due to the recognition of out-of-period tax adjustments			14,300
After tax expense due to the recognition of out-of-period tax adjustments			12,400
Provision for uncertain tax positions	8,400		8,400
Payments made related to unfavorable rulings on foreign tax appeals			10,600
Amount of Interest related to unfavorable rulings on foreign tax appeals			$ 2,100
1995-2001 [Member] \| Minimum
Income Taxes [Line Items]
Income tax examination, years under examination			1995	1995
1995-2001 [Member] \| Maximum
Income Taxes [Line Items]
Income tax examination, years under examination			2001	2001
Other Liabilities [Member]
Income Taxes [Line Items]
Unrecognized tax benefits that would impact effective tax rate	34,600		$ 34,600
Accrued interest and penalties	7,300		7,300
Other Current Liabilities [Member]
Income Taxes [Line Items]
Unrecognized tax benefits that would impact effective tax rate	$ 4,500		$ 4,500

Stock-Based Compensation Expenses and Related Tax Benefits (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 4,870	$ 3,544	$ 17,713	$ 19,456
Less: tax benefit	(1,511)	(1,097)	(5,546)	(6,332)
Total stock-based compensation expense, after tax	3,359	2,447	12,167	13,124
Equity-Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	4,091	3,578	15,363	16,667
Liability-Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 779	$ (34)	$ 2,350	$ 2,789

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

Reportable Segment Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Segment Reporting Information [Line Items]
Net sales	$ 708,955	$ 713,775	$ 2,140,888	$ 2,143,635
Restructuring and other charges, net		645	(1,668)	(3,368)
Operating profit	134,175	128,600	387,389	379,942
Interest expense	(9,907)	(10,280)	(31,330)	(33,969)
Other expense, net	(2,424)	(5,846)	(1,333)	(12,957)
Income before taxes	121,844	112,474	354,726	333,016
Flavors [Member]
Segment Reporting Information [Line Items]
Net sales	340,674	340,610	1,051,932	1,024,604
Operating profit	76,145	71,162	236,458	221,119
Fragrances [Member]
Segment Reporting Information [Line Items]
Net sales	368,281	373,165	1,088,956	1,119,031
Operating profit	65,331	58,673	185,049	189,635
Global [Member]
Segment Reporting Information [Line Items]
Operating profit	$ (7,301)	$ (1,880)	$ (32,450)	$ (27,444)

Segment Reporting - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Segment Reporting Information [Line Items]
Net sales related to the U.S.	$ 171	$ 169	$ 506	$ 498
Net sales attributed to all foreign countries	$ 538	$ 545	$ 1,600	$ 1,600
Maximum percentage of total consolidated net sales attributed to any non-U.S. country	7.00%		7.00%

Pension and Other Defined Contribution Retirement Plan Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Defined Benefit Plan Disclosure [Line Items]
Loss due to settlements and special terminations			$ 874	$ 3,583
U. S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned	$ 938	$ 975	2,815	2,702
Interest cost on projected benefit obligation	6,002	6,266	18,005	18,280
Expected return on plan assets	(6,041)	(6,264)	(18,124)	(18,803)
Net amortization and deferrals	4,913	3,270	14,738	8,915
Loss due to curtailments				444
Net periodic benefit cost	5,812	4,247	17,434	11,538
Defined contribution and other retirement plans	1,651	675	5,515	4,333
Total expense	7,463	4,922	22,949	15,871
Non-U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned	3,064	2,601	9,422	7,825
Interest cost on projected benefit obligation	7,560	8,289	23,144	25,333
Expected return on plan assets	(9,813)	(11,141)	(32,701)	(33,830)
Net amortization and deferrals	1,589	1,294	4,810	3,999
Loss due to settlements and special terminations			874	3,877
Net periodic benefit cost	2,400	1,043	5,549	7,204
Defined contribution and other retirement plans	1,150	1,065	3,479	3,852
Total expense	$ 3,550	$ 2,108	$ 9,028	$ 11,056

Employee Benefits - Additional Information (Detail) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2012 USD ($)	Sep. 30, 2012 USD ($)
Non-U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Contribution to the plans	$ 4.1	$ 12.2
Postretirement Benefits Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to the plan		6.0
Contribution to other postretirement plans	1.3	3.9
Non-Qualified U.S. Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Contribution to the plans	1.0	3.0
Minimum \| Non-U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to the plan	15.0	15.0
Minimum \| Qualified U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to the plan	15.0	15.0
Maximum \| Non-U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to the plan	20.0	20.0
Maximum \| Qualified U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to the plan	$ 20.0	$ 20.0

Postretirement Benefits Other Than Pension Expenses (Detail) - Postretirement Benefits Plan [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned	$ 341	$ 368	$ 1,023	$ 884
Interest cost on projected benefit obligation	1,447	1,487	4,341	4,396
Net amortization and deferrals	(361)	(571)	(1,083)	(1,914)
Total postretirement benefit expense	$ 1,427	$ 1,284	$ 4,281	$ 3,366

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References + Details

- Definition

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Carrying Amount and Estimated Fair Values of Financial Instruments (Detail) - USD ($)
$ in Thousands

Sep. 30, 2012

Dec. 31, 2011

Carrying Amount [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Cash and cash equivalents

^[1]

$ 97,181

$ 88,279

Credit facilities and bank overdrafts

^[2]

169,169

158,971

Carrying Amount [Member] | Senior Notes - 2007 [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Long-term debt

^[3]

500,000

Carrying Amount [Member] | Senior Notes - 2006 [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Long-term debt

^[3]

225,000

Fair Value [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Cash and cash equivalents

^[1]

97,181

88,279

Credit facilities and bank overdrafts

^[2]

169,169

158,971

Fair Value [Member] | Senior Notes - 2007 [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Long-term debt

^[3]

629,543

617,000

Fair Value [Member] | Senior Notes - 2006 [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Long-term debt

^[3]

$ 246,689

$ 250,000

[1]	The carrying amount of cash and cash equivalents approximates fair value due to the short maturity of those instruments.
[2]	The carrying amount of our credit facilities and bank overdrafts approximates fair value as the interest rate is based on current market rates as well as the short maturity of those instruments.
[3]	The fair value of our long-term debt was calculated using discounted cash flows applying current interest rates and current credit spreads based on our own credit risk.

- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Company may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months.

+ References + Details

Financial Instruments - Additional Information (Detail) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2012 USD ($)	Sep. 30, 2011 USD ($)	Sep. 30, 2010	Sep. 30, 2012 USD ($)	Sep. 30, 2011 USD ($)
Derivatives, Fair Value [Line Items]
Number of interest rate swap agreements			2
Maturity period of interest rate swap agreements	3 years			3 years
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	$ 0.0	$ 0.0		$ 0.0	$ 0.0
Derivative gains included in AOCI				$ 2.5
Currency swap [Member]
Derivatives, Fair Value [Line Items]
Derivative instrument maturity period (years)				10 years
Forward currency contracts [Member]
Derivatives, Fair Value [Line Items]
Number of multiple forward currency contracts matured				4

Derivative Instruments Notional Amount Outstanding (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Forward currency contracts [Member]
Derivatives, Fair Value [Line Items]
Derivative instruments outstanding	$ 145,373	$ 147,078
Interest rate swap [Member]
Derivatives, Fair Value [Line Items]
Derivative instruments outstanding	$ 100,000	$ 100,000

Derivative Instruments Measured at Fair Value (Detail) - USD ($)
$ in Thousands

Sep. 30, 2012

^[1]

Dec. 31, 2011

^[2]

Derivatives, Fair Value [Line Items]

Total Fair Value, Derivative assets

$ 4,628

$ 15,092

Foreign currency contracts [Member]

Derivatives, Fair Value [Line Items]

Total Fair Value, Derivative assets

4,181

14,806

Total Fair Value, Derivative liabilities

5,175

(5,422)

Interest rate swap [Member]

Derivatives, Fair Value [Line Items]

Total Fair Value, Derivative assets

447

286

Fair Value of Derivatives Designated Designated as Hedging Instrument [Member]

Derivatives, Fair Value [Line Items]

Total Fair Value, Derivative assets

2,597

9,619

Fair Value of Derivatives Designated Designated as Hedging Instrument [Member] | Foreign currency contracts [Member]

Derivatives, Fair Value [Line Items]

Total Fair Value, Derivative assets

2,150

9,333

Total Fair Value, Derivative liabilities

3,850

(3,368)

Fair Value of Derivatives Designated Designated as Hedging Instrument [Member] | Interest rate swap [Member]

Derivatives, Fair Value [Line Items]

Total Fair Value, Derivative assets

447

286

Fair Value of Derivatives Not Designated as Hedging Instrument [Member]

Derivatives, Fair Value [Line Items]

Total Fair Value, Derivative assets

2,031

5,473

Fair Value of Derivatives Not Designated as Hedging Instrument [Member] | Foreign currency contracts [Member]

Derivatives, Fair Value [Line Items]

Total Fair Value, Derivative assets

2,031

5,473

Total Fair Value, Derivative liabilities

$ 1,325

$ (2,054)

[1]	Derivative assets are recorded to Prepaid expenses and other current assets in the Consolidated Balance Sheet.
[2]	Derivative liabilities are recorded as Other current liabilities in the Consolidated Balance Sheet.

Derivative Instruments Which were Not Designated as Hedging Instruments (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Foreign currency contracts [Member] \| Other (income) expense, net [Member] \| Fair Value of Derivatives Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Income on Derivative	$ (1,073)	$ 4,720	$ 5,010	$ (10,130)

- Definition

The amount of net gains and losses recognized in income during the period on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges, on derivative instruments designated and qualifying as hedging instruments in cash flow hedges, and on derivative instruments not designated as hedging instruments.

+ References + Details

Derivative Instruments Designated As Cash Flow And Net Investment Hedging Instruments (Detail) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Derivative Instruments, Gain (Loss) [Line Items]

Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)

$ (4,328)

$ 7,374

$ (1,659)

$ 3,504

Amount of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)

1,001

(1,872)

587

(5,579)

Currency swap [Member] | Cash flow hedging [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)

^[1]

404

1,437

743

Currency swap [Member] | Cash flow hedging [Member] | Other (income) expense, net [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Amount of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)

(719)

(655)

(2,093)

(1,742)

Forward currency contracts [Member] | Cash flow hedging [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)

(4,351)

5,329

(3,028)

3,202

Forward currency contracts [Member] | Cash flow hedging [Member] | Cost of goods sold [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Amount of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)

1,720

(1,217)

2,680

(3,837)

Forward currency contracts [Member] | Net investment hedging [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)

$ (381)

$ 1,972

$ (68)

$ (441)

[1]	Ten year swap executed in 2003

Commitments and Contingencies - Additional Information (Detail) - 9 months ended Sep. 30, 2012 € in Millions, $ in Millions	USD ($) yr	EUR (€) yr
Commitments And Contingencies [Line Items]
Bank guarantees related to appeals on income tax and indirect tax cases	$ 25.3
Available lines of credit	$ 71.5
Duration as potentially responsible party, years \| yr	20	20
Estimated maximum future costs of environmental liabilities for identified sites	$ 5.0
Number of liability insurers for potentially responsible party liability	3	3
Bank Guarantees And Standby Letters Of Credit [Member]
Commitments And Contingencies [Line Items]
Bank guarantees and letters of credit outstanding	$ 90.7
Reduction amount related to outstanding bank guarantees	77.4
Bank Guarantees [Member]
Commitments And Contingencies [Line Items]
The amount of bank guarantees related to governmental requirements on income tax disputes	42.0	€ 32.7
Pledged Assets [Member]
Commitments And Contingencies [Line Items]
The amount of pledged assets, principally PP&E to cover income tax and indirect tax assessments	$ 20.1