0000051253-22-000007 | 10-K | XBRL Viewer | International Flavors Fragrances INC

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CONSOLIDATED STATEMENT OF SHAREHOLDERS EQUITY - USD ($) $ in Millions	Total	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common stock [Member]	Capital in excess of par value [Member]	Retained earnings [Member]	Retained earnings [Member] Cumulative Effect, Period of Adoption, Adjustment [Member]	Accumulated other comprehensive (loss) income [Member]	Accumulated other comprehensive (loss) income [Member] Cumulative Effect, Period of Adoption, Adjustment [Member]	Treasury stock [Member]	Non-controlling interest [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of ASU	$ 6,043		$ 16	$ 3,794	$ 3,956		$ (702)		$ (1,031)	$ 10
Adoption of ASU \| Accounting Standards Update 2017-12 [Member]		$ 0				$ (1)		$ 1
Adoption of ASU \| Accounting Standards Update 2016-02 [Member]		23				23
Common stock, shares issued	128,526,137
Treasury Stock, Shares	(21,906,935)
Beginning Balance at Dec. 31, 2018	$ 6,043		16	3,794	3,956		(702)		(1,031)	10
Beginning Balance (Accounting Standards Update 2017-12 [Member]) at Dec. 31, 2018		0				(1)		1
Beginning Balance (Accounting Standards Update 2016-02 [Member]) at Dec. 31, 2018		23				$ 23
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	460				456					4
Gains (losses) on derivatives qualifying as hedges, net of tax	(3)						(3)
Cumulative translation adjustment	24	$ 23						$ 23
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	(36)						(36)
Pension liability and postretirement adjustment; net of tax	(36)
Cash dividends declared	(316)				(316)
Stock options/SSARs	8			7					$ 1
Stock options, shares									14,346
Vested restricted stock units and awards, value	(3)			(10)					$ 7
Vested restricted stock units and awards, shares									153,751
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	34			34
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(2)				0					(2)
Redeemable NCI	(2)			(2)
Ending Balance at Dec. 31, 2019	6,229		16	3,823	4,118		(717)		$ (1,023)	12
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of ASU	$ 6,229		16	3,823	4,118		(717)		(1,023)	12
Common stock, shares issued	128,526,137
Treasury Stock, Shares	(21,738,838)
Net income	$ 364				363					1
Gains (losses) on derivatives qualifying as hedges, net of tax	(9)						(9)
Cumulative translation adjustment	88						88
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	(60)						(60)
Pension liability and postretirement adjustment; net of tax	(60)
Cash dividends declared	(325)				(325)
Stock options/SSARs	3			0					$ 3
Stock options, shares									57,652
Vested restricted stock units and awards, value	(5)			(8)					$ 3
Vested restricted stock units and awards, shares									93,039
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	36			36
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(1)									(1)
Redeemable NCI	2			2
Ending Balance at Dec. 31, 2020	6,322		16	3,853	4,156		(698)		$ (1,017)	12
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of ASU	$ 6,322		16	3,853	4,156		(698)		(1,017)	12
Common stock, shares issued	128,526,137
Treasury Stock, Shares	(21,588,147)
Net income	$ 273				270					3
Gains (losses) on derivatives qualifying as hedges, net of tax	8						8
Cumulative translation adjustment	(848)						(848)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	115						115
Pension liability and postretirement adjustment; net of tax	115
Cash dividends declared	(785)				(785)
Stock options/SSARs	11			4					$ 7
Stock options, shares									159,222
Impact of N&B Merger	$ 15,976		18	15,936						22
Impact of Frutarom acquisition, shares	141,740,461
Vested restricted stock units and awards, value	$ (5)			(18)					$ 13
Vested restricted stock units and awards, shares									276,280
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	54			54
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(2)									(2)
Redeemable NCI	(2)			(2)
Ending Balance at Dec. 31, 2021	$ 21,117		35	19,826	3,641		(1,423)		$ (997)	35
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock Issued During Period, Shares, Conversion of Units	5,460,031
Stock Issued During Period, Value, Conversion of Units	$ 0		1	(1)
Adoption of ASU	$ 21,117		$ 35	$ 19,826	$ 3,641		$ (1,423)		$ (997)	$ 35
Common stock, shares issued	275,726,629
Treasury Stock, Shares	(21,152,645)

Debt - Schedule of Debt Maturities (Details)
$ in Millions

12 Months Ended

Dec. 31, 2021

USD ($)

Debt Instrument [Line Items]

$ 10,971

300

6,650

1,491

$ 2,530

Debt Instrument Redemption

However, no make-whole premium will be paid for redemptions of each note on or after the following date:


Note						Redemption Date


2023 Notes						February 1, 2023
2024 Euro Notes						December 14, 2023
2026 Euro Notes						June 25, 2026
2028 Notes						June 26, 2028
2047 Notes						December 1, 2046
2048 Notes						March 26, 2048

- Definition

Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

+ References + Details

Income Taxes - Schedule of Earnings before Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
U.S. loss before taxes	$ (493)	$ (142)	$ (110)
Foreign income before taxes	847	583	667
Income before taxes	$ 354	$ 441	$ 557

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

CONSOLIDATED STATEMENT OF CASH FLOWS (Parenthetical) $ in Millions	Dec. 31, 2021 USD ($)
Statement of Cash Flows [Abstract]
Commercial paper with original maturities greater than 3 months	$ 75

Income Taxes - Reconciliation of Effective Income Tax Rate (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Statutory tax rate	21.00%	21.00%	21.00%
Difference in effective tax rate on foreign earnings and remittances(1)	8.00%	(6.90%)	(6.80%)
Tax benefit from supply chain optimization	(5.80%)	(5.00%)	(1.00%)
Unrecognized tax benefit, net of reversals	0.70%	5.70%	3.40%
Tax impact on gains on business disposal	4.00%	0.00%	0.00%
Deferred taxes on deemed repatriation	2.70%	(0.20%)	0.80%
Global intangible low-taxed income	4.10%	5.30%	0.00%
Foreign-derived intangible income	(1.60%)	(0.30%)	(0.30%)
U.S. foreign tax credit - general limitation	(3.10%)	(1.90%)	(1.20%)
Research and development credit	(1.40%)	(1.00%)	(0.90%)
Acquisition costs	2.40%	1.00%	0.50%
Establishment (release) of valuation allowance on state deferred	(3.00%)	(0.40%)	1.70%
State and local taxes	(4.80%)	(0.60%)	(0.80%)
Other, net	(2.00%)	0.10%	1.00%
Effective tax rate	21.20%	16.80%	17.40%

Concentrations of Credit Risk	12 Months Ended
Concentrations of Credit Risk	Dec. 31, 2021
Risks and Uncertainties [Abstract]
Concentrations of Credit Risk	CONCENTRATIONS OF CREDIT RISKThe Company does not have significant concentrations of risk in financial instruments. Temporary investments are made in a well-diversified portfolio of high-quality, liquid obligations of government, corporate and financial institutions. There are also limited concentrations of credit risk with respect to trade receivables because the Company has a large number of customers who are spread across many industries and geographic regions. The Company’s larger customers are each spread across many sub-categories of its segments and geographical regions. The Company had no customer that accounted for more than 10% of its consolidated net sales for the years ended 2021, 2020 and 2019.

Redeemable Noncontrolling Interests (Tables)

12 Months Ended

Dec. 31, 2021

Noncontrolling Interest [Abstract]

Schedule of Redeemable Noncontrolling Interest

The following table sets forth the details of the Company's redeemable non-controlling interests:


(DOLLARS IN MILLIONS)	Redeemable Noncontrolling Interests
Balance at December 31, 2018	$	82
Acquired through acquisitions during 2019	24

Share of profit or loss attributable to redeemable noncontrolling interests	1
Redemption value adjustment for the current period	2
Measurement period adjustments	5

Dividends paid	(1)
Exercises of redeemable noncontrolling interests	(14)
Balance at December 31, 2019	$	99

Impact of foreign exchange translation	13
Share of profit or loss attributable to redeemable noncontrolling interests	3
Redemption value adjustment for the current period	(2)
Measurement period adjustments	(1)

Dividends paid	(2)
Exercises of redeemable noncontrolling interests	(12)
Balance at December 31, 2020	$	98

Impact of foreign exchange translation	1
Share of profit or loss attributable to redeemable noncontrolling interests	6
Redemption value adjustment for the current period	2

Dividends paid	(2)

Balance at December 31, 2021	$	105

Tangible Equity Units (Allocation of TEU) (Details)	Sep. 17, 2018 USD ($)
Tangible Equity Units [Line Items]
Fair Value per TEU	$ 50
Gross Proceeds	825,000,000
Less: Issuance costs	25,000,000
Net Proceeds	800,000,000
SPC
Tangible Equity Units [Line Items]
Fair Value per TEU	42
Gross Proceeds	686,000,000
Less: Issuance costs	21,000,000
Net Proceeds	665,000,000
Amortizing Note
Tangible Equity Units [Line Items]
Fair Value per TEU	8.45
Gross Proceeds	139,000,000
Less: Issuance costs	4,000,000
Net Proceeds	$ 135,000,000

Segment Information - Reportable Segment Information (Detail) - USD ($) $ in Millions		12 Months Ended
	Feb. 01, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Segment assets		$ 39,658	$ 13,555
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest		354	441	$ 557
Restructuring and Other Charges, net		(41)	(17)	(30)
Gain on Sale of Assets		1	(4)	(3)
Employee separation costs		4
Interest expense		(289)	(132)	(138)
Other income (expense), net		58	7	30
Revenue		11,656	5,084	5,140
Segment Adjusted Operating EBITDA		2,425	1,055	1,116
Shareholder Activism Related Costs		(7)	0	0
Business Divestiture Costs		(42)	0	0
Other Depreciation and Amortization		(1,156)	(325)	(323)
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Operational Improvement Initiatives		0	0	(2)
Restructuring and Other Charges, net		(41)	(17)	(30)
Gain on Sale of Assets		1	(4)	(3)
Employee separation costs		(29)	(3)	0
Legal Fees		0	(3)	(11)
Nourish
Segment Reporting Information [Line Items]
Restructuring and Other Charges, net		(32)	(10)	(17)
Health & Biosciences
Segment Reporting Information [Line Items]
Restructuring and Other Charges, net		(5)	0	(1)
Scent [Member]
Segment Reporting Information [Line Items]
Restructuring and Other Charges, net		(3)	(7)	(12)
Pharma Solutions
Segment Reporting Information [Line Items]
Restructuring and Other Charges, net		(1)	0	0
Operating Segments [Member] \| Nourish
Segment Reporting Information [Line Items]
Segment assets		17,449	8,534
Revenue		6,264	2,886	2,978
Segment Adjusted Operating EBITDA		1,172	599	658
Operating Segments [Member] \| Health & Biosciences
Segment Reporting Information [Line Items]
Segment assets		14,774	1,375
Revenue		2,329	134	129
Segment Adjusted Operating EBITDA		625	40	33
Operating Segments [Member] \| Scent [Member]
Segment Reporting Information [Line Items]
Segment assets		4,078	3,646
Revenue		2,254	2,064	2,033
Segment Adjusted Operating EBITDA		463	416	425
Operating Segments [Member] \| Pharma Solutions
Segment Reporting Information [Line Items]
Segment assets		3,357	0
Revenue		809	0	0
Segment Adjusted Operating EBITDA		165	0	0
Nutrition & Biosciences, Inc [Member]
Segment Reporting Information [Line Items]
Acquisition Related Costs	$ (75)
Transaction costs		91	29		$ 21
Nutrition & Biosciences, Inc [Member] \| Corporate and Other [Member]
Segment Reporting Information [Line Items]
Acquisition Related Costs		(91)	(29)	(21)
Integration Related Costs		(101)	(97)	0
Business Combination, Inventory Step-Up Costs		(368)	0	0
Frutarom Industries Ltd. [Member] \| Corporate and Other [Member]
Segment Reporting Information [Line Items]
Acquisition Related Costs		(2)	(1)	(6)
Integration Related Costs		$ (4)	$ (10)	$ (55)

Stock Compensation Plans - SSAR's and Stock Option Exercisable (Detail) - SSAR's and Stock Options [Member] - Over $115 [Member] $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercisable options, upper range limit	$ 115
Number Exercisable (in shares) \| shares	235
Weighted Average Remaining Contractual Life (in years)	4 years 7 months 24 days
Weighted Average Exercise Price (in dollars per share)	$ 109.77
Aggregate Intrinsic Value \| $	$ 10,000

Income Taxes - Schedule of Reconciliation between U.S. Federal Statutory Income Tax Rate to Actual Effective Tax Rate (Detail)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Statutory tax rate	21.00%	21.00%	21.00%
Release of valuation allowance on state deferred	(3.00%)	(0.40%)	1.70%
State and local taxes	(4.80%)	(0.60%)	(0.80%)
Other, net	(2.00%)	0.10%	1.00%
Effective tax rate	21.20%	16.80%	17.40%

Business Divestiture

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Business Divestiture

BUSINESS DIVESTITURES

Fruit Preparation

During the second quarter of 2021, the Company entered into an agreement to divest its fruit preparation business, which is a part of the Nourish segment. The transaction closed on October 1, 2021, with the Company receiving cash proceeds of approximately $115 million in the third quarter of 2021, net of tax of approximately $12 million.

ASSETS HELD FOR SALE

Microbial Control

During the third quarter of 2021, the Company announced it had entered into an agreement to sell its Microbial Control business unit, which is a part of the Health & Biosciences segment. The Company acquired the Microbial Control business unit as part of the Merger with N&B.

The Company classifies assets as "held for sale" when, among other factors, management approves and commits to a formal plan of sale with the expectation the sale will be completed within one year. Pursuant to ASC 360, assets held for sale were recorded at the lower of carrying value or the fair market value, less costs to sell. The sale does not constitute a strategic shift of the Company’s operations and does not, and will not, have major effects on the Company’s operations and financial results; therefore, the transaction does not meet the discontinued operations criteria.

Based on the agreement to sell, it was determined that the assets and liabilities of the Microbial Control business unit met the criteria to be presented as “held for sale." As a result, as of December 31, 2021, such assets and liabilities were classified as held for sale and are reported on the Consolidated Balance Sheets. The Company expects that the transaction will close for approximately $1.273 billion in the second quarter of 2022 and that the sale proceeds less costs to sell will exceed the carrying value of the net assets.

Included in the Company's Consolidated Balance Sheets as of December 31, 2021 are the following carrying amounts of the assets and liabilities held for sale:


(DOLLARS IN MILLIONS)	December 31, 2021
Assets
Trade receivables, net	$	63
Inventories	125
Property, plant and equipment, net	30
Goodwill	536
Other intangible assets, net	349
Operating lease right-of-use assets	5
Other assets	14
Total assets held-for-sale	$	1,122
Liabilities
Accounts payable	$	69
Deferred tax liability	24
Other liabilities	8
Total liabilities held-for-sale	$	101

Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt Instrument [Line Items]

Components of Debt

Debt consisted of the following at December 31:


(DOLLARS IN MILLIONS)	Effective Interest Rate		2021		2020
2021 Euro Notes(1)	0.82	%	$	—	$	368
2022 Notes(3)	0.69	%	300		—
2023 Notes(1)	3.30	%	300		299
2024 Euro Notes(1)	1.88	%	565		614
2025 Notes(3)	1.22	%	1,001		—
2026 Euro Notes(1)	1.93	%	900		978
2027 Notes(3)	1.56	%	1,218		—
2028 Notes(1)	4.57	%	397		397
2030 Notes(3)	2.21	%	1,511		—
2040 Notes(3)	3.04	%	775		—
2047 Notes(1)	4.44	%	494		494
2048 Notes(1)	5.12	%	786		786
2050 Notes(3)	3.21	%	1,572		—
2018 Term Loan Facility(1)	3.65	%	—		240
2022 Term Loan Facility(1)	1.73	%	—		199
2024 Term Loan Facility(3)	1.43	%	625		—
2026 Term Loan Facility(3)	1.82	%	625		—
Amortizing Notes(1)	6.09	%	—		36
Commercial Paper(4)	—	%	324		—
Bank overdrafts and other			7		2
Total debt			$	11,400	$	4,413
Less: Short term borrowings(2)			(632)		(634)
Total Long-term debt			$	10,768	$	3,779

_______________________

(1)Amount is net of unamortized discount and debt issuance costs.

(2)Includes bank borrowings, overdrafts, current portion of long-term debt and commercial paper.

(3)Assumed by the Company as part of the N&B Merger and recorded at fair value.

(4)The effective interest rate of commercial paper issuances fluctuate as short-term interest rates and demand fluctuate, and deferred debt issuance costs are immaterial. Additionally, the effective interest rate of commercial paper is not meaningful as issuances do not materially differ from short-term interest rates. Proceeds from the issuance of commercial paper include $75 million of proceeds with original maturities greater than three months.

Debt Instrument Redemption

However, no make-whole premium will be paid for redemptions of each note on or after the following date:


Note						Redemption Date


2023 Notes						February 1, 2023
2024 Euro Notes						December 14, 2023
2026 Euro Notes						June 25, 2026
2028 Notes						June 26, 2028
2047 Notes						December 1, 2046
2048 Notes						March 26, 2048

Schedule of Maturities of Long-term Debt

The following table shows the contractual maturities of the Company's long-term debt as of December 31, 2021.


	Payments Due by Period
(DOLLARS IN MILLIONS)	Total		Less than 1 Year		1-3 Years		3-5 Years		More than 5 Years
Total Outstanding Borrowings	$	10,971	$	300	$	1,491	$	2,530	$	6,650

Nutrition & Biosciences, Inc [Member]

Debt Instrument [Line Items]

Debt Instrument Redemption

The redemption dates of each of the N&B Senior Notes are provided in the table below:


Notes			Redemption Date
2022 Notes			September 15, 2022
2025 Notes			September 1, 2025
2027 Notes			August 15, 2027
2030 Notes			August 1, 2030
2040 Notes			May 15, 2040
2050 Notes			June 1, 2050

Debt - Additional Information (Detail) $ / shares in Units, € in Millions											12 Months Ended
	Sep. 30, 2021 USD ($)	Sep. 29, 2021 USD ($)	Sep. 25, 2021 EUR (€)	Jul. 28, 2021 USD ($)	Sep. 17, 2018 USD ($) $ / shares	Jun. 06, 2018 USD ($)	May 18, 2017 USD ($)	Mar. 14, 2016 USD ($)	Mar. 14, 2016 EUR (€)	Apr. 04, 2013 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2020 USD ($)	Aug. 25, 2020 USD ($)	Sep. 25, 2018 USD ($)	Sep. 25, 2018 EUR (€)	Mar. 14, 2016 EUR (€)
Schedule Of Borrowings [Line Items]
Amount still available for additional borrowings											$ 2,000,000,000
Debt											$ 11,400,000,000		$ 4,413,000,000
Gross Proceeds					$ 825,000,000
Quarterly installments \| $ / shares					$ 0.75
Initial installment \| $ / shares					$ 0.7333
Interest and partial repayment of principal					3.79%
Repurchase price of principal amount of Senior Notes in percentage											101.00%
Revolving Loan Facility [Member]
Schedule Of Borrowings [Line Items]
Revolving credit facility														$ 1,000,000,000
Term Loan Credit Agreement [Member]
Schedule Of Borrowings [Line Items]
Repayments of Debt	$ 120,000,000	$ 120,000,000										$ 110,000,000
Senior Notes, Euro Notes, 2021 [Member]
Schedule Of Borrowings [Line Items]
Repayments of Debt \| €			€ 300
Interest rate of debt															0.50%	0.50%
Senior notes \| €																€ 300
Senior Notes, Euro Notes, 2024 [Member]
Schedule Of Borrowings [Line Items]
Senior notes \| €																	€ 500
Interest rate of debt								1.75%									1.75%
Loans Payable [Member] \| Senior Notes, Euro Notes, 2024 [Member]
Schedule Of Borrowings [Line Items]
Senior notes											$ 565,000,000		614,000,000
Interest rate of debt											1.88%
Senior Notes, Euro Notes, 2021 [Member]
Schedule Of Borrowings [Line Items]
Debt															$ 350,000,000	298
Senior Notes, Euro Notes, 2026 [Member]
Schedule Of Borrowings [Line Items]
Debt															$ 932,000,000	€ 794
Senior Notes - 2023 [Member]
Schedule Of Borrowings [Line Items]
Senior notes discount										$ 1,000,000
Proceeds related to the issuance of Senior Notes										298,000,000
Underwriting discount										2,000,000
Other deferred costs										$ 1,000,000
Senior notes - 2047 [Member]
Schedule Of Borrowings [Line Items]
Debt, face amount							$ 500,000,000
Senior notes discount							2,000,000
Proceeds related to the issuance of Senior Notes							494,000,000
Underwriting discount							4,000,000
Other deferred costs							1,000,000
Gain (loss) on pre-issuance hedges							$ (5,000,000)
Senior Notes, Euro Notes, 2024 [Member]
Schedule Of Borrowings [Line Items]
Debt instrument, term								8 years	8 years
Interest rate of debt								1.75%									1.75%
Senior notes discount \| €																	€ 1
Proceeds related to the issuance of Senior Notes \| €									€ 496
Underwriting discount \| €																	€ 3
Other deferred costs								$ 1,000,000
Gain (loss) on pre-issuance hedges								$ (3,000,000)
Citibank, N.A [Member] \| Revolving Loan Facility [Member]
Schedule Of Borrowings [Line Items]
Revolving credit facility				$ 2,000,000,000							$ 1,025,000,000.000
Debt related commitment fees and debt issuance costs						$ 1,000,000
Line of credit											$ 0
Citibank, N.A [Member] \| Revolving Loan Facility [Member] \| Minimum [Member]
Schedule Of Borrowings [Line Items]
Maximum ratio of net debt to EBI TDA with step-downs over time											3.50
Citibank, N.A [Member] \| Revolving Loan Facility [Member] \| Maximum [Member]
Schedule Of Borrowings [Line Items]
Maximum ratio of net debt to EBI TDA with step-downs over time											4.75
Citibank, N.A [Member] \| Base Rate [Member] \| Revolving Loan Facility [Member] \| Minimum [Member]
Schedule Of Borrowings [Line Items]
Margin on variable rate				0.00%
Citibank, N.A [Member] \| Base Rate [Member] \| Revolving Loan Facility [Member] \| Maximum [Member]
Schedule Of Borrowings [Line Items]
Margin on variable rate				0.625%
Citibank, N.A [Member] \| Eurocurrency Rate \| Revolving Loan Facility [Member] \| Minimum [Member]
Schedule Of Borrowings [Line Items]
Margin on variable rate				1.00%
Citibank, N.A [Member] \| Eurocurrency Rate \| Revolving Loan Facility [Member] \| Maximum [Member]
Schedule Of Borrowings [Line Items]
Margin on variable rate				1.625%
Carrying Amount [Member] \| Senior Notes - 2028 [Member]
Schedule Of Borrowings [Line Items]
Senior notes											$ 397,000,000		397,000,000
Carrying Amount [Member] \| Senior Notes - 2048 [Member]
Schedule Of Borrowings [Line Items]
Senior notes											$ 786,000,000		$ 786,000,000
Amortizing Note
Schedule Of Borrowings [Line Items]
Gross Proceeds					$ 139,000,000

Leases - Schedule of Lease Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease, less than 1 year	$ 127
Lessee, Operating Lease, Liability, to be Paid, Year Two	97
Lessee, Operating Lease, Liability, to be Paid, Year Three	82
Lessee, Operating Lease, Liability, to be Paid, Year Four	78
Lessee, Operating Lease, Liability, to be Paid, Year Five	73
Operating lease, After 5 years	459
Less Imputed Interest	(137)
Operating Lease, Liability	779	$ 306
Lessee, Operating Lease, Liability, to be Paid, Total	916
Financing lease, less than 1 year	7
Finance Lease, Liability, to be Paid, Year Two	5
Finance Lease, Liability, to be Paid, Year Three	3
Finance Lease, Liability, to be Paid, Year Four	2
Finance Lease, Liability, to be Paid, Year Five	2
Financing lease, After 5 years	2
Less Imputed Interest	(1)
Finance Lease, Liability	20	$ 7
Finance Lease, Liability, Payment, Due, Total	21
Lessee, Operating and Finance Lease, Liability, to be Paid, Year One	134
Lessee, Operating and Finance Lease, Liability, to be Paid, Year Two	102
Lessee, Operating and Finance Lease, Liability, to be Paid, Year Three	85
Lessee, Operating and Finance Lease, Liability, to be Paid, Year Four	80
Lessee, Operating and Finance Lease, Liability, to be Paid, Year Five	75
Lessee, Operating and Finance Lease, Liability, to be Paid, after Year Five	461
Lessee, Operating and Finance Lease, Payments, Due	937
Lessee, Operating and Finance Lease, Liability, Undiscounted Excess Amount	138
Operating and Finance Lease, Liability	$ 799

Stock Compensation Plans - Stock-Based Compensation Expense Included in Consolidated Statement of Income and Comprehensive Income (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation	$ 62	$ 40	$ 38
Less tax benefit	(13)	(8)	(7)
Total stock-based compensation, net of tax	49	32	31
Equity-based awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation	54	36	34
Liability-based awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation	$ 8	$ 4	$ 4

Financial Instruments

12 Months Ended

Dec. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments

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 the Company's 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 the Company to use observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. The Company determines 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. The Company does not have any instruments classified as Level 3, other than those included in pension asset trusts included in Note 15. These valuations take into consideration the Company's credit risk and its counterparties’ credit risk.

The carrying value and the estimated fair values of financial instruments at December 31 consisted of the following:


	2021				2020
(DOLLARS IN MILLIONS)	Carrying Value		Fair Value		Carrying Value		Fair Value
LEVEL 1
Cash and cash equivalents(1)	$	711	$	711	$	650	$	650
2025 Notes(6)	1,001		968		—		—
2027 Notes(6)	1,218		1,180		—		—
2030 Notes(6)	1,511		1,466		—		—
2040 Notes(6)	775		762		—		—
2050 Notes(6)	1,572		1,556		—		—
LEVEL 2
Credit facilities and bank overdrafts(2)	7		7		2		2
Derivatives
Derivative assets(3)	—		—		1		1
Derivative liabilities(3)	7		7		29		29
Commercial paper(2)	324		324		—		—
Long-term debt:
2021 Euro Notes(4)	—		—		368		370
2022 Notes(4)	300		300		—		—
2023 Notes(4)	300		308		299		316
2024 Euro Notes(4)	565		585		614		648
2026 Euro Notes(4)	900		960		978		1,061
2028 Notes(4)	397		452		397		472
2047 Notes(4)	494		585		494		608
2048 Notes(4)	786		1,026		786		1,059
2018 Term Loan Facility(2)	—		—		240		240
2022 Term Loan Facility(2)	—		—		199		200
2024 Term Loan Facility(7)	625		625		—		—
2026 Term Loan Facility(7)	625		625		—		—
Amortizing Notes(5)	—		—		36		37

_______________________

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

(2)The carrying amount approximates fair value as the interest rate is reset frequently based on current market rates as well as the short maturity of those instruments.

(3)The carrying amount approximates fair value as the instruments are marked-to-market and held at fair value on the Consolidated Balance Sheets.

(4)The fair value of the Company's long-term debt was calculated using discounted cash flows applying current interest rates and current credit spreads based on its own credit risk.

(5)The fair value of the Amortizing Notes of the TEUs was based on the most recently quoted price for the outstanding securities, adjusted for any known significant deviation in value. The estimated fair value of these long-term obligations is not necessarily indicative of the amount that would be realized in a current market exchange.

(6)The fair value of the Notes is based on marketed quoted price as there is an active market for the Notes and observable market data and inputs.

(7)The carrying amount approximates fair value as the Term Loans were assumed at fair value and the interest rate is reset frequently based on current market rates.

Derivatives

Forward Currency Forward Contracts

The Company periodically enters into foreign currency forward contracts with the objective of reducing exposure to cash flow volatility associated with its 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.

Commodity Contracts

The Company utilizes options, futures and swaps that are not designated as hedging instruments to reduce exposure to commodity price fluctuations on purchases of inventory such as soybeans, soybean oil and soybean meal.

Cash Flow Hedges

The Company 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 forecasted U.S. dollar ("USD") denominated raw material purchases made by Euro ("EUR") functional currency entities which result from changes in the EUR/USD exchange rate. 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 Statements of Income and Comprehensive Income (Loss). 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 Statements of Income and Comprehensive Income (Loss) in the same period as the related costs are recognized.

Hedges Related to Issuances of Debt

Subsequent to the issuance of the 2021 Euro Notes and 2026 Euro Notes during the third quarter of 2018, the Company designated the debt as a hedge of a portion of its net European investments. Accordingly, the change in the value of the debt that is attributable to foreign exchange movements is recorded in OCI as a component of foreign currency translation adjustments in the accompanying Consolidated Statements of Income and Comprehensive Income (Loss).

Subsequent to the issuance of the 2024 Euro Notes during the first quarter of 2016, the Company designated the debt as a hedge of a portion of its net European investments. Accordingly, the change in the value of the debt that is attributable to foreign exchange movements is recorded in OCI as a component of foreign currency translation adjustments in the accompanying Consolidated Statements of Income and Comprehensive Income (Loss).

During the first quarter of 2016, the Company entered into and terminated two Euro interest rate swap agreements to hedge the anticipated issuance of fixed-rate debt. These swaps were designated as cash flow hedges. The effective portions of cash flow hedges are recorded in OCI as a component of Losses on derivatives qualifying as hedges in the accompanying Consolidated Statements of Income and Comprehensive Income (Loss). The Company incurred a loss of €3 million ($3 million) due to the termination of these swaps. The loss is being amortized as interest expense over the life of the 2024 Euro Notes as discussed in Note 9.

During the fourth quarter of 2016 and the first quarter of 2017, the Company entered into interest rate swap agreements to hedge the anticipated issuance of fixed-rate debt, which are designated as cash flow hedges. The various hedge instruments were settled upon issuance of the debt on May 18, 2017 and resulted in a loss of approximately $5 million. As discussed in Note 9, the loss is being amortized as interest expense over the life of the 2047 Notes.

Cross Currency Swaps

During the third quarter of 2019, the Company entered into a transaction to unwind the four cross currency swaps designated as net investment hedges issued in the fourth quarter of 2018 and received proceeds of $34 million, including $8 million of interest income. The gain arising from the termination of the swaps has been included as a component of Accumulated other comprehensive loss. Following the termination of the existing swaps, (during the third quarter of 2019,) the Company entered into four new EUR/USD cross currency swaps that mature through May 2023. The swaps all qualified as net investment hedges in order to mitigate a portion of the Company's net European investments from foreign currency risk. During the third quarter of 2020, the Company entered into a transaction to unwind two of the swaps issued in the third quarter of 2019 and paid proceeds of $15 million, net of accrued interest receivable of $2 million. The loss arising from the termination of the swaps has been included as a component of accumulated other comprehensive loss. As of December 31, 2021, the two remaining swaps were in a net liability position with an aggregate fair value of $5 million which was classified as other current liabilities. Changes in fair value related to cross currency swaps are recorded in OCI.

The following table shows the notional amount of the Company’s derivative instruments outstanding as of December 31, 2021 and December 31, 2020:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Foreign currency contracts	$	46	$	221
Commodity contracts	10		—
Cross currency swaps	300		300

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 December 31, 2021 and December 31, 2020:


	December 31, 2021
(DOLLARS IN MILLIONS)	Fair Value of Derivatives Designated as Hedging Instruments		Fair Value of Derivatives Not Designated as Hedging Instruments		Total Fair Value
Derivative assets(1)
Foreign currency contracts	$	—	$	—	$	—



Derivative liabilities(2)
Foreign currency contracts	$	—	$	2	$	2
Cross currency swaps	5		—		5
Total derivative liabilities	$	5	$	2	$	7


	December 31, 2020
(DOLLARS IN MILLIONS)	Fair Value of Derivatives Designated as Hedging Instruments		Fair Value of Derivatives Not Designated as Hedging Instruments		Total Fair Value
Derivative assets(1)
Foreign currency contracts	$	—	$	1	$	1


Derivative liabilities(2)
Foreign currency contracts	$	6	$	—	$	6
Cross currency swaps	23		—		23
Total derivative liabilities	$	29	$	—	$	29

_______________________

(1)Derivative assets are recorded to Prepaid expenses and other current assets in the Consolidated Balance Sheets.

(2)Derivative liabilities are recorded as Other current liabilities in the Consolidated Balance Sheets.

The following table shows the effect of the Company’s derivative instruments which were not designated as hedging instruments in the Consolidated Statements of Income and Comprehensive Income (Loss) for the years ended December 31, 2021 and December 31, 2020:


(DOLLARS IN MILLIONS)	Amount of Gain (Loss) For the year ended December 31,				Location of Gain (Loss) Recognized in Income on Derivative
	2021		2020
Foreign currency contracts	$	6	$	9	Other (income) expense, net

These net gains (losses) mostly offset any recognized gains (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, net of tax, in the Consolidated Statements of Income and Comprehensive Income (Loss) for the years ended December 31, 2021 and December 31, 2020:


	Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)				Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
	For the years ended December 31,					For the years ended December 31,
(DOLLARS IN MILLIONS)	2021		2020			2021		2020
Derivatives in Cash Flow Hedging Relationships:

Foreign currency contracts	$	7	$	(10)	Cost of goods sold	$	(6)	$	5
Interest rate swaps (1)	1		1		Interest expense	(1)		(1)
Derivatives in Net Investment Hedging Relationships:

Cross currency swaps	14		(13)		N/A	—		—
Non-Derivatives in Net Investment Hedging Relationships:
2024 Euro Notes	38		(42)		N/A	—		—
2021 Euro Notes & 2026 Euro Notes	72		(92)		N/A	—		—
Total	$	132	$	(156)		$	(7)	$	4

_______________________

(1)Interest rate swaps were entered into as pre-issuance hedges for the Company's bond offerings.

The ineffective portion of the above noted cash flow hedges and net investment hedges was not material for the years ended December 31, 2021 and 2020.

At December 31, 2021, based on current market rates, the Company does not expect any derivative losses (net of tax), included in AOCI, to be reclassified into earnings within the next 12 months.

Goodwill and Other Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Operating Segment

Goodwill

In the first quarter of 2021, in connection to the Merger, the Company reorganized its reporting structure. In connection with this reorganization, goodwill was reassigned among reporting units using a relative fair value approach based on the fair value of the elements transferred and the fair value of the elements remaining within the original reporting units. The Company tested goodwill for impairment on a pre-reorganization basis and determined there was no impairment for the affected reporting units. In connection with the reorganization, $985 million of goodwill previously included in the legacy Taste segment, now the Nourish segment, was moved to the Scent and Health & Biosciences segments amounting to $257 million and $728 million, respectively.

Movements in goodwill attributable to each reportable segment during the years ended December 31, 2020 and 2021 were as follows:


(DOLLARS IN MILLIONS)	Nourish		Health & Biosciences		Scent		Pharma Solutions		Total
Balance at December 31, 2019	$	4,873	$	—	$	624	$	—	$	5,497


Measurement period adjustment(1)	(15)		—		—		—		(15)
Foreign exchange	86		—		25		—		111
Reallocation	(85)		—		85		—		—

Balance at December 31, 2020	4,859		—		734		—		5,593
Acquisitions(2)	2,900		6,712		876		1,329		11,817

Transferred to assets held for sale	—		(536)		—		—		(536)
Reduction from business divestiture	(27)		—		—		—		(27)
Foreign exchange	(192)		(155)		(39)		(47)		(433)
Reallocation	(985)		728		257		—		—

Balance at December 31, 2021	$	6,555	$	6,749	$	1,828	$	1,282	$	16,414

_______________________

(1)Measurement period adjustments relate to the 2019 Acquisition Activity.

(2)Acquisitions relate to the Merger with N&B. See Note 3 for additional information.

Schedule of Other Intangible Assets

Other intangible assets, net consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Asset Type
Customer relationships	$	8,935	$	2,728
Technological know-how	2,494		479
Trade names & patents	411		187
Other	50		38
Total carrying value	11,890		3,432
Accumulated Amortization
Customer relationships	(887)		(470)
Technological know-how	(388)		(168)
Trade names & patents	(68)		(38)
Other	(41)		(29)
Total accumulated amortization	(1,384)		(705)
Other intangible assets, net	$	10,506	$	2,727

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Amortization expense for the next five years and thereafter, based on valuations and determinations of useful lives, is expected to be as follows:


	December 31,
(DOLLARS IN MILLIONS)	2022		2023		2024		2025		2026
Estimated future intangible amortization expense	$	758	$	749	$	748	$	746	$	743

Restructuring and Other Charges (Tables)

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Movements in Restructuring and Related Accruals

Movements in severance-related accruals during 2019, 2020 and 2021 are as follows:


(DOLLARS IN MILLIONS)	Balance at January 1, 2019		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at December 31, 2019
2017 Productivity Program
Severance	$	4	$	(2)	$	—	$	(1)	$	1

Other(1)	1		—		—		(1)		—
Frutarom Integration Initiative
Severance	—		6		—		(2)		4
Fixed asset write down	—		1		(1)		—		—
Other(1)	—		4		—		(1)		3
2019 Severance Program
Severance	—		21		—		(8)		13


Total restructuring	$	5	$	30	$	(1)	$	(13)	$	21


(DOLLARS IN MILLIONS)	Balance at January 1, 2020		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at December 31, 2020
2017 Productivity Program
Severance	$	1	$	(1)	$	—	$	—	$	—


Frutarom Integration Initiative
Severance	4		2		—		(3)		3
Fixed asset write down	—		12		(12)		—		—
Other(1)	3		2		—		(2)		3
2019 Severance Program
Severance	13		(1)		—		(6)		6






Other Restructuring Charges
Severance	—		3		—		(1)		2


Total restructuring	$	21	$	17	$	(12)	$	(12)	$	14


(DOLLARS IN MILLIONS)	Balance at January 1, 2021		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at December 31, 2021




Frutarom Integration Initiative
Severance	$	3	$	5	$	—	$	(3)	$	5
Fixed asset write down	—		5		(5)		—		—
Other(1)	3		—		—		—		3
2019 Severance Program
Severance	6		—		—		(1)		5


Other Restructuring Charges
Severance	2		—		—		(1)		1

Other(2)	—		1		—		(1)		—
N&B Merger Restructuring Liability
Severance	—		27		—		(12)		15

Other(3)	—		3		(3)		—		—
Total restructuring	$	14	$	41	$	(8)	$	(18)	$	29

_______________________

(1)Includes supplier contract termination costs, consulting and advisory fees.

(2)Includes charges related to legal settlement costs.

(3)Includes lease impairment charges incurred from the Merger with N&B.

Charges by Segment

The following table summarizes the total amount of costs incurred in connection with these restructuring programs by segment:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Nourish	$	32	$	10	$	17
Health & Biosciences	5		—		1
Scent	3		7		12
Pharma Solutions	1		—		—
Total Restructuring and other charges	$	41	$	17	$	30

Stock Compensation Plans - RSU, PRS and Cash RSU Activity (Detail) shares in Thousands	12 Months Ended
	Dec. 31, 2021 $ / shares shares
RSU's [Member]
Number of Shares
Beginning balance (in shares) \| shares	525
Granted (in shares) \| shares	344
Vested (in shares) \| shares	(314)
Forfeited (in shares) \| shares	(37)
Assumed (in shares) \| shares	259
Ending balance (in shares) \| shares	777
Weighted Average Grant Date Fair Value Per Share
Beginning balance (in dollars per share) \| $ / shares	$ 126.62
Granted (in dollars per share) \| $ / shares	136.71
Vested (in dollars per share) \| $ / shares	119.99
Forfeited (in dollars per share) \| $ / shares	128.79
Assumed (in dollars per share) \| $ / shares
Ending balance (in dollars per share) \| $ / shares	$ 126.20
Restricted Stock [Member]
Number of Shares
Beginning balance (in shares) \| shares	193
Granted (in shares) \| shares	62
Vested (in shares) \| shares	(95)
Forfeited (in shares) \| shares	(5)
Ending balance (in shares) \| shares	155
Weighted Average Grant Date Fair Value Per Share
Beginning balance (in dollars per share) \| $ / shares	$ 136.37
Granted (in dollars per share) \| $ / shares	144.67
Vested (in dollars per share) \| $ / shares	138.41
Forfeited (in dollars per share) \| $ / shares	141.81
Ending balance (in dollars per share) \| $ / shares	$ 138.36
Cash RSU's [Member]
Number of Shares
Beginning balance (in shares) \| shares	111
Granted (in shares) \| shares	51
Vested (in shares) \| shares	(37)
Forfeited (in shares) \| shares	(9)
Ending balance (in shares) \| shares	116
Weighted Average Grant Date Fair Value Per Share
Beginning balance (in dollars per share) \| $ / shares	$ 108.84
Granted (in dollars per share) \| $ / shares	150.65
Vested (in dollars per share) \| $ / shares	141.58
Forfeited (in dollars per share) \| $ / shares	140.43
Ending balance (in dollars per share) \| $ / shares	$ 150.65

Income Taxes - Schedule of Income Tax Provision (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current tax provision
Federal	$ (5)	$ (9)	$ 10
State and local	13	1	0
Foreign	303	150	146
Total current income tax provision	311	142	156
Deferred tax provision
Federal	(121)	(8)	(41)
State and local	(34)	(2)	8
Foreign	(81)	(58)	(26)
Total deferred income tax provision	(236)	(68)	(59)
Total provision for income taxes	$ 75	$ 74	$ 97

Restructuring and Other Charges

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Restructuring and Other Charges

RESTRUCTURING AND OTHER CHARGES

Restructuring and other charges primarily consist of separation costs for employees including severance, outplacement and other benefit ("Severance") costs as well as costs related to plant closures, principally related to fixed assets write-downs ("Fixed asset write-down") and all other related restructuring ("Other") costs. All restructuring and other charges, net expenses are separately stated on the Consolidated Statements of Income and Comprehensive Income (Loss).

Frutarom Integration Initiative

In connection with the acquisition of Frutarom, the Company has been executing an integration plan that, among other initiatives, seeks to optimize its manufacturing network (the "Frutarom Integration Initiative"). As part of the Frutarom Integration Initiative, the Company now expects to close approximately 30 manufacturing sites with most of the closures targeted to occur by the end of 2022. Between 2019 and 2020, the Company completed the closure of 21 sites. During 2021, the Company completed the closure of one site. Since the inception of the initiative through 2021, the Company has expensed $37 million. Total costs for the program are expected to be approximately $42 million including cash and non-cash charges through 2022.

2019 Severance Program

During 2019, the Company incurred severance charges related to approximately 190 headcount reductions, excluding those previously mentioned under the Frutarom Integration Initiative. The headcount reductions primarily related to the Scent business unit with additional amounts related to headcount reductions in all business units associated with the establishment of a new shared service center in Europe. Since the inception of the program, the Company has expensed approximately $20 million. As of December 31, 2021, the program is largely complete.

2017 Productivity Program

In connection with 2017 Productivity Program, the Company recorded $24 million of charges related to personnel costs and lease termination costs since the program's inception. As of December 31, 2021, the program is completed.

Other Restructuring Charges

Between 2020 and 2021, the Company incurred charges of approximately $4 million, primarily related to the severance costs in connection with the closure of a facility in Germany.

N&B Merger Restructuring Liability

For 2021, the Company incurred approximately $30 million of charges primarily related to severance for approximately 200 headcount reductions that have occurred in 2021.

Changes in Restructuring Liability

Movements in severance-related accruals during 2019, 2020 and 2021 are as follows:


(DOLLARS IN MILLIONS)	Balance at January 1, 2019		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at December 31, 2019
2017 Productivity Program
Severance	$	4	$	(2)	$	—	$	(1)	$	1

Other(1)	1		—		—		(1)		—
Frutarom Integration Initiative
Severance	—		6		—		(2)		4
Fixed asset write down	—		1		(1)		—		—
Other(1)	—		4		—		(1)		3
2019 Severance Program
Severance	—		21		—		(8)		13


Total restructuring	$	5	$	30	$	(1)	$	(13)	$	21


(DOLLARS IN MILLIONS)	Balance at January 1, 2020		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at December 31, 2020
2017 Productivity Program
Severance	$	1	$	(1)	$	—	$	—	$	—


Frutarom Integration Initiative
Severance	4		2		—		(3)		3
Fixed asset write down	—		12		(12)		—		—
Other(1)	3		2		—		(2)		3
2019 Severance Program
Severance	13		(1)		—		(6)		6






Other Restructuring Charges
Severance	—		3		—		(1)		2


Total restructuring	$	21	$	17	$	(12)	$	(12)	$	14


(DOLLARS IN MILLIONS)	Balance at January 1, 2021		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at December 31, 2021




Frutarom Integration Initiative
Severance	$	3	$	5	$	—	$	(3)	$	5
Fixed asset write down	—		5		(5)		—		—
Other(1)	3		—		—		—		3
2019 Severance Program
Severance	6		—		—		(1)		5


Other Restructuring Charges
Severance	2		—		—		(1)		1

Other(2)	—		1		—		(1)		—
N&B Merger Restructuring Liability
Severance	—		27		—		(12)		15

Other(3)	—		3		(3)		—		—
Total restructuring	$	14	$	41	$	(8)	$	(18)	$	29

_______________________

(1)Includes supplier contract termination costs, consulting and advisory fees.

(2)Includes charges related to legal settlement costs.

(3)Includes lease impairment charges incurred from the Merger with N&B.

Charges by Segment

The following table summarizes the total amount of costs incurred in connection with these restructuring programs by segment:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Nourish	$	32	$	10	$	17
Health & Biosciences	5		—		1
Scent	3		7		12
Pharma Solutions	1		—		—
Total Restructuring and other charges	$	41	$	17	$	30

Net Income Per Share - Reconciliation of Shares Used in Computation of Basic and Diluted Net Income Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Net Income
Net income available to IFF stockholders	$ 270	$ 363	$ 456
Net income available to IFF stockholders	$ 268	$ 365	$ 454
Shares
Average number of shares outstanding - basic (in shares)	243	112	112
Average number of shares outstanding - diluted (in shares)	243	114	113
Net Income per Share
Net income per share - basic (in dollars per share)	$ 1.11	$ 3.25	$ 4.05
Net income per share - diluted (in dollars per share)	$ 1.10	$ 3.21	$ 4.00
(Increase) Decrease In Redemption Value, Redeemable Noncontrolling Interest	$ (2)	$ 2	$ (2)
Employee Stock Option And Restricted Stock [Member]
Shares
Adjustment for assumed dilution (in shares)	0	1	0
SPC
Shares
Adjustment for assumed dilution (in shares)	0	1	1

Stock Compensation Plans - SSAR's and Stock Option Outstanding (Detail) - SSAR's and Stock Options [Member] - Over $115 [Member] $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Range, upper limit	$ 115
Number Outstanding (in shares) \| shares	287
Weighted Average Remaining Contractual Life (in years)	5 years 14 days
Weighted Average Exercise Price (in dollars per share)	$ 107.48
Aggregate Intrinsic Value \| $	$ 12,000

Employee Benefits (Tables)

12 Months Ended

Dec. 31, 2021

Retirement Benefits [Abstract]

Plan Assets and Benefit Obligations of Defined Benefit Pension Plans

The plan assets and benefit obligations of the defined benefit pension plans are measured at December 31 of each year.


	U.S. Plans						Non-U.S. Plans
(DOLLARS IN MILLIONS)	2021		2020		2019		2021		2020		2019
Components of net periodic benefit cost
Service cost for benefits earned(1)	$	1	$	1	$	1	$	41	$	24	$	19
Interest cost on projected benefit obligation(2)	71		17		22		10		13		18
Expected return on plan assets(2)	(106)		(28)		(28)		(55)		(46)		(43)
Net amortization of deferrals(2)	29		8		6		19		15		11
Settlements and curtailments(2)	—		—		—		(10)		5		—

Net periodic benefit cost	(5)		(2)		1		5		11		5
Defined contribution and other retirement plans	36		13		9		33		7		9
Total expense	$	31	$	11	$	10	$	38	$	18	$	14
Changes in plan assets and benefit obligations recognized in OCI
Net actuarial (gain) loss	$	12	$	(1)			$	(135)	$	70
Recognized actuarial loss	(9)		(8)				(10)		(20)
Prior service cost	—		—				(2)		—
Recognized prior service (cost) credit	—		—				1		—
Currency translation adjustment	—		—				(16)		28
Total (gain) loss recognized in OCI (before tax effects)	$	3	$	(9)			$	(162)	$	78

_______________________

(1)Included as a component of Operating Profit.

(2)Included as a component of Other Income (Expense), net.

Amounts Expected to be Recognized in Net Periodic Cost


	Postretirement Benefits
(DOLLARS IN MILLIONS)	2021		2020		2019
Components of net periodic benefit cost
Service cost for benefits earned	$	1	$	1	$	1
Interest cost on projected benefit obligation	7		2		2
Net amortization and deferrals	(20)		(5)		(5)
Total credit	$	(12)	$	(2)	$	(2)
Changes in plan assets and benefit obligations recognized in OCI
Net actuarial loss	$	(3)	$	5
Recognized actuarial loss	(2)		(1)

Recognized prior service credit	6		6
Total recognized in OCI (before tax effects)	$	1	$	10

The amounts of service cost, interest cost, expected return and net amortization and deferrals have been updated to reflect the correction of certain prior period amounts. The aggregate amount of the correction was approximately $17 million for the year ended December 31, 2021.

Weighted-Average Actuarial Assumption Used to Determine Expense

The weighted-average actuarial assumptions used to determine expense at December 31 of each year are:


	U.S. Plans						Non-U.S. Plans
	2021		2020		2019		2021		2020		2019
Discount rate	2.51	%	3.26	%	4.31	%	0.85	%	1.49	%	2.22	%
Expected return on plan assets	3.80	%	5.60	%	5.60	%	4.21	%	4.62	%	4.87	%
Rate of compensation increase	3.25	%	3.25	%	3.25	%	2.56	%	2.46	%	1.93	%

Changes in Postretirement Benefit Obligation and Plan Assets

Changes in the postretirement benefit obligation and plan assets, as applicable, are detailed in the following table:


	U.S. Plans				Non-U.S. Plans				Postretirement Benefits
(DOLLARS IN MILLIONS)	2021		2020		2021		2020		2021		2020
Benefit obligation at beginning of year	$	682	$	621	$	1,294	$	1,099	$	69	$	64
Service cost for benefits earned	1		1		42		24		1		1
Interest cost on projected benefit obligation	12		17		10		13		1		2
Actuarial (gain) loss	(5)		77		(146)		109		(4)		5
Plan amendments	—		—		(2)		—		—		—
Adjustments for expense/tax contained in service cost	—		—		(2)		(1)		—		—
Plan participants’ contributions	—		—		4		3		—		—
Benefits paid	(37)		(34)		(34)		(28)		(4)		(3)
Curtailments / settlements	—		—		(39)		(11)		—		—

Translation adjustments	—		—		(93)		86		—		—
Acquisitions/Transferred Liabilities	—		—		465		—		3		—
Other	9		—		2		—		—		—
Benefit obligation at end of year	$	662	$	682	$	1,501	$	1,294	$	66	$	69

Fair value of plan assets at beginning of year	$	678	$	602	$	1,145	$	1,005
Actual return on plan assets	3		106		25		84
Employer contributions	5		4		32		20
Participants’ contributions	—		—		4		3
Benefits paid	(37)		(34)		(34)		(28)
Settlements	—		—		(24)		(11)
Translation adjustments	—		—		(74)		70
Acquisitions/Transferred Assets	—		—		247		—
Other	—		—		(1)		2
Fair value of plan assets at end of year	$	649	$	678	$	1,320	$	1,145
Funded status at end of year	$	(13)	$	(4)	$	(181)	$	(149)

Amounts Recognized in Balance Sheet

The amounts recognized in the balance sheet are detailed in the following table:


	U.S. Plans				Non-U.S. Plans
(DOLLARS IN MILLIONS)	2021		2020		2021		2020
Other assets	$	53	$	54	$	83	$	47
Other current liabilities	(5)		(4)		(2)		(1)
Retirement liabilities	(61)		(54)		(262)		(195)
Net amount recognized	$	(13)	$	(4)	$	(181)	$	(149)

Amounts Recognized in Accumulated Other Comprehensive Income

The amounts recognized in AOCI are detailed in the following table:


	U.S. Plans				Non-U.S. Plans				Postretirement Benefits
(DOLLARS IN MILLIONS)	2021		2020		2021		2020		2021		2020
Net actuarial loss	$	137	$	134	$	291	$	454	$	14	$	19
Prior service cost (credit)	—		—		(3)		(2)		(15)		(21)
Total AOCI (before tax effects)	$	137	$	134	$	288	$	452	$	(1)	$	(2)

Accumulated Benefit Obligation


	U.S. Plans						Non-U.S. Plans
(DOLLARS IN MILLIONS)	2021			2020			2021			2020
Accumulated Benefit Obligation — end of year	$	654		$	680		$	1,410		$	1,243
Information for Pension Plans with an ABO in excess of Plan Assets:
Projected benefit obligation	$	63		$	60		$	944		$	813
Accumulated benefit obligation	62			60			330			762
Fair value of plan assets	—			2			840			617
Weighted-average assumptions used to determine obligations at December 31
Discount rate	2.86		%	2.51		%	1.43		%	0.85		%
Rate of compensation increase	3.25		%	3.25		%	2.72		%	2.55		%

Estimated Future Benefit Payments


(DOLLARS IN MILLIONS)	U.S. Plans		Non-U.S. Plans		Postretirement Benefits
Estimated Future Benefit Payments
2022	$	38	$	36	$	4
2023	38		36		3
2024	39		39		4
2025	39		40		4
2026	39		42		4
2027 - 2031	189		236		18
Contributions
Required Company Contributions in the Following Year (2022)	$	5	$	33	$	4

Percentage of Assets Invested

The percentage of assets in the Company's pension plans, by type, is as follows:


	U.S. Plans				Non-U.S. Plans
	2021		2020		2021		2020
Cash and cash equivalents	1	%	1	%	6	%	3	%
Equities	45	%	29	%	18	%	10	%
Fixed income	54	%	70	%	34	%	38	%
Property	—	%	—	%	6	%	8	%
Alternative and other investments	—	%	—	%	36	%	41	%

Fair Value Hierarchy of Plan Assets

The following tables present the Company's plan assets for the U.S. and non-U.S. plans using the fair value hierarchy as of December 31, 2021 and 2020. The plans’ assets were accounted for at fair value and are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company's assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of fair value assets and their placement within the fair value hierarchy levels. For more information on a description of the fair value hierarchy, see Note 16.


	U.S. Plans for the Year Ended
	December 31, 2021
(DOLLARS IN MILLIONS)	Level 1		Level 2		Level 3		Total
Cash Equivalents	$	—	$	5	$	—	$	5




Fixed Income Securities
Government & Government Agency Bonds	—		15		—		15
Corporate Bonds	—		77		—		77
Municipal Bonds	—		4		—		4

Assets measured at net asset value(1)	—		—		—		547
Total	$	—	$	101	$	—	$	648
Receivables							$	1
Total							$	649


	U.S. Plans for the Year Ended
	December 31, 2020
(DOLLARS IN MILLIONS)	Level 1		Level 2		Level 3		Total
Cash Equivalents	$	—	$	4	$	—	$	4




Fixed Income Securities
Government & Government Agency Bonds	—		19		—		19
Corporate Bonds	—		104		—		104
Municipal Bonds	—		6		—		6

Assets measured at net asset value(1)	—		—		—		544
Total	$	—	$	133	$	—	$	677
Receivables							$	1
Total							$	678

_______________________

(1)Investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the table above are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Consolidated Balance Sheets. The total amount measured at net asset value includes approximately $294 million and $201 million in pooled equity funds and $253 million and $343 million in fixed income mutual funds for the years ended December 31, 2021 and 2020, respectively.


	Non-U.S. Plans for the Year Ended
	December 31, 2021
(DOLLARS IN MILLIONS)	Level 1		Level 2		Level 3		Total
Cash	$	37	$	36	$	—	$	73
Equity Securities
U.S. Large Cap	100		—		—		100


Non-U.S. Large Cap	104		—		—		104
Non-U.S. Mid Cap	1		—		—		1
Non-U.S. Small Cap	1		—		—		1
Emerging Markets	30		—		—		30
Fixed Income Securities

U.S. Corporate Bonds	42		—		—		42
Non-U.S. Treasuries/Government Bonds	162		—		—		162
Non-U.S. Corporate Bonds	58		137		—		195

Non-U.S. Asset-Backed Securities	—		51		—		51
Non-U.S. Other Fixed Income	2		—		—		2
Alternative Types of Investments
Insurance Contracts	—		265		—		265

Derivative Financial Instruments	—		91		—		91
Absolute Return Funds	4		110		—		114

Other	—		2		10		12
Real Estate
Non-U.S. Real Estate	5		—		72		77
Total	$	546	$	692	$	82	$	1,320


	Non-U.S. Plans for the Year Ended
	December 31, 2020
(DOLLARS IN MILLIONS)	Level 1		Level 2		Level 3		Total
Cash	$	13	$	19	$	—	$	32
Equity Securities
U.S. Large Cap	57		8		—		65


Non-U.S. Large Cap	26		—		—		26
Non-U.S. Mid Cap	1		—		—		1
Non-U.S. Small Cap	1		—		—		1
Emerging Markets	25		—		—		25
Fixed Income Securities

U.S. Corporate Bonds	—		43		—		43
Non-U.S. Treasuries/Government Bonds	163		—		—		163
Non-U.S. Corporate Bonds	34		139		—		173

Non-U.S. Asset-Backed Securities	—		51		—		51
Non-U.S. Other Fixed Income	3		—		—		3
Alternative Types of Investments
Insurance Contracts	—		247		—		247

Derivative Financial Instruments	—		91		—		91
Absolute Return Funds	4		93		—		97

Other	11		3		19		33
Real Estate
Non-U.S. Real Estate	—		—		94		94
Total	$	338	$	694	$	113	$	1,145

Reconciliation of Level 3 Non-U.S. Plan Assets Held

The following table presents a reconciliation of Level 3 non-U.S. plan assets held during the year ended December 31, 2021:


	Non-U.S. Plans
(DOLLARS IN MILLIONS)	Real Estate		Hedge Funds		Total
Ending balance as of December 31, 2020	$	94	$	19	$	113
Actual return on plan assets	(3)		1		(2)
Purchases, sales and settlements	(19)		(10)		(29)

Ending balance as of December 31, 2021	$	72	$	10	$	82

Weighted Average Assumptions Used to Determine Postretirement Benefit Expense and Obligation

The following weighted average assumptions were used to determine the postretirement benefit expense and obligation for the years ended December 31:


	Expense				Liability
	2021		2020			2021		2020
Discount rate	2.60	%	3.30	%		2.90	%	2.60	%
Current medical cost trend rate	7.00	%	7.25	%		6.75	%	7.00	%
Ultimate medical cost trend rate	4.75	%	4.75	%		4.75	%	4.75	%
Medical cost trend rate decreases to ultimate rate in year	2030		2030			2030		2030

Sensitivity of Disclosures to Changes in Selected Assumptions

The following table presents the sensitivity of disclosures to changes in selected assumptions for the year ended December 31, 2021:


(DOLLARS IN MILLIONS)	U.S. Pension Plans		Non-U.S. Pension Plans		Postretirement Benefit Plan
25 Basis Point Decrease in Discount Rate
Change in PBO	$	19	$	77	N/A
Change in ABO	19		73		2
Change in pension expense	—		5		—
25 Basis Point Decrease in Long-Term Rate of Return
Change in pension expense	1		3		N/A

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 11,656	$ 5,084	$ 5,140
EMEA [Member]
Disaggregation of Revenue [Line Items]
Revenue	4,093	1,987	2,082
Asia [Member]
Disaggregation of Revenue [Line Items]
Revenue	2,728	1,162	1,163
North America [Member]
Disaggregation of Revenue [Line Items]
Revenue	3,499	1,228	1,170
Latin America [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 1,336	$ 707	$ 725

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130543-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

Employee Benefits - Reconciliation of Level 3 Non-U.S. Plan Assets Held (Detail) - Pension Plan [Member] - Non-U.S. Plans [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	$ 1,145	$ 1,005
Actual return on plan assets	25	84
Fair value of plan assets at end of year	1,320	1,145
Fair Value, Inputs, Level 1, 2 and 3 [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	1,145
Fair value of plan assets at end of year	1,320	1,145
Level 3 [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	113
Actual return on plan assets	(2)
Purchases, sales and settlements	(29)
Fair value of plan assets at end of year	82	113
Level 3 [Member] \| Real Estate [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	94
Actual return on plan assets	(3)
Purchases, sales and settlements	(19)
Fair value of plan assets at end of year	72	94
Level 3 [Member] \| Hedge Funds [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	19
Actual return on plan assets	1
Purchases, sales and settlements	(10)
Fair value of plan assets at end of year	$ 10	$ 19

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net income	$ 279	$ 367	$ 460
Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization	1,156	325	323
Deferred income taxes	(236)	(68)	(59)
(Gains) losses on sale of assets	(1)	4	2
Stock-based compensation	54	36	34
Pension contributions	(37)	(24)	(24)
Changes in assets and liabilities, net of acquisitions:
Trade receivables	(169)	(61)	60
Inventories	(363)	18	(62)
Accounts payable	419	28	55
Accruals for incentive compensation	96	44	(22)
Other current payables and accrued expenses	4	57	5
Other assets/liabilities, net	(133)	(12)	(73)
Net cash provided by operating activities	1,437	714	699
Cash flows from investing activities:
Cash paid for acquisitions, net of cash received	0	0	(49)
Additions to property, plant and equipment	(393)	(192)	(236)
Additions to intangible assets	(4)	0	(6)
Proceeds from disposal of assets	18	17	42
Proceeds from unwinding of cross currency swap derivative instruments	0	0	26
Cash acquired from acquisition	246	0	0
Proceeds from Divestiture of Businesses	115	0	0
Contingent consideration paid	0	0	(5)
Maturity of net investment hedges	0	(14)	0
Proceeds from life insurance contracts	0	2	2
Net cash used in investing activities	(18)	(187)	(226)
Cash flows from financing activities:
Cash dividends paid to shareholders	(667)	(323)	(314)
Payments of Ordinary Dividends, Noncontrolling Interest	(2)	0	0
Decrease in revolving credit facility and short term borrowing	(105)	0	(1)
Deferred financing costs	(3)	(3)	0
Repayments of long-term debt	(828)	(347)	(155)
Purchases of redeemable noncontrolling interest	0	(22)	0
Proceeds from issuance of long-term debt	(3)	(200)	0
Contingent consideration paid	(14)	(9)	(24)
Proceeds from issuance of stock in connection with stock options	9	0	0
Employee withholding taxes paid	(21)	(8)	(11)
Net cash used in financing activities	(1,304)	(512)	(505)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(59)	21	7
Net change in cash, cash equivalents and restricted cash	56	36	(25)
Cash, cash equivalents and restricted cash at beginning of year	660	624	649
Cash, cash equivalents and restricted cash at end of year	716	660	624
Supplemental Disclosures:
Interest paid, net of amounts capitalized	310	128	134
Income taxes paid	289	133	126
Accrued capital expenditures	117	41	39
Proceeds from Issuance of Commercial Paper	324	0	0
Amortization Of Inventory Step-Up	$ 368	$ 0	$ 0

Nature of Operations and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventory

The Company's inventories consisted of the following:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Raw materials	$	854	$	566
Work in process	287		38
Finished goods	1,375		528
Total	$	2,516	$	1,132

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Company's statement of cash flows periods ended December 31, 2021, 2020 and 2019 to the amounts reported in the Company's balance sheet as at December 31, 2021, 2020 and 2019.


(DOLLARS IN MILLIONS)	December 31, 2021		December 31, 2020		December 31, 2019
Current assets
Cash and cash equivalents	$	711	$	650	$	607
Restricted cash	4		7		17
Noncurrent assets
Restricted cash included in Other assets	1		3		—
Cash, cash equivalents and restricted cash	$	716	$	660	$	624

Contract with Customer, Contract Asset, Contract Liability, and Receivable

Contract Assets and Liabilities

With respect to a small number of contracts for the sale of compounds, the Company has an “enforceable right to payment for performance to date” and as the products do not have an alternative use, the Company recognizes revenue for these contracts over time and records a contract asset using the output method. The output method recognizes revenue on the basis of direct measurements of the value to the customer of the goods or services transferred to date relative to the remaining goods or services promised under the contract.

As of December 31, 2021 and 2020, the Company's gross accounts receivable was $1.952 billion and $950 million, respectively. The Company's contract assets and contract liabilities as of December 31, 2021 and 2020 were not material.

Accounts Receivable, Allowance for Credit Loss

The following is a rollforward of the Company's allowances for bad debts for the year of 2021:


(DOLLARS IN MILLIONS)	Allowance for Bad Debts
Balance at December 31, 2020	$	21
Bad debt expense	6
Write-offs	(1)
Other adjustments(1)	20

Balance at December 31, 2021	$	46

_______________________

(1)The adjustment to allowances for bad debts was a result of purchase price allocation related to the Merger with N&B.

Restructuring and Other Charges - Movements in Restructuring and Related Accruals (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Restructuring Reserve [Roll Forward]
Balance	$ 14	$ 21	$ 5
Additional Charges (Reversals), Net	41	17	30
Non-Cash Charges	(8)	(12)	(1)
Cash Payments	(18)	(12)	(13)
Balance	29	14	21
Additional charges, net	41	17	30
Severance
Restructuring Reserve [Roll Forward]
Balance	2	0
Additional Charges (Reversals), Net	0	3
Non-Cash Charges	0	0
Cash Payments	(1)	(1)
Balance	1	2	0
Other(1)
Restructuring Reserve [Roll Forward]
Balance	0
Additional Charges (Reversals), Net	1
Non-Cash Charges	0
Cash Payments	(1)
Balance	0	0
Scent [Member]
Restructuring Reserve [Roll Forward]
Additional charges, net	3	7	12
Pharma Solutions
Restructuring Reserve [Roll Forward]
Additional charges, net	1	0	0
Nourish
Restructuring Reserve [Roll Forward]
Additional charges, net	32	10	17
Health & Biosciences
Restructuring Reserve [Roll Forward]
Additional charges, net	5	0	1
Frutarom Integration Initiative [Member] \| Severance
Restructuring Reserve [Roll Forward]
Balance	3	4	0
Additional Charges (Reversals), Net	5	2	6
Non-Cash Charges	0	0	0
Cash Payments	(3)	(3)	(2)
Balance	5	3	4
Additional charges, net	37
Frutarom Integration Initiative [Member] \| Fixed asset write down
Restructuring Reserve [Roll Forward]
Balance	0	0	0
Additional Charges (Reversals), Net	5	12	1
Non-Cash Charges	(5)	(12)	(1)
Cash Payments	0	0	0
Balance	0	0	0
Frutarom Integration Initiative [Member] \| Other(1)
Restructuring Reserve [Roll Forward]
Balance	3	3	0
Additional Charges (Reversals), Net	0	2	4
Non-Cash Charges	0	0	0
Cash Payments	0	(2)	(1)
Balance	3	3	3
2019 Severance Initiatives [Member] \| Severance
Restructuring Reserve [Roll Forward]
Balance	6	13	0
Additional Charges (Reversals), Net	0	(1)	21
Non-Cash Charges	0	0	0
Cash Payments	(1)	(6)	(8)
Balance	5	6	13
Additional charges, net	20
2017 Productivity Program [Member]
Restructuring Reserve [Roll Forward]
Additional charges, net	24
2017 Productivity Program [Member] \| Severance
Restructuring Reserve [Roll Forward]
Balance	$ 0	1	4
Additional Charges (Reversals), Net		(1)	(2)
Non-Cash Charges		0	0
Cash Payments		0	(1)
Balance		0	1
2017 Productivity Program [Member] \| Other(1)
Restructuring Reserve [Roll Forward]
Balance		$ 0	1
Additional Charges (Reversals), Net			0
Non-Cash Charges			0
Cash Payments			(1)
Balance			$ 0

Financial Instruments - Additional Information (Detail) € in Millions, $ in Millions		3 Months Ended				12 Months Ended
	May 18, 2017 EUR (€)	Sep. 30, 2020 USD ($) swap	Dec. 31, 2018 USD ($)	Mar. 31, 2016 USD ($) Agreement	Mar. 31, 2016 EUR (€) Agreement	Dec. 31, 2021 USD ($) swap	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Sep. 30, 2019 swap
Derivatives, Fair Value [Line Items]
Proceeds from unwinding of cross currency swap derivative instruments						$ 0	$ 0	$ 26
Payments for (Proceeds from) Hedge, Investing Activities						0	(14)	$ 0
Derivative Liability, Fair Value, Gross Liability						7	29
Forward Currency Contracts [Member]
Derivatives, Fair Value [Line Items]
Derivative instruments outstanding						46	221
Currency Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative instruments outstanding						300	300
Payments for (Proceeds from) Hedge, Investing Activities		$ 15
Interest Receivable		$ 2
Derivative Liability, Fair Value, Gross Liability						5	23
Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Loss incurred on termination of interest rate swaps				$ 3	€ 3
Gain on deal contingent derivatives \| €	€ 5
Number of interest rate derivatives held \| Agreement				2	2
Fair Value of Derivatives Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability						2	0
Fair Value of Derivatives Not Designated as Hedging Instrument [Member] \| Currency Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability						0	0
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability						$ 5	29
Designated as Hedging Instrument [Member] \| Currency Swap [Member]
Derivatives, Fair Value [Line Items]
Interest Income (Expense), Net			$ 8
Number of Foreign Currency Derivatives Held \| swap		2				2			4
Proceeds from unwinding of cross currency swap derivative instruments			$ 34
Derivative Liability, Fair Value, Gross Liability						$ 5	$ 23
Designated as Hedging Instrument [Member] \| Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability						$ 5

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Guarantees and Letters of Credit The Company has various bank guarantees, letters of credit and surety bonds which are available for use to support its ongoing business operations, satisfy governmental requirements associated with pending litigation in various jurisdictions and the payment of customs duties. At December 31, 2021, the Company had total bank guarantees, commercial guarantees, standby letters of credit and surety bonds of approximately $392 million with various financial institutions. Included in the above aggregate amount was a total of $12 million for other assessments in Brazil for various income tax and indirect tax disputes related to fiscal years 1998-2011. There was a total of approximately $28 million outstanding under the bank guarantees and standby letters of credit and approximately $98 million outstanding under the commercial guarantees as of December 31, 2021. In order to challenge the assessments in these cases in Brazil, the Company has been required to and has separately pledged assets, principally property, plant and equipment to cover assessments in the amount of approximately $7 million as of December 31, 2021. Lines of Credit The Company has various lines of credit which are available to support its ongoing business operations. As of December 31, 2021, the Company had available lines of credit of $1.398 billion with various financial institutions, in addition to the $1.025 billion of capacity under the Credit Facility. There were total draw downs of approximately $334 million pursuant to these lines of credit as of December 31, 2021, including approximately $324 million related to the issuance of commercial paper. 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. Because litigation is inherently unpredictable and unfavorable resolutions could occur, assessing contingencies is highly sensitive and requires judgments about future events. On at least a quarterly basis, the Company reviews contingencies related to litigation to determine the adequacy of accruals. 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. Periodically, the Company assesses its 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 its insurance carriers. 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. The Company records the expected liability with respect to claims in Other liabilities and expected recoveries from its insurance carriers in Other assets. The Company recognizes a receivable when it believes that realization of the insurance receivable is probable under the terms of the insurance policies and its payment experience to date. Litigation Matters On August 12, 2019, Marc Jansen filed a putative securities class action against IFF, its Chairman and CEO, and its then-CFO, in the United States District Court for the Southern District of New York. The lawsuit was filed after IFF disclosed that preliminary results of investigations indicated that Frutarom businesses operating principally in Russia and Ukraine had made improper payments to representatives of customers. On March 16, 2020, an amended complaint was filed, which added Frutarom and certain former officers of Frutarom as defendants. The amended complaint alleges, among other things, that defendants made materially false and misleading statements or omissions concerning IFF’s acquisition of Frutarom, the integration of the two companies, and the companies’ financial reporting and results. The amended complaint asserts claims under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5, and under the Israeli Securities Act-1968, against all defendants, and under Section 20(a) of the Securities Exchange Act of 1934 against the individual defendants, on behalf of a putative class of persons and entities who purchased or otherwise acquired IFF securities on the New York Stock Exchange between May 7, 2018 and August 12, 2019 and persons and entities who purchased or otherwise acquired IFF securities on the Tel Aviv Stock Exchange between October 9, 2018 and August 12, 2019. The amended complaint seeks an award of unspecified compensatory damages, costs, and expenses. IFF, its officers, and Frutarom filed a motion to dismiss the case on June 26, 2020, which was granted on March 30, 2021. On April 28, 2021, lead plaintiffs filed a notice of appeal to the United States Court of Appeals for the Second Circuit. Lead plaintiffs are pursuing the appeal only against Frutarom and certain former officers of Frutarom. The parties have submitted their briefs to the Court of Appeals, and the Court of Appeals heard oral argument on February 10, 2022. Two motions to approve securities class actions were filed in the Tel Aviv District Court, Israel, in August 2019, similarly alleging, among other things, false and misleading statements largely in connection with IFF’s acquisition of Frutarom and the above-mentioned improper payments. One motion ("Borg") asserts claims under the U.S. federal securities laws against IFF, its Chairman and CEO, and its former CFO. On November 8, 2020, IFF and its officers filed their response to the Borg motion. On April 20, 2021, Mr. Borg filed a motion to stay the proceeding pending an appellate decision in the U.S. proceeding. On June 15, 2021, August 11, 2021 November 9, 2021 and January 9, 2022, the U.S. lead plaintiffs filed update notices with the Israeli court regarding the appeal in the U.S. proceeding. The other motion ("Oman") (following an initial amendment) asserted claims under the Israeli Securities Act-1968 against IFF, its Chairman and CEO, and its former CFO, and against Frutarom and certain former Frutarom officers and directors, as well as claims under the Israeli Companies Act-1999 against certain former Frutarom officers and directors. On February 17, 2021, the court granted a motion by the Oman plaintiff to remove IFF and its officers from the motion and to add factual allegations from the US amended complaint. The amended Oman motion was filed on July 4, 2021. On August 29, 2021, the former Frutarom officers and certain former Frutarom directors filed a motion to dismiss the case. On September 30, 2021, Frutarom notified the court that it joins the legal arguments made in the motion to dismiss. A court hearing on the motion to dismiss was held on October 25, 2021, and on February 22, 2022, the court denied the motion to dismiss. On October 29, 2019, IFF and Frutarom filed a claim in the Tel Aviv District Court, Israel, against Ori Yehudai, the former President and CEO of Frutarom, and against certain former directors of Frutarom, challenging the bonus of US $20 million granted to Yehudai in 2018. IFF and Frutarom allege, among other things, that Yehudai was not entitled to receive the bonus because he breached his fiduciary duty by, among other things, knowing of the above-mentioned improper payments and failing to prevent them from being made. The parties agreed, pursuant to the court’s recommendation, to attempt to resolve the dispute through mediation, which is still ongoing, during which the proceedings relating to this claim are stayed. A court decision is pending with regard to the order in which this claim, if it does not settle, and the class action described below will be heard. On March 11, 2020, an IFF shareholder filed a motion to approve a class action in Israel against, among others, Frutarom, Yehudai, and Frutarom’s former board of directors, alleging that former minority shareholders of Frutarom were harmed as a result of the US $20 million bonus paid to Yehudai. The parties to this motion agreed to attempt to resolve the dispute through mediation to take place regarding the aforesaid claim against Yehudai. On July 27, 2021, counsel to the movant in the class action filed a notice with the court that the mediation process ended without an agreement. On August 26, 2021, a motion to dismiss the class action application was filed by Yehudai and certain former directors of Frutarom. On September 9, 2021, an additional motion to dismiss was filed by other former directors of Frutarom together with ICC Industries, Inc. and its affiliates. A court hearing on the motions to dismiss was held on December 6, 2021, and on December 9, 2021, the court denied the motions to dismiss. Investigation On June 3, 2020, the Israel Police’s National Fraud Investigation Unit and the Israeli Securities Authority commenced an investigation into Frutarom and certain of its former executives, based on suspected bribery of foreign officials, money laundering, and violations of the Israeli Securities Act-1968. As part of the investigation, the National Fraud Investigation Unit and the Israeli Securities Authority have provided IFF and Frutarom with various orders, mainly requesting that IFF and Frutarom provide certain documents and materials. In addition, a seizure of assets was imposed on Frutarom and certain of its affiliates. IFF has been working to ensure compliance with such orders, all in accordance with, and subject to, Israeli law. On August 25, 2021, the Israeli Police informed Frutarom that they have decided to remove the temporary criminal seizure of assets order from the real estate assets of Frutarom and its related companies, which was done in parallel with the transfer of the case to the District Attorney's Office in Israel. China Facilities Hangzhou Ingredients Plant As previously disclosed, in 2014 the Company agreed to relocate an ingredients facility in Hangzhou, China to Jiande, China. In connection with such relocation, the Company entered into a land swap and relocation agreement with the local authority pursuant to which the Company agreed to transfer ownership of the land underlying the facility in exchange for various elements of compensation, including cash and land use rights for the new facility. The Company initially determined that the gain, if any, would be recognized upon final transfer of ownership. During the fourth quarter of 2019, the Company completed the final environmental cleanup activities and transferred ownership of the land to the local authority. The amount of the gain ultimately recognized in the fourth quarter of 2019 was $4 million. The amount was recorded as a component of Other income, net. The net book value of the plant in Jiande, China was approximately $67 million as of December 31, 2021. Guangzhou Taste Plant During the fourth quarter of 2016, the Company was notified that certain governmental authorities have begun to evaluate a change in the zoning of the Guangzhou Taste plant. The zoning, if changed, would prevent the Company from continuing to manufacture product at the existing plant. The ultimate outcome of any change that the governmental authorities may propose, the timing of such a change, and the nature of any compensation arrangements that might be provided to the Company are uncertain. To address the governmental authorities' requirements, the Company has been transferring certain production capabilities from the Guangzhou Taste plant to a newly built facility in Zhangjiagang. The net book value of the plant in Guangzhou was approximately $60 million as of December 31, 2021. Guangzhou Scent Plant During the second quarter of 2019, the Company was notified that certain governmental authorities had changed the zoning where the Guangzhou Scent plant is located. The zoning change did not affect the current operations but prevents expansions or other increases in the operating capacity of the plant. The Company believes that it is possible that the zoning may be enforced in the future such that it would not be able to continue manufacturing at the existing site. The ultimate outcome of any change that the governmental authorities may propose, the timing of such a change, and the nature of any compensation arrangements that might be provided to the Company are uncertain. The net book value of the existing plant was approximately $8 million as of December 31, 2021. Zhejiang Ingredients Plant In the fourth quarter of 2017, the Company concluded discussions with the government regarding the relocation of its Fragrance Ingredients plant in Zhejiang and, based on the agreements reached, expects to receive total compensation payments up to approximately $50 million. The relocation compensation will be paid to the Company over the period of the relocation which is expected to be through the end of 2022. The Company received payments totaling $30 million through the end of 2019. In the third quarter of 2020, the Company received a payment of approximately $13 million. A final payment is expected to be received upon completion of the final environmental inspection. Production at the facility ceased during 2019. In the second quarter of 2020, the Company transferred ownership of the site to the government. The land remediation activities are in progress and are expected to be completed in the second half of 2022. During the second quarter of 2020, the remaining net book value of the plant was written off. Products previously manufactured at the Zhejiang Ingredients plant are now being produced at the Company's Ingredients plant in Jiande. Total China Operations The total net book value of all plants in China was approximately $279 million as of December 31, 2021. If the Company is required to close a plant, or operate one at significantly reduced production levels on a permanent basis, the Company may be required to record charges that could have a material impact on its consolidated financial results of operations, financial position and cash flows in future periods. Other Contingencies The Company has contingencies involving third parties (such as labor, contract, technology or product-related claims or litigation) as well as government-related items in various jurisdictions in which it operates pertaining to such items as value-added taxes, other indirect taxes, customs and duties and sales and use taxes. It is possible that cash flows or results of operations, in any period, could be materially affected by the unfavorable resolution of one or more of these contingencies. The most significant government-related contingencies exist in Brazil. With regard to the Brazilian matters, the Company believes it has valid defenses for the underlying positions under dispute; however, in order to pursue these defenses, the Company is required to, and has provided, bank guarantees and pledged assets in the aggregate amount of $19 million. The Brazilian matters take an extended period of time to proceed through the judicial process and there are a limited number of rulings to date. Brazil Tax Credits In 2017 the Brazilian Supreme Court (“BSC”) ruled that Brazilian tax authorities should not include a value added tax known as "ICMS" in the calculation of certain indirect taxes ("PIS/COFINS"). By removing the ICMS from the calculation of the indirect tax base, the Court effectively eliminated a “tax on tax”. The Brazilian tax authorities filed an appeal seeking clarification of certain matters, including the amount of ICMS to which taxpayers would be entitled in order to reduce their indirect tax base (i.e. the gross rate or the net rate.) In light of the BSC's decision, in November 2017, the Company filed suit consistent with the BSC decision to require that ICMS be excluded from the PIS/COFINS calculation and received a favorable preliminary decision that was confirmed by the BSC in September 2018. This preliminary ruling granted the Company the right to prospectively exclude ICMS amounts from the PIS/COFINS calculation, but left open the issue of whether the Company could recover the gross or net amount of ICMS amounts paid on PIS/COFINS for the period from November 2011 to December 2018. In January 2020, the Company was informed of a favorable ruling from the Brazilian tax authorities confirming that the Company was entitled to recover the overpayments of certain indirect taxes (known as PIS/COFINS) for the period from November 2011 to December 2018, plus interest on the amount of the overpayments. The overpayments arose from the inclusion of a value added tax known as ICMS in the calculation of the PIS/COFINS tax. The ruling did not, however, settle the question of whether the Company is eligible to recover overpayments based on the gross or the net amount of ICMS amounts paid on PIS/COFINS. The Company calculated the amount of overpayments using the gross method which yields a higher amount than the application of the net method. A final ruling on the gross versus net amount issue was made by the Brazilian Supreme Court who affirmed the use of the gross calculation with respect to claims submitted prior to March 2017. Although the Company had not submitted a claim until after March 2017, the Company believes that the Supreme Court, whilst confirming the use of the gross method of calculation, does not override the January 2020 ruling by the Brazilian tax authorities with respect to the timeframe for the calculation. In addition to the $8 million recognized in the fourth quarter of 2019, during the first quarter of 2020 the Company recognized $4 million as an additional recovery on the existing claim. During 2020, the Company also recognized $3 million related to a claim from another of its subsidiaries in Brazil. The income was recognized as a reduction in Selling and Administrative expenses. Avicel® PH NF (Pharma Solutions) The Company has determined that certain grades of microcrystalline cellulose (Avicel® PH 101, 102, and 200 NF and Avicel® RC-591 NF) were found to be out-of-specification (collectively, “OOS Avicel® NF”). The Company does not expect this issue to affect the functionality of Avicel® NF grades or to pose a human health hazard. Corrective actions have been implemented to improve operational and laboratory conditions. Based on the information available, as of December 31, 2021, costs associated with the issue are approximately $21 million, and the Company has a current accrual of approximately $40 million. The total amount of exposure may increase as additional customers present claims. Other The Company determines estimates of reasonably possible losses or ranges of reasonably possible losses in excess of related accrued liabilities, if any, when it has determined that either a loss is reasonably possible or a loss in excess of accrued amounts is reasonably possible and the amount of losses or range of losses is determinable. For all third party contingencies (including labor, contract, technology, tax, product-related claims and business litigation), the Company currently estimates that the aggregate range of reasonably possible losses in excess of any accrued liabilities is $0 to approximately $42 million. The estimates included in this amount are based on the Company’s analysis of currently available information and, as new information is obtained, these estimates may change. Due to the inherent subjectivity of the assessments and the unpredictability of outcomes of legal proceedings, any amounts accrued or included in this aggregate amount may not represent the ultimate loss to the Company from the matters in question. Thus, the Company’s exposure and ultimate losses may be higher or lower, and possibly significantly so, than the amounts accrued or the range disclosed above.

Employee Benefits

12 Months Ended

Dec. 31, 2021

Retirement Benefits [Abstract]

Employee Benefits

EMPLOYEE BENEFITS

The Company has pension and/or other retirement benefit plans covering approximately one-fifth of active employees. In 2007, the Company amended its U.S. qualified and non-qualified pension plans under which accrual of future benefits was suspended for all participants that did not meet the rule of 70 (age plus years of service equal to at least 70 as of December 31, 2007). Pension benefits are generally based on years of service and compensation during the final years of employment. Plan assets consist primarily of equity securities and corporate and government fixed income securities. Substantially all pension benefit costs are funded as accrued; such funding is limited, where applicable, to amounts deductible for income tax purposes. Certain other retirement benefits are provided by general corporate assets.

In connection with the Merger with N&B, the Company assumed responsibility for approximately 20 additional defined benefit plans and recognized liabilities in the aggregate amount of $221 million.

The Company sponsors a qualified defined contribution plan covering substantially all U.S. employees. Under this plan, the Company matches 100% of participants’ contributions up to 4% of compensation and 75% of participants’ contributions from over 4% to 8%. Employees that are still eligible to accrue benefits under the pension plans are limited to a 50% match of up to 6% of the participants’ compensation.

In addition to pension benefits, certain health care and life insurance benefits are provided to qualifying U.S. employees upon retirement from IFF. Such coverage is provided through insurance plans with premiums based on benefits paid. The Company does not generally provide health care or life insurance coverage for retired employees of foreign subsidiaries; such benefits are provided in most foreign countries by government-sponsored plans, and the cost of these programs is not material.

The Company offers a non-qualified Deferred Compensation Plan ("DCP") for certain key employees and non-employee directors. Eligible employees and non-employee directors may elect to defer receipt of salary, incentive payments and Board of Directors’ fees into participant-directed investments which are generally invested by the Company in individual variable life insurance contracts it owns that are designed to informally fund savings plans of this nature. The cash surrender value of life insurance is based on the net asset values of the underlying funds available to plan participants. At December 31, 2021 and December 31, 2020, the Consolidated Balance Sheets reflect liabilities of approximately $64 million and $59 million, respectively, related to the DCP in Other liabilities and approximately $26 million and $29 million, respectively, included in Capital in excess of par value related to the portion of the DCP that will be paid out in IFF shares.

The total cash surrender value of life insurance contracts the Company owns in relation to the DCP and post-retirement life insurance benefits amounted to $52 million and $49 million at December 31, 2021 and 2020, respectively, and are recorded in Other assets in the Consolidated Balance Sheets.

The plan assets and benefit obligations of the defined benefit pension plans are measured at December 31 of each year.


	U.S. Plans						Non-U.S. Plans
(DOLLARS IN MILLIONS)	2021		2020		2019		2021		2020		2019
Components of net periodic benefit cost
Service cost for benefits earned(1)	$	1	$	1	$	1	$	41	$	24	$	19
Interest cost on projected benefit obligation(2)	71		17		22		10		13		18
Expected return on plan assets(2)	(106)		(28)		(28)		(55)		(46)		(43)
Net amortization of deferrals(2)	29		8		6		19		15		11
Settlements and curtailments(2)	—		—		—		(10)		5		—

Net periodic benefit cost	(5)		(2)		1		5		11		5
Defined contribution and other retirement plans	36		13		9		33		7		9
Total expense	$	31	$	11	$	10	$	38	$	18	$	14
Changes in plan assets and benefit obligations recognized in OCI
Net actuarial (gain) loss	$	12	$	(1)			$	(135)	$	70
Recognized actuarial loss	(9)		(8)				(10)		(20)
Prior service cost	—		—				(2)		—
Recognized prior service (cost) credit	—		—				1		—
Currency translation adjustment	—		—				(16)		28
Total (gain) loss recognized in OCI (before tax effects)	$	3	$	(9)			$	(162)	$	78

_______________________

(1)Included as a component of Operating Profit.

(2)Included as a component of Other Income (Expense), net.


	Postretirement Benefits
(DOLLARS IN MILLIONS)	2021		2020		2019
Components of net periodic benefit cost
Service cost for benefits earned	$	1	$	1	$	1
Interest cost on projected benefit obligation	7		2		2
Net amortization and deferrals	(20)		(5)		(5)
Total credit	$	(12)	$	(2)	$	(2)
Changes in plan assets and benefit obligations recognized in OCI
Net actuarial loss	$	(3)	$	5
Recognized actuarial loss	(2)		(1)

Recognized prior service credit	6		6
Total recognized in OCI (before tax effects)	$	1	$	10

The weighted-average actuarial assumptions used to determine expense at December 31 of each year are:


	U.S. Plans						Non-U.S. Plans
	2021		2020		2019		2021		2020		2019
Discount rate	2.51	%	3.26	%	4.31	%	0.85	%	1.49	%	2.22	%
Expected return on plan assets	3.80	%	5.60	%	5.60	%	4.21	%	4.62	%	4.87	%
Rate of compensation increase	3.25	%	3.25	%	3.25	%	2.56	%	2.46	%	1.93	%

Changes in the postretirement benefit obligation and plan assets, as applicable, are detailed in the following table:


	U.S. Plans				Non-U.S. Plans				Postretirement Benefits
(DOLLARS IN MILLIONS)	2021		2020		2021		2020		2021		2020
Benefit obligation at beginning of year	$	682	$	621	$	1,294	$	1,099	$	69	$	64
Service cost for benefits earned	1		1		42		24		1		1
Interest cost on projected benefit obligation	12		17		10		13		1		2
Actuarial (gain) loss	(5)		77		(146)		109		(4)		5
Plan amendments	—		—		(2)		—		—		—
Adjustments for expense/tax contained in service cost	—		—		(2)		(1)		—		—
Plan participants’ contributions	—		—		4		3		—		—
Benefits paid	(37)		(34)		(34)		(28)		(4)		(3)
Curtailments / settlements	—		—		(39)		(11)		—		—

Translation adjustments	—		—		(93)		86		—		—
Acquisitions/Transferred Liabilities	—		—		465		—		3		—
Other	9		—		2		—		—		—
Benefit obligation at end of year	$	662	$	682	$	1,501	$	1,294	$	66	$	69

Fair value of plan assets at beginning of year	$	678	$	602	$	1,145	$	1,005
Actual return on plan assets	3		106		25		84
Employer contributions	5		4		32		20
Participants’ contributions	—		—		4		3
Benefits paid	(37)		(34)		(34)		(28)
Settlements	—		—		(24)		(11)
Translation adjustments	—		—		(74)		70
Acquisitions/Transferred Assets	—		—		247		—
Other	—		—		(1)		2
Fair value of plan assets at end of year	$	649	$	678	$	1,320	$	1,145
Funded status at end of year	$	(13)	$	(4)	$	(181)	$	(149)

The amounts recognized in the balance sheet are detailed in the following table:


	U.S. Plans				Non-U.S. Plans
(DOLLARS IN MILLIONS)	2021		2020		2021		2020
Other assets	$	53	$	54	$	83	$	47
Other current liabilities	(5)		(4)		(2)		(1)
Retirement liabilities	(61)		(54)		(262)		(195)
Net amount recognized	$	(13)	$	(4)	$	(181)	$	(149)

The amounts recognized in AOCI are detailed in the following table:


	U.S. Plans				Non-U.S. Plans				Postretirement Benefits
(DOLLARS IN MILLIONS)	2021		2020		2021		2020		2021		2020
Net actuarial loss	$	137	$	134	$	291	$	454	$	14	$	19
Prior service cost (credit)	—		—		(3)		(2)		(15)		(21)
Total AOCI (before tax effects)	$	137	$	134	$	288	$	452	$	(1)	$	(2)


	U.S. Plans						Non-U.S. Plans
(DOLLARS IN MILLIONS)	2021			2020			2021			2020
Accumulated Benefit Obligation — end of year	$	654		$	680		$	1,410		$	1,243
Information for Pension Plans with an ABO in excess of Plan Assets:
Projected benefit obligation	$	63		$	60		$	944		$	813
Accumulated benefit obligation	62			60			330			762
Fair value of plan assets	—			2			840			617
Weighted-average assumptions used to determine obligations at December 31
Discount rate	2.86		%	2.51		%	1.43		%	0.85		%
Rate of compensation increase	3.25		%	3.25		%	2.72		%	2.55		%


(DOLLARS IN MILLIONS)	U.S. Plans		Non-U.S. Plans		Postretirement Benefits
Estimated Future Benefit Payments
2022	$	38	$	36	$	4
2023	38		36		3
2024	39		39		4
2025	39		40		4
2026	39		42		4
2027 - 2031	189		236		18
Contributions
Required Company Contributions in the Following Year (2022)	$	5	$	33	$	4

The Company considers a number of factors in determining and selecting assumptions for the overall expected long-term rate of return on plan assets. The Company considers the historical long-term return experience of its assets, the current and expected allocation of its plan assets and expected long-term rates of return. The Company derives these expected long-term rates of return with the assistance of its investment advisors. The Company bases its expected allocation of plan assets on a diversified portfolio consisting of domestic and international equity securities, fixed income, real estate and alternative asset classes. The asset allocation is monitored on an ongoing basis.

The Company considers a variety of factors in determining and selecting its assumptions for the discount rate at December 31. For the U.S. plans, the discount rate was based on the internal rate of return for a portfolio of high quality bonds rated Aa or higher by either Moody’s or Standard & Poor's with maturities that are consistent with the projected future benefit payment obligations of the plan. For the Non-U.S. Plans, the discount rates were determined by region and are based on high quality long-term corporate bonds. Consideration has been given to the duration of the liabilities in each plan when selecting the bonds to be used in determining the discount rate. The rate of compensation increase for all plans and the medical cost trend rate for the applicable U.S. plans are based on plan experience.

The percentage of assets in the Company's pension plans, by type, is as follows:


	U.S. Plans				Non-U.S. Plans
	2021		2020		2021		2020
Cash and cash equivalents	1	%	1	%	6	%	3	%
Equities	45	%	29	%	18	%	10	%
Fixed income	54	%	70	%	34	%	38	%
Property	—	%	—	%	6	%	8	%
Alternative and other investments	—	%	—	%	36	%	41	%

With respect to the U.S. plans, the expected return on plan assets was determined based on an asset allocation model using the current target allocation, real rates of return by asset class and an anticipated inflation rate. The target investment allocation is 10% equity securities and 90% fixed income securities.

The expected annual rate of return for the non-U.S. plans employs a similar set of criteria adapted for local investments, inflation rates and in certain cases specific government requirements. The target asset allocation, for the non-U.S. plans, consists of approximately: 35% in fixed income securities; 35% in alternative investments; 15% in equity securities; and 15% in real estate.


	U.S. Plans for the Year Ended
	December 31, 2021
(DOLLARS IN MILLIONS)	Level 1		Level 2		Level 3		Total
Cash Equivalents	$	—	$	5	$	—	$	5




Fixed Income Securities
Government & Government Agency Bonds	—		15		—		15
Corporate Bonds	—		77		—		77
Municipal Bonds	—		4		—		4

Assets measured at net asset value(1)	—		—		—		547
Total	$	—	$	101	$	—	$	648
Receivables							$	1
Total							$	649


	U.S. Plans for the Year Ended
	December 31, 2020
(DOLLARS IN MILLIONS)	Level 1		Level 2		Level 3		Total
Cash Equivalents	$	—	$	4	$	—	$	4




Fixed Income Securities
Government & Government Agency Bonds	—		19		—		19
Corporate Bonds	—		104		—		104
Municipal Bonds	—		6		—		6

Assets measured at net asset value(1)	—		—		—		544
Total	$	—	$	133	$	—	$	677
Receivables							$	1
Total							$	678

_______________________


	Non-U.S. Plans for the Year Ended
	December 31, 2021
(DOLLARS IN MILLIONS)	Level 1		Level 2		Level 3		Total
Cash	$	37	$	36	$	—	$	73
Equity Securities
U.S. Large Cap	100		—		—		100


Non-U.S. Large Cap	104		—		—		104
Non-U.S. Mid Cap	1		—		—		1
Non-U.S. Small Cap	1		—		—		1
Emerging Markets	30		—		—		30
Fixed Income Securities

U.S. Corporate Bonds	42		—		—		42
Non-U.S. Treasuries/Government Bonds	162		—		—		162
Non-U.S. Corporate Bonds	58		137		—		195

Non-U.S. Asset-Backed Securities	—		51		—		51
Non-U.S. Other Fixed Income	2		—		—		2
Alternative Types of Investments
Insurance Contracts	—		265		—		265

Derivative Financial Instruments	—		91		—		91
Absolute Return Funds	4		110		—		114

Other	—		2		10		12
Real Estate
Non-U.S. Real Estate	5		—		72		77
Total	$	546	$	692	$	82	$	1,320


	Non-U.S. Plans for the Year Ended
	December 31, 2020
(DOLLARS IN MILLIONS)	Level 1		Level 2		Level 3		Total
Cash	$	13	$	19	$	—	$	32
Equity Securities
U.S. Large Cap	57		8		—		65


Non-U.S. Large Cap	26		—		—		26
Non-U.S. Mid Cap	1		—		—		1
Non-U.S. Small Cap	1		—		—		1
Emerging Markets	25		—		—		25
Fixed Income Securities

U.S. Corporate Bonds	—		43		—		43
Non-U.S. Treasuries/Government Bonds	163		—		—		163
Non-U.S. Corporate Bonds	34		139		—		173

Non-U.S. Asset-Backed Securities	—		51		—		51
Non-U.S. Other Fixed Income	3		—		—		3
Alternative Types of Investments
Insurance Contracts	—		247		—		247

Derivative Financial Instruments	—		91		—		91
Absolute Return Funds	4		93		—		97

Other	11		3		19		33
Real Estate
Non-U.S. Real Estate	—		—		94		94
Total	$	338	$	694	$	113	$	1,145

Cash and cash equivalents are primarily held in registered money market funds which are valued using a market approach based on the quoted market prices of identical instruments. Other cash and cash equivalents are valued daily by the fund using a market approach with inputs that include quoted market prices for similar instruments.

Equity securities are primarily valued using a market approach based on the quoted market prices of identical instruments. Pooled funds are typically common or collective trusts valued at their net asset values (NAVs).

Fixed income securities are primarily valued using a market approach with inputs that include broker quotes and benchmark yields.

Derivative instruments are valued by the custodian using closing market swap curves and market derived inputs.

Real estate values are primarily based on valuation of the underlying investments, which include inputs such as cost, discounted future cash flows, independent appraisals and market comparable data.

Hedge funds are valued based on valuation of the underlying securities and instruments within the funds. Quoted market prices are used when available and NAVs are used for unquoted securities within the funds.

Absolute return funds are actively managed funds mainly invested in debt and equity securities and are valued at their NAVs.

The following table presents a reconciliation of Level 3 non-U.S. plan assets held during the year ended December 31, 2021:


	Non-U.S. Plans
(DOLLARS IN MILLIONS)	Real Estate		Hedge Funds		Total
Ending balance as of December 31, 2020	$	94	$	19	$	113
Actual return on plan assets	(3)		1		(2)
Purchases, sales and settlements	(19)		(10)		(29)

Ending balance as of December 31, 2021	$	72	$	10	$	82

The following weighted average assumptions were used to determine the postretirement benefit expense and obligation for the years ended December 31:


	Expense				Liability
	2021		2020			2021		2020
Discount rate	2.60	%	3.30	%		2.90	%	2.60	%
Current medical cost trend rate	7.00	%	7.25	%		6.75	%	7.00	%
Ultimate medical cost trend rate	4.75	%	4.75	%		4.75	%	4.75	%
Medical cost trend rate decreases to ultimate rate in year	2030		2030			2030		2030

The following table presents the sensitivity of disclosures to changes in selected assumptions for the year ended December 31, 2021:


(DOLLARS IN MILLIONS)	U.S. Pension Plans		Non-U.S. Pension Plans		Postretirement Benefit Plan
25 Basis Point Decrease in Discount Rate
Change in PBO	$	19	$	77	N/A
Change in ABO	19		73		2
Change in pension expense	—		5		—
25 Basis Point Decrease in Long-Term Rate of Return
Change in pension expense	1		3		N/A

The Company contributed $32 million to its non-U.S. pension plans in 2021. No contributions were made to the Company's qualified U.S. pension plans in 2021. The Company made $5 million in benefit payments with respect to its non-qualified U.S. pension plan. In addition, $4 million of payments were made with respect to the Company's other postretirement plans.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
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-URI http://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Topic 715
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-Section S99
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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+ Details

Income Taxes - Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance of unrecognized tax benefits at beginning of year	$ 99	$ 75	$ 51
Gross amount of increases in unrecognized tax benefits as a result of positions taken during a prior year(1)	42	11	20
Gross amount of decreases in unrecognized tax benefits as a result of positions taken during a prior year	(3)	0	(2)
Gross amount of increases in unrecognized tax benefits as a result of positions taken during the current year	5	24	13
The amounts of decreases in unrecognized benefits relating to settlements with taxing authorities	(1)	(2)	(3)
Reduction in unrecognized tax benefits due to the lapse of applicable statute of limitation	(12)	(9)	(4)
Balance of unrecognized tax benefits at end of year	$ 130	$ 99	$ 75

Net Income Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

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

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


	December 31,
(AMOUNTS IN MILLIONS EXCEPT PER SHARE AMOUNTS)	2021		2020		2019
Net Income
Net income attributable to IFF stockholders	$	270	$	363	$	456
Adjustment related to (increase) decrease in redemption value of redeemable noncontrolling interests in excess of earnings allocated	(2)		2		(2)
Net income available to IFF stockholders	$	268	$	365	$	454
Shares
Weighted average common shares outstanding (basic)(1)	243		112		112
Adjustment for assumed dilution(2):
Stock options and restricted stock awards	—		1		—
SPC portion of the TEUs	—		1		1
Weighted average shares assuming dilution (diluted)	243		114		113
Net Income per Share
Net income per share - basic(3)(4)	$	1.11	$	3.25	$	4.05
Net income per share - dilutive(4)(5)	1.10		3.21		4.00

_______________________

(1)On September 15, 2021, additional shares of IFF's common stock were issued in settlement of the SPC portion of the TEUs. For the years ended December 31, 2020 and 2019, the TEUs were assumed to be outstanding at the minimum settlement amount for basic earnings per share (“EPS”). See below for additional information.

(2)Effect of dilutive securities includes dilution under stock plans and incremental impact of TEUs. See below for additional information.

(3)For the year ended December 31, 2021, the basic net income per share cannot be recalculated based on the information presented in the table above due to the effects of rounding and change in presentation from thousands to millions between 2020 and 2021, respectively.

(4)For the year ended December 31, 2020, the basic and diluted net income per share cannot be recalculated based on the information presented in the table above due to the effects of rounding and change in presentation from thousands to millions between 2020 and 2021, respectively.

(5)For the year ended December 31, 2019, the diluted net income per share cannot be recalculated based on the information presented in the table above due to the effects of rounding and change in presentation from thousands to millions between 2020 and 2021, respectively.

Property, Plant and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment, Net [Abstract]

Schedule of Property, Plant and Equipment

Property, plant and equipment consisted of the following amounts:


(DOLLARS IN MILLIONS)	December 31,
	2021		2020
Asset Type
Land	$	223	$	84
Buildings and improvements	1,764		932
Machinery and equipment	3,442		1,525
Information technology	271		251
Construction in process	461		136
Total Property, Plant and Equipment	6,161		2,928
Accumulated depreciation	(1,793)		(1,470)
Total Property, Plant and Equipment, Net	$	4,368	$	1,458

Financial Instruments - Derivative Instruments Which Were Not Designated as Hedging Instruments (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Foreign Currency Contracts [Member] \| Other (income) expense, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) on derivative	$ 6	$ 9

Net Income Per Share - Additional Information (Detail) - $ / shares		12 Months Ended
	Feb. 01, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 15, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Difference amount between basic and diluted net income per share (in dollars per share)		$ 0.01	$ 0.04	$ 0.01
Common stock, par value		$ 0.125	$ 0.125
Nutrition & Biosciences, Inc [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Business acquisition, equity interest issued or issuable, number of shares	141,740,461
Common stock, par value	$ 0.125				$ 0.125
Nutrition & Biosciences, Inc [Member] \| International Flavors & Fragrances Inc [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Percentage of voting interest acquired	55.40%

Net Income Per Share

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Net Income Per Share

NET INCOME PER SHARE


	December 31,
(AMOUNTS IN MILLIONS EXCEPT PER SHARE AMOUNTS)	2021		2020		2019
Net Income
Net income attributable to IFF stockholders	$	270	$	363	$	456
Adjustment related to (increase) decrease in redemption value of redeemable noncontrolling interests in excess of earnings allocated	(2)		2		(2)
Net income available to IFF stockholders	$	268	$	365	$	454
Shares
Weighted average common shares outstanding (basic)(1)	243		112		112
Adjustment for assumed dilution(2):
Stock options and restricted stock awards	—		1		—
SPC portion of the TEUs	—		1		1
Weighted average shares assuming dilution (diluted)	243		114		113
Net Income per Share
Net income per share - basic(3)(4)	$	1.11	$	3.25	$	4.05
Net income per share - dilutive(4)(5)	1.10		3.21		4.00

_______________________

(2)Effect of dilutive securities includes dilution under stock plans and incremental impact of TEUs. See below for additional information.

As of the effective time of the Merger, each issued and outstanding share of common stock of N&B (except for shares of common stock of N&B held by N&B as treasury stock or by DuPont, which were canceled and ceased to exist and no consideration was delivered in exchange therefor) was converted into the right to receive one share of common stock of IFF. The Merger was completed in exchange for 141,740,461 shares of IFF common stock, par value $0.125 per share (or cash payment in lieu of fractional shares), which had been approved in the special shareholder meeting that occurred on August 27, 2020 where IFF shareholders voted to approve the issuance of shares of IFF common stock in connection with the N&B Transaction, pursuant to the Merger Agreement. The shares issued in the Merger represented approximately 55.4% of the common stock of IFF on a fully diluted basis, after giving effect to the Merger, as of February 1, 2021.

As discussed in Note 8, the Company issued 16,500,000 TEUs, consisting of a prepaid SPC and a senior amortizing note, for net proceeds of approximately $800 million on September 17, 2018. On September 14, 2021, the Company notified holders of the TEUs that the final settlement rate in respect of each SPC was 0.330911 shares of IFF's common stock. On September 15, 2021, 5,460,031 shares of IFF's common stock were issued in settlement of the SPCs. The SPC conversion factor is based on the VWAP per share of the Company’s common stock. For purposes of calculating basic net income per share, the settlement rate of 0.330911 shares per SPC, the final settlement rate, was used on December 31, 2021 and 0.313400 shares per SPC was used on both December 31, 2020 and 2019. For purposes of calculating diluted earnings per share, the settlement rate of 0.330911 shares per SPC, the final settlement rate, was used on December 31, 2021 and 0.383900 shares per SPC was used on both December 31, 2020 and 2019.

The Company has issued shares of Purchased Restricted Stock (“PRS”) and Purchased Restricted Stock Units (“PRSUs”) which contain nonforfeitable rights to dividends 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 two-class method was not presented since the difference between basic and diluted net income per share for both common shareholders, PRS and PRSU holders was less than $0.01 per share as of December 31, 2021, less than $0.04 per share as of December 31, 2020 and less than $0.01 per share as of December 31, 2019, and for each year the number of PRS and PRSUs outstanding as of December 31, 2021, 2020 and 2019 was immaterial. Net income allocated to such PRS and PRSUs during 2021, 2020 and 2019 was not material.

There were no stock options or stock-settled appreciation rights (“SSARs”) excluded from the computation of diluted net income per share at December 31, 2021, 2020 and 2019.

Employee Benefits - Amounts Recognized in Balance Sheet (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Other assets	$ 136	$ 101
Retirement liabilities	(385)	(326)
U.S Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Other assets	53	54
Other current liabilities	(5)	(4)
Retirement liabilities	(61)	(54)
Net amount recognized	(13)	(4)
Non-U.S. Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Other assets	83	47
Other current liabilities	(2)	(1)
Retirement liabilities	(262)	(195)
Net amount recognized	$ (181)	$ (149)

- Definition

Amount of asset, recognized in statement of financial position, for overfunded defined benefit pension and other postretirement plans.

+ References + Details

Employee Benefits - Plan Assets and Benefit Obligations of Defined Benefit Pension Plans (Detail) - Pension Plan [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
U.S Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned(1)	$ 1	$ 1	$ 1
Interest cost on projected benefit obligation(2)	12	17	22
Expected return on plan assets(2)	(106)	(28)	(28)
Net amortization of deferrals(2)	29	8	6
Settlements and curtailments(2)	0	0	0
Net periodic benefit cost	(5)	(2)	1
Defined contribution and other retirement plans	36	13	9
Total expense	31	11	10
Net actuarial loss (gain)	12	(1)
Recognized actuarial loss	(9)	(8)
Prior service cost	0	0
Recognized prior service (cost) credit	0	0
Currency translation adjustment	0	0
Total (gain) loss recognized in OCI (before tax effects)	3	(9)
U.S Plans [Member] \| Restatement Adjustment [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest cost on projected benefit obligation(2)	71
Non-U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned(1)	42	24	19
Interest cost on projected benefit obligation(2)	10	13	18
Expected return on plan assets(2)	(55)	(46)	(43)
Net amortization of deferrals(2)	19	15	11
Settlements and curtailments(2)	(10)	5	0
Net periodic benefit cost	5	11	5
Defined contribution and other retirement plans	33	7	9
Total expense	38	18	$ 14
Net actuarial loss (gain)	(135)	70
Recognized actuarial loss	(10)	(20)
Prior service cost	(2)	0
Recognized prior service (cost) credit	1	0
Currency translation adjustment	(16)	28
Total (gain) loss recognized in OCI (before tax effects)	(162)	$ 78
Non-U.S. Plans [Member] \| Restatement Adjustment [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned(1)	$ 41

Goodwill and Other Intangible Assets, Net - Goodwill Rollforward (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Roll Forward]
Goodwill	$ 5,593.0	$ 5,497.0
Measurement period adjustment		(15.0)
Foreign exchange	(433.0)	111.0
Reallocation	0.0	0.0
Acquisitions	11,817.0
Transferred to assets held for sale	(536.0)
Reduction from business divestiture	(27.0)
Goodwill	16,414.0	5,593.0
Nourish
Goodwill [Roll Forward]
Reallocation	(985.0)	(85.0)
Health & Biosciences
Goodwill [Roll Forward]
Reallocation	728.0	0.0
Scent [Member]
Goodwill [Roll Forward]
Reallocation	257.0	85.0
Pharma Solutions
Goodwill [Roll Forward]
Reallocation	0.0	0.0
Nourish
Goodwill [Roll Forward]
Goodwill	4,859.0	4,873.0
Measurement period adjustment		(15.0)
Foreign exchange	(192.0)	86.0
Acquisitions	2,900.0
Transferred to assets held for sale	0.0
Reduction from business divestiture	(27.0)
Goodwill	6,555.0	4,859.0
Health & Biosciences
Goodwill [Roll Forward]
Goodwill	0.0	0.0
Measurement period adjustment		0.0
Foreign exchange	(155.0)	0.0
Acquisitions	6,712.0
Transferred to assets held for sale	(536.0)
Reduction from business divestiture	0.0
Goodwill	6,749.0	0.0
Scent [Member]
Goodwill [Roll Forward]
Goodwill	734.0	624.0
Measurement period adjustment		0.0
Foreign exchange	(39.0)	25.0
Acquisitions	876.0
Transferred to assets held for sale	0.0
Reduction from business divestiture	0.0
Goodwill	1,828.0	734.0
Pharma Solutions
Goodwill [Roll Forward]
Goodwill	0.0	0.0
Measurement period adjustment		0.0
Foreign exchange	(47.0)	0.0
Acquisitions	1,329.0
Transferred to assets held for sale	0.0
Reduction from business divestiture	0.0
Goodwill	$ 1,282.0	$ 0.0

Accumulated Other Comprehensive Income (Loss) - Reclassifications of Accumulated Other Comprehensive Income to Consolidated Statement of Comprehensive Income (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold	$ 7,921	$ 2,998	$ 3,027
Interest expense	(289)	(132)	(138)
Tax	(75)	(74)	(97)
(Losses) Gains on Derivatives Qualifying as Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax	1	(1)	(1)
(Losses) Gains on Derivatives Qualifying as Hedges \| Foreign Currency Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold	(7)	6	10
(Losses) Gains on Derivatives Qualifying as Hedges \| Interest Rate Swap [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	(1)	(1)	(1)
(Losses) Gains on Derivatives Qualifying as Hedges \| Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total	(7)	4	8
(Losses) gains on pension and postretirement liability adjustments
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax	4	(9)	(3)
(Losses) gains on pension and postretirement liability adjustments \| Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total	(18)	(14)	(10)
Prior service cost
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
(Losses) gains on pension and postretirement liability adjustments	7	7	6
Actuarial losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
(Losses) gains on pension and postretirement liability adjustments	(38)	(30)	(19)
Other items
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
(Losses) gains on pension and postretirement liability adjustments	$ 17	$ 0	$ 0

Nature of Operations and Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Nature of Operations and Summary of Significant Accounting Policies

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Operations

International Flavors & Fragrances Inc. and its subsidiaries (the “Registrant,” “IFF,” “the Company,” “we,” “us” and “our”) is a leading creator and manufacturer of food, beverage, health & biosciences, scent and pharma solutions and complementary adjacent products, including cosmetic active and natural health ingredients, which are used in a wide variety of consumer products. Our products are sold principally to manufacturers of perfumes and cosmetics, hair and other personal care products, soaps and detergents, cleaning products, dairy, meat and other processed foods, beverages, snacks and savory foods, sweet and baked goods, sweeteners, dietary supplements, food protection, infant and elderly nutrition, functional food, and pharmaceutical excipients and oral care products.

Basis of Presentation

On February 1, 2021 (the “Closing Date”), the Company completed the combination (the “Merger”) of IFF and DuPont de Nemours, Inc (“DuPont”) nutrition and biosciences business (the “N&B Business”), which had been transferred to Nutrition and Biosciences, Inc., a Delaware corporation and wholly owned subsidiary of DuPont ("N&B") in a Reverse Morris Trust transaction. See Note 3 for additional information. As a result, the Company’s Consolidated Financial Statements for the period ended December 31, 2021 reflect the results of N&B from the Closing Date, whereas the Company’s Consolidated Financial Statements for the periods ended December 31, 2020 and 2019 do not.

In the current year, the Company has changed its presentation from thousands to millions and, as a result, any necessary rounding adjustments have been made to prior year disclosed amounts.

Certain reclassifications have been made to the prior periods’ financial information in order to conform to the current period’s presentation.

Fiscal Year End

Effective 2021, the Company changed its fiscal year end from a 52/53-week fiscal year ending on the Friday closest to the last day of the quarter, to a calendar year of the twelve-month period from January 1 to December 31. The Company elected to change its fiscal year end in connection with the Merger with N&B to align the Company’s fiscal year with N&B’s. The 2021 fiscal year was a 52 week period, the 2020 fiscal year was a 52 week period and the 2019 fiscal year was a 53 week period. The impact of the additional week in 2019 on revenue and net income was not material. For ease of presentation, December 31 is used consistently throughout the financial statements and notes to represent the period-end date. For the 2021, 2020 and 2019 fiscal years, the actual closing dates were December 31, January 1, and January 3, respectively.

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and judgments that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. The inputs into our judgments and estimates take into account the current economic implications of the novel coronavirus ("COVID-19") on our critical and significant accounting estimates, including estimates associated with future cash flows that are used in assessing the risk of impairment of certain long-lived assets. Actual results could differ from those estimates.

Principles of Consolidation

The consolidated financial statements include the accounts of International Flavors & Fragrances Inc. and those of its subsidiaries. Significant intercompany balances and transactions have been eliminated. To the extent a subsidiary is not wholly owned, any related noncontrolling interests are included as a separate component of Shareholders’ Equity.

Revenue Recognition

The Company recognizes revenue from contracts with customers when the contract or purchase order has received approval and commitment from both parties, has the rights of the parties and payment terms (which can vary by customer) identified, has commercial substance, and collectability of consideration is probable. In addition, the control of the promised goods is transferred to the customers in an amount that reflects the consideration it expects to be entitled to in exchange for those goods. Sales, value added, and other taxes the Company collects are excluded from revenues. The Company receives payment in accordance with standard customer terms.

Sales are reduced, at the time revenue is recognized, for applicable discounts, rebates and sales allowances based on historical experience. Related accruals are included in Other current liabilities in the accompanying Consolidated Balance Sheets. The Company considers shipping and handling activities undertaken after the customer has obtained control of the related goods as a fulfillment activity. Net sales include shipping and handling charges billed to customers. Cost of goods sold includes all costs incurred in connection with shipping and handling.

Contract Assets and Liabilities

Foreign Currency Translation

The Company translates the assets and liabilities of non-U.S. subsidiaries into U.S. dollars at year-end exchange rates. Income and expense items are translated at average exchange rates during the year. Cumulative translation adjustments are shown as a separate component of Shareholders’ Equity.

Research and Development

Research and development (“R&D”) expenses relate to the development of new and improved products, technical product support and compliance with governmental regulation. All research and development costs are expensed as incurred.

Cash and Cash Equivalents

Cash and cash equivalents include highly liquid investments with maturities of three months or less at date of purchase.

Restricted Cash

Restricted cash is comprised of cash or cash equivalents which has been placed into an account that is restricted for a specific use and from which the Company cannot withdraw the cash on demand.


(DOLLARS IN MILLIONS)	December 31, 2021		December 31, 2020		December 31, 2019
Current assets
Cash and cash equivalents	$	711	$	650	$	607
Restricted cash	4		7		17
Noncurrent assets
Restricted cash included in Other assets	1		3		—
Cash, cash equivalents and restricted cash	$	716	$	660	$	624

Accounts Receivable

The Company has certain factoring agreements in the U.S. and The Netherlands under which it can factor up to approximately $250 million of its trade receivables. The factoring agreements supplement the Company's existing factoring programs that are sponsored by certain customers. Under all of the arrangements, the Company sells the trade receivables on a non-recourse basis to unrelated financial institutions and accounts for the transactions as sales of receivables. The applicable receivables are removed from the Company's Consolidated Balance Sheets when the cash proceeds are received by the Company.

The impact on cash provided by operations from participating in these programs was an increase of approximately $19 million, $43 million and $38 million in 2021, 2020 and 2019, respectively, compared to each respective prior year period. The cost of participating in these programs was approximately $6 million, $4 million, and $7 million in 2021, 2020, and 2019, respectively and is included as a component of interest expense.

Inventories

Inventories are stated at the lower of cost (on a weighted-average basis) or net realizable value. The Company's inventories consisted of the following:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Raw materials	$	854	$	566
Work in process	287		38
Finished goods	1,375		528
Total	$	2,516	$	1,132

Leases

During the year ended December 31, 2019, the Company adopted ASU No. 2016-02, “Leases (Topic 842),” which requires most leases to be recognized on the balance sheet. The Company adopted the standard using the modified retrospective approach with an effective date of December 29, 2018, the beginning of its 2019 fiscal year. Prior year financial statements were not recast. The Company elected various transition provisions available for expired or existing contracts, which allows the Company to carryforward historical assessments of (1) whether contracts are or contain leases, (2) lease classification and (3) initial direct costs.

The Company determines if an arrangement is a lease at contract inception. A lease exists when a contract conveys to the customer the right to control the use of identified property, plant, or equipment for a period of time in exchange for consideration. The definition of a lease embodies two conditions: (1) there is an identified asset in the contract that is land or a depreciable asset (i.e., property, plant, and equipment), and (2) the customer has the right to control the use of the identified asset.

When the Company determines the arrangement is a lease, or contains a lease, at inception, it then determines whether the lease is an operating lease or a finance lease at the commencement date.

The Company leases property and equipment, principally under operating leases. In accordance with ASU 2016-02, the Company records a right of use asset and related obligation at the present value of lease payments and, over the term of the lease, depreciates the right of use asset and accretes the obligation to future value. Some of the leases include rental escalation clauses, renewal options and/or termination options that are factored into the determination of lease payments when appropriate. The Company has elected not to separate non-lease components from lease components for all classes of leased assets.

When available, the Company uses the rate implicit in the lease to discount lease payments to present value, however, most of the Company's leases do not provide a readily determinable implicit rate and the Company calculates the applicable incremental borrowing rate to discount the lease payments based on the term of the lease at lease commencement. The incremental borrowing rate is determined based on the Company's credit rating, currency and lease terms.

Long-Lived Assets

Property, Plant and Equipment

Property, plant and equipment are recorded at cost. Depreciation is calculated on a straight-line basis, principally over the following estimated useful lives: buildings and improvements, 1 to 50 years; machinery and equipment, 1 to 40 years; information technology hardware and software, 1 to 23 years; and leasehold improvements which are included in buildings and improvements, the estimated life of the improvements or the remaining term of the lease, whichever is shorter.

Finite-Lived Intangible Assets

Finite-lived intangible assets include customer relationships, patents, trade names, technological know-how and other intellectual property valued at acquisition and amortized on a straight-line basis over the following estimated useful lives: customer relationships, 10 to 27 years; patents, 11 to 15 years; trade names, 4 to 28 years; and technological know-how, 5 to 28 years.

The Company reviews long-lived assets for impairment when events or changes in business conditions indicate that their carrying value may not be recovered. An estimate of undiscounted future cash flows produced by an asset or group of assets is compared to the carrying value to determine whether impairment exists. If assets are determined to be impaired, the loss is measured based on an estimate of fair value using various valuation techniques, including a discounted estimate of future cash flows.

Goodwill

Goodwill represents the difference between the total purchase price and the fair value of identifiable assets and liabilities acquired in business acquisitions.

The Company tests goodwill for impairment at the reporting unit level as of November 30 every year or more frequently if events or changes in circumstances indicate the asset might be impaired. A reporting unit is an operating segment or one level below an operating segment (referred to as a component) to which goodwill is assigned when initially recorded.

The Company identifies their reporting units by assessing whether the components of their reporting segments constitute businesses for which discrete financial information is available and management of each reporting unit regularly reviews the operating results of those components. The Company has identified seven reporting units under the Nourish, Health & Biosciences, Scent and Pharma Solutions segments: (1) Nourish, (2) Fragrance Compounds, (3) Fragrance Ingredients, (4) Cosmetic Actives, (5) Health & Biosciences, (6) Microbial Control and (7) Pharma Solutions. These reporting units were determined based on the level at which the performance is measured and reviewed by segment management. In cases where the components of an operating segment have similar economic characteristics, they are aggregated into a single reporting unit.

When testing goodwill for impairment, the Company has the option of first performing a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than the carrying amount. If the Company elects to bypass the qualitative assessment for any reporting units, or if a qualitative assessment indicates it is more likely than not that the estimated carrying value of a reporting unit exceeds its fair value, the Company performs a quantitative goodwill impairment test.

Under the quantitative goodwill impairment test, if a reporting unit’s carrying amount exceeds its fair value, the Company will record an impairment charge based on that difference, and the impairment charge will be limited to the amount of goodwill allocated to that reporting unit.

Income Taxes

The Company accounts for taxes under the asset and liability method. Under this method, deferred income taxes are recognized for temporary differences between the financial statement and tax return bases of assets and liabilities, based on enacted tax rates and other provisions of the tax law. The effect of a change in tax laws or rates on deferred tax assets and liabilities is recognized as income in the period in which such change is enacted. Future tax benefits are recognized to the extent that the realization of such benefits is more likely than not, and a valuation allowance is established for any portion of a deferred tax asset that management believes may not be realized.

The Company recognizes uncertain tax positions that it has taken or expects to take on a tax return. Pursuant to accounting requirements, the Company first determines whether it is “more likely than not” its tax position will be sustained if the relevant tax authority were to audit the position with full knowledge of all the relevant facts and other information. For those tax positions that meet this threshold, the Company measures the amount of tax benefit based on the largest amount of tax benefit that it has a greater than 50% chance of realizing in a final settlement with the relevant authority. Those tax positions failing to qualify for initial recognition are recognized in the first interim period in which they meet the more likely than not standard. The Company maintains a cumulative risk portfolio relating to all of its uncertainties in income taxes in order to perform this analysis, but the evaluation of its tax positions requires significant judgment and estimation in part because, in certain cases, tax law is subject to varied interpretation, and whether a tax position will ultimately be sustained may be uncertain.

Interest and penalties related to unrecognized tax benefits are recognized as a component of income tax expense.

Retirement Benefits

Current service costs of retirement plans and postretirement health care and life insurance benefits are accrued. Prior service costs resulting from plan improvements are amortized over periods ranging from 10 to 20 years.

Financial Instruments

Derivative financial instruments are used to manage interest and foreign currency exposures. The gain or loss on the hedging instrument is recorded in earnings at the same time as the transaction being hedged is recorded in earnings. The associated asset or liability related to the open hedge instrument is recorded in Prepaid expenses and Other current assets or Other current liabilities, as applicable.

The Company records all derivative financial instruments on the balance sheet at fair value. Changes in a derivative’s fair value are recognized in earnings unless specific hedge criteria are met. If the derivative is designated as a fair value hedge, the changes in the fair value of the derivative and of the hedged item attributable to the hedged risk are recognized in Net income. If the derivative is designated as a cash flow hedge, the effective portions of changes in the fair value of the derivative are recorded in Accumulated other comprehensive income ("AOCI") in the accompanying Consolidated Balance Sheets and are subsequently recognized in Net income when the hedged item affects earnings. Ineffective portions of changes in the fair value of cash flow hedges, if any, are recognized as a charge or credit to earnings.

Software Costs

The Company capitalizes direct internal and external development costs for certain significant projects associated with internal-use software and amortizes these costs over seven years. Neither preliminary evaluation costs nor costs associated with the software after implementation are capitalized. Costs related to projects that are not significant are expensed as incurred.

Net Income Per Share

Under the two-class method, earnings are adjusted by accretion of amounts to redeemable noncontrolling interests recorded at redemption value. The adjustments represent in-substance dividend distributions to the noncontrolling interest holders as the holders have a contractual right to receive a specified amount upon redemption. As a result, earnings are adjusted to reflect this in-substance distribution that is different from other common shareholders. In addition, the Company has unvested share based payment awards with a right to receive nonforfeitable dividends and thus are considered participating securities which are required to be included in the computation of basic and diluted earnings per share.

Basic earnings (loss) per share represents the amount of earnings for the period available to each share of common stock outstanding during the period. Basic earnings (loss) per share includes the effect of issuing shares of common stock assuming (i) the prepaid stock purchase contracts (“SPCs”) are converted into the minimum number of shares of common stock under the if-converted method, and (ii) an adjustment to earnings (loss) to reflect adjustments made to record the redeemable value of redeemable noncontrolling interests. Diluted earnings (loss) per share also includes the effect of issuing shares of common stock, assuming (i) stock options and warrants are exercised, (ii) restricted stock units are fully vested under the treasury stock method, and (iii) the incremental effect of the prepaid SPCs converted into the maximum number of shares of common stock under the if-converted method.

Stock-Based Compensation

Compensation cost of all stock-based awards is measured at fair value on the date of grant and recognized over the service period for which awards are expected to vest. The cost of such stock-based awards is principally recognized on a straight-line attribution basis over their respective vesting periods, net of estimated forfeitures.

Financing Costs

Costs incurred in the issuance of debt are deferred and amortized as part of interest expense over the stated life of the applicable debt instrument. Unamortized deferred financing costs relating to debt are presented as a reduction in the amount of debt outstanding on the Consolidated Balance Sheets. Unamortized deferred financing costs relating to the revolving credit facility are recorded in Other assets on the Consolidated Balance Sheets.

Redeemable Noncontrolling Interests

Noncontrolling interests in subsidiaries that are redeemable for cash or other assets outside of the Company’s control are classified as mezzanine equity, outside of equity and liabilities, at the greater of the carrying value or the redemption value. The increases or decreases in the estimated redemption amount are recorded with corresponding adjustments against Capital in excess of par value and are reflected in the computation of earnings per share using the two-class method.

Recent Accounting Pronouncements

In November 2021, the FASB issued Accounting Standards Update ("ASU") 2021-10, "Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance." The ASU requires annual disclosures about transactions with a government that are accounted for by applying a grant or contribution accounting model by analogy. This guidance is effective for all entities for annual periods beginning after December 15, 2021 and early adoption is permitted. The Company is currently evaluating the impact of this guidance, but does not expect this guidance to have a material impact on its Consolidated Financial Statements.

In October 2021, the FASB issued Accounting Standards Update ("ASU") 2021-08, "Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers." The ASU is intended to provide specific guidance on how to recognize and measure acquired contract assets and liabilities from revenue contracts in a business combination. An acquirer needs to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606, Revenue from Contracts with Customers. At the acquisition date, an acquirer should account for the related revenue contracts in accordance with Topic 606 as if it had originated the contracts. To achieve this, an acquirer may assess how the acquiree applied Topic 606 to determine what to record for the acquired revenue contracts. This guidance is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, and early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact of this guidance, but does not expect this guidance to have a material impact on its Consolidated Financial Statements.

In March 2020, the FASB issued Accounting Standards Update ("ASU") 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” The ASU is intended to simplify various aspects related to the cessation of reference rates in certain financial markets that would otherwise create modification accounting or changes in estimate. This guidance is effective for the period from March 12, 2020 to December 31, 2022. In January 2021, the FASB issued the subsequent amendment Accounting Standards Update ("ASU") 2021-01, "Reference Rate Reform (Topic 848): Scope" to the initial guidance. Alternative reference rates that are more observable or transaction based have been identified and are being transitioned to in numerous jurisdictions globally, such as a receive-variable-rate, pay-variable-rate cross currency interest rate swap. This guidance is effective immediately for all entities, but does not apply to any contract modifications or new hedging relationships entered into after December 31, 2022. This guidance was adopted and does not have a material impact on the Company's Consolidated Financial Statements.

In October 2020, the FASB issued Accounting Standards Updates ("ASU") 2020-09, "Debt (Topic 470): Amendments to SEC Paragraphs Pursuant to SEC Release No. 33-10762" and 2020-10, "Codification Improvements." ASU 2020-09 is intended to amend and supersede various SEC paragraphs pursuant to the issuance of SEC Release No. 33-10762 and is effective on January 4, 2021. ASU 2020-10 is intended to improve the consistency of the FASB Accounting Standards Codification ("Codification") and clarify guidance by including all disclosure guidance in the appropriate Disclosure Section of the Codification to help reduce the likelihood that disclosure requirements would be missed. ASU 2020-10 is effective for fiscal years beginning after December 15, 2020, and early adoption is permitted for any annual or interim period within those fiscal years. The Company has determined that neither guidance will have an impact on its Consolidated Financial Statements and will have a minimal impact on its disclosures.

In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes”, and intended to simplify various aspects related to accounting for income taxes. This guidance is effective for fiscal years beginning after December 15, 2020, and for interim periods within those fiscal years, with early adoption permitted. This guidance was adopted on January 2, 2021 and does not have a material impact on the Company's Consolidated Financial Statements.

In August 2018, the FASB issued ASU 2018-14, "Compensation - Retirement Benefits - Defined Benefit Plans (Subtopic 715-20)", which modifies the disclosure requirements on company-sponsored defined benefit plans. The ASU is effective for fiscal years beginning after December 15, 2020 on a retrospective basis to all periods presented. The Company has determined that this guidance will not have an impact on its Consolidated Financial Statements and will have a minimal impact on its disclosures.

In June 2016, the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments", with subsequent amendments, which requires issuers to measure expected credit losses for financial assets based on historical experience, current conditions and reasonable and supportable forecasts. As such, an entity will use forward-looking information to estimate credit losses. The Company adopted the guidance effective the first day of its 2020 fiscal year and performed an evaluation of the applicable criteria, including the aging of its trade receivables, recent write-off history and other factors related to future macroeconomic conditions. As a result of the evaluation, the Company determined that no adjustment was required to the level of its allowances for bad debts or to the carrying value of any other financial asset. The Company is exposed to credit losses primarily through its sales of products. To determine the appropriate allowance for expected credit losses, the Company considers certain credit quality indicators, such as aging, collection history, and creditworthiness of debtors. Regional and Global Credit committees review and approve specific customer allowance reserves. The allowance for expected credit losses is primarily based on two factors: i) the aging of the different categories of trade receivables, and ii) a specific reserve for accounts identified as uncollectable. The Company also considers current and future economic conditions in the determination of the allowance. At December 31, 2021, the Company reported $1.906 billion of trade receivables, net of allowances of $46 million. Based on the aging analysis as of December 31, 2021, approximately 91% of our accounts receivable were current based on the payment terms of the invoice. Receivables that are past due by over 365 days account for approximately 1% of our accounts receivable.

The following is a rollforward of the Company's allowances for bad debts for the year of 2021:


(DOLLARS IN MILLIONS)	Allowance for Bad Debts
Balance at December 31, 2020	$	21
Bad debt expense	6
Write-offs	(1)
Other adjustments(1)	20

Balance at December 31, 2021	$	46

_______________________

(1)The adjustment to allowances for bad debts was a result of purchase price allocation related to the Merger with N&B.

Accumulated Other Comprehensive Income (Loss) - Schedule of Changes in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive loss, net of tax	$ 6,310
Accumulated other comprehensive loss, net of tax	21,082	$ 6,310
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive loss, net of tax	(285)	(373)	$ (397)
OCI before reclassifications	(848)	88	24
Amounts reclassified from AOCI	0	0	0
Net current period other comprehensive income (loss)	(848)	88	24
Accumulated other comprehensive loss, net of tax	(1,133)	(285)	(373)
(Losses) Gains on Derivatives Qualifying as Hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive loss, net of tax	(7)	2	5
OCI before reclassifications	1	(5)	5
Amounts reclassified from AOCI	7	(4)	(8)
Net current period other comprehensive income (loss)	8	(9)	(3)
Accumulated other comprehensive loss, net of tax	1	(7)	2
Pension and Postretirement Liability Adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive loss, net of tax	(406)	(346)	(310)
OCI before reclassifications	97	(74)	(46)
Amounts reclassified from AOCI	18	14	10
Net current period other comprehensive income (loss)	115	(60)	(36)
Accumulated other comprehensive loss, net of tax	(291)	(406)	(346)
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive loss, net of tax	(698)	(717)	(702)
OCI before reclassifications	(750)	9	(17)
Amounts reclassified from AOCI	25	10	2
Net current period other comprehensive income (loss)	(725)	19	(15)
Accumulated other comprehensive loss, net of tax	$ (1,423)	$ (698)	$ (717)

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-Section 55
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=84165509&loc=d3e56426-112766

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 4.E)
-URI http://asc.fasb.org/extlink&oid=122038336&loc=d3e74512-122707

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(31))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

+ Details

Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Accumulated Other Comprehensive Income Loss

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables present changes in the accumulated balances for each component of other comprehensive income, including current period other comprehensive income and reclassifications out of accumulated other comprehensive income:


(DOLLARS IN MILLIONS)	Foreign Currency Translation Adjustments		(Losses) Gains on Derivatives Qualifying as Hedges		Pension and Postretirement Liability Adjustment		Total
Accumulated other comprehensive loss, net of tax, as of December 31, 2020	$	(285)	$	(7)	$	(406)	$	(698)
OCI before reclassifications	(848)		1		97		(750)
Amounts reclassified from AOCI	—		7		18		25
Net current period other comprehensive income (loss)	(848)		8		115		(725)
Accumulated other comprehensive loss, net of tax, as of December 31, 2021	$	(1,133)	$	1	$	(291)	$	(1,423)


(DOLLARS IN MILLIONS)	Foreign Currency Translation Adjustments		(Losses) Gains on Derivatives Qualifying as Hedges		Pension and Postretirement Liability Adjustment		Total
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2019	$	(373)	$	2	$	(346)	$	(717)
OCI before reclassifications	88		(5)		(74)		9
Amounts reclassified from AOCI	—		(4)		14		10
Net current period other comprehensive income (loss)	88		(9)		(60)		19
Accumulated other comprehensive loss, net of tax, as of December 31, 2020	$	(285)	$	(7)	$	(406)	$	(698)


(DOLLARS IN MILLIONS)	Foreign Currency Translation Adjustments		(Losses) Gains on Derivatives Qualifying as Hedges		Pension and Postretirement Liability Adjustment		Total
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2018	$	(397)	$	5	$	(310)	$	(702)
OCI before reclassifications	24		5		(46)		(17)
Amounts reclassified from AOCI	—		(8)		10		2
Net current period other comprehensive income (loss)	24		(3)		(36)		(15)
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2019	$	(373)	$	2	$	(346)	$	(717)

The following table provides details about reclassifications out of AOCI to the Consolidated Statement of Comprehensive Income:


	Year Ended December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019		Affected Line Item in the Consolidated Statement of Comprehensive Income
(Losses) gains on derivatives qualifying as hedges

Foreign currency contracts	$	(7)	$	6	$	10	Cost of goods sold
Interest rate swaps	(1)		(1)		(1)		Interest expense
Tax	1		(1)		(1)		Provision for income taxes
Total	$	(7)	$	4	$	8	Total, net of income taxes
(Losses) gains on pension and postretirement liability adjustments

Prior service cost	$	7	$	7	$	6	(1)
Actuarial losses	(38)		(30)		(19)		(1)
Other items	17		—		—		(2)
Tax	(4)		9		3		Provision for income taxes
Total	$	(18)	$	(14)	$	(10)	Total, net of income taxes

_______________________

(1)The amortization of prior service cost and actuarial loss is included in the computation of net periodic benefit cost. Refer to Note 15 to the Consolidated Financial Statements for additional information regarding net periodic benefit cost.

(2)Represents certain amounts of pension income that were corrected in the current year. Refer to Note 15 for additional information.

Nature of Operations and Summary of Significant Accounting Policies - Schedule of Inventory (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Raw materials	$ 854	$ 566
Work in process	287	38
Finished goods	1,375	528
Total	$ 2,516	$ 1,132

Subsequent Events (Notes)	12 Months Ended
Subsequent Events (Notes)	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS Health Wright Products, LLC Acquisition On February 16, 2022, the Company announced that it had entered into an agreement to acquire Health Wright Products, LLC, a leader in formulation and capsule manufacturing for the dietary supplement industry.

Segment Information - Net Sales by Geographic Area (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Net sales	$ 11,656	$ 5,084	$ 5,140
Europe, Africa and Middle East [Member]
Segment Reporting Information [Line Items]
Net sales	4,093	1,987	2,082
Greater Asia [Member]
Segment Reporting Information [Line Items]
Net sales	2,728	1,162	1,163
North America [Member]
Segment Reporting Information [Line Items]
Net sales	3,499	1,228	1,170
Latin America [Member]
Segment Reporting Information [Line Items]
Net sales	1,336	707	725
Geographic Distribution, Domestic [Member]
Segment Reporting Information [Line Items]
Net sales	3,211	1,093	1,053
Geographic Distribution, Foreign [Member]
Segment Reporting Information [Line Items]
Net sales	$ 8,445	$ 3,991	$ 4,087

- Definition

+ References

+ Details

Stock Compensation Plans - Liability Awards - Additional Information (Detail) - Cash RSU's [Member] $ in Millions	12 Months Ended
	Dec. 31, 2021 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage granted in cash to eligible employees	100.00%
Vesting percentage	100.00%
Vesting period, in years	3 years
Total fair value of vested	$ 5
Unrecognized compensation cost related to non-vested stock options and SSAR, RSU, PRS and Cash RSU awards granted	$ 8
Unrecognized compensation cost related to non-vested stock options and SSAR, RSU, PRS and Cash RSU awards granted, weighted average period, in years	2 years

Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)


(DOLLARS IN MILLIONS)	Foreign Currency Translation Adjustments		(Losses) Gains on Derivatives Qualifying as Hedges		Pension and Postretirement Liability Adjustment		Total
Accumulated other comprehensive loss, net of tax, as of December 31, 2020	$	(285)	$	(7)	$	(406)	$	(698)
OCI before reclassifications	(848)		1		97		(750)
Amounts reclassified from AOCI	—		7		18		25
Net current period other comprehensive income (loss)	(848)		8		115		(725)
Accumulated other comprehensive loss, net of tax, as of December 31, 2021	$	(1,133)	$	1	$	(291)	$	(1,423)


(DOLLARS IN MILLIONS)	Foreign Currency Translation Adjustments		(Losses) Gains on Derivatives Qualifying as Hedges		Pension and Postretirement Liability Adjustment		Total
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2019	$	(373)	$	2	$	(346)	$	(717)
OCI before reclassifications	88		(5)		(74)		9
Amounts reclassified from AOCI	—		(4)		14		10
Net current period other comprehensive income (loss)	88		(9)		(60)		19
Accumulated other comprehensive loss, net of tax, as of December 31, 2020	$	(285)	$	(7)	$	(406)	$	(698)


(DOLLARS IN MILLIONS)	Foreign Currency Translation Adjustments		(Losses) Gains on Derivatives Qualifying as Hedges		Pension and Postretirement Liability Adjustment		Total
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2018	$	(397)	$	5	$	(310)	$	(702)
OCI before reclassifications	24		5		(46)		(17)
Amounts reclassified from AOCI	—		(8)		10		2
Net current period other comprehensive income (loss)	24		(3)		(36)		(15)
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2019	$	(373)	$	2	$	(346)	$	(717)

Reclassifications of Accumulated Other Comprehensive Income to Consolidated Statement of Comprehensive Income

The following table provides details about reclassifications out of AOCI to the Consolidated Statement of Comprehensive Income:


	Year Ended December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019		Affected Line Item in the Consolidated Statement of Comprehensive Income
(Losses) gains on derivatives qualifying as hedges

Foreign currency contracts	$	(7)	$	6	$	10	Cost of goods sold
Interest rate swaps	(1)		(1)		(1)		Interest expense
Tax	1		(1)		(1)		Provision for income taxes
Total	$	(7)	$	4	$	8	Total, net of income taxes
(Losses) gains on pension and postretirement liability adjustments

Prior service cost	$	7	$	7	$	6	(1)
Actuarial losses	(38)		(30)		(19)		(1)
Other items	17		—		—		(2)
Tax	(4)		9		3		Provision for income taxes
Total	$	(18)	$	(14)	$	(10)	Total, net of income taxes

_______________________

(2)Represents certain amounts of pension income that were corrected in the current year. Refer to Note 15 for additional information.

Shareholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Nov. 01, 2017	Oct. 31, 2017	Aug. 31, 2015	Dec. 31, 2012
Equity [Abstract]
Dividends declared per share (in dollars per share)	$ 3.12	$ 3.04	$ 2.96
Dividends payable	$ 201	$ 82	$ 80
Dividend per share declared (in dollars per share)	$ 0.79	$ 0.77	$ 0.75
Shares authorized under repurchase program							$ 250
Additional authorized amount				$ 250		$ 250
Remaining authorized amended repurchase amount					$ 56
Remaining authorized repurchase amount	$ 280			$ 300
Remaining number of shares authorized to be repurchase	1,856,397
Stock repurchased during period as percentage of shares outstanding	0.80%

Schedule II - Valuation and Qualifying Accounts and Reserves (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Allowance for doubtful accounts [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	$ 21	$ 16	$ 9
Additions (deductions) charged to costs and expenses	6	6	1
Acquisitions	0	0	0
Accounts written off	(1)	(1)	(2)
Translation adjustments	0	0	0
Other	20	0	8
Balance at end of period	46	21	16
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	257	204	200
Additions (deductions) charged to costs and expenses	(18)	35	6
Acquisitions	9	0	0
Accounts written off	0	0	0
Translation adjustments	(16)	18	(2)
Other	0	0	0
Balance at end of period	$ 232	$ 257	$ 204

Other Assets And Liabilities, Current and Noncurrent

12 Months Ended

Dec. 31, 2021

Other Assets [Abstract]

Other Assets And Liabilities Disclosure, Current and Noncurrent

OTHER CURRENT ASSETS AND LIABILITIES, AND OTHER ASSETS

Prepaid expenses and other current assets consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Value-added tax receivable	$	178	$	93
Income tax receivable	131		100
Prepaid expenses	288		100
Other	131		49
Total	$	728	$	342

Other assets consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Finance lease right-of-use assets	$	21	$	8
Deferred income taxes	82		197
Overfunded pension plans	136		101
Cash surrender value of life insurance contracts	52		49
Equity method investments	86		5
Other(1)	239		58
Total	$	616	$	418

_______________________

(1)Includes land usage rights in China and long term deposits.

Other current liabilities consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Rebates and incentives payable	$	113	$	64
Value-added tax payable	50		20
Interest payable	48		29
Current pension and other postretirement benefit obligation	11		13
Accrued insurance (including workers’ compensation)	10		11
Earn outs payable	—		14
Restructuring and other charges	29		14
Current operating lease obligation	109		41
Current financing lease obligation	5		3
Accrued income taxes	94		42
Other accounts payable and accrued expenses payable	270		160
Other	93		88
Total	$	832	$	499

Leases (Notes)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Leases

LEASES

The Company has leases for corporate offices, manufacturing facilities, research and development facilities, and certain transportation and office equipment, the majority of which are operating leases. The Company's leases have remaining lease terms of up to 40 years, some of which include options to extend the leases for up to 5 years.

The components of lease expense were as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Operating lease cost	$	168	$	62
Financing lease cost	7		4

Supplemental cash flow information related to leases was as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flow for operating leases	$	129	$	52

Financing cash flow for finance leases	6		4
Right-of-use assets obtained in exchange for lease obligations
Operating leases	88		63
Finance leases	15		6

Supplemental balance sheet information related to leases was as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Operating Leases
Operating lease right-of-use assets	$	767	$	299

Current operating lease obligations(2)	109		41
Operating lease liabilities	670		265
Total operating lease liabilities	$	779	$	306
Financing Leases
Financing lease right-of-use assets(1)	$	21	$	8

Current financing lease obligations(2)	5		3
Financing lease liabilities(3)	15		4
Total financing lease liabilities	$	20	$	7

_______________________

(1)Presented in Other assets in the Consolidated Balance Sheets.

(2)Presented in Other current liabilities in the Consolidated Balance Sheets.

(3)Presented in Other liabilities in the Consolidated Balance Sheets.

Weighted average remaining lease term and discount rate were as follows:


	December 31,
	2021		2020
Weighted average remaining lease term in years
Operating leases	11.1		10.5
Finance leases	4.3		2.9
Weighted average discount rate
Operating leases	2.73	%	3.82	%
Finance leases	1.85	%	1.81	%

Maturities of lease liabilities as of December 31, 2021 were as follows:


(DOLLARS IN MILLIONS)	Operating Leases		Financing Leases		Total
2022	$	127	$	7	$	134
2023	97		5		102
2024	82		3		85
2025	78		2		80
2026	73		2		75
Thereafter	459		2		461
Total undiscounted liabilities	916		21		937
Less: Imputed interest	(137)		(1)		(138)
Total lease liabilities	$	779	$	20	$	799

Right-of-use assets and lease liabilities acquired from N&B were remeasured at the present value of the future minimum lease payments over the remaining lease term utilizing an updated incremental borrowing rate of the Company as if the acquired leases were new leases as of the Closing Date. Right-of-use assets were further adjusted for any off-market terms of the lease. The remaining lease term is based on the remaining term at the Closing Date plus any renewal or extension options that the Company is reasonably certain will be exercised. Additionally, the Company has elected short-term lease treatment for those acquired lease contracts which, at the Closing Date, have a remaining lease term of 12 months or less. For the leases acquired through the Transactions, the Company will retain the previous lease classification. This resulted in an increase in both right-of-use assets and operating lease liabilities of approximately $525 million and $523 million, respectively, as of the Closing Date.

Employee Benefits - Components of Net Periodic Benefit Cost and Changes in Plan Assets and Benefit Obligations Recognized in OCI (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Other Cost (Credit)	$ 17
Postretirement Benefit Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned(1)	1	$ 1	$ 1
Interest cost on projected benefit obligation(2)	1	2	2
Net amortization of deferrals(2)	(20)	(5)	(5)
Net periodic benefit cost	(12)	(2)	$ (2)
Net actuarial loss (gain)	(3)	5
Recognized actuarial loss	(2)	(1)
Recognized prior service credit	6	6
Total (gain) loss recognized in OCI (before tax effects)	1	$ 10
Postretirement Benefit Plan [Member] \| Restatement Adjustment [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest cost on projected benefit obligation(2)	$ 7

Redeemable Noncontrolling Interests

12 Months Ended

Dec. 31, 2021

Noncontrolling Interest [Abstract]

Redeemable Noncontrolling Interests

REDEEMABLE NON-CONTROLLING INTERESTSThrough certain subsidiaries of the Company's Frutarom acquisition, there are certain non-controlling interests that carry redemption features. The non-controlling interest holders have the right, over a stipulated period of time, to sell their respective interests to Frutarom, and Frutarom has the option to purchase these interests (subject to the same timing). These options carry, in most cases, similar price and conditions of exercise, and will be settled on a pre-agreed formula based on a multiple of the average EBITDA of consecutive quarters to be achieved during the period ending prior to the exercise date.

The following table sets forth the details of the Company's redeemable non-controlling interests:


(DOLLARS IN MILLIONS)	Redeemable Noncontrolling Interests
Balance at December 31, 2018	$	82
Acquired through acquisitions during 2019	24

Share of profit or loss attributable to redeemable noncontrolling interests	1
Redemption value adjustment for the current period	2
Measurement period adjustments	5

Dividends paid	(1)
Exercises of redeemable noncontrolling interests	(14)
Balance at December 31, 2019	$	99

Impact of foreign exchange translation	13
Share of profit or loss attributable to redeemable noncontrolling interests	3
Redemption value adjustment for the current period	(2)
Measurement period adjustments	(1)

Dividends paid	(2)
Exercises of redeemable noncontrolling interests	(12)
Balance at December 31, 2020	$	98

Impact of foreign exchange translation	1
Share of profit or loss attributable to redeemable noncontrolling interests	6
Redemption value adjustment for the current period	2

Dividends paid	(2)

Balance at December 31, 2021	$	105

For 2019, the increase in redeemable non-controlling interests was primarily due to the interests acquired through acquisitions during the first quarter of 2019.

For 2020, the increase in redeemable non-controlling interests was primarily due to the impact of foreign exchange translation offset by the exercise of options. In addition, during 2020, the Company paid $14 million related to the purchase of certain non-controlling interests where the option related to the purchase had been exercised in the fourth quarter of 2019.

For 2021, the increase in redeemable non-controlling interests was primarily due to profits attributable to redeemable non-controlling interests.

Commitments and Contingencies - Additional Information (Detail) - USD ($)			3 Months Ended				12 Months Ended
	Mar. 11, 2020	Oct. 29, 2019	Sep. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Dec. 31, 2017	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Jul. 28, 2021	Aug. 25, 2020
Commitments And Contingencies [Line Items]
Commercial Guarantees, Amount Outstanding							$ 98,000,000
Available lines of credit							1,398,000,000
Bank guarantees and pledged assets to pursue defenses related to other contingencies							19,000,000
Property, plant and equipment							4,368,000,000	$ 1,458,000,000
Bank Guarantees and Standby Letters of Credit, Amount Outstanding							28,000,000
Lines of Credit Facility, Current Borrowing Amount/Total Amount Drawn Down							334,000,000
Commercial Paper							324,000,000	0
Revolving Loan Facility [Member]
Commitments And Contingencies [Line Items]
Revolving credit facility											$ 1,000,000,000
Revolving Loan Facility [Member] \| Citibank, N.A [Member]
Commitments And Contingencies [Line Items]
Revolving credit facility							1,025,000,000.000			$ 2,000,000,000
Chief Executive Officer [Member]
Commitments And Contingencies [Line Items]
Deferred Compensation Arrangement with Individual, Compensation Expense	$ 20,000,000	$ 20,000,000
Minimum [Member]
Commitments And Contingencies [Line Items]
Estimated maximum future costs of environmental liabilities for identified sites (less than $5 million)							0
Maximum [Member]
Commitments And Contingencies [Line Items]
Estimated maximum future costs of environmental liabilities for identified sites (less than $5 million)							42,000,000
Hangzhou, China [Member]
Commitments And Contingencies [Line Items]
Proceeds from Sale of Land Held-for-use					$ 4,000,000
Property, plant and equipment							67,000,000
CHINA
Commitments And Contingencies [Line Items]
Property, plant and equipment							259,000,000	172,000,000
Manufacturing Facility [Member] \| CHINA
Commitments And Contingencies [Line Items]
Property, plant and equipment							279,000,000
Pledged assets [Member]
Commitments And Contingencies [Line Items]
The amount of pledged assets, principally PP&E to cover income tax and indirect tax assessments							7,000,000
Bank guarantees [Member]
Commitments And Contingencies [Line Items]
Bank guarantees related to appeals on income tax and indirect tax cases							12,000,000
Bank Guarantees, Commercial Guarantees, Standby Letters Of Credit and Surety Bonds
Commitments And Contingencies [Line Items]
Bank Guarantees, Commercial Guarantees, Letters Of Credit and Surety Bonds, Facility Amounts							392,000,000
Pharma Solutions
Commitments And Contingencies [Line Items]
Current accrual							40,000,000
Current associated costs							21,000,000
BRAZIL \| Foreign Tax Authority [Member]
Commitments And Contingencies [Line Items]
Proceeds from Income Tax Refunds				$ 4,000,000	$ 8,000,000
BRAZIL \| Foreign Tax Authority [Member] \| BRAZIL
Commitments And Contingencies [Line Items]
Proceeds from Income Tax Refunds								$ 3,000,000
Zhejiang Ingredients Plant [Member] \| Zhejiang, China [Member]
Commitments And Contingencies [Line Items]
Gain Contingency, Relocation Payments Received			$ 13,000,000						$ 30,000,000
Gain Contingency, Expected Relocation Payments						$ 50,000,000
Guangzhou Flavors Plant [Member] \| Guangzhou, China [Member]
Commitments And Contingencies [Line Items]
Property, plant and equipment							60,000,000
Guangzhou Fragrance Plant [Member] \| Guangzhou, China [Member]
Commitments And Contingencies [Line Items]
Property, plant and equipment							$ 8,000,000

Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment, Net

PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment consisted of the following amounts:


(DOLLARS IN MILLIONS)	December 31,
	2021		2020
Asset Type
Land	$	223	$	84
Buildings and improvements	1,764		932
Machinery and equipment	3,442		1,525
Information technology	271		251
Construction in process	461		136
Total Property, Plant and Equipment	6,161		2,928
Accumulated depreciation	(1,793)		(1,470)
Total Property, Plant and Equipment, Net	$	4,368	$	1,458

Depreciation expense was $424 million, $132 million and $130 million for the years ended December 31, 2021, 2020 and 2019, respectively.

Goodwill and Other Intangible Assets, Net

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets, Net

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

Goodwill

Movements in goodwill attributable to each reportable segment during the years ended December 31, 2020 and 2021 were as follows:


(DOLLARS IN MILLIONS)	Nourish		Health & Biosciences		Scent		Pharma Solutions		Total
Balance at December 31, 2019	$	4,873	$	—	$	624	$	—	$	5,497


Measurement period adjustment(1)	(15)		—		—		—		(15)
Foreign exchange	86		—		25		—		111
Reallocation	(85)		—		85		—		—

Balance at December 31, 2020	4,859		—		734		—		5,593
Acquisitions(2)	2,900		6,712		876		1,329		11,817

Transferred to assets held for sale	—		(536)		—		—		(536)
Reduction from business divestiture	(27)		—		—		—		(27)
Foreign exchange	(192)		(155)		(39)		(47)		(433)
Reallocation	(985)		728		257		—		—

Balance at December 31, 2021	$	6,555	$	6,749	$	1,828	$	1,282	$	16,414

_______________________

(1)Measurement period adjustments relate to the 2019 Acquisition Activity.

(2)Acquisitions relate to the Merger with N&B. See Note 3 for additional information.

Annual Goodwill Impairment Test

For the annual impairment test as of November 30, 2021, the Company utilized Step 0 of the guidance in ASC Topic 350, Intangibles – Goodwill and Other, which allows for the assessment of qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If, based on a review of qualitative factors, it is more likely than not that the fair value of a reporting unit is less than its carrying value, a quantitative impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. Based on a review of qualitative factors, the Company determined that for four of the reporting units, a quantitative (Step 1) impairment analysis was not necessary to determine if the carrying values of the reporting unit exceeded their fair values. For the other three reporting units (Nourish, Health & Biosciences and Pharma Solutions), the Company determined that a Step 1 test was necessary.

The Company assessed the fair value of the reporting units primarily using an income approach. Under the income approach, the Company determines the fair value by using a discounted cash flow method at a rate of return that reflects the relative risk of the projected future cash flows of each reporting unit, as well as a terminal value. The Company uses the most current actual and forecasted operating data available. Key estimates and assumptions used in these valuations include revenue growth rates and gross margins based on internal forecasts and historical operating trends of the Company, and discount rates.

In performing the quantitative impairment test, the Company determined that the fair value of the three reporting units exceeded their carrying values and, taken together with the results of the qualitative test, we determined that there was no impairment of goodwill at any of the Company's seven reporting units in 2021. Based on the quantitative impairment test performed at November 30, 2021, the Company determined that the excess of fair values over their respective carrying values were 62%, 44% and 29% for the Nourish, Health & Biosciences and Pharma Solutions reporting units, respectively.

If current long-term projections for these reporting units are not realized or materially decrease, the Company may be required to write-off all or a portion of the goodwill. Such charge could have a material effect on the Consolidated Statements of Operations and Balance Sheets.

Other Intangible Assets

Other intangible assets, net consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Asset Type
Customer relationships	$	8,935	$	2,728
Technological know-how	2,494		479
Trade names & patents	411		187
Other	50		38
Total carrying value	11,890		3,432
Accumulated Amortization
Customer relationships	(887)		(470)
Technological know-how	(388)		(168)
Trade names & patents	(68)		(38)
Other	(41)		(29)
Total accumulated amortization	(1,384)		(705)
Other intangible assets, net	$	10,506	$	2,727

Amortization expense, which includes the amortization of all intangible assets, was $732 million for the year ended December 31, 2021 and $193 million for both the years ended December 31, 2020 and 2019. Amortization expense for the next five years and thereafter, based on valuations and determinations of useful lives, is expected to be as follows:


	December 31,
(DOLLARS IN MILLIONS)	2022		2023		2024		2025		2026
Estimated future intangible amortization expense	$	758	$	749	$	748	$	746	$	743

Leases - Balance Sheet (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease right-of-use assets	$ 767	$ 299
Current operating lease obligation	109	41
Operating Lease, Liability, Noncurrent	670	265
Operating Lease, Liability	779	306
Finance Lease, Right-of-Use Asset	21	8
Current financing lease obligation	5	3
Finance Lease, Liability, Noncurrent	15	4
Finance Lease, Liability	$ 20	$ 7
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other current liabilities	Other current liabilities
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities

CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Net sales	$ 11,656	$ 5,084	$ 5,140
Cost of goods sold	7,921	2,998	3,027
Gross profit	3,735	2,086	2,113
Research and development expenses	629	357	346
Selling and administrative expenses	1,749	949	876
Restructuring and other charges	41	17	30
Amortization of acquisition-related intangibles	732	193	193
(Gains) losses on sale of fixed assets	(1)	4	3
Operating profit	585	566	665
Interest expense	289	132	138
Other income, net	(58)	(7)	(30)
Income before taxes	354	441	557
Provision for income taxes	75	74	97
Net income	279	367	460
Net income attributable to noncontrolling interests	9	4	4
Net income available to IFF common shareholders	270	363	456
Other comprehensive income (loss):
Foreign currency translation adjustments	(848)	88	24
Gains (losses) on derivatives qualifying as hedges	8	(9)	(3)
Pension and postretirement liability adjustment	115	(60)	(36)
Comprehensive income (loss) attributable to IFF stockholders	$ (455)	$ 382	$ 441
Net income per share - basic (in dollars per share)	$ 1.11	$ 3.25	$ 4.05
Net income per share - diluted (in dollars per share)	$ 1.10	$ 3.21	$ 4.00
Average number of shares outstanding - basic (in shares)	243	112	112
Average number of shares outstanding - diluted (in shares)	243	114	113
Other Comprehensive Income (Loss), Net of Tax	$ (725)	$ 19	$ (15)

Leases - Weighted Average (Details)	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease weighted average remaining lease term	11 years 1 month 6 days	10 years 6 months
Finance lease weighted average remaining lease term	4 years 3 months 18 days	2 years 10 months 24 days
Operating lease weighted average discount rate	2.73%	3.82%
Finance lease weighted average discount rate	1.85%	1.81%

Employee Benefits - Changes in Postretirement Benefit Obligation and Plan Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Postretirement Benefit Plan [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	$ 69	$ 64
Service cost for benefits earned(1)	1	1	$ 1
Interest cost on projected benefit obligation(2)	1	2	2
Actuarial (gain) loss	(4)	5
Plan amendments	0	0
Adjustments for expense/tax contained in service cost	0	0
Plan participants’ contributions	0	0
Benefits paid	(4)	(3)
Curtailments / settlements	0	0
Translation adjustments	0	0
Acquisitions/Transferred Liabilities	3	0
Other	0	0
Benefit obligation at end of year	66	69	64
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Employer contributions	4
U.S Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	682	621
Service cost for benefits earned(1)	1	1	1
Interest cost on projected benefit obligation(2)	12	17	22
Actuarial (gain) loss	(5)	77
Plan amendments	0	0
Adjustments for expense/tax contained in service cost	0	0
Plan participants’ contributions	0	0
Benefits paid	(37)	(34)
Curtailments / settlements	0	0
Translation adjustments	0	0
Acquisitions/Transferred Liabilities	0	0
Other	9	0
Benefit obligation at end of year	662	682	621
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	678	602
Actual return on plan assets	3	106
Employer contributions	5	4
Plan participants’ contributions	0	0
Benefits paid	(37)	(34)
Settlements	0	0
Translation adjustments	0	0
Acquisitions/Transferred Assets	0	0
Other	0	0
Fair value of plan assets at end of year	649	678	602
Funded status at end of year	(13)	(4)
Non-U.S. Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	1,294	1,099
Service cost for benefits earned(1)	42	24	19
Interest cost on projected benefit obligation(2)	10	13	18
Actuarial (gain) loss	(146)	109
Plan amendments	(2)	0
Adjustments for expense/tax contained in service cost	(2)	(1)
Plan participants’ contributions	4	3
Benefits paid	(34)	(28)
Curtailments / settlements	(39)	(11)
Translation adjustments	(93)	86
Acquisitions/Transferred Liabilities	465	0
Other	2	0
Benefit obligation at end of year	1,501	1,294	1,099
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	1,145	1,005
Actual return on plan assets	25	84
Employer contributions	32	20
Plan participants’ contributions	4	3
Benefits paid	(34)	(28)
Settlements	(24)	(11)
Translation adjustments	(74)	70
Acquisitions/Transferred Assets	247	0
Other	(1)	2
Fair value of plan assets at end of year	1,320	1,145	$ 1,005
Funded status at end of year	$ (181)	$ (149)

Redeemable Noncontrolling Interests (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	$ 12
Sale of a subsidiary with redeemable noncontrolling interests	9	$ 4	$ 4
Exercises of redeemable noncontrolling interests	2	1	2
Ending balance	35	12
Payments to Acquire Additional Interest in Subsidiaries		14
Redeemable Noncontrolling Interest [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	98	99	82
Acquired through acquisitions			24
Sale of a subsidiary with redeemable noncontrolling interests	6	3	1
Redemption value adjustment for the current period	2	(2)	2
Exercises of redeemable noncontrolling interests		(12)	(14)
Exercises of redeemable noncontrolling interests	(2)	(2)	(1)
Impact of foreign exchange translation	1	13
Measurement period adjustments		(1)	5
Ending balance	$ 105	$ 98	$ 99

Employee Benefits - Weighted Average Assumptions Used to Determine Postretirement Benefit Expense and Obligation (Detail)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Liability [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.90%	2.60%
Current medical cost trend rate	6.75%	7.00%
Ultimate medical cost trend rate	4.75%	4.75%
Expense [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.60%	3.30%
Current medical cost trend rate	7.00%	7.25%
Ultimate medical cost trend rate	4.75%	4.75%

Nature of Operations and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Organization And Summary Of Significant Accounting Policies [Line Items]
Operating lease right-of-use assets	$ 767	$ 299
Operating Lease, Liability	779	306
Cumulative adjustment relating to the adoption of ASC 2016-16	$ 21,117	$ 6,322	$ 6,229	$ 6,043
Minimum percentage chance of tax benefit realization in final settlement	50.00%
Prior service costs from plan improvements amortization period, minimum, years	10 years
Prior service costs from plan improvements amortization period, maximum, years	20 years
Amortization period of internal and external development costs, years	7 years
Difference amount between basic and diluted net income per share (in dollars per share)	$ 0.01	$ 0.04	$ 0.01
Inventories	$ 2,516	$ 1,132
Accounts Receivable, Allowance for Credit Loss	46
Accounts Receivable, Credit Loss Expense (Reversal)	6
Accounts Receivable, Allowance for Credit Loss, Writeoff	(1)
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	$ 20
Accounts Receivables, Outstanding Less Than 90 Days	91.00%
Receivables, Net, Current	$ 1,906
Accounts Receivables, Outstanding By Over 365 Days	1.00%
Cash and cash equivalents	$ 711	650	$ 607
Restricted cash	4	7	17
Restricted Cash, Noncurrent	1	3	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	716	660	624	649
Accounts Receivable, before Allowance for Credit Loss	$ 1,952	950
Restatement Adjustment [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Accounts Receivable, Allowance for Credit Loss		21
Minimum [Member] \| Customer Relationships [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Other intangible assets amortized period, years	10 years
Minimum [Member] \| Patents [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Other intangible assets amortized period, years	11 years
Minimum [Member] \| Trade Names [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Other intangible assets amortized period, years	4 years
Minimum [Member] \| Technological Know-how [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Other intangible assets amortized period, years	5 years
Minimum [Member] \| Buildings And Improvements [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of property, plant and equipment, years	1 year
Minimum [Member] \| Machinery and equipment [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of property, plant and equipment, years	1 year
Minimum [Member] \| Information Technology Hardware And Software [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of property, plant and equipment, years	1 year
Maximum [Member] \| Customer Relationships [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Other intangible assets amortized period, years	27 years
Maximum [Member] \| Patents [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Other intangible assets amortized period, years	15 years
Maximum [Member] \| Trade Names [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Other intangible assets amortized period, years	28 years
Maximum [Member] \| Technological Know-how [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Other intangible assets amortized period, years	28 years
Maximum [Member] \| Buildings And Improvements [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of property, plant and equipment, years	50 years
Maximum [Member] \| Machinery and equipment [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of property, plant and equipment, years	40 years
Maximum [Member] \| Information Technology Hardware And Software [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life of property, plant and equipment, years	23 years
Accounting Standards Update 2016-02 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Cumulative adjustment relating to the adoption of ASC 2016-16				23
Accounting Standards Update 2017-12 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Cumulative adjustment relating to the adoption of ASC 2016-16				0
Retained earnings [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Cumulative adjustment relating to the adoption of ASC 2016-16	$ 3,641	4,156	4,118	3,956
Retained earnings [Member] \| Accounting Standards Update 2016-02 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Cumulative adjustment relating to the adoption of ASC 2016-16				23
Retained earnings [Member] \| Accounting Standards Update 2017-12 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Cumulative adjustment relating to the adoption of ASC 2016-16				$ (1)
Trade Accounts Receivable With Factoring Agreements [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Trade Receivables Held-for-sale, Amount	250
Proceeds From Sale Of Accounts Receivable	19	43	38
Payments To Participate In Factoring Receivable Program	$ 6	$ 4	$ 7

Financial Instruments - Carrying Amount and Estimated Fair Value of Financial Instruments (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial Paper	$ 324	$ 0
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	711	650
Credit facilities and bank overdrafts	7	2
Derivative assets(3)	0	1
Derivative liabilities(3)	7	29
Commercial Paper	324	0
Carrying Amount [Member] \| Senior Notes, Euro Notes, 2021 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes, Current	0	368
Carrying Amount [Member] \| Senior Notes - 2023 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	300	299
Carrying Amount [Member] \| Senior Notes, Euro Notes, 2024 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	565	614
Carrying Amount [Member] \| Senior Notes, Euro Notes, 2026 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	900	978
Carrying Amount [Member] \| Senior Notes - 2028 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	397	397
Carrying Amount [Member] \| Senior notes - 2047 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	494	494
Carrying Amount [Member] \| Senior Notes - 2048 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	786	786
Carrying Amount [Member] \| Term Loan Credit Agreement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	0	240
Carrying Amount [Member] \| Amortizing Note
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	0	36
Carrying Amount [Member] \| 2022 Term Loan [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	0	199
Carrying Amount [Member] \| Senior Notes, Due Two Thousand Twenty Five
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	1,001	0
Carrying Amount [Member] \| Senior Notes, Due Two Thousand Twenty Seven
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	1,218	0
Carrying Amount [Member] \| Senior Notes, Due Two Thousand Thirty
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	1,511	0
Carrying Amount [Member] \| Senior Notes, Due Two Thousand Forty
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	775	0
Carrying Amount [Member] \| Senior Notes, Due Two Thousand Fifty
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	1,572	0
Carrying Amount [Member] \| 2024 Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	625	0
Carrying Amount [Member] \| 2026 Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	625	0
Carrying Amount [Member] \| Senior Notes, Due Two Thousand Twenty Two
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes, Current	300	0
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	711	650
Credit facilities and bank overdrafts	7	2
Derivative assets(3)	0	1
Derivative liabilities(3)	7	29
Commercial Paper	324	0
Fair Value [Member] \| Senior Notes, Euro Notes, 2021 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes, Current	0	370
Fair Value [Member] \| Senior Notes - 2023 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	308	316
Fair Value [Member] \| Senior Notes, Euro Notes, 2024 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	585	648
Fair Value [Member] \| Senior Notes, Euro Notes, 2026 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	960	1,061
Fair Value [Member] \| Senior Notes - 2028 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	452	472
Fair Value [Member] \| Senior notes - 2047 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	585	608
Fair Value [Member] \| Senior Notes - 2048 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	1,026	1,059
Fair Value [Member] \| Term Loan Credit Agreement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	0	240
Fair Value [Member] \| Amortizing Note
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	0	37
Fair Value [Member] \| 2022 Term Loan [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	0	200
Fair Value [Member] \| Senior Notes, Due Two Thousand Twenty Five
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	968	0
Fair Value [Member] \| Senior Notes, Due Two Thousand Twenty Seven
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	1,180	0
Fair Value [Member] \| Senior Notes, Due Two Thousand Thirty
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	1,466	0
Fair Value [Member] \| Senior Notes, Due Two Thousand Forty
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	762	0
Fair Value [Member] \| Senior Notes, Due Two Thousand Fifty
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	1,556	0
Fair Value [Member] \| 2024 Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	625	0
Fair Value [Member] \| 2026 Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	625	0
Fair Value [Member] \| Senior Notes, Due Two Thousand Twenty Two
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes, Current	$ 300	$ 0

Restructuring and Other Charges - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021 USD ($) Facility Position	Dec. 31, 2020 USD ($) Facility	Dec. 31, 2019 USD ($) Position
Restructuring Cost and Reserve [Line Items]
Number Of Sites Closed \| Facility		21
Additional charges, net	$ 41	$ 17	$ 30
Severance costs	4
Restructuring Reserve [Roll Forward]
Balance	14	21	5
Additional Charges (Reversals), Net	41	17	30
Non-Cash Charges	(8)	(12)	(1)
Cash Payments	(18)	(12)	(13)
Balance	29	14	21
Nutrition & Biosciences, Inc [Member]
Restructuring Reserve [Roll Forward]
Additional Charges (Reversals), Net	$ 30
Frutarom Integration Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Expected number of sites closed \| Facility	30
Number Of Sites Closed \| Facility	1
2017 Productivity Program [Member]
Restructuring Cost and Reserve [Line Items]
Additional charges, net	$ 24
Severance
Restructuring Cost and Reserve [Line Items]
Expected Number of Positions Eliminated \| Position	200
Restructuring Reserve [Roll Forward]
Balance	$ 2	0
Additional Charges (Reversals), Net	0	3
Non-Cash Charges	0	0
Cash Payments	(1)	(1)
Balance	1	2	0
Severance \| Nutrition & Biosciences, Inc [Member]
Restructuring Reserve [Roll Forward]
Balance	0
Additional Charges (Reversals), Net	27
Non-Cash Charges	0
Cash Payments	(12)
Balance	15	0
Severance \| Frutarom Integration Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Additional charges, net	37
Other Restructuring Costs	42
Restructuring Reserve [Roll Forward]
Balance	3	4	0
Additional Charges (Reversals), Net	5	2	6
Non-Cash Charges	0	0	0
Cash Payments	(3)	(3)	(2)
Balance	5	3	$ 4
Severance \| 2019 Severance Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Additional charges, net	20
Expected Number of Positions Eliminated \| Position			190
Restructuring Reserve [Roll Forward]
Balance	6	13	$ 0
Additional Charges (Reversals), Net	0	(1)	21
Non-Cash Charges	0	0	0
Cash Payments	(1)	(6)	(8)
Balance	5	6	13
Severance \| 2017 Productivity Program [Member]
Restructuring Reserve [Roll Forward]
Balance	0	1	4
Additional Charges (Reversals), Net		(1)	(2)
Non-Cash Charges		0	0
Cash Payments		0	(1)
Balance		0	1
Other(1)
Restructuring Reserve [Roll Forward]
Balance	0
Additional Charges (Reversals), Net	1
Non-Cash Charges	0
Cash Payments	(1)
Balance	0	0
Other(1) \| Nutrition & Biosciences, Inc [Member]
Restructuring Reserve [Roll Forward]
Balance	0
Additional Charges (Reversals), Net	3
Non-Cash Charges	(3)
Cash Payments	0
Balance	0	0
Other(1) \| Frutarom Integration Initiative [Member]
Restructuring Reserve [Roll Forward]
Balance	3	3	0
Additional Charges (Reversals), Net	0	2	4
Non-Cash Charges	0	0	0
Cash Payments	0	(2)	(1)
Balance	3	3	3
Other(1) \| 2017 Productivity Program [Member]
Restructuring Reserve [Roll Forward]
Balance		0	1
Additional Charges (Reversals), Net			0
Non-Cash Charges			0
Cash Payments			(1)
Balance			0
Fixed asset write down \| Frutarom Integration Initiative [Member]
Restructuring Reserve [Roll Forward]
Balance	0	0	0
Additional Charges (Reversals), Net	5	12	1
Non-Cash Charges	(5)	(12)	(1)
Cash Payments	0	0	0
Balance	0	0	0
Scent [Member]
Restructuring Cost and Reserve [Line Items]
Additional charges, net	$ 3	$ 7	$ 12

Goodwill and Other Intangible Assets, Net - Trademark and Other Intangible Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	$ 11,890	$ 3,432
Total accumulated amortization	(1,384)	(705)
Other intangible assets, net	10,506	2,727
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	8,935	2,728
Total accumulated amortization	(887)	(470)
Technological Know-how [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	2,494	479
Total accumulated amortization	(388)	(168)
Trade Names and Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	411	187
Total accumulated amortization	(68)	(38)
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	50	38
Total accumulated amortization	$ (41)	$ (29)

Debt - Components of Debt (Detail) € in Millions, $ in Millions						12 Months Ended
	Sep. 30, 2021 USD ($)	Sep. 29, 2021 USD ($)	Sep. 25, 2021 EUR (€)	Jul. 28, 2021 USD ($)	Feb. 01, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Sep. 16, 2020 USD ($)	Aug. 25, 2020 USD ($)	May 15, 2020 USD ($)	Sep. 26, 2018 USD ($)	Sep. 25, 2018 USD ($)	Sep. 25, 2018 EUR (€)	Jun. 06, 2018 USD ($)	May 18, 2017	Mar. 14, 2016 EUR (€)	Apr. 04, 2013 USD ($)
Debt Instrument [Line Items]
Commercial Paper						$ 324	$ 0
Debt						11,400	4,413
Long-term Debt, Current Maturities						(632)	(634)
Long-term debt						10,768	3,779
Proceeds from Issuance of Commercial Paper						800	0
Repayments of Commercial Paper						476
Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Revolving credit facility										$ 1,000
Revolving credit facility										$ 1,000
Revolving Loan Facility [Member] \| Citibank, N.A [Member]
Debt Instrument [Line Items]
Revolving credit facility				$ 2,000		1,025
Line of Credit Facility, Increase (Decrease), Net				2,500
Revolving credit facility				$ 2,000		$ 1,025
Senior Notes, Euro Notes, 2021 [Member]
Debt Instrument [Line Items]
Interest rate of debt													0.50%	0.50%
Repayments of Debt \| €			€ 300
Senior notes \| €														€ 300
Repayments of Debt \| €			€ 300
Senior Notes, Euro Notes, 2021 [Member] \| Loans Payable [Member]
Debt Instrument [Line Items]
Interest rate of debt						0.82%
Senior Notes, Current						$ 0	368
Senior Notes, Due Two Thousand Twenty Two \| Loans Payable [Member]
Debt Instrument [Line Items]
Interest rate of debt						0.69%			0.697%
Senior Notes, Current						$ 300	0		$ 300
Senior Notes - 2023 [Member]
Debt Instrument [Line Items]
Interest rate of debt																		3.20%
Senior notes																		$ 300
Senior Notes, Euro Notes, 2024 [Member]
Debt Instrument [Line Items]
Interest rate of debt																	1.75%
Senior notes \| €																	€ 500
Senior Notes, Euro Notes, 2026 [Member]
Debt Instrument [Line Items]
Interest rate of debt													1.80%	1.80%
Senior notes \| €														€ 800
Senior Notes - 2028 [Member]
Debt Instrument [Line Items]
Interest rate of debt												4.45%
Senior notes												$ 400
Senior notes - 2047 [Member]
Debt Instrument [Line Items]
Interest rate of debt																4.375%
Senior Notes - 2048 [Member]
Debt Instrument [Line Items]
Interest rate of debt												5.00%
Senior notes												$ 800
Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Repayments of Debt	$ 120	$ 120						$ 110
Repayments of Debt	$ 120	$ 120						$ 110
Term Loan Credit Agreement [Member] \| Loans Payable [Member]
Debt Instrument [Line Items]
Interest rate of debt						3.65%
Revolving credit facility															$ 350
Revolving credit facility															$ 350
2022 Term Loan [Member] \| Loans Payable [Member]
Debt Instrument [Line Items]
Interest rate of debt						1.73%
Senior Notes, Current						$ 0	199
Revolving credit facility											$ 200
Revolving credit facility											$ 200
2024 Term Loan
Debt Instrument [Line Items]
Maximum ratio of net debt to EBI TDA with step-downs over time						4.75
Debt Instrument, Covenant Compliance, Ratio Of Net Debt To EBITDA With Step-Downs Over Time, Third Full Fiscal Quarter						4.50
Debt Instrument, Covenant Compliance, Ratio Of Net Debt To EBITDA With Step-Downs Over Time, Sixth Full Fiscal Quarter						3.75
Debt Instrument, Covenant Compliance, Ratio Of Net Debt To EBITDA With Step-Downs Over Time, Ninth Full Fiscal Quarter						3.50
2026 Term Loan
Debt Instrument [Line Items]
Maximum ratio of net debt to EBI TDA with step-downs over time						4.75
Debt Instrument, Covenant Compliance, Ratio Of Net Debt To EBITDA With Step-Downs Over Time, Third Full Fiscal Quarter						4.50
Debt Instrument, Covenant Compliance, Ratio Of Net Debt To EBITDA With Step-Downs Over Time, Sixth Full Fiscal Quarter						3.75
Debt Instrument, Covenant Compliance, Ratio Of Net Debt To EBITDA With Step-Downs Over Time, Ninth Full Fiscal Quarter						3.50
Commercial Paper [Member] \| Loans Payable [Member]
Debt Instrument [Line Items]
Interest rate of debt						0.00%
Bank overdrafts and other [Member]
Debt Instrument [Line Items]
Bank overdrafts and other						$ 7	2
Minimum [Member] \| Revolving Loan Facility [Member] \| Citibank, N.A [Member]
Debt Instrument [Line Items]
Maximum ratio of net debt to EBI TDA with step-downs over time						3.50
Maximum [Member] \| Revolving Loan Facility [Member] \| Citibank, N.A [Member]
Debt Instrument [Line Items]
Maximum ratio of net debt to EBI TDA with step-downs over time						4.75
Loans Payable [Member] \| Senior Notes, Due Two Thousand Twenty Two
Debt Instrument [Line Items]
Margin on variable rate						0.10%
Loans Payable [Member] \| Senior Notes - 2023 [Member]
Debt Instrument [Line Items]
Interest rate of debt						3.30%
Senior notes						$ 300	299
Loans Payable [Member] \| Senior Notes, Euro Notes, 2024 [Member]
Debt Instrument [Line Items]
Interest rate of debt						1.88%
Senior notes						$ 565	614
Loans Payable [Member] \| Senior Notes, Due Two Thousand Twenty Five
Debt Instrument [Line Items]
Interest rate of debt						1.22%			1.23%
Senior notes						$ 1,001	0		$ 1,000
Margin on variable rate						0.15%
Loans Payable [Member] \| Senior Notes, Euro Notes, 2026 [Member]
Debt Instrument [Line Items]
Interest rate of debt						1.93%
Senior notes						$ 900	978
Loans Payable [Member] \| Senior Notes, Due Two Thousand Twenty Seven
Debt Instrument [Line Items]
Interest rate of debt						1.56%			1.832%
Senior notes						$ 1,218	0		$ 1,200
Margin on variable rate						0.25%
Loans Payable [Member] \| Senior Notes - 2028 [Member]
Debt Instrument [Line Items]
Interest rate of debt						4.57%
Senior notes						$ 397	397
Loans Payable [Member] \| Senior Notes, Due Two Thousand Thirty
Debt Instrument [Line Items]
Interest rate of debt						2.21%			2.30%
Senior notes						$ 1,511	0		$ 1,500
Margin on variable rate						0.25%
Loans Payable [Member] \| Senior Notes, Due Two Thousand Forty
Debt Instrument [Line Items]
Interest rate of debt						3.04%			3.268%
Senior notes						$ 775	0		$ 750
Margin on variable rate						0.30%
Loans Payable [Member] \| Senior notes - 2047 [Member]
Debt Instrument [Line Items]
Interest rate of debt						4.44%
Senior notes						$ 494	494
Loans Payable [Member] \| Senior Notes - 2048 [Member]
Debt Instrument [Line Items]
Interest rate of debt						5.12%
Senior notes						$ 786	786
Loans Payable [Member] \| Senior Notes, Due Two Thousand Fifty
Debt Instrument [Line Items]
Interest rate of debt						3.21%			3.468%
Senior notes						$ 1,572	0		$ 1,500
Margin on variable rate						0.30%
Loans Payable [Member] \| Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Senior Notes, Current						$ 0	240
Loans Payable [Member] \| 2024 Term Loan
Debt Instrument [Line Items]
Interest rate of debt						1.43%
Senior notes						$ 625	0
Loans Payable [Member] \| 2026 Term Loan
Debt Instrument [Line Items]
Interest rate of debt						1.82%
Senior notes						$ 625	0
Loans Payable [Member] \| Amortizing Note
Debt Instrument [Line Items]
Interest rate of debt						6.09%
Senior Notes, Current						$ 0	$ 36
Loans Payable [Member] \| Nutrition & Biosciences, Inc Senior Notes
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Percentage						100.00%
Unsecured Debt [Member] \| 2024 Term Loan
Debt Instrument [Line Items]
Debt, face amount					$ 625
Unsecured Debt [Member] \| 2026 Term Loan
Debt Instrument [Line Items]
Debt, face amount					625
Unsecured Debt [Member] \| Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt, face amount					6,250				$ 6,250
Unsecured Debt [Member] \| Senior Unsecured Term Loan Facilities [Member]
Debt Instrument [Line Items]
Debt, face amount					$ 1,250
Unsecured Debt [Member] \| Minimum [Member] \| Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt instrument, term					2 years
Unsecured Debt [Member] \| Maximum [Member] \| Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt instrument, term					30 years
Senior Notes, Euro Notes, 2021 [Member]
Debt Instrument [Line Items]
Debt													$ 350	298
Senior Notes, Euro Notes, 2026 [Member]
Debt Instrument [Line Items]
Debt													$ 932	€ 794
Senior Notes - 2028 [Member]
Debt Instrument [Line Items]
Debt												397
Senior Notes - 2048 [Member]
Debt Instrument [Line Items]
Debt												$ 787
London Interbank Offered Rate (LIBOR) [Member] \| Minimum [Member] \| 2022 Term Loan [Member] \| Loans Payable [Member]
Debt Instrument [Line Items]
Interest rate of debt											1.225%
London Interbank Offered Rate (LIBOR) [Member] \| Maximum [Member] \| 2022 Term Loan [Member] \| Loans Payable [Member]
Debt Instrument [Line Items]
Interest rate of debt											2.475%
London Interbank Offered Rate (LIBOR) [Member] \| Loans Payable [Member] \| Minimum [Member] \| 2024 Term Loan
Debt Instrument [Line Items]
Interest rate of debt					0.75%
London Interbank Offered Rate (LIBOR) [Member] \| Loans Payable [Member] \| Minimum [Member] \| 2026 Term Loan
Debt Instrument [Line Items]
Interest rate of debt					1.125%
London Interbank Offered Rate (LIBOR) [Member] \| Loans Payable [Member] \| Maximum [Member] \| 2024 Term Loan
Debt Instrument [Line Items]
Interest rate of debt					2.00%
London Interbank Offered Rate (LIBOR) [Member] \| Loans Payable [Member] \| Maximum [Member] \| 2026 Term Loan
Debt Instrument [Line Items]
Interest rate of debt					2.375%
Base Rate [Member] \| Minimum [Member] \| Revolving Loan Facility [Member] \| Citibank, N.A [Member]
Debt Instrument [Line Items]
Margin on variable rate				0.00%
Base Rate [Member] \| Minimum [Member] \| 2022 Term Loan [Member] \| Loans Payable [Member]
Debt Instrument [Line Items]
Interest rate of debt											0.225%
Base Rate [Member] \| Maximum [Member] \| Revolving Loan Facility [Member] \| Citibank, N.A [Member]
Debt Instrument [Line Items]
Margin on variable rate				0.625%
Base Rate [Member] \| Maximum [Member] \| 2022 Term Loan [Member] \| Loans Payable [Member]
Debt Instrument [Line Items]
Interest rate of debt											1.475%
Base Rate [Member] \| Loans Payable [Member] \| Minimum [Member] \| 2024 Term Loan
Debt Instrument [Line Items]
Interest rate of debt					0.00%
Base Rate [Member] \| Loans Payable [Member] \| Minimum [Member] \| 2026 Term Loan
Debt Instrument [Line Items]
Interest rate of debt					0.125%
Base Rate [Member] \| Loans Payable [Member] \| Maximum [Member] \| 2024 Term Loan
Debt Instrument [Line Items]
Interest rate of debt					1.00%
Base Rate [Member] \| Loans Payable [Member] \| Maximum [Member] \| 2026 Term Loan
Debt Instrument [Line Items]
Interest rate of debt					1.375%

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current Assets:
Cash and cash equivalents	$ 711	$ 650
Restricted cash	4	7
Receivables:
Trade	1,952	950
Allowance for doubtful accounts	(46)	(21)
Inventories	2,516	1,132
Prepaid expenses and other current assets	728	342
Total Current Assets	6,987	3,060
Property, plant and equipment, net	4,368	1,458
Goodwill	16,414	5,593
Other intangible assets, net	10,506	2,727
Operating lease right-of-use assets	767	299
Other assets	616	418
Total Assets	39,658	13,555
Current Liabilities:
Bank borrowings, overdrafts and current portion of long-term debt	308	634
Commercial Paper	324	0
Accounts payable	1,532	556
Accrued payroll and bonus	335	133
Dividends payable	201	82
Other current liabilities	832	499
Total Current Liabilities	3,633	1,904
Other Liabilities:
Long-term debt	10,768	3,779
Retirement liabilities	385	326
Deferred income taxes	2,518	593
Operating Lease, Liability, Noncurrent	670	265
Other liabilities	462	268
Total Other Liabilities	14,803	5,231
Commitments and Contingencies (Note 19)
Redeemable noncontrolling interests	105	98
Shareholders’ Equity:
Common stock 12 1/2¢ par value; 500,000,000 shares authorized; 275,726,629 and 128,526,137 shares issued as of December 31, 2021 and December 31, 2020, respectively; and 254,573,984 and 106,937,990 shares outstanding as of December 31, 2021 and December 31, 2020, respectively	35	16
Capital in excess of par value	19,826	3,853
Retained earnings	3,641	4,156
Accumulated other comprehensive loss:
Cumulative translation adjustments	(1,133)	(285)
AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax	1	(7)
Pension and postretirement liability adjustment	(291)	(406)
Treasury stock, at cost (21,152,645 and 21,588,147 shares as of December 31, 2021 and December 31, 2020, respectively)	(997)	(1,017)
Total Shareholders’ Equity	21,082	6,310
Noncontrolling interest	35	12
Total Shareholders’ Equity including Noncontrolling interest	21,117	6,322
Total Liabilities and Shareholders’ Equity	39,658	13,555
Disposal Group, Including Discontinued Operation, Assets, Current	1,122	0
Disposal Group, Including Discontinued Operation, Liabilities, Current	$ 101	$ 0

Financial Instruments - Derivative Instruments Designated as Cash Flow and Net Investment Hedging Instruments (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	$ (7)	$ 4
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	132	(156)
Payments for (Proceeds from) Hedge, Investing Activities	0	(14)	$ 0
Forward Currency Contracts [Member] \| Cost of goods sold [Member] \| Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	(6)	5
Interest Rate Swap [Member] \| Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	1	1
Interest Rate Swap [Member] \| Interest Expense [Member] \| Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	1	1
Senior Notes Maturing 2021 through 2026 [Member] \| Net Investment Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	72	(92)
Foreign Currency Contracts [Member] \| Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	7	(10)
Senior Notes, Euro Notes, 2024 [Member] \| Net Investment Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	38	(42)
Cross Currency Swaps [Member] \| Net Investment Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	$ 14	$ (13)

Leases - Schedule of Lease Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease cost	$ 168	$ 62
Financing lease cost	$ 7	$ 4

CONSOLIDATED BALANCE SHEET (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.125	$ 0.125
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	275,726,629	128,526,137
Common stock, shares outstanding	254,573,984	106,937,990
Treasury Stock, Shares	21,152,645	21,588,147

Income Taxes

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

Earnings before income taxes consisted of the following:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
U.S. loss before taxes	$	(493)	$	(142)	$	(110)
Foreign income before taxes	847		583		667
Total income before taxes	$	354	$	441	$	557

The income tax provision consisted of the following:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Current tax provision
Federal	$	(5)	$	(9)	$	10
State and local	13		1		—
Foreign	303		150		146
Total current tax provision	311		142		156
Deferred tax provision
Federal	(121)		(8)		(41)
State and local	(34)		(2)		8
Foreign	(81)		(58)		(26)
Total deferred tax benefit	(236)		(68)		(59)
Total provision for income taxes	$	75	$	74	$	97

Effective Tax Rate Reconciliation

Reconciliation between the U.S. federal statutory income tax rate to the actual effective tax rate was as follows:


	December 31,
	2021		2020		2019
Statutory tax rate	21.0	%	21.0	%	21.0	%
Difference in effective tax rate on foreign earnings and remittances(1)	8.0		(6.9)		(6.8)
Tax benefit from supply chain optimization	(5.8)		(5.0)		(1.0)
Unrecognized tax benefit, net of reversals	0.7		5.7		3.4

Tax impact on gains on business disposal	4.0		—		—
Deferred taxes on deemed repatriation	2.7		(0.2)		0.8
Global intangible low-taxed income	4.1		5.3		—
Foreign-derived intangible income	(1.6)		(0.3)		(0.3)
U.S. foreign tax credit - general limitation	(3.1)		(1.9)		(1.2)
Research and development credit	(1.4)		(1.0)		(0.9)
Acquisition costs	2.4		1.0		0.5
Establishment (release) of valuation allowance on state deferred	(3.0)		(0.4)		1.7
State and local taxes	(4.8)		(0.6)		(0.8)
Other, net	(2.0)		0.1		1.0
Effective tax rate	21.2	%	16.8	%	17.4	%

_______________________

(1)For 2021, the rate includes rate change impacts related to the Netherlands and United Kingdom.

The effective tax rate reflects the impact of an unfavorable mix of earnings, higher repatriation costs and the cost of global intangible low-taxed income ("GILTI"), partially offset by tax benefits related to supply chain optimization and credits.

On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”) that significantly revised the U.S. tax code effective January 1, 2018. The Tax Act created significant international tax provisions, including GILTI. The Company has elected to treat GILTI as a current period cost if and when incurred. This tax position resulted in a net $15 million income tax expense for the year ended December 31, 2021, which includes a provision to return adjustment.

The U.S. consolidated group has historically generated taxable income after the inclusion of foreign dividends which has allowed the Company to realize its federal deferred tax assets. Foreign dividends are subject to a 100% dividends received deduction under the Tax Act and do not serve as a source of federal taxable income. However, as of December 31, 2021 the U.S. consolidated group is in a cumulative income position, and is expected to continue to be in a cumulative income position primarily due to the inclusion of GILTI and expects to realize tax benefits for the reversal of temporary differences, including the significant deferred tax liabilities associated with the Merger with N&B.

Further, as of December 31, 2021 the Company has maintained a valuation allowance of approximately $2 million on certain state tax attributes based on a state taxable income forecast. The main inputs into the forecast are the 2021 taxable income projections. Changes in the performance of the North American business, the Company’s transfer pricing policies and adjustments to the Company’s U.S. tax profile could impact the estimate.

Deferred Taxes

The deferred tax assets and liabilities consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Employee and retiree benefits	$	148	$	108
Credit and net operating loss carryforwards	312		271
Intangible assets	—		10
Amortizable research and development expenses	42		30
Gain on foreign currency translation	—		46
Interest limitation	43		51
Inventory	32		14
Lease obligations	189		53
Other, net	79		23
Gross deferred tax assets	845		606

Property, plant and equipment, net	(265)		(60)

Intangible assets	(2,486)		(586)
Right-of-use assets	(187)		(53)
Loss on foreign currency translation	(30)		—
Deferred taxes on deemed repatriation	(81)		(46)
Gross deferred tax liabilities	(3,049)		(745)
Valuation allowance	(232)		(257)
Total net deferred tax liabilities	$	(2,436)	$	(396)

Net operating loss carryforwards were approximately $272 million and $246 million at December 31, 2021 and 2020, respectively. If unused, approximately $105 million will expire between 2022 and 2041. The remainder, totaling approximately $167 million, may be carried forward indefinitely. Tax credit carryforwards were approximately $40 million and $28 million at December 31, 2021 and 2020, respectively. If unused, the $40 million will expire between 2022 and 2041.

Of the $312 million deferred tax asset for net operating loss carryforwards and credits at December 31, 2021, the Company considers it unlikely that a portion of the tax benefit will be realized. Accordingly, a valuation allowance of approximately $230 million on net operating loss carryforwards and $2 million of tax credits has been established against these deferred tax assets.

Uncertain Tax Positions

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Balance of unrecognized tax benefits at beginning of year	$	99	$	75	$	51
Gross amount of increases in unrecognized tax benefits as a result of positions taken during a prior year(1)	42		11		20
Gross amount of decreases in unrecognized tax benefits as a result of positions taken during a prior year	(3)		—		(2)
Gross amount of increases in unrecognized tax benefits as a result of positions taken during the current year	5		24		13
The amounts of decreases in unrecognized benefits relating to settlements with taxing authorities	(1)		(2)		(3)
Reduction in unrecognized tax benefits due to the lapse of applicable statute of limitation	(12)		(9)		(4)
Balance of unrecognized tax benefits at end of year	$	130	$	99	$	75

_______________________

(1)For 2021, the amount includes positions related to N&B opening balance sheet amounts.

At December 31, 2021, 2020 and 2019, there were approximately $130 million, $98 million and $74 million, respectively, of unrecognized tax benefits recorded to Other liabilities and less than $1 million recorded to Other current liabilities for 2021 and approximately $1 million recorded to Other current liabilities for both 2020 and 2019. If these unrecognized tax benefits were recognized, all the benefits and related interest and penalties would be recorded as a benefit to income tax expense.

For the year ended December 31, 2021, the Company increased its liabilities for interest and penalties by approximately $19 million, net, increased its liabilities for interest and penalties by approximately $3 million, net for the year ended 2020, and increased its liabilities for interest and penalties by approximately $11 million, net for the year ended 2019. At December 31, 2021, 2020 and 2019, the Company had accrued approximately $36 million, $17 million and $14 million, respectively, of interest and penalties classified as Other liabilities, and less than $1 million to Other current liabilities for December 31, 2021 and 2020. No such liabilities were accrued for the year ended December 31, 2019.

As of December 31, 2021, the Company’s aggregate provision for unrecognized tax benefits, including interest and penalties, was approximately $166 million, associated with various tax positions principally asserted in foreign jurisdictions, none of which were individually material.

Other

Tax benefits credited to Shareholders’ equity were de minimis for the years ended December 31, 2021, 2020 and 2019 associated with stock option exercises and PRSU dividends.

The Company regularly repatriates earnings from non-U.S. subsidiaries. As the Company repatriates these funds to the U.S. they will be required to pay income taxes in certain U.S. states and applicable foreign withholding taxes during the period when such repatriation occurs. Accordingly, as of December 31, 2021, the Company had a deferred tax liability of approximately $81 million for the effect of repatriating the funds to the U.S., attributable to various non-U.S. subsidiaries. There is no deferred tax liability associated with non-U.S. subsidiaries where we intend to indefinitely reinvest the earnings to fund local operations and/or capital projects.

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 19.

The Company also has several other tax audits in process and has open tax years with various taxing jurisdictions that range primarily from 2011 to 2020. Based on currently available information, the Company does 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 its financial position.

- 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/disclosureRef
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+ Details

Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Lease Costs

The components of lease expense were as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Operating lease cost	$	168	$	62
Financing lease cost	7		4

Supplemental cash flow information related to leases was as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flow for operating leases	$	129	$	52

Financing cash flow for finance leases	6		4
Right-of-use assets obtained in exchange for lease obligations
Operating leases	88		63
Finance leases	15		6

Weighted average remaining lease term and discount rate were as follows:


	December 31,
	2021		2020
Weighted average remaining lease term in years
Operating leases	11.1		10.5
Finance leases	4.3		2.9
Weighted average discount rate
Operating leases	2.73	%	3.82	%
Finance leases	1.85	%	1.81	%

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Operating Leases
Operating lease right-of-use assets	$	767	$	299

Current operating lease obligations(2)	109		41
Operating lease liabilities	670		265
Total operating lease liabilities	$	779	$	306
Financing Leases
Financing lease right-of-use assets(1)	$	21	$	8

Current financing lease obligations(2)	5		3
Financing lease liabilities(3)	15		4
Total financing lease liabilities	$	20	$	7

_______________________

(1)Presented in Other assets in the Consolidated Balance Sheets.

(2)Presented in Other current liabilities in the Consolidated Balance Sheets.

(3)Presented in Other liabilities in the Consolidated Balance Sheets.

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Maturities of lease liabilities as of December 31, 2021 were as follows:


(DOLLARS IN MILLIONS)	Operating Leases		Financing Leases		Total
2022	$	127	$	7	$	134
2023	97		5		102
2024	82		3		85
2025	78		2		80
2026	73		2		75
Thereafter	459		2		461
Total undiscounted liabilities	916		21		937
Less: Imputed interest	(137)		(1)		(138)
Total lease liabilities	$	779	$	20	$	799

Shareholders' Equity	12 Months Ended
Shareholders' Equity	Dec. 31, 2021
Equity [Abstract]
Shareholders' Equity	SHAREHOLDERS’ EQUITY Dividends Cash dividends declared per share were $3.12, $3.04 and $2.96 for the years ended December 31, 2021, 2020 and 2019, respectively. The Consolidated Balance Sheets reflect $201 million of dividends payable at December 31, 2021. This amount relates to a cash dividend of $0.79 per share declared in December 2021 and paid in January 2022. Dividends declared, but not paid as of December 31, 2020 and December 31, 2019 were $82 million ($0.77 per share) and $80 million ($0.75 per share), respectively. Share Repurchases In December 2012, the Board of Directors authorized a $250 million share repurchase program, which commenced in the first quarter of 2013. In August 2015, the Board of Directors approved an additional $250 million share repurchase authorization and extension through December 31, 2017. Based on the total remaining amount of $56 million available under the amended repurchase program as of October 31, 2017, the Board of Directors re-approved on November 1, 2017 a $250 million share repurchase authorization and extension for a total value of $300 million available under the program, which expires on November 1, 2022. Based on the total remaining amount of $280 million available under the repurchase program, 1,856,397 shares, or 0.8% of shares outstanding (based on the market price and weighted average shares outstanding as of December 31, 2021) could be repurchased under the program as of December 31, 2021. As of May 7, 2018, the Company has suspended its share repurchases.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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+ Details

Employee Benefits - Weighted-Average Actuarial Assumption Used to Determine Expense (Detail) - Pension Plan [Member]	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
U.S Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.51%	3.26%	4.31%
Expected return on plan assets	3.80%	5.60%	5.60%
Rate of compensation increase	3.25%	3.25%	3.25%
Non-U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	0.85%	1.49%	2.22%
Expected return on plan assets	4.21%	4.62%	4.87%
Rate of compensation increase	2.56%	2.46%	1.93%

Employee Benefits - Sensitivity of Disclosures to Changes in Selected Assumptions (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2021 USD ($)
Postretirement Benefit Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
25 BP Decrease in Discount Rate, Change in ABO	$ 2
25 BP Decrease in Discount Rate, Change in pension expense	0
U.S Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
25 BP Decrease in Discount Rate, Change in PBO	19
25 BP Decrease in Discount Rate, Change in ABO	19
25 BP Decrease in Discount Rate, Change in pension expense	0
25 BP Decrease in Long-Term Rate of Return, Change in pension expense	1
Non-U.S. Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
25 BP Decrease in Discount Rate, Change in PBO	77
25 BP Decrease in Discount Rate, Change in ABO	73
25 BP Decrease in Discount Rate, Change in pension expense	5
25 BP Decrease in Long-Term Rate of Return, Change in pension expense	$ 3

Nature of Operations and Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Fiscal Year End

Use of Estimates

Principles of Consolidation

Revenue Recognition

Foreign Currency Translation

Research and Development

Cash Equivalents

Cash and Cash Equivalents

Cash and cash equivalents include highly liquid investments with maturities of three months or less at date of purchase.

Restricted Cash

Restricted cash is comprised of cash or cash equivalents which has been placed into an account that is restricted for a specific use and from which the Company cannot withdraw the cash on demand.

Accounts Receivable

Inventories

InventoriesInventories are stated at the lower of cost (on a weighted-average basis) or net realizable value.

Leases

When the Company determines the arrangement is a lease, or contains a lease, at inception, it then determines whether the lease is an operating lease or a finance lease at the commencement date.

Property, Plant and Equipment

Property, Plant and EquipmentProperty, plant and equipment are recorded at cost. Depreciation is calculated on a straight-line basis, principally over the following estimated useful lives: buildings and improvements, 1 to 50 years; machinery and equipment, 1 to 40 years; information technology hardware and software, 1 to 23 years; and leasehold improvements which are included in buildings and improvements, the estimated life of the improvements or the remaining term of the lease, whichever is shorter.

Finite-Lived Intangible Assets

Goodwill

Goodwill represents the difference between the total purchase price and the fair value of identifiable assets and liabilities acquired in business acquisitions.

Income Taxes

Interest and penalties related to unrecognized tax benefits are recognized as a component of income tax expense.

Retirement Benefits

Financial Instruments

Software Costs

Net Income Per Share

Stock-Based Compensation

Financing Costs

Redeemable Non-controlling Interests

Redeemable Noncontrolling Interests

Recent Accounting Pronouncements

The following is a rollforward of the Company's allowances for bad debts for the year of 2021:


(DOLLARS IN MILLIONS)	Allowance for Bad Debts
Balance at December 31, 2020	$	21
Bad debt expense	6
Write-offs	(1)
Other adjustments(1)	20

Balance at December 31, 2021	$	46

_______________________

(1)The adjustment to allowances for bad debts was a result of purchase price allocation related to the Merger with N&B.

Nature of Operations

Basis of Accounting, Policy

Basis of Presentation

In the current year, the Company has changed its presentation from thousands to millions and, as a result, any necessary rounding adjustments have been made to prior year disclosed amounts.

Certain reclassifications have been made to the prior periods’ financial information in order to conform to the current period’s presentation.

Other Assets And Liabilities, Current and Noncurrent (Tables)

12 Months Ended

Dec. 31, 2021

Other Assets [Abstract]

Schedule of Other Assets

Other assets consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Finance lease right-of-use assets	$	21	$	8
Deferred income taxes	82		197
Overfunded pension plans	136		101
Cash surrender value of life insurance contracts	52		49
Equity method investments	86		5
Other(1)	239		58
Total	$	616	$	418

_______________________

(1)Includes land usage rights in China and long term deposits.

Schedule of Other Current Assets

Prepaid expenses and other current assets consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Value-added tax receivable	$	178	$	93
Income tax receivable	131		100
Prepaid expenses	288		100
Other	131		49
Total	$	728	$	342

Other Current Liabilities

Other current liabilities consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Rebates and incentives payable	$	113	$	64
Value-added tax payable	50		20
Interest payable	48		29
Current pension and other postretirement benefit obligation	11		13
Accrued insurance (including workers’ compensation)	10		11
Earn outs payable	—		14
Restructuring and other charges	29		14
Current operating lease obligation	109		41
Current financing lease obligation	5		3
Accrued income taxes	94		42
Other accounts payable and accrued expenses payable	270		160
Other	93		88
Total	$	832	$	499

Employee Benefits - Amounts Recognized in Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Postretirement Benefit Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	$ 14	$ 19
Prior service cost (credit)	(15)	(21)
Total AOCI (before tax effects)	(1)	(2)
U.S Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	137	134
Prior service cost (credit)	0	0
Total AOCI (before tax effects)	137	134
Non-U.S. Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	291	454
Prior service cost (credit)	(3)	(2)
Total AOCI (before tax effects)	$ 288	$ 452

Leases (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Lessee, Lease, Description [Line Items]
Remaining term lease	40 years
Renewal term	5 years
Operating lease right-of-use assets	$ 767	$ 299
Operating Lease, Liability	779	$ 306
Nutrition & Biosciences, Inc [Member]
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets	525
Operating Lease, Liability	$ 523

Leases - Leases By Region (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets	$ 767	$ 299
Finance Lease, Right-of-Use Asset	$ 21	$ 8

Employee Benefits - Additional Information (Detail)	12 Months Ended
Employee Benefits - Additional Information (Detail)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Feb. 01, 2021 USD ($) contribution_plan
Defined Benefit Plan Disclosure [Line Items]
Percentage of Active Employees with Pension and or Other Retirement Benefit Plans Covered	20.00%
Percentage of matching contribution if compensation percentage below low range	100.00%
Matching participant's contribution, percentage on compensation	4.00%
Percentage of matching contribution if compensation percentage between high range and low range	75.00%
Matching participant's contribution, percentage on compensation, range low	4.00%
Matching participant's contribution, percentage on compensation, range high	8.00%
Percentage of employees eligible to accrue benefits under the defined plan	50.00%
Matching participant's contribution, average percentage on compensation	6.00%
Retirement liabilities	$ 385,000,000	$ 326,000,000
Capital in excess of par value related to Deferred Compensation Plan	26,000,000	29,000,000
Total cash surrender value of life insurance contracts	52,000,000	49,000,000
Nutrition & Biosciences, Inc [Member]
Defined Benefit Plan Disclosure [Line Items]
Additional defined contribution plans \| contribution_plan			20
Net defined benefit plan liabilities			$ 221,000,000
Deferred Compensation Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Retirement liabilities	64,000,000	59,000,000
Pension Plan [Member] \| U.S Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Retirement liabilities	61,000,000	54,000,000
Contribution to the plans	$ 5,000,000	4,000,000
Pension Plan [Member] \| U.S Plans [Member] \| Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Target percentage of investment in equity securities	10.00%
Pension Plan [Member] \| U.S Plans [Member] \| Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Target percentage of investment in equity securities	90.00%
Pension Plan [Member] \| U.S Plans [Member] \| Qualified Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Contribution to the plans	$ 0
Pension Plan [Member] \| U.S Plans [Member] \| Nonqualified Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Contribution to the plans	5,000,000
Pension Plan [Member] \| Non-U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Retirement liabilities	262,000,000	195,000,000
Contribution to the plans	$ 32,000,000	$ 20,000,000
Pension Plan [Member] \| Non-U.S. Plans [Member] \| Real Estate [Member] \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target percentage of investment in equity securities	15.00%
Pension Plan [Member] \| Non-U.S. Plans [Member] \| Equity Securities [Member] \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target percentage of investment in equity securities	15.00%
Pension Plan [Member] \| Non-U.S. Plans [Member] \| Fixed Income Securities [Member] \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target percentage of investment in equity securities	35.00%
Pension Plan [Member] \| Non-U.S. Plans [Member] \| Alternative Type of Investments [Member] \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target percentage of investment in equity securities	35.00%
Postretirement Benefit Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Contribution to the plans	$ 4,000,000

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Earnings before Income Taxes

Earnings before income taxes consisted of the following:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
U.S. loss before taxes	$	(493)	$	(142)	$	(110)
Foreign income before taxes	847		583		667
Total income before taxes	$	354	$	441	$	557

Schedule of Income Tax Provision

The income tax provision consisted of the following:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Current tax provision
Federal	$	(5)	$	(9)	$	10
State and local	13		1		—
Foreign	303		150		146
Total current tax provision	311		142		156
Deferred tax provision
Federal	(121)		(8)		(41)
State and local	(34)		(2)		8
Foreign	(81)		(58)		(26)
Total deferred tax benefit	(236)		(68)		(59)
Total provision for income taxes	$	75	$	74	$	97

Schedule of Reconciliation between U.S. Federal Statutory Income Tax Rate to Actual Effective Tax Rate

Reconciliation between the U.S. federal statutory income tax rate to the actual effective tax rate was as follows:


	December 31,
	2021		2020		2019
Statutory tax rate	21.0	%	21.0	%	21.0	%
Difference in effective tax rate on foreign earnings and remittances(1)	8.0		(6.9)		(6.8)
Tax benefit from supply chain optimization	(5.8)		(5.0)		(1.0)
Unrecognized tax benefit, net of reversals	0.7		5.7		3.4

Tax impact on gains on business disposal	4.0		—		—
Deferred taxes on deemed repatriation	2.7		(0.2)		0.8
Global intangible low-taxed income	4.1		5.3		—
Foreign-derived intangible income	(1.6)		(0.3)		(0.3)
U.S. foreign tax credit - general limitation	(3.1)		(1.9)		(1.2)
Research and development credit	(1.4)		(1.0)		(0.9)
Acquisition costs	2.4		1.0		0.5
Establishment (release) of valuation allowance on state deferred	(3.0)		(0.4)		1.7
State and local taxes	(4.8)		(0.6)		(0.8)
Other, net	(2.0)		0.1		1.0
Effective tax rate	21.2	%	16.8	%	17.4	%

_______________________

(1)For 2021, the rate includes rate change impacts related to the Netherlands and United Kingdom.

Schedule of Deferred Tax Assets and Liabilities

The deferred tax assets and liabilities consisted of the following amounts:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Employee and retiree benefits	$	148	$	108
Credit and net operating loss carryforwards	312		271
Intangible assets	—		10
Amortizable research and development expenses	42		30
Gain on foreign currency translation	—		46
Interest limitation	43		51
Inventory	32		14
Lease obligations	189		53
Other, net	79		23
Gross deferred tax assets	845		606

Property, plant and equipment, net	(265)		(60)

Intangible assets	(2,486)		(586)
Right-of-use assets	(187)		(53)
Loss on foreign currency translation	(30)		—
Deferred taxes on deemed repatriation	(81)		(46)
Gross deferred tax liabilities	(3,049)		(745)
Valuation allowance	(232)		(257)
Total net deferred tax liabilities	$	(2,436)	$	(396)

Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Balance of unrecognized tax benefits at beginning of year	$	99	$	75	$	51
Gross amount of increases in unrecognized tax benefits as a result of positions taken during a prior year(1)	42		11		20
Gross amount of decreases in unrecognized tax benefits as a result of positions taken during a prior year	(3)		—		(2)
Gross amount of increases in unrecognized tax benefits as a result of positions taken during the current year	5		24		13
The amounts of decreases in unrecognized benefits relating to settlements with taxing authorities	(1)		(2)		(3)
Reduction in unrecognized tax benefits due to the lapse of applicable statute of limitation	(12)		(9)		(4)
Balance of unrecognized tax benefits at end of year	$	130	$	99	$	75

_______________________

(1)For 2021, the amount includes positions related to N&B opening balance sheet amounts.

Leases - Cash Flow (Details) - USD ($) $ in Millions	12 Months Ended
Leases - Cash Flow (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating cash flow for operating leases	$ 129	$ 52
Financing cash flow for finance leases	6	4
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	88	63
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	$ 15	$ 6

Financial Instruments - Derivative Instruments Notional Amount Outstanding (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Forward Currency Contracts [Member]
Schedule Of Information By Major Category Of Credit Derivatives Contracts [Line Items]
Derivative instruments outstanding	$ 46	$ 221
Currency Swap [Member]
Schedule Of Information By Major Category Of Credit Derivatives Contracts [Line Items]
Derivative instruments outstanding	300	300
Commodity Contract
Schedule Of Information By Major Category Of Credit Derivatives Contracts [Line Items]
Derivative instruments outstanding	$ 10	$ 0

Segment Information - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2021 USD ($) segment category Customer	Dec. 31, 2020 USD ($) Customer	Dec. 31, 2019 Customer
Segment Reporting Information [Line Items]
Number of fragrance categories \| category	2
Property, plant and equipment	$ 4,368	$ 1,458
Number of Operating Segments \| segment	4
U.S Plans [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	$ 2,041	572
CHINA
Segment Reporting Information [Line Items]
Property, plant and equipment	$ 259	$ 172
Customer Concentration Risk [Member]
Segment Reporting Information [Line Items]
Number of customers that accounted for more than 10% of consolidated net sales \| Customer	0	0	0
Customer Concentration Risk [Member] \| Non-US [Member] \| Sales [Member]
Segment Reporting Information [Line Items]
Concentration risk threshold	7.00%	6.00%	6.00%

Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Carrying Amount and Estimated Fair Value of Financial Instruments

The carrying value and the estimated fair values of financial instruments at December 31 consisted of the following:


	2021				2020
(DOLLARS IN MILLIONS)	Carrying Value		Fair Value		Carrying Value		Fair Value
LEVEL 1
Cash and cash equivalents(1)	$	711	$	711	$	650	$	650
2025 Notes(6)	1,001		968		—		—
2027 Notes(6)	1,218		1,180		—		—
2030 Notes(6)	1,511		1,466		—		—
2040 Notes(6)	775		762		—		—
2050 Notes(6)	1,572		1,556		—		—
LEVEL 2
Credit facilities and bank overdrafts(2)	7		7		2		2
Derivatives
Derivative assets(3)	—		—		1		1
Derivative liabilities(3)	7		7		29		29
Commercial paper(2)	324		324		—		—
Long-term debt:
2021 Euro Notes(4)	—		—		368		370
2022 Notes(4)	300		300		—		—
2023 Notes(4)	300		308		299		316
2024 Euro Notes(4)	565		585		614		648
2026 Euro Notes(4)	900		960		978		1,061
2028 Notes(4)	397		452		397		472
2047 Notes(4)	494		585		494		608
2048 Notes(4)	786		1,026		786		1,059
2018 Term Loan Facility(2)	—		—		240		240
2022 Term Loan Facility(2)	—		—		199		200
2024 Term Loan Facility(7)	625		625		—		—
2026 Term Loan Facility(7)	625		625		—		—
Amortizing Notes(5)	—		—		36		37

_______________________

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

(2)The carrying amount approximates fair value as the interest rate is reset frequently based on current market rates as well as the short maturity of those instruments.

(3)The carrying amount approximates fair value as the instruments are marked-to-market and held at fair value on the Consolidated Balance Sheets.

(4)The fair value of the Company's long-term debt was calculated using discounted cash flows applying current interest rates and current credit spreads based on its own credit risk.

(6)The fair value of the Notes is based on marketed quoted price as there is an active market for the Notes and observable market data and inputs.

(7)The carrying amount approximates fair value as the Term Loans were assumed at fair value and the interest rate is reset frequently based on current market rates.

Derivative Instruments Notional Amount Outstanding

The following table shows the notional amount of the Company’s derivative instruments outstanding as of December 31, 2021 and December 31, 2020:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Foreign currency contracts	$	46	$	221
Commodity contracts	10		—
Cross currency swaps	300		300

Derivative Instruments Measured at Fair Value


	December 31, 2021
(DOLLARS IN MILLIONS)	Fair Value of Derivatives Designated as Hedging Instruments		Fair Value of Derivatives Not Designated as Hedging Instruments		Total Fair Value
Derivative assets(1)
Foreign currency contracts	$	—	$	—	$	—



Derivative liabilities(2)
Foreign currency contracts	$	—	$	2	$	2
Cross currency swaps	5		—		5
Total derivative liabilities	$	5	$	2	$	7


	December 31, 2020
(DOLLARS IN MILLIONS)	Fair Value of Derivatives Designated as Hedging Instruments		Fair Value of Derivatives Not Designated as Hedging Instruments		Total Fair Value
Derivative assets(1)
Foreign currency contracts	$	—	$	1	$	1


Derivative liabilities(2)
Foreign currency contracts	$	6	$	—	$	6
Cross currency swaps	23		—		23
Total derivative liabilities	$	29	$	—	$	29

_______________________

(1)Derivative assets are recorded to Prepaid expenses and other current assets in the Consolidated Balance Sheets.

(2)Derivative liabilities are recorded as Other current liabilities in the Consolidated Balance Sheets.

Derivative Instruments Which Were Not Designated as Hedging Instruments


(DOLLARS IN MILLIONS)	Amount of Gain (Loss) For the year ended December 31,				Location of Gain (Loss) Recognized in Income on Derivative
	2021		2020
Foreign currency contracts	$	6	$	9	Other (income) expense, net

Derivative Instruments Designated as Cash Flow and Net Investment Hedging Instruments


	Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)				Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
	For the years ended December 31,					For the years ended December 31,
(DOLLARS IN MILLIONS)	2021		2020			2021		2020
Derivatives in Cash Flow Hedging Relationships:

Foreign currency contracts	$	7	$	(10)	Cost of goods sold	$	(6)	$	5
Interest rate swaps (1)	1		1		Interest expense	(1)		(1)
Derivatives in Net Investment Hedging Relationships:

Cross currency swaps	14		(13)		N/A	—		—
Non-Derivatives in Net Investment Hedging Relationships:
2024 Euro Notes	38		(42)		N/A	—		—
2021 Euro Notes & 2026 Euro Notes	72		(92)		N/A	—		—
Total	$	132	$	(156)		$	(7)	$	4

_______________________

(1)Interest rate swaps were entered into as pre-issuance hedges for the Company's bond offerings.

Stock Compensation Plans

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Stock Compensation Plans

STOCK COMPENSATION PLANS

The Company has various equity plans under which its officers, senior management, other key employees and Board of Directors may be granted options to purchase IFF common stock or other forms of stock-based awards. Beginning in 2004, the Company granted Restricted Stock Units (“RSUs”) as the principal element of its equity compensation for all eligible U.S.-based employees and a majority of eligible overseas employees. Vesting of the RSUs is solely time based; the vesting period is primarily three years from date of grant. For a small group of employees, primarily overseas, the Company granted stock options prior to 2008.

The cost of all employee stock-based awards are principally recognized on a straight-line attribution basis over their respective vesting periods, net of estimated forfeitures. Total stock-based compensation expense included in the Consolidated Statements of Income and Comprehensive Income (Loss) was as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Equity-based awards	$	54	$	36	$	34
Liability-based awards	8		4		4
Total stock-based compensation	62		40		38
Less tax benefit	(13)		(8)		(7)
Total stock-based compensation, net of tax	$	49	$	32	$	31

The shareholders of the Company approved the Company’s 2021 Stock Award and Incentive Plan (the “2021 Plan”) on May 5, 2021. The 2021 Plan replaced the Company’s 2015 Stock Award and Incentive Plan (the “2015 Plan”) and the Company's 2010 Stock Award and Incentive Plan (the “2010 Plan”), and provides the source for future deferrals of cash into deferred stock under the Company’s Deferred Compensation Plan (with the Deferred Compensation Plan being deemed a subplan under the 2010 Plan for the sole purpose of funding deferrals under the IFF Share Fund).

Under the 2021 Plan, a total of 2,290,000 shares are authorized for issuance. At December 31, 2021, 1,601,749 shares were subject to outstanding awards and 2,631,269 shares remained available for future awards under all of the Company’s equity award plans, including the 2015 Plan and 2010 Plan (excluding shares not yet issued under open cycles of the Company’s Long-Term Incentive Plan).

The Company offers a Long-Term Incentive Plan (“LTIP”) for senior management. The targeted payout is 50% cash and 50% IFF common stock at the end of the three-year cycle.

With regard to the 2019-2021 cycle, the LTIP awards are earned based upon the achievement of: (i) the Company's performance ranking of Total Shareholder Return as a percentile of the S&P 500 ("Relative TSR") (representing one-half of the award value), and (ii) the Company's achievement of a defined Leverage Ratio (representing one-half of the award value). For the 2020-2022 cycle, the LTIP awards are earned based on the achievement of: (i) an annual Leverage Ratio for 2020 (representing one-sixth of the award value), (ii) a 2-year cumulative Leverage Ratio for 2021-2022 (representing one-third of the award value), and (iii) Relative TSR targets (representing one-half of the award value). For the 2021-2023 cycle, the LTIP awards are earned based on the achievement of: (i) 3-year cumulative Leverage Ratio for 2021-2023 (representing one-half of the awards value), and (iii) Relative TSR targets (representing one-half of the award value).

The Leverage Ratio measures Net debt as compared to a measure profitability. When the award is granted, 50% of the target dollar value of the award is converted to a number of “notional” shares based on the closing price at the beginning of the cycle. For those shares whose payout is based on Relative TSR, compensation expense is recognized using a graded-vesting attribution method, while compensation expense for the remainder of the performance shares (Leverage Ratio targets for the applicable cycle) is recognized on a straight-line basis over the vesting period based on the probable outcome of the performance condition.

The 2017-2019 cycle concluded at the end of 2019 and an aggregate 14,579 shares of common stock were issued in March 2020. The 2018-2020 cycle concluded at the end of 2020 and an aggregate 7,484 shares of common stock were issued in March 2021. The 2019-2021 cycle concluded at the end of 2021 and no shares of common stock will be issued in March 2022.

In 2006, the Board of Directors approved the Equity Choice Program (the “Program”) for senior management. This program continues under the 2015 Plan. Eligible employees can choose from among three equity alternatives and will be granted such equity awards up to certain dollar awards depending on the participant’s employment grade level. A participant may choose among (1) SSARs, (2) RSUs or (3) PRSUs.

Transaction with Nutrition and Biosciences, Inc.

In connection with the Merger, N&B employees’ outstanding (unvested and/or vested and unexercised) equity awards were converted into equity awards denominated in shares of the Company’s common stock based on a defined exchange ratio. N&B employees’ equity awards were converted into 335,347 IFF stock options, 258,572 IFF RSU awards and 5,816 IFF SAR awards.

For converted RSU awards, the fair value of the equity award is based on the Closing Date market price of IFF stock. For converted stock options and SAR awards, the exercise price per share of the converted award is equal to the exercise price per share of the N&B award immediately prior to the Merger divided by the exchange ratio. The fair value of the IFF stock options and SAR awards that the Company issued in connection with the Merger was estimated using the Black Scholes model.

The converted awards were generally issued with the same terms and conditions as were applicable prior to the Transaction. At the Closing Date, approximately $25 million of the fair value of the replacement awards granted to N&B employees was attributable to pre-combination service and was included in the purchase price. As of December 31, 2021, post-combination expense of approximately $3 million is expected to be recognized related to the replacement awards over the remaining post-combination service period, approximately up to three years.

SSARs and Options

SSARs are a contractual right to receive the value, in shares of Company stock, of the appreciation in our stock price from the grant date to the date the SSARs are exercised by the participant. SSARs granted become exercisable on the third anniversary of the grant date and have a maximum term of seven years. SSARs do not require a financial investment by the SSARs grantee. Stock options require the participant to pay the exercise price at the time they exercise their stock options. No stock options were granted in 2021, 2020 or 2019.

SSARs and options activity was as follows:


(SHARE AMOUNTS IN THOUSANDS)	Shares Subject to SSARs/Options	Weighted Average Exercise Price		SSARs/ Options Exercisable




December 31, 2020	42	$	135.01	1
Granted	3	144.67
Exercised	(90)	110.28
Canceled	(9)	101.19
Assumed	341
December 31, 2021	287	$	107.48	235

Expected to Vest at December 31, 2021	44	$	95.94

The weighted average exercise price of SSARs and options exercisable at December 31, 2021, 2020 and 2019 were $109.77, $118.10 and $118.10, respectively.

SSARs and options outstanding at December 31, 2021 was as follows:


Price Range	Number Outstanding (in thousands)	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)


Over $65	287	5.04	$	107.48	$	12

SSARs and options exercisable as of December 31, 2021 was as follows:


Price Range	Number Exercisable (in thousands)	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
Over $65	235	4.65	$	109.77	$	10

The total intrinsic value of options/SSARs exercised during 2021 was approximately $3 million and was not material for 2020 and 2019.

As of December 31, 2021, the total unrecognized compensation cost related to non-vested SSARs granted was less than $1 million; such cost is expected to be recognized over a period of approximately two years.

Restricted Stock Units

The Company has granted RSUs to eligible employees and members of the Board of Directors. Such RSUs are subject to forfeiture if certain conditions are not met. RSUs principally vest 100% at the end of three years and contain no performance criteria provisions. An RSU’s fair value is calculated based on the market price of the Company's stock at date of grant, with an adjustment to reflect the fact that such awards do not participate in dividend rights. The aggregate fair value is amortized to expense ratably over the vesting period.

RSU activity was as follows:


(SHARE AMOUNTS IN THOUSANDS)	Number of Shares		Weighted Average Grant Date Fair Value Per Share
December 31, 2020	525		$	126.62
Granted	344		136.71
Vested	(314)		119.99
Forfeited	(37)	-37000	128.79
Assumed	259
December 31, 2021	777		$	126.20

The total fair value of RSUs that vested during the year ended December 31, 2021 was $44 million.

As of December 31, 2021, there was $42 million of total unrecognized compensation cost related to non-vested RSUs granted under the equity incentive plans; such cost is expected to be recognized over a weighted average period of approximately two years.

Purchased Restricted Stock and Purchased Restricted Stock Units

In 2014, the grant of awards under the Equity Choice program provided for eligible employees to purchase restricted shares of IFF common stock and deposit them into an escrow account. For each share deposited in escrow by the eligible employee, the Company matched with a grant of a share of restricted stock or, for non-U.S. participants, a restricted stock unit. The shares of restricted stock and restricted stock units generally vest on the third anniversary of the grant date, are subject to continued employment and other specified conditions, and pay dividends if and when paid by the Company. Holders of restricted stock have, in most instances, all of the rights of stockholders, except that they may not sell, assign, pledge or otherwise encumber such shares. The PRSUs provide no such rights. During 2015, the Company modified the program so that all participants, including U.S. participants, began to receive a restricted stock unit instead of a share of restricted stock. Restricted stock units pay dividend equivalents and do not have voting rights.

The following table summarizes the Company's PRSU activity for the years ended December 31, 2021, 2020 and 2019:


(DOLLARS IN MILLIONS)	Issued Shares	Aggregate Purchase Price		Covered Shares
2021	61,870	$	9	30,935
2020	66,160	$	9	33,080
2019	61,991	$	9	30,996

PRSU activity was as follows:


(SHARE AMOUNTS IN THOUSANDS)	Number of Shares	Weighted Average Grant Date Fair Value Per Share




December 31, 2020	193	$	136.37
Granted	62	144.67
Vested	(95)	138.41
Forfeited	(5)	141.81
December 31, 2021	155	$	138.36

The total fair value of PRSUs that vested during the year ended December 31, 2021 was $13 million.

As of December 31, 2021, there was $5 million of total unrecognized compensation cost related to non-vested PRSUs granted under the equity incentive plans; such cost is expected to be recognized over a weighted average period of approximately two years.

Liability Awards

The Company has granted cash-settled RSUs ("Cash RSUs") to eligible employees that are paid out 100% in cash upon vesting. Such RSUs are subject to forfeiture if certain conditions are not met. Cash RSUs principally vest 100% at the end of three years and contain no performance criteria provisions. A Cash RSU's fair value is calculated based on the market price of the Company's stock at the date of the closing period and is accounted for as a liability award. The aggregate fair value is amortized to expense ratably over the vesting period.

Cash RSU activity was as follows:


(SHARE AMOUNTS IN THOUSANDS)	Cash RSUs	Weighted Average Fair Value Per Share




December 31, 2020	111	$	108.84
Granted	51	150.65
Vested	(37)	141.58
Forfeited	(9)	140.43
December 31, 2021	116	$	150.65

The total fair value of Cash RSUs that vested during the year ended December 31, 2021 was $5 million.

As of December 31, 2021, there was $8 million of total unrecognized compensation cost related to non-vested Cash RSUs granted under the equity incentive plans; such cost is expected to be recognized over a weighted average period of approximately two years. The aggregate compensation cost will be adjusted based on changes in the Company’s stock price.

Acquisitions - Nutrition & Biosciences, Inc (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended	12 Months Ended
	Feb. 01, 2021	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 15, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Common stock, par value		$ 0.125	$ 0.125	$ 0.125
Cash paid to acquire business	$ 7,500
Goodwill		$ 16,414	$ 16,414	$ 5,593	$ 5,497
Net defined benefit plan assets		136	136	101
Nourish
Business Acquisition [Line Items]
Goodwill		6,555	6,555	4,859	4,873
Health & Biosciences
Business Acquisition [Line Items]
Goodwill		6,749	6,749	0	0
Pharma Solutions
Business Acquisition [Line Items]
Goodwill		1,282	1,282	0	0
Scent [Member]
Business Acquisition [Line Items]
Goodwill		1,828	1,828	734	$ 624
International Flavors & Fragrances Inc [Member]
Business Acquisition [Line Items]
Sale of Stock, Percentage of Ownership after Transaction	44.60%
Nutrition & Biosciences, Inc [Member]
Business Acquisition [Line Items]
Business acquisition, equity interest issued or issuable, number of shares	141,740,461
Common stock, par value	$ 0.125					$ 0.125
Cash acquired from acquisition	$ 7,359
Business Acquisition, Net Sales			6,084
Business Acquisition, Net Income (Loss)			11
Cash paid to acquire business	15,929
Equity interests issued and issuable	25
Pension funding adjustment	(12)
Business combination, consideration transferred	$ 15,942
Business acquisition share price	$ 112.38
Net pension balance differential amount settled in cash	$ 220
Cash and cash equivalents	207	193	193
Receivables	962	953	953
Inventory	1,615	1,590	1,590
Prepaid expenses and other current assets	342	374	374
Property, plant and equipment	3,242	3,066	3,066
Deferred income taxes	75	83	83
Intangible assets	9,176	9,223	9,223
Other assets	702	818	818
Accounts payable and accrued liabilities	(1,028)	(1,079)	(1,079)
Accrued payroll and employee benefits	(163)	(148)	(148)
Deferred tax liabilities	(2,369)	(2,395)	(2,395)
Long-term debt	(7,636)	(7,636)	(7,636)
Other long-term liabilities	(907)	(895)	(895)
Total identifiable net assets assumed	4,218	4,147	4,147
Non-controlling interest	(26)	(22)	(22)
Goodwill	11,762	11,817	11,817
Purchase price	15,954	15,942	15,942
Adjustment on cash payment from DuPont		53
Finite lived intangible assets			9,210
Lease adjustment	15
Net defined benefit plan liabilities	221
Acquisition related costs	75
Transaction costs		91	91	29			$ 21
Unaudited pro forma net sales			12,163	11,143
Unaudited pro forma net income attributable to the Company			687	$ 192
Nutrition & Biosciences, Inc [Member] \| In Process Research and Development
Business Acquisition [Line Items]
Indefinite lived intangible assets			13
Nutrition & Biosciences, Inc [Member] \| Microcrystalline Cellulose
Business Acquisition [Line Items]
Acquisition related costs	$ 61
Nutrition & Biosciences, Inc [Member] \| Trade Names [Member]
Business Acquisition [Line Items]
Finite lived intangible assets			261
Nutrition & Biosciences, Inc [Member] \| Customer Relationships [Member]
Business Acquisition [Line Items]
Finite lived intangible assets			6,734
Nutrition & Biosciences, Inc [Member] \| Technological Know-Hows
Business Acquisition [Line Items]
Finite lived intangible assets			2,194
Nutrition & Biosciences, Inc [Member] \| Other [Member]
Business Acquisition [Line Items]
Finite lived intangible assets			$ 21
Useful Lives			2 years
Nutrition & Biosciences, Inc [Member] \| Nourish
Business Acquisition [Line Items]
Goodwill		2,900	$ 2,900
Nutrition & Biosciences, Inc [Member] \| Health & Biosciences
Business Acquisition [Line Items]
Goodwill		6,712	6,712
Nutrition & Biosciences, Inc [Member] \| Pharma Solutions
Business Acquisition [Line Items]
Goodwill		1,329	1,329
Nutrition & Biosciences, Inc [Member] \| Scent [Member]
Business Acquisition [Line Items]
Goodwill		876	876
Nutrition & Biosciences, Inc [Member] \| Restatement Adjustment [Member]
Business Acquisition [Line Items]
Cash and cash equivalents		(14)	(14)
Receivables		(9)	(9)
Inventory		(25)	(25)
Prepaid expenses and other current assets		32	32
Property, plant and equipment		(176)	(176)
Deferred income taxes		8	8
Intangible assets		47	47
Other assets		116	116
Accounts payable and accrued liabilities		(51)	(51)
Accrued payroll and employee benefits		15	15
Deferred tax liabilities		(26)	(26)
Long-term debt		0	0
Other long-term liabilities		12	12
Total identifiable net assets assumed		(71)	(71)
Non-controlling interest		4	4
Goodwill		55	55
Purchase price		$ (12)	$ (12)
Nutrition & Biosciences, Inc [Member] \| Minimum [Member]
Business Acquisition [Line Items]
Dilutive Shares Quotient Multiplier	44.60%
Nutrition & Biosciences, Inc [Member] \| Minimum [Member] \| Trade Names [Member]
Business Acquisition [Line Items]
Useful Lives			4 years
Nutrition & Biosciences, Inc [Member] \| Minimum [Member] \| Customer Relationships [Member]
Business Acquisition [Line Items]
Useful Lives			11 years
Nutrition & Biosciences, Inc [Member] \| Minimum [Member] \| Technological Know-Hows
Business Acquisition [Line Items]
Useful Lives			5 years
Nutrition & Biosciences, Inc [Member] \| Maximum [Member]
Business Acquisition [Line Items]
Dilutive Shares Quotient Multiplier	55.40%
Nutrition & Biosciences, Inc [Member] \| Maximum [Member] \| Trade Names [Member]
Business Acquisition [Line Items]
Useful Lives			22 years
Nutrition & Biosciences, Inc [Member] \| Maximum [Member] \| Customer Relationships [Member]
Business Acquisition [Line Items]
Useful Lives			27 years
Nutrition & Biosciences, Inc [Member] \| Maximum [Member] \| Technological Know-Hows
Business Acquisition [Line Items]
Useful Lives			18 years
Nutrition & Biosciences, Inc [Member] \| International Flavors & Fragrances Inc [Member]
Business Acquisition [Line Items]
Percentage of voting interest acquired	55.40%

Segment Information

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

During the first quarter of 2021, the Company completed its Merger with N&B. Following the Merger, the Company reorganized its reportable segments and is now organized into four reportable operating segments: Nourish, Health & Biosciences (“H&B”), Scent and Pharma Solutions. These segments align with the internal structure to manage these businesses. The Company’s Chief Operating Decision Maker regularly reviews financial information to allocate resources and assess performance utilizing these reorganized segments. Therefore, beginning in the first quarter of 2021, the Company reported its financial performance based on its new segments. The Company recast certain prior period amounts to conform to the way the Company is internally managed and how the Company monitors segment performance during the current fiscal year. Prior to the realignment, the Company operated and managed its business as two operating and reportable segments: Taste and Scent.

Nourish combines the majority of IFF’s legacy Taste segment and N&B’s Food & Beverage segment. It is comprised of three business units, Ingredients, Flavors and Food Designs, with a diversified portfolio across natural and plant-based specialty food ingredients, flavor compounds, and savory solutions and inclusions, respectively. Ingredients provide texturizing solutions to the food industry, food protection solutions used in food and beverage products, specialty soy and pea protein with value-added formulations, emulsifiers and sweeteners. Flavors provide a range of flavor compounds and natural taste solutions that are ultimately used by IFF's customers in savory products, beverages, sweets, and dairy products. Flavors also provide value-added spices and seasoning ingredients for meat, food service, convenience, alternative protein and culinary products. Food Designs provide savory solution products such as spices, sauces, marinades and mixtures. Additionally, Food Designs provide inclusion products that help with taste and texture by, among other things, combining flavorings with fruit, vegetables, and other natural ingredients for a wide range of food products, such as health snacks, baked goods, cereals, pastries, ice cream and other dairy products.

Health & Biosciences is comprised of six business units, Health, Cultures & Food Enzymes, Home & Personal Care, Animal Nutrition, Grain Processing and Microbial Control, with a biotechnology-driven portfolio of products that serve the health and wellness, food, consumer and industrial markets. Products within this portfolio range from enzymes, food cultures, probiotics and specialty ingredients for non-food applications. Health provides ingredients for dietary supplements, food and beverage, specialized nutrition and pharma. Cultures & Food Enzymes provide products that aim to serve the global demand for healthy, natural, clean label and fermented food for fresh dairy, cheese, bakery and brewing products. This is accomplished by providing IFF's customers with products that allow for extended shelf life and stability, which help to improve customers' products and performance. The business unit's enzyme solution also allows IFF's customers to provide low sugar, high fiber and lactose-free dairy products. Home & Personal Care produces enzymes for detergents, cleaning and textile processing products in the laundry, dishwashing, textiles and industrials and personal care markets that help to enhance product and process performances. Animal Nutrition produces enzymes that help to improve the product and process performance of animal feed products, which aim to lessen environmental impact by reducing farm waste. Grain Processing produces enzymes for biofuel production and carbohydrate processing. Microbial Control produces biocides for controlling microbial populations for oil and gas production, home and personal care and industrial preservation markets.

Scent is comprised of (1) Fragrance Compounds, which are ultimately used by our customers in two broad categories: Fine Fragrances, including perfumes and colognes, and Consumer Fragrances, including fragrance compounds for personal care (e.g., soaps), household products (e.g., detergents and cleaning agents) and beauty care, including toiletries; (2) Fragrance Ingredients, consisting of synthetic and natural ingredients that can be combined with other materials to create unique fine fragrance and consumer fragrance compounds; and (3) Cosmetic Active Ingredients, consisting of active and functional ingredients, botanicals and delivery systems to support our customers’ cosmetic and personal care product lines. Major fragrance customers include the cosmetics industry, including perfume and toiletries manufacturers, and the household products industry, including manufacturers of soaps, detergents, fabric care, household cleaners and air fresheners.

Pharma Solutions is comprised of N&B’s historical Pharma Solutions business. The Pharma Solutions business produces a vast portfolio including cellulosics and seaweed-based pharma excipients, used to improve the functionality and delivery of active pharmaceutical ingredients, including controlled or modified drug release formulations, and enabling the development of more effective pharmaceutical finished dosage formats. Pharma Solutions excipients are used in prescription and over-the-counter pharmaceuticals and dietary supplements. Pharma Solutions products also serve a variety of other specialty and industrial end-uses including coatings, inks, electronics, agriculture, and consumer products.

Effective in the first quarter of 2021, management elected to change the profit or loss measure of the Company’s reportable segments from Segment Operating Profit to Segment Adjusted Operating EBITDA for internal reporting and performance measurement purposes. This change was made to enhance the transparency and visibility of the underlying operating performance of each segment. The Company's Chief Operating Decision Maker evaluates the performance of these reportable operating segments based on Segment Adjusted Operating EBITDA, which is defined as Income Before Taxes before depreciation and amortization expense, interest expense, restructuring and other charges and certain non-recurring items. Prior period amounts have been recast to reflect these changes in segment profitability measures.

Reportable segment information is as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Net sales
Nourish	$	6,264	$	2,886	$	2,978
Health & Biosciences	2,329		134		129
Scent	2,254		2,064		2,033
Pharma Solutions	809		—		—
Consolidated	$	11,656	$	5,084	$	5,140


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Segment assets
Nourish	$	17,449	$	8,534
Health & Biosciences	14,774		1,375
Scent	4,078		3,646
Pharma Solutions	3,357		—
Consolidated	$	39,658	$	13,555


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Segment Adjusted Operating EBITDA:
Nourish	$	1,172	$	599	$	658
Health & Biosciences	625		40		33
Scent	463		416		425
Pharma Solutions	165		—		—
Total	2,425		1,055		1,116
Depreciation & Amortization	(1,156)		(325)		(323)
Interest Expense	(289)		(132)		(138)
Other income, net	58		7		30
Operational Improvement Initiatives (a)	—		—		(2)

Frutarom Integration Related Costs (b)	(4)		(10)		(55)
Restructuring and Other Charges	(41)		(17)		(30)
Gains (Losses) on Sale of Assets	1		(4)		(3)
Shareholder Activism Related Costs (c)	(7)		—		—
Business Divestiture Costs (d)	(42)		—		—
Employee Separation Costs (e)	(29)		(3)		—
Frutarom Acquisition Related Costs (f)	(2)		(1)		(6)
Compliance Review & Legal Defense Costs (g)	—		(3)		(11)
N&B Inventory Step-Up Costs	(368)		—		—
N&B Transaction Related Costs (h)	(91)		(29)		(21)
N&B Integration Related Costs (i)	(101)		(97)		—




Income Before Taxes	$	354	$	441	$	557


(a)			Represents accelerated depreciation related to plant relocations in India and China.
(b)			Represents costs related to the integration of the Frutarom acquisition. For 2021, costs primarily related to performance stock awards. For 2020, costs primarily related to advisory services, retention bonuses and performance stock awards. For 2019, costs primarily related to advisory services.
(c)			Represents shareholder activist related costs, primarily professional fees.
(d)			Represents costs related to the Company's sales and planned sales of businesses, primarily legal and professional fees.
(e)			Represents costs related to severance, including accelerated stock compensation expense, for certain employees and executives who have been separated or will separate from the Company.
(f)			Represents transaction-related costs and expenses related to the acquisition of Frutarom. For 2021, amount primarily includes earn-out payments, net of adjustments. For 2020, amount primarily includes earn-out payments, net of adjustments, amortization for inventory "step-up" costs and transaction costs primarily related to the 2019 Acquisition Activity. For 2019, amount primarily includes amortization for inventory "step-up" costs and transaction costs.
(g)			Costs related to reviewing the nature of inappropriate payments and review of compliance in certain other countries. In addition, includes legal costs for related shareholder lawsuits.
(h)			Represents transaction costs and expenses related to the transaction with N&B, primarily legal and professional fees.
(i)			Represents costs primarily related to advisory services for the integration of the transaction with N&B, primarily consulting fees.

The Company has not disclosed revenues at a lower level than provided herein, such as revenues from external customers by product, as it is impracticable for it to do so.

The Company had no customers that accounted for greater than 10% of consolidated net sales in 2021, 2020 and 2019.

Long-lived assets, net, by country, consisted as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
United States	$	2,041	$	572


China	259		172
Denmark	251		—
Finland	196		—
France	188		28
Germany	156		7
Other	1,277		679
Consolidated	$	4,368	$	1,458

Segment capital expenditures and depreciation and amortization consisted as follows:


	Capital Expenditures						Depreciation and Amortization
(DOLLARS IN MILLIONS)	2021		2020		2019		2021		2020		2019
Nourish	$	183	$	98	$	126	$	594	$	211	$	210
Health & Biosciences	139		7		8		353		36		34
Scent	41		87		102		84		78		79
Pharma Solutions	30		—		—		125		—		—
Consolidated	$	393	$	192	$	236	$	1,156	$	325	$	323

Net sales are attributed to individual regions based upon the destination of product delivery and are as follows:


	Net Sales by Geographic Area
(DOLLARS IN MILLIONS)	2021		2020		2019
Europe, Africa and Middle East	$	4,093	$	1,987	$	2,082
Greater Asia	2,728		1,162		1,163
North America	3,499		1,228		1,170
Latin America	1,336		707		725
Consolidated	$	11,656	$	5,084	$	5,140


	Net Sales by Geographic Area
(DOLLARS IN MILLIONS)	2021		2020		2019
Net sales related to the U.S.	$	3,211	$	1,093	$	1,053
Net sales attributed to all foreign countries	8,445		3,991		4,087

No non-U.S. country had net sales greater than 7% of total consolidated net sales for 2021 and net sales greater than 6% of total consolidated net sales for 2020 and 2019.

- 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/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-Paragraph 21
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-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Assets Held For Sale (Details) - USD ($) $ in Millions	12 Months Ended
Assets Held For Sale (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Assets
Operating lease right-of-use assets	$ 767	$ 299
Liabilities
Disposal Group, Including Discontinued Operation, Assets, Current	1,122	0
Disposal Group, Including Discontinued Operation, Liabilities, Current	101	$ 0
Disposal Group, Held-for-sale, Not Discontinued Operations \| Microbial Control
Discontinued Operations and Disposal Groups [Abstract]
Total assets held-for-sale	1,122
Inventories	125
Total liabilities held-for-sale	101
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash payment from DuPont	1,273
Assets
Trade Receivables, net	63
Inventories	125
Property, plant and equipment, net	30
Goodwill	536
Other intangible assets, net	349
Operating lease right-of-use assets	5
Other assets	14
Total assets held-for-sale	1,122
Liabilities
Accounts payable	69
Disposal Group, Including Discontinued Operation, Deferred Tax Liabilities	24
Other liabilities	8
Total liabilities held-for-sale	$ 101

Business Divestiture (Details) - Fruit Preparation - Disposal Group, Disposed of by Sale, Not Discontinued Operations $ in Millions	3 Months Ended
	Sep. 30, 2021 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash payment from DuPont	$ 115
Tax amount	$ 12

Stock Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock-Based Compensation Expense Included in Consolidated Statement of Income and Comprehensive Income

Total stock-based compensation expense included in the Consolidated Statements of Income and Comprehensive Income (Loss) was as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Equity-based awards	$	54	$	36	$	34
Liability-based awards	8		4		4
Total stock-based compensation	62		40		38
Less tax benefit	(13)		(8)		(7)
Total stock-based compensation, net of tax	$	49	$	32	$	31

SSAR's and Stock Option Activity

SSARs and options activity was as follows:


(SHARE AMOUNTS IN THOUSANDS)	Shares Subject to SSARs/Options	Weighted Average Exercise Price		SSARs/ Options Exercisable




December 31, 2020	42	$	135.01	1
Granted	3	144.67
Exercised	(90)	110.28
Canceled	(9)	101.19
Assumed	341
December 31, 2021	287	$	107.48	235

Expected to Vest at December 31, 2021	44	$	95.94

SSAR's and Stock Option Outstanding

SSARs and options outstanding at December 31, 2021 was as follows:


Price Range	Number Outstanding (in thousands)	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)


Over $65	287	5.04	$	107.48	$	12

SSARs and options exercisable as of December 31, 2021 was as follows:


Price Range	Number Exercisable (in thousands)	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
Over $65	235	4.65	$	109.77	$	10

SSAR's and Stock Option Exercisable

SSARs and options exercisable as of December 31, 2021 was as follows:


Price Range	Number Exercisable (in thousands)	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
Over $65	235	4.65	$	109.77	$	10

RSU's [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

RSU, PRS and Cash RSU Activity

RSU activity was as follows:


(SHARE AMOUNTS IN THOUSANDS)	Number of Shares		Weighted Average Grant Date Fair Value Per Share
December 31, 2020	525		$	126.62
Granted	344		136.71
Vested	(314)		119.99
Forfeited	(37)	-37000	128.79
Assumed	259
December 31, 2021	777		$	126.20

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

RSU, PRS and Cash RSU Activity

The following table summarizes the Company's PRSU activity for the years ended December 31, 2021, 2020 and 2019:


(DOLLARS IN MILLIONS)	Issued Shares	Aggregate Purchase Price		Covered Shares
2021	61,870	$	9	30,935
2020	66,160	$	9	33,080
2019	61,991	$	9	30,996

PRSU activity was as follows:


(SHARE AMOUNTS IN THOUSANDS)	Number of Shares	Weighted Average Grant Date Fair Value Per Share




December 31, 2020	193	$	136.37
Granted	62	144.67
Vested	(95)	138.41
Forfeited	(5)	141.81
December 31, 2021	155	$	138.36

Cash RSU's [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

RSU, PRS and Cash RSU Activity

Cash RSU activity was as follows:


(SHARE AMOUNTS IN THOUSANDS)	Cash RSUs	Weighted Average Fair Value Per Share




December 31, 2020	111	$	108.84
Granted	51	150.65
Vested	(37)	141.58
Forfeited	(9)	140.43
December 31, 2021	116	$	150.65

Segment Information - Capital Expenditure and Depreciation and Amortization by Segment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Capital Expenditures	$ 393	$ 192	$ 236
Depreciation and amortization	1,156	325	323
Operating Segments [Member] \| Nourish
Segment Reporting Information [Line Items]
Capital Expenditures	183	98	126
Depreciation and amortization	594	211	210
Operating Segments [Member] \| Health & Biosciences
Segment Reporting Information [Line Items]
Capital Expenditures	139	7	8
Depreciation and amortization	353	36	34
Operating Segments [Member] \| Scent [Member]
Segment Reporting Information [Line Items]
Capital Expenditures	41	87	102
Depreciation and amortization	84	78	79
Operating Segments [Member] \| Pharma Solutions
Segment Reporting Information [Line Items]
Capital Expenditures	30	0	0
Depreciation and amortization	$ 125	$ 0	$ 0

Debt

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Debt

DEBT

Debt consisted of the following at December 31:


(DOLLARS IN MILLIONS)	Effective Interest Rate		2021		2020
2021 Euro Notes(1)	0.82	%	$	—	$	368
2022 Notes(3)	0.69	%	300		—
2023 Notes(1)	3.30	%	300		299
2024 Euro Notes(1)	1.88	%	565		614
2025 Notes(3)	1.22	%	1,001		—
2026 Euro Notes(1)	1.93	%	900		978
2027 Notes(3)	1.56	%	1,218		—
2028 Notes(1)	4.57	%	397		397
2030 Notes(3)	2.21	%	1,511		—
2040 Notes(3)	3.04	%	775		—
2047 Notes(1)	4.44	%	494		494
2048 Notes(1)	5.12	%	786		786
2050 Notes(3)	3.21	%	1,572		—
2018 Term Loan Facility(1)	3.65	%	—		240
2022 Term Loan Facility(1)	1.73	%	—		199
2024 Term Loan Facility(3)	1.43	%	625		—
2026 Term Loan Facility(3)	1.82	%	625		—
Amortizing Notes(1)	6.09	%	—		36
Commercial Paper(4)	—	%	324		—
Bank overdrafts and other			7		2
Total debt			$	11,400	$	4,413
Less: Short term borrowings(2)			(632)		(634)
Total Long-term debt			$	10,768	$	3,779

_______________________

(1)Amount is net of unamortized discount and debt issuance costs.

(2)Includes bank borrowings, overdrafts, current portion of long-term debt and commercial paper.

(3)Assumed by the Company as part of the N&B Merger and recorded at fair value.

Term Loan Facility and Senior Notes assumed as part of the N&B Merger

Following the Merger, the Company assumed the indebtedness incurred by N&B in the debt financings completed prior to the Distribution. This indebtedness includes (i) a Term Loan Facility of $1.250 billion pursuant to the term loan credit agreement (the "N&B Term Loan Facility") and (ii) a series of Senior Notes in the aggregate amount of $6.250 billion with maturities ranging from 2 to 30 years as further described below. N&B’s indebtedness raised prior to the Merger was used to finance the Special Cash Payment to DuPont, which has been paid, and for the satisfaction of the related transaction fees and expenses. See Note 3 for additional information.

N&B Term Loan Facility

The N&B Term Loan Facility was funded on February 1, 2021, and provides for a senior unsecured term loan credit facility in an aggregate principal amount of $1.250 billion, comprised of a $625 million three-year tranche (“2024 Term Loan Facility”) and a $625 million five-year tranche (“2026 Term Loan Facility”). Interest for each tranche equals, at the Company’s option, a per annum rate equal to either (x) an adjusted LIBOR rate plus an applicable margin varying from 0.750% to 2.000% for the three-year tranche and from 1.125% to 2.375% for the five-year tranche or (y) a base rate plus an applicable margin varying from 0.000% to 1.000% for the three-year tranche and from 0.125% to 1.375% for the five-year tranche, in each case depending on the class of IFF’s non-credit-enhanced, senior unsecured long-term debt credit rating.

The 2024 Term Loan Facility and 2026 Term Loan Facility are subject to customary affirmative and negative covenants and events of default after the Closing Date of the Merger. The 2024 Term Loan Facility and 2026 Term Loan Facility are also subject to a financial covenant requiring maintenance of a maximum consolidated leverage ratio of 4.75x until and including the end of the third full fiscal quarter after the Closing Date of the Merger, stepping down to 4.50x until and including the end of the sixth full fiscal quarter after the Closing Date of the Merger, stepping down further to 3.75x until and including the end of the ninth full fiscal quarter after the Closing Date of the Merger and stepping down further to 3.50x thereafter, with a step-up in connection with certain qualifying acquisitions. The Company was in compliance with all covenants as of December 31, 2021.

N&B Senior Notes

On September 16, 2020, N&B issued $6.250 billion in aggregate principal amount of senior unsecured notes consisting of: (i) $300 million senior unsecured notes maturing on September 15, 2022 (the “2022 Notes”), bearing interest at a rate of 0.697% per year, payable semi-annually on March 15 and September 15 of each year, beginning March 15, 2021; (ii) $1.000 billion senior unsecured notes maturing on October 1, 2025 (the “2025 Notes”), bearing interest at a rate of 1.230% per year, payable semi-annually on April 1 and October 1 of each year, beginning April 1, 2021; (iii) $1.200 billion senior unsecured notes maturing on October 15, 2027 (the “2027 Notes”), bearing interest at a rate of 1.832% per year, payable semi-annually on April 15 and October 15 of each year, beginning April 15, 2021; (iv) $1.500 billion senior unsecured notes maturing on November 1, 2030 (the “2030 Notes”), bearing interest at a rate of 2.300% per year, payable semi-annually on May 1 and November 1 of each year, beginning May 1, 2021; (v) $750 million senior unsecured notes maturing on November 15, 2040 (the “2040 Notes”), bearing interest at a rate of 3.268% per year, payable semi-annually on May 15 and November 15 of each year, beginning May 15, 2021, and; (vi) $1.500 billion senior unsecured notes maturing on December 1, 2050 (the “2050 Notes”), bearing interest at a rate of 3.468% per year, payable semi-annually on June 1 and December 1 of each year, beginning June 1, 2021.

Interest on each series of notes began accruing from September 16, 2020 payable semi-annually in arrears as described above. Interest is computed on the basis of a 360-day year comprised of twelve 30-day months.

Revolving Credit Facility

On July 28, 2021, the Company and certain of its subsidiaries entered into the Third Amended and Restated Credit Agreement which amended and restated the Company’s Revolving Credit Facility (previously and more recently amended and restated as of August 25, 2020) among the Company, certain of its subsidiaries, the banks, financial institutions and other institutional lenders party thereto, and Citibank, N.A. as administrative agent.

The interest rate on the Revolving Credit Facility is, at the applicable borrower's option, a per annum rate equal to either (x) an eurocurrency rate plus an applicable margin varying from 1.000% to 1.625% or (y) a base rate plus an applicable margin varying from 0.000% to 0.625%, in each case depending on the public debt ratings for non-credit enhanced long-term senior unsecured debt issued by the Company.

The Revolving Credit Facility is available for general corporate purposes of each borrower and its subsidiaries. The obligations under the Revolving Credit Facility are unsecured and the Company has guaranteed the obligations of each other borrower under the Revolving Credit Facility. The Company pays a commitment fee on the aggregate unused commitments; such fee is not material. The Revolving Credit Agreement contains various covenants, limitations and events of default customary for similar facilities for similarly rated borrowers, including a maximum permitted ratio of Net Debt to Consolidated EBITDA of 4.75x as of December 31, 2021, with step-downs to 3.50x over time (with a step-up if the Company consummates certain qualifying acquisitions).

In connection with the Revolving Credit Facility, the Company incurred $1 million of debt issuance costs. As of December 31, 2021, the Company was in compliance with all covenants under this Revolving Credit Facility. As of December 31, 2021, total availability under the Revolving Credit Facility was $2.000 billion, with no outstanding borrowings. Under the amended terms of the Revolver Credit Agreement, the Revolving Credit Facility increased from $1.000 billion to $2.000 billion, maturing on July 28, 2026. At the option of the Company, the facility may be increased to $2.500 billion subject to certain conditions. As the Revolving Credit Facility is a multi-year revolving credit agreement, the Company classifies as long-term debt the portion that it has the intent and ability to maintain outstanding longer than 12 months.

2018 Senior Unsecured Notes

On September 25, 2018 the Company issued €300 million aggregate principal amount of senior unsecured notes that matured on September 25, 2021 (the “2021 Euro Notes”). The 2021 Notes bore interest at a rate of 0.5% per year, payable annually on September 25 of each year, beginning September 25, 2019. Total proceeds from the issuance of the 2021 Notes, net of underwriting discounts and offering costs, were €298 million ($350 million in USD). During the third quarter of 2021, the Company repaid the 2021 Euro Notes in a payment of €300 million. The repayment on the 2021 Euro Notes was funded primarily from the Company's existing cash balances, with the remainder coming from the issuance of $800 million of commercial paper.

On September 25, 2018, the Company issued €800 million aggregate principal amount of senior unsecured notes that mature on September 25, 2026 (the “2026 Euro Notes”). The 2026 Notes bear interest at a rate of 1.8% per year, payable annually on September 25 of each year, beginning September 25, 2019. Total proceeds from the issuance of the 2026 Notes, net of underwriting discounts and offering costs, were €794 million ($932 million in USD).

On September 26, 2018, the Company issued $400 million aggregate principal amount of senior unsecured notes that mature on September 26, 2028 (the “2028 Notes”). The 2028 Notes bear interest at a rate of 4.45% per year, payable semi-annually on March 26 and September 26 of each year, beginning March 26, 2019. Total proceeds from the issuance of the 2028 Notes, net of underwriting discounts and offering costs, were $397 million.

On September 26, 2018, the Company issued $800 million aggregate principal amount of senior unsecured notes that mature on September 26, 2048 (the “2048 Notes” and collectively with the 2021 Euro Notes, 2026 Euro Notes, 2020 Notes, 2028 Notes, the "2018 Senior Unsecured Notes"). The 2048 Notes bear interest at a rate of 5.0% per year, payable semi-annually on March 26 and September 26 of each year, beginning March 26, 2019. Total proceeds from the issuance of the 2048 Notes, net of underwriting discounts and offering costs, were $787 million.

As discussed in Note 16, the 2021 Euro Notes and 2026 Euro Notes have been designated as a hedge of the Company's net investment in certain subsidiaries.

2023 Notes

On April 4, 2013, the Company issued $300 million face amount of 3.20% Senior Notes (“2023 Notes”) due 2023 at a discount of less than $1 million. The Company received proceeds related to the issuance of these 2023 Notes of $298 million which was net of the less than $1 million discount and a $2 million underwriting discount (recorded as deferred financing costs). In addition, the Company incurred $1 million of other deferred financing costs in connection with the debt issuance. The discount and deferred financing costs are being amortized as interest expense over the term of the 2023 Notes. The 2023 Notes bear interest at a rate of 3.20% per year, with interest payable on May 1 and November 1 of each year, commencing on November 1, 2013. The 2023 Notes mature on May 1, 2023.

2024 Euro Notes

On March 14, 2016, the Company issued €500 million face amount of 1.75% Senior Notes ("2024 Euro Notes") due 2024 at a discount of €1 million. The Company received proceeds related to the issuance of these 2024 Euro Notes of €496 million which was net of the €1 million discount and €3 million underwriting discount (recorded as deferred financing costs). In addition, the Company incurred $1 million of other deferred financing costs in connection with the debt issuance. In connection with the debt issuance, the Company entered into pre-issuance hedging transactions that were settled upon issuance of the debt and resulted in a loss of approximately $3 million. The discount, deferred financing costs and pre-issuance hedge loss are being amortized as interest expense over the eight year term of the debt. The 2024 Euro Notes bear interest at a rate of 1.75% per annum, with interest payable on March 14 of each year, commencing on March 14, 2017. The 2024 Euro Notes will mature on March 14, 2024.

As discussed in Note 16, the 2024 Euro Notes have been designated as a hedge of the Company's net investment in certain subsidiaries.

2047 Notes

On May 18, 2017, the Company issued $500 million face amount of 4.375% Senior Notes ("2047 Notes") due 2047 at a discount of $2 million. The Company received proceeds related to the issuance of these 2047 Notes of $494 million which was net of the $2 million discount and $4 million in underwriting fees (recorded as deferred financing costs). In addition, the Company incurred $1 million in legal and professional costs associated with the issuance and such costs were recorded as deferred financing costs. In connection with the debt issuance, the Company entered into pre-issuance hedging transactions that were settled upon issuance of the debt and resulted in a loss of approximately $5 million. The discount, deferred financing costs and pre-issuance hedge loss are being amortized as interest expense over the 30 year term of the debt. The 2047 Notes bear interest at a rate of 4.375% per annum, with interest payable semi-annually on June 1 and December 1 of each year, commencing on December 1, 2017. The 2047 Notes will mature on June 1, 2047.

2018 Term Loan Facility

On June 6, 2018, the Company entered into a Term Loan Credit Agreement (as amended on July 13, 2018, January 17, 2020 and August 25, 2020, the "2018 Term Loan Credit Agreement") with Morgan Stanley Senior Funding, Inc., as the administrative agent, and the lenders party thereto, pursuant to which the lenders thereunder committed to provide, a senior unsecured term loan facility in an original aggregate principal amount of up to $350 million (the "2018 Term Loan Facility"), which matured on October 1, 2021. In 2019, the Company made payments of $110 million on the 2018 Term Loan Facility, and during the third quarter of 2021, the Company repaid the remainder of the 2018 Term Loan Facility in two payments of $120 million each. The repayments on the 2018 Term Loan Facility were funded primarily from the Company's existing cash balances, with the remainder coming from the issuance of $800 million of commercial paper.

2022 Term Loan Facility

On May 15, 2020, the Company entered into a Term Loan Agreement (as amended on August 25, 2020, the "2022 Term Loan Agreement") with China Construction Bank Corporation, New York Branch, as administrative agent, and the lenders party thereto, pursuant to which the lenders thereunder have committed to provide a senior unsecured two year term loan facility in an aggregate principal amount of up to $200 million (the "2022 Term Loan Facility"). The loans under the 2022 Term Loan Agreement bore interest, at the Company's option, at a per annum rate equal to either (x) an adjusted LIBOR rate plus an applicable margin varying from 1.225% to 2.475% or (y) a base rate plus an applicable margin varying from 0.225% to 1.475%, in each case depending on the public debt ratings for non-credit enhanced long-term senior unsecured debt issued by the Company. The Company could voluntarily prepay the term loans without premium or penalty, with the balance payable on the second anniversary of the funding date. There is no required amortization under the 2022 Term Loan Agreement.

During the fourth quarter of 2021, the Company elected to voluntarily prepay the outstanding balance of the 2022 Term Loan Facility.

Commercial Paper

During 2021, the Company had gross issuances of $800 million and repayments of $476 million under the commercial paper program. The commercial paper issued had original maturities of less than 120 days. There were no commercial paper issuances in 2020.

The Commercial Paper Program is backed by the borrowing capacity available under the Revolving Credit Facility. The effective interest rate of commercial paper issuances does not materially differ from short-term interest rates, which fluctuate due to market conditions and as a result may impact our interest expense.

Redemption Provisions

The 2023 Notes, 2024 Euro Notes, 2026 Euro Notes, 2028 Notes, 2047 Notes, and 2048 Notes (collectively, the "Notes") share the same redemption provisions. Upon 30 days’ notice to holders of the Notes, the Company may redeem the Notes for cash in whole, at any time, or in part, from time to time, prior to maturity, at redemption prices that include accrued and unpaid interest and a make-whole premium, as specified in the indenture governing the Notes. However, no make-whole premium will be paid for redemptions of each note on or after the following date:


Note						Redemption Date


2023 Notes						February 1, 2023
2024 Euro Notes						December 14, 2023
2026 Euro Notes						June 25, 2026
2028 Notes						June 26, 2028
2047 Notes						December 1, 2046
2048 Notes						March 26, 2048

The indenture of the Notes provides for customary events of default and contains certain negative covenants that limit the ability of the Company and its subsidiaries to grant liens on assets, or to enter into sale-leaseback transactions. In addition, subject to certain limitations, in the event of the occurrence of both (1) a change of control of the Company and (2) a downgrade of the Notes below investment grade rating by both Moody’s Investors Services, Inc., Standard & Poor’s Ratings Services and Fitch Ratings Inc. within a specified time period, the Company will be required to make an offer to repurchase the Notes at a price equal to 101% of the principal amount of the Notes, plus accrued and unpaid interest to the date of repurchase.

The 2022 Notes, 2025 Notes, 2027 Notes, 2030 Notes, 2040 Notes, and 2050 Notes (collectively, the "N&B Senior Notes"), assumed as a result of the Merger, may be redeemed by the issuer at any time at the greater of 100% or the discounted present value of the remaining scheduled payments of principal and interest from the redemption date to the maturity date at Treasury Rate (as defined in the applicable indenture) plus (i) 10 basis points in the case of the 2022 Notes, (ii) 15 basis points in the case of the 2025 Notes, (iii) 25 basis points in the case of the 2027 Notes, (iv) 25 basis points in the case of the 2030 Notes, (v) 30 basis points in the case of the 2040 Notes and (vi) 30 basis points in the case of the 2050 Notes. The redemption dates of each of the N&B Senior Notes are provided in the table below:


Notes			Redemption Date
2022 Notes			September 15, 2022
2025 Notes			September 1, 2025
2027 Notes			August 15, 2027
2030 Notes			August 1, 2030
2040 Notes			May 15, 2040
2050 Notes			June 1, 2050

On or after the applicable redemption dates, each series of the N&B Senior Notes may be redeemed by the issuer at a redemption price equal to 100% of the principal amount of the N&B Senior Notes to be redeemed, plus accrued and unpaid interest on the notes to be redeemed to, but excluding, the redemption date.

Outstanding Borrowings

The following table shows the contractual maturities of the Company's long-term debt as of December 31, 2021.


	Payments Due by Period
(DOLLARS IN MILLIONS)	Total		Less than 1 Year		1-3 Years		3-5 Years		More than 5 Years
Total Outstanding Borrowings	$	10,971	$	300	$	1,491	$	2,530	$	6,650

- 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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
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-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Segment Information Segment Information - Schedule of Long Lived Assets (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	$ 4,368	$ 1,458
U.S. Pension Plans [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	2,041	572
CHINA
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	259	172
Other Countries [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	1,277	679
DENMARK
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	251	0
FINLAND
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	196	0
FRANCE
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	188	28
GERMANY
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	$ 156	$ 7

Tangible Equity Units (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Allocation of Tangible Equity Units

The proceeds from the issuance of the TEUs were allocated to equity and debt based on the relative fair value of the respective components of each TEU as follows:


(DOLLARS IN MILLIONS, EXCEPT FAIR VALUE PER TEU)	SPC		Amortizing Note		Total
Fair Value per TEU	$	42	$	8	$	50

Gross Proceeds	$	686	$	139	$	825
Less: Issuance costs	21		4		25
Net Proceeds	$	665	$	135	$	800

Schedule of Stock Purchase Contract


VWAP of IFF Common Stock						Common Stock Issued
Equal to or greater than $159.54						0.3134 shares (minimum settlement rate)
Less than $159.54, but greater than $130.25						$50 divided by VWAP
Less than or equal to $130.25						0.3839 shares (maximum settlement rate)

Employee Benefits - Percentage of Assets Invested (Detail) - Pension Plan [Member]	Dec. 31, 2021	Dec. 31, 2020
U.S Plans [Member] \| Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	1.00%	1.00%
U.S Plans [Member] \| Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	45.00%	29.00%
U.S Plans [Member] \| Fixed income [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	54.00%	70.00%
U.S Plans [Member] \| Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	0.00%	0.00%
U.S Plans [Member] \| Alternative and other investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	0.00%	0.00%
Non-U.S. Plans [Member] \| Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	6.00%	3.00%
Non-U.S. Plans [Member] \| Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	18.00%	10.00%
Non-U.S. Plans [Member] \| Fixed income [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	34.00%	38.00%
Non-U.S. Plans [Member] \| Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	6.00%	8.00%
Non-U.S. Plans [Member] \| Alternative and other investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of assets invested	36.00%	41.00%

Employee Benefits - Estimated Future Benefit Payments (Detail) $ in Millions	Dec. 31, 2021 USD ($)
Postretirement Benefit Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2022	$ 4
2023	3
2024	4
2025	4
2026	4
2027 - 2031	18
Required Company Contributions in the Following Year (2022)	4
U.S Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2022	38
2023	38
2024	39
2025	39
2026	39
2027 - 2031	189
Required Company Contributions in the Following Year (2022)	5
Non-U.S. Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2022	36
2023	36
2024	39
2025	40
2026	42
2027 - 2031	236
Required Company Contributions in the Following Year (2022)	$ 33

Assets Held For Sale

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Assets Held For Sale

BUSINESS DIVESTITURES

Fruit Preparation

ASSETS HELD FOR SALE

Microbial Control

Included in the Company's Consolidated Balance Sheets as of December 31, 2021 are the following carrying amounts of the assets and liabilities held for sale:


(DOLLARS IN MILLIONS)	December 31, 2021
Assets
Trade receivables, net	$	63
Inventories	125
Property, plant and equipment, net	30
Goodwill	536
Other intangible assets, net	349
Operating lease right-of-use assets	5
Other assets	14
Total assets held-for-sale	$	1,122
Liabilities
Accounts payable	$	69
Deferred tax liability	24
Other liabilities	8
Total liabilities held-for-sale	$	101

Goodwill and Other Intangible Assets, Net - Amortization Expense (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of acquisition-related intangibles	$ 732	$ 193	$ 193
2022	758
2023	749
2024	748
2025	746
2026	$ 743

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition

Purchase Price

The following table summarizes the aggregate purchase price consideration paid to acquire N&B (in millions, except share and per share data):


(DOLLARS IN MILLIONS)
Fair value of common stock issued to DuPont stockholders(1)	$	15,929
Fair value attributable to pre-merger service for replacement equity awards(2)	25
Pension funding adjustment(3)	(12)
Total purchase consideration	$	15,942

_______________________

(1)The fair value of common stock issued to DuPont stockholders represents 141,740,461 shares of the Company's common stock determined based on the number of fully diluted shares of IFF common stock, immediately prior to the Closing Date, multiplied by the quotient of 55.4%/44.6% and IFF common stock closing share price of $112.38 on the New York Stock Exchange on the Closing Date.

(2)At the time of the Transactions, each outstanding stock option, cash-settled stock appreciation right (“SAR”), restricted stock unit (“RSU”) award, and restricted stock award (“RSA”) with respect to DuPont common stock held by employees of N&B were canceled and converted into similar classes of equity awards of IFF’s Class A Common Stock. Further, each outstanding Performance Share Unit (“PSU”) award with respect to DuPont common stock held by employees of N&B were canceled and converted into IFF’s RSU awards. The conversion was based on the ratio of the volume-weighted average per share closing price of DuPont stock on the twenty trading days prior to the Closing Date and IFF’s stock on the twenty trading days following the Closing Date. The fair value of replacement equity-based awards attributable to pre-Merger service was recorded as part of the consideration transferred in the Merger (see Note 13 for additional information).

(3)The Merger related agreements provided that if the net pension balance of N&B as of the Closing Date differs from $220 million, such differential amount will be settled in cash. The Company has estimated the amount that it will receive and, accordingly, made an adjustment of $12 million to the total purchase consideration.

The following table summarizes the fair values of the assets acquired and liabilities assumed as of February 1, 2021, presenting both the preliminary and final purchase price allocations:


(DOLLARS IN MILLIONS)	Preliminary Estimated Fair Value as Reported in the First Quarter of 2021		Measurement Period Adjustments (1)(2)		As Reported in the Fourth Quarter of 2021
Cash and cash equivalents	$	207	$	(14)	$	193
Receivables	962		(9)		953
Inventory	1,615		(25)		1,590
Prepaid expenses and other current assets	342		32		374
Property, plant and equipment	3,242		(176)		3,066
Deferred income taxes	75		8		83
Intangible assets	9,176		47		9,223
Other assets	702		116		818
Accounts payable and accrued liabilities	(1,028)		(51)		(1,079)
Accrued payroll and employee benefits	(163)		15		(148)
Deferred tax liabilities(3)	(2,369)		(26)		(2,395)
Long-term debt	(7,636)		—		(7,636)
Other long-term liabilities	(907)		12		(895)
Total identifiable net assets assumed	4,218		(71)		4,147
Non-controlling interest	(26)		4		(22)
Goodwill(4)	11,762		55		11,817
Purchase price	$	15,954	$	(12)	$	15,942

_______________________

(1)The preliminary fair value purchase price allocation of the assets and liabilities acquired in the N&B Merger as reported in the first quarter of 2021 were updated during the nine months ended December 31, 2021 to reflect updated fair values for intangible assets, property, plant and equipment, equity method investments and inventory. In addition, the carrying amounts of certain assets and liabilities were updated based on additional analysis of acquired assets and liabilities that existed at the Closing Date.

(2)During the fourth quarter of 2021, the Company recorded an adjustment to reflect the receipt of approximately $53 million in cash from DuPont as a result of finalization of adjustments to the Special Cash Payment paid to DuPont by N&B, prior to the close of the Transactions.

(3)The change to deferred tax liabilities was primarily a result of the finalization of the jurisdictional allocation of the tangible and intangible assets. All measurement period adjustments were offset against goodwill.

(4)The cumulative impact of the adjustments during the nine months ended December 31, 2021 resulted in a $55 million increase to goodwill.

Schedule of intangible assets acquired

The fair value and useful lives of the identifiable intangible assets assumed as of February 1, 2021 are as follows:


(DOLLARS IN MILLIONS)	Amounts		Useful Lives
Indefinite lived intangible assets
In-process research and development	$	13	Indefinite
Finite lived intangible assets
Trade names	261		4 to 22 years
Customer relationships	6,734		11 to 27 years
Technological know-how	2,194		5 to 18 years
Other	21		2 years
Total finite lived intangible assets	9,210
Total	$	9,223

Unaudited pro forma information

The unaudited pro forma results for the year ended December 31, 2021 and 2020 were as follows:


	Year Ended December 31,
(DOLLARS IN MILLIONS)		2021		2020
Unaudited pro forma net sales		$	12,163	$	11,143
Unaudited pro forma net income attributable to the Company		687		192

Other Assets And Liabilities, Current and Noncurrent - Schedule of Other Current Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Other Liabilities Disclosure [Abstract]
Rebates and incentives payable	$ 113	$ 64
Value-added tax payable	50	20
Interest payable	48	29
Current pension and other postretirement benefit obligation	11	13
Accrued insurance (including workers’ compensation)	10	11
Earn outs payable	0	14
Restructuring and other charges	$ 29	$ 14	$ 21	$ 5
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Total	Total
Current operating lease obligation	$ 109	$ 41
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Total	Total
Current financing lease obligation	$ 5	$ 3
Accrued income taxes	94	42
Other accounts payable and accrued expenses payable	270	160
Other	93	88
Total	$ 832	$ 499

Concentrations Of Credit Risk - Additional Information (Detail) - Customer Concentration Risk [Member] - Customer	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Concentration Risk [Line Items]
Number of customers that accounted for more than 10% of consolidated net sales	0	0	0
All Foreign Countries [Member] \| Sales [Member]
Concentration Risk [Line Items]
Concentration risk threshold	10.00%	10.00%	10.00%

Acquisitions (Notes)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Acquisitions

ACQUISITIONS

Transaction with Nutrition & Biosciences, Inc.

On February 1, 2021, IFF completed the Merger with N&B. Pursuant to the transaction related agreements, DuPont transferred its N&B Business to N&B, a wholly-owned subsidiary of DuPont, and N&B merged with and into a wholly owned subsidiary of IFF in exchange for 141,740,461 shares of IFF common stock, par value $0.125 per share (“IFF Common Stock”).

The Company completed its Merger with N&B in a Reverse Morris Trust transaction (the “Transactions”), pursuant to which the Company acquired the N&B Business of DuPont. In the Transactions, among other steps (i) DuPont transferred the N&B Business to N&B (the “Separation”); (ii) N&B made a cash distribution to DuPont of approximately $7.359 billion, subject to certain adjustments (the “Special Cash Payments”); (iii) DuPont distributed to its stockholders all of the issued and outstanding shares of N&B common stock by way of an exchange offer (the “Distribution”), and; (iv) N&B merged with and into a wholly owned subsidiary of IFF. As a result of the Merger, the existing shares of N&B common stock were automatically converted into the right to receive a number of shares of IFF Common Stock. Immediately after the Merger, holders of DuPont’s common stock that received shares of N&B common stock in the Distribution owned approximately 55.4% of the outstanding shares of IFF Common Stock on a fully diluted basis and existing holders of IFF Common Stock owned approximately 44.6% of the outstanding shares of IFF on a fully diluted basis.

The Merger was accounted for using the purchase method of accounting in accordance with ASC Topic 805, Business Combinations, with IFF identified as the acquirer. As a result of the Merger, N&B’s assets, liabilities and the operating results of N&B were included in the Company’s financial statements from the Closing Date. N&B contributed net sales of approximately $6.084 billion and net income of approximately $11 million for the year ended December 31, 2021, which includes the effects of purchase accounting adjustments, primarily related to changes in amortization of intangible assets, depreciation of property, plant and equipment and amortization of stepped up inventory.

Prior to the Distribution, N&B incurred new indebtedness in the form of term loans and senior notes in an aggregate principal amount of $7.500 billion to pay the Special Cash Payments made to DuPont stockholders. See Note 9 for additional information regarding the new term loans and senior notes incurred by N&B and subsequently assumed by IFF.

Purchase Price

The following table summarizes the aggregate purchase price consideration paid to acquire N&B (in millions, except share and per share data):


(DOLLARS IN MILLIONS)
Fair value of common stock issued to DuPont stockholders(1)	$	15,929
Fair value attributable to pre-merger service for replacement equity awards(2)	25
Pension funding adjustment(3)	(12)
Total purchase consideration	$	15,942

_______________________

Purchase Price Allocation

The Merger with N&B was accounted for under the acquisition method under which the Company allocated the purchase consideration to the tangible net assets and identifiable assets acquired based on estimated fair values at the Closing Date, and recorded the excess of consideration over the fair values of net assets acquired as goodwill. The purchase price allocation was finalized as of the end of 2021 when the Company finalized the valuation of the acquired property, plant and equipment, goodwill, intangible assets (trade names, customer relationships, IPR&D, and technological know-how), inventory and leases, in addition to ensuring all other assets and liabilities and contingencies have been identified and recorded. Further, the assessment of certain contingencies including loss contracts and environmental liabilities, pension and postretirement benefit obligations and taxes has been completed. Additionally, in connection with finalizing the purchase price allocation, the Company finalized the projected combined future tax rate to be applied to the valuation of assets and recorded the applicable adjustments to the values of goodwill and intangible assets.

The following table summarizes the fair values of the assets acquired and liabilities assumed as of February 1, 2021, presenting both the preliminary and final purchase price allocations:


(DOLLARS IN MILLIONS)	Preliminary Estimated Fair Value as Reported in the First Quarter of 2021		Measurement Period Adjustments (1)(2)		As Reported in the Fourth Quarter of 2021
Cash and cash equivalents	$	207	$	(14)	$	193
Receivables	962		(9)		953
Inventory	1,615		(25)		1,590
Prepaid expenses and other current assets	342		32		374
Property, plant and equipment	3,242		(176)		3,066
Deferred income taxes	75		8		83
Intangible assets	9,176		47		9,223
Other assets	702		116		818
Accounts payable and accrued liabilities	(1,028)		(51)		(1,079)
Accrued payroll and employee benefits	(163)		15		(148)
Deferred tax liabilities(3)	(2,369)		(26)		(2,395)
Long-term debt	(7,636)		—		(7,636)
Other long-term liabilities	(907)		12		(895)
Total identifiable net assets assumed	4,218		(71)		4,147
Non-controlling interest	(26)		4		(22)
Goodwill(4)	11,762		55		11,817
Purchase price	$	15,954	$	(12)	$	15,942

_______________________

(4)The cumulative impact of the adjustments during the nine months ended December 31, 2021 resulted in a $55 million increase to goodwill.

Acquired inventory is comprised of finished goods, work in process and raw materials. The fair value of finished goods was calculated as the estimated selling price, adjusted for costs of the selling effort and a reasonable profit allowance relating to the selling effort. The fair value of work in process inventory was primarily calculated as the estimated selling price, adjusted for estimated costs to complete the manufacturing, estimated costs of the selling effort, as well as a reasonable profit margin on the remaining manufacturing and selling effort. The fair value of raw materials and supplies was determined based on replacement cost which approximates historical carrying value. The fair value step-up has been amortized to “Cost of goods sold” in the Consolidated Statements of Income and Comprehensive Income (Loss) as the inventory was sold.

The fair value of property, plant and equipment was primarily calculated using the cost approach, which determines the replacement costs for the assets and adjusts it for their age and condition. The fair value of the land assets was determined via the sales comparison approach.

The long-term debt assumed is comprised of a Term Loan Facility and Notes. The fair value of the Notes was determined on the basis of unadjusted quoted prices on an over-the-counter market. The fair value of the long-term debt assumed as part of the Term Loan Facility is based on the total indebtedness at the time of closing the Merger. See Note 9 for additional information regarding the new term loans and senior notes incurred by N&B and subsequently assumed by IFF.

The Company has recognized $11.817 billion of goodwill to date in connection with the N&B Merger, which is in part attributable to expected synergies generated by the integration of N&B including cross-selling benefits as well as cost synergies. Substantially all of the goodwill is not deductible for income tax purposes. Goodwill of $2.900 billion, $6.712 billion, $876 million and $1.329 billion has been allocated to the Nourish, Health & Biosciences, Scent and Pharma Solutions segments, respectively.

The fair value and useful lives of the identifiable intangible assets assumed as of February 1, 2021 are as follows:


(DOLLARS IN MILLIONS)	Amounts		Useful Lives
Indefinite lived intangible assets
In-process research and development	$	13	Indefinite
Finite lived intangible assets
Trade names	261		4 to 22 years
Customer relationships	6,734		11 to 27 years
Technological know-how	2,194		5 to 18 years
Other	21		2 years
Total finite lived intangible assets	9,210
Total	$	9,223

The fair value of intangible assets is generally determined using an income method (specifically, for customer relationships, the multi-period excess earnings method), which is based on forecasts of the expected future cash flows attributable to the respective assets. Significant estimates and assumptions inherent in the valuations reflect a consideration of other market participants, and include the amount and timing of future cash flows (including revenue growth rates, gross margins and operating expenses), royalty rates used in the relief from royalty method, customer attrition rates, product obsolescence factors, a brand’s relative market position and the discount rates applied to the cash flows. Unanticipated market or macroeconomic events and circumstances may occur, which could affect the accuracy or validity of the estimates and assumptions. Determining the useful life of an intangible asset also requires significant judgment. Trade names, customer relationships and technological know-hows are expected to have finite lives. The costs of finite-lived intangible assets are amortized through expense over their estimated lives.

Lease liabilities, included in “Other current liabilities” and “Operating lease liabilities” in the Consolidated Balance Sheets, at the Closing Date, are remeasured at the present value of the future minimum lease payments over the remaining lease term and the incremental borrowing rate of the Company as if the acquired leases were new leases as of the Closing Date. Right-of-use assets included in "Operating lease right-of-use assets" in the Consolidated Balance Sheets as of the Closing Date, are equal to the amount of the lease liability at the Closing Date, adjusted for any fair value adjustments for off-market leases. The Company reviewed the acquired leases and applied a $15 million adjustment to reflect off-market leases. The remaining lease term is based on the remaining term at the Closing Date plus any renewal or extension options that the Company is reasonably certain will be exercised.

Net defined benefit plan liabilities were recognized based on appropriate actuarial assumptions and asset valuations as of the Closing Date and, accordingly, liabilities of approximately $221 million were recorded.

The Company accrued approximately $75 million related to certain product liability and legal contingencies for which it was determined that a liability existed at the Closing Date. Of this amount, approximately $61 million was related to the finding of certain grades of microcrystalline cellulose (Avicel® PH 101, 102, and 200 NF and Avicel® RC-591 NF) being out-of-specification. See Note 19 for additional information.

The deferred income tax assets and liabilities include the expected future federal, state and foreign tax consequences associated with temporary differences between the fair values of the assets acquired and liabilities assumed and the respective tax bases. Tax rates utilized in calculating deferred income taxes generally represent the enacted statutory tax rates at the effective date of the Merger in the jurisdictions in which legal title of the underlying asset or liability resides. See Note 10 for additional information related to income taxes.

The Company incurred transaction-related costs of approximately $91 million, $29 million and $21 million in 2021, 2020 and 2019, respectively. The transaction-related costs primarily consisted of merger and acquisition advisory, legal and professional fees in 2021 and legal and professional fees in 2020 and 2019.

Pro Forma Financial Information

The following unaudited pro forma financial information presents the combined results of operations of IFF and N&B as if the Merger had been completed as of the prior fiscal year, or January 1, 2020. The unaudited pro forma financial information is presented for informational purposes and is not indicative of the results of operations that would have been achieved if the Merger and related borrowings had taken place on January 1, 2020, nor are they indicative of future results. The unaudited pro forma financial information for the year ended December 31, 2021 includes IFF results, including the post-Merger results of N&B, since February 1, 2021, and pre-Merger results of N&B for the period January 1, 2021 through January 31, 2021.

The unaudited pro forma results for the year ended December 31, 2021 and 2020 were as follows:


	Year Ended December 31,
(DOLLARS IN MILLIONS)		2021		2020
Unaudited pro forma net sales		$	12,163	$	11,143
Unaudited pro forma net income attributable to the Company		687		192

The unaudited pro forma results for all periods include adjustments made to account for certain costs and transactions that would have been incurred had the Merger been completed as of January 1, 2020, including amortization charges for acquired intangibles assets, adjustments for transaction costs, adjustments for depreciation expense for property, plant and equipment, inventory step-up and adjustments to interest expense. These adjustments are net of any applicable tax impact and were included to arrive at the pro forma results above.

Tangible Equity Units Tangible Equity - Settlement of Shares (Details) - $ / shares	Sep. 15, 2021	Dec. 31, 2021	Sep. 14, 2021
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services	5,460,031
Tangible Equity Units Final Settlement Rate			$ 0.330911
Condition One [Member]
Class of Stock [Line Items]
Share Price		$ 159.54
Tangible Equity Rate, Settlement Rate		0.3134
Condition Two [Member]
Class of Stock [Line Items]
Tangible Equity Units, Conditional Value		50
Condition Three [Member]
Class of Stock [Line Items]
Share Price		130.25
Tangible Equity Rate, Settlement Rate		0.3839
Minimum [Member] \| Condition Two [Member]
Class of Stock [Line Items]
Share Price		130.25
Maximum [Member] \| Condition Two [Member]
Class of Stock [Line Items]
Share Price		$ 159.54

Schedule II - Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts and Reserves

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

(IN MILLIONS)


	For the Year Ended December 31, 2021
	Balance at beginning of period		Additions (deductions) charged to costs and expenses		Acquisitions		Accounts written off		Translation adjustments		Other(1)		Balance at end of period
Allowance for doubtful accounts	$	21	$	6	$	—	$	(1)	$	—	$	20	$	46
Valuation allowance on credit and operating loss carryforwards and other net deferred tax assets	257		(18)		9		—		(16)		—		232

	For the Year Ended December 31, 2020
	Balance at beginning of period		Additions charged to costs and expenses		Acquisitions		Accounts written off		Translation adjustments		Other		Balance at end of period
Allowance for doubtful accounts	$	16	$	6	$	—	$	(1)	$	—	$	—	$	21
Valuation allowance on credit and operating loss carryforwards and other net deferred tax assets	204		35		—		—		18		—		257

	For the Year Ended December 31, 2019
	Balance at beginning of period		Additions charged to costs and expenses		Acquisitions		Accounts written off		Translation adjustments		Other(2)		Balance at end of period
Allowance for doubtful accounts	$	9	$	1	$	—	$	(2)	$	—	$	8	$	16
Valuation allowance on credit and operating loss carryforwards and other net deferred tax assets	200		6		—		—		(2)		—		204

_______________________

(1)The amount relates to adjustment to allowances for bad debts as a result of purchase price allocation related to the Merger with N&B.

(2)The amount relates to an adjustment to reflect the correct classification of amounts between the allowance for bad debts and Trade Receivables.

Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Reportable Segment Information

Reportable segment information is as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Net sales
Nourish	$	6,264	$	2,886	$	2,978
Health & Biosciences	2,329		134		129
Scent	2,254		2,064		2,033
Pharma Solutions	809		—		—
Consolidated	$	11,656	$	5,084	$	5,140


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
Segment assets
Nourish	$	17,449	$	8,534
Health & Biosciences	14,774		1,375
Scent	4,078		3,646
Pharma Solutions	3,357		—
Consolidated	$	39,658	$	13,555


	December 31,
(DOLLARS IN MILLIONS)	2021		2020		2019
Segment Adjusted Operating EBITDA:
Nourish	$	1,172	$	599	$	658
Health & Biosciences	625		40		33
Scent	463		416		425
Pharma Solutions	165		—		—
Total	2,425		1,055		1,116
Depreciation & Amortization	(1,156)		(325)		(323)
Interest Expense	(289)		(132)		(138)
Other income, net	58		7		30
Operational Improvement Initiatives (a)	—		—		(2)

Frutarom Integration Related Costs (b)	(4)		(10)		(55)
Restructuring and Other Charges	(41)		(17)		(30)
Gains (Losses) on Sale of Assets	1		(4)		(3)
Shareholder Activism Related Costs (c)	(7)		—		—
Business Divestiture Costs (d)	(42)		—		—
Employee Separation Costs (e)	(29)		(3)		—
Frutarom Acquisition Related Costs (f)	(2)		(1)		(6)
Compliance Review & Legal Defense Costs (g)	—		(3)		(11)
N&B Inventory Step-Up Costs	(368)		—		—
N&B Transaction Related Costs (h)	(91)		(29)		(21)
N&B Integration Related Costs (i)	(101)		(97)		—




Income Before Taxes	$	354	$	441	$	557


(a)			Represents accelerated depreciation related to plant relocations in India and China.
(b)			Represents costs related to the integration of the Frutarom acquisition. For 2021, costs primarily related to performance stock awards. For 2020, costs primarily related to advisory services, retention bonuses and performance stock awards. For 2019, costs primarily related to advisory services.
(c)			Represents shareholder activist related costs, primarily professional fees.
(d)			Represents costs related to the Company's sales and planned sales of businesses, primarily legal and professional fees.
(e)			Represents costs related to severance, including accelerated stock compensation expense, for certain employees and executives who have been separated or will separate from the Company.
(f)			Represents transaction-related costs and expenses related to the acquisition of Frutarom. For 2021, amount primarily includes earn-out payments, net of adjustments. For 2020, amount primarily includes earn-out payments, net of adjustments, amortization for inventory "step-up" costs and transaction costs primarily related to the 2019 Acquisition Activity. For 2019, amount primarily includes amortization for inventory "step-up" costs and transaction costs.
(g)			Costs related to reviewing the nature of inappropriate payments and review of compliance in certain other countries. In addition, includes legal costs for related shareholder lawsuits.
(h)			Represents transaction costs and expenses related to the transaction with N&B, primarily legal and professional fees.
(i)			Represents costs primarily related to advisory services for the integration of the transaction with N&B, primarily consulting fees.

Segment capital expenditures and depreciation and amortization consisted as follows:


	Capital Expenditures						Depreciation and Amortization
(DOLLARS IN MILLIONS)	2021		2020		2019		2021		2020		2019
Nourish	$	183	$	98	$	126	$	594	$	211	$	210
Health & Biosciences	139		7		8		353		36		34
Scent	41		87		102		84		78		79
Pharma Solutions	30		—		—		125		—		—
Consolidated	$	393	$	192	$	236	$	1,156	$	325	$	323

Long-lived Assets by Geographic Areas

Long-lived assets, net, by country, consisted as follows:


	December 31,
(DOLLARS IN MILLIONS)	2021		2020
United States	$	2,041	$	572


China	259		172
Denmark	251		—
Finland	196		—
France	188		28
Germany	156		7
Other	1,277		679
Consolidated	$	4,368	$	1,458

Net Sales by Geographic Area

Net sales are attributed to individual regions based upon the destination of product delivery and are as follows:


	Net Sales by Geographic Area
(DOLLARS IN MILLIONS)	2021		2020		2019
Europe, Africa and Middle East	$	4,093	$	1,987	$	2,082
Greater Asia	2,728		1,162		1,163
North America	3,499		1,228		1,170
Latin America	1,336		707		725
Consolidated	$	11,656	$	5,084	$	5,140


	Net Sales by Geographic Area
(DOLLARS IN MILLIONS)	2021		2020		2019
Net sales related to the U.S.	$	3,211	$	1,093	$	1,053
Net sales attributed to all foreign countries	8,445		3,991		4,087

Stock Compensation Plans - Purchased Restricted Stock Plan - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
PRSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issued Shares (in shares)	61,870	66,160	61,991
Aggregate Purchase Price	$ 9	$ 9	$ 9
Total fair value of vested	$ 44
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Covered Shares (in shares)	30,935	33,080	30,996
Total fair value of vested	$ 13
Unrecognized compensation cost related to non-vested stock options and SSAR, RSU, PRS and Cash RSU awards granted	$ 5
Unrecognized compensation cost related to non-vested stock options and SSAR, RSU, PRS and Cash RSU awards granted, weighted average period, in years	2 years

Net Income Per Share - TEU (Details) - USD ($) $ / shares in Units, $ in Millions			12 Months Ended
	Sep. 15, 2021	Sep. 17, 2018	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Tangible equity units issued		16,500,000
Tangible equity units proceeds		$ 800
Price for basic share (in dollars per share)			$ 0.330911	$ 0.313400
Price for diluted share (usd per share)			$ 0.330911	$ 0.383900
Stock Issued During Period, Shares, Issued for Services	5,460,031

Assets Held For Sale (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Assets and Liabilities Held for Sale

Included in the Company's Consolidated Balance Sheets as of December 31, 2021 are the following carrying amounts of the assets and liabilities held for sale:


(DOLLARS IN MILLIONS)	December 31, 2021
Assets
Trade receivables, net	$	63
Inventories	125
Property, plant and equipment, net	30
Goodwill	536
Other intangible assets, net	349
Operating lease right-of-use assets	5
Other assets	14
Total assets held-for-sale	$	1,122
Liabilities
Accounts payable	$	69
Deferred tax liability	24
Other liabilities	8
Total liabilities held-for-sale	$	101

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-Section 50
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Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760

+ Details

Stock Compensation Plans - SSAR's and Stock Option - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, granted	0	0	0
SSAR's [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual term, in years	7 years
Shares granted (in shares)		0
Unrecognized compensation cost related to non-vested stock options and SSAR, RSU, PRS and Cash RSU awards granted	$ 1
Unrecognized compensation cost related to non-vested stock options and SSAR, RSU, PRS and Cash RSU awards granted, weighted average period, in years	2 years
SSAR's and Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average exercise price, exercisable (USD per share)	$ 109.77	$ 118.10	$ 118.10
SSAR's and Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Intrinsic value of options/SSAR's exercised	$ 3

Property, Plant and Equipment, Net - Schedule of Property, Plant and Equipment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 6,161	$ 2,928
Accumulated depreciation	(1,793)	(1,470)
Property, plant and equipment, net	4,368	1,458
Depreciation expense	424	132	$ 130
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	223	84
Buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,764	932
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,442	1,525
Information technology [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	271	251
Construction in process [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 461	$ 136

Stock Compensation Plans - SSAR's and Stock Option Activity (Detail) - SSAR's and Stock Options [Member] - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Shares Subject to SSARs/Options
Beginning balance (in shares)	42
Granted (in shares)	3
Exercised (in shares)	(90)
Cancelled (in shares)	(9)
Assumed (in shares)	341
Ending balance (in shares)	287	42
Weighted Average Exercise Price
Beginning balance (in dollars per share)	$ 135.01
Granted (in dollars per share)	144.67
Exercised (in dollars per share)	110.28
Cancelled (in dollars per share)	101.19
Assumed (in dollars per share)
Ending balance (in dollars per share)	$ 107.48	$ 135.01
SSARs/ Options Exercisable (in shares)	235	1
Expected to Vest (in shares)	44
Expected to Vest (in dollars per share)	$ 95.94

Financial Instruments - Derivative Instruments Measured at Fair Value (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Liabilities	$ 7	$ 29
Foreign Currency Contracts [Member]
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Assets	0	1
Total Fair Value, Derivative Liabilities	2	6
Currency Swap [Member]
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Liabilities	5	23
Fair Value of Derivatives Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Liabilities	5	29
Fair Value of Derivatives Designated as Hedging Instrument [Member] \| Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Liabilities	5
Fair Value of Derivatives Designated as Hedging Instrument [Member] \| Foreign Currency Contracts [Member]
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Assets	0	0
Total Fair Value, Derivative Liabilities	0	6
Fair Value of Derivatives Designated as Hedging Instrument [Member] \| Currency Swap [Member]
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Liabilities	5	23
Fair Value of Derivatives Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Liabilities	2	0
Fair Value of Derivatives Not Designated as Hedging Instrument [Member] \| Foreign Currency Contracts [Member]
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Assets	0	1
Total Fair Value, Derivative Liabilities	2	0
Fair Value of Derivatives Not Designated as Hedging Instrument [Member] \| Currency Swap [Member]
Derivatives, Fair Value [Line Items]
Total Fair Value, Derivative Liabilities	$ 0	$ 0

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Employee and retiree benefits	$ 148	$ 108
Credit and net operating loss carryforwards	312	271
Intangible assets	0	10
Deferred Tax Assets, in Process Research and Development	42	30
Gain on foreign currency translation	0	46
Interest limitation	43	51
Inventory	32	14
Deferred Tax Asset Lease Obligations	189	53
Other, net	79	23
Gross deferred tax assets	845	606
Property, plant and equipment, net	(265)	(60)
Intangible assets	(2,486)	(586)
Deferred Tax Liabilities, Right of Use Assets	(187)	(53)
Loss on foreign currency translation	(30)	0
Deferred taxes on deemed repatriation	(81)	(46)
Gross deferred tax liabilities	(3,049)	(745)
Valuation allowance	(232)	(257)
Total net deferred tax liabilities	$ (2,436)	$ (396)

Other Assets And Liabilities, Current and Noncurrent - Schedule of Other Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Other Assets [Abstract]
Value-added tax receivable	$ 178	$ 93
Income tax receivable	131	100
Prepaid expenses	288	100
Accounts and Other Receivables, Net, Current	131	49
Other Assets, Current	728	342
Operating Lease, Right-of-Use Asset	767	299
Finance lease right-of-use assets	21	8
Deferred income taxes	82	197
Overfunded pension plans	136	101
Cash surrender value of life insurance contracts	52	49
Other	239	58
Total	616	418
Equity Method Investments	$ 86	$ 5

Goodwill and Other Intangible Assets, Net - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Nov. 30, 2021
Goodwill [Line Items]
Goodwill, period increase (decrease)	$ 0.0	$ 0.0
Nourish
Goodwill [Line Items]
Goodwill, period increase (decrease)	985.0	85.0
Reporting unit in excess of carrying amount			62.00%
Scent [Member]
Goodwill [Line Items]
Goodwill, period increase (decrease)	(257.0)	(85.0)
Health & Biosciences
Goodwill [Line Items]
Goodwill, period increase (decrease)	(728.0)	0.0
Reporting unit in excess of carrying amount			44.00%
Pharma Solutions
Goodwill [Line Items]
Goodwill, period increase (decrease)	$ 0.0	$ 0.0
Reporting unit in excess of carrying amount			29.00%

Employee Benefits - Accumulated Benefit Obligation (Detail) - Pension Plan [Member] - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
U.S Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated Benefit Obligation — end of year	$ 654	$ 680
Projected benefit obligation	63	60
Accumulated benefit obligation	62	60
Fair value of plan assets	$ 0	$ 2
Discount rate	2.86%	2.51%
Rate of compensation increase	3.25%	3.25%
Non-U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated Benefit Obligation — end of year	$ 1,410	$ 1,243
Projected benefit obligation	944	813
Accumulated benefit obligation	330	762
Fair value of plan assets	$ 840	$ 617
Discount rate	1.43%	0.85%
Rate of compensation increase	2.72%	2.55%

Stock Compensation Plans - Restricted Stock Units Plan - Additional Information (Detail) - RSU's [Member] $ in Millions	12 Months Ended
	Dec. 31, 2021 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	100.00%
Vesting period, in years	3 years
Total fair value of vested	$ 44
Unrecognized compensation cost related to non-vested stock options and SSAR, RSU, PRS and Cash RSU awards granted	$ 42
Unrecognized compensation cost related to non-vested stock options and SSAR, RSU, PRS and Cash RSU awards granted, weighted average period, in years	2 years

CONSOLIDATED STATEMENT OF SHAREHOLDERS EQUITY (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Stockholders' Equity [Abstract]
Tax effect of pension liability and postretirement adjustment	$ (4)	$ (9)	$ (8)
Cash dividends declared, per share	$ 3.12	$ 3.04	$ 2.96
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax	$ (1)	$ 1	$ (1)

Tangible Equity Units (Details) - USD ($)		12 Months Ended
Tangible Equity Units (Details) - USD ($)	Sep. 17, 2018	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Tangible equity units issued	16,500,000
Stated rate	6.00%
Price per unit	$ 50
Tangible equity units proceeds	$ 800,000,000
Less: Issuance costs	25,000,000
Fair Value per TEU	$ 50
Quarterly installments	$ 0.75
Initial installment	$ 0.7333
Interest and partial repayment of principal	3.79%
Price for basic share (in dollars per share)		$ 0.330911	$ 0.313400

Stock Compensation Plans - Additional Information (Detail) - USD ($) $ in Millions		1 Months Ended			12 Months Ended
	Feb. 01, 2021	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares subject to outstanding awards (in shares)					1,601,749
Shares remaining available for future awards (in shares)					2,631,269
Target payout, cycle					3 years
Total stock-based compensation					$ 62	$ 40	$ 38
Nutrition & Biosciences, Inc [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Business acquisition, equity interest issued or issuable, number of shares	141,740,461
Equity Issued in Business Combination, Fair Value Disclosure	$ 25
Total stock-based compensation					$ 3
Business Acquisition, Post-Combination Service Period					3 years
Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, in years					3 years
Target payout percentage, cash					50.00%
Target payout percentage, stock					50.00%
2017 - 2019 Cycle [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation, shares (in shares)				14,579
2018-2020 Cycle [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation, shares (in shares)			7,484
Two Thousand Twenty-One Plan [Domain]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for issuance (in shares)					2,290,000
Two Thousand Eight To Two Thousand Twenty-One Cycle
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target dollar value of the award converted to a number of notional shares					50.00%
Two Thousand Nineteen To Two Thousand Twenty-One Cycle \| Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation, shares (in shares)		0
RSU's [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, in years					3 years
RSU's [Member] \| Nutrition & Biosciences, Inc [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Business acquisition, equity interest issued or issuable, number of shares	258,572
SSAR's [Member] \| Nutrition & Biosciences, Inc [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Business acquisition, equity interest issued or issuable, number of shares	5,816
Share-based Payment Arrangement, Option \| Nutrition & Biosciences, Inc [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Business acquisition, equity interest issued or issuable, number of shares	335,347
Each twelve-month period [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage					25.00%
Full three-year period [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage					25.00%

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Taxes [Line Items]
Global Intangible Low-Taxed Income Expense	$ 15,000,000
U.S. federal tax rate	21.00%	21.00%	21.00%
Dividend deduction percentage	100.00%
Valuation allowance	$ 232,000,000	$ 257,000,000
Operating loss carryforwards	312,000,000	271,000,000
Deferred tax asset	312,000,000
Valuation allowance for net operating loss carryforwards	230,000,000
Reduction in accrual for interest and penalties	19,000,000	3,000,000	$ 11,000,000
Unrecognized tax benefits, including interest	166,000,000
Tax Credit Carryforward, Valuation Allowance	2,000,000
Deferred Tax Liabilities, Deemed Repatriation	81,000,000	46,000,000
Other liabilities [Member]
Income Taxes [Line Items]
Unrecognized tax benefits that would impact effective tax rate	130,000,000	98,000,000	74,000,000
Other Current Liabilities [Member]
Income Taxes [Line Items]
Unrecognized tax benefits that would impact effective tax rate	1,000,000	1,000,000	1,000,000
2018 to 2037 [Member]
Income Taxes [Line Items]
Operating loss carryforwards	272,000,000	246,000,000
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	105,000,000
Tax credit carryforwards	40,000,000	28,000,000
Indefinite [Member]
Income Taxes [Line Items]
Operating loss carryforwards	167,000,000
Other Liabilities [Member]
Income Taxes [Line Items]
Accrued interest and penalties	36,000,000	17,000,000	14,000,000
Other Current Liabilities [Member]
Income Taxes [Line Items]
Accrued interest and penalties	1,000,000	$ 1,000,000	$ 0
State and Local Jurisdiction [Member]
Income Taxes [Line Items]
Valuation allowance	2,000,000
Domestic Tax Authority [Member]
Income Taxes [Line Items]
Deferred Tax Liabilities, Deemed Repatriation	81,000,000
Foreign Tax Authority [Member]
Income Taxes [Line Items]
Deferred Tax Liabilities, Deemed Repatriation	$ 0

Tangible Equity Units

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Shareholders' Equity

SHAREHOLDERS’ EQUITY

Dividends

Cash dividends declared per share were $3.12, $3.04 and $2.96 for the years ended December 31, 2021, 2020 and 2019, respectively. The Consolidated Balance Sheets reflect $201 million of dividends payable at December 31, 2021. This amount relates to a cash dividend of $0.79 per share declared in December 2021 and paid in January 2022. Dividends declared, but not paid as of December 31, 2020 and December 31, 2019 were $82 million ($0.77 per share) and $80 million ($0.75 per share), respectively.

Share Repurchases

In December 2012, the Board of Directors authorized a $250 million share repurchase program, which commenced in the first quarter of 2013. In August 2015, the Board of Directors approved an additional $250 million share repurchase authorization and extension through December 31, 2017. Based on the total remaining amount of $56 million available under the amended repurchase program as of October 31, 2017, the Board of Directors re-approved on November 1, 2017 a $250 million share repurchase authorization and extension for a total value of $300 million available under the program, which expires on November 1, 2022.

Based on the total remaining amount of $280 million available under the repurchase program, 1,856,397 shares, or 0.8% of shares outstanding (based on the market price and weighted average shares outstanding as of December 31, 2021) could be repurchased under the program as of December 31, 2021.

As of May 7, 2018, the Company has suspended its share repurchases.

Tangible Equity Units

TANGIBLE EQUITY UNITS

On September 17, 2018, the Company issued and sold 16,500,000, 6.00% tangible equity units (“TEUs”) at $50 per unit and received proceeds of approximately $800 million, net of discounts and issuance costs of approximately $25 million. Each TEU is comprised of: (i) a prepaid SPC to be settled by delivery of a specified number of shares of the Company's common stock, and (ii) a senior amortizing note (“Amortizing Note”), with an initial principal amount of $8.45 and a final installment payment date of September 15, 2021. The Company paid equal quarterly cash installments of $0.75 per Amortizing Note on March 15, June 15, September 15, and December 15 of each year, with the exception of the first installment payment of $0.7333 per Amortizing Note which was due on December 15, 2018. In the aggregate, the annual quarterly cash installments will be equivalent to 6.00% per year. Each installment payment constitutes a payment of interest and a partial repayment of principal, computed at an annual rate of 3.79%. Each TEU may be separated by a holder into its constituent SPC and Amortizing Note after the initial issuance date of the TEUs, and the separate components may be combined to create a TEU after the initial issuance date, in accordance with the terms of the SPC. The TEUs were listed on the New York Stock Exchange under the symbol “IFFT”.

The proceeds from the issuance of the TEUs were allocated to equity and debt based on the relative fair value of the respective components of each TEU as follows:


(DOLLARS IN MILLIONS, EXCEPT FAIR VALUE PER TEU)	SPC		Amortizing Note		Total
Fair Value per TEU	$	42	$	8	$	50

Gross Proceeds	$	686	$	139	$	825
Less: Issuance costs	21		4		25
Net Proceeds	$	665	$	135	$	800

The net proceeds of the SPCs were recorded as additional paid in capital, net of issuance costs. The net proceeds of the Amortizing Notes were recorded as debt, with deferred financing costs recorded as a reduction of the carrying amount of the debt in the Company's Consolidated Balance Sheets. Deferred financing costs related to the Amortizing Notes are amortized through the maturity date using the effective interest rate method.

On September 14, 2021, the Company notified holders of the TEUs that the final settlement rate in respect of each SPC was 0.330911 shares of IFF's common stock. On September 15, 2021, 5,460,031 shares of IFF's common stock were issued in settlement of the SPCs. The SPC conversion factor was based on the 20 day volume-weighted average price (“VWAP”) per share of the Company’s common stock as follows:


VWAP of IFF Common Stock						Common Stock Issued
Equal to or greater than $159.54						0.3134 shares (minimum settlement rate)
Less than $159.54, but greater than $130.25						$50 divided by VWAP
Less than or equal to $130.25						0.3839 shares (maximum settlement rate)

- Definition

+ References

+ Details

Employee Benefits - Fair Value Hierarchy of Plan Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
U.S Plans [Member] \| Level 3 [Member] \| Fair Value Of Plan Assets Before Receivables [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0
U.S Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	649	$ 678	$ 602
U.S Plans [Member] \| Pension Plan [Member] \| Receivables [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1
U.S Plans [Member] \| Pension Plan [Member] \| Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	294	201
U.S Plans [Member] \| Pension Plan [Member] \| Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	253	343
U.S Plans [Member] \| Pension Plan [Member] \| Fair Value, Inputs, Level 1, 2 and 3 [Member] \| Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5	4
U.S Plans [Member] \| Pension Plan [Member] \| Fair Value, Inputs, Level 1, 2 and 3 [Member] \| Government & Government Agency Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	15	19
U.S Plans [Member] \| Pension Plan [Member] \| Fair Value, Inputs, Level 1, 2 and 3 [Member] \| Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	77	104
U.S Plans [Member] \| Pension Plan [Member] \| Fair Value, Inputs, Level 1, 2 and 3 [Member] \| Municipal Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4	6
U.S Plans [Member] \| Pension Plan [Member] \| Fair Value, Inputs, Level 1, 2 and 3 [Member] \| Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	547	544
U.S Plans [Member] \| Pension Plan [Member] \| Fair Value, Inputs, Level 1, 2 and 3 [Member] \| Fair Value Of Plan Assets Before Receivables [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	648	677
U.S Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Government & Government Agency Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Municipal Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Fair Value Of Plan Assets Before Receivables [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5	4
U.S Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Government & Government Agency Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	15	19
U.S Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	77	104
U.S Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Municipal Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4	6
U.S Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Fair Value Of Plan Assets Before Receivables [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	101	133
U.S Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Government & Government Agency Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Municipal Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Fair Value Of Plan Assets Before Receivables [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		0
Non-U.S. Plans [Member] \| Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,320	1,145	$ 1,005
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	73	32
Non-U.S. Plans [Member] \| Pension Plan [Member] \| U.S. Large Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	100	65
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Non-U.S. Large Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	104	26
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Non-U.S. Mid Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Non-U.S. Small Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Emerging Markets [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	30	25
Non-U.S. Plans [Member] \| Pension Plan [Member] \| U S Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	42	43
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Non-U.S. Treasuries/Government Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	162	163
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Non-U.S. Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	195	173
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Non-U.S. Asset-Backed Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	51	51
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Non-U.S. Other Fixed Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2	3
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Insurance Contracts [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	265	247
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Derivative [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	91	91
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Absolute Return Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	114	97
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	12	33
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Non-U.S. Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	77	94
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Fair Value, Inputs, Level 1, 2 and 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,320	1,145
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	546	338
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	37	13
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| U.S. Large Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	100	57
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Non-U.S. Large Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	104	26
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Non-U.S. Mid Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Non-U.S. Small Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Emerging Markets [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	30	25
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| U S Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	42	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Non-U.S. Treasuries/Government Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	162	163
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Non-U.S. Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	58	34
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Non-U.S. Asset-Backed Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Non-U.S. Other Fixed Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2	3
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Insurance Contracts [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Derivative [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Absolute Return Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4	4
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	11
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 1 [Member] \| Non-U.S. Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	692	694
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	36	19
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| U.S. Large Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	8
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Non-U.S. Large Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Non-U.S. Mid Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Non-U.S. Small Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Emerging Markets [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| U S Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	43
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Non-U.S. Treasuries/Government Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Non-U.S. Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	137	139
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Non-U.S. Asset-Backed Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	51	51
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Non-U.S. Other Fixed Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Insurance Contracts [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	265	247
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Derivative [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	91	91
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Absolute Return Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	110	93
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2	3
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 2 [Member] \| Non-U.S. Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	82	113
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| U.S. Large Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Non-U.S. Large Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Non-U.S. Mid Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Non-U.S. Small Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Emerging Markets [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| U S Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Non-U.S. Treasuries/Government Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Non-U.S. Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Non-U.S. Asset-Backed Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Non-U.S. Other Fixed Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Insurance Contracts [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Derivative [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Absolute Return Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	10	19
Non-U.S. Plans [Member] \| Pension Plan [Member] \| Level 3 [Member] \| Non-U.S. Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 72	$ 94