$IFF
INTERNATIONAL FLAVORS & FRAGRANCES INC

2015 Q1 Form 10-Q Financial Statement

#000005125315000008 Filed on May 12, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $774.9M $770.2M
YoY Change 0.61% 5.82%
Cost Of Revenue $428.6M $428.8M
YoY Change -0.04% 2.96%
Gross Profit $346.3M $341.4M
YoY Change 1.42% 9.65%
Gross Profit Margin 44.69% 44.33%
Selling, General & Admin $119.0M $123.7M
YoY Change -3.83% 7.92%
% of Gross Profit 34.36% 36.24%
Research & Development $63.46M $61.50M
YoY Change 3.18% 4.07%
% of Gross Profit 18.33% 18.01%
Depreciation & Amortization $19.99M $22.83M
YoY Change -12.46% 17.65%
% of Gross Profit 5.77% 6.69%
Operating Expenses $182.5M $185.2M
YoY Change -1.5% 6.61%
Operating Profit $161.8M $156.1M
YoY Change 3.68% 13.41%
Interest Expense $11.10M $11.68M
YoY Change -4.98% 4.71%
% of Operating Profit 6.86% 7.48%
Other Income/Expense, Net $5.710M -$1.443M
YoY Change -495.7% -234.99%
Pretax Income $156.4M $142.9M
YoY Change 9.43% 12.08%
Income Tax $28.15M $36.23M
% Of Pretax Income 18.0% 25.34%
Net Earnings $128.3M $106.7M
YoY Change 20.2% 17.65%
Net Earnings / Revenue 16.55% 13.85%
Basic Earnings Per Share $1.58 $1.31
Diluted Earnings Per Share $1.57 $1.30
COMMON SHARES
Basic Shares Outstanding 80.65M shares 81.05M shares
Diluted Shares Outstanding 81.20M shares 81.73M shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $444.0M $269.0M
YoY Change 65.06% -10.33%
Cash & Equivalents $443.7M $268.6M
Short-Term Investments
Other Short-Term Assets $232.6M $144.1M
YoY Change 61.42% 3.68%
Inventory $536.5M $552.1M
Prepaid Expenses
Receivables $525.0M $575.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.755B $1.570B
YoY Change 11.8% 2.29%
LONG-TERM ASSETS
Property, Plant & Equipment $692.0M $696.2M
YoY Change -0.61% 7.96%
Goodwill $675.5M $10.00M
YoY Change 6654.84% -98.5%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $130.9M $141.1M
YoY Change -7.21% -14.38%
Total Long-Term Assets $1.752B $1.752B
YoY Change 0.03% 5.14%
TOTAL ASSETS
Total Short-Term Assets $1.755B $1.570B
Total Long-Term Assets $1.752B $1.752B
Total Assets $3.507B $3.321B
YoY Change 5.59% 3.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $215.9M $209.0M
YoY Change 3.31% 31.14%
Accrued Expenses $41.00M $46.00M
YoY Change -10.87% 21.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $8.379M $2.291M
YoY Change 265.74% -97.71%
Total Short-Term Liabilities $487.3M $484.5M
YoY Change 0.57% -10.31%
LONG-TERM LIABILITIES
Long-Term Debt $935.2M $931.6M
YoY Change 0.38% 1.73%
Other Long-Term Liabilities $113.0M $105.3M
YoY Change 7.31% 13.45%
Total Long-Term Liabilities $1.448B $1.316B
YoY Change 10.02% -2.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $487.3M $484.5M
Total Long-Term Liabilities $1.448B $1.316B
Total Liabilities $1.935B $1.800B
YoY Change 7.48% -4.72%
SHAREHOLDERS EQUITY
Retained Earnings $3.441B $3.151B
YoY Change 9.22% 8.49%
Common Stock $150.1M $146.5M
YoY Change 2.48% 4.66%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.450B $1.383B
YoY Change 4.85% 3.31%
Treasury Stock Shares
Shareholders Equity $1.567B $1.517B
YoY Change
Total Liabilities & Shareholders Equity $3.507B $3.321B
YoY Change 5.59% 3.77%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income $128.3M $106.7M
YoY Change 20.2% 17.65%
Depreciation, Depletion And Amortization $19.99M $22.83M
YoY Change -12.46% 17.65%
Cash From Operating Activities $31.48M $34.99M
YoY Change -10.05% 86.94%
INVESTING ACTIVITIES
Capital Expenditures $19.38M $33.84M
YoY Change -42.72% 13.31%
Acquisitions $0.00 $102.4M
YoY Change -100.0%
Other Investing Activities $1.500M -$88.50M
YoY Change -101.69% -6000.0%
Cash From Investing Activities -$17.93M -$122.4M
YoY Change -85.35% 331.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $10.66M $20.12M
YoY Change -47.02% 41.29%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$39.54M -$49.33M
YoY Change -19.84% 315.22%
NET CHANGE
Cash From Operating Activities $31.48M $34.99M
Cash From Investing Activities -$17.93M -$122.4M
Cash From Financing Activities -$39.54M -$49.33M
Net Change In Cash -$26.00M -$136.7M
YoY Change -80.98% 535.93%
FREE CASH FLOW
Cash From Operating Activities $31.48M $34.99M
Capital Expenditures $19.38M $33.84M
Free Cash Flow $12.10M $1.157M
YoY Change 945.38% -110.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q1 dei Amendment Flag
AmendmentFlag
false
CY2015Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2015Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015Q1 dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
CY2015Q1 dei Document Type
DocumentType
10-Q
CY2015Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000051253
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
80886358 shares
CY2015Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2015Q1 dei Entity Registrant Name
EntityRegistrantName
INTERNATIONAL FLAVORS & FRAGRANCES INC
CY2015Q1 iff Amount Of Available Lines Of Credit
AmountOfAvailableLinesOfCredit
74500000 USD
CY2015Q1 iff Bank Guarantees And Pledged Assets To Pursue Defenses Related To Other Contingencies
BankGuaranteesAndPledgedAssetsToPursueDefensesRelatedToOtherContingencies
31900000 USD
CY2015Q1 iff Bank Guarantees Related To Appeals On Income Tax And Indirect Tax Cases
BankGuaranteesRelatedToAppealsOnIncomeTaxAndIndirectTaxCases
16400000 USD
CY2014Q1 iff Business Combination Contingent Consideration Heldin Escrow
BusinessCombinationContingentConsiderationHeldinEscrow
15000000 USD
CY2014Q4 iff Deferredgain
DEFERREDGAIN
46535000 USD
CY2015Q1 iff Deferredgain
DEFERREDGAIN
45815000 USD
CY2015Q1 iff Duration As Potentially Responsible Party
DurationAsPotentiallyResponsibleParty
P20Y
CY2015Q1 iff Number Of Facilities Under Potentially Responsible Party Investigation
NumberOfFacilitiesUnderPotentiallyResponsiblePartyInvestigation
8 property
CY2014Q1 iff Operational Improvement Initiative Costs
OperationalImprovementInitiativeCosts
2619000 USD
CY2015Q1 iff Operational Improvement Initiative Costs
OperationalImprovementInitiativeCosts
281000 USD
CY2014Q1 iff Proceeds From Termination Of Life Insurance Contracts
ProceedsFromTerminationOfLifeInsuranceContracts
12308000 USD
CY2015Q1 iff Proceeds From Termination Of Life Insurance Contracts
ProceedsFromTerminationOfLifeInsuranceContracts
0 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
229866000 USD
CY2015Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
215915000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1046478000 USD
CY2015Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1021261000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-392711000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-397282000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-540430000 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-573315000 USD
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
140008000 USD
CY2015Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
135619000 USD
CY2014Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5940000 USD
CY2015Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7294000 USD
CY2014Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
4214000 USD
CY2015Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
5107000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
9147000 USD
CY2015Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7795000 USD
CY2014Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1200000 USD
CY2015Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1800000 USD
CY2014Q4 us-gaap Assets
Assets
3494621000 USD
CY2015Q1 us-gaap Assets
Assets
3507172000 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
1710027000 USD
CY2015Q1 us-gaap Assets Current
AssetsCurrent
1755110000 USD
CY2014Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2015Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
500000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
405505000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
268584000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
478573000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
443689000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-136921000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-34884000 USD
CY2015Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
15200000 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.39
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.47
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.125
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.125
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
115858190 shares
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
115858190 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
80777590 shares
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
80761617 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
14470000 USD
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
14470000 USD
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
102136000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
95373000 USD
CY2014Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
428812000 USD
CY2015Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
428630000 USD
CY2014Q4 us-gaap Debt Current
DebtCurrent
8090000 USD
CY2015Q1 us-gaap Debt Current
DebtCurrent
8379000 USD
CY2014Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8246000 USD
CY2015Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13932000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
27709000 USD
CY2015Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
17127000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
183047000 USD
CY2015Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
178948000 USD
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22830000 USD
CY2015Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19985000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
21718000 USD
CY2015Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
52341000 USD
CY2015Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
10555000 USD
CY2014Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-822000 USD
CY2015Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
954000 USD
CY2014Q1 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
85000 USD
CY2015Q1 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
16644000 USD
CY2014Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
37968000 USD
CY2015Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
37959000 USD
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.31
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.58
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.30
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.57
CY2014Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-228000 USD
CY2015Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-8887000 USD
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
71264000 USD
CY2015Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
41350000 USD
CY2014Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1726000 USD
CY2015Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2187000 USD
CY2014Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
315000 USD
CY2015Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
8597000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
142119000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
143959000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
6500000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7200000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
6500000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7500000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7500000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7500000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
218676000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
218676000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
76557000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
74717000 USD
CY2014Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
811000 USD
CY2015Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-34000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
675484000 USD
CY2015Q1 us-gaap Goodwill
Goodwill
675484000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
341412000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
346277000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
142933000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
156408000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36226000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28150000 USD
CY2015Q1 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
10500000 USD
CY2014Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
18681000 USD
CY2015Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
20634000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-11989000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3061000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
41569000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
62891000 USD
CY2014Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-62282000 USD
CY2015Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-27675000 USD
CY2014Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
591000 USD
CY2015Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-13172000 USD
CY2014Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
1096000 USD
CY2015Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
20264000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-13977000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
21881000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
11677000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
11095000 USD
CY2014Q1 us-gaap Interest Paid
InterestPaid
20033000 USD
CY2015Q1 us-gaap Interest Paid
InterestPaid
19697000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
275863000 USD
CY2015Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
257841000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
568729000 USD
CY2015Q1 us-gaap Inventory Net
InventoryNet
536465000 USD
CY2014Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
275161000 USD
CY2015Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
258779000 USD
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
17705000 USD
CY2015Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
19845000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3494621000 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3507172000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
518808000 USD
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
487320000 USD
CY2014Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1453124000 USD
CY2015Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1447755000 USD
CY2015Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
16800000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
942322000 USD
CY2015Q1 us-gaap Long Term Debt
LongTermDebt
943549000 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
8090000 USD
CY2015Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
8379000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
934232000 USD
CY2015Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
935170000 USD
CY2015Q1 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
5000000 USD
CY2015Q1 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
31000000 USD
CY2015Q1 us-gaap Loss Contingency Range Of Possible Loss Minimum
LossContingencyRangeOfPossibleLossMinimum
0 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
4128000 USD
CY2015Q1 us-gaap Minority Interest
MinorityInterest
4780000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-49328000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-39542000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-122358000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17931000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
34993000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31476000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
106707000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
128258000 USD
CY2015Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
156053000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
161793000 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
141248000 USD
CY2015Q1 us-gaap Other Assets Current
OtherAssetsCurrent
232569000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
129238000 USD
CY2015Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
130905000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
1111000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
1166000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-9757000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-37478000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
460000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
12083000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9396000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-50515000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4571000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-32885000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-4365000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5547000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-821000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
954000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
7343000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
9144000 USD
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
171620000 USD
CY2015Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
183717000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
118024000 USD
CY2015Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
113022000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1443000 USD
CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5710000 USD
CY2014Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
700000 USD
CY2015Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
600000 USD
CY2014Q1 us-gaap Payments For Proceeds From Hedge Investing Activities
PaymentsForProceedsFromHedgeInvestingActivities
472000 USD
CY2015Q1 us-gaap Payments For Proceeds From Hedge Investing Activities
PaymentsForProceedsFromHedgeInvestingActivities
0 USD
CY2014Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20122000 USD
CY2015Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10660000 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
31743000 USD
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
37971000 USD
CY2014Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
102400000 USD
CY2015Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33836000 USD
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19381000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
354333000 USD
CY2015Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
353748000 USD
CY2014Q1 us-gaap Pension Contributions
PensionContributions
5316000 USD
CY2015Q1 us-gaap Pension Contributions
PensionContributions
54048000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
913000 USD
CY2015Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
227000 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
1309000 USD
CY2015Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
265000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Finance Receivables
ProceedsFromSaleOfFinanceReceivables
14300000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Finance Receivables
ProceedsFromSaleOfFinanceReceivables
6500000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2042000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1450000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1766746000 USD
CY2015Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1713269000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
720268000 USD
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
692008000 USD
CY2014Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
493768000 USD
CY2015Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
525260000 USD
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-5186000 USD
CY2015Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-4593000 USD
CY2014Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
61504000 USD
CY2015Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
63462000 USD
CY2014Q1 us-gaap Restructuring Charges
RestructuringCharges
122000 USD
CY2015Q1 us-gaap Restructuring Charges
RestructuringCharges
187000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3350734000 USD
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3441033000 USD
CY2014Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
770224000 USD
CY2015Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
774907000 USD
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
123733000 USD
CY2015Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
120835000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4695000 USD
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5387000 USD
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1500000 shares
CY2014Q4 us-gaap Shares Outstanding
SharesOutstanding
35080600 shares
CY2015Q1 us-gaap Shares Outstanding
SharesOutstanding
35096573 shares
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1518561000 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
1567317000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1522689000 USD
CY2015Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1572097000 USD
CY2015Q1 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
3500000
CY2015Q1 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
3800000 USD
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1446221000 USD
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
1450490000 USD
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
679000 shares
CY2015Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
541000 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81732000 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81195000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81053000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80654000 shares

Files In Submission

Name View Source Status
0000051253-15-000008-index-headers.html Edgar Link pending
0000051253-15-000008-index.html Edgar Link pending
0000051253-15-000008.txt Edgar Link pending
0000051253-15-000008-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
iff-20150331.xml Edgar Link completed
iff-20150331.xsd Edgar Link pending
iff-20150331_cal.xml Edgar Link unprocessable
iff-20150331_def.xml Edgar Link unprocessable
iff-20150331_lab.xml Edgar Link unprocessable
iff-20150331_pre.xml Edgar Link unprocessable
iff33115exhibit101.htm Edgar Link pending
iff33115exhibit102.htm Edgar Link pending
iff33115exhibit103.htm Edgar Link pending
iff33115exhibit104.htm Edgar Link pending
iff33115exhibit105.htm Edgar Link pending
iff33115exhibit106.htm Edgar Link pending
iff33115exhibit107.htm Edgar Link pending
iff33115exhibit108.htm Edgar Link pending
iff33115exhibit311.htm Edgar Link pending
iff33115exhibit312.htm Edgar Link pending
iff33115exhibit32.htm Edgar Link pending
iff3312015-10q.htm Edgar Link pending
iffexhibit32.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending