INTERNATIONAL FLAVORS & FRAGRANCES INC
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 27, 2026
IFF$83.17-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| (AMOUNTS IN MILLIONS EXCEPT PER SHARE AMOUNTS) | 2025 | 2024 |
| ASSETS | ||
| Current Assets: | ||
| Cash, cash equivalents, and restricted cash | $590 | $469 |
| Trade receivables (net of allowances of $27 and $26, respectively) | 1,731 | 1,624 |
| Inventories | 2,245 | 2,133 |
| Assets held for sale | 151 | 3,056 |
| Prepaid expenses and other current assets | 877 | 686 |
| Total Current Assets | 5,594 | 7,968 |
| Property, plant and equipment, net | 4,029 | 3,739 |
| Goodwill | 8,269 | 9,075 |
| Other intangible assets, net | 6,043 | 6,445 |
| Operating lease right-of-use assets | 579 | 589 |
| Other assets | 1,025 | 907 |
| Total Assets | $25,539 | $28,723 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Short-term debt and current portion of long-term debt | $1,254 | $1,413 |
| Accounts payable | 1,287 | 1,283 |
| Accrued payroll and bonus | 327 | 420 |
| Dividends payable | 102 | 102 |
| Liabilities held for sale | 44 | 332 |
| Other current liabilities | 919 | 802 |
| Total Current Liabilities | 3,933 | 4,352 |
| Other Liabilities: | ||
| Long-term debt | 4,740 | 7,564 |
| Retirement liabilities | 186 | 167 |
| Deferred income taxes | 1,379 | 1,594 |
| Operating lease liabilities | 533 | 550 |
| Other liabilities | 582 | 627 |
| Total Other Liabilities | 7,420 | 10,502 |
| Commitments and Contingencies (Note 21) | ||
| Shareholders’ Equity: | ||
| Common stock $0.125 par value; 500.0 shares authorized; 275.7 and 275.7 shares issued as of December 31, 2025 and December 31, 2024, respectively; and 255.7 and 255.7 shares outstanding as of December 31, 2025 and December 31, 2024, respectively | 35 | 35 |
| Capital in excess of par value | 19,918 | 19,917 |
| Accumulated deficit | (3,417) | (2,647) |
| Accumulated other comprehensive loss | (1,430) | (2,527) |
| Treasury stock, at cost (20.0 and 20.0 shares as of December 31, 2025 and December 31, 2024, respectively) | (952) | (944) |
| Total Shareholders’ Equity | 14,154 | 13,834 |
| Non-controlling interest | 32 | 35 |
| Total Shareholders’ Equity including non-controlling interest | 14,186 | 13,869 |
| Total Liabilities and Shareholders’ Equity | $25,539 | $28,723 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.