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Net Income Per Share (Tables) | 3 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Reconciliation of Shares Used in Computation of Basic and Diluted Net Income Per Share | A reconciliation of the shares used in the computation of basic and diluted net (loss) income per share is as follows:
| Three Months Ended March 31, |  |
(AMOUNTS IN MILLIONS EXCEPT PER SHARE AMOUNTS) | 2021 |  | 2020 |  |  |  |
Net (Loss) Income |  |  |  |  |  |  |
Net (loss) income attributable to IFF stockholders | $ | (42) |  |  | $ | 124 |  |  |  |  |
Adjustment related to (increase) decrease in redemption value of redeemable noncontrolling interests in excess of earnings allocated | (1) |  |  | 6 |  |  |  |  |
Net (loss) income available to IFF stockholders | $ | (43) |  |  | $ | 130 |  |  |  |  |
Shares |  |  |  |  |  |  |
Weighted average common shares outstanding (basic)(1) | 206 |  |  | 112 |  |  |  |  |
Adjustment for assumed dilution(2): |  |  |  |  |  |  |
SPC portion of TEUs | — |  |  | 1 |  |  |  |  |
Weighted average shares assuming dilution (diluted) | 206 |  |  | 113 |  |  |  |  |
Net (Loss) Income per Share (3) |  |  |  |  |  |  |
Net (loss) income per share - basic | $ | (0.21) |  |  | $ | 1.16 |  |  |  |  |
Net (loss) income per share - diluted | (0.21) |  |  | 1.15 |  |  |  |  |
_______________________ (1)For the three months ended March 31, 2021 and 2020, the tangible equity units (“TEUs”) were assumed to be outstanding at the minimum settlement amount for basic earnings per share. See below for details. (2)Effect of dilutive securities includes dilution under stock plans and incremental impact of TEUs. See below for details. (3)Diluted net (loss) income per share attributable to IFF for the three months ended March 31, 2021 excluded one million potentially dilutive securities because there was a net loss attributable to IFF for the period and, as such, the inclusion of these securities would have been anti-dilutive.

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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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