XML 46 R34.htm IDEA: XBRL DOCUMENT v3.22.4

Restructuring and Other Charges (Tables)

12 Months Ended

Dec. 31, 2022

Restructuring and Related Activities [Abstract]

Movements in Restructuring and Related Accruals

Movements in severance-related accruals during 2020, 2021 and 2022 are as follows:

(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

(DOLLARS IN MILLIONS)			Balance at January 1, 2022						Additional Charges (Reversals), Net						Non-Cash Charges						Cash Payments												Balance at December 31, 2022
Frutarom Integration Initiative
Severance			$	5					$	1					$	—					$	(2)											$	4
Fixed asset write down			—						3						(3)						—												—
Other(1)			3						(2)						—						(1)												—
2019 Severance Program
Severance			5						(5)						—						—												—
Other Restructuring Charges
Severance			1						—						—						—												1
N&B Merger Restructuring Liability
Severance			15						8						—						(14)												9
Other(3)			—						7						(2)						(4)												1
Total restructuring			$	29					$	12					$	(5)					$	(21)											$	15

_______________________

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

(2)Includes charges related to legal settlement costs.

(3)Includes lease impairment charges and losses incurred from restructuring activities as a result of the Merger with N&B.

Charges by Segment

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

			December 31,
(DOLLARS IN MILLIONS)			2022						2021						2020
Nourish			$	8					$	32					$	10
Health & Biosciences			2						5						—
Scent			1						3						7
Pharma Solutions			1						1						—
Total Restructuring and other charges			$	12					$	41					$	17

X

- References

No definition available.

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4(b)(2))
-URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

+ Details

Name:	us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration