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Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2024
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 income (loss) per share is as follows:
 Three Months Ended March 31,
(AMOUNTS IN MILLIONS EXCEPT PER SHARE AMOUNTS)20242023
Net Income (Loss)
Net income (loss) available to IFF shareholders$60 $(9)
Shares
Weighted average common shares outstanding (basic)255 255 
Adjustment for assumed dilution:
Stock options and restricted stock awards— 
Weighted average shares assuming dilution (diluted)256 255 
Net Income (Loss) per Share
Net income (loss) per share - basic(1)
$0.23 $(0.04)
Net income (loss) per share - diluted0.23 (0.04)
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(1)For the three months ended March 31, 2024, the basic net income per share cannot be recalculated based on the information presented in the table above due to rounding.