XML 65 R48.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
Lease Costs | The components of lease expense were as follows:
| December 31,
(DOLLARS IN MILLIONS) | 2024 |  | 2023 |  | 2022
Operating leases |  |  |  |  |
Operating lease cost | $ | 126 |  |  | $ | 137 |  |  | $ | 134 |
Variable lease cost | 58 |  |  | 56 |  |  | 53 |
Total operating lease cost | $ | 184 |  |  | $ | 193 |  |  | $ | 187 |
Finance leases |  |  |  |  |
Finance lease cost | $ | 12 |  |  | $ | 10 |  |  | $ | 8 |
Supplemental cash flow information related to leases was as follows:
| December 31,
(DOLLARS IN MILLIONS) | 2024 |  | 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |
Operating cash flows for operating leases | $ | 122 |  |  | $ | 122 |  |  | $ | 135 |
Operating cash flows for finance leases | 1 |  |  | 1 |  |  | — |
Financing cash flows for finance leases | 10 |  |  | 8 |  |  | 7 |
Right-of-use assets obtained in exchange for lease obligations |  |  |  |  |
Operating leases | 53 |  |  | 49 |  |  | 174 |
Finance leases | 16 |  |  | 22 |  |  | 7 |
Weighted average remaining lease term and discount rate were as follows:
| December 31,
| 2024 |  | 2023
Weighted average remaining lease term in years |  |  |
Operating leases | 9.5 |  | 9.9
Finance leases | 3.1 |  | 3.5
Weighted average discount rate |  |  |
Operating leases | 4.32 | % |  | 4.24 | %
Finance leases | 4.63 | % |  | 4.33 | %
Supplemental Balance Sheet Information | Supplemental balance sheet information related to leases was as follows:
| December 31,
(DOLLARS IN MILLIONS) | 2024 |  | 2023
Operating Leases |  |  |
Operating lease right-of-use assets | $ | 573 |  |  | $ | 689 |
Current operating lease obligations(2) | 82 |  |  | 85 |
Operating lease liabilities | 534 |  |  | 642 |
Total operating lease liabilities | $ | 616 |  |  | $ | 727 |
Finance Leases |  |  |
Finance lease right-of-use assets(1) | $ | 27 |  |  | $ | 26 |
Current finance lease obligations(2) | 10 |  |  | 7 |
Finance lease liabilities(3) | 18 |  |  | 18 |
Total finance lease liabilities | $ | 28 |  |  | $ | 25 |
_______________________ (1)Presented in Other assets on the Consolidated Balance Sheets. (2)Presented in Other current liabilities on the Consolidated Balance Sheets. (3)Presented in Other liabilities on the Consolidated Balance Sheets.
Lessee, Operating Lease, Liability, Maturity | Maturities of lease liabilities as of December 31, 2024 were as follows:
(DOLLARS IN MILLIONS) | Operating Leases |  | Finance Leases |  | Total
2025 | $ | 106 |  |  | $ | 11 |  |  | $ | 117 |
2026 | 96 |  |  | 10 |  |  | 106 |
2027 | 84 |  |  | 6 |  |  | 90 |
2028 | 74 |  |  | 2 |  |  | 76 |
2029 | 64 |  |  | 1 |  |  | 65 |
Thereafter | 328 |  |  | — |  |  | 328 |
Total undiscounted liabilities | 752 |  |  | 30 |  |  | 782 |
Less: Imputed interest | (136) |  |  | (2) |  |  | (138) |
Total lease liabilities | $ | 616 |  |  | $ | 28 |  |  | $ | 644 |

X
- Definition Assets And Liabilities, Lessee [Table Text Block] + References No definition available. + Details
Name: | iff_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | iff_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration