International Flavors & Fragrances Inc. (IFF)

IFF Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	567	703	483	711	650	606.82
Cash & Short-Term Investments	567	703	483	711	650	606.82
Cash Growth	-9.86%	45.55%	-32.07%	9.38%	7.12%	-4.42%
Accounts Receivable	1,772	1,726	1,818	1,906	929	876.2
Other Receivables	163	187	212	309	193	147.81
Receivables	1,935	1,913	2,030	2,215	1,122	1,024
Inventory	2,335	2,638	3,299	2,644	1,132	1,123
Prepaid Expenses	229	184	144	160	100	110.77
Restricted Cash	-	6	10	4	7	17.12
Other Current Assets	3,357	849	1,466	1,253	49	60.76
Total Current Assets	8,423	6,293	7,432	6,987	3,060	2,943
Property, Plant & Equipment	4,446	4,955	4,968	5,156	1,765	1,680
Long-Term Investments	10	11	10	86	5	-
Goodwill	9,349	10,635	13,373	16,414	5,593	5,498
Other Intangible Assets	6,770	8,357	9,082	10,506	2,727	2,852
Long-Term Deferred Tax Assets	401	278	167	82	197	125.55
Other Long-Term Assets	529	449	490	427	208	190.2
Total Assets	29,928	30,978	35,522	39,658	13,555	13,287
Accounts Payable	1,211	1,378	1,418	1,532	556	510.37
Accrued Expenses	895	820	790	850	270	227.72
Short-Term Debt	2	3	193	331	2	-
Current Portion of Long-Term Debt	466	882	404	301	632	389.15
Current Portion of Leases	88	92	91	114	44	39.68
Current Income Taxes Payable	67	194	313	94	42	42.14
Other Current Liabilities	489	389	519	411	358	343.14
Total Current Liabilities	3,218	3,758	3,728	3,633	1,904	1,552
Long-Term Debt	8,631	9,186	10,373	10,768	3,779	3,997
Long-Term Leases	605	660	684	685	269	255.89
Long-Term Deferred Tax Liabilities	1,869	1,937	2,283	2,518	593	641.46
Other Long-Term Liabilities	613	542	479	447	264	246.47
Total Liabilities	15,118	16,336	17,778	18,436	7,135	6,959
Common Stock	35	35	35	35	16	16.07
Additional Paid-In Capital	19,902	19,874	19,841	19,826	3,853	3,823
Retained Earnings	-2,457	-2,439	955	3,641	4,156	4,118
Treasury Stock	-945	-963	-978	-997	-1,017	-1,023
Comprehensive Income & Other	-1,760	-1,896	-2,198	-1,423	-698	-716.89
Total Common Equity	14,775	14,611	17,655	21,082	6,310	6,217
Minority Interest	35	31	89	140	110	111.29
Shareholders' Equity	14,810	14,642	17,744	21,222	6,420	6,329
Total Liabilities & Equity	29,928	30,978	35,522	39,658	13,555	13,287
Total Debt	9,792	10,823	11,745	12,199	4,726	4,682
Net Cash (Debt)	-9,225	-10,120	-11,262	-11,488	-4,076	-4,075
Net Cash Per Share	-36.18	-39.69	-44.16	-47.28	-35.75	-36.06
Filing Date Shares Outstanding	255.68	255.31	255.06	254.68	248.73	106.8
Total Common Shares Outstanding	255.7	255.29	254.97	254.57	106.94	106.79
Working Capital	5,205	2,535	3,704	3,354	1,156	1,390
Book Value Per Share	57.78	57.23	69.24	82.81	59.01	58.22
Tangible Book Value	-1,344	-4,381	-4,800	-5,838	-2,010	-2,132
Tangible Book Value Per Share	-5.26	-17.16	-18.83	-22.93	-18.80	-19.97
Land	142	195	199	223	84	73.17
Buildings	1,747	1,822	1,697	1,764	932	831.58
Machinery	3,527	3,752	3,344	3,442	1,525	1,366
Construction In Progress	323	400	649	461	136	188.12

Source: S&P Capital IQ. Standard template. Financial Sources.