International Flavors & Fragrances Inc. (IFF)

IFF Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	828	-359	267	-2,587	-1,864	279
Depreciation & Amortization	972	962	1,015	1,142	1,179	1,156
Stock-Based Compensation	85	88	77	65	49	54
Other Adjustments	-307	579	-203	2,281	2,064	81
Change in Receivables	-59	-68	-217	51	-117	-169
Changes in Inventories	18	-41	-34	605	-893	-363
Changes in Accounts Payable	-35	-57	40	-39	-57	419
Changes in Accrued Expenses	-	-106	190	-2	-34	100
Changes in Other Operating Activities	-309	-149	-65	-60	70	-120
Operating Cash Flow	980	850	1,070	1,455	397	1,437
Operating Cash Flow Growth	-10.75%	-20.56%	-26.46%	266.50%	-72.37%	101.26%
Capital Expenditures	-580	-594	-463	-503	-504	-393
Sale of Property, Plant & Equipment	21	21	21	27	8	18
Purchases of Intangible Assets	-	-2	-5	-	-2	-4
Payments for Business Acquisitions	-	-	-	-	-110	-
Proceeds from Business Divestments	2,941	2,743	875	1,050	1,180	361
Other Investing Activities	71	101	-102	-16	173	-
Investing Cash Flow	2,449	2,269	326	558	745	-18
Short-Term Debt Issued	-138	314	-	-286	377	219
Short-Term Debt Repaid	-	-	-	-	-421	-
Net Short-Term Debt Issued (Repaid)	-138	314	-	-286	-44	219
Long-Term Debt Issued	-	-	-	-	-	3
Long-Term Debt Repaid	-2,897	-2,913	-1,030	-655	-300	-828
Net Long-Term Debt Issued (Repaid)	-2,897	-2,913	-1,030	-655	-300	-825
Repurchase of Common Stock	-48	-62	-16	-13	-21	-21
Net Common Stock Issued (Repurchased)	-48	-62	-16	-13	-21	-21
Common Dividends Paid	-409	-409	-514	-826	-810	-667
Other Financing Activities	-56	-57	-16	-65	-54	-10
Financing Cash Flow	-3,561	-3,091	-1,606	-1,851	-1,229	-1,304
Effect of Exchange Rate Changes on Cash and Cash Equivalents	44	91	-54	21	-77	-59
Net Cash Flow	-88	119	-264	183	-164	56
Free Cash Flow	400	256	607	952	-107	1,044
Free Cash Flow Growth	56.25%	-57.83%	-36.24%	-	-	100.00%
FCF Margin	3.71%	2.35%	5.29%	8.29%	-0.86%	8.96%
Free Cash Flow Per Share	1.56	1.00	2.37	3.73	-0.42	4.30
Levered Free Cash Flow	-2,117	-2,945	-84	-2,389	-2,454	463
Unlevered Free Cash Flow	891.92	-317.86	1,347	-1,025	-1,760	1,260

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q