10-K Filing

INTERNATIONAL FLAVORS & FRAGRANCES INC CIK: 51253 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000051253-24-000006`
Period End Date	20231231
Filing Date	20240228
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	iff-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 84 Cash Flow Statement 143 Stockholders Equity 50

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$53.00M	USD	Point-in-time
Trade receivables, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$52.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.12	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.12	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$703.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$483.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$711.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$4.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$10.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	275.73M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	275.73M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$6.00M	USD	Point-in-time
Receivables, net, current	`ReceivablesNetCurrent`	$1.82B	USD	Point-in-time
Receivables, net, current	`ReceivablesNetCurrent`	$1.73B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	254.97M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	255.29M	shares	Point-in-time
Inventories	`InventoryNet`	$2.48B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	20.76M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	20.44M	shares	Point-in-time
Inventories	`InventoryNet`	$3.15B	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.20B	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$506.00M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$875.00M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$770.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.43B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.29B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.20B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.24B	USD	Point-in-time
Goodwill	`Goodwill`	$16.43B	USD	Point-in-time
Goodwill	`Goodwill`	$10.63B	USD	Point-in-time
Goodwill	`Goodwill`	$13.37B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$9.08B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$8.36B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$743.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$689.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$689.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$764.00M	USD	Point-in-time
Total Assets	`Assets`	$30.98B	USD	Point-in-time
Total Assets	`Assets`	$35.52B	USD	Point-in-time
Bank borrowings, overdrafts and current portion of long-term debt	`DebtCurrent`	$885.00M	USD	Point-in-time
Bank borrowings, overdrafts and current portion of long-term debt	`DebtCurrent`	$410.00M	USD	Point-in-time
Commercial paper	`CommercialPaperCurrent`	-	USD	Point-in-time
Commercial paper	`CommercialPaperCurrent`	$187.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.38B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.42B	USD	Point-in-time
Accrued payroll and bonus	`EmployeeRelatedLiabilitiesCurrent`	$267.00M	USD	Point-in-time
Accrued payroll and bonus	`EmployeeRelatedLiabilitiesCurrent`	$265.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$206.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$207.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$201.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$46.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$212.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$977.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.03B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.73B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.76B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$10.37B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$9.19B	USD	Point-in-time
Retirement liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$231.00M	USD	Point-in-time
Retirement liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$253.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.28B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.94B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$642.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$672.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$491.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$560.00M	USD	Point-in-time
Total Other Liabilities	`LiabilitiesNoncurrent`	$12.58B	USD	Point-in-time
Total Other Liabilities	`LiabilitiesNoncurrent`	$14.05B	USD	Point-in-time
Commitments and Contingencies (Note 19)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 19)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$59.00M	USD	Point-in-time
Common stock, value, issued	`CommonStockValue`	$35.00M	USD	Point-in-time
Common stock, value, issued	`CommonStockValue`	$35.00M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$19.84B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$19.87B	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-2.44B	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$955.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.20B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.90B	USD	Point-in-time
Treasury stock, value	`TreasuryStockValue`	$963.00M	USD	Point-in-time
Treasury stock, value	`TreasuryStockValue`	$978.00M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$14.61B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$17.66B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$30.00M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$31.00M	USD	Point-in-time
Total Shareholders Equity including non-controlling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.32B	USD	Point-in-time
Total Shareholders Equity including non-controlling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.64B	USD	Point-in-time
Total Shareholders Equity including non-controlling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.12B	USD	Point-in-time
Total Shareholders Equity including non-controlling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.68B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$30.98B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$35.52B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.44B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.48B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.66B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$7.92B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$8.29B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$7.80B	USD	Annual
Gross profit	`GrossProfit`	$3.68B	USD	Annual
Gross profit	`GrossProfit`	$4.15B	USD	Annual
Gross profit	`GrossProfit`	$3.73B	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$636.00M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$603.00M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$629.00M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.75B	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.79B	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.77B	USD	Annual
Restructuring and other charges	`RestructuringandOtherCharges`	$12.00M	USD	Annual
Restructuring and other charges	`RestructuringandOtherCharges`	$41.00M	USD	Annual
Restructuring and other charges	`RestructuringandOtherCharges`	$68.00M	USD	Annual
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$680.00M	USD	Annual
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$727.00M	USD	Annual
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssets`	$732.00M	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$2.62B	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$2.25B	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$120.00M	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	Annual
Gains on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$3.00M	USD	Annual
Gains on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$1.00M	USD	Annual
Gains on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$3.00M	USD	Annual
Operating (loss) profit	`OperatingIncomeLoss`	$585.00M	USD	Annual
Operating (loss) profit	`OperatingIncomeLoss`	$-2.11B	USD	Annual
Operating (loss) profit	`OperatingIncomeLoss`	$-1.33B	USD	Annual
Interest expense	`InterestExpense`	$289.00M	USD	Annual
Interest expense	`InterestExpense`	$336.00M	USD	Annual
Interest expense	`InterestExpense`	$380.00M	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$58.00M	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$37.00M	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-28.00M	USD	Annual
(Loss) income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.62B	USD	Annual
(Loss) income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.52B	USD	Annual
(Loss) income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$354.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$75.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$239.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$45.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$-1.86B	USD	Annual
Net (loss) income	`ProfitLoss`	$279.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$-2.56B	USD	Annual
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.00M	USD	Annual
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	Annual
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.00M	USD	Annual
Net income available to IFF common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$270.00M	USD	Annual
Net income available to IFF common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.87B	USD	Annual
Net income available to IFF common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.57B	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-848.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-933.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$414.00M	USD	Annual
Gains on derivatives qualifying as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$8.00M	USD	Annual
Gains on derivatives qualifying as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Gains on derivatives qualifying as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Pension and postretirement liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-158.00M	USD	Annual
Pension and postretirement liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$112.00M	USD	Annual
Pension and postretirement liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-115.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-775.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-725.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$302.00M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.64B	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.26B	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-446.00M	USD	Annual
Comprehensive loss attributable to IFF shareholders	`ComprehensiveIncomeNetOfTax`	$-455.00M	USD	Annual
Comprehensive loss attributable to IFF shareholders	`ComprehensiveIncomeNetOfTax`	$-2.65B	USD	Annual
Comprehensive loss attributable to IFF shareholders	`ComprehensiveIncomeNetOfTax`	$-2.27B	USD	Annual
Net income per share - basic (in dollars per share)	`EarningsPerShareBasic`	$1.11	USD	Annual
Net income per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-10.05	USD	Annual
Net income per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-7.32	USD	Annual
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-7.32	USD	Annual
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-10.05	USD	Annual
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.10	USD	Annual
Average number of shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	255.00M	shares	Annual
Average number of shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	243.00M	shares	Annual
Average number of shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	255.00M	shares	Annual
Average number of shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	255.00M	shares	Annual
Average number of shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	255.00M	shares	Annual
Average number of shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	243.00M	shares	Annual

Cash Flow Statement 143 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-1.86B	USD	Annual
Net (loss) income	`ProfitLoss`	$279.00M	USD	Annual
Net (loss) income	`ProfitLoss`	$-2.56B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.18B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.16B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.14B	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-369.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-237.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-236.00M	USD	Annual
Gains on sale of assets	`GainLossOnDispositionOfAssets`	$1.00M	USD	Annual
Gains on sale of assets	`GainLossOnDispositionOfAssets`	$3.00M	USD	Annual
Gains on sale of assets	`GainLossOnDispositionOfAssets`	$3.00M	USD	Annual
Losses (gains) on business divestitures	`GainLossOnSaleOfBusiness`	$-23.00M	USD	Annual
Losses (gains) on business divestitures	`GainLossOnSaleOfBusiness`	$13.00M	USD	Annual
Losses (gains) on business divestitures	`GainLossOnSaleOfBusiness`	$11.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$49.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$54.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$65.00M	USD	Annual
Pension contributions	`PensionContributions`	$37.00M	USD	Annual
Pension contributions	`PensionContributions`	$36.00M	USD	Annual
Pension contributions	`PensionContributions`	$36.00M	USD	Annual
Amortization Of Inventory Step-Up	`AmortizationOfInventoryStepUp`	$368.00M	USD	Annual
Amortization Of Inventory Step-Up	`AmortizationOfInventoryStepUp`	-	USD	Annual
Amortization Of Inventory Step-Up	`AmortizationOfInventoryStepUp`	-	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$2.62B	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$2.25B	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$120.00M	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	Annual
Inventory Write-down	`InventoryWriteDown`	-	USD	Annual
Inventory Write-down	`InventoryWriteDown`	-	USD	Annual
Inventory Write-down	`InventoryWriteDown`	$72.00M	USD	Annual
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-51.00M	USD	Annual
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$117.00M	USD	Annual
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$169.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$363.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$893.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-605.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-39.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-57.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$419.00M	USD	Annual
Accruals for incentive compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.00M	USD	Annual
Accruals for incentive compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-34.00M	USD	Annual
Accruals for incentive compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$96.00M	USD	Annual
Other current payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$4.00M	USD	Annual
Other current payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$19.00M	USD	Annual
Other current payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$92.00M	USD	Annual
Other assets/liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$120.00M	USD	Annual
Other assets/liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$41.00M	USD	Annual
Other assets/liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$149.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.44B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.44B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$397.00M	USD	Annual
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$110.00M	USD	Annual
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$503.00M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$504.00M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$393.00M	USD	Annual
Additions to intangible assets	`PaymentsToAcquireIntangibleAssets`	$4.00M	USD	Annual
Additions to intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.00M	USD	Annual
Additions to intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	Annual
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$8.00M	USD	Annual
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$18.00M	USD	Annual
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$27.00M	USD	Annual
Proceeds from unwinding of derivative instruments	`ProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	Annual
Proceeds from unwinding of derivative instruments	`ProceedsFromDerivativeInstrumentInvestingActivities`	$173.00M	USD	Annual
Proceeds from unwinding of derivative instruments	`ProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	Annual
Cash acquired from acquisition	`ProceedsFromBusinessCombination`	-	USD	Annual
Cash acquired from acquisition	`ProceedsFromBusinessCombination`	$246.00M	USD	Annual
Cash acquired from acquisition	`ProceedsFromBusinessCombination`	$11.00M	USD	Annual
Net proceeds received from business divestitures	`ProceedsFromDivestitureOfBusinesses`	$1.17B	USD	Annual
Net proceeds received from business divestitures	`ProceedsFromDivestitureOfBusinesses`	$1.05B	USD	Annual
Net proceeds received from business divestitures	`ProceedsFromDivestitureOfBusinesses`	$115.00M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$745.00M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.00M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$574.00M	USD	Annual
Cash dividends paid to shareholders	`PaymentsOfDividendsCommonStock`	$810.00M	USD	Annual
Cash dividends paid to shareholders	`PaymentsOfDividendsCommonStock`	$667.00M	USD	Annual
Cash dividends paid to shareholders	`PaymentsOfDividendsCommonStock`	$826.00M	USD	Annual
Payments of Ordinary Dividends, Noncontrolling Interest	`PaymentsOfDividendsMinorityInterest`	-	USD	Annual
Payments of Ordinary Dividends, Noncontrolling Interest	`PaymentsOfDividendsMinorityInterest`	$13.00M	USD	Annual
Payments of Ordinary Dividends, Noncontrolling Interest	`PaymentsOfDividendsMinorityInterest`	$2.00M	USD	Annual
(Decrease) increase in revolving credit facility and short term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$104.00M	USD	Annual
(Decrease) increase in revolving credit facility and short term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$-105.00M	USD	Annual
(Decrease) increase in revolving credit facility and short term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$-99.00M	USD	Annual
Proceeds from issuance of commercial paper (maturities after three months)	`ProceedsFromIssuanceOfCommercialPaperMaturingInMoreThanThreeMonths`	-	USD	Annual
Proceeds from issuance of commercial paper (maturities after three months)	`ProceedsFromIssuanceOfCommercialPaperMaturingInMoreThanThreeMonths`	$225.00M	USD	Annual
Proceeds from issuance of commercial paper (maturities after three months)	`ProceedsFromIssuanceOfCommercialPaperMaturingInMoreThanThreeMonths`	-	USD	Annual
Repayments of commercial paper (maturities after three months)	`RepaymentsOfCommercialPaperMaturingInMoreThanThreeMonths`	-	USD	Annual
Repayments of commercial paper (maturities after three months)	`RepaymentsOfCommercialPaperMaturingInMoreThanThreeMonths`	-	USD	Annual
Repayments of commercial paper (maturities after three months)	`RepaymentsOfCommercialPaperMaturingInMoreThanThreeMonths`	$421.00M	USD	Annual
Net (repayments) borrowings of commercial paper (maturities less than three months)	`NetBorrowingsRepaymentsOfCommercialPaperMaturingInLessThanThreeMonths`	$-187.00M	USD	Annual
Net (repayments) borrowings of commercial paper (maturities less than three months)	`NetBorrowingsRepaymentsOfCommercialPaperMaturingInLessThanThreeMonths`	$324.00M	USD	Annual
Net (repayments) borrowings of commercial paper (maturities less than three months)	`NetBorrowingsRepaymentsOfCommercialPaperMaturingInLessThanThreeMonths`	$48.00M	USD	Annual
Deferred financing costs	`PaymentsOfFinancingCosts`	$5.00M	USD	Annual
Deferred financing costs	`PaymentsOfFinancingCosts`	$3.00M	USD	Annual
Deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	Annual
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$655.00M	USD	Annual
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$300.00M	USD	Annual
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$828.00M	USD	Annual
Purchases of redeemable non-controlling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$39.00M	USD	Annual
Purchases of redeemable non-controlling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$47.00M	USD	Annual
Purchases of redeemable non-controlling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$3.00M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Deferred consideration paid	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Deferred consideration paid	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$14.00M	USD	Annual
Deferred consideration paid	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.00M	USD	Annual
Employee withholding taxes paid	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	Annual
Employee withholding taxes paid	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.00M	USD	Annual
Employee withholding taxes paid	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$9.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-7.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.30B	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.23B	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.85B	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.00M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-77.00M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-59.00M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$56.00M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$183.00M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-164.00M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$660.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$735.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$716.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$660.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$735.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$716.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00M	USD	Point-in-time
Interest paid, net of amounts capitalized	`InterestPaidNet`	$310.00M	USD	Annual
Interest paid, net of amounts capitalized	`InterestPaidNet`	$370.00M	USD	Annual
Interest paid, net of amounts capitalized	`InterestPaidNet`	$310.00M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$329.00M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$289.00M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$578.00M	USD	Annual
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$117.00M	USD	Annual
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$109.00M	USD	Annual
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$150.00M	USD	Annual

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income (loss), cash flow hedge, gain (loss), after reclassification, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-1.00M	USD	Annual
Tax effect of pension liability and postretirement adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$3.00M	USD	Annual
Tax effect of pension liability and postretirement adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-4.00M	USD	Annual
Tax effect of pension liability and postretirement adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-4.00M	USD	Annual
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.20	USD	Annual
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.24	USD	Annual
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.12	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.64B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.12B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.68B	USD	Point-in-time
Net (loss) income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-1.87B	USD	Annual
Net (loss) income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$273.00M	USD	Annual
Net (loss) income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-2.56B	USD	Annual
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-848.00M	USD	Annual
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-933.00M	USD	Annual
Cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$414.00M	USD	Annual
Gains (losses) on derivatives qualifying as hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$8.00M	USD	Annual
Gains (losses) on derivatives qualifying as hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Gains (losses) on derivatives qualifying as hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Pension liability and postretirement adjustment; net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-158.00M	USD	Annual
Pension liability and postretirement adjustment; net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$112.00M	USD	Annual
Pension liability and postretirement adjustment; net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-115.00M	USD	Annual
Cash dividends declared	`DividendsCommonStockCash`	$785.00M	USD	Annual
Cash dividends declared	`DividendsCommonStockCash`	$827.00M	USD	Annual
Cash dividends declared	`DividendsCommonStockCash`	$815.00M	USD	Annual
Stock options/SSARs	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	Annual
Stock options/SSARs	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.00M	USD	Annual
Stock options/SSARs	`StockIssuedDuringPeriodValueStockOptionsExercised`	$15.00M	USD	Annual
Purchase of NCI	`StockIssuedDuringPeriodValueAcquisitions`	$15.98B	USD	Annual
Conversion of tangible equity units	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	Annual
Vested restricted stock units and awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-26.00M	USD	Annual
Vested restricted stock units and awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-5.00M	USD	Annual
Vested restricted stock units and awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-11.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$65.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$49.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$54.00M	USD	Annual
Purchase of NCI	`MinorityInterestDecreaseFromRedemptions`	$5.00M	USD	Annual
Redeemable NCI	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$6.00M	USD	Annual
Redeemable NCI	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$5.00M	USD	Annual
Redeemable NCI	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$2.00M	USD	Annual
Dividends on non-controlling interest and other	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	Annual
Dividends on non-controlling interest and other	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	Annual
Dividends on non-controlling interest and other	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.64B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.12B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.68B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	20.76M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	20.44M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.