Restructuring and Other Charges (Tables)

12 Months Ended

Dec. 31, 2024

Restructuring and Related Activities [Abstract]

Movements in Restructuring and Related Accruals

Changes in restructuring liabilities during 2022, 2023 and 2024 were as follows:

(DOLLARS IN MILLIONS)	Balance at January 1, 2022		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at December 31, 2022
Frutarom Integration Initiative
Severance	$	5	$	1	$	—	$	(2)	$	4
Fixed asset write down	—		3		(3)		—		—
Other(1)	3		(2)		—		(1)		—
2019 Severance Program
Severance	5		(5)		—		—		—
Other Restructuring Charges
Severance	1		—		—		—		1
N&B Merger Restructuring Liability
Severance	15		8		—		(14)		9
Other(2)	—		7		(2)		(4)		1
Total Restructuring and other charges	$	29	$	12	$	(5)	$	(21)	$	15

(DOLLARS IN MILLIONS)	Balance at January 1, 2023		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at December 31, 2023
Frutarom Integration Initiative
Severance	$	4	$	(3)	$	—	$	(1)	$	—
Other Restructuring Charges
Severance	1		(1)		—		—		—
N&B Merger Restructuring Liability
Severance	9		—		—		(9)		—
Other(2)	1		2		(2)		(1)		—
2023 Restructuring Program
Severance	—		70		—		(56)		14
Total Restructuring and other charges	$	15	$	68	$	(2)	$	(67)	$	14

(DOLLARS IN MILLIONS)	Balance at January 1, 2024		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at December 31, 2024
N&B Merger Restructuring Liability
Other(2)	$	—	$	2	$	(2)	$	—	$	—
2023 Restructuring Program
Severance	14		4		—		(18)		—
IFF Productivity Program
Severance	—		3		—		—		3
Fixed asset write down	—		20		(20)		—		—
Total Restructuring and other charges	$	14	$	29	$	(22)	$	(18)	$	3

_______________________

(1)Includes supplier contract termination costs, consulting and advisory fees.

(2)Includes lease impairment charges and losses incurred from restructuring activities related to the Merger with N&B.

Charges by Segment

The following table summarizes the total amount of costs incurred in connection with these restructuring programs and activities by segment:

	December 31,
(DOLLARS IN MILLIONS)	2024		2023		2022
Nourish	$	26	$	37	$	8
Health & Biosciences	1		13		2
Scent	1		15		1
Pharma Solutions	1		3		1
Total Restructuring and other charges	$	29	$	68	$	12