A Dark Vector Cognition product

Item 16. FORM 10-K SUMMARY.

6K characters. Original on sec.gov ·

Item 16. FORM 10-K SUMMARY.

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

INTERNATIONAL FLAVORS & FRAGRANCES INC.
By:/s/ Rustom Jilla
Name:Rustom Jilla
Title:Executive Vice President and Chief Financial Officer

Dated: March 3, 2020

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:

SignatureTitleDate
/s/ Andreas FibigChairman of the Board, Chief Executive Officer and Director (Principal Executive Officer)March 3, 2020
Andreas Fibig
/s/ Rustom JillaExecutive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)March 3, 2020
Rustom Jilla
/s/ Marcello V. BottoliDirectorMarch 3, 2020
Marcello V. Bottoli
/s/ Linda B. BuckDirectorMarch 3, 2020
Linda B. Buck
/s/ Michael DuckerDirectorMarch 3, 2020
Michael Ducker
/s/ David R. EpsteinDirectorMarch 3, 2020
David R. Epstein
/s/ Roger W. Ferguson, Jr.DirectorMarch 3, 2020
Roger W. Ferguson, Jr.
/s/ John F. FerraroDirectorMarch 3, 2020
John F. Ferraro
/s/ Christina GoldDirectorMarch 3, 2020
Christina Gold
/s/ Katherine M. HudsonDirectorMarch 3, 2020
Katherine M. Hudson
/s/ Dale F. MorrisonDirectorMarch 3, 2020
Dale F. Morrison
/s/ Li-Huei TsaiDirectorMarch 3, 2020
Li-Huei Tsai
/s/ Stephen WilliamsonDirectorMarch 3, 2020
Stephen Williamson

INTERNATIONAL FLAVORS & FRAGRANCES INC. AND SUBSIDIARIES

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

(IN THOUSANDS)

For the Year Ended December 31, 2019
Balance at beginning of periodAdditions charged to costs and expensesAcquisitionsAccounts written offTranslation adjustmentsBalance at end of period
Allowance for doubtful accounts$9,173$1,262$—$(2,024)$(180)$8,231
Valuation allowance on credit and operating loss carryforwards and other net deferred tax assets200,2805,659——(2,174)203,765
For the Year Ended December 31, 2018
Balance at beginning of periodAdditions (deductions) charged to costs and expensesAcquisitionsAccounts written offTranslation adjustmentsBalance at end of period
Allowance for doubtful accounts$13,392$1,286$—$(4,642)$(863)$9,173
Valuation allowance on credit and operating loss carryforwards and other net deferred tax assets207,483(1,821)(1)3,887—(9,269)200,280
For the Year Ended December 31, 2017
Balance at beginning of periodAdditions charged to costs and expensesAcquisitionsAccounts written offTranslation adjustmentsBalance at end of period
Allowance for doubtful accounts$9,995$3,798$—$(1,496)$1,095$13,392
Valuation allowance on credit and operating loss carryforwards and other net deferred tax assets152,75235,646(2)——19,085207,483

(1)The 2018 amount includes an adjustment to the 2017 foreign net operating loss carryforwards in the amount of $5.9 million.
(2)The 2017 amount includes an adjustment to the 2016 foreign net operating loss carryforwards in the amount of $58.8 million.

S-1

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