Item 16. FORM 10-K SUMMARY.

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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: February 22, 2021

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:


Signature	Title	Date

/s/ Andreas Fibig	Chairman of the Board, Chief Executive Officer and Director (Principal Executive Officer)	February 22, 2021
Andreas Fibig

/s/ Rustom Jilla	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	February 22, 2021
Rustom Jilla

/s/ Robert Anderson	Senior Vice President, Corporate Controller and Chief Accounting Officer (Principal Accounting Officer)	February 22, 2021
Robert Anderson

/s/ Kathryn J. Boor	Director	February 22, 2021
Kathryn J. Boor

/s/ Edward D. Breen	Director	February 22, 2021
Edward D. Breen

/s/ Carol Anthony (John) Davidson	Director	February 22, 2021
Carol Anthony (John) Davidson

/s/ Michael Ducker	Director	February 22, 2021
Michael Ducker

/s/ Roger W. Ferguson, Jr.	Director	February 22, 2021
Roger W. Ferguson, Jr.

/s/ John F. Ferraro	Director	February 22, 2021
John F. Ferraro

/s/ Christina Gold	Director	February 22, 2021
Christina Gold

/s/ Ilene Gordon	Director	February 22, 2021
Ilene Gordon

/s/ Matthias Heinzel	Director	February 22, 2021
Matthias Heinzel

/s/ Dale F. Morrison	Director	February 22, 2021
Dale F. Morrison

/s/ Kåre Schultz	Director	February 22, 2021
Kåre Schultz

/s/ Stephen Williamson	Director	February 22, 2021
Stephen Williamson

INTERNATIONAL FLAVORS & FRAGRANCES INC. AND SUBSIDIARIES

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

(IN THOUSANDS)


	For the Year Ended December 31, 2020
	Balance at beginning of period		Additions charged to costs and expenses			Acquisitions		Accounts written off		Translation adjustments		Other(2)		Balance at end of period
Allowance for doubtful accounts	$	16,428	$	5,918		$	—	$	(825)	$	(513)	$	—	$	21,008
Valuation allowance on credit and operating loss carryforwards and other net deferred tax assets	203,765		35,555			—		—		17,851		—		257,171

	For the Year Ended December 31, 2019
	Balance at beginning of period		Additions (deductions) charged to costs and expenses			Acquisitions		Accounts written off		Translation adjustments		Other(2)		Balance at end of period
Allowance for doubtful accounts	$	9,173	$	1,262		$	—	$	(2,024)	$	(180)	$	8,197	$	16,428
Valuation allowance on credit and operating loss carryforwards and other net deferred tax assets	200,280		5,659			—		—		(2,174)		—		203,765

	For the Year Ended December 31, 2018
	Balance at beginning of period		Additions charged to costs and expenses			Acquisitions		Accounts written off		Translation adjustments		Other(2)		Balance 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 assets	207,483		(1,821)		(1)	3,887		—		(9,269)		—		200,280

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

(2)The amount relates to an adjustment to reflect the correct classification of amounts between the allowance for bad debts and Trade Receivables.

S-1

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