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International Flavors & Fragrances10-Q: Cash flow concern

IFF holds a $194M net liability on cross-currency swaps, indicating significant FX risk.

What happened

The company's strategy to hedge its European investments has resulted in a net liability of $194 million from cross-currency swaps. This large, volatile liability highlights a significant financial pain point and a need for sophisticated treasury and risk management solutions to mitigate foreign exchange exposure.

Source

SEC EDGARAug 4, 2026

Quarterly report (Form 10-Q)

International Flavors & Fragrances 10-Q

Filing excerpt

We use derivative instruments as part of our interest rate risk management strategy. We have entered into certain cross currency swap agreements in order to mitigate a portion of our net European investments from foreign currency risk. As of June 30, 2026, these swaps were in a net liability position with an aggregate fair value of $194 million.

sec.gov/Archives/edgar/data/51253/000005125326000030/iff-20260630.htmRead the full source

Other signals in this filing (5)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Cash flow concern

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
06/30
Filed
Aug 4, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$194M (Aggregate fair value of cross currency swaps in a net liability position as of June 30, 2026.)

Details

CIK
51253
Accession number
0000051253-26-000030
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Treasury/cash management needs
Signal category
Financial

Topics and mentions

Regions named

  • Europe

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Aug 11, 2026
signal_type
sec-10q
signal_subtype
cashFlowConcern

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/1a9516e8-757a-44a3-a137-0766770f1c20 returns this record as JSON. POST /v1/companies/enrich returns every signal for iff.com.

{
  "signal_id": "1a9516e8-757a-44a3-a137-0766770f1c20",
  "signal_type": "sec-10q",
  "signal_subtype": "cashFlowConcern",
  "detected_at": "2026-08-11T08:04:29.95+00:00",
  "company": {
    "name": "International Flavors & Fragrances",
    "domain": "iff.com"
  },
  "data": {
    "detail": "The company's strategy to hedge its European investments has resulted in a net liability of $194 million from cross-currency swaps. This large, volatile liability highlights a significant financial pain point and a need for sophisticated treasury and risk management solutions to mitigate foreign exchange exposure.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Aggregate fair value of cross currency swaps in a net liability position as of June 30, 2026.",
      "dollar_millions": 194
    },
    "summary": "IFF holds a $194M net liability on cross-currency swaps, indicating significant FX risk.",
    "excerpts": "We use derivative instruments as part of our interest rate risk management strategy. We have entered into certain cross currency swap agreements in order to mitigate a portion of our net European investments from foreign currency risk. As of June 30, 2026, these swaps were in a net liability position with an aggregate fair value of $194 million.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/51253/000005125326000030/iff-20260630.htm",
    "filing_date": "2026-08-04",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Treasury/cash management needs",
    "signal_category": "financial",
    "regions_mentioned": [
      "Europe"
    ]
  }
}

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