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Goodwill and Identifiable Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]  
Changes in Net Carrying Amount of Goodwill by Segment
Changes in the net carrying amount of goodwill by segment were as follows:
(in millions)ACCO
Brands
North America		ACCO
Brands
EMEA		ACCO
Brands
International		Total
Balance at December 31, 2019$375.6 $165.7 $177.3 $718.6 
Acquisitions(1)
85.6 — 3.9 89.5 
Foreign currency translation— 22.5 (3.2)19.3 
Balance at December 31, 2020461.2 188.2 178.0 827.4 
Acquisitions(1)
(14.5)2.0 — (12.5)
Foreign currency translation— (11.6)(0.8)(12.4)
Balance at December 31, 2021$446.7 $178.6 $177.2 $802.5 

(1)Goodwill has been recorded on our Consolidated Balance Sheet related to the Franken acquisition, which is part of our EMEA segment, and represents the excess of the cost of the Franken acquisition when compared to the fair value estimate of the net assets acquired on April 1, 2021 (the date of the Franken acquisition). Goodwill has been recorded on our Consolidated Balance Sheet related to the PowerA acquisition and represents the excess of the cost of the PowerA acquisition when compared to the fair value estimate of the net assets acquired on December 17, 2020 (the date of the PowerA acquisition) and includes a working capital adjustment of $18.2 million recorded in the first quarter of 2021 as a reduction to the purchase price, partially offset by purchase accounting adjustments of $3.7 million. See "Note 3. Acquisitions" for details on the calculation of the goodwill acquired in the acquisitions.
Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets
The gross carrying value and accumulated amortization by class of identifiable intangible assets as of December 31, 2021 and 2020 were as follows:
December 31, 2021December 31, 2020
(in millions)Gross
Carrying
Amounts		Accumulated
Amortization		Net
Book
Value		Gross
Carrying
Amounts		Accumulated
Amortization		Net
Book
Value
Indefinite-lived intangible assets:
Trade names$417.6 $(44.5)(1)$373.1 $467.5 $(44.5)(1)$423.0 
Amortizable intangible assets:
Trade names373.2 (110.5)262.7 343.5 (97.7)245.8 
Customer and contractual relationships366.5 (182.4)184.1 376.8 (162.9)213.9 
Vendor relationships82.4 (5.7)76.7 87.7 (0.2)87.5 
Patents8.6 (3.0)5.6 8.9 (2.1)6.8 
Subtotal830.7 (301.6)529.1 816.9 (262.9)554.0 
Total identifiable intangibles$1,248.3 $(346.1)$902.2 $1,284.4 $(307.4)$977.0 

(1)Accumulated amortization prior to the adoption of authoritative guidance on goodwill and other intangible assets, at which time further amortization ceased.
Estimated Amortization Expense for Future Periods
Estimated amortization expense for amortizable intangible assets for the next five years is as follows:
(in millions)20222023202420252026
Estimated amortization expense(2)
$42.8 $40.5 $38.8 $37.2 $35.1 

(2)Actual amounts of amortization expense may differ from estimated amounts due to changes in foreign currency exchange rates, additional intangible asset acquisitions, impairment of intangible assets, accelerated amortization of intangible assets and other events.
PowerA  
Finite-Lived Intangible Assets [Line Items]  
Schedule of Acquired Identifiable Intangible Assets The allocation of the identifiable intangibles acquired in the PowerA acquisition was as follows:
(in millions)Fair ValueRemaining Useful Life
Trade name$21.6 15 years
Customer relationships128.6 15 years
Vendor relationships82.4 15 years
Developed technology2.8 5 years
Total identifiable intangibles acquired$235.4 
Cumberland Asset Acquisition  
Finite-Lived Intangible Assets [Line Items]  
Schedule of Acquired Identifiable Intangible Assets The allocation of the identifiable intangibles acquired in the Cumberland Asset Acquisition was as follows:
(in millions)Fair ValueRemaining Useful Life Ranges
Trade name - amortizable$0.8 10 years
Customer relationships2.4 7 years
Total identifiable intangibles acquired$3.2