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Information on Business Segments (Tables) | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Schedule of Net Sales by Business Segment | Net sales by reportable business segment for the three and nine months ended September 30, 2022 and 2021 were as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(in millions) |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
ACCO Brands North America | $ |  | 257.2 |  | $ |  | 287.5 |  | $ |  | 772.3 |  | $ |  | 771.4 |
ACCO Brands EMEA |  |  | 130.3 |  |  |  | 161.1 |  |  |  | 424.3 |  |  |  | 475.0 |
ACCO Brands International |  |  | 98.1 |  |  |  | 78.1 |  |  |  | 251.6 |  |  |  | 208.6 |
Net sales | $ |  | 485.6 |  | $ |  | 526.7 |  | $ |  | 1,448.2 |  | $ |  | 1,455.0 |
Schedule of Operating Income (Loss) by Business Segment | Operating income (loss) by business segment for the three and nine months ended September 30, 2022 and 2021 was as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(in millions) |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
ACCO Brands North America | $ |  | (78.4 | ) | $ |  | 34.6 |  | $ |  | (13.8 | ) | $ |  | 87.7 |
ACCO Brands EMEA |  |  | 4.9 |  |  |  | 13.4 |  |  |  | 9.0 |  |  |  | 40.1 |
ACCO Brands International |  |  | 17.3 |  |  |  | 7.3 |  |  |  | 27.8 |  |  |  | 10.7 |
Segment Operating (loss) income |  |  | (56.2 | ) |  |  | 55.3 |  |  |  | 23.0 |  |  |  | 138.5 |
Change in fair value of contingent consideration |  |  | 2.2 |  |  |  | (4.9 | ) |  |  | 9.0 |  |  |  | (16.5 | )
Corporate |  |  | (9.0 | ) |  |  | (11.8 | ) |  |  | (32.8 | ) |  |  | (34.6 | )
Operating (loss) income⁽¹⁾ |  |  | (63.0 | ) |  |  | 38.6 |  |  |  | (0.8 | ) |  |  | 87.4 |
Interest expense |  |  | 12.1 |  |  |  | 11.2 |  |  |  | 32.6 |  |  |  | 36.0 |
Interest income |  |  | (2.6 | ) |  |  | (0.6 | ) |  |  | (6.2 | ) |  |  | (1.2 | )
Non-operating pension income |  |  | (0.5 | ) |  |  | (2.3 | ) |  |  | (3.2 | ) |  |  | (5.6 | )
Other (income) expense, net |  |  | (7.4 | ) |  |  | 0.1 |  |  |  | (10.2 | ) |  |  | 4.0 |
(Loss) income before income tax | $ |  | (64.6 | ) | $ |  | 30.2 |  | $ |  | (13.8 | ) | $ |  | 54.2 |
(1) Operating income (loss) is defined as i) net sales; ii) less cost of products sold; iii) less selling, general and administrative expenses; iv) less amortization of intangibles; v) less restructuring charges; and vi) less change in the fair value of contingent consideration.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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