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Information on Business Segments (Tables)

9 Months Ended

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
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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ 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
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-Section 50
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