XML 102 R85.htm IDEA: XBRL DOCUMENT v3.22.4
Goodwill and Identifiable Intangible Assets - Summary of Changes in Net Carrying Amount Goodwill By Segment (Details) - USD ($)
3 Months Ended 12 Months Ended
Aug. 31, 2022
Jun. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Goodwill [Roll Forward]          
Beginning balance     $ 802,500,000 $ 827,400,000  
Acquisitions [1]       (12,500,000)  
Goodwill impairment $ (98,700,000) $ 0 (98,700,000) 0 $ 0
Foreign currency translation     (32,300,000) (12,400,000)  
Ending balance     671,500,000 802,500,000 827,400,000
ACCO Brands North America          
Goodwill [Roll Forward]          
Beginning balance     446,700,000 461,200,000  
Acquisitions [1]       (14,500,000)  
Goodwill impairment (98,700,000)   (98,700,000)    
Foreign currency translation     0 0  
Ending balance     348,000,000.0 446,700,000 461,200,000
ACCO Brands EMEA          
Goodwill [Roll Forward]          
Beginning balance     178,600,000 188,200,000  
Acquisitions [1]       2,000,000.0  
Goodwill impairment 0   0    
Foreign currency translation     (33,000,000.0) (11,600,000)  
Ending balance     145,600,000 178,600,000 188,200,000
ACCO Brands International          
Goodwill [Roll Forward]          
Beginning balance     177,200,000 178,000,000.0  
Acquisitions       0  
Goodwill impairment $ 0   0    
Foreign currency translation     700,000 (800,000)  
Ending balance     $ 177,900,000 $ 177,200,000 $ 178,000,000.0
[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 additional details.