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v3.23.1

Information on Business Segments (Tables) | 3 Months Ended
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Mar. 31, 2023
Segment Reporting [Abstract] |
Schedule of Net Sales by Business Segment | Net sales by reportable business segment for the three months ended March 31, 2023 and 2022 were as follows:
(in millions) |  | 2023 |  |  | 2022 |
ACCO Brands North America | $ |  | 176.7 |  | $ |  | 208.5 |
ACCO Brands EMEA |  |  | 135.8 |  |  |  | 156.1 |
ACCO Brands International |  |  | 90.1 |  |  |  | 77.0 |
Net sales | $ |  | 402.6 |  | $ |  | 441.6 |
Schedule of Operating Income by Business Segment | Operating income by business segment for the three months ended March 31, 2023 and 2022 was as follows:
(in millions) |  | 2023 |  |  | 2022 |
ACCO Brands North America | $ |  | 5.2 |  | $ |  | 13.9 |
ACCO Brands EMEA |  |  | 7.8 |  |  |  | 5.6 |
ACCO Brands International |  |  | 9.0 |  |  |  | 4.2 |
Segment operating income |  |  | 22.0 |  |  |  | 23.7 |
Change in fair value of contingent consideration |  |  | — |  |  |  | (2.6 | )
Corporate |  |  | (11.9 | ) |  |  | (14.3 | )
Operating income(1) |  |  | 10.1 |  |  |  | 6.8 |
Interest expense |  |  | 13.9 |  |  |  | 9.7 |
Interest income |  |  | (2.4 | ) |  |  | (1.4 | )
Non-operating pension expense (income) |  |  | 0.1 |  |  |  | (1.4 | )
Other expense, net |  |  | 1.8 |  |  |  | 0.9 |
Loss before income tax | $ |  | (3.3 | ) | $ |  | (1.0 | )
(1) Operating income 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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- 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 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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