XML 60 R50.htm IDEA: XBRL DOCUMENT v3.23.3
Pension and Other Retiree Benefits - Net Periodic Benefit Expense (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Pension | United States        
Defined Benefit Plan Disclosure [Line Items]        
Service cost $ 0.0 $ 0.0 $ 0.0 $ 0.0
Interest cost 2.0 1.2 6.0 3.6
Expected return on plan assets (3.0) (2.7) (9.0) (8.1)
Amortization of net loss (gain) 0.6 0.9 1.8 2.7
Amortization of prior service cost 0.0 0.0 0.0 0.0
Special termination benefit [1] 0.0 0.0 0.0 0.0
Net periodic benefit (income) cost [2] (0.4) (0.6) (1.2) (1.8)
Pension | International        
Defined Benefit Plan Disclosure [Line Items]        
Service cost 0.1 0.2 0.3 0.7
Interest cost 5.1 2.3 15.0 7.2
Expected return on plan assets (5.5) (4.2) (16.2) (13.3)
Amortization of net loss (gain) 1.1 1.2 3.2 3.9
Amortization of prior service cost 0.1 0.1 0.3 0.2
Special termination benefit [1] 0.0 0.8 0.0 0.8
Net periodic benefit (income) cost [2] 0.9 0.4 2.6 (0.5)
Post-retirement        
Defined Benefit Plan Disclosure [Line Items]        
Service cost 0.0 0.0 0.0 0.0
Interest cost 0.0 0.0 0.0 0.0
Expected return on plan assets 0.0 0.0 0.0 0.0
Amortization of net loss (gain) (0.1) (0.1) (0.3) (0.3)
Amortization of prior service cost 0.0 0.0 0.0 0.0
Special termination benefit [1] 0.0 0.0 0.0 0.0
Net periodic benefit (income) cost [2] $ (0.1) $ (0.1) $ (0.3) $ (0.3)
[1] Special termination benefit of $0.8 million due to the wind up of the ACCO Brands Canada Salaried and Hourly plans effective July 1, 2022. The plan wind up is considered an irrevocable event that triggers special accounting, specifically a one-time special termination benefit. The plan wind up is expected to be completed in 2024.
[2] The components of net periodic benefit (income) cost, other than service cost, are included in the line "Non-operating pension expense (income)" in the Consolidated Statements of Income (Loss).