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Information on Business Segments (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Net Sales by Business Segment | Net sales by reportable business segment for the three and six months ended June 30, 2024 and 2023 were as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
(in millions) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
ACCO Brands Americas |  | $ | 292.3 |  |  | $ | 336.4 |  |  | $ | 489.5 |  |  | $ | 566.4 |
ACCO Brands International |  |  | 146.0 |  |  |  | 157.2 |  |  |  | 307.7 |  |  |  | 329.8 |
Net sales |  | $ | 438.3 |  |  | $ | 493.6 |  |  | $ | 797.2 |  |  | $ | 896.2 |
Schedule of Operating (Loss) Income by Business Segment | Operating (loss) income by business segment for the three and six months ended June 30, 2024 and 2023 was as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
(in millions) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
ACCO Brands Americas |  | $ | (108.7 | ) |  | $ | 60.4 |  |  | $ | (102.6 | ) |  | $ | 72.7 |
ACCO Brands International |  |  | 7.8 |  |  |  | 7.1 |  |  |  | 20.6 |  |  |  | 16.8 |
Segment operating (loss) income |  |  | (100.9 | ) |  |  | 67.5 |  |  |  | (82.0 | ) |  |  | 89.5 |
Corporate |  |  | (10.3 | ) |  |  | (12.3 | ) |  |  | (23.3 | ) |  |  | (24.2 | )
Operating (loss) income⁽¹⁾ |  |  | (111.2 | ) |  |  | 55.2 |  |  |  | (105.3 | ) |  |  | 65.3 |
Interest expense |  |  | 13.8 |  |  |  | 15.5 |  |  |  | 27.1 |  |  |  | 29.4 |
Interest income |  |  | (2.2 | ) |  |  | (2.2 | ) |  |  | (4.1 | ) |  |  | (4.6 | )
Non-operating pension expense |  |  | 4.8 |  |  |  | 0.2 |  |  |  | 5.2 |  |  |  | 0.3 |
Other (income) expense, net |  |  | (0.2 | ) |  |  | (0.3 | ) |  |  | (0.8 | ) |  |  | 1.5 |
(Loss) income before income tax |  | $ | (127.4 | ) |  | $ | 42.0 |  |  | $ | (132.7 | ) |  | $ | 38.7 |
(1) Operating (loss) 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; 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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + 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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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