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Information on Business Segments (Tables)

9 Months Ended

Sep. 30, 2024

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, 2024 and 2023 were as follows:

		Three Months Ended September 30,								Nine Months Ended September 30,
(in millions)		2024				2023				2024				2023
ACCO Brands Americas		$	259.1			$	284.4			$	748.6			$	850.8
ACCO Brands International			161.8				163.6				469.5				493.4
Net sales		$	420.9			$	448.0			$	1,218.1			$	1,344.2

Schedule of Operating Income (Loss) by Business Segment

Operating income (loss) by business segment for the three and nine months ended September 30, 2024 and 2023 was as follows:

		Three Months Ended September 30,								Nine Months Ended September 30,
(in millions)		2024				2023				2024				2023
ACCO Brands Americas		$	25.9			$	33.8			$	(76.7	)		$	106.5
ACCO Brands International			9.5				9.4				30.1				26.2
Segment operating income (loss)			35.4				43.2				(46.6	)			132.7
Corporate			(9.1	)			(11.0	)			(32.4	)			(35.2	)
Operating income (loss)⁽¹⁾			26.3				32.2				(79.0	)			97.5
Interest expense			13.7				15.6				40.8				45.0
Interest income			(2.0	)			(1.6	)			(6.1	)			(6.2	)
Non-operating pension expense			0.4				0.2				5.6				0.5
Other expense (income), net			0.4				(3.6	)			(0.4	)			(2.1	)
Income (loss) before income tax		$	13.8			$	21.6			$	(118.9	)		$	60.3

(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; 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

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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
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-Topic 280
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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