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Information on Operating Segments (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Operating Results for Operating Segments

The operating results regularly provided to the CODM for our operating segments for the three months ended March 31, 2025 and 2024 were as follows:

	For The Three Months Ended March 31, 2025
	ACCO Brands Americas			ACCO Brands International			Total
Net sales	$	173.9		$	143.5		$	317.4
Cost of products sold		120.4			97.4			217.8
Gross profit		53.5			46.1			99.6
Sales and marketing expenses(1)		25.8			22.6			48.4
Administrative expenses(2)		17.7			13.9			31.6
Restructuring		1.8			0.5			2.3
All other(3)		7.3			4.0			11.3
Segment operating income		0.9			5.1			6.0
Corporate expense								12.7
Total consolidated operating loss								(6.7	)
Interest expense (income), net								8.9
Non-operating pension expense								0.5
Other expense, net								0.4
Loss before income tax							$	(16.5	)

	For The Three Months Ended March 31, 2024
	ACCO Brands Americas			ACCO Brands International			Total
Net Sales	$	197.2		$	161.7		$	358.9
Cost of products sold		140.9			107.6			248.5
Gross profit		56.3			54.1			110.4
Sales and marketing expenses(1)		27.0			23.5			50.5
Administrative expenses(2)		16.9			13.8			30.7
Restructuring		—			(0.3	)		(0.3	)
All other(3)		6.3			4.3			10.6
Segment operating income		6.1			12.8			18.9
Corporate expense								13.0
Total consolidated operating income								5.9
Interest expense (income), net								11.4
Non-operating pension expense								0.4
Other income, net								(0.6	)
Loss before income tax							$	(5.3	)

(1)Sales and Marketing consists primarily of advertising, marketing, selling, customer service and research and development.

(2)Admin expense consists primarily of executive, finance, information technology and human resources expenses.

(3)All other expense primarily consists of amortization of intangibles.

Reconciliation of Assets from Segment to Consolidated

The following table presents the measure of operating segment assets used by the Company's CODM as of March 31, 2025 and December 31, 2024:

(in millions)		March 31, 2025				December 31, 2024
ACCO Brands Americas		$	366.6			$	418.0
ACCO Brands International			194.6				201.3
Total segment assets(4)			561.2				619.3
Goodwill			468.7				446.4
Identifiable intangibles, net			713.6				709.6
Property, plant and equipment, net			139.2				137.5
Unallocated assets(5)			385.9				315.6
Total assets		$	2,268.6			$	2,228.4

(4)Segment assets represent assets that are regularly provided to the CODM and consist of accounts receivable less allowances and inventory.

(5)Unallocated assets consist primarily of cash, deferred taxes, derivatives, prepaid pension assets, prepaid debt issuances costs and right of use asset, leases.

Schedule of Capital Spend and Depreciation Expense by Segment

Capital spend by operating segment as of March 31, 2025 and December 31, 2024:

(in millions)		March 31, 2025				December 31, 2024
ACCO Brands Americas		$	3.2			$	10.2
ACCO Brands International			0.9				6.8
Total capital spend		$	4.1			$	17.0

Depreciation expense by operating segment for three months ended March 31, 2025 and 2024 was as follows:

(in millions)		March 31, 2025				March 31, 2024
ACCO Brands Americas		$	4.5			$	5.0
ACCO Brands International			2.2				2.4
Total depreciation		$	6.7			$	7.4

Schedule of Property, Plant and Equipment, Net by Geographic Region

Property, plant, and equipment, net by operating segment as of March 31, 2025 and December 31, 2024:

(in millions)		March 31, 2025				December 31, 2024
U.S.		$	50.5			$	51.1
Canada			0.8				0.9
Latin America			23.9				22.7
ACCO Brands Americas			75.2				74.7
ACCO Brands EMEA			54.8				53.5
Australia/N.Z.			8.6				8.7
Asia-Pacific			0.6				0.6
ACCO Brands International			64.0				62.8
Property, plant and equipment, net		$	139.2			$	137.5

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