Company: ACCO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024931
Chunk: 178

Company: ACCO BRANDS Corp
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 178
---
        6.4

        Equity securities

        20.4

        2.7

        —

        23.1

        Corporate debt securities

        —

        73.6

        —

        73.6

        Multi-strategy hedge funds

        —

        30.2

        —

        30.2

        Insurance contracts

        —

        4.1

        —

        4.1

        Real estate

        —

        3.7

        —

        3.7

        Government debt securities

        —

        131.3

        —

        131.3

        Investments measured at net asset value(6)

        Multi-strategy hedge funds

        24.7

        Real estate

        5.9

        Private equity

        21.9

        Total
         
        $
        26.8

        $
        245.6

        $
        —

        $
        324.9

       Equity securities and exchange traded funds: The fair values of equity securities are determined by obtaining quoted prices on nationally recognized securities exchanges (level 1 inputs). Debt securities: Fixed income securities, such as corporate and government bonds and other debt securities, consist of index-linked securities. These debt securities are valued using quotes from independent pricing vendors based on recent trading activity and other relevant information, including market interest rate curves, referenced credit spreads, and estimated prepayment rates, where applicable (level 2 inputs). Insurance contracts: Valued at contributions made, plus earnings, less participant withdrawals and administrative expenses, which approximate fair value (level 2 inputs). Multi-strategy hedge funds: The fair values of participation units held in multi-strategy hedge funds are based on their net asset values, as reported by the managers of the funds and are based on the daily closing prices of the underlying investments (level 2 inputs). Real estate: Real estate consists of managed real estate investment trust securities (level 2 inputs). Cash Contributions We contributed $17.8 million to our pension and post-retirement plans in 2024 and expect to contribute approximately $16.0 million in 2025. 

67

 ACCO Brands Corporation and SubsidiariesNotes to Consolidated Financial Statements (Continued) 

The following table presents estimated future benefit payments to participants for the next ten fiscal years: 

        (in millions)
         
        Pension Benefits