Company: ACCO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024931
Chunk: 139

Company: ACCO BRANDS Corp
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 139
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 debt service in both the short and long-term. Our future operating performance is dependent on many factors, some of which are beyond our control, including prevailing economic, financial and industry conditions. For further information on these risks, see "Part I, Item1A. Risk Factors" of this report.

Off-Balance-Sheet Arrangements and Contractual Financial Obligations

The Company does not have any material off-balance-sheet arrangements that have, or are reasonably likely to have, a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

33

Our contractual obligations and related payments by period as of December 31, 2024 were as follows:

    (in millions)
     
    2025

    2026 - 2027

    2028 - 2029

    Thereafter

    Total

    Debt
     
    $
    51.3

    $
    16.0

    $
    772.4

    $
    —

    $
    839.7

    Interest on debt(1)

    36.5

    69.3

    42.9

    —

    148.7

    Operating lease obligations(2)

    26.2

    38.0

    24.2

    17.8

    106.2

    Purchase obligations(3)

    113.3

    5.5

    —

    —

    118.8

    Transition Toll Tax(4)

    9.6

    —

    —

    —

    9.6

    Other long-term liabilities(5)

    16.0

    15.0

    14.9

    35.8

    81.7

    Total
     
    $
    252.9

    $
    143.8

    $
    854.4

    $
    53.6

    $
    1,304.7

(1)Interest calculated at December 31, 2024, rates for variable rate debt.

(2)For further information on leases, see "Note 4. Leases" to the consolidated financial statements contained in Part II, Item 8. of this report.

(3)Purchase obligations primarily consist of contracts and non-cancelable purchase orders for raw materials