Company: ACCO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024931
Chunk: 87

Company: ACCO BRANDS Corp
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 87
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4 million and $870.9 million, each as of December 31, 2024 and 2023, respectively. The fair values are determined from quoted market prices, where available, and from using current interest rates based on credit ratings and the remaining terms of maturity.Non-recurring Fair Value Measurements On a non-recurring basis, we remeasure the fair value of the goodwill of our reporting units and of our trade name indefinite-lived intangibles if an event or circumstance indicates that it is more likely than not that an impairment loss has been incurred. The fair value of our reporting units and trade names are considered Level 3 measurements. Level 3 measurements require significant unobservable inputs that are reflected in our assumptions. See "Note 9. Goodwill and Identifiable Intangible Assets" for more information.

15. Accumulated Other Comprehensive Income (Loss)  AOCI is defined as net income (loss) and other changes in stockholders’ equity from transactions and other events from sources other than stockholders. The components of, and changes in, AOCI were as follows: 

        (in millions)
         
        Derivative Financial Instruments

        Foreign Currency Adjustments

        Unrecognized Pension and Other Post-retirement Benefit Costs

        Accumulated Other Comprehensive Income (Loss)

        Balance at December 31, 2022
         
        $
        1.1

        $
        (380.1
        )
         
        $
        (161.3
        )
         
        $
        (540.3
        )

        Other comprehensive income (loss) before reclassifications, net of tax

        0.2

        30.3

        (20.0
        )

        10.5

        Amounts reclassified from accumulated other comprehensive income (loss), net of tax

        (2.0
        )

        —

        5.5

        3.5

        Balance at December 31, 2023
         
        $
        (0.7
        )
         
        $
        (349.8
        )
         
        $
        (175.8
        )
         
        $
        (526.3
        )

        Other comprehensive income (loss) before reclassifications, net of tax

        3.6

        (66.1
        )

        9.1

        (53.4
        )

        Amounts reclassified from accumulated other comprehensive