Company: ACCO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024931
Chunk: 158

Company: ACCO BRANDS Corp
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 158
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 Unrealized gain (loss) on derivative instruments, net of tax (expense) benefit of $(1.1), $0.6 and $1.4, respectively

    2.8

    (1.8
    )

    (2.9
    )

    Foreign currency translation adjustments, net of tax (expense) benefit of $(1.1), $0.8 and $3.8, respectively

    (66.1
    )

    30.3

    (37.9
    )

    Recognition of deferred pension and other post-retirement items, net of tax (expense) benefit of $(6.0), $4.7 and $(15.5), respectively

    17.5

    (14.5
    )

    36.0

    Other comprehensive (loss) income net of tax:

    (45.8
    )

    14.0

    (4.8
    )

    Comprehensive loss
     
    $
    (147.4
    )
     
    $
    (7.8
    )
     
    $
    (18.0
    )

See notes to consolidated financial statements.

48

ACCO Brands Corporation and Subsidiaries

Consolidated Statements of Cash Flows

    Year Ended December 31,

    (in millions)
     
    2024

    2023

    2022

    Operating activities

    Net loss
     
    $
    (101.6
    )
     
    $
    (21.8
    )
     
    $
    (13.2
    )

    Payments of contingent consideration

    —

    —

    (9.2
    )

    Gain on disposal of assets

    (1.8
    )

    (0.3
    )

    (3.6
    )

    Deferred income tax benefit

    (6.9
    )

    (20.1
    )

    1.3

    Change in fair value of contingent liability

    —

    —

    (9.0
    )

    Depreciation

    28.4

    32.7

    37.9

    Amortization of debt issuance costs

    2.8

    3.0

    2.7

    Amortization of intangibles

    44.7

    43.4