ACCO Brands (ACCO) 10-Q 27 Apr 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 21, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	ACCO BRANDS CORP
Entity Central Index Key	712,034
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		106,996,667

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 102.4	$ 55.4
Accounts receivable, net	226.6	369.3
Inventories	260.3	203.6
Other current assets	35	25.3
Total current assets	624.3	653.6
Total property, plant and equipment	532.7	526.1
Less: accumulated depreciation	(324.7)	(317)
Property, plant and equipment, net	208	209.1
Deferred income taxes	25.1	25.1
Goodwill	508.1	496.9
Identifiable intangibles, net	522.6	520.9
Other non-current assets	51.6	47.8
Total assets	1,939.7	1,953.4
Current liabilities:
Current portion of long-term debt	3.3	0
Accounts payable	152.5	147.6
Accrued compensation	21.4	34
Accrued customer program liabilities	78.5	108.7
Accrued interest	14.9	6.3
Other current liabilities	48.8	58.7
Total current liabilities	319.4	355.3
Long-term debt	717.8	720.5
Deferred income taxes	135.4	142.3
Pension and post-retirement benefit obligations	85.1	89.1
Other non-current liabilities	69.3	65
Total liabilities	1,327	1,372.2
Stockholders' equity:
Common stock	1.1	1.1
Treasury stock	(16.9)	(11.8)
Paid-in capital	1,992.8	1,988.3
Accumulated other comprehensive loss	(401.9)	(429.2)
Accumulated deficit	(962.4)	(967.2)
Total stockholders' equity	612.7	581.2
Total liabilities and stockholders' equity	$ 1,939.7	$ 1,953.4

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Net sales		$ 278.1	$ 290
Cost of products sold		195.7	209.8
Gross profit		82.4	80.2
Operating costs and expenses:
Advertising, selling, general and administrative expenses		71.2	72.9
Amortization of intangibles		4.7	5.2
Restructuring credits		0	(0.5)
Total operating costs and expenses		75.9	77.6
Operating income	[1]	6.5	2.6
Non-operating expense (income):
Interest expense		10.7	11.2
Interest income		(1.4)	(1.1)
Equity in earnings of joint ventures		(1.3)	(1.4)
Other expense (income), net		1.1	(0.4)
Loss before income tax		(2.6)	(5.7)
Income tax (benefit) expense		(7.4)	0.1
Net income (loss)		$ 4.8	$ (5.8)
Basic income per share:
Basic income (loss) per share		$ 0.05	$ (0.05)
Diluted income per share:
Diluted income (loss) per share		$ 0.04	$ (0.05)
Weighted average number of shares outstanding:
Basic		106.1	112
Diluted		108.2	112	[2]
[1]	Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less advertising, selling, general and administrative expenses; iv) less amortization of intangibles; and v) less restructuring charges.
[2]	Due to the net loss during the three months ended March 31, 2015, the denominator in the diluted earnings per share calculation does not include the effects of the stock awards for which the average market price for the period exceeds the exercise price, as it would result in a less dilutive computation. As a result, reported diluted earnings per share for the three months ended March 31, 2015 is the same as basic earnings per share.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net income (loss)	$ 4.8	$ (5.8)
Unrealized (loss) gain on derivative financial instruments:
(Loss) gain arising during the period	(3)	4.6
Reclassification of gain included in net income	(0.7)	(5.7)
Foreign currency translation:
Foreign currency translation adjustments	27.4	(77.8)
Pension and other post-retirement plans:
Amortization of actuarial loss included in net income	1	1.1
Amortization of prior service cost included in net income	0.1	0.1
Other	2.2	4.9
Other comprehensive income (loss), before tax	27	(72.8)
Income tax benefit (expense) related to items of other comprehensive income (loss)	0.3	(1.2)
Comprehensive income (loss)	$ 32.1	$ (79.8)

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating activities
Net income (loss)	$ 4.8	$ (5.8)
Loss on disposal of assets	0.1	0.2
Depreciation	7.8	8.5
Amortization of debt issuance costs	0.7	0.9
Amortization of intangibles	4.7	5.2
Stock-based compensation	3.3	3
Equity in earnings of joint ventures, net of dividends received	(0.9)	2.1
Changes in balance sheet items:
Accounts receivable	153	157.2
Inventories	(53)	(52.8)
Other assets	(9.2)	(5.2)
Accounts payable	2.5	(2.6)
Accrued expenses and other liabilities	(49.1)	(55.5)
Accrued income taxes	(13.1)	(5.3)
Net cash provided by operating activities	51.6	49.9
Investing activities
Additions to property, plant and equipment	(3.9)	(8.7)
Proceeds from the disposition of assets	0	0.1
Net cash used by investing activities	(3.9)	(8.6)
Financing activities
Borrowings of notes payable, net	0	19.8
Repurchases of common stock	0	(14.6)
Payments related to tax withholding for share-based compensation	(5)	(4.8)
Excess tax benefit from share-based compensation	0.9	0
Proceeds from the exercise of stock options	0.3	0
Net cash (used) provided by financing activities	(3.8)	0.4
Effect of foreign exchange rate changes on cash and cash equivalents	3.1	(4.1)
Net increase in cash and cash equivalents	47	37.6
Cash and cash equivalents
Beginning of the period	55.4	53.2
End of the period	$ 102.4	$ 90.8

Basis Of Presentation

Basis Of Presentation	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis Of Presentation	1. Basis of Presentation As used in this Quarterly Report on Form 10-Q for the quarter ended March 31, 2016 , the terms "ACCO Brands," "ACCO," the "Company," "we," "us," and "our" refer to ACCO Brands Corporation and its consolidated subsidiaries. The management of ACCO Brands Corporation is responsible for the accuracy and internal consistency of the preparation of the condensed consolidated financial statements and notes contained in this Quarterly Report on Form 10-Q. The condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the SEC. Although the Company believes the disclosures are adequate to make the information presented not misleading, certain information and note disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the U.S. ("U.S. GAAP") have been condensed or omitted pursuant to those rules and regulations. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 . The Condensed Consolidated Balance Sheet as of March 31, 2016 , the related Consolidated Statements of Operations and the Consolidated Statements of Comprehensive Income (Loss) for the three months ended March 31, 2016 and 2015 and Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2016 and 2015 are unaudited. The December 31, 2015 Condensed Consolidated Balance Sheet data was derived from audited financial statements, but does not include all annual disclosures required by U.S. GAAP. The above referenced financial statements included herein were prepared by management on the same basis as the Company's audited consolidated financial statements for the year ended December 31, 2015 and reflect all adjustments (consisting solely of normal recurring items unless otherwise noted) which are, in the opinion of management, necessary for the fair presentation of results of operations and cash flows for the interim periods ended March 31, 2016 and 2015 , and the financial position of the Company as of March 31, 2016 . Interim results may not be indicative of results for a full year. The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported assets and liabilities at the date of the financial statements and the reported revenues and expenses during the reporting periods. Actual results could differ from those estimates.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	2. Recent Accounting Pronouncement In March 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-09, Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). The standard update simplifies the accounting for employee share-based payments and involves several aspects of the accounting for share-based transactions, including the potential timing of expenses, the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. ASU 2016-09 is effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption is permitted for any entity in any interim or annual period. The Company is in the process of evaluating the impact of adoption of ASU 2016-09 on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) ("ASU 2016-02"). The standard will require the recognition, on the balance sheet, of most leases as lease assets (right-of-use assets) and lease liabilities by lessees for those leases classified as operating leases under previous U.S. GAAP. The standard also includes increased disclosures to meet the objective of enabling users of financial statements to understand more about the nature of an entity’s leasing activities. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted and adoption of ASU 2016-02 is to be done on a modified retrospective basis. The Company is in the process of evaluating the impact of adoption of ASU 2016-02 on its consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory ("ASU 2015-11"). The standard applies to inventory that is measured using first-in, first-out (FIFO) or average cost. An entity should measure inventory within the scope of ASU 2015-11 at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The amendments in ASU 2015-11 more closely align the measurement of inventory in U.S. GAAP with the measurement of inventory in International Financial Reporting Standards (IFRS). ASU 2015-11 is effective for fiscal years beginning after December 15, 2016. The Company is in the process of evaluating the impact of adoption of ASU 2015-11 on its consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"). The standard provides companies with a single model for use in accounting for revenue arising from contracts with customers and supersedes current revenue recognition guidance, including industry-specific revenue guidance. The core principle of the model is to recognize revenue when control of the goods or services transfers to the customer, as opposed to recognizing revenue when the risks and rewards transfer to the customer under the existing revenue guidance. The guidance permits companies to either apply the requirements retrospectively to all prior periods presented, or apply the requirements in the year of adoption, through a cumulative adjustment. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers ("ASU 2015-14") deferring by one year the effective date of ASU 2014-09 until reporting periods beginning after December 15, 2017, with early adoption permitted for annual reporting periods beginning on or after December 15, 2016, and interim periods within those annual periods. In March 2016, the FASB issued ASU No. 2016-08, Principal versus Agent Considerations (Reporting Revenue Gross versus Net) ("ASU 2016-08"). The amendments in ASU 2016-08 affect ASU 2014-09 and are related to the principal versus agent considerations implementation guidance in ASU 2014-09. The Company is currently in the process of evaluating the impact of adoption these ASUs on the Company’s consolidated financial statements.

Long-Term Debt And Short-Term B

Long-Term Debt And Short-Term Borrowings	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Long-Term Debt And Short-Term Borrowings	3. Long-term Debt and Short-term Borrowings Notes payable and long-term debt, listed in order of their security interests, consisted of the following as of March 31, 2016 and December 31, 2015 : (in millions of dollars) March 31, December 31, U.S. Dollar Senior Secured Term Loan A, due April 2020 (floating interest rate of 2.13% at March 31, 2016 and 1.88% at December 31, 2015) $ 229.0 $ 229.0 Senior Unsecured Notes, due April 2020 (fixed interest rate of 6.75%) 500.0 500.0 Total debt 729.0 729.0 Less: Current portion 3.3 — Debt issuance costs, unamortized 7.9 8.5 Long-term debt, net $ 717.8 $ 720.5 As of March 31, 2016 , there were no borrowings under the revolving credit facility. The amount available for borrowings was $291.8 million (allowing for $8.2 million of letters of credit outstanding on that date). As more fully described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 , we must meet certain restrictive debt covenants under the senior secured credit facilities. The indenture governing the senior unsecured notes also contains certain covenants. As of and for the period ended March 31, 2016 and December 31, 2015 , the Company was in compliance with all applicable loan covenants.

Pension And Other Retiree Benef

Pension And Other Retiree Benefits	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Pension And Other Retiree Benefits	4. Pension and Other Retiree Benefits The components of net periodic benefit (income) cost for pension and post-retirement plans for the three months ended March 31, 2016 and 2015 were as follows: Three Months Ended March 31, Pension Benefits Post-retirement U.S. International (in millions of dollars) 2016 2015 2016 2015 2016 2015 Service cost $ 0.3 $ 0.4 $ 0.2 $ 0.2 $ — $ — Interest cost 1.8 2.2 2.7 3.2 0.1 — Expected return on plan assets (3.0 ) (3.1 ) (4.6 ) (5.4 ) — — Amortization of net loss (gain) 0.5 0.5 0.6 0.6 (0.1 ) — Amortization of prior service cost 0.1 0.1 — — — — Curtailment gain — — — — — (0.2 ) Settlement gain — — — — — (0.3 ) Net periodic benefit (income) cost $ (0.3 ) $ 0.1 $ (1.1 ) $ (1.4 ) $ — $ (0.5 ) We expect to contribute approximately $6.7 million to our defined benefit plans in 2016 . For the three months ended March 31, 2016 , we have contributed $1.6 million to these plans.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	5. Stock-Based Compensation The following table summarizes the our stock-based compensation expense (including stock options, restricted stock units ("RSUs") and performance stock units ("PSUs")) for the three months ended March 31, 2016 and 2015 : Three Months Ended March 31, (in millions of dollars) 2016 2015 Stock option compensation expense $ 0.9 $ 0.9 RSU compensation expense 1.0 1.2 PSU compensation expense 1.4 0.9 Total stock-based compensation expense $ 3.3 $ 3.0 During the first quarter of 2016 , the Company's Board of Directors approved a stock compensation grant, which consisted of 424,975 RSUs and 1,005,909 PSUs. We generally recognize compensation expense for stock-based awards ratably over the vesting period. The following table summarizes our unrecognized compensation expense and the weighted-average period over which the expense will be recognized as of March 31, 2016 : March 31, 2016 Unrecognized Weighted Average Compensation Years Expense To Be (in millions of dollars, except weighted average years) Expense Recognized Over Stock options $3.6 1.6 RSUs $6.1 2.1 PSUs $12.2 2.1

Inventories

Inventories	3 Months Ended
	Mar. 31, 2016
Inventory Disclosure [Abstract]
Inventories	6. Inventories Inventories are stated at the lower of cost or market value. The components of inventories were as follows: (in millions of dollars) March 31, December 31, Raw materials $ 42.8 $ 33.3 Work in process 3.2 2.6 Finished goods 214.3 167.7 Total inventories $ 260.3 $ 203.6

Goodwill And Identifiable Intan

Goodwill And Identifiable Intangibles	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Identifiable Intangibles	7. Goodwill and Identifiable Intangible Assets Goodwill As more fully described in the Company’s 2015 Annual Report on Form 10-K, we test goodwill for impairment at least annually and on an interim basis if an event or circumstance indicates that it is more likely than not that an impairment loss has been incurred. The Company performed this annual assessment, on a qualitative basis, as allowed by U.S. GAAP, in the second quarter of 2015 and concluded that no impairment existed. Changes in the net carrying amount of goodwill by segment were as follows: (in millions of dollars) ACCO ACCO Computer Total Balance at December 31, 2015 $ 377.5 $ 112.6 $ 6.8 $ 496.9 Translation 3.6 7.6 — 11.2 Balance at March 31, 2016 $ 381.1 $ 120.2 $ 6.8 $ 508.1 Goodwill $ 512.0 $ 204.4 $ 6.8 $ 723.2 Accumulated impairment losses (130.9 ) (84.2 ) — (215.1 ) Balance at March 31, 2016 $ 381.1 $ 120.2 $ 6.8 $ 508.1 Identifiable Intangible Assets The gross carrying value and accumulated amortization by class of identifiable intangible assets as of March 31, 2016 and December 31, 2015 were as follows: March 31, 2016 December 31, 2015 (in millions of dollars) Gross Accumulated Net Gross Accumulated Net Indefinite-lived intangible assets: Trade names $ 477.4 $ (44.5 ) (1) $ 432.9 $ 471.8 $ (44.5 ) (1) $ 427.3 Amortizable intangible assets: Trade names 122.9 (63.7 ) 59.2 122.6 (61.7 ) 60.9 Customer and contractual relationships 96.0 (66.4 ) 29.6 94.9 (63.1 ) 31.8 Patents/proprietary technology 0.9 — 0.9 0.9 — 0.9 Subtotal 219.8 (130.1 ) 89.7 218.4 (124.8 ) 93.6 Total identifiable intangibles $ 697.2 $ (174.6 ) $ 522.6 $ 690.2 $ (169.3 ) $ 520.9 (1) Accumulated amortization prior to the adoption of authoritative guidance on goodwill and indefinite-lived intangible assets, at which time further amortization ceased. The Company’s intangible amortization expense was $4.7 million and $5.2 million for the three months ended March 31, 2016 and 2015 , respectively. Estimated amortization expense for amortizable intangible assets as of March 31, 2016 for the current year and the next five years are as follows: (in millions of dollars) 2016 2017 2018 2019 2020 2021 Estimated amortization expense (1) $ 17.1 $ 14.0 $ 11.8 $ 9.7 $ 7.6 $ 5.6 (1) Actual amounts of amortization expense may differ from estimated amounts due to changes in foreign currency exchange rates, additional intangible asset acquisitions, impairment of intangible assets, accelerated amortization of intangible assets and other events. We test indefinite-lived intangibles for impairment at least annually and on an interim basis if an event or circumstance indicates that it is more likely than not that an impairment loss has been incurred. We performed this annual assessment, on a qualitative basis, as allowed by U.S. GAAP, in the second quarter of 2015 and concluded that no impairment existed. In the fourth quarter of 2015 we performed a quantitative test (Step 1), as we identified a trigger event related to our trade name primarily used in Brazil. While we concluded that no impairment existed, the trade name's fair value has been significantly reduced. Key financial assumptions utilized to determine the fair value of our trade name primarily used in Brazil included a long-term growth rate of 6.5% and a 14.5% discount rate. The fair values of certain other indefinite-lived trade names are also not substantially above their carrying values. As of March 31, 2016 the aggregate carrying value of indefinite-lived trade names not substantially above their fair values was $182.3 million .

Restructuring

Restructuring	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring	8. Restructuring During 2014 and in years prior, we initiated restructuring actions that further enhanced our ongoing efforts to centralize, control and streamline our global and regional operational, supply chain and administrative functions, primarily associated with our North American school, office and Computer Products Group workforce. We recorded $0.0 million and $0.5 million of income for the three months ended March 31, 2016 and 2015 , respectively. Employee termination income in 2015 relates to the release of reserves no longer required. A summary of the activity in the restructuring accounts for the three months ended March 31, 2016 was as follows: (in millions of dollars) Balance at December 31, 2015 (Income)/ Provision Cash Non-cash Balance at March 31, 2016 Employee termination costs $ 0.9 $ — $ (0.4 ) $ — $ 0.5 Termination of lease agreements 0.1 — (0.1 ) — — Total restructuring liability $ 1.0 $ — $ (0.5 ) $ — $ 0.5

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	9. Income Taxes The reconciliation of income taxes for the three month periods ended March 31, 2016 and 2015 , computed at the U.S. federal statutory income tax rate, compared to our effective income tax rate, was as follows: Three Months Ended March 31, (in millions of dollars) 2016 2015 Income tax benefit computed at U.S. statutory income tax rate (35%) $ (0.9 ) $ (2.0 ) Interest on Brazilian Tax Assessment 0.6 0.7 Realized foreign exchange loss on intercompany loan (7.4 ) — Miscellaneous 0.3 1.4 Income tax (benefit) expense as reported $ (7.4 ) $ 0.1 Effective tax rate 284.6 % (1.8 )% For the three months ended March 31, 2016 , we recorded an income tax benefit of $7.4 million on a loss before taxes of $2.6 million . For the three months ended March 31, 2015 , we reported an income tax expense of $0.1 million on a loss before taxes of $5.7 million . The high effective tax rate in 2016 is due to a tax loss on foreign exchange on the repayment of an intercompany loan, for which the pre-tax effect is recorded in equity. The U.S. federal statute of limitations remains open for the year 2012 and forward. Foreign and U.S. state jurisdictions have statutes of limitations generally ranging from 2 to 5 years. Years still open to examination by foreign tax authorities in major jurisdictions include Australia ( 2011 forward), Brazil ( 2010 forward), Canada ( 2007 forward) and the U.K. ( 2014 forward). We are currently under examination in certain foreign jurisdictions. Income Tax Assessment In connection with our May 1, 2012 acquisition of Mead Consumer and Office Products Business ("Mead C&OP") we assumed all of the tax liabilities for the acquired foreign operations including Tilibra Produtos de Papelaria Ltda. ("Tilibra"). In December of 2012, the Federal Revenue Department of the Ministry of Finance of Brazil ("FRD") issued a tax assessment (the "Brazilian Tax Assessment") against Tilibra, which challenged the tax deduction of goodwill from Tilibra's taxable income for the year 2007. A second assessment challenging the deduction of goodwill from Tilibra's taxable income for the years 2008, 2009 and 2010 was issued by FRD in October 2013. Tilibra is disputing both of the tax assessments through established administrative procedures. We believe we have meritorious defenses and intend to vigorously contest these matters; however, there can be no assurances that we will ultimately prevail. We are still in the administrative stages of the process to challenge the FRD's tax assessments, and the ultimate outcome will not be determined until the Brazilian tax appeal process is complete, which is expected to take a number of years. In addition, Tilibra's 2011-2012 tax years remain open and subject to audit, and there can be no assurances that we will not receive additional tax assessments regarding the goodwill for one or both of those years. The time limit for issuing an assessment for 2011 expires in December 2016. If the FRD's initial position is ultimately sustained, the amount assessed would materially and adversely affect our cash flow in the year of settlement. Because there is no settled legal precedent on which to base a definitive opinion as to whether we will ultimately prevail, we consider the outcome of this dispute to be uncertain. Since it is not more likely than not that we will prevail, in 2012, we recorded a reserve in the amount of $44.5 million (at December 31, 2012 exchange rates) in consideration of this contingency, of which $43.3 million was recorded as an adjustment to the purchase price and which included the 2007-2012 tax years plus penalties and interest through December 2012. Included in this reserve is an assumption of penalties at 75% , which is the standard penalty. While there is a possibility that a penalty of 150% could be imposed, based on the facts in our case and existing precedent, we believe the likelihood of a 150% penalty being imposed is not more likely than not. In the meantime, we will continue to actively monitor administrative and judicial court decisions and evaluate their impact, if any, on our legal assessment of the ultimate outcome of our case. In addition, we will continue to accrue interest related to this contingency until such time as the outcome is known or until evidence is presented that we are more likely than not to prevail. During the three months ended March 31, 2016 and 2015 , we accrued additional interest as a charge to current tax expense of $0.6 million and $0.7 million , respectively. At current exchange rates, our accrual through March 31, 2016 , including tax, penalties and interest is $31.5 million .

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	10. Earnings per Share Total outstanding shares as of March 31, 2016 and 2015 were 107.0 million and 110.9 million , respectively. Under our stock repurchase program, for the three months ended March 31, 2015 we repurchased and retired 2.1 million shares of common stock. No shares were repurchased during the three months ended March 31, 2016 . In addition, for the three months ended March 31, 2016 and 2015 we acquired 0.7 million and 0.6 million , respectively, of treasury shares, related to tax withholding for share-based compensation. The calculation of basic earnings per common share is based on the weighted average number of common shares outstanding in the year, or period, over which they were outstanding. Our calculation of diluted earnings per common share assumes that any common shares outstanding were increased by shares that would be issued upon exercise of those stock units for which the average market price for the period exceeds the exercise price less the shares that could have been purchased by the Company with the related proceeds, including compensation expense measured but not yet recognized, net of tax. Three Months Ended March 31, (in millions) 2016 2015 Weighted-average number of common shares outstanding — basic 106.1 112.0 Stock options 0.1 — Stock-settled stock appreciation rights 0.1 — Restricted stock units 1.9 — Adjusted weighted-average shares and assumed conversions — diluted (1) 108.2 112.0 (1) Due to the net loss during the three months ended March 31, 2015 , the denominator in the diluted earnings per share calculation does not include the effects of the stock awards for which the average market price for the period exceeds the exercise price, as it would result in a less dilutive computation. As a result, reported diluted earnings per share for the three months ended March 31, 2015 is the same as basic earnings per share. Awards of potentially dilutive shares of common stock, which have exercise prices that were higher than the average market price during the period, are not included in the computation of dilutive earnings per share as their effect would have been anti-dilutive. For the three months ended March 31, 2016 and 2015 , these shares were approximately 7.1 million and 9.8 million , respectively.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	11. Derivative Financial Instruments We are exposed to various market risks, including changes in foreign currency exchange rates and interest rate changes. We enter into financial instruments to manage and reduce the impact of these risks, not for trading or speculative purposes. The counterparties to these financial instruments are major financial institutions. We continually monitor our foreign currency exposures in order to maximize the overall effectiveness of our foreign currency hedge positions. Principal currencies hedged include the U.S. dollar, Euro, Australian dollar, Canadian dollar, British pound and Japanese Yen. We are subject to credit risk, which relates to the ability of counterparties to meet their contractual payment obligations or the potential non-performance by counterparties to financial instrument contracts. Management continues to monitor the status of our counterparties and will take action, as appropriate, to further manage our counterparty credit risk. There are no credit contingency features in our derivative financial instruments. When hedge accounting is applicable, on the date we enter into a derivative, the derivative is designated as a hedge of the identified exposure. We measure the effectiveness of our hedging relationships both at hedge inception and on an ongoing basis. Forward Currency Contracts We enter into forward foreign currency contracts to reduce the effect of fluctuating foreign currencies, primarily on foreign denominated inventory purchases and intercompany loans. The majority of the Company’s exposure to local currency movements is in Europe, Australia, Canada, Brazil, Mexico and Japan. Forward currency contracts are used to hedge foreign denominated inventory purchases for Europe, Australia, Canada and Japan and are designated as cash flow hedges. Unrealized gains and losses on these contracts for inventory purchases are deferred in other comprehensive income (loss) until the contracts are settled and the underlying hedged transactions are recognized, at which time the deferred gains or losses will be reported in the " Cost of products sold " line in the " Consolidated Statements of Operations ." As of March 31, 2016 and December 31, 2015 , we had cash-flow-designated foreign exchange contracts outstanding with a U.S. dollar equivalent notional value of $69.2 million and $68.2 million , respectively. Forward currency contracts used to hedge foreign denominated intercompany loans are not designated as hedging instruments. Gains and losses on these derivative instruments are recognized within " Other expense (income), net " in the " Consolidated Statements of Operations " and are largely offset by the change in the current translated value of the hedged item. In the first of quarter of 2016, we also took out a forward currency contract to hedge an expected intercompany dividend, which also was not designated as a hedging instrument. The periods of the forward foreign exchange contracts correspond to the periods of the hedged transactions, and do not extend beyond March 2017 . As of March 31, 2016 and December 31, 2015 , we had undesignated foreign exchange contracts outstanding with a U.S. dollar equivalent notional value of $136.1 million and $33.3 million , respectively. The following table summarizes the fair value of our derivative financial instruments as of March 31, 2016 and December 31, 2015 : Fair Value of Derivative Instruments Derivative Assets Derivative Liabilities (in millions of dollars) Balance Sheet March 31, 2016 December 31, Balance Sheet March 31, 2016 December 31, Derivatives designated as hedging instruments: Foreign exchange contracts Other current assets $ — $ 1.9 Other current liabilities $ 3.3 $ 0.3 Derivatives not designated as hedging instruments: Foreign exchange contracts Other current assets 0.6 0.7 Other current liabilities 2.1 0.1 Total derivatives $ 0.6 $ 2.6 $ 5.4 $ 0.4 The following tables summarize the pre-tax effect of our derivative financial instruments on the condensed consolidated financial statements for the three months ended March 31, 2016 and 2015 : The Effect of Derivative Instruments in Cash Flow Hedging Relationships on the Consolidated Financial Statements Amount of Gain (Loss) Recognized in OCI (Effective Portion) Location of (Gain) Loss Reclassified from OCI to Income Amount of (Gain) Loss Three Months Ended March 31, Three Months Ended March 31, (in millions of dollars) 2016 2015 2016 2015 Cash flow hedges: Foreign exchange contracts $ (0.3 ) $ 4.6 Cost of products sold $ (0.7 ) $ (5.7 ) The Effect of Derivatives Not Designated as Hedging Instruments on the Condensed Consolidated Statements of Operations Location of (Gain) Loss Recognized in Amount of (Gain) Loss Three Months Ended March 31, (in millions of dollars) 2016 2015 Foreign exchange contracts Other expense (income), net $ 0.6 $ 0.9

Fair Value Of Financial Instrum

Fair Value Of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Of Financial Instruments	12. Fair Value of Financial Instruments In establishing a fair value, there is a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The basis of the fair value measurement is categorized in three levels, in order of priority, as described below: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities Level 2 Unadjusted quoted prices in active markets for similar assets or liabilities, or Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or Inputs other than quoted prices that are observable for the asset or liability Level 3 Unobservable inputs for the asset or liability We utilize the best available information in measuring fair value. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. We have determined that our financial assets and liabilities are Level 2 in the fair value hierarchy. The following table sets forth our financial assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2016 and December 31, 2015 : (in millions of dollars) March 31, December 31, Assets: Forward currency contracts $ 0.6 $ 2.6 Liabilities: Forward currency contracts $ 5.4 $ 0.4 Our forward currency contracts are included in " Other current assets " or " Other current liabilities " and mature within 12 months. The forward foreign currency exchange contracts are primarily valued based on the foreign currency spot and forward rates quoted by the banks or foreign currency dealers. As such, these derivative instruments are classified within Level 2. The fair values of cash and cash equivalents, notes payable to banks, accounts receivable and accounts payable approximate carrying amounts due principally to their short maturities. The carrying amount of total debt was $729.0 million and $729.0 million and the estimated fair value of total debt was $754.3 million and $740.3 million at March 31, 2016 and December 31, 2015 , respectively. The fair values are determined from quoted market prices, where available, and from investment bankers using current interest rates considering credit ratings and the remaining time to maturity.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	13. Accumulated Other Comprehensive Income (Loss) Comprehensive income 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, accumulated other comprehensive income (loss), net of tax were as follows: (in millions of dollars) Derivative Unrecognized Accumulated Balance at December 31, 2015 $ 0.8 $ (302.7 ) $ (127.3 ) $ (429.2 ) Other comprehensive income (loss) before reclassifications, net of tax (2.0 ) 27.4 1.7 27.1 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (0.5 ) — 0.7 0.2 Balance at March 31, 2016 $ (1.7 ) $ (275.3 ) $ (124.9 ) $ (401.9 ) The reclassifications out of accumulated other comprehensive income (loss) for the three months ended March 31, 2016 and 2015 were as follows: Three Months Ended March 31, 2016 2015 (in millions of dollars) Amount Reclassified from Accumulated Other Comprehensive Income Location on Income Statement Details about Accumulated Other Comprehensive Income Components Gain on cash flow hedges: Foreign exchange contracts $ 0.7 $ 5.7 Cost of products sold Tax expense (0.2 ) (1.7 ) Income tax (benefit) expense Net of tax $ 0.5 $ 4.0 Defined benefit plan items: Amortization of actuarial loss $ (1.0 ) $ (1.1 ) (1) Amortization of prior service cost (0.1 ) (0.1 ) (1) Total before tax (1.1 ) (1.2 ) Tax benefit 0.4 0.8 Income tax (benefit) expense Net of tax $ (0.7 ) $ (0.4 ) Total reclassifications for the period, net of tax $ (0.2 ) $ 3.6 (1) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for pension and post-retirement plans (See " Note 4. Pension and Other Retiree Benefits " for additional details).

Information On Business Segment

Information On Business Segments	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Information on Business Segments	14. Information on Business Segments ACCO Brands is one of the world's largest designers, marketers and manufacturers of branded business, academic and consumer products. The Company’s three business segments are described below. ACCO Brands North America and ACCO Brands International ACCO Brands North America and ACCO Brands International design, market, source, manufacture and sell traditional office products, academic supplies and calendar products. ACCO Brands North America comprises the U.S. and Canada, and ACCO Brands International comprises the rest of the world, primarily Northern Europe, Brazil, Australia and Mexico. Our business, academic and calendar product lines use name brands such as AT-A-GLANCE ® , Day-Timer ® , Five Star ® , GBC ® , Hilroy, Marbig, Mead ® , NOBO, Quartet ® , Rexel, Swingline ® , Tilibra ® , Wilson Jones ® and many others. Products and brands are not confined to one channel or product category and are sold based on end-user preference in each geographic location. The majority of our office products, such as stapling, binding and laminating equipment and related consumable supplies, shredders and whiteboards, are used by businesses. Most of these end-users purchase their products from our customers, which include traditional office supply resellers, wholesalers and other retailers, including on-line retailers. We also supply some of our products directly to large commercial and industrial end-users, and provide business machine maintenance and certain repair services. Additionally, we also supply private label products within the office products sector. Our academic products include notebooks, folders, decorative calendars and stationery products. We distribute our academic products primarily through mass merchandisers, and other retailers, such as grocery, drug and office superstores as well as on-line retailers. We also supply private label products within the academic products sector. Our calendar products are sold through all the same channels where we sell office or school products, as well as directly to consumers both on-line and through direct mail. Our customers are primarily large global and regional resellers of our products including traditional office supply resellers, wholesalers and other retailers, including on-line retailers. Mass merchandisers and retail channels primarily sell to individual consumers but also to small businesses. We also sell to commercial contract dealers, wholesalers, distributors and independent dealers who primarily serve business end-users. Over half of our product sales by our customers are to business end-users, who generally seek premium products that have added value or ease-of-use features and a reputation for reliability, performance and professional appearance. Some of our binding and laminating equipment products are sold directly to high-volume end-users and commercial reprographic centers. We also sell our directly to consumers. Computer Products Group Our Computer Products Group designs, sources, distributes, markets and sells accessories for laptop and desktop computers and tablets. These accessories primarily include security products, input devices such as presenters, mice and trackballs, ergonomic aids such as foot and wrist rests, docking station, and other PC and tablet accessories. We sell these products mostly under the Kensington ® , Microsaver ® and ClickSafe ® brand names, with the majority of revenue coming from the U.S. and Northern Europe. Our computer products are manufactured by third-party suppliers, principally in Asia, and are distributed from our regional facilities. Our computer products are sold primarily to consumer electronics retailers, information technology value-added resellers, original equipment manufacturers, and office products retailers, as well as directly to consumers on-line. Net sales by business segment for the three months ended March 31, 2016 and 2015 were as follows: Three Months Ended March 31, (in millions of dollars) 2016 2015 ACCO Brands North America $ 165.7 $ 166.7 ACCO Brands International 85.3 94.6 Computer Products Group 27.1 28.7 Net sales $ 278.1 $ 290.0 Operating income by business segment for the three months ended March 31, 2016 and 2015 was as follows: Three Months Ended March 31, (in millions of dollars) 2016 2015 ACCO Brands North America $ 10.3 $ 5.6 ACCO Brands International 3.8 3.3 Computer Products Group 1.7 2.0 Segment operating income 15.8 10.9 Corporate (9.3 ) (8.3 ) Operating income (a) 6.5 2.6 Interest expense 10.7 11.2 Interest income (1.4 ) (1.1 ) Equity in earnings of joint ventures (1.3 ) (1.4 ) Other expense (income), net 1.1 (0.4 ) Loss before income tax $ (2.6 ) $ (5.7 ) (a) Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less advertising, selling, general and administrative expenses; iv) less amortization of intangibles; and v) less restructuring charges.

Joint-Venture Investments

Joint-Venture Investments	3 Months Ended
	Mar. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]
Joint-Venture Investments	15. Joint-Venture Investment Summarized below is the financial information for the Company’s joint-venture, Pelikan Artline Pty Limited, in which we own a 50% interest and which is accounted for under the equity method. Accordingly, we record our proportionate share of earnings or losses on the line entitled " Equity in earnings of joint ventures " in the " Consolidated Statements of Operations ." Our share of the net assets of the joint venture is included within " Other non-current assets " in the "Condensed Consolidated Balance Sheets." On March 21, 2016, the Company announced that it had signed a definitive agreement to acquire the remaining 50% of Pelikan Artline Pty Limited. The closing of the transaction is subject to customary closing conditions, including the receipt of certain consents and is currently expected to occur in the second quarter of 2016. Three Months Ended March 31, (in millions of dollars) 2016 2015 Net sales $ 26.0 $ 24.1 Gross profit 9.8 9.9 Net income 2.5 2.9 (in millions of dollars) March 31, December 31, Current assets $ 76.3 $ 76.6 Non-current assets 45.8 43.6 Current liabilities 33.6 37.5 Non-current liabilities 13.0 13.1

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	16. Commitments and Contingencies Pending Litigation - Brazil Tax Assessment In connection with our May 1, 2012 acquisition of Mead C&OP we assumed all of the tax liabilities for the acquired foreign operations. See " Note 9. Income Taxes - Income Tax Assessment " for details on tax assessments issued by the FRD against our acquired indirect subsidiary, Tilibra, which challenged the tax deduction of goodwill from Tilibra's taxable income for the years 2007 through 2010. Other Pending Litigation There are various other claims, lawsuits and pending actions against us incidental to our operations. It is the opinion of management that (other than the Brazilian Tax Assessment) the ultimate resolution of these matters will not have a material adverse effect on our consolidated financial condition, results of operations or cash flow. However, there is no assurance that we will ultimately be successful in our defense of any of these matters or that an adverse outcome in any matter will not affect our results of operations, financial condition or cash flow. Environmental We are subject to national, state, provincial and/or local environmental laws and regulations concerning the discharge of materials into the environment and the handling, disposal and clean-up of waste materials and otherwise relating to the protection of the environment. It is not possible to quantify with certainty the potential impact of actions regarding environmental matters, particularly remediation and other compliance efforts that we may undertake in the future. In the opinion of our management, compliance with the present environmental protection laws, before taking into account estimated recoveries from third parties, will not have a material adverse effect upon our capital expenditures, financial condition and results of operations or competitive position.

Condensed Consolidating Financi

Condensed Consolidating Financial Information	3 Months Ended
	Mar. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Financial Information	17. Condensed Consolidating Financial Information Certain of the Company’s 100% owned domestic subsidiaries are required to jointly and severally, fully and unconditionally guarantee the 6.75% Senior Unsecured Notes that are due in the year 2020. Rather than filing separate financial statements for each guarantor subsidiary with the SEC, the Company has elected to present the following condensed consolidating financial statements, which includes the condensed consolidating statements of comprehensive income and results of operations for the three months ended March 31, 2016 and 2015 , cash flows for the three months ended March 31, 2016 , and 2015 , and financial position as of March 31, 2016 and December 31, 2015 of the Company and its guarantor and non-guarantor subsidiaries (in each case carrying investments under the equity method), and the eliminations necessary to arrive at the reported amounts included in the condensed consolidated financial statements of the Company. Condensed Consolidating Balance Sheets (Unaudited) March 31, 2016 (in millions of dollars) Parent Guarantors Non-Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 3.7 $ 20.3 $ 78.4 $ — $ 102.4 Accounts receivable, net — 94.9 131.7 — 226.6 Inventories — 166.8 93.5 — 260.3 Receivables from affiliates 11.4 472.2 61.6 (545.2 ) — Other current assets 2.1 16.0 16.9 — 35.0 Total current assets 17.2 770.2 382.1 (545.2 ) 624.3 Property, plant and equipment, net 4.1 103.7 100.2 — 208.0 Deferred income taxes — — 25.1 — 25.1 Goodwill — 330.8 177.3 — 508.1 Identifiable intangibles, net 57.4 378.0 87.2 — 522.6 Other non-current assets 2.9 1.0 47.7 — 51.6 Investment in, long-term receivable from affiliates 1,567.7 902.8 441.0 (2,911.5 ) — Total assets $ 1,649.3 $ 2,486.5 $ 1,260.6 $ (3,456.7 ) $ 1,939.7 Liabilities and Stockholders’ Equity Current liabilities: Current portion of long-term debt $ 3.3 $ — $ — $ — $ 3.3 Accounts payable 0.3 94.5 57.7 — 152.5 Accrued compensation 1.1 10.2 10.1 — 21.4 Accrued customer programs liabilities — 41.4 37.1 — 78.5 Accrued interest 14.9 — — — 14.9 Other current liabilities 3.8 20.3 24.7 — 48.8 Payables to affiliates 10.1 210.6 239.2 (459.9 ) — Total current liabilities 33.5 377.0 368.8 (459.9 ) 319.4 Long-term debt, net 717.8 — — — 717.8 Long-term notes payable to affiliates 178.2 26.7 — (204.9 ) — Deferred income taxes 102.0 — 33.4 — 135.4 Pension and post-retirement benefit obligations 1.5 54.3 29.3 — 85.1 Other non-current liabilities 3.6 20.3 45.4 — 69.3 Total liabilities 1,036.6 478.3 476.9 (664.8 ) 1,327.0 Stockholders’ equity: Common stock 1.1 448.1 224.0 (672.1 ) 1.1 Treasury stock (16.9 ) — — — (16.9 ) Paid-in capital 1,992.8 1,551.1 743.0 (2,294.1 ) 1,992.8 Accumulated other comprehensive loss (401.9 ) (68.7 ) (278.3 ) 347.0 (401.9 ) (Accumulated deficit) retained earnings (962.4 ) 77.7 95.0 (172.7 ) (962.4 ) Total stockholders’ equity 612.7 2,008.2 783.7 (2,791.9 ) 612.7 Total liabilities and stockholders’ equity $ 1,649.3 $ 2,486.5 $ 1,260.6 $ (3,456.7 ) $ 1,939.7 Condensed Consolidating Balance Sheets December 31, 2015 (in millions of dollars) Parent Guarantors Non-Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.8 $ 0.3 $ 54.3 $ — $ 55.4 Accounts receivable, net — 163.8 205.5 — 369.3 Inventories — 125.8 77.8 — 203.6 Receivables from affiliates 4.4 474.6 64.5 (543.5 ) — Other current assets 1.1 10.8 13.4 — 25.3 Total current assets 6.3 775.3 415.5 (543.5 ) 653.6 Property, plant and equipment, net 3.7 107.8 97.6 — 209.1 Deferred income taxes — — 25.1 — 25.1 Goodwill — 330.8 166.1 — 496.9 Identifiable intangibles, net 57.4 382.0 81.5 — 520.9 Other non-current assets 3.1 0.8 43.9 — 47.8 Investment in, long-term receivable from affiliates 1,545.7 903.8 441.0 (2,890.5 ) — Total assets $ 1,616.2 $ 2,500.5 $ 1,270.7 $ (3,434.0 ) $ 1,953.4 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ — $ 86.6 $ 61.0 $ — $ 147.6 Accrued compensation 3.8 17.9 12.3 — 34.0 Accrued customer programs liabilities — 63.9 44.8 — 108.7 Accrued interest 6.3 — — — 6.3 Other current liabilities 2.3 22.9 33.5 — 58.7 Payables to affiliates 5.6 210.0 239.5 (455.1 ) — Total current liabilities 18.0 401.3 391.1 (455.1 ) 355.3 Long-term debt, net 720.5 — — — 720.5 Long-term notes payable to affiliates 178.2 26.7 21.0 (225.9 ) — Deferred income taxes 113.5 — 28.8 — 142.3 Pension and post-retirement benefit obligations 1.5 55.2 32.4 — 89.1 Other non-current liabilities 3.3 20.8 40.9 — 65.0 Total liabilities 1,035.0 504.0 514.2 (681.0 ) 1,372.2 Stockholders’ equity: Common stock 1.1 448.0 227.5 (675.5 ) 1.1 Treasury stock (11.8 ) — — — (11.8 ) Paid-in capital 1,988.3 1,551.1 743.2 (2,294.3 ) 1,988.3 Accumulated other comprehensive loss (429.2 ) (68.8 ) (305.8 ) 374.6 (429.2 ) (Accumulated deficit) retained earnings (967.2 ) 66.2 91.6 (157.8 ) (967.2 ) Total stockholders’ equity 581.2 1,996.5 756.5 (2,753.0 ) 581.2 Total liabilities and stockholders’ equity $ 1,616.2 $ 2,500.5 $ 1,270.7 $ (3,434.0 ) $ 1,953.4 Condensed Consolidating Statement of Comprehensive Income (Loss) (Unaudited) Three Months Ended March 31, 2016 (in millions of dollars) Parent Guarantors Non- Eliminations Consolidated Net sales $ — $ 168.1 $ 120.1 $ (10.1 ) $ 278.1 Cost of products sold — 120.4 85.4 (10.1 ) 195.7 Gross profit — 47.7 34.7 — 82.4 Advertising, selling, general and administrative expenses 11.1 36.4 23.7 — 71.2 Amortization of intangibles — 3.9 0.8 — 4.7 Operating income (loss) (11.1 ) 7.4 10.2 — 6.5 (Income) expense from affiliates (0.2 ) (4.1 ) 4.3 — — Interest expense 10.7 — — — 10.7 Interest income — — (1.4 ) — (1.4 ) Equity in earnings of joint ventures — — (1.3 ) — (1.3 ) Other expense, net 0.3 0.8 — — 1.1 Income (loss) from continuing operations before income taxes and earnings of wholly owned subsidiaries (21.9 ) 10.7 8.6 — (2.6 ) Income tax (benefit) expense (11.0 ) — 3.6 — (7.4 ) Income (loss) before earnings of wholly owned subsidiaries (10.9 ) 10.7 5.0 — 4.8 Earnings of wholly owned subsidiaries 15.7 5.0 — (20.7 ) — Net income $ 4.8 $ 15.7 $ 5.0 $ (20.7 ) $ 4.8 Comprehensive income $ 32.1 $ 15.8 $ 32.5 $ (48.3 ) $ 32.1 Three Months Ended March 31, 2015 (in millions of dollars) Parent Guarantors Non- Eliminations Consolidated Net sales $ — $ 169.3 $ 132.2 $ (11.5 ) $ 290.0 Cost of products sold — 125.8 95.5 (11.5 ) 209.8 Gross profit — 43.5 36.7 — 80.2 Advertising, selling, general and administrative expenses 9.7 36.2 27.0 — 72.9 Amortization of intangibles — 4.3 0.9 — 5.2 Restructuring credits — (0.5 ) — — (0.5 ) Operating income (loss) (9.7 ) 3.5 8.8 — 2.6 (Income) expense from affiliates (0.3 ) (5.2 ) 5.5 — — Interest expense 11.4 — (0.2 ) — 11.2 Interest income — — (1.1 ) — (1.1 ) Equity in earnings of joint ventures — — (1.4 ) — (1.4 ) Other expense (income), net 0.2 (0.4 ) (0.2 ) — (0.4 ) Income (loss) from continuing operations before income taxes and earnings of wholly owned subsidiaries (21.0 ) 9.1 6.2 — (5.7 ) Income tax (benefit) expense (3.1 ) — 3.2 — 0.1 (Loss) income before earnings of wholly owned subsidiaries (17.9 ) 9.1 3.0 — (5.8 ) Earnings of wholly owned subsidiaries 12.1 5.4 — (17.5 ) — Net (loss) income $ (5.8 ) $ 14.5 $ 3.0 $ (17.5 ) $ (5.8 ) Comprehensive (loss) income $ (79.8 ) $ 14.0 $ (65.1 ) $ 51.1 $ (79.8 ) Condensed Consolidating Statement of Cash Flows (Unaudited) Three Months Ended March 31, 2016 (in millions of dollars) Parent Guarantors Non-Guarantors Consolidated Net cash provided (used) by operating activities $ (11.3 ) $ 16.0 $ 46.9 $ 51.6 Investing activities: Additions to property, plant and equipment — (1.4 ) (2.5 ) (3.9 ) Payments for (proceeds from) interest in affiliates — 4.5 (4.5 ) — Net cash (used) provided by investing activities — 3.1 (7.0 ) (3.9 ) Financing activities: Intercompany financing 13.7 3.4 (17.1 ) — Net dividends 4.3 (2.5 ) (1.8 ) — Payments related to tax withholding for share-based compensation (5.0 ) — — (5.0 ) Excess tax benefit from share-based compensation 0.9 — — 0.9 Proceeds from the exercise of stock options 0.3 — — 0.3 Net cash (used) provided by financing activities 14.2 0.9 (18.9 ) (3.8 ) Effect of foreign exchange rate changes on cash and cash equivalents — — 3.1 3.1 Net increase in cash and cash equivalents 2.9 20.0 24.1 47.0 Cash and cash equivalents: Beginning of the period 0.8 0.3 54.3 55.4 End of the period $ 3.7 $ 20.3 $ 78.4 $ 102.4 Three Months Ended March 31, 2015 (in millions of dollars) Parent Guarantors Non-Guarantors Consolidated Net cash provided (used) by operating activities $ (11.7 ) $ 17.1 $ 44.5 $ 49.9 Investing activities: Additions to property, plant and equipment — (5.3 ) (3.4 ) (8.7 ) Payments for (proceeds from) interest in affiliates — 7.9 (7.9 ) — Proceeds from the disposition of assets — — 0.1 0.1 Net cash (used) provided by investing activities — 2.6 (11.2 ) (8.6 ) Financing activities: Intercompany financing (1.4 ) (11.9 ) 13.3 — Net dividends 9.3 (7.9 ) (1.4 ) — Borrowings (repayments) of notes payable, net 20.0 — (0.2 ) 19.8 Repurchases of common stock (14.6 ) — — (14.6 ) Payments related to tax withholding for share-based compensation (4.8 ) — — (4.8 ) Net cash provided (used) by financing activities 8.5 (19.8 ) 11.7 0.4 Effect of foreign exchange rate changes on cash and cash equivalents — — (4.1 ) (4.1 ) Net increase (decrease) in cash and cash equivalents (3.2 ) (0.1 ) 40.9 37.6 Cash and cash equivalents: Beginning of the period 9.7 0.1 43.4 53.2 End of the period $ 6.5 $ — $ 84.3 $ 90.8

Long-Term Debt And Short-Term23

Long-Term Debt And Short-Term Borrowings (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Notes Payable and Long-Term Debt	Notes payable and long-term debt, listed in order of their security interests, consisted of the following as of March 31, 2016 and December 31, 2015 : (in millions of dollars) March 31, December 31, U.S. Dollar Senior Secured Term Loan A, due April 2020 (floating interest rate of 2.13% at March 31, 2016 and 1.88% at December 31, 2015) $ 229.0 $ 229.0 Senior Unsecured Notes, due April 2020 (fixed interest rate of 6.75%) 500.0 500.0 Total debt 729.0 729.0 Less: Current portion 3.3 — Debt issuance costs, unamortized 7.9 8.5 Long-term debt, net $ 717.8 $ 720.5

Pension And Other Retiree Ben24

Pension And Other Retiree Benefits (Tables)	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Cost for Pension and Post-Retirement Plans	The components of net periodic benefit (income) cost for pension and post-retirement plans for the three months ended March 31, 2016 and 2015 were as follows: Three Months Ended March 31, Pension Benefits Post-retirement U.S. International (in millions of dollars) 2016 2015 2016 2015 2016 2015 Service cost $ 0.3 $ 0.4 $ 0.2 $ 0.2 $ — $ — Interest cost 1.8 2.2 2.7 3.2 0.1 — Expected return on plan assets (3.0 ) (3.1 ) (4.6 ) (5.4 ) — — Amortization of net loss (gain) 0.5 0.5 0.6 0.6 (0.1 ) — Amortization of prior service cost 0.1 0.1 — — — — Curtailment gain — — — — — (0.2 ) Settlement gain — — — — — (0.3 ) Net periodic benefit (income) cost $ (0.3 ) $ 0.1 $ (1.1 ) $ (1.4 ) $ — $ (0.5 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan	The following table summarizes the our stock-based compensation expense (including stock options, restricted stock units ("RSUs") and performance stock units ("PSUs")) for the three months ended March 31, 2016 and 2015 : Three Months Ended March 31, (in millions of dollars) 2016 2015 Stock option compensation expense $ 0.9 $ 0.9 RSU compensation expense 1.0 1.2 PSU compensation expense 1.4 0.9 Total stock-based compensation expense $ 3.3 $ 3.0
Schedule of Unrecognized Compensation Cost, Nonvested Awards	The following table summarizes our unrecognized compensation expense and the weighted-average period over which the expense will be recognized as of March 31, 2016 : March 31, 2016 Unrecognized Weighted Average Compensation Years Expense To Be (in millions of dollars, except weighted average years) Expense Recognized Over Stock options $3.6 1.6 RSUs $6.1 2.1 PSUs $12.2 2.1

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2016
Inventory Disclosure [Abstract]
Components of Inventory	Inventories are stated at the lower of cost or market value. The components of inventories were as follows: (in millions of dollars) March 31, December 31, Raw materials $ 42.8 $ 33.3 Work in process 3.2 2.6 Finished goods 214.3 167.7 Total inventories $ 260.3 $ 203.6

Goodwill And Identifiable Int27

Goodwill And Identifiable Intangibles (Tables)	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Net Carrying Amount of Goodwill by Segment	Changes in the net carrying amount of goodwill by segment were as follows: (in millions of dollars) ACCO ACCO Computer Total Balance at December 31, 2015 $ 377.5 $ 112.6 $ 6.8 $ 496.9 Translation 3.6 7.6 — 11.2 Balance at March 31, 2016 $ 381.1 $ 120.2 $ 6.8 $ 508.1 Goodwill $ 512.0 $ 204.4 $ 6.8 $ 723.2 Accumulated impairment losses (130.9 ) (84.2 ) — (215.1 ) Balance at March 31, 2016 $ 381.1 $ 120.2 $ 6.8 $ 508.1
Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets	The gross carrying value and accumulated amortization by class of identifiable intangible assets as of March 31, 2016 and December 31, 2015 were as follows: March 31, 2016 December 31, 2015 (in millions of dollars) Gross Accumulated Net Gross Accumulated Net Indefinite-lived intangible assets: Trade names $ 477.4 $ (44.5 ) (1) $ 432.9 $ 471.8 $ (44.5 ) (1) $ 427.3 Amortizable intangible assets: Trade names 122.9 (63.7 ) 59.2 122.6 (61.7 ) 60.9 Customer and contractual relationships 96.0 (66.4 ) 29.6 94.9 (63.1 ) 31.8 Patents/proprietary technology 0.9 — 0.9 0.9 — 0.9 Subtotal 219.8 (130.1 ) 89.7 218.4 (124.8 ) 93.6 Total identifiable intangibles $ 697.2 $ (174.6 ) $ 522.6 $ 690.2 $ (169.3 ) $ 520.9 (1) Accumulated amortization prior to the adoption of authoritative guidance on goodwill and indefinite-lived intangible assets, at which time further amortization ceased.
Estimated Amortization Expense for Future Periods	Estimated amortization expense for amortizable intangible assets as of March 31, 2016 for the current year and the next five years are as follows: (in millions of dollars) 2016 2017 2018 2019 2020 2021 Estimated amortization expense (1) $ 17.1 $ 14.0 $ 11.8 $ 9.7 $ 7.6 $ 5.6

Restructuring (Tables)

Restructuring (Tables)	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Summary of Activity in Restructuring Accounts	A summary of the activity in the restructuring accounts for the three months ended March 31, 2016 was as follows: (in millions of dollars) Balance at December 31, 2015 (Income)/ Provision Cash Non-cash Balance at March 31, 2016 Employee termination costs $ 0.9 $ — $ (0.4 ) $ — $ 0.5 Termination of lease agreements 0.1 — (0.1 ) — — Total restructuring liability $ 1.0 $ — $ (0.5 ) $ — $ 0.5

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	The reconciliation of income taxes for the three month periods ended March 31, 2016 and 2015 , computed at the U.S. federal statutory income tax rate, compared to our effective income tax rate, was as follows: Three Months Ended March 31, (in millions of dollars) 2016 2015 Income tax benefit computed at U.S. statutory income tax rate (35%) $ (0.9 ) $ (2.0 ) Interest on Brazilian Tax Assessment 0.6 0.7 Realized foreign exchange loss on intercompany loan (7.4 ) — Miscellaneous 0.3 1.4 Income tax (benefit) expense as reported $ (7.4 ) $ 0.1 Effective tax rate 284.6 % (1.8 )%

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	Our calculation of diluted earnings per common share assumes that any common shares outstanding were increased by shares that would be issued upon exercise of those stock units for which the average market price for the period exceeds the exercise price less the shares that could have been purchased by the Company with the related proceeds, including compensation expense measured but not yet recognized, net of tax. Three Months Ended March 31, (in millions) 2016 2015 Weighted-average number of common shares outstanding — basic 106.1 112.0 Stock options 0.1 — Stock-settled stock appreciation rights 0.1 — Restricted stock units 1.9 — Adjusted weighted-average shares and assumed conversions — diluted (1) 108.2 112.0 (1) Due to the net loss during the three months ended March 31, 2015 , the denominator in the diluted earnings per share calculation does not include the effects of the stock awards for which the average market price for the period exceeds the exercise price, as it would result in a less dilutive computation. As a result, reported diluted earnings per share for the three months ended March 31, 2015 is the same as basic earnings per share.

Derivative Financial Instrume31

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following table summarizes the fair value of our derivative financial instruments as of March 31, 2016 and December 31, 2015 : Fair Value of Derivative Instruments Derivative Assets Derivative Liabilities (in millions of dollars) Balance Sheet March 31, 2016 December 31, Balance Sheet March 31, 2016 December 31, Derivatives designated as hedging instruments: Foreign exchange contracts Other current assets $ — $ 1.9 Other current liabilities $ 3.3 $ 0.3 Derivatives not designated as hedging instruments: Foreign exchange contracts Other current assets 0.6 0.7 Other current liabilities 2.1 0.1 Total derivatives $ 0.6 $ 2.6 $ 5.4 $ 0.4
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	The following tables summarize the pre-tax effect of our derivative financial instruments on the condensed consolidated financial statements for the three months ended March 31, 2016 and 2015 : The Effect of Derivative Instruments in Cash Flow Hedging Relationships on the Consolidated Financial Statements Amount of Gain (Loss) Recognized in OCI (Effective Portion) Location of (Gain) Loss Reclassified from OCI to Income Amount of (Gain) Loss Three Months Ended March 31, Three Months Ended March 31, (in millions of dollars) 2016 2015 2016 2015 Cash flow hedges: Foreign exchange contracts $ (0.3 ) $ 4.6 Cost of products sold $ (0.7 ) $ (5.7 ) The Effect of Derivatives Not Designated as Hedging Instruments on the Condensed Consolidated Statements of Operations Location of (Gain) Loss Recognized in Amount of (Gain) Loss Three Months Ended March 31, (in millions of dollars) 2016 2015 Foreign exchange contracts Other expense (income), net $ 0.6 $ 0.9

Fair Value Of Financial Instr32

Fair Value Of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table sets forth our financial assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2016 and December 31, 2015 : (in millions of dollars) March 31, December 31, Assets: Forward currency contracts $ 0.6 $ 2.6 Liabilities: Forward currency contracts $ 5.4 $ 0.4

Accumulated Other Comprehensi33

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The components of, and changes in, accumulated other comprehensive income (loss), net of tax were as follows: (in millions of dollars) Derivative Unrecognized Accumulated Balance at December 31, 2015 $ 0.8 $ (302.7 ) $ (127.3 ) $ (429.2 ) Other comprehensive income (loss) before reclassifications, net of tax (2.0 ) 27.4 1.7 27.1 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (0.5 ) — 0.7 0.2 Balance at March 31, 2016 $ (1.7 ) $ (275.3 ) $ (124.9 ) $ (401.9 )
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	The reclassifications out of accumulated other comprehensive income (loss) for the three months ended March 31, 2016 and 2015 were as follows: Three Months Ended March 31, 2016 2015 (in millions of dollars) Amount Reclassified from Accumulated Other Comprehensive Income Location on Income Statement Details about Accumulated Other Comprehensive Income Components Gain on cash flow hedges: Foreign exchange contracts $ 0.7 $ 5.7 Cost of products sold Tax expense (0.2 ) (1.7 ) Income tax (benefit) expense Net of tax $ 0.5 $ 4.0 Defined benefit plan items: Amortization of actuarial loss $ (1.0 ) $ (1.1 ) (1) Amortization of prior service cost (0.1 ) (0.1 ) (1) Total before tax (1.1 ) (1.2 ) Tax benefit 0.4 0.8 Income tax (benefit) expense Net of tax $ (0.7 ) $ (0.4 ) Total reclassifications for the period, net of tax $ (0.2 ) $ 3.6 (1) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for pension and post-retirement plans (See " Note 4. Pension and Other Retiree Benefits " for additional details).

Information On Business Segme34

Information On Business Segments (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Schedule of Net Sales by Reporting Segments	Net sales by business segment for the three months ended March 31, 2016 and 2015 were as follows: Three Months Ended March 31, (in millions of dollars) 2016 2015 ACCO Brands North America $ 165.7 $ 166.7 ACCO Brands International 85.3 94.6 Computer Products Group 27.1 28.7 Net sales $ 278.1 $ 290.0
Schedule of Operating Income by Reporting Segment	Operating income by business segment for the three months ended March 31, 2016 and 2015 was as follows: Three Months Ended March 31, (in millions of dollars) 2016 2015 ACCO Brands North America $ 10.3 $ 5.6 ACCO Brands International 3.8 3.3 Computer Products Group 1.7 2.0 Segment operating income 15.8 10.9 Corporate (9.3 ) (8.3 ) Operating income (a) 6.5 2.6 Interest expense 10.7 11.2 Interest income (1.4 ) (1.1 ) Equity in earnings of joint ventures (1.3 ) (1.4 ) Other expense (income), net 1.1 (0.4 ) Loss before income tax $ (2.6 ) $ (5.7 ) (a) Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less advertising, selling, general and administrative expenses; iv) less amortization of intangibles; and v) less restructuring charges.

Joint-Venture Investments (Tabl

Joint-Venture Investments (Tables)	3 Months Ended
	Mar. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Equity Method Investments	Summarized below is the financial information for the Company’s joint-venture, Pelikan Artline Pty Limited, in which we own a 50% interest and which is accounted for under the equity method. Accordingly, we record our proportionate share of earnings or losses on the line entitled " Equity in earnings of joint ventures " in the " Consolidated Statements of Operations ." Our share of the net assets of the joint venture is included within " Other non-current assets " in the "Condensed Consolidated Balance Sheets." On March 21, 2016, the Company announced that it had signed a definitive agreement to acquire the remaining 50% of Pelikan Artline Pty Limited. The closing of the transaction is subject to customary closing conditions, including the receipt of certain consents and is currently expected to occur in the second quarter of 2016. Three Months Ended March 31, (in millions of dollars) 2016 2015 Net sales $ 26.0 $ 24.1 Gross profit 9.8 9.9 Net income 2.5 2.9 (in millions of dollars) March 31, December 31, Current assets $ 76.3 $ 76.6 Non-current assets 45.8 43.6 Current liabilities 33.6 37.5 Non-current liabilities 13.0 13.1

Condensed Consolidating Finan36

Condensed Consolidating Financial Information (Tables)	3 Months Ended
	Mar. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Balance Sheets	Condensed Consolidating Balance Sheets (Unaudited) March 31, 2016 (in millions of dollars) Parent Guarantors Non-Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 3.7 $ 20.3 $ 78.4 $ — $ 102.4 Accounts receivable, net — 94.9 131.7 — 226.6 Inventories — 166.8 93.5 — 260.3 Receivables from affiliates 11.4 472.2 61.6 (545.2 ) — Other current assets 2.1 16.0 16.9 — 35.0 Total current assets 17.2 770.2 382.1 (545.2 ) 624.3 Property, plant and equipment, net 4.1 103.7 100.2 — 208.0 Deferred income taxes — — 25.1 — 25.1 Goodwill — 330.8 177.3 — 508.1 Identifiable intangibles, net 57.4 378.0 87.2 — 522.6 Other non-current assets 2.9 1.0 47.7 — 51.6 Investment in, long-term receivable from affiliates 1,567.7 902.8 441.0 (2,911.5 ) — Total assets $ 1,649.3 $ 2,486.5 $ 1,260.6 $ (3,456.7 ) $ 1,939.7 Liabilities and Stockholders’ Equity Current liabilities: Current portion of long-term debt $ 3.3 $ — $ — $ — $ 3.3 Accounts payable 0.3 94.5 57.7 — 152.5 Accrued compensation 1.1 10.2 10.1 — 21.4 Accrued customer programs liabilities — 41.4 37.1 — 78.5 Accrued interest 14.9 — — — 14.9 Other current liabilities 3.8 20.3 24.7 — 48.8 Payables to affiliates 10.1 210.6 239.2 (459.9 ) — Total current liabilities 33.5 377.0 368.8 (459.9 ) 319.4 Long-term debt, net 717.8 — — — 717.8 Long-term notes payable to affiliates 178.2 26.7 — (204.9 ) — Deferred income taxes 102.0 — 33.4 — 135.4 Pension and post-retirement benefit obligations 1.5 54.3 29.3 — 85.1 Other non-current liabilities 3.6 20.3 45.4 — 69.3 Total liabilities 1,036.6 478.3 476.9 (664.8 ) 1,327.0 Stockholders’ equity: Common stock 1.1 448.1 224.0 (672.1 ) 1.1 Treasury stock (16.9 ) — — — (16.9 ) Paid-in capital 1,992.8 1,551.1 743.0 (2,294.1 ) 1,992.8 Accumulated other comprehensive loss (401.9 ) (68.7 ) (278.3 ) 347.0 (401.9 ) (Accumulated deficit) retained earnings (962.4 ) 77.7 95.0 (172.7 ) (962.4 ) Total stockholders’ equity 612.7 2,008.2 783.7 (2,791.9 ) 612.7 Total liabilities and stockholders’ equity $ 1,649.3 $ 2,486.5 $ 1,260.6 $ (3,456.7 ) $ 1,939.7 Condensed Consolidating Balance Sheets December 31, 2015 (in millions of dollars) Parent Guarantors Non-Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.8 $ 0.3 $ 54.3 $ — $ 55.4 Accounts receivable, net — 163.8 205.5 — 369.3 Inventories — 125.8 77.8 — 203.6 Receivables from affiliates 4.4 474.6 64.5 (543.5 ) — Other current assets 1.1 10.8 13.4 — 25.3 Total current assets 6.3 775.3 415.5 (543.5 ) 653.6 Property, plant and equipment, net 3.7 107.8 97.6 — 209.1 Deferred income taxes — — 25.1 — 25.1 Goodwill — 330.8 166.1 — 496.9 Identifiable intangibles, net 57.4 382.0 81.5 — 520.9 Other non-current assets 3.1 0.8 43.9 — 47.8 Investment in, long-term receivable from affiliates 1,545.7 903.8 441.0 (2,890.5 ) — Total assets $ 1,616.2 $ 2,500.5 $ 1,270.7 $ (3,434.0 ) $ 1,953.4 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ — $ 86.6 $ 61.0 $ — $ 147.6 Accrued compensation 3.8 17.9 12.3 — 34.0 Accrued customer programs liabilities — 63.9 44.8 — 108.7 Accrued interest 6.3 — — — 6.3 Other current liabilities 2.3 22.9 33.5 — 58.7 Payables to affiliates 5.6 210.0 239.5 (455.1 ) — Total current liabilities 18.0 401.3 391.1 (455.1 ) 355.3 Long-term debt, net 720.5 — — — 720.5 Long-term notes payable to affiliates 178.2 26.7 21.0 (225.9 ) — Deferred income taxes 113.5 — 28.8 — 142.3 Pension and post-retirement benefit obligations 1.5 55.2 32.4 — 89.1 Other non-current liabilities 3.3 20.8 40.9 — 65.0 Total liabilities 1,035.0 504.0 514.2 (681.0 ) 1,372.2 Stockholders’ equity: Common stock 1.1 448.0 227.5 (675.5 ) 1.1 Treasury stock (11.8 ) — — — (11.8 ) Paid-in capital 1,988.3 1,551.1 743.2 (2,294.3 ) 1,988.3 Accumulated other comprehensive loss (429.2 ) (68.8 ) (305.8 ) 374.6 (429.2 ) (Accumulated deficit) retained earnings (967.2 ) 66.2 91.6 (157.8 ) (967.2 ) Total stockholders’ equity 581.2 1,996.5 756.5 (2,753.0 ) 581.2 Total liabilities and stockholders’ equity $ 1,616.2 $ 2,500.5 $ 1,270.7 $ (3,434.0 ) $ 1,953.4
Condensed Consolidating Statement of Comprehensive Income (Loss) (Unaudited)	Condensed Consolidating Statement of Comprehensive Income (Loss) (Unaudited) Three Months Ended March 31, 2016 (in millions of dollars) Parent Guarantors Non- Eliminations Consolidated Net sales $ — $ 168.1 $ 120.1 $ (10.1 ) $ 278.1 Cost of products sold — 120.4 85.4 (10.1 ) 195.7 Gross profit — 47.7 34.7 — 82.4 Advertising, selling, general and administrative expenses 11.1 36.4 23.7 — 71.2 Amortization of intangibles — 3.9 0.8 — 4.7 Operating income (loss) (11.1 ) 7.4 10.2 — 6.5 (Income) expense from affiliates (0.2 ) (4.1 ) 4.3 — — Interest expense 10.7 — — — 10.7 Interest income — — (1.4 ) — (1.4 ) Equity in earnings of joint ventures — — (1.3 ) — (1.3 ) Other expense, net 0.3 0.8 — — 1.1 Income (loss) from continuing operations before income taxes and earnings of wholly owned subsidiaries (21.9 ) 10.7 8.6 — (2.6 ) Income tax (benefit) expense (11.0 ) — 3.6 — (7.4 ) Income (loss) before earnings of wholly owned subsidiaries (10.9 ) 10.7 5.0 — 4.8 Earnings of wholly owned subsidiaries 15.7 5.0 — (20.7 ) — Net income $ 4.8 $ 15.7 $ 5.0 $ (20.7 ) $ 4.8 Comprehensive income $ 32.1 $ 15.8 $ 32.5 $ (48.3 ) $ 32.1 Three Months Ended March 31, 2015 (in millions of dollars) Parent Guarantors Non- Eliminations Consolidated Net sales $ — $ 169.3 $ 132.2 $ (11.5 ) $ 290.0 Cost of products sold — 125.8 95.5 (11.5 ) 209.8 Gross profit — 43.5 36.7 — 80.2 Advertising, selling, general and administrative expenses 9.7 36.2 27.0 — 72.9 Amortization of intangibles — 4.3 0.9 — 5.2 Restructuring credits — (0.5 ) — — (0.5 ) Operating income (loss) (9.7 ) 3.5 8.8 — 2.6 (Income) expense from affiliates (0.3 ) (5.2 ) 5.5 — — Interest expense 11.4 — (0.2 ) — 11.2 Interest income — — (1.1 ) — (1.1 ) Equity in earnings of joint ventures — — (1.4 ) — (1.4 ) Other expense (income), net 0.2 (0.4 ) (0.2 ) — (0.4 ) Income (loss) from continuing operations before income taxes and earnings of wholly owned subsidiaries (21.0 ) 9.1 6.2 — (5.7 ) Income tax (benefit) expense (3.1 ) — 3.2 — 0.1 (Loss) income before earnings of wholly owned subsidiaries (17.9 ) 9.1 3.0 — (5.8 ) Earnings of wholly owned subsidiaries 12.1 5.4 — (17.5 ) — Net (loss) income $ (5.8 ) $ 14.5 $ 3.0 $ (17.5 ) $ (5.8 ) Comprehensive (loss) income $ (79.8 ) $ 14.0 $ (65.1 ) $ 51.1 $ (79.8 )
Condensed Consolidating Statement of Cash Flows (Unaudited)	Condensed Consolidating Statement of Cash Flows (Unaudited) Three Months Ended March 31, 2016 (in millions of dollars) Parent Guarantors Non-Guarantors Consolidated Net cash provided (used) by operating activities $ (11.3 ) $ 16.0 $ 46.9 $ 51.6 Investing activities: Additions to property, plant and equipment — (1.4 ) (2.5 ) (3.9 ) Payments for (proceeds from) interest in affiliates — 4.5 (4.5 ) — Net cash (used) provided by investing activities — 3.1 (7.0 ) (3.9 ) Financing activities: Intercompany financing 13.7 3.4 (17.1 ) — Net dividends 4.3 (2.5 ) (1.8 ) — Payments related to tax withholding for share-based compensation (5.0 ) — — (5.0 ) Excess tax benefit from share-based compensation 0.9 — — 0.9 Proceeds from the exercise of stock options 0.3 — — 0.3 Net cash (used) provided by financing activities 14.2 0.9 (18.9 ) (3.8 ) Effect of foreign exchange rate changes on cash and cash equivalents — — 3.1 3.1 Net increase in cash and cash equivalents 2.9 20.0 24.1 47.0 Cash and cash equivalents: Beginning of the period 0.8 0.3 54.3 55.4 End of the period $ 3.7 $ 20.3 $ 78.4 $ 102.4 Three Months Ended March 31, 2015 (in millions of dollars) Parent Guarantors Non-Guarantors Consolidated Net cash provided (used) by operating activities $ (11.7 ) $ 17.1 $ 44.5 $ 49.9 Investing activities: Additions to property, plant and equipment — (5.3 ) (3.4 ) (8.7 ) Payments for (proceeds from) interest in affiliates — 7.9 (7.9 ) — Proceeds from the disposition of assets — — 0.1 0.1 Net cash (used) provided by investing activities — 2.6 (11.2 ) (8.6 ) Financing activities: Intercompany financing (1.4 ) (11.9 ) 13.3 — Net dividends 9.3 (7.9 ) (1.4 ) — Borrowings (repayments) of notes payable, net 20.0 — (0.2 ) 19.8 Repurchases of common stock (14.6 ) — — (14.6 ) Payments related to tax withholding for share-based compensation (4.8 ) — — (4.8 ) Net cash provided (used) by financing activities 8.5 (19.8 ) 11.7 0.4 Effect of foreign exchange rate changes on cash and cash equivalents — — (4.1 ) (4.1 ) Net increase (decrease) in cash and cash equivalents (3.2 ) (0.1 ) 40.9 37.6 Cash and cash equivalents: Beginning of the period 9.7 0.1 43.4 53.2 End of the period $ 6.5 $ — $ 84.3 $ 90.8

Long-Term Debt And Short-Term37

Long-Term Debt And Short-Term Borrowings (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total debt	$ 729	$ 729
Current portion	3.3	0
Debt issuance costs, unamortized	7.9	8.5
Long-term debt, net	717.8	720.5
Senior Secured Revolving Credit Facility, due April 2020
Debt Instrument [Line Items]
Letters of credit outstanding	8.2
Senior Secured Notes | USD Senior Secured Term Loan A, due April 2020
Debt Instrument [Line Items]
Total debt	$ 229	$ 229
Interest rate at period end	2.13%	1.88%
Senior Secured Notes | Senior Secured Revolving Credit Facility, due April 2020
Debt Instrument [Line Items]
Total debt	$ 0
Senior Unsecured Notes | Senior Unsecured Note, due April 2020 6 point 75
Debt Instrument [Line Items]
Total debt	$ 500	$ 500
Stated Percentage	6.75%	6.75%

Long-Term Debt And Short-Term38

Long-Term Debt And Short-Term Borrowings (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total debt	$ 729	$ 729
Senior Secured Revolving Credit Facility, due April 2020
Debt Instrument [Line Items]
Letters of credit outstanding	8.2
Secured Debt | USD Senior Secured Term Loan A, due April 2020
Debt Instrument [Line Items]
Total debt	229	$ 229
Secured Debt | Senior Secured Revolving Credit Facility, due April 2020
Debt Instrument [Line Items]
Total debt	0
Revolving Credit Facility | Secured Debt | Senior Secured Revolving Credit Facility, due April 2020
Debt Instrument [Line Items]
Amount available for borrowings under Senior Secured Revolving Credit Facilities	$ 291.8

Pension And Other Retiree Ben39

Pension And Other Retiree Benefits (Net Periodic Benefit Expense) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Expected contributions to defined benefit plans for 2015	$ 6.7
Contributions by company to date	1.6
U.S.
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.3	$ 0.4
Interest cost	1.8	2.2
Expected return on plan assets	(3)	(3.1)
Amortization of net loss (gain)	0.5	0.5
Amortization of prior service cost (credit)	0.1	0.1
Curtailment gain	0	0
Settlement gain	0	0
Net periodic benefit (income) cost	(0.3)	0.1
International
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.2	0.2
Interest cost	2.7	3.2
Expected return on plan assets	(4.6)	(5.4)
Amortization of net loss (gain)	0.6	0.6
Amortization of prior service cost (credit)	0	0
Curtailment gain	0	0
Settlement gain	0	0
Net periodic benefit (income) cost	(1.1)	(1.4)
Post-retirement
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0
Interest cost	0.1	0
Expected return on plan assets	0	0
Amortization of net loss (gain)	(0.1)	0
Amortization of prior service cost (credit)	0	0
Curtailment gain	0	(0.2)
Settlement gain	0	(0.3)
Net periodic benefit (income) cost	$ 0	$ (0.5)

Stock-Based Compensation (Share

Stock-Based Compensation (Share-based Compensation Expense) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 3.3	$ 3
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	0.9	0.9
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	1	1.2
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 1.4	$ 0.9

Stock-Based Compensation (Unrec

Stock-Based Compensation (Unrecognized Compensation Expense) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Expense	$ 3.6
Weighted Average Years Expense To Be Recognized Over	1 year 6 months 21 days
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Expense	$ 6.1
Weighted Average Years Expense To Be Recognized Over	2 years 1 month 23 days
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Expense	$ 12.2
Weighted Average Years Expense To Be Recognized Over	2 years 1 month 21 days

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details)	3 Months Ended
	Mar. 31, 2016shares
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted	424,975
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted	1,005,909

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Raw materials	$ 42.8	$ 33.3
Work in process	3.2	2.6
Finished goods	214.3	167.7
Total inventories	$ 260.3	$ 203.6

Goodwill And Identifiable Int44

Goodwill And Identifiable Intangibles (Goodwill) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2016
Goodwill [Roll Forward]
Balance at December 31, 2015	$ 496.9
Translation	11.2
Balance at March 31, 2016	508.1
Goodwill, Impaired, Accumulated Impairment Loss
Goodwill			$ 723.2
Accumulated impairment losses			(215.1)
Balance at March 31, 2016	496.9		508.1
Balance at March 31, 2016	(401.9)
Goodwill, Impairment Loss		$ 0
ACCO Brands North America
Goodwill [Roll Forward]
Balance at December 31, 2015	377.5
Translation	3.6
Balance at March 31, 2016	381.1
Goodwill, Impaired, Accumulated Impairment Loss
Goodwill			512
Accumulated impairment losses			(130.9)
Balance at March 31, 2016	377.5		381.1
ACCO Brands International
Goodwill [Roll Forward]
Balance at December 31, 2015	112.6
Translation	7.6
Balance at March 31, 2016	120.2
Goodwill, Impaired, Accumulated Impairment Loss
Goodwill			204.4
Accumulated impairment losses			(84.2)
Balance at March 31, 2016	112.6		120.2
Computer Products Group
Goodwill [Roll Forward]
Balance at December 31, 2015	6.8
Translation	0
Balance at March 31, 2016	6.8
Goodwill, Impaired, Accumulated Impairment Loss
Goodwill			6.8
Accumulated impairment losses			0
Balance at March 31, 2016	$ 6.8		$ 6.8

Goodwill And Identifiable Int45

Goodwill And Identifiable Intangibles (Intangible Assets) (Details) - USD ($) $ in Millions		3 Months Ended
		Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2016
Intangible Assets [Line Items]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)			$ 0
Amortizable intangible assets, Gross Carrying Amounts		$ 218.4		$ 219.8
Amortizable intangible assets, Accumulated Amortization		(124.8)		(130.1)
Amortizable intangible assets, Net Book Value		93.6		89.7
Total identifiable intangibles, Gross Carrying Amounts		690.2		697.2
Total identifiable intangibles, Accumulated Amortization		(169.3)		(174.6)
Total identifiable intangibles, Net Book Value		520.9		522.6
Trade Names
Intangible Assets [Line Items]
Amortizable intangible assets, Gross Carrying Amounts		122.6		122.9
Amortizable intangible assets, Accumulated Amortization		(61.7)		(63.7)
Amortizable intangible assets, Net Book Value		60.9		59.2
Customer and contractual relationships
Intangible Assets [Line Items]
Amortizable intangible assets, Gross Carrying Amounts		94.9		96
Amortizable intangible assets, Accumulated Amortization		(63.1)		(66.4)
Amortizable intangible assets, Net Book Value		31.8		29.6
Patents/proprietary technology
Intangible Assets [Line Items]
Amortizable intangible assets, Gross Carrying Amounts		0.9		0.9
Amortizable intangible assets, Accumulated Amortization		0		0
Amortizable intangible assets, Net Book Value		0.9		0.9
Trade Names
Intangible Assets [Line Items]
Indefinite-lived intangible assets, gross carrying amount		471.8		477.4
Indefinite lived intangible asset accumulated amortization prior to the adoption of authoritative guidance	[1]	(44.5)		(44.5)
Indefinite-lived intangible assets, Net Book Value		427.3		432.9
Carry Value Of Trade Names Not Substantially Above Their Fair Values				$ 182.3
Brazil | Trade Names
Intangible Assets [Line Items]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)		$ 0
Long-term growth rate		6.50%
Discount rate		14.50%
[1]	Accumulated amortization prior to the adoption of authoritative guidance on goodwill and indefinite-lived intangible assets, at which time further amortization ceased.

Goodwill And Identifiable Int46

Goodwill And Identifiable Intangibles (Estimated Amortization Expense) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangibles		$ 4.7	$ 5.2
Estimated amortization expense, 2016	[1]	17.1
Estimated amortization expense, 2017	[1]	14
Estimated amortization expense, 2018	[1]	11.8
Estimated amortization expense, 2018	[1]	9.7
Estimated amortization expense, 2020	[1]	7.6
Estimated amortization expense, 2021	[1]	$ 5.6
[1]	Actual amounts of amortization expense may differ from estimated amounts due to changes in foreign currency exchange rates, additional intangible asset acquisitions, impairment of intangible assets, accelerated amortization of intangible assets and other events.

Restructuring (Restructuring Ch

Restructuring (Restructuring Charges and Reconciliation) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Restructuring Reserve [Roll Forward]
Balance at December 31, 2015	$ 1
(Income)/ Provision	0	$ (0.5)
Cash Expenditures	(0.5)
Non-cash Items/ Currency Change	0
Balance at March 31, 2016	0.5
Employee termination costs
Restructuring Reserve [Roll Forward]
Balance at December 31, 2015	0.9
(Income)/ Provision	0
Cash Expenditures	(0.4)
Non-cash Items/ Currency Change	0
Balance at March 31, 2016	0.5
Termination of lease agreements
Restructuring Reserve [Roll Forward]
Balance at December 31, 2015	0.1
(Income)/ Provision	0
Cash Expenditures	(0.1)
Non-cash Items/ Currency Change	0
Balance at March 31, 2016	$ 0

Income Taxes (Effective Income

Income Taxes (Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Income tax benefit computed at U.S. statutory income tax rate (35%)	$ (0.9)	$ (2)
Interest on Brazilian Tax Assessment	0.6	0.7
Realized foreign exchange loss on intercompany loan	(7.4)	0
Miscellaneous	0.3	1.4
Income tax (benefit) expense as reported	$ (7.4)	$ 0.1
Effective tax rate	284.60%	(1.80%)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2012
Income Tax Examination [Line Items]
U.S. statutory income tax rate	35.00%
Income tax (benefit) expense	$ (7.4)	$ 0.1
Loss before income tax	$ (2.6)	(5.7)
State and Local Jurisdiction | Minimum
Income Tax Examination [Line Items]
Statutes of limitation, period	2 years
State and Local Jurisdiction | Maximum
Income Tax Examination [Line Items]
Statutes of limitation, period	5 years
Domestic Tax Authority | Internal Revenue Service (IRS) | Earliest Tax Year
Income Tax Examination [Line Items]
Open tax year	2,012
Foreign Tax Authority | Minimum
Income Tax Examination [Line Items]
Statutes of limitation, period	2 years
Foreign Tax Authority | Maximum
Income Tax Examination [Line Items]
Statutes of limitation, period	5 years
Foreign Tax Authority | Australian Taxation Office | Earliest Tax Year
Income Tax Examination [Line Items]
Open tax year	2,011
Foreign Tax Authority | Secretariat of the Federal Revenue Bureau of Brazil
Income Tax Examination [Line Items]
Income Tax Examination, Interest Expense	$ 0.6	$ 0.7
Foreign Tax Authority | Secretariat of the Federal Revenue Bureau of Brazil | Earliest Tax Year
Income Tax Examination [Line Items]
Open tax year	2,010
Foreign Tax Authority | Secretariat of the Federal Revenue Bureau of Brazil | Tax Year 2007 to 2012
Income Tax Examination [Line Items]
Income Tax Contingency, Potential Brazilian Assessment	$ 31.5		$ 44.5
Income Tax Contingency, Potential Assessment, Acquisition, Fair Value of Liabilities Accrued			$ 43.3
Foreign Tax Authority | Secretariat of the Federal Revenue Bureau of Brazil | Minimum
Income Tax Examination [Line Items]
Penalty rate	75.00%
Foreign Tax Authority | Secretariat of the Federal Revenue Bureau of Brazil | Maximum
Income Tax Examination [Line Items]
Penalty rate	150.00%
Foreign Tax Authority | Canada Revenue Agency | Earliest Tax Year
Income Tax Examination [Line Items]
Open tax year	2,007
Foreign Tax Authority | Her Majesty's Revenue and Customs (HMRC) | Earliest Tax Year
Income Tax Examination [Line Items]
Open tax year	2,014

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Weighted Average Number of Shares Outstanding Basic and Diluted [Line Items]
Common Stock, Shares, Outstanding	106,988,088	110,942,776
Repurchased and retired common stock		2,100,000
Treasury Stock, Shares, Acquired	700,000	600,000
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted-average number of common shares outstanding - basic	106,100,000	112,000,000
Weighted-average number of common shares outstanding - diluted	108,200,000	112,000,000	[1]
Potentially dilutive shares excluded from computation of dilutive earnings per share	7,100,000	9,800,000
Stock options
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Incremental Common Shares Attributable to Share-based Payment Arrangements	100,000	0
Stock-settled stock appreciation rights
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Incremental Common Shares Attributable to Share-based Payment Arrangements	100,000	0
Restricted stock units
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Incremental Common Shares Attributable to Share-based Payment Arrangements	1,900,000	0
[1]	Due to the net loss during the three months ended March 31, 2015, the denominator in the diluted earnings per share calculation does not include the effects of the stock awards for which the average market price for the period exceeds the exercise price, as it would result in a less dilutive computation. As a result, reported diluted earnings per share for the three months ended March 31, 2015 is the same as basic earnings per share.

Derivative Financial Instrume51

Derivative Financial Instruments (Narrative) (Details) - Foreign exchange contracts - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Derivatives not designated as hedging instruments
Derivative [Line Items]
Notional Amount of Foreign Currency Cash Flow Hedge	$ 136.1	$ 33.3
Cash Flow Hedging | Derivatives designated as hedging instruments
Derivative [Line Items]
Notional Amount of Foreign Currency Cash Flow Hedge	$ 69.2	$ 68.2

Derivative Financial Instrume52

Derivative Financial Instruments (Fair Value of Derivative Instruments) (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Derivative Assets	$ 0.6	$ 2.6
Derivative Liabilities	5.4	0.4
Foreign exchange contracts | Derivatives designated as hedging instruments | Other current assets
Derivatives, Fair Value [Line Items]
Derivative Assets	0	1.9
Foreign exchange contracts | Derivatives designated as hedging instruments | Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities	3.3	0.3
Foreign exchange contracts | Derivatives not designated as hedging instruments | Other current assets
Derivatives, Fair Value [Line Items]
Derivative Assets	0.6	0.7
Foreign exchange contracts | Derivatives not designated as hedging instruments | Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities	$ 2.1	$ 0.1

Derivative Financial Instrume53

Derivative Financial Instruments (Effect of Derivative Instruments) (Details) - Foreign exchange contracts - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Derivatives not designated as hedging instruments | Other expense (income), net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recognized in Income	$ 0.6	$ 0.9
Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI (Effective Portion)	(0.3)	4.6
Cash Flow Hedging | Cost of products sold
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Reclassified from AOCI to Income (Effective Portion)	$ (0.7)	$ (5.7)

Fair Value Of Financial Instr54

Fair Value Of Financial Instruments Schedule of Fair Value Assets and Liabilities measured on a Recurring Basis (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Foreign currency contracts, assets	$ 0.6	$ 2.6
Foreign currency contracts, liabilities	5.4	0.4
Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt Instrument, Fair Value Disclosure	$ 754.3	$ 740.3

Fair Value Of Financial Instr55

Fair Value Of Financial Instruments Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Maximum Remaining Maturity of Foreign Currency Derivatives	12 months
Total debt	$ 729	$ 729

Accumulated Other Comprehensi56

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at December 31, 2015		$ (429.2)
Other comprehensive income (loss) before reclassifications, net of tax		27.1
Amounts reclassified from accumulated other comprehensive income (loss), net of tax		0.2
Balance at March 31, 2016		(401.9)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) [Abstract]
Cost of products sold		(195.7)	$ (209.8)
Amortization of actuarial loss included in net income		1	1.1
Amortization of prior service cost		0.1	0.1
Income tax (expense) benefit		7.4	(0.1)
Derivative Financial Instruments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at December 31, 2015		0.8
Other comprehensive income (loss) before reclassifications, net of tax		(2)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax		(0.5)
Balance at March 31, 2016		(1.7)
Foreign Currency Adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at December 31, 2015		(302.7)
Other comprehensive income (loss) before reclassifications, net of tax		27.4
Amounts reclassified from accumulated other comprehensive income (loss), net of tax		0
Balance at March 31, 2016		(275.3)
Unrecognized Pension and Other Post-retirement Benefit Costs
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at December 31, 2015		(127.3)
Other comprehensive income (loss) before reclassifications, net of tax		1.7
Amounts reclassified from accumulated other comprehensive income (loss), net of tax		0.7
Balance at March 31, 2016		(124.9)
Amount Reclassified from Accumulated Other Comprehensive Income
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) [Abstract]
Net of tax		(0.2)	3.6
Amount Reclassified from Accumulated Other Comprehensive Income | Unrecognized Pension and Other Post-retirement Benefit Costs
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) [Abstract]
Amortization of actuarial loss included in net income	[1]	(1)	(1.1)
Amortization of prior service cost	[1]	(0.1)	(0.1)
Total before tax		(1.1)	(1.2)
Income tax (expense) benefit		0.4	0.8
Net of tax		(0.7)	(0.4)
Foreign exchange contracts | Amount Reclassified from Accumulated Other Comprehensive Income | Derivative Financial Instruments
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) [Abstract]
Cost of products sold		0.7	5.7
Income tax (expense) benefit		(0.2)	(1.7)
Net of tax		$ 0.5	$ 4
[1]	These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for pension and post-retirement plans (See "Note 4. Pension and Other Retiree Benefits" for additional details).

Information On Business Segme57

Information On Business Segments (Net Sales by Segment) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)
Segment Reporting Information [Line Items]
Number of business segments	3
Net sales	$ 278.1	$ 290
Operating Segment | ACCO Brands North America
Segment Reporting Information [Line Items]
Net sales	165.7	166.7
Operating Segment | ACCO Brands International
Segment Reporting Information [Line Items]
Net sales	85.3	94.6
Operating Segment | Computer Products Group
Segment Reporting Information [Line Items]
Net sales	$ 27.1	$ 28.7

Information On Business Segme58

Information On Business Segments (Operating Income by Segment) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Operating income (loss)	[1]	$ 6.5	$ 2.6
Interest expense		10.7	11.2
Interest income		(1.4)	(1.1)
Equity in earnings of joint ventures		(1.3)	(1.4)
Other expense (income), net		1.1	(0.4)
Loss before income tax		(2.6)	(5.7)
Operating Segment
Segment Reporting Information [Line Items]
Operating income (loss)	[1]	15.8	10.9
Corporate
Segment Reporting Information [Line Items]
Operating income (loss)	[1]	(9.3)	(8.3)
ACCO Brands North America | Operating Segment
Segment Reporting Information [Line Items]
Operating income (loss)	[1]	10.3	5.6
ACCO Brands International | Operating Segment
Segment Reporting Information [Line Items]
Operating income (loss)	[1]	3.8	3.3
Computer Products Group | Operating Segment
Segment Reporting Information [Line Items]
Operating income (loss)	[1]	$ 1.7	$ 2
[1]	Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less advertising, selling, general and administrative expenses; iv) less amortization of intangibles; and v) less restructuring charges.

Joint-Venture Investments (Deta

Joint-Venture Investments (Details) - Pelikan Artline Pty Ltd [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Net sales	$ 26	$ 24.1
Gross profit	9.8	9.9
Net income	2.5	$ 2.9
Current assets	76.3		$ 76.6
Non-current assets	45.8		43.6
Current liabilities	33.6		37.5
Non-current liabilities	$ 13		$ 13.1

Joint-Venture Investments (Narr

Joint-Venture Investments (Narrative) (Details) - Pelikan Artline Pty Ltd [Member]	Mar. 31, 2016
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	50.00%
Equity Method Investment, Percentage to be Acquired	50.00%

Condensed Consolidating Finan61

Condensed Consolidating Financial Information (Condensed Consolidating Balance Sheets) (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 102.4	$ 55.4	$ 90.8	$ 53.2
Accounts receivable, net	226.6	369.3
Inventories	260.3	203.6
Receivables from affiliates	0	0
Other current assets	35	25.3
Total current assets	624.3	653.6
Property, plant and equipment, net	208	209.1
Deferred income taxes	25.1	25.1
Goodwill	508.1	496.9
Identifiable intangibles, net	522.6	520.9
Other non-current assets	51.6	47.8
Investment in, long-term receivable from affiliates	0	0
Total assets	1,939.7	1,953.4
Current liabilities:
Current portion of long-term debt	3.3	0
Accounts payable	152.5	147.6
Accrued compensation	21.4	34
Accrued customer program liabilities	78.5	108.7
Accrued interest	14.9	6.3
Other current liabilities	48.8	58.7
Payables to affiliates	0	0
Total current liabilities	319.4	355.3
Long-term debt	717.8	720.5
Long-term notes payable to affiliates	0	0
Deferred income taxes	135.4	142.3
Pension and post-retirement benefit obligations	85.1	89.1
Other non-current liabilities	69.3	65
Total liabilities	1,327	1,372.2
Stockholders' equity:
Common stock	1.1	1.1
Treasury stock	(16.9)	(11.8)
Paid-in capital	1,992.8	1,988.3
Accumulated other comprehensive loss	(401.9)	(429.2)
(Accumulated deficit) retained earnings	(962.4)	(967.2)
Total stockholders' equity	612.7	581.2
Total liabilities and stockholders' equity	1,939.7	1,953.4
Eliminations
Current assets:
Cash and cash equivalents	0	0
Accounts receivable, net	0	0
Inventories	0	0
Receivables from affiliates	(545.2)	(543.5)
Other current assets	0	0
Total current assets	(545.2)	(543.5)
Property, plant and equipment, net	0	0
Deferred income taxes	0	0
Goodwill	0	0
Identifiable intangibles, net	0	0
Other non-current assets	0	0
Investment in, long-term receivable from affiliates	(2,911.5)	(2,890.5)
Total assets	(3,456.7)	(3,434)
Current liabilities:
Current portion of long-term debt	0
Accounts payable	0	0
Accrued compensation	0	0
Accrued customer program liabilities	0	0
Accrued interest	0	0
Other current liabilities	0	0
Payables to affiliates	(459.9)	(455.1)
Total current liabilities	(459.9)	(455.1)
Long-term debt	0	0
Long-term notes payable to affiliates	(204.9)	(225.9)
Deferred income taxes	0	0
Pension and post-retirement benefit obligations	0	0
Other non-current liabilities	0	0
Total liabilities	(664.8)	(681)
Stockholders' equity:
Common stock	(672.1)	(675.5)
Treasury stock	0	0
Paid-in capital	(2,294.1)	(2,294.3)
Accumulated other comprehensive loss	347	374.6
(Accumulated deficit) retained earnings	(172.7)	(157.8)
Total stockholders' equity	(2,791.9)	(2,753)
Total liabilities and stockholders' equity	(3,456.7)	(3,434)
Parent | Reportable Legal Entities [Member]
Current assets:
Cash and cash equivalents	3.7	0.8	6.5	9.7
Accounts receivable, net	0	0
Inventories	0	0
Receivables from affiliates	11.4	4.4
Other current assets	2.1	1.1
Total current assets	17.2	6.3
Property, plant and equipment, net	4.1	3.7
Deferred income taxes	0	0
Goodwill	0	0
Identifiable intangibles, net	57.4	57.4
Other non-current assets	2.9	3.1
Investment in, long-term receivable from affiliates	1,567.7	1,545.7
Total assets	1,649.3	1,616.2
Current liabilities:
Current portion of long-term debt	3.3
Accounts payable	0.3	0
Accrued compensation	1.1	3.8
Accrued customer program liabilities	0	0
Accrued interest	14.9	6.3
Other current liabilities	3.8	2.3
Payables to affiliates	10.1	5.6
Total current liabilities	33.5	18
Long-term debt	717.8	720.5
Long-term notes payable to affiliates	178.2	178.2
Deferred income taxes	102	113.5
Pension and post-retirement benefit obligations	1.5	1.5
Other non-current liabilities	3.6	3.3
Total liabilities	1,036.6	1,035
Stockholders' equity:
Common stock	1.1	1.1
Treasury stock	(16.9)	(11.8)
Paid-in capital	1,992.8	1,988.3
Accumulated other comprehensive loss	(401.9)	(429.2)
(Accumulated deficit) retained earnings	(962.4)	(967.2)
Total stockholders' equity	612.7	581.2
Total liabilities and stockholders' equity	1,649.3	1,616.2
Guarantors | Reportable Legal Entities [Member]
Current assets:
Cash and cash equivalents	20.3	0.3	0	0.1
Accounts receivable, net	94.9	163.8
Inventories	166.8	125.8
Receivables from affiliates	472.2	474.6
Other current assets	16	10.8
Total current assets	770.2	775.3
Property, plant and equipment, net	103.7	107.8
Deferred income taxes	0	0
Goodwill	330.8	330.8
Identifiable intangibles, net	378	382
Other non-current assets	1	0.8
Investment in, long-term receivable from affiliates	902.8	903.8
Total assets	2,486.5	2,500.5
Current liabilities:
Current portion of long-term debt	0
Accounts payable	94.5	86.6
Accrued compensation	10.2	17.9
Accrued customer program liabilities	41.4	63.9
Accrued interest	0	0
Other current liabilities	20.3	22.9
Payables to affiliates	210.6	210
Total current liabilities	377	401.3
Long-term debt	0	0
Long-term notes payable to affiliates	26.7	26.7
Deferred income taxes	0	0
Pension and post-retirement benefit obligations	54.3	55.2
Other non-current liabilities	20.3	20.8
Total liabilities	478.3	504
Stockholders' equity:
Common stock	448.1	448
Treasury stock	0	0
Paid-in capital	1,551.1	1,551.1
Accumulated other comprehensive loss	(68.7)	(68.8)
(Accumulated deficit) retained earnings	77.7	66.2
Total stockholders' equity	2,008.2	1,996.5
Total liabilities and stockholders' equity	2,486.5	2,500.5
Non-Guarantors | Reportable Legal Entities [Member]
Current assets:
Cash and cash equivalents	78.4	54.3	$ 84.3	$ 43.4
Accounts receivable, net	131.7	205.5
Inventories	93.5	77.8
Receivables from affiliates	61.6	64.5
Other current assets	16.9	13.4
Total current assets	382.1	415.5
Property, plant and equipment, net	100.2	97.6
Deferred income taxes	25.1	25.1
Goodwill	177.3	166.1
Identifiable intangibles, net	87.2	81.5
Other non-current assets	47.7	43.9
Investment in, long-term receivable from affiliates	441	441
Total assets	1,260.6	1,270.7
Current liabilities:
Current portion of long-term debt	0
Accounts payable	57.7	61
Accrued compensation	10.1	12.3
Accrued customer program liabilities	37.1	44.8
Accrued interest	0	0
Other current liabilities	24.7	33.5
Payables to affiliates	239.2	239.5
Total current liabilities	368.8	391.1
Long-term debt	0	0
Long-term notes payable to affiliates	0	21
Deferred income taxes	33.4	28.8
Pension and post-retirement benefit obligations	29.3	32.4
Other non-current liabilities	45.4	40.9
Total liabilities	476.9	514.2
Stockholders' equity:
Common stock	224	227.5
Treasury stock	0	0
Paid-in capital	743	743.2
Accumulated other comprehensive loss	(278.3)	(305.8)
(Accumulated deficit) retained earnings	95	91.6
Total stockholders' equity	783.7	756.5
Total liabilities and stockholders' equity	$ 1,260.6	$ 1,270.7

Condensed Consolidating Finan62

Condensed Consolidating Financial Information (Condensed Consolidating Statement of Comprehensive Income) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Condensed Financial Statements, Captions [Line Items]
Net sales		$ 278.1	$ 290
Cost of products sold		195.7	209.8
Gross profit		82.4	80.2
Advertising, selling, general and administrative expenses		71.2	72.9
Amortization of intangibles		4.7	5.2
Restructuring credits		0	(0.5)
Operating income	[1]	6.5	2.6
Expense (income) from affiliates		0	0
Interest expense		10.7	11.2
Interest income		(1.4)	(1.1)
Equity in earnings of joint ventures		(1.3)	(1.4)
Other expense (income), net		1.1	(0.4)
Income (loss) before income taxes and earnings of wholly owned subsidiaries		(2.6)	(5.7)
Income tax (benefit) expense		(7.4)	0.1
Income (loss) before earnings of wholly owned subsidiaries		4.8	(5.8)
Earnings of wholly owned subsidiaries		0	0
Net income (loss)		4.8	(5.8)
Comprehensive (loss) income		32.1	(79.8)
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net sales		(10.1)	(11.5)
Cost of products sold		(10.1)	(11.5)
Gross profit		0	0
Advertising, selling, general and administrative expenses		0	0
Amortization of intangibles		0	0
Restructuring credits			0
Operating income		0	0
Expense (income) from affiliates		0	0
Interest expense		0	0
Interest income		0	0
Equity in earnings of joint ventures		0	0
Other expense (income), net		0	0
Income (loss) before income taxes and earnings of wholly owned subsidiaries		0	0
Income tax (benefit) expense		0	0
Income (loss) before earnings of wholly owned subsidiaries		0	0
Earnings of wholly owned subsidiaries		(20.7)	(17.5)
Net income (loss)		(20.7)	(17.5)
Comprehensive (loss) income		(48.3)	51.1
Parent | Reportable Legal Entities [Member]
Condensed Financial Statements, Captions [Line Items]
Net sales		0	0
Cost of products sold		0	0
Gross profit		0	0
Advertising, selling, general and administrative expenses		11.1	9.7
Amortization of intangibles		0	0
Restructuring credits			0
Operating income		(11.1)	(9.7)
Expense (income) from affiliates		(0.2)	(0.3)
Interest expense		10.7	11.4
Interest income		0	0
Equity in earnings of joint ventures		0	0
Other expense (income), net		0.3	0.2
Income (loss) before income taxes and earnings of wholly owned subsidiaries		(21.9)	(21)
Income tax (benefit) expense		(11)	(3.1)
Income (loss) before earnings of wholly owned subsidiaries		(10.9)	(17.9)
Earnings of wholly owned subsidiaries		15.7	12.1
Net income (loss)		4.8	(5.8)
Comprehensive (loss) income		32.1	(79.8)
Guarantors | Reportable Legal Entities [Member]
Condensed Financial Statements, Captions [Line Items]
Net sales		168.1	169.3
Cost of products sold		120.4	125.8
Gross profit		47.7	43.5
Advertising, selling, general and administrative expenses		36.4	36.2
Amortization of intangibles		3.9	4.3
Restructuring credits			(0.5)
Operating income		7.4	3.5
Expense (income) from affiliates		(4.1)	(5.2)
Interest expense		0	0
Interest income		0	0
Equity in earnings of joint ventures		0	0
Other expense (income), net		0.8	(0.4)
Income (loss) before income taxes and earnings of wholly owned subsidiaries		10.7	9.1
Income tax (benefit) expense		0	0
Income (loss) before earnings of wholly owned subsidiaries		10.7	9.1
Earnings of wholly owned subsidiaries		5	5.4
Net income (loss)		15.7	14.5
Comprehensive (loss) income		15.8	14
Non-Guarantors | Reportable Legal Entities [Member]
Condensed Financial Statements, Captions [Line Items]
Net sales		120.1	132.2
Cost of products sold		85.4	95.5
Gross profit		34.7	36.7
Advertising, selling, general and administrative expenses		23.7	27
Amortization of intangibles		0.8	0.9
Restructuring credits			0
Operating income		10.2	8.8
Expense (income) from affiliates		4.3	5.5
Interest expense		0	(0.2)
Interest income		(1.4)	(1.1)
Equity in earnings of joint ventures		(1.3)	(1.4)
Other expense (income), net		0	(0.2)
Income (loss) before income taxes and earnings of wholly owned subsidiaries		8.6	6.2
Income tax (benefit) expense		3.6	3.2
Income (loss) before earnings of wholly owned subsidiaries		5	3
Earnings of wholly owned subsidiaries		0	0
Net income (loss)		5	3
Comprehensive (loss) income		$ 32.5	$ (65.1)
[1]	Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less advertising, selling, general and administrative expenses; iv) less amortization of intangibles; and v) less restructuring charges.

Condensed Consolidating Finan63

Condensed Consolidating Financial Information (Condensed Consolidating Statements of Cash Flows) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	$ 51.6	$ 49.9
Investing activities
Additions to property, plant and equipment	(3.9)	(8.7)
Payments for (proceeds from) interest in affiliates	0	0
Proceeds from the disposition of assets	0	0.1
Net cash used by investing activities	(3.9)	(8.6)
Financing activities
Intercompany financing	0	0
Net dividends	0	0
Borrowings of notes payable, net	0	19.8
Repurchases of common stock	0	(14.6)
Payments related to tax withholding for share-based compensation	(5)	(4.8)
Excess tax benefit from share-based compensation	0.9	0
Proceeds from the exercise of stock options	0.3	0
Net cash (used) provided by financing activities	(3.8)	0.4
Effect of foreign exchange rate changes on cash and cash equivalents	3.1	(4.1)
Net increase in cash and cash equivalents	47	37.6
Cash and cash equivalents:
Beginning of the period	55.4	53.2
End of the period	102.4	90.8
Reportable Legal Entities [Member] | Parent
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	(11.3)	(11.7)
Investing activities
Additions to property, plant and equipment	0	0
Payments for (proceeds from) interest in affiliates	0	0
Proceeds from the disposition of assets		0
Net cash used by investing activities	0	0
Financing activities
Intercompany financing	13.7	(1.4)
Net dividends	4.3	9.3
Borrowings of notes payable, net		20
Repurchases of common stock		(14.6)
Payments related to tax withholding for share-based compensation	(5)	(4.8)
Excess tax benefit from share-based compensation	0.9
Proceeds from the exercise of stock options	0.3
Net cash (used) provided by financing activities	14.2	8.5
Effect of foreign exchange rate changes on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	2.9	(3.2)
Cash and cash equivalents:
Beginning of the period	0.8	9.7
End of the period	3.7	6.5
Reportable Legal Entities [Member] | Guarantors
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	16	17.1
Investing activities
Additions to property, plant and equipment	(1.4)	(5.3)
Payments for (proceeds from) interest in affiliates	4.5	7.9
Proceeds from the disposition of assets		0
Net cash used by investing activities	3.1	2.6
Financing activities
Intercompany financing	3.4	(11.9)
Net dividends	(2.5)	(7.9)
Borrowings of notes payable, net		0
Repurchases of common stock		0
Payments related to tax withholding for share-based compensation	0	0
Excess tax benefit from share-based compensation	0
Proceeds from the exercise of stock options	0
Net cash (used) provided by financing activities	0.9	(19.8)
Effect of foreign exchange rate changes on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	20	(0.1)
Cash and cash equivalents:
Beginning of the period	0.3	0.1
End of the period	20.3	0
Reportable Legal Entities [Member] | Non-Guarantors
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	46.9	44.5
Investing activities
Additions to property, plant and equipment	(2.5)	(3.4)
Payments for (proceeds from) interest in affiliates	(4.5)	(7.9)
Proceeds from the disposition of assets		0.1
Net cash used by investing activities	(7)	(11.2)
Financing activities
Intercompany financing	(17.1)	13.3
Net dividends	(1.8)	(1.4)
Borrowings of notes payable, net		(0.2)
Repurchases of common stock		0
Payments related to tax withholding for share-based compensation	0	0
Excess tax benefit from share-based compensation	0
Proceeds from the exercise of stock options	0
Net cash (used) provided by financing activities	(18.9)	11.7
Effect of foreign exchange rate changes on cash and cash equivalents	3.1	(4.1)
Net increase in cash and cash equivalents	24.1	40.9
Cash and cash equivalents:
Beginning of the period	54.3	43.4
End of the period	$ 78.4	$ 84.3

Condensed Consolidating Finan64

Condensed Consolidating Financial Information (Narrative) (Details)	Mar. 31, 2016	Dec. 31, 2015
Senior Unsecured Note, due April 2020 6 point 75 | Senior Unsecured Notes
Debt Instrument [Line Items]
Stated Percentage	6.75%	6.75%