ACCO BRANDS Corp
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 21, 2025
ACCO$5.27+4.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31,2024 | December 31,2023 | |
|---|---|---|
| (in millions) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $74.1 | $66.4 |
| Accounts receivable less allowances of $16.2 and $22.9, respectively | 348.9 | 430.7 |
| Inventories | 270.4 | 327.5 |
| Other current assets | 38.1 | 30.8 |
| Total current assets | 731.5 | 855.4 |
| Total property, plant and equipment | 505.5 | 599.6 |
| Less: accumulated depreciation | (368.0) | (429.5) |
| Property, plant and equipment, net | 137.5 | 170.1 |
| Right of use asset, leases | 81.0 | 91.0 |
| Deferred income taxes | 89.3 | 104.7 |
| Goodwill | 446.4 | 590.0 |
| Identifiable intangibles, net of accumulated amortization of $460.0 and $429.5, respectively | 709.6 | 815.7 |
| Other non-current assets | 33.1 | 17.9 |
| Total assets | $2,228.4 | $2,644.8 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Notes payable | $10.5 | $0.2 |
| Current portion of long-term debt | 40.8 | 36.5 |
| Accounts payable | 167.3 | 183.7 |
| Accrued compensation | 43.2 | 53.3 |
| Accrued customer program liabilities | 78.5 | 104.0 |
| Lease liabilities | 21.5 | 20.5 |
| Other current liabilities | 128.5 | 143.8 |
| Total current liabilities | 490.3 | 542.0 |
| Long-term debt, net of debt issuance costs of $5.1 and $6.7, respectively | 783.3 | 882.2 |
| Long-term lease liabilities | 66.9 | 76.8 |
| Deferred income taxes | 111.9 | 125.6 |
| Pension and post-retirement benefit obligations | 117.2 | 157.6 |
| Other non-current liabilities | 52.7 | 73.6 |
| Total liabilities | 1,622.3 | 1,857.8 |
| Stockholders' equity: | ||
| Preferred stock, $0.01 par value, 25,000,000 shares authorized; none issued and none outstanding | — | — |
| Common stock, $0.01 par value, 200,000,000 shares authorized; 98,131,339 and 99,819,679 shares issued and 92,881,008 and 94,925,652 outstanding, respectively | 1.0 | 1.0 |
| Treasury stock, 5,250,331 and 4,894,027 shares, respectively | (47.0) | (45.1) |
| Paid-in capital | 1,911.8 | 1,913.4 |
| Accumulated other comprehensive loss | (572.1) | (526.3) |
| Accumulated deficit | (687.6) | (556.0) |
| Total stockholders' equity | 606.1 | 787.0 |
| Total liabilities and stockholders' equity | $2,228.4 | $2,644.8 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.