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Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2023
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost
The following tables set forth the net periodic benefit cost for the Company’s U.S. defined benefit pension plans:

SuccessorPredecessor
Period fromPeriod fromThree months ended
08/12/2023 through 09/30/202307/01/2023 through 08/11/2023September 30, 2022
Components of net periodic benefit cost
Interest cost$2.7 $2.2 $4.5 
Expected return on plan assets(2.1)(2.0)(4.3)
Recognized net actuarial loss — — 0.2 
Settlement loss recognized— — 14.3 
Net periodic pension benefit cost$0.6 $0.2 $14.7 

SuccessorPredecessor
Period fromPeriod fromNine months ended
08/12/2023 through 09/30/202301/01/2023 through 08/11/2023September 30, 2022
Components of net periodic benefit cost
Interest cost$2.7 $11.9 $13.0 
Expected return on plan assets(2.1)(11.0)(15.9)
Recognized net actuarial loss — 0.4 3.3 
Settlement loss recognized— — 14.3 
Net periodic pension benefit cost$0.6 $1.3 $14.7 
The following tables set forth the net periodic benefit cost for the Company’s Non-U.S. defined benefit pension plans:

SuccessorPredecessor
Period fromPeriod fromThree months ended
08/12/2023 through 09/30/202307/01/2023 through 08/11/2023September 30, 2022
Components of net periodic benefit cost
Service cost$1.0 $0.8 $2.4 
Interest cost1.6 1.5 1.1 
Expected return on plan assets(2.0)(1.7)(3.8)
Recognized net actuarial gain— (0.5)(0.4)
Amortization of prior service cost— (0.1)(0.1)
Settlement gain recognized— (2.1)— 
Net periodic pension benefit cost$0.6 $(2.1)$(0.8)

SuccessorPredecessor
Period fromPeriod fromNine months ended
08/12/2023 through 09/30/202301/01/2023 through 08/11/2023September 30, 2022
Components of net periodic benefit cost
Service cost$1.0 $3.9 $7.1 
Interest cost1.6 7.2 3.3 
Expected return on plan assets(2.0)(8.4)(11.6)
Recognized net actuarial gain— (2.3)(1.3)
Amortization of prior service cost— (0.5)(0.3)
Settlement gain recognized— (2.1)— 
Net periodic pension benefit cost$0.6 $(2.2)$(2.8)
The following tables set forth the net periodic benefit cost for the Company’s other benefit plans during the period:
SuccessorPredecessor
Period fromPeriod fromThree months ended
08/12/2023 through 09/30/202307/01/2023 through 08/11/2023September 30, 2022
Components of net periodic benefit cost
Interest cost$— $0.1 $0.1 
Recognized net actuarial gain— (0.1)(0.1)
Net periodic pension benefit cost$— $— $— 

SuccessorPredecessor
Period fromPeriod fromNine months ended
08/12/2023 through 09/30/202301/01/2023 through 08/11/2023September 30, 2022
Components of net periodic benefit cost
Interest cost$— $0.2 $0.2 
Recognized net actuarial gain— (0.3)(0.3)
Net periodic pension benefit cost$— $(0.1)$(0.1)

The following table represents the weighted-average assumptions used to determine net periodic benefit cost:
SuccessorPredecessor
September 30, 2023December 31, 2022
U.S. PlansNon-U.S. PlansOther BenefitsU.S. PlansNon-U.S. PlansOther Benefits
Discount rate3.16%2.38%6.83%2.99%2.39%4.22%
Expected long-term return on plan assets5.25%3.75%N/A5.25%3.30%N/A
Rate of compensation increaseN/A3.88%N/AN/A3.89%N/A