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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Changes in Company’s AOCI, Net of Tax, By Component (Details) - USD ($)
$ in Millions
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2023
Aug. 12, 2023
Dec. 31, 2022
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Balance $ 1,052.9 $ (1,371.1) $ (837.0)
Balance 1,079.2 1,052.9 (1,371.1)
Other comprehensive (loss) income before reclassifications within the translation component, amount excluded   (9.7)  
Accumulated Other Comprehensive Income (Loss)      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Balance 0.0 (360.0) (378.5)
Other comprehensive (loss) income before reclassifications 13.6 36.9 (32.0)
Amounts reclassified from AOCI (6.0) 3.1 50.5
Fresh Start Accounting Adjustments   320.0  
Net current period other comprehensive income (loss) 7.6 360.0 18.5
Balance 7.6 0.0 (360.0)
Translation      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Balance 0.0 (352.1) (310.9)
Other comprehensive (loss) income before reclassifications 14.2 28.7 (41.2)
Amounts reclassified from AOCI 0.0 0.0 0.0
Fresh Start Accounting Adjustments   323.4  
Net current period other comprehensive income (loss) 14.2 352.1 (41.2)
Balance 14.2 0.0 (352.1)
Other comprehensive (loss) income before reclassifications within the translation component, amount excluded (0.2)   (5.9)
Hedges | Foreign exchange forward contracts      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Balance 0.0 (1.9) (1.9)
Other comprehensive (loss) income before reclassifications (0.1) 4.7 0.0
Amounts reclassified from AOCI 0.0 0.0 0.0
Fresh Start Accounting Adjustments   (2.8)  
Net current period other comprehensive income (loss) (0.1) 1.9 0.0
Balance (0.1) 0.0 (1.9)
Hedges | Interest rate swap      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Balance 0.0 5.3 0.4
Other comprehensive (loss) income before reclassifications 0.0 3.4 5.5
Amounts reclassified from AOCI 0.0 0.0 (0.6)
Fresh Start Accounting Adjustments   (8.7)  
Net current period other comprehensive income (loss) 0.0 (5.3) 4.9
Balance 0.0 0.0 5.3
Pension and Other Post-Retirement Benefits      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Balance 0.0 (12.6) (64.6)
Other comprehensive (loss) income before reclassifications (0.1) 0.1 0.9
Amounts reclassified from AOCI (6.0) 3.1 51.1
Fresh Start Accounting Adjustments   9.4  
Net current period other comprehensive income (loss) (6.1) 12.6 52.0
Balance (6.1) 0.0 (12.6)
Other      
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]      
Balance 0.0 1.3 (1.5)
Other comprehensive (loss) income before reclassifications (0.4) 0.0 2.8
Amounts reclassified from AOCI 0.0 0.0 0.0
Fresh Start Accounting Adjustments   (1.3)  
Net current period other comprehensive income (loss) (0.4) (1.3) 2.8
Balance $ (0.4) $ 0.0 $ 1.3