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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Gain (Loss) Recognized on Non-Designated Derivative Instruments (Details) - USD ($)
$ in Millions
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2023
Aug. 12, 2023
Dec. 31, 2022
Dec. 31, 2021
Gain (loss) recognized on non-designated derivative instruments:        
Gain (loss) recognized on derivative instruments $ (0.4) $ (0.5) $ (5.0) $ (12.9)
Interest rate swap        
Gain (loss) recognized on non-designated derivative instruments:        
Gain (loss) recognized on derivative instruments 0.0 (0.5) (4.4) (8.4)
Foreign exchange forward contracts | Net sales        
Gain (loss) recognized on non-designated derivative instruments:        
Gain (loss) recognized on derivative instruments 0.0 0.0 (0.1) 0.0
Foreign exchange forward contracts | Cost of sales        
Gain (loss) recognized on non-designated derivative instruments:        
Gain (loss) recognized on derivative instruments 0.0 0.0 (0.5) 0.1
Foreign exchange forward contracts | Foreign exchange gain (loss), net        
Gain (loss) recognized on non-designated derivative instruments:        
Gain (loss) recognized on derivative instruments $ (0.4) $ 0.0 $ 0.0 $ (4.6)