LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Assets And Liabilities, Lessee

The following table summarizes the weighted-average remaining lease terms and discount rates related to the Company's lease population:

	Successor	Predecessor
	December 31, 2023	December 31, 2022
Weighted-average remaining lease terms (in years)
Operating leases	4.8	5.8
Finance leases	2.5	3.1
Weighted-average discount rate
Operating leases	8.3%	15.4%
Finance leases	6.6%	11.9%

The following table summarizes the balance sheet information related to leases:

	Successor		Predecessor
	December 31, 2023		December 31, 2022
Assets
Operating	$	98.7	$	108.5
Finance	6.9		10.3
Total leased assets	$	105.6	$	118.8
Current liabilities
Operating	$	39.6	$	39.0
Finance	3.7		4.1
Noncurrent liabilities
Operating	65.1		76.7
Finance	3.6		5.7
Total lease liabilities	$	112.0	$	125.5

Schedule of Lease, Cost

The following table summarizes the components of lease expense for the years ended December 31:

	Successor		Predecessor
	Period from 08/12/2023 through 12/31/2023		Period from 01/01/2023 through 08/11/2023		Years ended December 31,
					2022		2021
Lease expense
Operating lease expense	$	25.3	$	41.9	$	75.7	$	87.3
Finance lease expense
Amortization of ROU lease assets	$	1.9	$	2.4	$	4.1	$	2.9
Interest on lease liabilities	$	0.2	$	0.5	$	0.7	$	0.9
Variable lease expense	$	4.1	$	5.2	$	10.1	$	7.8

The following table summarizes the cash flow information related to leases:

	Successor		Predecessor
	Period from 08/12/2023 through 12/31/2023		Period from 01/01/2023 through 08/11/2023		Years ended December 31,
					2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating - operating cash flows	$	30.1	$	43.3	$	76.2	$	87.3
Finance - financing cash flows	$	2.2	$	2.5	$	4.3	$	2.3
Finance - operating cash flows	$	0.2	$	0.5	$	0.7	$	0.4
ROU lease assets obtained in the exchange for lease liabilities:
Operating leases	$	6.7	$	19.2	$	28.1	$	57.4
Finance leases	$	0.6	$	0.6	$	7.4	$	4.5

Schedule of Finance Lease, Liability, to be Paid, Maturity

The following table summarizes the maturities of lease liabilities:

	Operating		Finance
2024	$	46.6	$	4.1
2025	30.0		1.9
2026	17.6		1.1
2027	10.3		0.6
2028	5.1		0.2
Thereafter	15.7		—
Total	125.3		7.9
Less: Present value discount	(20.6)		(0.6)
Lease liability	$	104.7	$	7.3

Schedule of Lessee, Operating Lease, Liability, Maturity

The following table summarizes the maturities of lease liabilities:

	Operating		Finance
2024	$	46.6	$	4.1
2025	30.0		1.9
2026	17.6		1.1
2027	10.3		0.6
2028	5.1		0.2
Thereafter	15.7		—
Total	125.3		7.9
Less: Present value discount	(20.6)		(0.6)
Lease liability	$	104.7	$	7.3