FAIR VALUE OF ASSETS AND LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Recorded at Fair Market Value

Assets and liabilities subject to fair value measurement by fair value level and recorded at fair value are as follows:

		Successor						Predecessor
	Classification on consolidated balance sheets	December 31, 2023						December 31, 2022
		Fair Value		Level 1		Level 2		Fair Value		Level 1		Level 2
Assets
Certificates of deposit	Short-term investments	$	13.4	$	13.4	$	—	$	24.6	$	24.6	$	—
Assets held in rabbi trusts	Securities and other investments	2.9		2.9		—		4.4		4.4		—
Total		$	16.3	$	16.3	$	—	$	29.0	$	29.0	$	—
Liabilities
Foreign exchange forward contracts	Other current liabilities	$	0.4	$	—	$	0.4	$	—	$	—	$	—
Deferred compensation	Other liabilities	2.9		2.9		—		4.4		4.4		—
Total		$	3.3	$	2.9	$	0.4	$	4.4	$	4.4	$	—