Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Outstanding Debt Balances

Outstanding debt balances were as follows:

	Successor		Successor
	March 31, 2024		December 31, 2023
Notes payable – current
Other	0.5		0.3
	$	0.5	$	0.3
Long-term debt
Exit Facility	1,050.0		1,250.0
Revolving Facility	50.0		—
Other	15.0		3.6
	$	1,115.0	$	1,253.6
Long-term deferred financing fees	(5.3)		(1.2)
	$	1,109.7	$	1,252.4

Schedule Of Cash Flows Related To Debt Borrowings And Repayments

The cash flows related to debt borrowings and repayments were as follows:

	Successor		Predecessor
	Three months ended		Three months ended
	March 31, 2024		March 31, 2023
Revolving credit facility borrowings	$	200.0	$	102.7
Revolving credit facility repayments	$	(150.0)	$	(80.0)
Other debt borrowings
International short-term uncommitted lines of credit borrowings	$	0.2	$	2.3
Other debt repayments
Payments on Exit Financing	$	(200.0)	$	—
Payments on Term Loan B Facility - USD under the Credit Agreement	—		(1.3)
Payments on Term Loan B Facility - Euro under the Credit Agreement	—		(0.3)
International short-term uncommitted lines of credit and other repayments	(0.1)		(0.5)
	$	(200.1)	$	(2.1)

Schedule of Financing Facilities

Below is a summary of financing information:

Financing Facilities	Interest Rate Index and Margin	Maturity/Termination Dates	Initial Term (Years)
Exit Facility(i)	SOFR + 7.50%	August 2028	5.0
Revolving Credit Facility - Term Benchmark Advances(ii)	SOFR + 4.00%	February 2027	3.0

(i)SOFR with a floor of 4.0 percent

(ii)    SOFR with a floor of 1.5 percent