Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table represents the percentage of revenue recognized either at a point in time or over time:

	Successor		Predecessor
	Three months ended		Three months ended
Timing of revenue recognition	March 31, 2024		March 31, 2023
Products transferred at a point in time	41	%	40	%
Products and services transferred over time	59	%	60	%
Net sales	100	%	100	%

Schedule of Receivables and Deferred Revenue from Contracts with Customers

The following table provides information about receivables and deferred revenue, which represent contract liabilities from contracts with customers:

Contract balance information	Trade receivables		Contract liabilities
Balance at December 31, 2023 (Successor)	$	721.8	$	376.2
Balance at March 31, 2024 (Successor)	$	660.7	$	381.5