COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Changes in Qualified Settlement Funds Accounts and Product Liability Balance

The following table presents the changes in the mesh-related QSFs and liability accrual balances during the six months ended June 30, 2023 (in thousands):

	Mesh Qualified Settlement Funds		Mesh Liability Accrual (1)
Balance as of December 31, 2022	$	50,339	$	222,972
Additional charges	—		500
Cash distributions to settle disputes from Qualified Settlement Funds	(167)		(167)
Other (2)	656		656
Balance as of June 30, 2023	$	50,828	$	223,961

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(1)As of June 30, 2023 and December 31, 2022, the entire accrual is classified as Liabilities subject to compromise in the Condensed Consolidated Balance Sheets.

(2)Amounts deposited in the QSFs earn interest from time to time that is reflected in the table above as an increase to the QSF and Mesh Liability Accrual balances. Subject to any restrictions on making payments as a result of the Chapter 11 Cases, such interest is generally used to pay administrative costs of the funds and any interest remaining after all claims have been paid will generally be distributed to the claimants who participated in that settlement. Also included within this line are foreign currency adjustments for settlements not denominated in U.S. dollars.