Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table shows changes in the carrying amount of goodwill by reportable segment as of March 31, 2022 and December 31, 2021 (in millions):

Successor
	Medical		Industrial		Consolidated
Balance—December 31, 2021	$	712.5	$	950.1	$	1,662.6
Translation adjustment	—		(10.1)		(10.1)
Balance—March 31, 2022	$	712.5	$	940.0	$	1,652.5

Schedule of Finite-Lived Intangible Assets

A summary of intangible assets useful lives, gross carrying value and related accumulated amortization is below (in millions):

Successor
		March 31, 2022
	Original Average  Life in Years	Gross Carrying  Amount		Accumulated  Amortization		Net Book  Value
Customer relationships	6 - 13	$	339.5	$	(33.2)	$	306.3
Distributor relationships	7 - 13	61.0		(3.4)		57.6
Developed technology	5 - 16	249.2		(13.5)		235.7
Trade names	3 - 10	99.4		(4.6)		94.8
Backlog and other	1 - 4	84.9		(15.8)		69.1
Total		$	834.0	$	(70.5)	$	763.5
		December 31, 2021
	Original Average  Life in Years	Gross Carrying  Amount		Accumulated  Amortization		Net Book  Value
Customer relationships	6 - 13	$	341.0	$	(15.3)	$	325.8
Distributor relationships	7 - 13	61.0		(1.5)		59.5
Developed technology	5 - 16	251.2		(5.9)		245.3
Trade names	3 - 10	100.0		(2.1)		97.9
Backlog and other	1 - 4	85.7		(7.2)		78.4
Total		$	838.9	$	(32.0)	$	806.9

Schedule of Finite-lived Intangible Assets Amortization Expense

Aggregate amortization expense for intangible assets included in cost of revenues and operating expenses was as follows (in millions):

	Successor		Predecessor
	Three Months Ended March 31, 2022		Three Months Ended March 31, 2021
Amortization expense for intangible assets in:
Cost of revenues	$	6.7	$	6.9
Operating expenses	$	32.1	$	11.7