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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2022 and December 31, 2021 (in millions):
Successor
MedicalIndustrialConsolidated
Balance—December 31, 2021$712.5 $950.1 $1,662.6 
Goodwill impairment— (55.2)(55.2)
Business Combination - measurement period adjustments(0.5)(1.7)(2.2)
Translation adjustment— (38.6)(38.6)
Balance—June 30, 2022$712.0 $854.6 $1,566.6 
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
June 30, 2022
Original Average
 Life in Years
Gross Carrying
 Amount
Accumulated
 Amortization
Net Book
 Value
Customer relationships
6 - 13
$335.2 $(49.9)$285.3 
Distributor relationships
7 - 13
60.8 (5.1)55.7 
Developed technology
 5 - 16
243.3 (20.8)222.5 
Trade names
3 - 10
97.5 (7.0)90.5 
Backlog and other
1 - 4
82.7 (24.0)58.7 
Total$819.5 $(106.8)$712.7 
December 31, 2021
Original Average
 Life in Years
Gross Carrying
 Amount
Accumulated
 Amortization
Net Book
 Value
Customer relationships
6 - 13
$341.0 $(15.3)$325.7 
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):
SuccessorPredecessorSuccessorPredecessor
Three Months Ended June 30,Three Months Ended June 30,Six Months Ended June 30,Six Months Ended June 30,
2022202120222021
Amortization expense for intangible assets in:
Cost of revenues$6.6 $4.4 $13.3 $11.3 
Operating expenses$30.9 $14.2 $63.0 $25.9