Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 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 September 30, 2022 and December 31, 2021 (in millions):

Successor
	Medical		Industrial		Consolidated
Balance—December 31, 2021	$	712.5	$	950.1	$	1,662.6
CI acquisition			4.9		4.9
Goodwill impairment	—		(55.2)		(55.2)
Business Combination and other acquisitions - measurement period adjustments	(1.9)		4.6		2.7
Translation adjustment	—		(64.0)		(64.0)
Balance—September 30, 2022	$	710.6	$	840.4	$	1,551.0

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
		September 30, 2022
	Original Average  Life in Years	Gross Carrying  Amount		Accumulated  Amortization		Net Book  Value
Customer relationships	6 - 13	$	330.9	$	(65.6)	$	265.2
Distributor relationships	7 - 13	60.6		(6.9)		53.7
Developed technology	5 - 16	240.9		(27.9)		213
Trade names	3 - 10	95.6		(9.2)		86.4
Backlog and other	1 - 4	80.6		(30.5)		50.1
Total		$	808.6	$	(140.1)	$	668.5
		December 31, 2021
	Original Average  Life in Years	Gross Carrying  Amount		Accumulated  Amortization		Net Book  Value
Customer relationships	6 - 13	$	341.0	$	(15.3)	$	325.7
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):

	Successor		Predecessor		Successor		Predecessor
	Three Months Ended September 30,		Three Months Ended September 30,		Nine Months Ended September 30,		Nine Months Ended September 30,
	2022		2021		2022		2021
Amortization expense for intangible assets in:
Cost of revenues	$	6.6	$	5.4	$	19.9	$	16.7
Operating expenses	$	28.6	$	10.7	$	91.6	$	36.6