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Derivatives and Hedging (Tables)
 12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value The following table presents the fair values of the Company’s derivative instruments that were designated and qualified as part of a hedging relationship (in millions):
Fair Value (1)
Derivatives Designated as Hedging InstrumentsBalance Sheet LocationDecember 31, 2022December 31, 2021
Assets:
Accrued Interest Receivable on Cross-Currency Rate SwapsPrepaid expenses and other currents assets$0.1 $— 
Total assets$0.1 $— 
Liabilities:
Cross-Currency Rate SwapsOther noncurrent liabilities$12.9 $— 
Total liabilities$12.9 $— 
(1) Refer to Note 18 for additional information related to the estimated fair value.
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) The following table summarizes the notional values and pretax impact of changes in the fair values of instruments designated as net investment hedges (in millions):
Successor
Notional AmountGain (Loss) Recognized in AOCL
As ofYear Ended December 31, 2022From
October 20, 2021
through
December 31, 2021
December 31, 2022December 31, 2021
Cross-currency rate swaps€238.8 $— $(12.9)$— 
Total€238.8 $— $(12.9)$—