XML 55 R44.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following table represents the percentage of revenue recognized either at a point in time or over time:
SuccessorPredecessor
Six months endedSix months ended
Timing of revenue recognitionJune 30, 2024June 30, 2023
Products transferred at a point in time42 %41 %
Products and services transferred over time58 %59 %
Net sales100 %100 %
Schedule of Receivables and Deferred Revenue from Contracts with Customers
The following table provides information about receivables and deferred revenue, which represent contract liabilities from contracts with customers:
Contract balance informationTrade receivablesContract liabilities
Balance at December 31, 2023 (Successor)$721.8 $376.2 
Balance at June 30, 2024 (Successor)$650.0 $356.6