Product Warranties

12 Months Ended

Dec. 31, 2023

Product Warranties Disclosures [Abstract]

Product Warranties

Product Warranties

The following table sets forth the changes in the carrying amount of product warranties liability:

			Year Ended December 31, 2022
	Successor				Predecessor
	Year Ended December 31, 2023		July 25, 2022 through December 31, 2022		January 1, 2022 through July 24, 2022
Balance, beginning of period(1)	$	202,463	$	203,011	$	218,356
Acquisitions	2,721		—		189
Divestitures	—		—		(4,345)
Warranties sold	1,385		879		1,052
Revenue recognized	(2,458)		(1,135)		(1,383)
Expense	33,245		17,019		26,910
Settlements	(43,119)		(17,311)		(21,311)
Balance, end of period	$	194,237	$	202,463	$	219,468
Reflected as:
Current liabilities – Rebates, warranties and other customer-related liabilities	$	23,029	$	25,304	$	26,888
Noncurrent liabilities – Other long-term liabilities	171,208		177,159		192,580
Total product warranty liability	$	194,237	$	202,463	$	219,468

(1)    In connection with the Merger, the beginning balance for the Successor period reflects acquisition-related adjustments of $16.5 million.