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Revenue (Tables) | 7 Months Ended | 9 Months Ended
--- | --- | ---
Dec. 31, 2021 | Sep. 30, 2022
Revenue from Contract with Customer [Abstract] |  |
Schedule of Revenue by Major Customers by Reporting Segments | The Company disaggregates its revenue into the following product groups:
|  | For the period from inception (May 19, 2021) to December 31, 2021 |
|  | (In thousands) |
Consumables |  | $ | 50,916 |
Equipment |  |  | 9,005 |
|  | $ | 59,921 |
| Substantially all revenue is recognized at a point in time. The Company disaggregates its revenue into the following product groups:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, 2022 |  |  | October 1, 2021 |  |  | September 30, 2022 |  |  | October 1, 2021 |
|  | (In thousands) |
Equipment |  | $ | 168,633 |  |  | $ | 192,365 |  |  | $ | 547,555 |  |  | $ | 564,971 |
Consumables |  |  | 451,632 |  |  |  | 413,603 |  |  |  | 1,381,798 |  |  |  | 1,238,929 |
Total |  | $ | 620,265 |  |  | $ | 605,968 |  |  | $ | 1,929,353 |  |  | $ | 1,803,900 |
Schedule of Allowance for Credit Losses |  | A summary of the activity in the Company’s allowance for credit losses included within Trade receivables in the Consolidated and Combined Condensed Balance Sheets is as follows:
|  | Nine Months Ended September 30, 2022 |
|  | Balance at Beginning of Period |  |  | Charged to Expense, net |  |  | Write-Offs and Deductions |  |  | Foreign Currency Translation |  |  | Balance at End of Period |
|  | (In thousands) |
Allowance for credit losses |  | $ | 23,912 |  |  | $ | 4,756 |  |  | $ | (4,633 | ) |  | $ | (471 | ) |  | $ | 23,564 |

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- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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