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v3.23.3

Debt - Narrative (Details) | Apr. 04, 2022 USD ($) | Jun. 30, 2024 | Sep. 29, 2023 USD ($) | Jun. 30, 2023
--- | --- | --- | --- | ---
Debt Instrument [Line Items] |  |  |  |
Deferred financing fees |  |  | $ 2,700,000 |
Letters of credit outstanding |  |  | 28,100,000 |
Other Noncurrent Assets |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Deferred financing fees |  |  | 1,000,000 |
Long-Term Debt |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Deferred financing fees |  |  | $ 1,700,000 |
Enovis Corporation |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Cash consideration | $ 1,200,000,000 |  |  |
The Credit Agreement |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Indebtedness incurred | $ 1,200,000,000 |  |  |
Weighted-average interest rate (as a percent) |  |  | 5.22% |
The Credit Agreement | SOFR | Minimum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate (as a percent) | 1.125% |  |  |
The Credit Agreement | SOFR | Maximum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate (as a percent) | 1.75% |  |  |
The Credit Agreement | Base Rate | Minimum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate (as a percent) | 0.125% |  |  |
The Credit Agreement | Base Rate | Maximum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate (as a percent) | 0.75% |  |  |
The Credit Agreement | Line of Credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Maximum total leverage ratio |  |  | 4 |
Maximum step-down leverage ratio |  |  |  | 3.75
Minimum interest coverage ratio |  |  | 3 |
The Credit Agreement | Line of Credit | Scenario, Forecast |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Maximum step-down leverage ratio |  | 3.5 |  |
Revolving credit facilities | The Credit Agreement | Line of Credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Aggregate principal amount | $ 750,000,000 |  |  |
Repayments of borrowings on revolving credit facility and other | 200,000,000 |  |  |
Capacity for additional indebtedness |  |  | $ 653,000,000 |
Term loans | The Credit Agreement | Senior Notes |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Principal amount | $ 600,000,000 |  |  |
Debt term | 364 days |  |  |
Indebtedness incurred | $ 600,000,000 |  |  |
Term loans | The Credit Agreement | Line of Credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Principal amount | 400,000,000 |  |  |
Indebtedness incurred | 400,000,000 |  |  |
Letter of Credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Aggregate principal amount |  |  | 110,300,000 |
Letter of Credit | The Credit Agreement | Line of Credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Aggregate principal amount | 300,000,000 |  |  |
Letter of Credit | Uncommitted Credit Line |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Aggregate principal amount |  |  | $ 76,000,000 |
Bridge Loan | The Credit Agreement | Line of Credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Aggregate principal amount | $ 50,000,000 |  |  |

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