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Contracts in Progress (Tables) | 12 Months Ended
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Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |
Schedule of Cost and Billings on Uncompleted Construction Type Long Term Contracts or Programs | Costs and billings on uncompleted construction-type contracts consist of the following (in millions):
| Successor |  |  | Predecessor
| December 31, 2021 |  |  | June 30, 2021 |  | June 30, 2020
Costs incurred on contracts (from inception to completion) | $ | 199.4 |  |  |  | $ | 185.8 |  |  | $ | 152.5 |
Estimated earnings | 125.5 |  |  |  | 133.2 |  |  | 108.9 |
Contracts in progress | 324.9 |  |  |  | 319.0 |  |  | 261.4 |
Less: billings to date | (281.8) |  |  |  | (261.9) |  |  | (209.8) |
Less: write-offs | — |  |  |  | (2.7) |  |  | — |
| $ | 43.1 |  |  |  | $ | 54.4 |  |  | $ | 51.6 |
Schedule of Costs in Excess of Billings and Billings in Excess of Costs on Uncompleted Contracts | The carrying amounts related to uncompleted construction-type contracts are included in the accompanying balance sheets under the following captions (in millions):
| Successor |  |  | Predecessor
| December 31, 2021 |  |  | June 30, 2021 |  | June 30, 2020
Costs and estimated earnings in excess of billings on uncompleted contracts – current | $ | 56.3 |  |  |  | $ | 57.2 |  |  | $ | 59.5 |
Costs and estimated earnings in excess of billings on uncompleted contracts – noncurrent (1) | 6.5 |  |  |  | 8.1 |  |  | — |
Billings in excess of costs and estimated earnings on uncompleted contracts – current (2) | (17.6) |  |  |  | (8.0) |  |  | (8.0) |
Billings in excess of costs and estimated earnings on uncompleted contracts – noncurrent (3) | (2.1) |  |  |  | (2.9) |  |  | — |
| $ | 43.1 |  |  |  | $ | 54.4 |  |  | $ | 51.5 |
(1)Included in other assets within the consolidated balance sheets. (2)Included in deferred contract revenue – current within the consolidated balance sheets. (3)Included in other liabilities within the consolidated balance sheets.

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- Definition Schedule of cost and billings on uncompleted construction type long term contracts or programs. + References No definition available. + Details
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