Debt - Credit Facilities - Additional Information (Detail) |
3 Months Ended | 6 Months Ended | |||||||||||||
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Aug. 01, 2025
USD ($)
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Jun. 27, 2025
USD ($)
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Jan. 24, 2025
USD ($)
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Jan. 24, 2025
EUR (€)
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Jan. 23, 2025 |
May 16, 2024
USD ($)
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Aug. 17, 2022
USD ($)
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Jun. 30, 2025
USD ($)
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Jun. 30, 2024
USD ($)
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Jun. 30, 2025
USD ($)
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Jun. 30, 2025
EUR (€)
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Jun. 30, 2024
USD ($)
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Jun. 30, 2025
EUR (€)
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Dec. 31, 2024
USD ($)
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Aug. 17, 2022
EUR (€)
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Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate terms | borrowings under the Credit Facilities bore interest at a rate per annum equal to, at the Company’s option, any of the following, plus, in each case, an applicable margin: (a) with respect to the Revolving Facility and the USD Tranche B, (x) a base rate determined by reference to the highest of (1) the federal funds effective rate plus 0.50%, (2) the prime rate quoted in The Wall Street Journal, or (3) a forward-looking term rate based on Term SOFR (plus an applicable credit spread adjustment) for an interest period of one month, plus 1.00%; and (y) a Term SOFR rate (plus an applicable credit spread adjustment) for the interest period relevant to such borrowing, subject to a rate floor of (I) with respect to the USD Tranche B, 0.50% and (II) with respect to the Revolving Facility, 0.0%; and (b) with respect to the Euro Tranche B, a Euro Interbank Offered Rate (“EURIBOR”) rate determined by reference to the costs of funds for Euro deposits for the interest period relevant to such borrowing adjusted for certain additional costs, subject to a EURIBOR rate floor of 0.0%. | borrowings under the Credit Facilities bore interest at a rate per annum equal to, at the Company’s option, any of the following, plus, in each case, an applicable margin: (a) with respect to the Revolving Facility and the USD Tranche B, (x) a base rate determined by reference to the highest of (1) the federal funds effective rate plus 0.50%, (2) the prime rate quoted in The Wall Street Journal, or (3) a forward-looking term rate based on Term SOFR (plus an applicable credit spread adjustment) for an interest period of one month, plus 1.00%; and (y) a Term SOFR rate (plus an applicable credit spread adjustment) for the interest period relevant to such borrowing, subject to a rate floor of (I) with respect to the USD Tranche B, 0.50% and (II) with respect to the Revolving Facility, 0.0%; and (b) with respect to the Euro Tranche B, a Euro Interbank Offered Rate (“EURIBOR”) rate determined by reference to the costs of funds for Euro deposits for the interest period relevant to such borrowing adjusted for certain additional costs, subject to a EURIBOR rate floor of 0.0%. | |||||||||||||
Initial commitment fee percentage | 0.25% | 0.25% | |||||||||||||
Repayments of notes from proceeds from offering | $ 225,000,000 | $ 2,075,000,000 | |||||||||||||
Loss on extinguishment of debt | $ 2,000,000 | $ 38,000,000 | 5,000,000 | $ 47,000,000 | |||||||||||
Outstanding principal amount | 4,502,000,000 | $ 4,502,000,000 | $ 4,649,000,000 | ||||||||||||
Debt refinanced description | (i) refinanced its existing USD Tranche B loan and Euro Tranche B loan with a new $2,529 USD Tranche B loan and a new €596 Euro Tranche B loan, (ii) decreased the applicable margin for the USD Tranche B from 2.25% to 2.00% with respect to Term SOFR borrowings and from 1.25% to 1.00% with respect to base rate borrowings and (iii) decreased the applicable margin for the Euro Tranche B from 2.75% to 2.50%. The repriced USD Tranche B loan and Euro Tranche B loan were issued without original issue discount. In connection with the execution of the Fifth Amendment, the Company paid customary fees and expenses to JPMorgan Chase Bank, N.A. | (i) refinanced its existing USD Tranche B loan and Euro Tranche B loan with a new $2,529 USD Tranche B loan and a new €596 Euro Tranche B loan, (ii) decreased the applicable margin for the USD Tranche B from 2.25% to 2.00% with respect to Term SOFR borrowings and from 1.25% to 1.00% with respect to base rate borrowings and (iii) decreased the applicable margin for the Euro Tranche B from 2.75% to 2.50%. The repriced USD Tranche B loan and Euro Tranche B loan were issued without original issue discount. In connection with the execution of the Fifth Amendment, the Company paid customary fees and expenses to JPMorgan Chase Bank, N.A. | |||||||||||||
Base Rate Borrowings [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt Instrument, decrease in interest rate | 1.00% | 1.00% | 1.25% | ||||||||||||
Term SOFR Borrowings [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 2.50% | 2.50% | |||||||||||||
Debt Instrument, decrease in interest rate | 2.00% | 2.00% | 2.25% | ||||||||||||
Borrowings under Euro Tranche B [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 2.50% | 2.50% | |||||||||||||
Revolving Credit Facility [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Total borrowings outstanding | 0 | $ 0 | |||||||||||||
Increased available borrowing capacity | 675,000,000 | ||||||||||||||
Term Loan Facility [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Outstanding principal amount | $ 3,102,000,000 | $ 3,102,000,000 | $ 3,249,000,000 | ||||||||||||
Weighted average interest rate | 5.90% | 5.90% | 5.90% | ||||||||||||
Federal Funds Rate [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 0.50% | 0.50% | |||||||||||||
Term SOFR Rate (Plus Applicable Credit Spread Adjustment) [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 1.00% | 1.00% | |||||||||||||
Floor Rate [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 0.00% | 0.00% | |||||||||||||
EURIBOR Rate Floor [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 0.00% | 0.00% | |||||||||||||
Base Rate [Member] | Borrowings Under Revolving Facility [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 1.50% | 1.50% | |||||||||||||
Atotech [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Credit agreement date | Aug. 17, 2022 | ||||||||||||||
Borrowing capacity | $ 500,000,000 | ||||||||||||||
USD Tranche A [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Borrowing capacity | 1,000,000,000 | ||||||||||||||
USD Tranche B [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Borrowing capacity | $ 3,600,000,000 | ||||||||||||||
Repayments of notes from proceeds from offering | $ 1,206,000,000 | ||||||||||||||
Loss on extinguishment of debt | $ 38,000,000 | ||||||||||||||
Prepayment premium percentage of aggregate principal amount | 1.00% | 1.00% | |||||||||||||
Scheduled quarterly payments amount | $ 10,000,000 | ||||||||||||||
Outstanding principal amount | $ 2,409,000,000 | $ 2,409,000,000 | |||||||||||||
Debt refinanced amount | $ 2,529,000,000 | € 596,000,000 | |||||||||||||
Loan voluntary prepayment amount | $ 100,000,000 | $ 100,000,000 | |||||||||||||
USD Tranche B [Member] | Subsequent Event [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Loan voluntary prepayment amount | $ 100,000,000 | ||||||||||||||
USD Tranche B [Member] | Term SOFR Borrowings [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 2.00% | 2.00% | |||||||||||||
USD Tranche B [Member] | Floor Rate [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 0.50% | 0.50% | |||||||||||||
USD Tranche B [Member] | Base Rate [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Debt instrument, interest rate | 1.00% | 1.00% | |||||||||||||
Euro Tranche B [Member] | |||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||
Borrowing capacity | € | € 600,000,000 | ||||||||||||||
Scheduled quarterly payments amount | € | € 2,000,000 | ||||||||||||||
Outstanding principal amount | € | € 591,000,000 | ||||||||||||||
Debt Instrument, decrease in interest rate | 2.50% | 2.50% | 2.75% |