Company: GEHC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001932393-25-000005
Chunk: 140

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 140
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 transactions are recorded in Cost of products, Cost of services, SG&A, and Other (income) expense – net in the Consolidated and Combined Statements of Income based on the nature of the underlying hedged transaction. Changes in fair value of embedded derivatives are recognized in Other (income) expense – net in the Consolidated and Combined Statements of Income.The cash flows associated with derivatives not designated but used as economic hedges are recorded, based on the nature of the underlying hedged transaction, in All other operating activities – net and All other investing activities – net in the Consolidated and Combined Statements of Cash Flows. The cash flows related to embedded derivatives are included in All other operating activities – net in the Consolidated and Combined Statements of Cash Flows.The following table presents the gross fair values of our outstanding derivative instruments.Fair Value of DerivativesDecember 31, 2024December 31, 2023Gross NotionalFair Value – AssetsFair Value – LiabilitiesGross NotionalFair Value – AssetsFair Value – LiabilitiesForeign currency forward contracts$1,210 $43 $11 $1,356 $8 $30 Derivatives accounted for as cash flow hedges1,210 43 11 1,356 8 30 Cross-currency swaps(1)1,995 15 46 2,209 — 204 Foreign currency forward and options contracts1,731 30 18 991 9 11 Derivatives accounted for as net investment hedges3,726 45 64 3,200 9 215 Interest rate swaps(1)2,700 — 51 1,000 35 10 Derivatives accounted for as fair value hedges2,700 — 51 1,000 35 10 Foreign currency forward contracts3,925 11 29 3,597 19 12 Other derivatives(1)(2)370 47 — 438 57 2 Derivatives not designated as hedging instruments4,294 57 29 4,035 76 14 Total derivatives$11,930 $145 $155 $9,591 $128 $269 (1) Accrued interest was immaterial for the periods presented and is excluded from fair value. These amounts are recognized within All other current assets and All other current liabilities in the Consolidated Statements of Financial Position.(2