Company: GEHC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001932393-25-000014
Chunk: 59

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 59
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 reportable segments has been provided in Item 1, “Business” of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Historical segment financial information presented within this report has been recast to conform to the new reportable segments structure.

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The Company’s organizational structure is based upon the availability of separate financial information that is evaluated regularly by the Company’s Chief Operating Decision Maker (“CODM”) for the purpose of assessing performance and allocating resources. The Company’s CODM is its Chief Executive Officer. The CODM assesses segment performance using Total revenues and an earnings metric defined as “Segment EBIT.” Segment EBIT is calculated as income before income taxes in our Condensed Consolidated Statements of Income excluding the impact of the following: Interest and other financial charges – net, Non-operating benefit (income) costs, restructuring costs, acquisition and disposition-related benefits (charges), gain (loss) on business and asset dispositions, Spin-Off and separation costs, amortization of acquisition-related intangible assets, and investment revaluation gain (loss). Segment EBIT is also used in the annual budget and periodic forecasting processes and informs the CODM in decision making regarding the allocation of resources to the segments.Total Revenues by SegmentFor the three months ended March 3120252024Total Imaging$2,140 $2,062 AVS:Procedural Guidance641 651 Specialized Ultrasound598 576 Total AVS1,239 1,227 PCS:Monitoring Solutions556 527 Life Support Solutions197 220 Total PCS753 747 Total PDx632 599 Other(1)13 15 Total revenues$4,777 $4,650 (1) Financial information not presented within the reportable segments, shown within the Other category, represents HealthCare Financial Services (“HFS”) which does not meet the definition of an operating segment.Significant Expenses by SegmentFor the three months ended March 3120252024Imaging:Cost of sales$1,353 $1,338 Other segment items(1)588 559 Total Imaging$1,941 $1,897 AVS:Cost of sales$598 $599 Other segment items(1)380 371 Total AVS$978 $970 PCS:Cost of sales$481 $460 Other segment items(1)224 206 Total PCS$