Company: GEHC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001932393-25-000005
Chunk: 188

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-02-13
Form: 10-K
Item: Item 7
Chunk 188
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59 0.03 Add: (Gain) loss on business and asset dispositions(4)    — — (0.00)Add: Amortization of acquisition-related intangible assets    0.30 0.28 0.27 Add: Investment revaluation (gain) loss(5)    0.05 (0.00)0.07Add: Tax effect of reconciling items(6)(0.09)(0.05)(0.15)Add: Spin-Off and other tax adjustments(7)    (0.04)0.43 — Adjusted earnings per share*$4.49$3.93$4.63$0.56$(0.70)Diluted weighted-average shares outstanding459458454

(1)Consists of severance, facility closures, and other charges associated with restructuring programs.(2)Consists of legal, consulting, and other transaction and integration fees, and adjustments to contingent consideration, as well as other purchase accounting related charges and other costs directly related to the transactions.(3)Costs incurred in the Spin-Off and separation from GE, including system implementations, audit and advisory fees, legal entity separation, Founders Grant equity awards, separation agreements with GE, and other one-time costs.(4)Consists of gains and losses resulting from the sale of assets and investments.(5)Primarily relates to valuation adjustments for equity investments.(6)The tax effect of reconciling items is calculated using the statutory tax rate, taking into consideration the nature of the items and the relevant taxing jurisdiction.(7)Consists of certain income tax adjustments, including the accrual of a deferred tax liability on the prior period earnings of certain of the Company’s foreign subsidiaries for which the Company is no longer permanently reinvested, the impact of adjusting deferred tax assets and liabilities to stand-alone GE HealthCare tax rates, and the impact of tax legislation changes. As of the third quarter of 2024 this line additionally includes discrete tax impacts resulting from the Spin-Off and separation from GE previously reported under Tax effect of reconciling items.

Adjusted Tax Expense* and Adjusted ETR*For the years ended December 31202420232022Benefit (provision) for income taxes$(531)$(743)$(563)Add: Tax effect of reconciling items(1)(42)(24)(67)Add: Spin-Off and other tax adjustments(2)    (17)196—