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

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 8
Chunk 10
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 reduced below its carrying amount due to the occurrence of events or circumstances between annual impairment testing dates. We did not identify any reporting units that required an interim impairment test since the last annual impairment testing date.OTHER INTANGIBLE ASSETS.As of March 31, 2025As of December 31, 2024Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNetDefinite-lived assetsCustomer-related$230 $(26)$204 $112 $(24)$88 Patents and technology2,668 (2,021)647 2,593 (1,987)606 Capitalized software 1,751 (1,479)272 1,743 (1,437)306 Trademarks and other47 (29)17 33 (29)4 Total definite-lived assets4,696 (3,555)1,141 4,481 (3,477)1,004 Indefinite-lived assets(1)97 — 97 74 — 74 Total other intangible assets$4,793 $(3,555)$1,238 $4,555 $(3,477)$1,078 (1) Indefinite-lived intangible assets relate to acquired in-process research and development prior to project completion and are not amortized.Amortization expense was $70 million and $80 million for the three months ended March 31, 2025 and 2024, respectively.

NOTE 8. BORROWINGS

The Company’s borrowings include the following senior unsecured notes and credit agreements:Senior Unsecured NotesThe Company’s borrowings include $8,250 million aggregate principal amount of senior unsecured notes in six series with maturity dates ranging from 2025 through 2052 (collectively, the “Notes”).Credit FacilitiesIn the first quarter of 2025, the Company terminated its existing five-year and 364-day senior unsecured revolving credit facilities. These were replaced with new five-year and 364-day senior unsecured revolving credit facilities in aggregate committed amounts of $3,000 million and $500 million, respectively. The terms of the new facilities are substantially similar to those of the terminated facilities. 

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The Company has credit agreements providing for:•a five-year senior unsecured revolving credit facility in an aggregate committed amount of $3,