Company: GEHC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001932393-25-000014
Chunk: 61

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 61
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 133 Current sundry receivables299 287 Allowance for credit losses(106)(103)Total current receivables – net$3,572 $3,566 (1) Chargebacks, which are primarily related to our PDx business, are generally settled through issuance of credits, typically within one month of initial recognition, and are recorded as a reduction to current customer receivables. Balances related to chargebacks were $151 million and $153 million as of March 31, 2025 and December 31, 2024, respectively.

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Long-Term ReceivablesAs ofMarch 31, 2025December 31, 2024Long-term customer receivables$68 $59 Non-income based tax receivables23 20 Other sundry receivables76 68 Long-term sundry receivables99 88 Allowance for credit losses(6)(5)Total long-term receivables – net$161 $142 Long-term receivables are recognized within All other non-current assets in the Condensed Consolidated Statements of Financial Position.

NOTE 5. FINANCING RECEIVABLES

Current financing receivables and non-current financing receivables are recognized within All other current assets and All other non-current assets, respectively, in the Condensed Consolidated Statements of Financial Position.As ofMarch 31, 2025December 31, 2024Loans receivable, at amortized cost$23 $23 Investment in finance leases, net of deferred income69 69 Allowance for credit losses(3)(2)Current financing receivables – net$90 $90 Loans receivable, at amortized cost$35 $35 Investment in finance leases, net of deferred income155 152 Allowance for credit losses(4)(4)Non-current financing receivables – net$186 $183 As of March 31, 2025, 3%, 3%, and 3% of financing receivables were over 30 days past due, over 90 days past due, and on nonaccrual, respectively, with the majority of nonaccrual financing receivables secured by collateral. As of December 31, 2024, 4%, 4%, and 3% of financing receivables were over 30 days past due,