Company: GEHC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001932393-25-000014
Chunk: 120

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 2
Chunk 120
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Consists of certain income tax adjustments, including the release of income tax reserves in a foreign jurisdiction for tax years which are no longer subject to an assessment from the local taxing authorities, discrete tax impacts resulting from the Spin-Off and separation from GE, and tax impacts of the NMP acquisition. 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.

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*Non-GAAP Financial Measure

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Table of Contents                 

Adjusted Earnings Per Share*For the three months ended March 31(In dollars, except shares outstanding presented in millions)20252024 $ changeDiluted earnings per share$1.23$0.81$0.41Add: Non-operating benefit (income) costs    (0.16)(0.22)Add: Restructuring costs(1)    0.05 0.09 Add: Acquisition and disposition-related charges (benefits)(2)    0.02 — Add: Spin-Off and separation costs(3)    0.06 0.13 Add: (Gain) loss on business and asset dispositions(4)    (0.02)— Add: Amortization of acquisition-related intangible assets    0.08 0.07 Add: Investment revaluation (gain) loss(5)    (0.20)0.04 Add: Tax effect of reconciling items(6)— (0.03)Add: Spin-Off and other tax adjustments(7)    (0.04)0.01 Adjusted earnings per share*$1.01$0.90$0.11Diluted weighted-average shares outstanding459459

(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. An adjustment is included to eliminate the associated impact on Net (income) loss attributable to noncontrolling interests for applicable costs that impact earnings attributable to non