Company: GEHC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001932393-25-000005
Chunk: 124

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 124
---
AP as of December 31, 2024. The GE HealthCare Supplemental Pension plan has a projected benefit obligation of $1,886 million as of December 31, 2024, and the benefits are paid to eligible participants directly by the Company as described further in “Funding” below. Our International Pension Plans include all other plans that cover non-U.S. participants. These plans include obligations that existed prior to the Spin-Off and obligations transferred to GE HealthCare from GE in connection with the Spin-Off. In certain countries, benefit accruals have ceased and/or have been closed to new hires as of various dates.The OPEB Plans include unfunded postretirement health and life insurance defined benefit obligations to U.S. participants. GE HealthCare assumed the obligations associated with these plans in connection with the Spin-Off. Participants share in the cost of the healthcare and life insurance benefits. With the exception of production employees, subsidized benefits are generally only available to closed groups of employees and retirees.FundingThe Company funds annually, at a minimum, the statutorily required minimum amount for our qualified plans. Non-qualified plans are unfunded and we pay benefits from our cash on hand. In 2025, the Company expects to make total cash contributions of approximately $327 million to these plans.

85

Plan Funded StatusU.S. PlansInternational PlansOPEB Plans202420232024202320242023Change in projected benefit obligationsBalance at January 1$19,363 $297 $3,385 $343 $1,133 $— Transfers from GE at Spin-Off— 18,999 — 2,705 — 1,149 Service cost35 35 20 20 7 6 Interest cost970 1,022 141 139 54 59 Participant contributions4 4 — 1 16 18 Plan amendments— 53 — 2 — — Actuarial loss (gain) – net(799)553 (357)161 (48)50 Benefits paid(1,332)(1,570)(131)(130)(146)(149)Curtailments— (30)— — — — Settlements— — (4)— — — Exchange rate adjustments— — (96)144 — — Balance at December 31$18,241 $19