Company: GEHC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001932393-25-000005
Chunk: 114

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 114
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ans receivable, at amortized cost$23 $29 Investment in finance leases, net of deferred income69 71 Allowance for credit losses(2)(3)Current financing receivables – net(1)90 97 Loans receivable, at amortized cost35 37 Investment in finance leases, net of deferred income152 146 Allowance for credit losses(4)(5)Non-current financing receivables – net(1)$183 $178 (1) Current financing receivables and non-current financing receivables are recognized within All other current assets and All other non-current assets, respectively, in the Consolidated Statements of Financial Position.As of December 31, 2024, 4%, 4%, 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, 2023, 5%, 5%, and 6% 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.

NOTE 7. LEASES

OPERATING LEASES. As a lessee, the Company leases certain logistics, office, and manufacturing facilities, as well as vehicles and other equipment. Certain of the Company’s leases may include options to extend. Our ROU operating lease assets are recognized within Property, plant, and equipment – net in the Consolidated Statements of Financial Position. Our operating lease liabilities are recognized within All other current liabilities and All other non-current liabilities in the Consolidated Statements of Financial Position, as detailed below.Operating Lease Assets and LiabilitiesAs ofDecember 31, 2024December 31, 2023Operating lease ROU assets$364 $356 Current operating lease liabilities115 110 Non-current operating lease liabilities270 273 Total operating lease liabilities$385 $383 Operating Lease ExpenseFor the years ended December 31202420232022Long-term (fixed)$134 $121 $115 Long-term (variable)120 106 98 Short-term4 2 4 Total operating lease expense$258 $229 $217 Maturity of Lease Liabilities202520262027202820