Company: GEHC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001932393-25-000005
Chunk: 187

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-02-13
Form: 10-K
Item: Item 7
Chunk 187
---
 discontinued operations, net of taxes    —(4)18Adjusted net income*    $2,060$1,797$2,10315%(15)%

(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.(4)Consists of gains and losses resulting from the sale of assets and investments.(5)Primarily relates to valuation adjustments for equity investments.(6)The tax effect of reconciling items is calculated using the statutory tax rate, taking into consideration the nature of the items and the relevant taxing jurisdiction.(7)Consists of certain income tax adjustments, including the accrual of a deferred tax liability on the prior period earnings of certain of the Company’s foreign subsidiaries for which the Company is no longer permanently reinvested, the impact of adjusting deferred tax assets and liabilities to stand-alone GE HealthCare tax rates, and the impact of tax legislation changes. 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.____________________

*Non-GAAP Financial Measure

48

Adjusted Earnings Per Share*For the years ended December 31(In dollars, except shares outstanding presented in millions)2024202320222024 vs. 2023 $ change2023 vs. 2022 $ changeDiluted earnings per share – continuing operations$4.34$3.04$4.18$1.31$(1.14)Add: Deemed preferred stock dividend of redeemable noncontrolling interest— 0.40 — Add: Non-operating benefit (income) costs    (0.88)(0.83)(0.01)Add: Restructuring costs(1)    0.26 0.12 0.32 Add: Acquisition and disposition-related charges (benefits)(2)    0.01 (0.03)(0.07)Add: Spin-Off and separation costs(3)    0.55 0.