Company: GEHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001932393-25-000053
Chunk: 83

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 83
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,005 1,502 Long-term borrowings$8,277 $7,449 (1) Short-term borrowings as of September 30, 2025 and December 31, 2024 includes $2,002 million and $1,500 million, respectively, related to the current portion of our long-term borrowings, net of unamortized debt issuance costs and discounts.See Note 12, “Financial Instruments and Fair Value Measurements” for further information about borrowings and associated derivatives contracts.LETTERS OF CREDIT, GUARANTEES, AND OTHER COMMITMENTS.As of September 30, 2025 and December 31, 2024, the Company had bank guarantees and surety bonds of approximately $907 million and $784 million, respectively, related to certain commercial contracts. Additionally, we have issued approximately $24 million and $25 million of guarantees as of September 30, 2025 and December 31, 2024, respectively, primarily related to residual value and credit guarantees on equipment sold to third-party finance companies. Our Condensed Consolidated Statements of Financial Position reflect a liability of $3 million as of both September 30, 2025 and December 31, 2024 related to these guarantees. For credit-related guarantees, we estimate our expected credit losses related to off-balance sheet credit exposure consistent with the method used to estimate the allowance for credit losses on financial assets held at amortized cost.

NOTE 9. POSTRETIREMENT BENEFIT PLANS

We sponsor a number of pension and retiree health and life insurance benefit plans that we present in three categories: U.S. Plans, International Plans, and Other Postretirement Plans (“OPEB Plans”). Please refer to Note 10, “Postretirement Benefit Plans” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 for further information. Pension plans with pension assets or obligations less than $50 million are not included in the results below.Components of Expense (Income)U.S. PlansInternational PlansOPEB PlansFor the three months ended September 30,202520242025202420252024Service cost – Operating$1 $8 $5 $5 $1 $2 Interest cost249 242 39 35 13 14 Expected return on plan assets(287)(299)(39)(49)— — Amortization of net loss (gain