Company: GEHC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001932393-25-000014
Chunk: 73

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 73
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 one party to the other. However, we have elected to present the derivative assets and derivative liabilities on a gross basis in our Condensed Consolidated Statements of Financial Position and in the table above. As of March 31, 2025 and December 31, 2024, the potential effect of rights of offset associated with the derivative contracts would be an offset to both assets and liabilities by $55 million and $77 million, respectively.The table below presents the pre-tax gains (losses) recognized in OCI associated with the Company’s cash flow and net investment hedges.

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Table of Contents                 

Pre-tax Gains (Losses) Recognized in OCI Related to Cash Flow and Net Investment HedgesFor the three months ended March 3120252024Cash flow hedges$(14)$20 Net investment hedges(1)(65)32 (1) Amounts recognized in OCI for excluded components for the periods presented were immaterial.The tables below present the gains (losses) on our derivative financial instruments and hedging activity in the Condensed Consolidated Statements of Income.Derivative Financial Instruments and Hedging ActivityFor the three months ended March 31, 2025Cost of productsCost of servicesSG&AInterest and other financial charges – netOther(4)Foreign currency forward contracts$(2)$(1)$— $— $— Effects of cash flow hedges(2)(1)— — — Cross-currency swaps— — — 8 — Foreign currency forward and options contracts— — — 3 — Effects of net investment hedges(1)— — — 11 — Interest rate swaps(2)— — — 57 — Debt basis adjustment on Long-term borrowings— — — (61)— Effects of fair value hedges— — — (4)— Foreign currency forward contracts15 4 — — (1)Other derivatives(3)— — (3)— (15)Effects of derivatives not designated as hedging instruments15 4 (3)— (15)For the three months ended March 31, 2024Cost of productsCost of servicesSG&AInterest and other financial charges – netOther(4)Foreign currency forward contracts$(1)$— $— $— $— Effects of cash flow hedges(1)— — — —