Company: GEHC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001932393-25-000014
Chunk: 65

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 65
---
 and urology at imaging centers, hospitals, specialty clinics, and research organizations worldwide. Revenue and earnings of MIM Software included in the Company’s financial statements since the acquisition date are not material to our consolidated revenue and earnings. If the acquisition of MIM Software had taken place as of the beginning of 2023, consolidated revenues and earnings would not have been significantly different from reported amounts.GOODWILL.ImagingAVSPCSPDxTotalBalance at December 31, 2024$3,581 $4,987 $2,035 $2,533 $13,136 Acquisitions— — — 216 216 Foreign currency exchange and other5 12 2 1 20 Balance at March 31, 2025$3,587 $4,999 $2,037 $2,750 $13,373 We assess the possibility that a reporting unit’s fair value has been reduced below its carrying amount due to the occurrence of events or circumstances between annual impairment testing dates. We did not identify any reporting units that required an interim impairment test since the last annual impairment testing date.OTHER INTANGIBLE ASSETS.As of March 31, 2025As of December 31, 2024Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNetDefinite-lived assetsCustomer-related$230 $(26)$204 $112 $(24)$88 Patents and technology2,668 (2,021)647 2,593 (1,987)606 Capitalized software 1,751 (1,479)272 1,743 (1,437)306 Trademarks and other47 (29)17 33 (29)4 Total definite-lived assets4,696 (3,555)1,141 4,481 (3,477)1,004 Indefinite-lived assets(1)97 — 97 74 — 74 Total other intangible assets$4,793 $(3,555)$1,238 $4,555 $(3,477)$1,078 (1) Indefinite-lived intangible assets relate to acquired in-process research and development prior to project completion and are not amortized.Amortization expense was $70 million and $80 million for the three months ended March 31, 2025