Company: GEHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001932393-25-000049
Chunk: 28

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 1
Chunk 28
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, 2025 and December 31, 2024, the Company had bank guarantees and surety bonds of approximately $883 million and $784 million, respectively, related to certain commercial contracts. Additionally, we have issued approximately $26 million and $25 million of guarantees as of June 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 $4 million and $3 million as of June 30, 2025 and December 31, 2024, respectively, 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.

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Components of Expense (Income)U.S. PlansInternational PlansOPEB PlansFor the three months ended June 30,202520242025202420252024Service cost – Operating$1 $8 $5 $5 $1 $2 Interest cost249 242 38 35 13 14 Expected return on plan assets(287)(299)(38)(48)— — Amortization of net loss (gain)(20)(17)5 3 (15)(15)Amortization of prior service cost (credit)(3)2 (1)— (20)(22)Special termination cost1 — — — — — Non-operating$(59)$(72)$4 $(10)$(21)$(23)Net periodic expense (income)$(58)$(64)$10 $(5)$(20)$(21)U.S. PlansInternational PlansOPEB PlansFor the six months ended June 30,