Company: GEHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001932393-25-000049
Chunk: 78

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 8
Chunk 78
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 to fair value. This gain included the reclassification of certain amounts related to the Company’s 50% interest out of Accumulated other comprehensive income (loss) – net (“AOCI”) including foreign currency translation gains of $63 million and losses related to a defined benefit pension plan of $8 million. The net gain from this remeasurement was recorded in Other (income) expense – net in the Company’s Condensed Consolidated Statements of Income for the six months ended June 30, 2025.

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Table of Contents             

The following table provides a summary of the purchase price consideration transferred for the acquisition of NMP.Purchase considerationCash consideration, net of cash acquired$271 Fair value of previously held interest in NMP301 Fair value of contingent consideration5 Total allocable purchase price$577 The preliminary fair values of the assets and liabilities assumed in connection with the acquisition of NMP are as follows.Preliminary allocationReceivables$53 Inventories10 Property, plant, and equipment244 Goodwill208 Other intangible assets238 All other non-current assets(1)51 Deferred income taxes(92)All other non-current liabilities(107)Other(2)(28)Total net assets post acquisition$577 (1) All other non-current assets includes $12 million of indemnification assets, with the underlying indemnified liabilities recorded in All other non-current liabilities.(2) Other includes Accounts payable, All other current liabilities, and Current compensation and benefits.The allocation of purchase price of NMP to the tangible and intangible assets acquired and liabilities assumed, as reflected in the table above, is based on the Company’s preliminary allocations of their fair values. Measurement period adjustments during the three months ended June 30, 2025 included changes to the purchase price allocation, resulting in a net decrease of approximately $8 million to goodwill. The measurement period adjustments resulted primarily from adjustments to acquired intangibles based on facts and circumstances that existed as of the acquisition date. While all amounts remain subject to adjustments, the areas subject to the most significant potential adjustments are decommissioning liabilities and deferred income taxes. The Company’s management believes the fair values recognized for the assets acquired and the liabilities assumed are based on reasonable estimates and assumptions.Property, plant, and equipment is mostly comprised of land, buildings, equipment (including machinery, furniture, and fixtures) and construction in process. The fair value of property, plant, and equipment was determined using a market participant approach.Other intang