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POSTRETIREMENT BENEFIT PLANS
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
POSTRETIREMENT BENEFIT PLANS 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. Plans
International Plans
OPEB Plans
For the three months ended March 31,
202520242025202420252024
Service cost – Operating$1 $8 $5 $5 $1 $2 
Interest cost249 242 36 35 13 13 
Expected return on plan assets(287)(298)(36)(48)— — 
Amortization of net loss (gain)(20)(17)(15)(15)
Amortization of prior service cost (credit)(3)(1)— (20)(22)
Special termination cost
— — — — — 
Non-operating$(60)$(71)$4 $(10)$(21)$(24)
Net periodic expense (income)$(59)$(63)$9 $(5)$(20)$(22)

In the three months ended March 31, 2025, the Company made cash payments totaling $43 million to its U.S. Plans, $10 million to its International Plans, and $45 million to its OPEB Plans. In 2025, the Company expects to make total cash contributions of approximately $327 million to these plans. The Company funds annually, at a minimum, the statutorily required minimum amount for our qualified plans. Non-qualified plans are unfunded and we pay benefits from our cash on hand.

Defined Contribution Plan
GE HealthCare sponsors a defined contribution plan for its eligible U.S. employees. Expenses associated with our employees’ participation in GE HealthCare’s defined contribution plan were $45 million and $32 million for the three months ended March 31, 2025 and 2024, respectively.