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POSTRETIREMENT BENEFIT PLANS
6 Months Ended
Jun. 30, 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 June 30,
202520242025202420252024
Service cost – Operating$1 $8 $5 $5 $1 $2 
Interest cost249 242 38 35 13 14 
Expected return on plan assets(287)(299)(38)(48)— — 
Amortization of net loss (gain)(20)(17)(15)(15)
Amortization of prior service cost (credit)(3)(1)— (20)(22)
Special termination cost— — — — — 
Non-operating$(59)$(72)$4 $(10)$(21)$(23)
Net periodic expense (income)$(58)$(64)$10 $(5)$(20)$(21)

U.S. Plans
International Plans
OPEB Plans
For the six months ended June 30,
202520242025202420252024
Service cost – Operating$2 $16 $10 $10 $3 $4 
Interest cost497 484 74 70 26 27 
Expected return on plan assets(573)(597)(74)(96)— — 
Amortization of net loss (gain)(40)(34)10 (30)(30)
Amortization of prior service cost (credit)(5)(1)— (40)(44)
Special termination cost— — — — 
Non-operating$(119)$(143)$9 $(20)$(43)$(47)
Net periodic expense (income)$(117)$(127)$19 $(10)$(40)$(43)

In the six months ended June 30, 2025, the Company made cash payments totaling $87 million to its U.S. Plans, $22 million to its International Plans, and $73 million to its OPEB Plans. As of June 30, 2025, the Company expects to make total cash contributions of approximately $350 million to these plans in 2025. 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 $39 million and $40 million for the three months ended June 30, 2025 and 2024, respectively, and $83 million and $73 million for the six months ended June 30, 2025 and 2024, respectively.