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POSTRETIREMENT BENEFIT PLANS
6 Months Ended
Jun. 30, 2026
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”). Refer to Note 10, “Postretirement Benefit Plans” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 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,
2026
2025
2026
2025
2026
2025
Service cost – Operating
$
1 
$
1 
$
5 
$
5 
$
1 
$
1 
Interest cost
241 
249 
39 
38 
11 
13 
Expected return on plan assets
(275)
(287)
(40)
(38)
— 
— 
Amortization of net loss (gain)
— 
(20)
(14)
(15)
Amortization of prior service cost (credit)
(3)
(3)
(1)
(1)
(18)
(20)
Special termination cost
— 
— 
— 
— 
— 
Non-operating
$
(37)
$
(59)
$
5 
$
4 
$
(21)
$
(21)
Net periodic expense (income)
$
(36)
$
(58)
$
9 
$
10 
$
(20)
$
(20)

U.S. Plans
International Plans
OPEB Plans
For the six months ended June 30,
2026
2025
2026
2025
2026
2025
Service cost – Operating
$
2 
$
2 
$
9 
$
10 
$
3 
$
3 
Interest cost
481 
497 
79 
74 
22 
26 
Expected return on plan assets
(550)
(573)
(81)
(74)
— 
— 
Amortization of net loss (gain)
— 
(40)
12 
10 
(29)
(30)
Amortization of prior service cost (credit)
(5)
(5)
(1)
(1)
(35)
(40)
Special termination cost
— 
— 
— 
— 
Non-operating
$
(74)
$
(119)
$
9 
$
9 
$
(42)
$
(43)
Net periodic expense (income)
$
(72)
$
(117)
$
18 
$
19 
$
(39)
$
(40)

In the six months ended June 30, 2026, the Company made cash payments totaling $90 million to its U.S. Plans, $19 million to its International Plans, and $62 million to its OPEB Plans. As of June 30, 2026, the Company expects to make total cash contributions of approximately $350 million to these plans in 2026. 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 for both the three months ended June 30, 2026 and 2025, and $87 million and $83 million for the six months ended June 30, 2026 and 2025, respectively.