Restructuring activities are essential to optimize the business operating model for GE HealthCare and mostly involve workforce reductions, organizational realignments, and revisions to our real estate footprint. Specifically, restructuring charges (gains) primarily include employee-related termination benefits associated with workforce reductions, facility exit costs, asset write-downs, and cease-use costs. Net expenses for restructuring are excluded from Segment EBIT.

Net expenses for restructuring initiatives committed to by management through June 30, 2026 are included in the table below.


	For the three months ended June 30				For the six months ended June 30
	2026		2025		2026		2025
Employee termination costs	$	25	$	12	$	68	$	32
Facility and other exit costs	2		1		5		2
Asset write-downs	—		5		3		6
Total restructuring activities – net	$	27	$	18	$	76	$	40

These restructuring initiatives are expected to result in additional expenses of approximately $38 million, to be incurred primarily over the next 12 months, substantially related to employee-related termination benefits and asset write-downs. Restructuring expenses (gains) are recognized within Cost of products, Cost of services, or SG&A, as appropriate, in the Condensed Consolidated Statements of Income.

Liabilities related to restructuring are recognized within Current compensation and benefits, All other current liabilities, Non-current compensation and benefits, and All other non-current liabilities in the Condensed Consolidated Statements of Financial Position. The activity related to our restructuring liabilities follows.


	Employee termination costs		Facility and other exit costs		Total




Balance at December 31, 2025	$	82	$	11	$	92
Charges and reserve adjustments	69		(2)		68
Payments and other adjustments	(48)		(2)		(51)
Balance at June 30, 2026	$	103	$	7	$	109