v3.26.1
SUPPLEMENTAL FINANCIAL INFORMATION
6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SUPPLEMENTAL FINANCIAL INFORMATION SUPPLEMENTAL FINANCIAL INFORMATION
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH.
As of
June 30, 2026
December 31, 2025
Cash and cash equivalents(1)
$
2,079 
$
4,492 
Short-term restricted cash
26 
20 
Total Cash, cash equivalents, and restricted cash as presented in the Condensed Consolidated Statements of Financial Position
2,105 
4,512 
Long-term restricted cash(2)
Total Cash, cash equivalents, and restricted cash as presented in the Condensed Consolidated Statements of Cash Flows
$
2,108 
$
4,515 
(1) The decrease in Cash and cash equivalents was primarily due to the Intelerad acquisition. Refer to Note 7, “Acquisitions, Goodwill, and Other Intangible Assets” for further information.
(2) Long-term restricted cash is recognized within All other non-current assets in the Condensed Consolidated Statements of Financial Position.

INVENTORIES.
As of
June 30, 2026
December 31, 2025
Raw materials
$
1,063 
$
1,002 
Work in process
103 
95 
Finished goods
1,317 
1,137 
Inventories
$
2,483 
$
2,234 

Certain inventory items are long-term in nature and therefore have been recognized within All other non-current assets in the Condensed Consolidated Statements of Financial Position and are not reflected in the table above. See the supplemental table “All Other Non-Current Assets” for further information.
PROPERTY, PLANT, AND EQUIPMENT – NET.
As of
June 30, 2026
December 31, 2025
Land and improvements
$
139 
$
144 
Buildings, structures, and related equipment
2,207 
2,140 
Machinery and equipment
2,872 
2,872 
Leasehold improvements and manufacturing plants under construction
582 
574 
Total property, plant, and equipment, at original cost
5,799 
5,731 
Accumulated depreciation
(3,044)
(3,049)
Operating lease ROU assets, net of amortization
391 
410 
Property, plant, and equipment – net
$
3,146 
$
3,092 

Depreciation expense related to Property, plant, and equipment – net, exclusive of operating lease ROU assets, was $76 million and $73 million for the three months ended June 30, 2026 and 2025, and $154 million and $138 million for the six months ended June 30, 2026 and 2025, respectively.

ALL OTHER ASSETS AND ALL OTHER LIABILITIES.

All Other Current Assets
As of
June 30, 2026
December 31, 2025
Prepaid expenses and deferred costs
$
300 
$
228 
Financing receivables – net
92 
95 
Derivative instruments
125 
169 
Income tax receivables
164 
154 
Other(1)
111 
81 
All other current assets
$
793 
$
726 
(1) Other primarily consists of the current portion of capitalized cloud computing arrangement implementation costs, and indemnity assets associated with the separation agreements with GE. See the supplemental table “Capitalized Cloud Computing Arrangement Implementation Costs” for further information.

All Other Non-Current Assets
As of
June 30, 2026
December 31, 2025
Prepaid pension asset
$
738 
$
742 
Equity method and other investments
362 
351 
Financing receivables – net
191 
190 
Derivative instruments
97 
88 
Long-term receivables – net
183 
190 
Inventories
127 
121 
Contract and other deferred assets
216 
211 
Capitalized cloud computing arrangement implementation costs(1)
221 
200 
Other(2)
120 
112 
All other non-current assets
$
2,254 
$
2,205 
(1) See the supplemental table “Capitalized Cloud Computing Arrangement Implementation Costs” for further information.
(2) Other primarily consists of indemnity assets associated with separation agreements with GE and income tax receivables.
All Other Current Liabilities
As of
June 30, 2026
December 31, 2025
Sales allowances and related liabilities
$
237 
$
256 
Income and indirect tax liabilities including uncertain tax positions
180 
324 
Product warranties
176 
169 
Accrued logistics and utilities
205 
197 
Operating lease liabilities
131 
134 
Derivative instruments
55 
47 
Interest payable on borrowings
91 
100 
Environmental and asset retirement obligations
11 
11 
Other(1)
344 
348 
All other current liabilities
$
1,429 
$
1,587 
(1) Other primarily consists of miscellaneous accrued costs, dividends payable, and contingent consideration liabilities.

All Other Non-Current Liabilities
As of
June 30, 2026
December 31, 2025
Contract liabilities
$
857 
$
803 
Operating lease liabilities
263 
284 
Environmental and asset retirement obligations
441 
413 
Income and indirect tax liabilities including uncertain tax positions
232 
156 
Derivative instruments
113 
160 
Finance lease obligations
54 
42 
Sales allowances and related liabilities
26 
23 
Other(1)
149 
178 
All other non-current liabilities
$
2,133 
$
2,061 
(1) Other primarily consists of miscellaneous accrued costs, indemnity liabilities associated with separation agreements with GE, and contingent consideration liabilities.

CAPITALIZED CLOUD COMPUTING ARRANGEMENT IMPLEMENTATION COSTS.
As of
June 30, 2026
December 31, 2025
Capitalized implementation costs
$
340 
$
249 
Accumulated amortization
(68)
(49)
Total Capitalized cloud computing arrangement implementation costs, net
$
272 
$
200 

Capitalized cloud computing arrangement implementation costs are recognized within All other current assets and All other non-current assets in the Condensed Consolidated Statements of Financial Position. Amortization expense related to capitalized cloud computing arrangement implementation costs was $11 million and $4 million for the three months ended June 30, 2026 and 2025, respectively, and $19 million and $8 million for the six months ended June 30, 2026 and 2025, respectively.

SUPPLY CHAIN FINANCE PROGRAMS.

The Company participates in voluntary supply chain finance programs which provide participating suppliers the opportunity to sell their GE HealthCare receivables to third parties at the sole discretion of both the suppliers and the third parties. We evaluate supply chain finance programs to ensure the use of a third-party intermediary to settle our trade payables does not change the nature, existence, amount, or timing of our trade payables and does not provide the Company with any direct economic benefit. If any characteristics of the trade payables change or we receive a direct economic benefit, we reclassify the trade payables to borrowings. In connection with the supply chain finance programs, payment terms normally range from 30 to 180 days, depending on the underlying supplier agreements.

Included within Accounts payable in the Condensed Consolidated Statements of Financial Position as of June 30, 2026 and December 31, 2025 were $334 million and $360 million, respectively, of confirmed supplier invoices that are outstanding and subject to third-party programs.
REDEEMABLE NONCONTROLLING INTERESTS.

The Company has noncontrolling interests with redemption features. These redemption features, such as put options, could require the Company to purchase the noncontrolling interests upon the occurrence of certain events. All noncontrolling interests with redemption features that are not solely within our control are recognized within the Condensed Consolidated Statements of Financial Position between liabilities and equity. Redeemable noncontrolling interests are initially recorded at the issuance date fair value. Those that are currently redeemable, or probable of becoming redeemable, are subsequently adjusted to the greater of current redemption value or initial carrying value.

Activity attributable to redeemable noncontrolling interests is presented below.
For the six months ended June 30
2026
2025
Balance at beginning of period
$
209 
$
188 
Net income attributable to redeemable noncontrolling interests
32 
37 
Distributions to redeemable noncontrolling interests and other
(12)
(5)
Balance at end of period
$
229 
$
220 

OTHER INCOME (EXPENSE) NET.

For the three months ended June 30
For the six months ended June 30
2026
2025
2026
2025
Net financing income and investment income (loss)
$
$
$
$
Equity method income (loss)
— 
(2)
Change in fair value of assumed obligations
(3)
(10)
(9)
(18)
Gain on remeasurement of NMP equity method investment(1)
— 
— 
— 
97 
Other items, net(2)
18 
64 
11 
Total other income (expense) – net
$
22 
$
(1)
$
58 
$
98 
(1) Refer to Note 7, “Acquisitions, Goodwill, and Other Intangible Assets” for additional information on the NMP acquisition.
(2) Other items, net primarily consists of a mix of licensing and royalty income, lease income, gains and losses related to derivatives, and change in tax indemnities. Additionally, for the six months ended June 30, 2026, it includes income from contract settlements, and for the six months ended June 30, 2025, it includes a realization of a gain contingency.