EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2023

On January 3, 2023, there were approximately 454 million shares of GE HealthCare common stock outstanding, including the interest in our outstanding shares of common stock retained by GE following the Distribution. The computation of basic and diluted earnings per common share for all periods through December 31, 2022 was calculated using this same number of common shares outstanding since no GE HealthCare equity awards were outstanding as of the Distribution Date and is net of Net (income) loss attributable to noncontrolling interests which is fully associated with continuing operations. Subsequent to the Spin-Off, the dilutive effect of outstanding stock options, RSUs, and PSUs is reflected in the denominator for diluted earnings per share using the treasury stock method.


Earnings Per Share
	For the years ended December 31
(In millions, except per share amounts)		2023		2022		2021
Numerator:
Net income from continuing operations		$	1,618	$	1,949	$	2,275
Net (income) loss attributable to noncontrolling interests		(46)		(51)		(46)
Net income from continuing operations attributable to GE HealthCare		1,572		1,898		2,229
Deemed preferred stock dividend of redeemable noncontrolling interest		(183)		—		—
Net income from continuing operations attributable to GE HealthCare common stockholders		1,389		1,898		2,229
Income (loss) from discontinued operations, net of taxes		(4)		18		18
Net income attributable to GE HealthCare common stockholders		$	1,385	$	1,916	$	2,247
Denominator:
Basic weighted-average shares outstanding		455		454		454
Dilutive effect of common stock equivalents		3		—		—
Diluted weighted-average shares outstanding		458		454		454
Basic Earnings Per Share:
Continuing operations		$	3.06	$	4.18	$	4.91
Discontinued operations		(0.01)		0.04		0.04
Attributable to GE HealthCare common stockholders		3.05		4.22		4.95
Diluted Earnings Per Share:
Continuing operations		$	3.04	$	4.18	$	4.91
Discontinued operations		(0.01)		0.04		0.04
Attributable to GE HealthCare common stockholders		3.03		4.22		4.95
Antidilutive securities(1)		4		—		—

(1) Diluted earnings per share excludes certain shares issuable under share-based compensation plans because the effect would have been antidilutive.