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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total revenues $ 4,650 $ 4,707
Gross profit 1,902 1,891
Selling, general, and administrative 1,038 1,062
Research and development 324 270
Total operating expenses 1,362 1,332
Operating income 540 559
Interest and other financial charges – net 122 136
Non-operating benefit (income) costs (102) (115)
Other (income) expense – net 8 (8)
Income before income taxes 512 546
Benefit (provision) for income taxes (124) (163)
Net income 388 383
Net (income) loss attributable to noncontrolling interests (14) (11)
Net income attributable to GE HealthCare 374 372
Deemed preferred stock dividend of redeemable noncontrolling interest 0 (183)
Net income attributable to GE HealthCare common stockholders $ 374 $ 189
Earnings per share attributable to GE HealthCare common stockholders:    
Basic earnings per share (in dollars per share) $ 0.82 $ 0.42
Diluted earnings per share (in dollars per share) $ 0.81 $ 0.41
Weighted-average number of shares outstanding:    
Basic (in shares) 456 454
Diluted (in shares) 459 457
Cost of products    
Total revenues $ 3,045 $ 3,131
Cost of revenue 1,967 2,037
Cost of services    
Total revenues 1,605 1,576
Cost of revenue $ 782 $ 779