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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Cash, cash equivalents, and restricted cash $ 2,563 $ 2,504
Inventories 1,989 1,960
Contract and other deferred assets 961 1,000
All other current assets 517 389
Current assets 9,373 9,410
Property, plant, and equipment – net 2,445 2,500
Goodwill 12,927 12,936
Other intangible assets – net 1,174 1,253
Deferred income taxes 4,413 4,474
All other non-current assets 1,878 1,881
Total assets 32,208 32,454
Short-term borrowings 1,008 1,006
Accounts payable 2,931 2,947
Contract liabilities 1,879 1,918
Current liabilities 8,859 8,981
Long-term borrowings 8,247 8,436
Compensation and benefits 5,625 5,782
Deferred income taxes 68 68
All other non-current liabilities 1,811 1,877
Total liabilities 24,609 25,144
Commitments and contingencies
Redeemable noncontrolling interests 177 165
Common stock, par value $0.01 per share, 1,000,000,000 shares authorized, 456,328,270 shares issued and outstanding as of March 31, 2024; 455,342,290 shares issued and outstanding as of December 31, 2023 5 5
Additional paid-in capital 6,504 6,493
Retained earnings 1,687 1,326
Accumulated other comprehensive income (loss) – net (787) (691)
Total equity attributable to GE HealthCare 7,408 7,133
Noncontrolling interests 14 12
Total equity 7,423 7,145
Total liabilities, redeemable noncontrolling interests, and equity 32,208 32,454
Nonrelated party    
Receivables, net 3,324 3,525
All other current liabilities 2,993 3,011
Related party    
Receivables, net 20 32
All other non-current assets 80 81
All other current liabilities 48 99
All other non-current liabilities $ 33 $ 33