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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
As of June 30, 2024, GE HealthCare’s operations were organized and managed through four reportable segments: Imaging, Ultrasound, Patient Care Solutions (“PCS”), and Pharmaceutical Diagnostics (“PDx”). These segments have been identified based on the nature of the products sold and how the Company manages its operations. We have not aggregated any of our operating segments to form reportable segments. A description of our reportable segments has been provided in the “Business” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023.

The performance of these segments was principally measured based on Total revenues and an earnings metric defined as “Segment EBIT.” Segment EBIT is calculated as Income before income taxes in our Condensed Consolidated Statements of Income excluding the impact of the following: Interest and other financial charges – net, Non-operating benefit (income) costs, restructuring costs, acquisition and disposition-related benefits (charges), gain (loss) on business and asset dispositions, Spin-Off and separation costs, amortization of acquisition-related intangible assets, and investment revaluation gain (loss).

Total Revenues by Segment
For the three months ended June 30
For the six months ended June 30
2024202320242023
Imaging:
Radiology$2,171 $2,227 $4,233 $4,315 
Interventional Guidance 425 393 829 801 
Total Imaging2,596 2,620 5,062 5,116 
Total Ultrasound823 839 1,647 1,698 
PCS:
     Monitoring Solutions
538 563 1,065 1,115 
     Life Support Solutions235 207 454 436 
Total PCS772 770 1,519 1,551 
Total PDx639 568 1,238 1,126 
Other(1)
9 20 24 33 
Total revenues$4,839 $4,817 $9,489 $9,524 
(1) Financial information not presented within the reportable segments, shown within the Other category, represents HealthCare Financial Services (“HFS”) which does not meet the definition of an operating segment.

Segment EBIT
For the three months ended June 30
For the six months ended June 30
2024202320242023
Segment EBIT
Imaging$286 $278 $526 $469 
Ultrasound178 191 360 398 
PCS 78 84 159 193 
PDx 200 152 378 307 
Other(1)
742 711 1,423 1,375 
Restructuring costs(29)(19)(68)(31)
Acquisition and disposition-related benefits (charges)
Gain (loss) on business and asset dispositions
— — — — 
Spin-Off and separation costs(67)(72)(126)(130)
Amortization of acquisition-related intangible assets(35)(32)(66)(63)
Investment revaluation gain (loss)(6)(6)(26)(1)
Interest and other financial charges – net(131)(137)(254)(273)
Non-operating benefit income (costs)101 123 204 238 
Income before income taxes
$578 $570 $1,090 $1,116 
(1) Financial information not presented within the reportable segments, shown within the Other category, represents HFS and certain other business activities which do not meet the definition of an operating segment.