GE HealthCare Technologies Inc
For the period ended Dec 31, 2023. Filed Feb 6, 2024.
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FY2023 · Filed Feb 6, 2024
GEHC$83.65-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated and Combined Statements of Income
| Consolidated and Combined Statements of Income | |||
|---|---|---|---|
| For the years ended December 31 | |||
| (In millions, except per share amounts) | 2023 | 2022 | 2021 |
| Sales of products | $13,127 | $12,044 | $11,165 |
| Sales of services | 6,425 | 6,297 | 6,420 |
| Total revenues | 19,552 | 18,341 | 17,585 |
| Cost of products | 8,465 | 7,975 | 7,196 |
| Cost of services | 3,165 | 3,187 | 3,215 |
| Gross profit | 7,922 | 7,179 | 7,174 |
| Selling, general, and administrative | 4,282 | 3,631 | 3,563 |
| Research and development | 1,205 | 1,026 | 816 |
| Total operating expenses | 5,487 | 4,657 | 4,379 |
| Operating income | 2,435 | 2,522 | 2,795 |
| Interest and other financial charges – net | 542 | 77 | 40 |
| Non-operating benefit (income) costs | (382) | (5) | 3 |
| Other (income) expense – net | (86) | (62) | (123) |
| Income from continuing operations before income taxes | 2,361 | 2,512 | 2,875 |
| Benefit (provision) for income taxes | (743) | (563) | (600) |
| Net income from continuing operations | 1,618 | 1,949 | 2,275 |
| Income (loss) from discontinued operations, net of taxes | (4) | 18 | 18 |
| Net income | 1,614 | 1,967 | 2,293 |
| Net (income) loss attributable to noncontrolling interests | (46) | (51) | (46) |
| Net income attributable to GE HealthCare | 1,568 | 1,916 | 2,247 |
| Deemed preferred stock dividend of redeemable noncontrolling interest | (183) | — | — |
| Net income attributable to GE HealthCare common stockholders | $1,385 | $1,916 | $2,247 |
| Earnings per share from continuing operations attributable to GE HealthCare common stockholders: | |||
| Basic | $3.06 | $4.18 | $4.91 |
| Diluted | 3.04 | 4.18 | 4.91 |
| Earnings per share attributable to GE HealthCare common stockholders: | |||
| Basic | $3.05 | $4.22 | $4.95 |
| Diluted | 3.03 | 4.22 | 4.95 |
| Weighted-average number of shares outstanding: | |||
| Basic | 455 | 454 | 454 |
| Diluted | 458 | 454 | 454 |
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