GE completes spin-off of GE HealthCare; provides recast 2022 financials

GENERAL ELECTRIC CO

Completed tax-free spin-off of ~80.1% of GE HealthCare; each GE shareholder received 1 GEHC share per 3 GE shares.
GE retains ~19.9% ownership in GE HealthCare to be measured at fair value in continuing ops starting Q1 2023.
Preliminary unaudited supplemental financials reclassify HealthCare as discontinued operations for all 2022 periods.
GE no longer consolidates GE HealthCare; historical results now reported as discontinued ops.

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