CARRIER GLOBAL Corp
For the period ended Dec 31, 2024. Filed Feb 11, 2025.
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FY2024 · Filed Feb 11, 2025
CARR$53.33+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Operations
| For the Year Ended December 31, | |||
|---|---|---|---|
| (In millions, except per share amounts) | 2024 | 2023 | 2022 |
| Net sales | |||
| Product sales | $19,990 | $16,665 | $15,315 |
| Service sales | 2,496 | 2,286 | 1,973 |
| Total Net sales | 22,486 | 18,951 | 17,288 |
| Costs and expenses | |||
| Cost of products sold | (14,580) | (12,002) | (11,459) |
| Cost of services sold | (1,925) | (1,787) | (1,532) |
| Research and development | (686) | (493) | (416) |
| Selling, general and administrative | (3,197) | (2,607) | (1,977) |
| Total Costs and expenses | (20,388) | (16,889) | (15,384) |
| Equity method investment net earnings | 231 | 211 | 262 |
| Other income (expense), net | 317 | (113) | 1,818 |
| Operating profit | 2,646 | 2,160 | 3,984 |
| Non-service pension benefit (expense) | (1) | (1) | (4) |
| Interest (expense) income, net | (371) | (160) | (157) |
| Earnings before income taxes | 2,274 | 1,999 | 3,823 |
| Income tax (expense) benefit | (1,062) | (521) | (616) |
| Earnings from continuing operations | 1,212 | 1,478 | 3,207 |
| Discontinued operations, net of tax | 4,496 | (38) | 377 |
| Net earnings (loss) | 5,708 | 1,440 | 3,584 |
| Less: Non-controlling interest in subsidiaries' | 104 | 91 | 50 |
| Net earnings (loss) attributable to common shareowners | $5,604 | $1,349 | $3,534 |
| Amounts attributable to common shareowners: | |||
| Continuing operations | $1,108 | $1,387 | $3,157 |
| Discontinued operations | 4,496 | (38) | 377 |
| Net earnings (loss) attributable to common shareowners | $5,604 | $1,349 | $3,534 |
| Earnings per share | |||
| Basic: | |||
| Continuing operations | $1.23 | $1.66 | $3.74 |
| Discontinued operations | 5.01 | (0.05) | 0.45 |
| Net earnings (loss) | $6.24 | $1.61 | $4.19 |
| Diluted: | |||
| Continuing operations | $1.22 | $1.63 | $3.67 |
| Discontinued operations | 4.93 | (0.05) | 0.43 |
| Net earnings (loss) | $6.15 | $1.58 | $4.10 |
| Weighted-average number of shares outstanding | |||
| Basic | 898.2 | 837.3 | 843.4 |
| Diluted | 911.7 | 853.0 | 861.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.