CARRIER GLOBAL Corp
For the period ended Sep 30, 2025. Filed Oct 28, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 28, 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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Condensed Consolidated Statement of Changes in Equity
| (In millions) | Accumulated Other Comprehensive Income (Loss) | Common Stock | Treasury Stock | Additional Paid-In Capital | Retained Earnings | Non-Controlling Interest | Total Equity |
|---|---|---|---|---|---|---|---|
| Balance as of December 31, 2024 | $(2,106) | $9 | $(3,915) | $8,610 | $11,483 | $314 | $14,395 |
| Net earnings (loss) | — | — | — | — | 412 | 25 | 437 |
| Other comprehensive income (loss), net of tax | 633 | — | — | — | — | — | 633 |
| Shares issued under incentive plans, net | — | — | — | (17) | — | — | (17) |
| Stock-based compensation | — | — | — | 23 | — | — | 23 |
| Treasury stock repurchase | — | — | (1,273) | — | — | — | (1,273) |
| Balance as of March 31, 2025 | $(1,473) | $9 | $(5,188) | $8,616 | $11,895 | $339 | $14,198 |
| Net earnings (loss) | — | — | — | — | 591 | 42 | 633 |
| Other comprehensive income (loss), net of tax | 1,060 | — | — | — | — | 3 | 1,063 |
| Dividends declared on common stock (1) | — | — | — | — | (192) | — | (192) |
| Shares issued under incentive plans, net | — | — | — | 1 | — | — | 1 |
| Stock-based compensation | — | — | — | 21 | — | — | 21 |
| Dividends attributable to non-controlling interest | — | — | — | — | — | (76) | (76) |
| Treasury stock repurchase | — | — | (334) | — | — | — | (334) |
| Share repurchase with Viessmann | — | — | — | (300) | — | — | (300) |
| Balance as of June 30, 2025 | $(413) | $9 | $(5,522) | $8,338 | $12,294 | $308 | $15,014 |
| Net earnings (loss) | — | — | — | — | 428 | 27 | 455 |
| Other comprehensive income (loss), net of tax | 48 | — | — | — | — | 1 | 49 |
| Dividends declared on common stock | — | — | — | — | (192) | — | (192) |
| Shares issued under incentive plans, net | — | — | — | (3) | — | — | (3) |
| Stock-based compensation | — | — | — | 11 | — | — | 11 |
| Dividends attributable to non-controlling interest | — | — | — | — | — | (6) | (6) |
| Treasury stock repurchase | — | — | (489) | — | — | — | (489) |
| Share repurchase with Viessmann | — | — | (300) | 300 | — | — | — |
| Balance as of September 30, 2025 | $(365) | $9 | $(6,311) | $8,646 | $12,530 | $330 | $14,839 |
| The accompanying notes are an integral part of the Unaudited Condensed Consolidated Financial Statements. | |||||||
| CARRIER GLOBAL CORPORATION | |||||||
|---|---|---|---|---|---|---|---|
| CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY | |||||||
| (Unaudited) | |||||||
| (In millions) | Accumulated Other Comprehensive Income (Loss) | Common Stock | Treasury Stock | Additional Paid-In Capital | Retained Earnings | Non-Controlling Interest | Total Equity |
| Balance as of December 31, 2023 | $(1,486) | $9 | $(1,972) | $5,535 | $6,591 | $328 | $9,005 |
| Net earnings (loss) | — | — | — | — | 269 | 20 | 289 |
| Other comprehensive income (loss), net of tax | (386) | — | — | — | — | (3) | (389) |
| Shares issued under incentive plans, net | — | — | — | (22) | — | — | (22) |
| Stock-based compensation | — | — | — | 23 | — | — | 23 |
| Acquisition of VCS Business | — | — | — | 3,000 | — | — | 3,000 |
| Balance as of March 31, 2024 | $(1,872) | $9 | $(1,972) | $8,536 | $6,860 | $345 | $11,906 |
| Net earnings (loss) | — | — | — | — | 2,337 | 32 | 2,369 |
| Other comprehensive income (loss), net of tax | 186 | — | — | — | — | (1) | 185 |
| Dividends declared on common stock (1) | — | — | — | — | (343) | — | (343) |
| Shares issued under incentive plans, net | — | — | — | 2 | — | — | 2 |
| Stock-based compensation | — | — | — | 25 | — | — | 25 |
| Dividends attributable to non-controlling interest | — | — | — | — | — | (65) | (65) |
| Balance as of June 30, 2024 | $(1,686) | $9 | $(1,972) | $8,563 | $8,854 | $311 | $14,079 |
| Net earnings (loss) | — | — | — | — | 447 | 34 | 481 |
| Other comprehensive income (loss), net of tax | 884 | — | — | — | — | 9 | 893 |
| Shares issued under incentive plans, net | — | — | — | (3) | — | — | (3) |
| Stock-based compensation | — | — | — | 28 | — | — | 28 |
| Dividends attributable to non-controlling interest | — | — | — | — | — | (5) | (5) |
| Treasury stock repurchase | — | — | (431) | — | — | — | (431) |
| Balance as of September 30, 2024 | $(802) | $9 | $(2,403) | $8,588 | $9,301 | $349 | $15,042 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.