Carrier Global Corp Files 8-K on Financials
Ticker: CARR · Form: 8-K · Filed: Oct 24, 2024 · CIK: 1783180
| Field | Detail |
|---|---|
| Company | Carrier Global CORP (CARR) |
| Form Type | 8-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $3 billion, $4.7 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, debt, disclosure
TL;DR
Carrier Global filed an 8-K on Oct 24, 2024, detailing its financial condition and debt notes.
AI Summary
On October 24, 2024, Carrier Global Corporation filed an 8-K report detailing its financial condition and results of operations. The filing includes information on various debt instruments, such as A4.375 Notes Due 2025, A4.125 Notes Due 2028, and A4.500 Notes Due 2032, indicating ongoing financial activities and obligations.
Why It Matters
This filing provides insight into Carrier Global's current financial standing and its various debt obligations, which are crucial for investors to assess the company's financial health and risk.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and does not indicate any immediate or significant risks.
Key Players & Entities
- CARRIER GLOBAL CORPORATION (company) — Registrant
- October 24, 2024 (date) — Date of Report
- A4.375 Notes Due 2025 (dollar_amount) — Debt Instrument
- A4.125 Notes Due 2028 (dollar_amount) — Debt Instrument
- A4.500 Notes Due 2032 (dollar_amount) — Debt Instrument
FAQ
What is the primary purpose of this 8-K filing by Carrier Global Corporation?
The primary purpose of this 8-K filing is to report on Carrier Global Corporation's results of operations and financial condition, as well as to provide Regulation FD disclosures and financial statements and exhibits.
What specific debt instruments are mentioned in the filing?
The filing mentions specific debt instruments including 'carr:A4.375NotesDue2025Member', 'carr:A4.125NotesDue2028Member', and 'carr:A4.500NotesDue2032Member'.
On what date was this 8-K report filed?
This 8-K report was filed on October 24, 2024.
What is Carrier Global Corporation's state of incorporation and IRS number?
Carrier Global Corporation is incorporated in Delaware and its IRS Employer Identification No. is 83-4051582.
What is the business address of Carrier Global Corporation?
The business address of Carrier Global Corporation is 13995 Pasteur Boulevard, Palm Beach Gardens, Florida 33418.
Filing Stats: 771 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2024-10-24 06:58:44
Key Financial Figures
- $0.01 — ange on which registered Common Stock ($0.01 par value) CARR New York Stock Exchange
- $3 billion — Company's Board of Directors approved a $3 billion increase to the Company's existing stoc
- $4.7 billion — purchase authorization to approximately $4.7 billion. Share repurchases may take place from
Filing Documents
- carr-20241024.htm (8-K) — 38KB
- a99-q32024earningsexhibit.htm (EX-99) — 662KB
- carrierlogo100.gif (GRAPHIC) — 6KB
- 0001783180-24-000084.txt ( ) — 910KB
- carr-20241024.xsd (EX-101.SCH) — 3KB
- carr-20241024_def.xml (EX-101.DEF) — 7KB
- carr-20241024_lab.xml (EX-101.LAB) — 29KB
- carr-20241024_pre.xml (EX-101.PRE) — 16KB
- carr-20241024_htm.xml (XML) — 5KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On October 24, 2024, Carrier Global Corporation (" Carrier " or the " Company ") issued a press release announcing its third quarter 2024 results, including preliminary net cash flow and free cash flow results. The press release issued October 24, 2024 is furnished herewith as Exhibit No. 99 to this Report, and shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that Section and shall not be deemed to be incorporated by reference into any filing by the Company under the Securities Act of 1933, as amended (the " Securities Act "), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Section 7—Regulation FD
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On October 24, 2024, Carrier issued a press release announcing that on October 21, 2024, the Company's Board of Directors approved a $3 billion increase to the Company's existing stock repurchase authorization, which increased the amount available under the current stock repurchase authorization to approximately $4.7 billion. Share repurchases may take place from time to time at the Company's discretion in the open market or through one or more other public or private transactions, subject to, among other things, market conditions, share price, compliance with securities laws and regulatory requirements and other factors. The stock repurchase authorization has no time limit and may be modified, suspended or discontinued at any time. The press release issued October 24, 2024 is furnished herewith as Exhibit No. 99 to this Report, and shall not be deemed filed for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section and shall not be deemed to be incorporated by reference into any filing by the Company under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Section 9—Financial Statements and Exhibits
Financial Statements and Exhibits
Item 9. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 99 Press release, dated October 2 4 , 2024, issued by Carrier Global Corporation. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CARRIER GLOBAL CORPORATION (Registrant) Date: October 24, 2024 By: / S / PATRICK GORIS Patrick Goris Senior Vice President and Chief Financial Officer