CARRIER GLOBAL Corp
For the period ended Dec 31, 2023. Filed Feb 6, 2024.
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FY2023 · Filed Feb 6, 2024
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) | 2023 | 2022 | 2021 |
| Net sales | |||
| Product sales | $19,563 | $18,250 | $17,214 |
| Service sales | 2,535 | 2,171 | 3,399 |
| 22,098 | 20,421 | 20,613 | |
| Costs and expenses | |||
| Cost of products sold | (13,831) | (13,337) | (12,300) |
| Cost of services sold | (1,884) | (1,620) | (2,333) |
| Research and development | (617) | (539) | (503) |
| Selling, general and administrative | (3,297) | (2,512) | (3,120) |
| (19,629) | (18,008) | (18,256) | |
| Equity method investment net earnings | 211 | 262 | 249 |
| Other income (expense), net | (384) | 1,840 | 39 |
| Operating profit | 2,296 | 4,515 | 2,645 |
| Non-service pension benefit (expense) | (1) | (4) | 61 |
| Interest (expense) income, net | (211) | (219) | (306) |
| Income from operations before income taxes | 2,084 | 4,292 | 2,400 |
| Income tax expense | (644) | (708) | (699) |
| Net income from operations | 1,440 | 3,584 | 1,701 |
| Less: Non-controlling interest in subsidiaries' earnings from operations | 91 | 50 | 37 |
| Net income attributable to common shareowners | $1,349 | $3,534 | $1,664 |
| Earnings per share | |||
| Basic | $1.61 | $4.19 | $1.92 |
| Diluted | $1.58 | $4.10 | $1.87 |
| Weighted-average number of shares outstanding | |||
| Basic | 837.3 | 843.4 | 867.7 |
| Diluted | 853.0 | 861.2 | 890.3 |
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