Carrier Global Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Net Income	1,349	3,534	1,664	1,982	2,116	2,734	1,227
Depreciation & Amortization	542	380	338	336	335	357	372
Share-Based Compensation	81	77	92	77	52	44	34
Other Operating Activities	635	-2,248	143	-703	-440	-1,080	465
Operating Cash Flow	2,607	1,743	2,237	1,692	2,063	2,055	2,098
Operating Cash Flow Growth	49.57%	-22.08%	32.21%	-17.98%	0.39%	-2.05%	-
Capital Expenditures	-469	-353	-344	-312	-243	-263	-326
Acquisitions	-164	2,292	-366	0	0	722	472
Change in Investments	-50	-194	11	1,417	6	0	0
Other Investing Activities	23	-	7	1	-22	-44	125
Investing Cash Flow	-660	1,745	-692	1,106	-259	415	271
Dividends Paid	-620	-509	-417	-138	0	0	0
Share Issuance / Repurchase	-62	-1,380	-527	0	0	0	0
Debt Issued / Paid	5,483	-983	-551	9,850	-6	120	-12
Other Financing Activities	-189	-59	-67	-10,393	-1,976	-2,747	-2,181
Financing Cash Flow	4,612	-2,931	-1,562	-681	-1,982	-2,627	-2,193
Exchange Rate Effect	88	-56	-16	45	1	-39	64
Net Cash Flow	6,490	501	-93	2,162	-177	-196	240
Free Cash Flow	2,138	1,390	1,893	1,380	1,820	1,792	1,772
Free Cash Flow Growth	53.81%	-26.57%	37.17%	-24.18%	1.56%	1.13%	-
Free Cash Flow Margin	9.68%	6.81%	9.18%	7.91%	9.78%	9.47%	9.95%
Free Cash Flow Per Share	2.55	1.65	2.18	1.59	2.10	2.07	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).