The company completed the acquisition of Viessmann's climate solutions business in January 2024, a strategic move to expand its presence in the European residential market.

The company announced plans to divest its Fire & Security and Commercial Refrigeration businesses, signaling a shift in strategic focus towards climate and energy solutions.

The company's strategy emphasizes organic growth by designing smarter, more connected, and sustainable systems, and by leveraging digital platforms to enhance customer solutions.

The company is focused on driving operational excellence across its businesses through the Carrier Excellence program, which aims to improve efficiency, digitalization, and supply chain productivity.

The company acknowledges the challenges of integrating acquired businesses, including the VCS business, which may lead to material costs and difficulties in achieving anticipated synergies.

The company is committed to talent development and employee engagement through programs such as the Employee Scholar Program and diversity and inclusion initiatives.

The company's international operations, which account for 48% of net sales, are subject to risks from fluctuating exchange rates, changes in government regulations, and political instability.

The company faces risks from climate change, including extreme weather conditions and regulatory changes aimed at reducing greenhouse gas emissions, which could impact its products and operations.

The company acknowledges the potential for cybersecurity incidents to disrupt operations, cause data loss, and negatively impact its reputation and financial results.

The company operates in highly competitive markets, facing competition from regional and specialized companies as well as larger public and private entities.

The company emphasizes technology differentiation, product performance, service, delivery schedule and price as key competitive factors in its markets.

The company highlights brand reputation, customer service and quality as important competitive factors for its products and services.

The company continues to invest in its supply chain to improve its resilience with a focus on automation, dual sourcing of critical components, and localized manufacturing.

The company is focused on strategic cost reductions through operational efficiency, digitalization, automation and supply chain productivity.

The company's Supplier Excellence program is intended to apply operating principles to its supply base, focusing on strategic cost reductions.

The company's strategy involves driving organic growth by maintaining its track record of innovation, focusing on smarter, more connected and sustainable systems.

The company is investing in digital platforms like Abound and Lynx to enhance customer experience and drive aftermarket growth.

The company has signed a multi-year strategic collaboration agreement with AWS to offer additional Software-as-a-Service solutions.

The company temporarily paused its share repurchase program to advance its capital allocation strategy, which includes the acquisition of the VCS business.

The company's quarterly cash dividends are subject to a number of uncertainties and may be discontinued or modified at any time, which could affect the stock price.

The company seeks to grow through strategic acquisitions and divestitures, which may result in significant costs and challenges related to integration and potential liabilities.

The company has set ambitious environmental, social and governance goals to be reached by 2030, including investing over $2 billion in sustainable solutions and achieving carbon neutral operations.

The company promotes diversity and inclusion through various initiatives, including Employee Resource Groups and relationships with historically black colleges and universities.

The company is focused on eliminating the risk of serious injuries, illnesses and fatalities through rigorous standards, controls, inspections and audits.

The company's worldwide operations are affected by global and regional industrial, economic and political factors and trends, including urbanization and climate change.

Demand for HVAC products and services is seasonal and affected by weather conditions, with sales to residential customers typically higher in the second and third quarters.

The company is subject to complex laws and regulations in the U.S. and other countries, which may be interpreted differently and may change over time, resulting in higher expenses.