ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2025

The components of the purchase price are as follows:


(In millions)	January 2, 2024
Cash	$	11,156
Common shares (58,608,959 shares at $51.20 per share)	3,001
Total consideration	$	14,157

The allocation of the purchase price is as follows:


(In millions)	January 2, 2024
Cash and cash equivalents	$	393
Accounts receivable	413
Inventories	920
Other current assets	17
Fixed assets	919
Intangible assets	6,645
Other assets	299
Accounts payable	(290)
Other liabilities, current	(663)
Future income tax obligations	(1,810)
Other liabilities	(301)
Total identifiable net assets	6,542
Goodwill	7,607
Total consideration	$	14,149

The Company recorded intangible assets based on its estimate of fair value which consisted of the following:


(In millions)	Estimated Useful Life (in years)	Intangible Assets Acquired
Customer relationships	17	$	4,787
Technology	10 - 20	1,051
Trademark	40	679
Backlog	1	123
Other	50	5
Total intangible assets acquired		$	6,645

Tabular disclosure of business combination. Includes, but is not limited to, recognized asset and liability.

CARRIER GLOBAL Corp 10-Q