GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Carrier Global Corp (WBO:CARG) » Definitions » Allowance For Loans And Lease Losses

Carrier Global (WBO:CARG) Allowance For Loans And Lease Losses


View and export this data going back to 2021. Start your Free Trial

What is Carrier Global Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Carrier Global Business Description

Industry
Traded in Other Exchanges
Address
13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion.