---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-002601"
form_type: "8-K"
ticker: "CARR"
cik: "0001783180"
company_name: "CARRIER GLOBAL Corp"
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:48:29.204311+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Carrier enters $615M AFFF settlement; expects insurance to cover full amount

## Summary
- Settlement resolves all present and future AFFF-related claims against Carrier from KFI liabilities.
- Carrier to pay $615M in cash over 5 years plus 100% of KFI asset sale proceeds (est. $115M).
- Carrier contributes first $125M of insurance recoveries; expects total insurance to cover settlement.
- Separate settlements for estate claims (Bankruptcy Court) and direct claims (MDL Court) with opt-out thresholds.
- Non-settling parties may still assert direct claims, but vast majority of public water systems and airports expected to participate.

## SEC filing metadata
- accession: 0000950142-24-002601
- form_type: 8-K
- ticker: CARR
- cik: 0001783180
- company_name: CARRIER GLOBAL Corp
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783180/000095014224002601/0000950142-24-002601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783180/000095014224002601/eh240546642_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-002601
- JSON: https://secwatch.observer/filing/0000950142-24-002601.json
- Plain text: https://secwatch.observer/filing/0000950142-24-002601.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.